National Trust ranks low among trust companies, with tight liquidity and high risks. However, Xiao Ying, the current chairman, has rich experience in supervision and practice of financial institutions, and the future of National Trust is unknown.
The predecessor of National Trust is China People's Construction Bank Zhejiang Trust and Investment Company, which was established in 1987. After that, it went through restructuring, relocation and renaming, and finally changed its name in 2007, and the actual controller changed many times. As an old trust company, National Trust has experienced the golden age of trust industry, but its strength is always average, its operation is tepid, and its asset scale has been relatively low in the industry for many years. It is worth mentioning that the National Trust changed hands within one year, which led to its application for capital increase and share expansion being rejected by the regulatory authorities.