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Established on August1,Shanghai Investment Trust Company serves as a window for external financing to attract foreign investment to support domestic economic construction. 1993 changed its name to Shanghai International Trust and Investment Company, also known as SDIC, and participated in the construction of many major projects in Shanghai, such as nanpu bridge, Yangpu Bridge, Yan 'an Road Tunnel, Hongqiao Airport and Oriental Pearl. After the Asian financial crisis, Shanghai International Group was established on the basis of the original SDIC in 2000. Shanghai International Group holds trust, securities, overseas, asset management and import and export companies. In 200 1 year, with the approval of the People's Bank of China, the first batch was re-registered, and the company was renamed as "Shanghai International Trust and Investment Co., Ltd.", and the number of shareholders increased to 13. The company reorganized its business lines and actively explored financial business. It initiated the establishment of two subsidiaries, namely, Shanghai Morgan Fund Management Company and Shanghai Guoli Money Brokerage Co., Ltd., and obtained a series of financial business qualifications. In July 2007, according to the requirements of the new Trust Regulations and with the approval of China Banking Regulatory Commission, the company changed its name to "Shanghai International Trust Co., Ltd." and issued a new financial license. In 20 10, the company established a new development strategy, launched a brand-new logo, and made it clear that the company was referred to as "Shanghai Trust" for short, and achieved breakthrough development in various businesses, which attracted extensive attention from superior departments, financial peers and public media.