Is Minmetals Trust a Central Enterprise?

Yes Minmetals International Trust Co., Ltd. is a non-bank financial institution specialized in trust business under China Minmetals Group Co., Ltd., and China Minmetals Group Co., Ltd. is one of the central enterprises approved by the State-owned Assets Supervision and Administration Commission of the State Council with its main business in finance. Minmetals International Trust Co., Ltd. is a non-bank financial institution specialized in trust business under China Minmetals Group Co., Ltd., which was established on October 8, 2010 with the approval of the Insurance Regulatory Commission of the Bank of China and on the basis of the judicial reorganization of the former Qingtai Trust and Investment Co., Ltd., with its registered place in Xining City, Qinghai Province, its management headquarters in Beijing and its registered capital of 138.