年夏 E and and 记者 陈姗 信托业作为我国金融体系的关键一环，在"金融惠民"方面有哪些新举措？7月2日，在浦发银行召开的"金融向善 信托为民"新闻通气会上，上海信托党委书 记、总经理陈兵介绍，2024年以来，上海信托围绕特殊需要信托、不动产信托、养老服务信托和知识产权信托等领域持续开展创新实践，深入推进信托制 度、信托工具和信托产品的普惠化应用。 谈及未来普惠信托的规划，陈兵进一步表示，一是，大力发展信托数智化建设，为信托服务插上数据和智能化的翅膀，更高质量、广维度地服务广大社会群 体；二是，大力发展家庭服务信托等财富管理服务信托，让财富信托走进"千家万户"，努力让每一个人都有一个信托账户；三是，大力发展预付资金信托， 让信托制度更好地服务于社会治理，为促消费、营商环境优化提供信托特色方案；四是，大力发展养老服务信托和公益慈善信托，为养老金融大文章和共同 富裕贡献信托力量。 一是，在特殊群体关怀领域，上海信托2024年11月落地上海辖内首单特殊需要信托，为残障群体、失能老人等民事行为能力瑕疵群体提供综合服务。通 过"一个特殊需要信托账户"，整合多元资产、汇聚社会资源，链接生活照料、财产管理、养老服务 ...

自首批9单公开募集基础设施证券投资基金（REITs）在沪深交易所上市至今已有4年。4年来，我国公 募REITs市场逐步建立并完善了发行、交易、扩募等流程与机制，总发行规模超过1800亿元、总市值规 模突破2000亿元。 业内普遍认为，随着制度的进一步优化和市场的不断成熟，我国公募REITs有望在服务实体经济、优化 投资者资产配置等方面发挥更大的作用。 市场发展渐入佳境 政策稳步推进，为公募REITs市场规模持续增长和存续期信息披露体系逐渐完善奠定了基础。 生态建设持续深化 扩募机制是助推公募REITs市场增长的一项重要基础制度，能够优化资产组合、降低资产集中度过高的 风险。业内人士分析，推动首发和扩募双轮驱动，有利于加快形成存量资产和新增投资的良性循环，助 力已上市优质运营主体依托市场机制增发份额收购资产，改善风险收益结构。 2024年以来，全市场有10单REITs项目已发布扩募公告，其中有4单处于受理审核阶段、2单已获基金注 册批复。 2020年4月，中国证监会和国家发展改革委联合发布《关于推进基础设施领域不动产投资信托基金 （REITs）试点相关工作的通知》，标志着境内基础设施领域公募REITs试点正式起 ...

建元信托股份有限公司公告 证券代码：600816 证券简称：建元信托 公告编号：临 2025-014 建元信托股份有限公司 案件受理费人民币 2,051,524.83 元，由原告上海东方证券资产管理有限公司负担 （已预交）。 如不服本判决，可以在判决书送达之日起十五日内，向本院递交上诉状，并按 建元信托股份有限公司公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏, 并对其内容的真实性、准确性和完整性承担法律责任。 重要内容提示： （一）涉及上海东方证券资产管理有限公司的一宗案件 建元信托股份有限公司（以下简称"公司"、"本公司"）前期于《诉讼公告 暨前期诉讼进展公告》（编号：临 2020-060）中披露了涉及上海东方证券资产管理 有限公司的一宗案件，涉诉金额 4.02 亿元。公司于近日收到上海金融法院送达的 （2020）沪 74 民初 2489 号《民事判决书》，判决如下： "驳回原告上海东方证券资产管理有限公司的诉讼请求。 对方当事人的人数提出副本，上诉于上海市高级人民法院。" （二）涉及自然人的案件 涉诉金 | | | | | 诉讼阶段/进 | | | --- | -- ...

