Minmetals International Trust Co., Ltd.(wu kuang guo ji xin tuo you xian gong si )

Minmetals International Trust Co., Ltd

Minmetals International Trust Co., Ltd. (hereinafter referred to as "the company") is a non bank financial institution specialized in trust business under China Minmetals Group. On October 8, 2010, with the approval of China Banking Regulatory Commission, the company changed its establishment on the basis of the judicial reorganization of the former Qingtai trust and Investment Co., Ltd. With a registered capital of 6 billion yuan and a registered address in Xining City, Qinghai Province, the company has performed well since its establishment for more than a year, and has been rated as a five-star trust company by GESHANG financial management network.

Introduction to shareholders

Minmetals Investment Development Co., Ltd

Minmetals Investment Development Co., Ltd. (66%) was established in 1999 as a wholly-owned subsidiary of China Minmetals Group. It is mainly responsible for the operation of Minmetals Group's financial investment business and the holding management of its financial companies. At present, its financial enterprises include: Minmetals Group Finance Co., Ltd., China Foreign Trade Financial Leasing Co., Ltd., Minmetals International Trust Co., Ltd., Minmetals Securities Co., Ltd., Minmetals Futures Co., Ltd., Jinsheng Life Insurance Co., Ltd., etc. in addition, it has made strategic investment in many large banks and other financial enterprises;

Xining City Investment Management Co., Ltd

Xining City Investment Management Co., Ltd. (33.9% shares) is a wholly state-owned company approved by Xining Municipal People's government. It is mainly engaged in the operation and management of state-owned assets authorized by the government, project operation and development management, investment and financing, etc. by the end of 2009, the total assets reached 25.2 billion yuan, and the net assets reached 10.2 billion yuan. Since its establishment in 2005, it has been actively committed to the construction of management mechanism and the expansion of business. At present, the company and its businesses have involved in urban infrastructure construction, industry and transportation, logistics, tourism, guarantee, asset management and other industries. Due to the needs of business development, we are now inviting senior professional and technical personnel and management personnel nationwide

Great deeds

September 1997

With the approval of the people's Bank of China, Qinghai Qingtai trust and Investment Co., Ltd. was established as a non bank financial institution in Qinghai Province.

October 8, 2010

With the approval of China Banking Regulatory Commission, Qingtai trust and Investment Co., Ltd. changed its establishment of Minmetals International Trust Co., Ltd. on the basis of completing the judicial restructuring.

scope of business

Minmetals International Trust Co., Ltd. makes full use of the flexibility of the trust system arrangement and the independence of the trust itself, based on the capital market, money market and industrial market, adheres to the concept of "entrusted by others, financing on behalf of others", relies on strong shareholder background, actively integrates superior resources, relies on high-quality professional talent team, complete risk control system and advanced management model We should focus on the development of R & D and innovation ability of trust products, constantly expand the main business of trust asset management, strive to build a brand image with strategic significance, and strive to build a comprehensive financial service platform integrating investment, financing, financial management, leasing and guarantee.

Wealth management

Minmetals International Trust Co., Ltd. has set up a wealth management center to serve high-end customers. According to the financial needs of high-end customers, professional financial personnel will provide customers with a variety of financial services, such as meticulous, personalized and customized wealth planning, investment scheme, investment management, investment advice, convenient channels and so on.

For financial institutions

Assist commercial banks, insurance companies, securities companies and other financial institutions to carry out financial services, design products that meet customers' needs and meet the requirements of financial institutions' product risk attributes, and provide continuous trust services in the later operation of products.

For enterprise customers

Adhere to the market-oriented, fully explore the different needs of enterprise asset allocation, according to the frequency and liquidity requirements of enterprise customers' capital use, combined with the capital risk attribute, develop personalized financial management scheme for enterprise customers, improve the efficiency of capital use and financial income.

