A few days ago, in the third general meeting of China Trust Industry Association, Hwabao Trust is elected vice president unit of China Trust Industry Association. This means that Hwabao Trust is growing fast and has a rising position in the trust industry.
China Trust Industry Association was founded in May 2005. It is a national non-profit social organization approved by China Banking Regulatory Commission and the Ministry of Civil Affairs and is China Trust Industry Association self-regulatory organization. It accepts China Banking Regulatory Commission operational guidance and supervision and management. It now consists of 67 member units.
Since its inception, relying on the support of the company's major shareholder Baosteel Group, Hwabao Trust adheres to "maximize the interests of the beneficiaries" business philosophy, regards specialization and differentiation development as the basic strategy, continues to strengthen capacity building, channel development and brand building, makes efforts to develop new products and is well received in trust industry peers and customers. Since last year, Hwabao Trust has won the sixth "Trustful Trust Company" outstanding company award, China Outstanding Trust Company Award and "Annual Outstanding Financial Management Team", with performance retaining position in the forefront of the industry.