Orient Landscape(SZ:002310) Zheng Quan Ri Bao·2025-05-11 16:51Core Viewpoint - The issuance of the "Notice on the Registration of Equity Trust Property" marks a significant breakthrough in resolving the long-standing issue of equity trust registration for non-listed companies in China, enhancing the operational clarity and legal framework for trust companies [1][2][4]. Group 1: Regulatory Changes - The new regulation effectively strengthens the independence of trust property and provides clearer operational guidelines for trust companies to conduct equity trust business [1][2]. - The "Notice" introduces specific registration and regulatory details for equity trusts, addressing issues such as ownership recognition and complex transfer procedures [2][3]. Group 2: Practical Applications - Within six days of the new regulation, China Foreign Trade Trust successfully registered an equity trust for a biopharmaceutical entrepreneur, aiming to address family business succession challenges [1][2]. - China Foreign Trade Trust and Citic Trust completed two significant equity trust projects, including a service trust for strategic emerging industries and a risk disposal service trust for a company undergoing bankruptcy restructuring [3]. Group 3: Industry Impact - The implementation of the new regulation is seen as a catalyst for high-quality development in the Chinese trust industry, fostering deeper integration between trust tools and the needs of the real economy [4]. - The innovative practices emerging from the new regulation are expected to reshape the industry ecosystem and promote a more transparent and equitable financial service environment for business owners [2][4].