NEW CHINA TRUST CO.,LTD.(xin hua xin tuo gu fen you xian gong si )

Xinhua Trust Co., Ltd

Xinhua Trust Co., Ltd. was founded in 1979. In May 1986, with the approval of the people's Bank of China's "reply on the establishment of Chongqing Trust and investment company of industrial and Commercial Bank of China", Chongqing Trust and investment company of industrial and Commercial Bank of China was established (see Yinfu No. 113). In March 1992, Chongqing Branch of the people's Bank of China and Chongqing Economic System Reform Commission jointly approved the restructuring of Chongqing Trust and Investment Co., Ltd. into a joint stock limited company with the reply on issues related to improving the joint stock system of Chongqing Trust and Investment Co., Ltd. of industrial and Commercial Bank of China (see Zhong Ren hang Fa [92] Zi No. 66).

From July 17, 2020, China Banking and Insurance Regulatory Commission will take over Xinhua Trust Co., Ltd. in accordance with the law, with a term of one year. If the takeover fails to achieve the expected effect, the takeover period shall be extended according to law.

Historical evolution

In 1979, Xinhua Trust Co., Ltd. was established.

In October 2001, the company became one of the first five companies approved by the people's Bank of China to operate trust business.

In January 2009, Xinhua trust increased its capital and shares to 621.12 million yuan.

In August 2012, with the approval of Chongqing banking regulatory bureau, the registered capital of the company increased to 1.2 billion yuan.

From July 17, 2020, China Banking and Insurance Regulatory Commission will take over Xinhua Trust Co., Ltd. in accordance with the law, with a term of one year. If the takeover fails to achieve the expected effect, the takeover period shall be extended according to law.

Company profile

In January 1998, with the approval of the people's Bank of China's "reply on the change of the transferee and the name change of industrial and Commercial Bank of China Chongqing Trust and Investment Co., Ltd.", industrial and Commercial Bank of China transferred its shares to Shenzhen New Industry Investment Co., Ltd., and then changed its name to "Chongqing Xinhua trust and Investment Co., Ltd." (see ybh [1998] No. 5) ）。 In October 2001, the company completed the first batch of re registration in accordance with the requirements of China Banking Regulatory Commission (hereinafter referred to as "CBRC") and the people's Bank of China, and reported to the people's Bank of China for approval. The company increased capital and shares to 500 million yuan (see Yin Fu [2001] No. 174); in December of the same year, it was renamed "Xinhua trust" with the approval of Chongqing Business Management Department of the people's Bank of China Investment Co., Ltd. (see YYF [2001] No. 220). In September 2007, with the approval of China Banking Regulatory Commission, the company changed its name to "Xinhua Trust Co., Ltd." (see YJF [2007] No. 390). In August 2008, with the approval of China Banking Regulatory Commission's reply on matters related to Xinhua Trust Co., Ltd's absorption of shares and adjustment of equity structure, the company increased its capital and shares to 621.12 million yuan in January 2009 (see YJF [2008] no.327).

Composition of shareholders

Company address

10 / F, Xinhua Financial Building, 69 Linjiang Road, Yuzhong District, Chongqing

11-14 / F, No. 818, Nanjing West Road, Jing'an District, Shanghai

business management

Business objectives

By strengthening the expansion of asset management business, improving the function of trust, increasing product innovation, we strive to develop the company into a high-quality comprehensive financial service institution engaged in strategic investment and providing comprehensive and high-end financial services, and create a trust company with good management and return in China.

By 2012, the company has reached the advanced level of the industry in terms of comprehensive financial indicators such as trust asset scale, trust business income and return on equity.

Business policy

The company adheres to the business philosophy of "cherishing trust and professional financial management", implements the business policy of "trust based, market-oriented and innovative", takes the economic growth mode formulated in the 12th Five Year Plan as the guidance, takes the "measures for the management of net capital of trust companies" as the important guidance for business development, and takes the customer as the center and market as the guidance, striving to optimize the Department functions To be able to implement the specialized division of labor mode of "contracting, undertaking, underwriting and managing", timely adjust the business process according to the changes of policies and the needs of operation and management, and constantly improve the level of operation and management; vigorously promote the construction of "people-oriented" enterprise culture and compliance culture, adhere to the compliance and steady operation, improve the analysis and pricing system of business risk, and improve the risk management We should strengthen the construction of talent team, forge ahead, explore and innovate, improve the ability of direct selling and customer service, continue to improve the incentive and restraint mechanism, promote the salary reform, and maintain the leading, sustainability and restraint of the company's incentive policies, strive to achieve comprehensive informatization, cultivate the company's core competitiveness in an all-round way, and establish the company's first-class competitiveness To ensure that the company can achieve long-term and sustainable development goals.

