Overseas Chinese Trust is a state-owned enterprise, while Huaxin Fund is not a state-owned enterprise.

Overseas Chinese Trust is an enterprise owned by Guangdong Province and has become a state-owned financial enterprise since 1980.

In 1990, it was approved by the People's Bank of China and the State Administration of Foreign Exchange as a non-bank financial institution operating financial and foreign exchange businesses, and was renamed Guangdong Overseas Chinese Trust and Investment Company. Its main business is trust deposits and loans.

Huaxin (Beijing) Investment Fund Co., Ltd. (a sole proprietorship of a legal person invested or controlled by a natural person) is a private investment management enterprise.

It was registered and established in Beijing Administration for Industry and Commerce on March 11, 2014.

The legal representative is Zhu Huosheng. The company’s business scope includes non-securities business investments.