200 1, according to the document number [1999] 1 issued by the Central Committee of the Communist Party of China and [2001] No.2 "Reply on the Restructuring and Reorganization of China Jingu International Trust and Investment Co., Ltd." issued by the All-China Women's Federation, China Bluestar (Group) Corporation (hereinafter referred to as "Bluestar Company").
According to the resolution of the first shareholders' meeting of Jingu Trust in 2004 and the equity transfer agreement between shareholders, the original six shareholders of Jingu Trust, China Huarong Trust and Investment Company, China Great Wall Trust and Investment Company, China Oriental Trust and Investment Company, China Xinda Trust and Investment Company, China People's Insurance (Group) Company and Bank of Communications, transferred 63% of their total shares to Blue Star Company. After the transfer is completed, the shareholders of Jingu Trust are Bluestar Company, All-China Women's Federation and overseas companies, with their respective capital contributions of 63%, 30% and 7%. On September 6th, 2007, the All-China Women's Federation allocated 30% of its equity to China Women's Activity Center (hereinafter referred to as "Women's Activity Center") for free.
In 2006, at the request of SASAC the State Council, Blue Star Company, the controlling shareholder of Jingu Trust, decided to withdraw from Jingu Trust.
According to the resolution of the first shareholders' meeting of Jingu Trust in 2007, China Cinda Asset Management Company (hereinafter referred to as "China Cinda") reorganized Jingu Trust in April 2007. On August 15, 2008, China Cinda acquired 63% equity of Blue Star Company. This equity change was approved by China Banking Regulatory Commission on June 10, 2008, and the industrial and commercial change procedures for equity transfer were completed on June 1 16, 2008.
In 2009, the reorganization of Jingu Trust entered the fast lane. On March 26th, 2009, the shareholders reached a capital increase agreement; In July 2009, the overall restructuring and capital injection were completed, and in August 2009, it successfully passed the on-site inspection by the China Banking Regulatory Commission; On September 1 2009, CBRC officially approved the company's re-registration and issued a new financial license to the company; The annual inspection of industry and commerce and the renewal of business license were successfully completed on September 5, 2009. Jingu Trust was reborn.