Zhongrong International Trust Co., Ltd., founded in 1987, is a comprehensive financial service provider integrating private equity investment banking, asset management and wealth management, and a large-scale financial enterprise in China

Zhongrong International Trust Co., Ltd. completed the rectification task and submitted an application for re-registration in accordance with the requirements of the People's Bank of China's Notice on Further Improving the Rectification of Trust and Investment Companies (Yin Fa [2000] No. 389).

In May 2002, the People's Bank of China issued the Reply on Matters Concerning the Re-registration of Harbin International Trust and Investment Company (Yinfu [2002] No. 139), allowing the company to re-register and approve the change of name to Zhongrong International Trust and Investment Co., Ltd.

In June 2002, the company obtained the "Business License for Enterprise Legal Person" issued by the Harbin Administration for Industry and Commerce, with a registered capital of 325 million yuan, of which Zhongzhi Enterprise Group Co., Ltd. invested 120 million yuan, with a capital contribution ratio of 36.92%; Harbin State-owned Assets Management Commission invested 80 million yuan, with a capital contribution ratio of 24.61%; Heilongjiang Mudanjiang New Material Technology Co., Ltd. invested 50 million yuan, with a capital contribution ratio of 15.385%; Haci Co., Ltd. invested 50 million yuan, with a capital contribution ratio of 15.385%; Harbin Hongda Construction and Development Co., Ltd. invested 25 million yuan, with a shareholding ratio of 7.69%.

In April 2004, Haci Co., Ltd. transferred its 15.39% equity interest in Zhongrong Trust to Zhongzhi Group; After the transfer, Zhongzhi Group invested 170 million yuan, holding 52.31% of the shares.

In February 2006, the shares of Zhongrong Trust held by the Harbin State-owned Assets Management Commission were changed to be held by the Harbin Economic Development and Investment Corporation on behalf of the Harbin Municipal Finance Bureau.

On October 8, 2007, the company changed its name to Zhongrong International Trust Co., Ltd.

In March 2009, Harbin Hongda Construction and Development Co., Ltd. transferred its 7.69% equity interest in Zhongrong Trust to Dalian Xinxing Real Estate Development Group Co., Ltd.

In August 2009, Heilongjiang Mudanjiang New Material Technology Co., Ltd. transferred its 15.385% equity interest in Zhongrong Trust to Zhongzhi Group; After the transfer, Zhongzhi Group invested 220 million yuan, with a capital contribution ratio of 67.69%.

In March 2009, the national enterprise legal person business license was upgraded and obtained the "Enterprise Legal Person Business License" issued by the Harbin Administration for Industry and Commerce, with a registered capital of 325 million yuan.

In December 2009, Jingwei Textile Machinery (stock code: 000666) acquired 36% of the shares of Zhongrong International Trust at a transaction price of 1.2 billion yuan, becoming the largest shareholder of Zhongrong International Trust.

For more than 20 years, Zhongrong Trust has always been committed to improving its comprehensive asset management capabilities, and has accumulated rich experience in the fields of money market, capital market, financial derivatives, real estate investment, and venture capital. In recent years, the rapid development of bank-trust cooperation, private equity investment, securities investment, real estate investment and other businesses has opened up a wide range of space for wealth management for high-end customers.