Zhonghe guarantees that HNA has withdrawn. According to the 2020 annual report disclosed by Zhonghe Guarantee, its net profit in 2020 decreased by 652 million yuan. According to the split, the big profit loss of Zhonghe Guarantee in 2020 is mainly attributed to the following five reasons: 65,438+0) The guarantee business exhibition industry slowed down, resulting in a decline in premium income of 6,543.8+0.6 billion. (2) Some guarantee entities (such as Katie and Tian Bo Environment) have poor qualifications, and the impairment loss of claims receivable will reach 562 million in 2020. 3) The quality of investment assets is not high, and the total investment income and fair value change income decreased by 226 million. (4) China Financial Investment Management Co., Ltd. made a large provision for impairment of long-term equity investment in 2020, resulting in an increase of 399 million. (5) Due to the bankruptcy and reorganization of HNA Group, the company made provision for impairment of entrusted loans of 555 million yuan to HNA Capital, resulting in an increase of 365,438,800 yuan in impairment loss of financial assets measured in amortized cost.