What is the nature of Suzhou Trust? Is it a state-owned enterprise?

The new shareholding structure of Suzhou Trust is: Suzhou International Development Group Co., Ltd. holds 70.0 1%, Royal Bank of Scotland Public Limited holds 19.99% and Legend Holdings Limited holds 10%. Suzhou International Development Group Co., Ltd. was established in August 1995 and authorized by the provincial and municipal governments to operate state-owned assets. In 2003, it was reorganized into a state-owned holding group company focusing on finance.

In accordance with the requirements of modern enterprise system, the company has set up a board of directors, a board of supervisors and a shareholders' meeting. Since its establishment, the company has maintained steady operation and steady development in equity investment management and achieved good economic benefits. By the end of 2005, Guofa Group had total assets of 2.784 billion yuan and long-term equity investment of 65.438+33.7 billion yuan.

The wholly-owned companies of Guofa Group include Suzhou Cai Ying Investment Group Company and Panmen Tourism Development Company, holding Suzhou Commercial Bank, soochow securities Co., Ltd., Suzhou Trust and Investment Co., Ltd., Suzhou Guofa SME Guarantee Investment Co., Ltd., Suzhou House Property Guarantee Co., Ltd., Zongheng International Electronic Expo City (Suzhou) Co., Ltd., Suzhou Guofa Weir Energy Saving Investment Co., Ltd. and Suzhou Guofa Annong Management Co., Ltd., and holding Suzhou Urban Construction and Development Co., Ltd. and Sujiahang Expressway Co., Ltd.