深耕产业+创新服务 信托公司亮出差异化答卷

Core Insights - The trust industry is experiencing significant changes in its business structure due to the "three classifications" policy, with a notable increase in asset management scale reaching 32.43 trillion yuan, a growth of 20.11% as of June 2025 [2] Group 1: Business Structure Changes - The trust industry is adapting to the "three classifications" policy, leading to a focus on differentiated strategies among companies [2] - Huaneng Trust maintains a stable asset management scale around 600 billion yuan while seeing growth in equity trusts and wealth management trusts [2] - CITIC Trust's asset scale exceeded 3 trillion yuan by the end of October 2025, with rapid growth in asset management trusts and risk disposal trusts [2] Group 2: Differentiated Development Paths - The trust industry is witnessing ongoing differentiation, with companies focusing on their unique shareholder backgrounds and resource advantages [3] - Huaneng Trust aims to deepen its focus on industrial finance, establishing a unique mechanism and characteristics in its organizational structure and business layout [3][4] - Simplified competition in the trust sector is based on unique capabilities that only trust companies can offer, as well as areas where trusts excel [4] Group 3: Future Development Perspectives - Industry leaders emphasize the importance of adhering to the overarching logic of the "three classifications" reform while pursuing differentiated operations [5] - There is a call for policy support in areas such as pension trusts and real estate registration to facilitate the development of asset service trusts [5] - The promotion of trust concepts and culture is deemed essential for the future growth of the trust industry, requiring collective efforts for broader outreach [5]