Core Viewpoint - Hubei Junyao Health Beverage Co., Ltd. responded to the Shanghai Stock Exchange's inquiry regarding its 2024 annual report, addressing concerns about trading financial assets, other receivables, and subsidiary equity acquisitions [1] Group 1: Trading Financial Assets - Junyao Health reported a year-end balance of trading financial assets of 155 million yuan, an increase of 84.27% year-on-year, with trust financial products accounting for 134 million yuan [2] - The trust plan "Aijian Win-Win - Shanghai Huade Accounts Receivable Debt Collection Fund Trust Plan" was established on July 28, 2023, with a term of 36 months and a maximum scale of 370 million yuan, raising 305.2 million yuan, with Junyao Health subscribing 130 million yuan at an annualized benchmark interest rate of 7.1% [2] Group 2: Other Receivables - The balance of other receivables at the end of the reporting period was 124 million yuan, with a bad debt provision of 16.16 million yuan [4] - The significant other receivables primarily stemmed from a partnership with Shengjiao Winery, which ended in December 2022, where Junyao Health is owed unconsumed prepayments [4] Group 3: Supply Chain Business - Junyao Health's supply chain business recognized sales revenue of 582 million yuan in 2024, down from 809 million yuan in the previous year [6] - The company engaged in transactions with Yihe (Shanghai) Supply Chain Management Co., Ltd., with procurement and sales amounts showing a downward trend [7] Group 4: Subsidiary Equity Acquisitions - During the reporting period, Junyao Health's subsidiary Meiri Boshi acquired three e-commerce companies, with the first two being established only 20 days prior to the acquisition [8] - The acquisitions aimed to quickly enter the online market and utilize existing e-commerce store qualifications to bypass platform review cycles, with the acquisitions being zero-cost [8]

交通运输部财务审计司副司长程侃说，当前全球经济复苏的步伐依然蹒跚，地缘政治冲突阴云挥之不 去，气候变化的紧迫性挑战日益加剧，在此背景下，全球交通运输投融资领域也遭遇到了一些堵点和痛 点。一是资金缺口巨大，与融资渠道受限并存，全球范围内，特别是广大发展中国家，交通基础设施建 设的巨大资金需求与有限的公共财政投入、市场融资渠道不畅之间的矛盾日益突出。 另外一个问题是项目风险高企与投资信心不足交合。大型跨国交通项目通常周期较长、投资额巨大。但 现在世界面临地缘政治政策变动、市场波动、技术迭代、社会环境变化等多重风险交叠，显著抑制了民 营资本和长期投资者的热情，导致一些具有战略意义的项目推进困难。此外，目前还存在投融资规则体 系与工作机制衔接不畅的问题，这增加了跨境项目协调与落地的难度和成本。 他建议，需要各方共筑机制化合作平台，积极探索建立更加常态化的合作模式。其次，共推投融资模式 创新，大力探索和推广政府与社会资本合作，建立基础设施不动产信托投资基金、绿色债券和可持续发 展挂钩债券的多元化创新型融资工具和模式，这需要设计出科学合理的风险共担和利益共享机制，从而 有效激发民营资本和长期机构投资者的积极性，为交通项目 ...

房地产 | 证券研究报告 — 行业深度 2025 年 6 月 30 日 强于大市 资产证券化系列报告一 我国资产支持证券存量规模超 3 万亿元；公募 REITs 从破冰到常态化发行，未来空间可期 核心观点 投资建议： 风险提示： 政策风险：资产证券化产品相关政策超预期收紧，REITs 支持政策推进力度不及预期； REITs 相关租赁市场需求变化风险：市场波动下，租赁需求超预期下行，租金水平波动， 影响项目收入，同时面临租金定价调整风险；ABS 违约风险与流动性风险。 相关研究报告 《房地产行业 2023 年度策略——弩箭已离 弦，能否冰解的破？》（2022/12/18） 《中国真实住房需求还有多少？（2022 版）》 (2022/8/3) 《凡益之道，与时偕行——关于短期博弈与 长期格局的思考》(2022/6/15) 《从历史复盘中探讨本轮地产调控放松的最 佳路径与当前房企的生存法则》(2022/3/31) 中银国际证券股份有限公司 具备证券投资咨询业务资格 房地产行业 证券分析师：夏亦丰 近年来，随着资产支持证券产品发行规模的攀升，市场关注度越来越高，由于不动产既 具有可租赁的天然属性，能够形成长期稳定的现 ...

