信托业家底曝光：资产规模逼近30万亿 业务转型进行时

Core Insights - The trust industry in China is experiencing significant growth in asset scale and optimization of business structure, with total trust assets expected to reach 29.56 trillion yuan by the end of 2024, an increase of 5.64 trillion yuan or 23.58% year-on-year [1][2] Group 1: Industry Growth and Transformation - The growth in trust assets is attributed to the implementation of the "three classifications" business transformation, moving from traditional non-standard financing to a more diversified and professional asset service trust model [1][2] - Over 70% of newly established products in 2024 are asset service trusts, indicating a strong shift towards this business type, which includes wealth management, administrative management, asset securitization, and risk disposal services [2][3] Group 2: Wealth Management and Client Demand - Wealth management trust business is becoming increasingly important, driven by rising income levels and the demand for comprehensive wealth management solutions among both high-net-worth individuals and the general public [3] - The scale of wealth management service trusts exceeded 1 trillion yuan in 2024, with family trusts and insurance trusts making significant contributions [2][3] Group 3: Securities Investment Trusts - The trust industry is actively engaging in securities investment, with a total scale of over 10 trillion yuan in securities investment trusts by the end of 2024, primarily invested in bonds [3][4] Group 4: Regulatory Support and Opportunities - The issuance of regulatory guidelines in early 2024 is expected to support the high-quality development of the trust industry, alongside the initiation of trust property registration trials in major cities [5][6] - The trust property registration trials are seen as a significant opportunity for the industry to standardize and upgrade its operations [5] Group 5: Financial Performance - In 2024, the trust industry's operating income increased by 8.89% to 94.04 billion yuan, while profits decreased by 45.52% to 23.09 billion yuan, reflecting the impact of the shift towards lower-fee asset service trusts [6]