It is a state-owned enterprise.

Shanghai International Trust Co., Ltd. (referred to as "Shanghai Trust" or "Shangguotou" for short) was established by Shanghai Finance Bureau on 198 1, formerly known as "Shanghai Investment Trust Company", which is one of the earliest trust companies established in China. 2015 1 1 October, Shanghai Pudong Development Bank issued shares to11companies including Shanghai International Group Co., Ltd. to acquire Shanghai Trust. 20 16 10 with the approval of China banking regulatory commission, the company implemented capital increase, and the registered capital increased to 5 billion yuan.

The shareholders of Shanghai Trust are: Shanghai Pudong Development Bank 97.33%, Shanghai Automotive Group Equity Investment Co., Ltd. 2.0% and Shanghai New Huangpu Real Estate Co., Ltd. 0.67%. According to the interim report of 20 19, Shanghai Trust achieved a revenue of 2.235 billion yuan, ranking third in the industry and a net profit of 974 million yuan, ranking sixth in the industry. Relying on the strong shareholder background and strong financial strength of Shanghai Pudong Development Bank, Shanghai Trust has always been in the first echelon of the trust industry.

Shanghai International Trust is a 100% state-owned enterprise, a holding subsidiary of Shanghai International Group and a very important financial holding platform. The address of Shanghai Trust Headquarters is: Shangtou Building,No. Jiujiang Road11,Shanghai, China. As a local trust company in Shanghai, Shanghai Trust has also participated in the construction of several large-scale projects in Shanghai. There are many local landmarks in Shanghai, such as the Oriental Pearl, nanpu bridge, Lupu Bridge and Yan 'an Road Tunnel.

Second, the development history of SDIC

Shanghai Trust is a core member of Shanghai Pudong Development Bank Group. After Shanghai Pudong Development Bank took over, Shanghai trust assets soared from less than 200 billion yuan to 680 billion yuan. Among them, 30% of Shanghai Trust's asset management scale is cooperative business with Shanghai Pudong Development Bank, and its products are mostly cash and stock products, mostly net worth products.

For example, as the first trust monetary fund in China, the trust plan of cash-enriched series collective funds has reached 365,438+0 as of February, and the total cash-enriched scale is 40,395,438+0,504,38+0,876,438+00 yuan. Exchange bonds and bank deposits are the main investment directions, and short-term and high liquidity are the investment highlights to attract investors. As a fund pool product, there are also two sides: scattered investment and risk, and unclear penetration of underlying assets. Shanghai Trust, which has long docked the assets of Shanghai Pudong Development Bank, also has strong characteristics of banking trust products, and its overall income is low.

Shanghai Trust's products are rarely used externally, and mainly cooperate with internal customers and banks, which are deeply loved by local customers in Shanghai. As can be seen from the case of breach of contract, the risk control level of Shanghai Trust is not very strict. Investors should carefully choose high-quality assets and don't blindly fall in love with trust companies.