China Net Finance, December 13 (Reporter Yanshan Lukai) Recently, Zhongyuan Trust announced that it has completed the capital increase and completed the change of relevant industrial and commercial information.
On December 11, Zhongyuan Trust issued the "Announcement on Increasing the Registered Capital", stating that the company's registered capital increased from 4 billion yuan to 46 after being deliberated and approved by the fifth meeting of its shareholders' meeting in 2023 and approved by the Henan Supervision Bureau of the State Financial Supervision and Administration Administration808968 billion yuan. In addition, Zhongyuan Trust has gone through the change of industrial and commercial registration and the filing of the Articles of Association on the same day.
Zhongyuan Trust said that this capital increase reflects the confidence of shareholders in the future development of Zhongyuan Trust. After the completion of the capital increase, the capital strength of Zhongyuan Trust will be significantly improved, the capital reserve will be further increased, and various business development will continue to be empowered. Regarding the capital increase, Zhongyuan Trust did not clearly reply to reporters.
In recent years, many trust companies have increased their capital or introduced strategic investors. "The capital increase of the trust company can enhance the capital strength, and then ensure the implementation of the company's strategic transformation and business adjustment. Yu Zhi, a researcher at the usufruct trust, told reporters.
Braim Trust Research and Development Center has said in relevant research reports that the pressure on trust companies to increase capital is mainly in three aspects: "regulatory pressure, risk prevention and control pressure, and business transformation pressure". The net assets and net capital of a trust company will directly affect the scale of trust assets and inherent business scale that it can manage, which in turn will affect the income and profit of the trust company. The capital increase of the trust company is conducive to consolidating its capital strength, improving its ability to resist risks, alleviating liquidity risks, and benefiting the long-term performance growth of the trust company.
According to the data released by the interbank market, in the first half of this year, Zhongyuan Trust achieved revenue of 33.5 billion yuan, down 865%；Achieved a net profit of 15.3 billion yuan, down 680%；Among them, in the first half of the year, the investment income of Zhongyuan Trust fell significantly, with a decline of 134 times, 1615040,000 yuan loss. At the end of the period, Centaline Trust recorded total assets of 935.8 billion yuan, down 434%。As for the reasons for the decline in performance, the reporter also failed to get a reply from Zhongyuan Trust.
It is worth noting that in March this year, Cao Weidong was approved as the chairman of Zhongyuan Trust. The Henan Banking and Insurance Regulatory Bureau announced the relevant approval, agreeing to Cao Weidong as the chairman of Zhongyuan Trust. Prior to that, Cao Weidong worked in the banking system for more than 30 years, serving as the president of the Pingdingshan Branch of the Industrial and Commercial Bank of China for nearly two years, and also served as the general manager of the corporate finance business department of the Henan branch of the Industrial and Commercial Bank of China.
Now, with the completion of the relevant capital increase of Zhongyuan Trust, the relevant person in charge of Zhongyuan Trust said that in the future, Zhongyuan Trust will accelerate the pace of business transformation and actively expand the business scope of asset service trust in accordance with the requirements of the "three classifications" reform of trust. Coordinate various businesses to carry out around the overall situation of serving economic and social development, and contribute to the practice of Chinese-style modernization in Henan. For the future development of Zhongyuan Trust, China Net Finance will continue to pay attention.