Recently the “China Trust Industry Development Summit 2016” cum the Ninth Session of Award Ceremony of China Excellent Trust Company Appraisal was held in Shanghai. IB Trust, a shareholding subsidiary of IB, delivered outstanding performance in business income, scale of asset management, net profit and return on investment by dint of prudent operation ability and excellent innovation ability. It stood out from 45 candidates and got “Excellent Trust Company in China” again after winning this award in 2012, 2013 and 2014. Meanwhile, “IB Trust • Guangsha Property Right Trust No.1” gained “Excellent Innovative Trust Plan”.
“China Excellent Trust Company Appraisal”, sponsored by Securities Times, has gone through nine sessions. Covering a majority of trust companies in China, it is one of the influential appraisals in terms of trust. Result of the appraisal is achieved by combining rigid professional appraisal index, experts audit and vote via Wechat.
In recent years, IB Trust actively deals with the context of overlap of Five Periods, perseveres in cultivating ability of active management, continues to strengthen business transformation and innovation, and consolidates risk management and basis of internal control. As a result, it delivers good performance and gains a higher status in the industry. As of the end of March 2016, consolidated assets have reached 15.821 billion yuan in total and the amount of assets under management has reached 964.501 billion yuan. All of the main operation indexes continue to be in the forefront of the trust industry nationwide. According to China Trust Companies List 2015 released by Ciweek in April 2016, IB Trust gained a comprehensive score of 92.73, ranking second among 50 trust companies.
“IB Trust• Guangsha Property Right Trust No.1” products that gained “Excellent Innovative Trust Plan” are the first batch of provident fund asset securitization products. These products set up property right trust through private asset securitization mode, make conducive innovation in activating the stock of asset securitization of provident fund debt and lay the foundation for penetrating into the stock market of trillions of provident fund debt. Apart from launching innovative provident fund asset securitization products, IB also makes an attempt in the field of non-performing credit asset securitization. In May 2016, in cooperation with Bank of China, it issued the first Zhongyu non-performing assets backed securities 2016 with a size of 301 million yuan, representing a landmark in officially restarting non-performing credit assets securitization of commercial bank.
Yang Huahui, Board Chairman of IB Trust, said that the company would take “building a comprehensive, diversified and characteristic” as its strategic goal, make a research on the development law and trend of trust industry, seize the opportunity, push forward transformation and restructuring, enhance market competitiveness, promote the sound and sustainable development of all businesses and spare no effort to become an excellent comprehensive trust financial services provider.