Trust company's capital increase!
According to incomplete statistics from China Securities Journal and Taurus reporters, since this year, at least 10 trust companies have completed or continued to promote capital increase, with a total amount exceeding 10 billion yuan.
"The capital increase of trust companies can enhance capital strength, thereby ensuring the implementation of company strategic transformation and business adjustments." Yu Zhi, a researcher at Yongyi Trust, said.
Industry insiders analyzed that overall, trust industry has entered the stage of transformation and development, and service trusts, standard product trusts, etc. are the direction of future development, and differentiated development will become the industry trend.
capital increase continues to promote
According to incomplete statistics from reporters, since this year, many trust companies have completed or are promoting capital increase, with a total new registered capital of over 10 billion yuan.
A few days ago, Lujiazui Trust issued an announcement stating that the company's capital increase has completed the registration procedures for industrial and commercial change. According to the announcement, Lujiazui Trust increased its registered capital by 1.4 billion yuan based on undistributed profits. After the capital increase, the company's registered capital increased from RMB 9 billion to RMB 10.4 billion, and the proportion of capital contribution of the company's shareholders remained unchanged.
This round of capital increase is the fourth time Lujiazui Trust has increased its capital since 2020. It is worth mentioning that the 2022 key work plan of the Local Financial Supervision and Administration Bureau of Laoshan District, Qingdao City, announced in December last year pointed out that it will actively promote the capital increase of Lujiazui Trust to 20 billion yuan.
In addition to Lujiazui Trust, many companies have previously completed capital increase. Including the registered capital of Xiamen Trust increased from 3.75 billion yuan to 4.16 billion yuan; the registered capital of Zhejiang Shang Jinhui Trust increased to 2.88 billion yuan; the registered capital of Zhongcheng Trust increased from 2.457 billion yuan to 4.85 billion yuan; the registered capital of Guotong Trust increased to 4.158 billion yuan, and the shareholding ratio of Wuhan Financial Holdings (Group) Co., Ltd. increased to 75%.
Several other trust companies have disclosed capital increase plans. Information disclosed by the Heilongjiang Banking and Insurance Regulatory Bureau in July showed that the shareholders of Zhongrong Trust approved to increase their capital by 2.668 billion yuan according to the original shareholding ratio with undistributed profits, and the registered capital became 14.668 billion yuan; in May, Shaanxi Guotou issued an announcement stating that the company's private placement of no more than 1.189 billion new shares were approved by the China Securities Regulatory Commission.
differentiated development will become an industry trend
"After the capital increase of trust companies will bring about improvements in their financial strength, and thus gain recognition from more investors, and have business advantages. The industry Matthew effect will be more significant." Yu Zhi told reporters that this will also bring about differentiation in operations, and then conduct professional and differentiated competition.
Differentiated development is expected to become a development trend of the trust industry. Zeng Gang, director of the Shanghai Financial and Development Laboratory, believes that the transformation and development stage puts higher requirements on the professional capabilities and comprehensive service capabilities of trust companies, and the market capacity of new businesses is limited, making it difficult to support all trust companies to enter this field. Therefore, differentiated development is not only a direction for supervision to encourage, but also a choice that trust companies have to face.
Data disclosed by the China Trust Industry Association recently showed that from the investment structure of fund trust , the investment scale of the securities market has increased rapidly, with the scale of stocks, funds and bonds increasing by 18.35 billion yuan, 14.569 billion yuan and 319.3 billion yuan respectively compared with the end of the first quarter, respectively, and the proportion has increased to 4.52%, 1.99% and 19.7%, respectively. The transformation of investment in the trust industry standard products is accelerating.
In practice, with the deepening of the transformation of the trust industry, many trust companies are also striving to seek differentiated development, and many "first orders" were launched recently. China Foreign Economic and Trade Trust Co., Ltd. "Rural Revitalization No. 1 Spark Charity Trust" has been registered recently. The trust is also the first "charitable trust established in the form of collective trust " in the trust industry; in addition, Shandong International Trust recently successfully issued the "Carbon Neutral Carbon Asset Investment Collective Fund Trust Plan", marking the official implementation of the first green-certified CCER carbon asset income rights green trust in China.
Edited by: Zhang Jing
