Core Viewpoint - Ping An Trust has appointed Wang Xin as the new chairman, succeeding Fang Weihua, who has been reassigned to Ping An Bank as vice president. Wang Xin's extensive experience in banking and asset management is expected to drive the company's strategic transformation and enhance its business operations [1][2]. Group 1: Leadership Changes - Wang Xin has officially taken over as chairman of Ping An Trust as of September 16, 2025, following approval from the Shenzhen Regulatory Bureau of the National Financial Supervisory Administration [1]. - Fang Weihua, the former chairman, has transitioned to a role as vice president at Ping An Bank after serving as chairman since January 2024 [1]. - Wang Xin joined Ping An Trust in May 2025, bringing 29 years of experience in the banking and insurance asset management sectors [1]. Group 2: Business Transformation - The current focus for Ping An Trust is on transforming its business model, particularly by reducing financing-type trust businesses and emphasizing standard investment and service-type trust businesses [3]. - By the end of 2024, Ping An Trust's asset management scale reached 993 billion yuan, reflecting a year-on-year growth of 49.88% [3]. - Following the "Three Classification New Regulations," Ping An Trust has actively adjusted its business strategies to align with regulatory requirements, particularly in wealth management and asset service trusts [3]. Group 3: Financial Performance - In 2024, Ping An Trust reported operating revenue of 14.148 billion yuan, with net profit at 3.421 billion yuan, indicating a decline in both metrics compared to the previous year [3]. - The wealth management service trust business experienced over 30% growth in 2024, with the latest data in April 2025 showing the overall scale of this business surpassing 220 billion yuan, accounting for 20% of the industry [3].
万亿信托换帅
Jing Ji Guan Cha Wang·2025-09-17 12:04