strategic planning

The strategic plan of the company is "to maintain the advantages and consolidate the foundation; to break through the key points and make innovations; to actively invest and professionally standardize; to cooperate and compete with differences". After three years of efforts, the company can achieve breakthroughs in key products in the field of advantages, accumulate considerable brand effect, competitive advantage, management experience, professional ability and customer resources, and on this basis, seek business optimization layout, promote new development of business coverage and mode; in another five years, the company will be built into a company with obvious comprehensive advantages, core competitiveness and core competitiveness China's leading provider and asset manager of high-quality comprehensive financial solutions.

The company's business direction is mainly located in five aspects: real estate, infrastructure, private equity investment (PE), securities investment and resource investment. The company maintains the steady improvement of real estate and infrastructure projects on the basis of original advantages, and achieves key breakthrough and innovation in PE, securities and resource investment projects. The company will shift from investment banking business to asset management business, and make asset management business a breakthrough for the company to move towards high-end financial services. Taking the "measures for the management of net capital of trust companies" as an opportunity, we are actively preparing to start the listing work, so as to enhance the core competitiveness of the company.

In 2010, the company successfully completed the indicators of the first year of the three-year plan, successfully realized the transformation of the company's business and the "qualitative" leap in business development, and was rated as a five-star trust company by the financial management network.

management model

1. At the beginning of re registration, the company formulated the articles of association and supporting management system in accordance with the relevant provisions of the company law and the measures for the administration of trust companies, and established a corporate governance structure with the general meeting of shareholders, the board of directors, the board of supervisors and the management as the main body. The company adheres to the standardized operation of "three meetings and one layer" and forms the general manager responsibility system under the supervision of the board of supervisors and the leadership of the board of directors.

2. The board of directors of the company consists of the office of the board of directors, the Remuneration Committee, the trust Committee, the related party transaction Committee, the risk management committee and the audit committee. Each Committee deliberates democratically and gives full play to the functions of strategic planning, business guidance, evaluation, rewards and punishments, risk control, related party transactions, internal audit, compliance management, etc. The office of the board of directors is responsible for the daily routine work of the general meeting of shareholders and the board of directors.

3. The company's board of supervisors is the supervision organization to supervise the company's operation and management in accordance with the law and the company's established strategy, under which the office of the board of supervisors is responsible for the daily work of the board of supervisors.

4. The operation and management of the company adopts the mode of front, middle and back office. The front desk is responsible for the company's business expansion and customer service; the middle and back office is responsible for performing management responsibilities in accordance with the law; each platform is responsible for division of labor, mutual cooperation and mutual restriction to ensure effective prevention and control of business management risks.

5. In order to effectively mobilize resources and facilitate the company to make reasonable decisions on major issues, the company has established human resource management committee, trust Project Risk Advisory Committee, innovation business committee and asset management business management committee at the level of operation and management.

Three business structures

1. Integrated investment banking: as a medium connecting the supply and demand sides in the capital market, it provides comprehensive intermediary services and consulting planning for the participants in the capital market. The company's comprehensive investment banking business mainly includes the bond underwriting and issuance business in the domestic bond market with central enterprises as the main target customers, and provides professional financing consulting services in the whole process of policy consultation, scheme design, financial integration, document approval, coordination of intermediary agencies, establishment of underwriting group, and completion of bond issuance and sales. In addition, we should give full play to the function of resource allocation around the capital market, and provide multi-level and all-round financial advisory services in enterprise mergers and acquisitions, asset restructuring, strategic planning, management process, human resources and other aspects.

2. Asset management business: the company's investment business is connected with investment banking business, trust products and market demand to provide a professional investment management platform and means for the preservation and appreciation of assets. We will use various financial means such as investment, loan and leasing to extensively participate in asset management in the securities market, real estate market, infrastructure and high-tech fields, or make portfolio investment in the above industrial markets and capital markets.

3. Functional trust business: according to the different needs of the client, make full use of the trust function to provide diversified and personalized financial services for the client.

Seven core businesses

1. Fixed income financial trust products: under the premise of effective risk control, develop fixed income products suitable for institutional investors and market demand through various credit enhancement means.

2. MBO Trust: it combines various profit models such as financial consultant, equity holding, financing and equity investment.

3. M & a consulting business: provide a package of financial services for the M & a business of industrial integration.

4. Asset trading business:

Chinese PinYin : Xin Hua Xin Tuo Gu Fen You Xian Gong Si