BANK OF COMMUNICATIONS INTERNATIONAL TRUST CO., LTD.(jiao yin guo ji xin tuo you xian gong si )

Bank of Communications International Trust Co., Ltd

Bocom International Trust Co., Ltd. (hereinafter referred to as "bocom International Trust") is one of the non bank financial institutions controlled by Bank of communications. It has unique competitive advantages and excellent brand reputation with the background of large state-owned commercial banks. The registered capital of the company is RMB 5.7647 billion, Bank of Communications Co., Ltd. holds 85% of the shares, and Hubei Provincial Department of finance holds 15% of the shares. The company is the first trust company specially approved by the State Council for direct investment and holding by commercial banks, and also the first trust company reorganized and established in accordance with the new "one law and two regulations".

Company profile

Bocom International Trust Co., Ltd. (hereinafter referred to as "the company") was established in June 1981, formerly known as Hubei International Trust and investment company, with a registered capital of 100 million yuan. In December 2001, in accordance with the relevant requirements of the people's Bank of China on the reorganization and re registration of trust and investment companies, the company was restructured and renamed as Hubei International Trust and Investment Co., Ltd. and re registered with the people's Bank of China in January 2003. In May 2007, with the approval of China Banking Regulatory Commission, the company introduced Bank of Communications Co., Ltd. to implement strategic restructuring. After the reorganization, the company changed its name to "Bank of Communications International Trust Co., Ltd." with a registered capital of 1.2 billion yuan. Bank of Communications Co., Ltd. holds 85% of the shares, and Hubei Provincial Department of finance holds 15% of the shares. In December 2011, according to the resolution of the company's shareholders' meeting and with the approval of Hubei banking regulatory bureau, the registered capital of the company increased to RMB 2 billion.

The company is the first trust company directly invested and controlled by a state-owned joint-stock commercial bank in China, and also the first trust company reorganized and established in accordance with the new "one law and two regulations".

The company has a group of professional teams with senior working background in commercial banks, investment banks, trusts, funds, etc., and has strong strength background, perfect resource network and excellent brand reputation support of Bank of communications. Since its establishment, Adhering to the business tenet of "entrusted by others, financing on behalf of others" and the management concept of good faith service, according to the asset status and risk preference of customers, using the trust system and its unique function design, we wholeheartedly provide cross market, multi field, cross regional wealth management, project financing and entrusted trusteeship and other professional trust services, and win praise with high-quality and thoughtful services.

Establishment of the company

On the 28th, Bank of Communications International Trust Co., Ltd. was officially listed. It is reported that the company is the first banking trust company in China, which was formed by the restructuring of Hubei International Trust and Investment Co., Ltd. with the investment of 1.2 billion yuan from Bank of communications. Relevant experts said that this is the first time that China has approved commercial banks to invest in trust companies. In the restructured bocom trust, Bank of communications and Hubei Provincial Department of finance hold 85% and 15% shares respectively.

It is a mature international business model for commercial banks to operate trust business. The Bank of communications's participation in the restructuring of Hubei state investment bank is the first time that commercial banks have been introduced as strategic investors in the domestic trust industry after repeated rectification, which will inject power into the reform and development of the trust industry.

Bank of communications, founded in 1908, is a large state-owned joint-stock commercial bank. Founded in 1981, Hubei International Trust and investment company is a local non bank financial institution directly under Hubei provincial government. In January 2003, it became the first trust institution in Hubei Province to obtain the qualification of financial market access.

Company address

15-16 / F, Jinming building, 18 Xianxia Road, Shanghai

Organization

See the picture on the right

Nature of Business

1. Fund trust;

2. Chattel trust;

3. Real estate trust;

4. Securities trust;

5. Other property or property trust;

6. Engaging in investment fund business as the sponsor of an investment fund or fund management company;

7. To manage the business of assets reorganization, merger and acquisition, project financing, corporate finance, financial consultant, etc;

8. Entrusted to operate securities underwriting business approved by relevant departments of the State Council;

9. Handle intermediary, consulting, credit investigation and other business;

10. Acting safekeeping and safe deposit box business;

11. The use of inherent property in the form of deposits with banks, placements with banks, loans, leases and investments;

12. Providing guarantee for others with inherent property;

13. Engage in interbank lending;

14. Other businesses required by laws and regulations or approved by CBRC.

Memorabilia

1. On June 8, 2007, the signing ceremony of Hubei SDIC restructuring agreement was held in Wuhan. Luo Qingquan, governor of Hubei Province, Zhou Jianwei, executive vice governor, Ruan Chengfa, vice governor, Li Jun, President of Bank of communications, Peng Chun, vice president, Duan lunyi, Secretary General of Hubei provincial government, Yang Jiacai, director of first Supervision Department of China Banking Regulatory Commission, and Chen Qiong, deputy director of non banking department, attended the signing ceremony. Governor Luo Qingquan and President Li Jun delivered speeches on behalf of Hubei provincial government and Bank of communications respectively, and jointly expressed their confidence and best wishes for cooperation. Bank of communications, state owned assets supervision and Administration Commission of Hubei Province and Hubei State Investment Corporation officially signed the restructuring agreement. After the reorganization, "Hubei International Trust and Investment Co., Ltd." was renamed "Bank of Communications International Trust Co., Ltd.".

2. On September 29, 2007, the first shareholders' meeting, the first meeting of the first board of directors and the first meeting of the first board of supervisors of BOCOM International Trust Co., Ltd. were held in Wuhan. Resolutions on major issues such as changing the name of the company, increasing capital and shares, and amending the articles of association were passed. The chairman and the chief supervisor were elected and senior managers were appointed.

3. On October 16, 2007, BOCOM International Trust Co., Ltd. obtained the "financial business license" issued by CBRC.

4. On October 19, 2007, BOCOM International Trust Co., Ltd. obtained the "legal person business license" issued by Hubei Administration for Industry and commerce.

5. On October 28, 2007, the opening ceremony reception of BOCOM International Trust Co., Ltd. was held in Shangri La Hotel, Wuhan. Relevant leaders from Hubei provincial Party committee, provincial government, head office of Bank of communications and China Banking Regulatory Commission attended the opening ceremony. Also attending the opening ceremony were leaders from Hubei SASAC, Hubei Provincial Department of finance, Hubei banking regulatory bureau and other units, as well as news media, trust network, gain wealth and people from all walks of life.

Chinese PinYin : Jiao Yin Guo Ji Xin Tuo You Xian Gong Si