YINGDA INTERNATIONAL TRUST CO.LTD

Yingda International Trust Co., Ltd

Yingda International Trust Co., Ltd. (hereinafter referred to as "Yingda trust" or "the company") was established in March 1987. At present, the registered capital is RMB 3.022 billion, and there are six shareholders including State Grid Yingda International Holding Group Co., Ltd. and China Power Finance Co., Ltd. In order to meet the needs of development, the registered place of the company was moved from Jinan to Beijing in June 2010.

Company profile

Yingda International Trust Co., Ltd. (hereinafter referred to as "Yingda trust" or "the company") was established in March 1987. At present, the registered capital is RMB 3.022 billion, and there are six shareholders including State Grid Yingda International Holding Group Co., Ltd. and China Power Finance Co., Ltd. In order to meet the needs of development, the registered place of the company was moved from Jinan to Beijing in June 2010, becoming a trust company directly supervised by the CBRC.
Over the past 20 years, with the strong support and concern of all sectors of the society, the company has formed a pragmatic and steady business style with the principle of maximizing the interests of the beneficiaries, adhering to the business philosophy of "honesty based, managing money according to law", strengthening management internally and shaping image externally. All businesses have grown steadily and the comprehensive strength has been significantly enhanced. Permitted business items: business operations approved by the China Banking Regulatory Commission in accordance with relevant laws, administrative regulations and other provisions. The business scope shall be subject to those listed in the approval documents. General business items: none.

Leading members

Wang Jianbo, chairman and party secretary of Yingda International Trust Co., Ltd.; Zhang Chuanliang, general manager and deputy party secretary of Yingda International Trust Co., Ltd.; Liu Weidong, deputy general manager and Party member of Yingda International Trust Co., Ltd.; Wang Yingxin, deputy general manager and Party member of Yingda International Trust Co., Ltd.; chief accountant and Party member of Yingda International Trust Co., Ltd Member Zhou Fengshou, discipline inspection group leader, trade union chairman and Party member Cai Wei of Yingda International Trust Co., Ltd

Composition of shareholders

Historical evolution

In May 1987, Jinan International Trust and investment company, the predecessor of Yingda trust, was established in Jinan. In November 1997, Shandong Electric Power Group reorganized the company and became the largest shareholder. The company was renamed "Jinan Yingda International Trust and investment company". in May 2006, the State Grid Corporation of China increased its capital and shares to become the largest shareholder of the company, with the registered capital increasing from 500 million yuan to 1.5 billion yuan, ranking eighth in the industry. in September 2007, the company was granted a new financial license and its name was changed to "Yingda International Trust Co., Ltd.". in August 2009, the company settled in Yingda International Building and moved its management headquarters to Beijing. in September 2009, the equity held by State Grid Corporation of China was transferred to State Grid asset management company (now state grid Yingda International Holding Group Co., Ltd.). in April 2010, the registered place of the company moved to Beijing, becoming the seventh trust company directly supervised by the CBRC. in April 2011, the company was elected as chairman of the board of supervisors of China Trust Industry Association at the Sixth General Meeting of the second session of China Trust Industry Association. in August 2012, Yingda Fund Management Co., Ltd., established by the company as the main sponsor, officially opened for operation. in December 2012, the company completed the capital increase and share expansion, and the registered capital increased from 1.5 billion yuan to 1.822 billion yuan. in August 2015, the registered capital of the company increased to RMB 3.022 billion.

Nature of Business

With the approval of China Banking Regulatory Commission (hereinafter referred to as CBRC), the company's business scope covers part or all of the following domestic and foreign currency business: (1) capital trust; (2) movable property trust; (3) real estate trust; (4) securities trust; (5) other property or property rights trust; (6) as investment fund or fund management company The promoters of the company are engaged in investment fund business; (7) business of reorganization, merger and acquisition of enterprise assets, project financing, corporate finance, financial consulting, etc.; (8) entrusted business of securities underwriting approved by the relevant departments of the State Council; (9) business of intermediary, consultation, credit investigation, etc.; (10) business of custody and safe deposit box on behalf of the company; and (11) business of deposit with peers (12) to provide guarantee for others with inherent property; (13) to engage in inter-bank lending; (14) other businesses prescribed by laws and regulations or approved by China Banking Regulatory Commission.

