What are the business scopes of trust companies in China?

As a real domestic financial institution engaged in entrusted wealth management business, trust and investment companies have successfully achieved strict separate operation and management of trust industry, banking industry and securities industry in accordance with the requirements of separate operation of national financial supervision departments.

According to the Measures for the Administration of Trust and Investment Companies, trust and investment companies can engage in the following businesses:

1, entrusted to operate the fund trust business, that is, the trustor entrusts the legally owned funds to the trust and investment company for management, use and disposal according to the agreed conditions and purposes;

2. Trust of movable property, real estate and other property, that is, the client entrusts the trust and investment company with its own movable property, real estate and intellectual property to manage, use and dispose of it according to the agreed conditions and purposes;

3. Entrusted to engage in investment fund business permitted by laws and administrative regulations, and engaged in investment fund business as the promoter of investment funds or fund management companies;

4. Operating intermediary businesses such as asset restructuring, mergers and acquisitions, project financing, corporate wealth management and financial consultancy;

5. Entrusted to underwrite government bonds, policy bank bonds, corporate bonds and other bonds approved by relevant departments of the State Council;

6. Management, use and disposal of agency property;

7. Custody business;

8, credit witness, credit investigation and economic consulting business;

(nine) using its own funds through bank deposits, interbank lending, financial leasing, loans or investments;

10, providing guarantee for others with inherent property;

1 1, for interbank borrowing;

12. Other businesses approved by the financial department.

Ping An Bank sells different trust products to meet customers' investment needs. For details, please visit Ping An Pocket Bank APP- Home-More-Investment and Financial Management-Private Equity, or consult the exclusive financial manager.

Reminder: The above explanation is for reference only. As the recommendation institution of the trust plan, the Bank only undertakes the responsibility of recommending business and does not undertake the investment risk of the trust plan.

It is recommended that you know the basic information such as capital investment and risk types of wealth management products in detail before buying, and decide to buy wealth management products that match your risk tolerance and asset management needs.

Response time: 2021-1-11. Please refer to the latest business changes announced by Ping An Bank in official website.