China Overseas Trust Co., Ltd., founded in 1997, is a state-owned non-bank financial institution specializing in trust and wealth management services for investors and providing safe and reliable financial services for investors
China Shipping Trust Co., Ltd. (hereinafter referred to as "China Shipping Trust" or the "Company") is a state-owned non-bank financial institution jointly invested and established by China National Offshore Oil Corporation (CNOOC) and CITIC Limited (hereinafter referred to as "CITIC Limited"), and is one of the trust companies that completed the renewal of its license earlier in accordance with the provisions of the "New Two Regulations" of the trust industry, with China National Offshore Oil Corporation and CITIC Limited accounting for 95% and 5% respectively. After the same proportion of capital increase and share expansion in 2011, the registered capital of the company is 2.5 billion yuan.
Adhering to the business philosophy of "integrity and stability, loyalty and trust", China Shipping Trust adheres to the low-risk development path of "risk control first", and has continuously improved its asset management capabilities after years of exploration and practice. In 2015, the balance of trust assets managed by China Shipping Trust was RMB411.693 billion, with a cumulative total of RMB829.793 billion in assets under management, an operating income of RMB1.590 billion, a total profit of RMB1.304 billion, and a per capita net profit of RMB8.2019 million. Over the years, the company has not had any trust projects that cannot be paid on time and damage the interests of beneficiaries, and has maintained zero new non-performing assets for 12 consecutive years.
While the business continues to develop steadily, the company has established a good social image with its steady operation and professional financial management capabilities, highlighting its differentiated competitive advantages and consolidating the brand and influence of China Shipping Trust in the industry and society. In the "Integrity Trust" selection activity sponsored by Shanghai Securities News, the company has won awards such as "Integrity Trust - Excellent Company" for many years; In the "China Excellent Trust Company Selection" sponsored by Securities Times, the company has won awards such as "Excellent Trust Company" and "Best Risk Management Trust Company"; In the selection of the top 100 enterprises with outstanding contributions to the economic development of Huangpu District, Shanghai, the company has won the honorary title for many years, ranking in the forefront.
With the rapid development of the trust industry, China Shipping Trust will always adhere to the business philosophy of risk control first, compliance and stability, continue to improve its asset management capabilities, build and improve the risk control system, maintain a healthy, stable and sustainable development trend, provide investors with safe and reliable financial services, and build a trust and wealth management platform that can be trusted by the trustor.
