China Orient Asset Management Co., Ltd. (“COAMC”) was previously known as China Orient Asset Management Company. Set up in 1999, it is one of the four state-owned asset management companies (AMCs). Since its establishment, COAMC aims to safeguard state-owned assets, dissolve financial risks and promote the reform of state-owned enterprises. Having accumulatively managed and disposed of over one trillion RMB of non-performing assets (NPAs), COAMC has made an ineffaceable contribution to maintain the stability of the country’s financial system. In 2016, COAMC was restructured to a Company Limited by Shares with the approval from State Council. In 2017, with support and guidance by the supervision department, COAMC successfully introduced strategic investors, including the National Council for Social Security Fund, China Telecommunications Corporation, China Reform Capital Corporation and Shanghai Electric Group. By the end of 2017, the total number of China Orient Group’s total assets exceeded 980 billion RMB, owning 25 branches and 1 business department in key cities, with business scope covering non-performing assets, insurance, banks, trust, credit rating, and international business. Currently COAMC has 14 holding companies at home and abroad with a total of 64,000 employees and a service network covering all of China.
Sunshine Assets Management Co., Ltd. (“Sunshine Asset”), a strategic investor in COS Capital, is the primary asset management platform of Sunshine Insurance Group Co., Ltd. (“Sunshine Insurance”). By the end of 2018, the total assets totaled 1.26 billion RMB. Its AUM reached 367.71 billion RMB, and existing scale of insurance investment vehicles exceeded 186.86 billion RMB. Sunshine Asset is one of the largest and most influential institutional investors in China's capital market. Sunshine Insurance was established in July 2005. After more than ten years of development, it has become an integral part of China's financial industry. It has entered the top 500 Chinese enterprises and top 100 Chinese service companies within five years of having been established. The Group currently has a series of professional subsidiaries such as Sunshine Property Insurance, Sunshine Life Insurance, Sunshine Surety, Sunshine Asset Management, and Sunshine Ronghe Hospital. To date, Sunshine Insurance has underwritten for more than 175 trillion RMB of social assets, accumulatively paid more than 76.6 billion RMB’s worth of policy claims, created over 198,000 job opportunities, and surpassed 23.6 billion RMB in tax payment, providing insurance coverage for 210 million customers. In various charitable causes, the accumulated investment has exceeded over 110 million RMB.