HWABAO TRUST Named China Excellent Trust Company
OREANDA-NEWS. September 05, 2011. The fourth china excellent trust company election result which is hosted by securities times now is announced. HWABAO TRUST and other 10 companies get "China excellent trust company" awards, reported the press-centre of Baosteel.
It is reported that "China excellent trust company election" has successfully hold 3 times, cover lots of trust companies in china area, market influence continually improve, now has gradually become an important business communication platform for trust personage.. This election has divided into comprehensive award and excellent trust product award, including "china excellent trust company, most investment value trust financial, most growth trust company" etc nine awards. Total attracting 27 domestic trust company to participate in it.. According to statistics, the trust assets total scale which is managed by these 27 trust company at the end of 2010 is over 1.8 trillion yuan, accounts for industry total scale over 60%.
Annual report which is published by HWABAO TRUST in 2010 show that HWABAO TRUST registered capital is in the high level of industry by means of capital increase. By means of covering currency, capital and industry these three areas, use capital management and trust service as main part, the trust capital scale which is managed by HWABAO TRUST at the end of last year is 869.35 hundred million yuan, increased 402.09 hundred million yuan compare to last year, the growing rate reach 86%, make a record high in history. Capital quality keep the high level, reflect a good risk control ability of HWABAO TRUST. HWABAO TRUST take the lead to promote stock index futures and public trust etc new products, receive the agreement and support from supervision department.
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