双委托人信托成公司差异化竞争关键，信托行业转型再添新动能

Core Viewpoint - The trust industry is undergoing a transformation towards its core functions, with the dual trustee trust business becoming a key focus area as it addresses family wealth management, real estate inheritance, family equity, and charitable activities [2][4]. Group 1: Dual Trustee Trust Innovations - The first dual trustee trust product, "Fuyuhengan No. 2," was launched by Foreign Trade Trust, focusing on family wealth co-management with features like long-term mechanisms and transparent co-construction [3]. - The dual trustee structure has been successfully applied in real estate, with Xiamen International Trust launching the "Tonghui No. 1 Special Trust," which allows for the addition of real estate as trust property, catering to families with special needs [4]. - High-net-worth families are driving the demand for large-scale dual trustee trusts, exemplified by Zhongjian Investment Trust's "Hongquan No. 72," which has a scale of 3.221 billion yuan, focusing on equity income rights [5]. Group 2: Market Demand and Supply Dynamics - There is a growing demand from younger couples and middle-class families for family asset co-management and intergenerational inheritance, expanding the market for dual trustee trusts beyond high-net-worth families [3]. - The dual trustee trust model fills a gap in the market by offering asset integration, risk isolation, and flexible customization, addressing the limitations of traditional wealth management tools [4]. Group 3: Challenges and Professional Requirements - The dual trustee trust business faces challenges such as low standardization, complex processes, and varying compliance risks, which hinder its scalability [6]. - Trust companies are required to enhance their professional capabilities, including legal framework design, risk control, and the establishment of transparent information disclosure systems [6][7]. - The successful implementation of dual trustee trusts necessitates a comprehensive skill set that integrates family law, tax planning, and investment strategies [7].