Is COFCO Trust a State-owned Enterprise or a Central Enterprise?

COFCO Trust is a state-owned enterprise.

The full name of COFCO Trust is COFCO Trust Co., Ltd., and its registered address is at Unit 302-03, Floor 3, Block B, Building No.20 10, Chaoyangmen South Street, Chaoyang District, Beijing. In 2022, it was rated as an A-level taxpayer, and it was approved by CBRC in 2009. It is a financial institution supervised by China Banking Regulatory Commission and Beijing Banking Regulatory Bureau, relying on COFCO. COFCO Trust maintained steady operation and rapid development. We are actively exploring new modes of integration of industry and finance and agricultural financial innovation, adhering to the characteristics of agriculture and industry, and gradually becoming a rising star in the trust industry.

Memorabilia of COFCO Trust Development

1.In 2007, COFCO signed the Framework Agreement on Restructuring of Islamic International Trust and Investment Co., Ltd. with the Risk Disposal Office of Credit Suisse of Ningxia Hui Autonomous Region Government and Credit Suisse * *, which started the process of restructuring Credit Suisse by COFCO.

2. In 2009, CBRC approved COFCO to set up a trust company after CreditEase's bankruptcy and reorganization.

3. In June 2009, COFCO Trust successfully passed the on-site inspection before the opening of the CBRC. In July of the same year, China Banking Regulatory Commission approved the opening of COFCO Trust and issued a financial license. On July 27th, the State Administration for Industry and Commerce approved the establishment of COFCO Trust and issued the business license of enterprise legal person.

4.20 12 successfully introduced the strategic investor Bank of Montreal. Therefore, the shareholder structure is adjusted to 72.009% for COFCO, 65,438+09.99% for Bank of Montreal, 4.0005% for COFCO Finance Co., Ltd. and 4.0005% for COFCO Cereals and Oils Co., Ltd. ..

COFCO Trust adheres to the business philosophy of customer first and has established a complete risk management control system. Based on this, it takes high-quality talents as the fulcrum, innovative services as the means, adheres to the sunny, innovative, pragmatic and steady development path, devotes itself to maximizing the value of customers, shareholders and employees, and dedicates excellent financial services. Based on the industry and advantages of COFCO, we can give full play to the advantages of the trust system, cultivate differentiated asset management capabilities and achieve industrial success.

abstract

COFCO Trust has been adhering to the core values and business philosophy of professionalism, efficiency, sunshine, value, loyalty, kindness, trust and entrustment, and has core competitiveness such as professional wealth management ability, risk management and control ability, and service ability of the whole agricultural industry chain. With the mission of serving the real economy, helping the rich spring breeze and moistening things quietly, we are committed to building a leading asset management and wealth management platform with industry characteristics and industry reputation.