Is National Trust a State-owned Enterprise?

National Trust is not a state-owned enterprise, but refers to National Trust Company Limited, whose predecessor is China People's Construction Bank Zhejiang Trust and Investment Company. It was established as early as 1987, and moved to Beijing with the approval of CBRC in 2004. It is now located atNo. 1 andNo. 18, Binhe Road, Anwai, Dongcheng District. At present, it is one of 68 "licensed" trust companies in China. In 2007, it has obtained the financial license approved by Beijing Banking Regulatory Bureau.

I. Overview

The company has set up six professional divisions, including securities, service trust, real estate and inclusive finance. In China, there are five regional business units in charge of trust work, including East China, South China and West China, and a separate Beijing regional business unit has been established.

After the opening of the Fortune Sub-center, its business has spread all over the country, and Shanghai and Shenzhen have become major development cities, covering real estate, securities investment, infrastructure construction and other aspects.

With the joint efforts of many parties, by the end of 2023, the scale of trust assets under management was 249.509 billion yuan, with total assets of 4.864 billion yuan. In 2023, the operating income was 929 million yuan, the net profit was 383 million yuan, the rate of non-performing assets was zero, and the asset quality was excellent, which has achieved good results.

Second, the development vision

Focusing on national macro policies and regulatory requirements, aiming at serving the real economy, we will meet customer needs through innovation and transformation. Based on the advantages of asset management, wealth management and service trust, we will set foot in more investment fields, actively innovate business development models, introduce new talents, and establish a competitive and cohesive workforce.

Third, business introduction

Mainly based on fund trust, chattel trust, real estate trust and securities trust, it can provide consulting services such as enterprise assets reorganization, merger and acquisition, project financing, enterprise wealth management, financial consultancy, etc., so as to store inherent property in inter-bank, loan trade, loan, lease and investment, and can also provide guarantee for others with inherent property.