Core Viewpoint - Zhongrong International Trust Co., Ltd. is facing multiple legal disputes and has acknowledged difficulties in timely redemption of certain trust products due to various internal and external factors [1] Company Overview - Zhongrong Trust was formerly known as Harbin International Trust Investment Company and was renamed in 2007 [1] - In 2010, Jingwei Textile Machinery acquired a 117 million shareholding in Zhongrong Trust from Zhongzhi Enterprise Group, becoming the largest shareholder [1] - As of the end of 2022, Jingwei Textile Machinery held a 37.47% stake, making it the controlling shareholder, while Zhongzhi Enterprise Group held 32.99% [1] Recent Developments - On September 16, 2023, Zhongrong Trust publicly responded for the first time, indicating that some trust products could not be redeemed on time [1] - The company has signed a management service agreement with Jianxin Trust and CITIC Trust to provide professional management services [1] - Zhongrong Trust will continue to fulfill its responsibilities as a trustee according to relevant laws and trust contracts for the investors of trust products [1]
中融信托再添动态,多起纠纷裁判文书浮现
Jing Ji Guan Cha Bao·2025-10-30 05:34