AVIC Trust is not a state-owned enterprise, but a company controlled by central enterprises. It was co-founded by China Aviation Industry Corporation Limited, a large central enterprise, and OCBC Singapore, an overseas investor, and is an important member of AVIC Capital Holdings Limited. The full name of AVIC Trust is AVIC Trust Co., Ltd., which was re-registered and officially opened in February 2009. It is a joint-stock non-bank financial institution approved by China Banking Regulatory Commission and a foreign-invested enterprise approved by China Ministry of Commerce. 201012 changed its name and moved to a new address at the end of February, and its registered place was Nanchang City, Jiangxi Province. AVIC Trust Co., Ltd. covers private investment banking, asset management and wealth management. It has set up 32 business teams and nearly 30 wealth centers in 22 large and medium-sized cities across the country. From 2065438 to 2008, with the trust business income of 2.932 billion yuan, AVIC Trust ranked third among 68 trust companies in China, and its main business indicators were in the first development echelon of the industry. The largest shareholder of AVIC Trust is AVIC Investment Holdings Limited, and China Aviation Industry Corporation Limited is the controlling shareholder of AVIC Capital Holdings Limited. AVIC investment holding co., ltd is the first listed financial holding company in China, which has jurisdiction over trust companies, securities companies, finance companies, leasing companies, futures companies, insurance companies and industrial funds.
The content of this article comes from: China Law Publishing House "The All-knowing Series of Common Sense of Legal Life".