刚刚，完成更名！五年的风险化解落幕

Core Viewpoint - The renaming of Sichuan Trust to Sichuan Tianfu Trust marks the conclusion of a risk disposal process and highlights tangible progress in the reform of China's trust industry [1][3][4] Company Overview - Sichuan Trust, established in April 2010, has undergone significant changes, including a name change to Sichuan Tianfu Trust as of November 17, 2023 [1][2] - The company has a registered capital of 350 million yuan and operates in Chengdu, Sichuan Province [2] Risk Disposal Process - Sichuan Trust faced significant challenges starting in 2020, with overdue products leading to regulatory scrutiny and a fine of 34.9 million yuan in March 2021 for multiple violations [3] - The risk disposal process began under regulatory guidance and local government support, culminating in a bankruptcy approval in April 2024 [3][4] - The court concluded the restructuring process in March 2024, allowing Sichuan Trust to retain its trust license [4] Industry Context - Sichuan Trust is not the only trust company to enter bankruptcy; Xinhua Trust also entered bankruptcy proceedings in June 2022, highlighting a trend in the industry [5] - Other trust companies, such as Anxin Trust and New Era Trust, have successfully navigated risk through restructuring and management changes [5] - The industry is moving towards a diversified risk disposal system, incorporating commercial restructuring, bankruptcy liquidation, and judicial reorganization [6] Regulatory Environment - In January 2025, the State Council emphasized the need for effective risk management and high-quality development in the trust industry, aiming for a more stable and regulated environment by 2035 [7] - The regulatory focus is on balancing development and safety, with an emphasis on preventing systemic financial risks [7]