Trust business

Fund trust business

Loan trust business

loan trust refers to a financial business in which the trustee accepts the entrustment of the trustor, issues the loan according to the object, purpose, term, interest rate and amount specified in the trustor (or trust plan), and is responsible for recovering the principal and interest of the loan when it matures. The trustor has full autonomy in the object and use of the loan. At the same time, it can make use of the advantages of the trust company in the enterprise credit and capital management to increase the safety of funds and improve the efficiency of the use of funds.

Equity trust business

equity investment trust refers to the equity investment that a natural person, legal person or other organization established in accordance with the law (i.e. the trustee) entrusts its funds or property to the trustee based on the trust in the trust company (i.e. the trustee), and the trustee makes equity investment in the project company in his own name according to the principle of maximizing the interests of the beneficiary and the wishes of the trustor. equity trust business mainly includes equity investment trust, management buyout trust, employee stock ownership trust, etc.

Securities investment trust business

securities investment fund trust refers to the trust company acting as the trustee, accepting the entrustment of the trustor, investing the trust funds delivered by the trustor in the listed securities (including IPO of new shares), open-end funds, treasury bonds, central bank bills and other products that can be circulated in the securities trading market according to the will of the trustor and for the benefit of the beneficiary It is a kind of trust product that can obtain income for the beneficiary.

Financial leasing trust

financial leasing fund trust business refers to that the trust company, as the trustee, accepts the trust fund delivered by the trustor, purchases the lease object from the supplier and provides it to the lessee according to the will of the trustor, for the benefit of the beneficiary and the selection of the supplier and the lease object by the lessee, and all risks related to the lease object are borne by the lessee and collected from the lessee Rent collection business. portfolio investment trust business portfolio investment trust business refers to the trust products in which the trust funds are combined and used in the form of loans, equity, securities, etc. according to different investment proportions.

Property trust business

Property trust business refers to the business in which the trustor delivers his legally owned property or property rights (including all kinds of movable property, real estate and other rights and interests) to the trust company to set up a trust, and the trust company acts as the trustee to manage, use and dispose of the trust according to the trustor's will, for the benefit of the beneficiary and the trust documents.

Asset Trust

asset trust refers to the business in which the trustor delivers all kinds of movable and immovable properties (such as houses, machinery and equipment, etc.) legally owned by the trustor to the trust company to set up a trust, and the trust company acts as the trustee to manage, use and dispose of the trust according to the trustor's will, for the benefit of the beneficiary and the trust documents.

Securities Trust

securities trust business refers to the business in which the trustor delivers the legally owned stocks, treasury bonds and other securities to the trust company to set up a trust, and the trust company acts as the trustee to manage, use and dispose of them according to the trustor's will, for the benefit of the beneficiary and the trust documents.

Equity trust

equity trust business refers to the trust in which the trustor delivers his legally owned equity to the trust company to set up the trust, and the trust company acts as the trustee to exercise the equity rights and perform the shareholders' obligations according to the trust documents for the benefit of the beneficiary according to the will of the trustor.

voting trust

The voting right trust is also called business management trust. It refers to the trust in which the company's shareholders transfer their voting right formed by holding the company's shares to the trustee as trust property according to the trust contract signed between them and the trustee (trust institution). The trustee centrally exercises the agreed rights and controls the management company through the election of directors or other methods.

charitable trust

Public trust is a kind of trust established for the purpose of promoting the public interest by taking the public welfare fund raised or donated by groups or individuals as the trust property. The management of public welfare funds by way of trust helps to improve the management mechanism of various public welfare funds, ensure that the use of the fund achieves its intended public welfare purpose, reduce the operation cost of the fund, and improve the use efficiency of the fund.

Innovative trust

Quasi asset securitization trust business

Quasi asset securitization trust is a kind of fund trust that invests trust funds in various assets with the characteristics of asset securitization that can bring stable cash flow. the bank credit asset transfer trust is a quasi asset securitization trust product, that is, the trust company raises funds by issuing trust plans, uses the trust funds to purchase the credit assets of commercial banks, and then the bank repurchases them at maturity (or establishes hierarchical beneficial rights) to ensure the safety of the trust funds. In fact, it is guaranteed by bank credit with high security. At the same time, it can cooperate with banks to adjust their deposit loan ratio, asset maturity matching, and stabilize and attract customers. equity investment trust refers to that the trust company, as the trustee, accepts the trust funds delivered by the trustor and transfers the trust funds according to the will of the trustor for the benefit of the beneficiary