[Summary] Trust for All, Capital for the People
CITIC Trust Co., Ltd. is a national non-bank financial institution primarily engaged in trust business, and is a trust company with leading asset management scale and comprehensive strength. In 2009, it was elected as the chairman (director) unit of the China Trust Industry Association, and was re-elected in 2012.
CITIC Group was founded in 1979 by Mr. Rong Yiren, former Vice President of China, and CITIC Trust is a systemically important member enterprise under CITIC Group. The company's registered capital is RMB 10 billion (including USD 23 million in foreign exchange), with shareholders being CITIC China Holdings Limited and CITIC Xingye Investment Group Co., Ltd.
Adhering to the business philosophy of "borderless service, barrier-free operation," the company actively explores the development laws of trust companies under the conditions of the socialist market economy. Following the principle of "financial inclusion, capital for the people," and relying on its continuously enhanced knowledge integration and innovation capabilities, significantly improved asset management capabilities, and prudent and stable risk management capabilities, it provides creative comprehensive financial solutions for enterprises and customers. In line with the new national industrial orientation, it launches trust products covering infrastructure construction, modern manufacturing, industrial and commercial enterprises, environmental protection industries, agriculture, rural areas and farmers, western development, and cultural industries, actively serving the development of the real economy and allowing investors to share the fruits of China's economic development.
Thanks to its outstanding comprehensive strength and remarkable business performance, the company has been awarded the "National Financial May Day Labor Award," and several employees have received the "National Financial May Day Labor Medal." In terms of product innovation, brand value, and social responsibility, many organizations and institutions, including Financial Times, China Securities Journal, Shanghai Securities News, 21st Century Business Herald, China Times, Financial Media, Chinese Academy of Social Sciences, Tsinghua University, and Peking University, have conferred multiple honors on the company.
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