For individual customers

In depth analysis of the financial situation of individual customers, according to the customer's risk preference and financial needs, provide financial advice for customers, help customers choose appropriate financial products or tailor comprehensive financial planning.

corporate culture

1. Core concept:

Integrity, standardization, innovation and development

2. Core competitiveness:

Minmetals trust will continue to enhance its core competence and provide high-quality and reliable services to customers with its leading professional skills and professional attitude of integrity and refinement. The core competence is mainly reflected in the following aspects:

Financial planning:

The core competitiveness of financial services lies in innovation. Compared with other financial formats, the unique charm of trust lies in that its services can be comparable with people's imagination. Minmetals trust will be committed to building a high level of financial planning ability, integrating various resources, using a variety of financial tools, through professional design, so that Minmetals trust can provide customers with a full range of financial planning services;

Financial marketing:

By understanding the needs of all kinds of investors, we can help customers to find their own financial products. In order to meet the needs of customers, Minmetals trust will be committed to building a modern marketing concept, establishing a systematic marketing system, cultivating an efficient marketing team, and improving the financial marketing ability in an all-round way;

Asset management:

The core value of an enterprise is embodied in its core management ability. The core operation ability of trust company is embodied in the asset management ability. With the help of its own unique industry advantages, the group integrates all kinds of resources, highlights key points and concentrates advantages in the fields of investment funds and real estate trusts in resources and mineral related industries, so as to form its own characteristic asset management ability.

Risk management:

The essence of financial operation is risk management. Minmetals International Trust will build comprehensive risk management capabilities in corporate governance, internal control, business process, information management, corporate culture and other aspects.

Company address

19 / F, Yinlong building, No.36, Huanghe Road, Xining City, Qinghai Province

Organization

See the picture on the right

Company news

2012 is undoubtedly a year when the aura of the central enterprises is fading.

Although he still handed over a report card of "maintaining growth", the slowdown of growth rate and the decline of profitability have become the practical problems that this army has to face. At the same time, the word "loss" also frequently appeared in central enterprises in 2012.

Although the loss of central enterprises without exception will be attributed to the macroeconomic impact of the loss of "cyclical issues.". However, we find that it is in the context of "force majeure" that, compared with competitors in the same industry, some central enterprises are pursuing scale effect, while their strategic layout and risk management are highlighted.

On March 30, Minmetals development (600058) (600058, SH), the largest listed company of Minmetals Group, released its 2012 performance report. Minmetals development had its first loss in 16 years since it was listed: net profit of - 380 million yuan.

The largest holding subsidiary of Minmetals development, Minmetals Yingkou Medium Plate Co., Ltd. (hereinafter referred to as Minmetals Yinggang), reported a larger loss: in 2012, the operating profit was - 1.12 billion yuan, and the net profit was - 850 million yuan.

"Minmetals Yinggang specializes in medium and heavy plate, with a single product line and weak risk resistance. It is the" initiator "of Minmetals' losses." An Haixuan, a researcher in the metallurgical industry of CIC, told the daily economic news.

Minmetals Yinggang is a holding subsidiary of Minmetals in iron and steel production and deep processing of medium and heavy plate. It is a local backbone iron and steel enterprise in Liaoning Province. Minmetals development holds 50.4% of the shares. According to the consolidated statement, Minmetals Yinggang has contributed 459 million yuan in net loss.

This also means that without this subsidiary, Minmetals development could make a weak profit of nearly 80 million yuan in 2012.

Since 2008, Minmetals Yinggang has been included in the consolidated financial statements of Minmetals development, and its performance has been declining. Only in 2011, it initially made a profit of 80 million yuan in Rizhao Iron and steel trusteeship.

In the first half of 2011, in order to change the loss situation of Minmetals Yinggang, Minmetals development attracted Rizhao Iron and steel, which is well-known in the iron and steel industry, to entrust Yinggang, which is also the foreshadowing of Minmetals development's intention to transfer shares from Minmetals Yinggang to withdraw from its controlling position.

However, in the view of people in the industry, it is difficult to judge whether this initiative, which opened a precedent for private enterprises to trust the subsidiaries of central enterprises, is successful. In 2012, the huge loss reported by Minmetals Yinggang seems to be the amount of loss it has never had since it was incorporated into Minmetals development statement, and also occurred after Rizhao Iron and steel trusteeship.

For the major shareholder of Minmetals development, the trouble caused by Minmetals Yinggang is not only the loss of performance, but also because the staff problem has not been effectively solved, leading to the shelving of the share conversion and restructuring plan.

A senior manager of Minmetals development told the daily economic news that on the issue of Minmetals Yinggang, Minmetals development has fallen into a dilemma: if it does not retreat, it will face the problems of environmental compliance and industry losses; if it withdraws, it will face the restructuring of state-owned enterprises, and the problem of employees can not be solved.

Chinese PinYin : Wu Kuang Guo Ji Xin Tuo You Xian Gong Si