Zhongrong Trust is a financial institution focusing on trust business. In recent years, with the continuous adjustment of financial supervision policies and the intensification of market competition, the business development of Zhongrong Trust is facing greater pressure and challenges. Therefore, Zhongzhi Group decided to quit Zhongrong Trust and concentrate on developing other businesses. The process of Zhongzhi Group withdrawing from Zhongrong Trust is gradually advancing. First, Zhongzhi Group transferred all its shares in Zhongrong Trust to Jingwei Textile Machinery.
Jingwei textile machinery is a company controlled by central enterprises. After the acquisition, Zhongrong Trust will become a subsidiary of Jingwei Textile Machinery. After Zhongzhi Group withdraws from Zhongrong Trust, it will hold shares in Jingwei Textile Machinery and become one of its shareholders.
Zhongrong Group introduced:
Zhongrong Holding Group, established in 1992, is a group company integrating real estate, energy, mineral development, financial investment, international exhibition and commercial operation. He is a member of World Trade Center Association, China Federation of Industry and Commerce, China International Chamber of Commerce and China Mining Federation, and also the executive director of China Business Federation and deputy director of China Market Committee. It was rated as "Shanghai Contract-abiding and Credit-keeping Enterprise" and "China Real Estate Enterprise".
Since the establishment of Zhongrong Holding Group 20 years ago, with the concept that "the natural law of urban development is the development direction of Zhongrong", Zhongrong Holding Group has created many dazzling urban architectural works in Shanghai, Hangzhou, Beijing and other places, such as Shanghai Zhongrong Jasper Blue Sky, Zhongrong International Mall, Zhongrong Hengrui International, Hangzhou International Finance Exhibition Center, and Beijing "Chang 'an No.1". Based on the real estate industry, Zhongrong Holding Group has embarked on a diversified and international development path.
Reference to the above content: Baidu Encyclopedia-Zhongrong Group