Core Viewpoint - The article discusses the lack of a real estate trust property registration system in China's trust industry, which has long hindered its development. The case of the first residential real estate trust property registration in Tongzhou District serves as an innovative example to address this institutional barrier and explores the unique value of real estate trusts in inclusive finance and elder care finance [2][4]. Group 1: Industry Pain Points - The trust industry in China faces significant challenges due to the absence of a real estate trust property registration system, which severely restricts the development of real estate trust business. As of the end of 2024, the total entrusted property scale of 68 trust companies reached 27 trillion yuan, but the number of real estate trusts is minimal [4]. - Key institutional barriers include unclear legal definitions of property ownership, cumbersome property transfer processes, and excessive tax burdens. The confusion over property rights threatens beneficiary rights and leads to legal disputes [4][6]. - The traditional model requires clients to inject cash into the trust plan before purchasing property, which imposes additional financial burdens and operational delays on ordinary families [4][6]. Group 2: Policy Breakthroughs - On November 18, 2023, the State Council included the establishment of a real estate trust property registration mechanism in its plan to expand financial services, providing top-level policy support for the pilot project in Beijing [7]. - The Beijing Municipal People's Congress passed a revised regulation on November 29, 2024, which explicitly states the exploration of a registration mechanism for real estate and equity as trust property, thus ensuring legislative support for institutional innovation [7]. - A three-tiered institutional framework has been established, consisting of top-level design, local legislation, and implementation details, marking the official start of the real estate trust property registration pilot [7]. Group 3: Practical Breakthroughs - On April 2, 2025, Guotou Taikang Trust completed the first residential real estate trust property registration in Tongzhou District, where the trust was established to provide lifelong care for a beneficiary with autism [8]. - The "Tongzhou Case" achieved three major breakthroughs: the establishment of a legal confirmation mechanism for property registration, simplification of the property transfer process, and the creation of a lifelong care mechanism for the beneficiary [8][9]. - The legal confirmation mechanism ensures that the property is clearly marked as "trust property," which helps to mitigate risks associated with property mixing and serves as a core basis for judicial proceedings in property disputes [8].

证券代码：002128 证券简称：电投能源 公告编号：2025038 内蒙古电投能源股份有限公司 本公司及监事会全体成员保证信息披露内容的真实、准确和完整， 没有虚假记载、误导性陈述或重大遗漏。 一、监事会会议召开情况 （一）内蒙古电投能源股份有限公司（简称"公司"）分别于 件等形式发出 2025 年第四次临时监事会会议通知及其补充通知。 （二）会议于 2025 年 6 月 25 日以现场+视频会议方式召开。现 场会议地点为呼和浩特市。 （三）监事会会议应出席监事 6 人，实际出席会议并表决监事 6 人（其中：委托出席监事 2 人，王国安和潘利监事因公务原因均不能 亲自出席会议，分别委托监事冯树清和应建勋代为行使表决权；以视 频方式出席会议监事 1 人，唐守国；现场出席会议监事 3 人）。 （四）会议主持人：公司监事会主席关越先生。 列席人员：部分高级管理人员、董事会秘书。 （五）本次会议的召开符合法律、行政法规、部门规章和公司章 程等规定。 二、监事会会议审议情况 （一）关于子公司与百瑞信托有限公司开展永续信托业务暨关 联交易的议案； 内容详见同日刊登在《中国证券报》《上海证券报》《证券时报》 及巨潮资讯网 ...

Core Viewpoint - The independent directors of Inner Mongolia Electric Power Investment Energy Co., Ltd. reviewed and approved several proposals related to financing and procurement activities, ensuring compliance with regulations and safeguarding the interests of shareholders, particularly minority shareholders. Group 1: Financing and Trust Transactions - The company’s subsidiary, Inner Mongolia Huomei Hongjun Aluminum Electric Co., Ltd., plans to engage in perpetual trust business with Baorui Trust Co., Ltd. to meet funding needs for the Zaha No. 2 350,000-ton green electricity aluminum project, applying for special bond funding of 700 million yuan [1][2] - The trust funds will be used specifically for the Zaha No. 2 project, with terms being indefinite and interest rates determined through mutual agreement [1][2] Group 2: Procurement and Maintenance Projects - The company’s subsidiary, Tongliao Holin River Pit Power Co., Ltd., intends to use a single-source procurement method to contract the desulfurization system maintenance project to Shenyang Yuanda Environmental Engineering Co., Ltd., which has the necessary qualifications and a good reputation in the region [2][3][4] - The maintenance fee is set at 6.51 million yuan per year, with a total maintenance cost of 14.666 million yuan for the period from October 1, 2025, to December 31, 2027 [4] Group 3: IT Operations and Services - The company plans to procure IT operation and maintenance services for its headquarters and related units through direct negotiation with Beijing Zhongqi Times Technology Co., Ltd., with a total estimated cost of 35.72 million yuan [4][5] Group 4: Capacity Replacement Transactions - The company’s South Open-pit Coal Mine aims to purchase capacity replacement indicators to increase its approved capacity from 18 million tons per year to 20 million tons per year, enhancing competitiveness in the coal market [5][6] - The transaction involves purchasing 100,000 tons of replacement indicators from a subsidiary of the State Power Investment Corporation, which is classified as a related party transaction [5][6]

艺术邂逅"Young老"，共绘银发画卷 转自：新华财经 老龄化浪潮正在袭来，在物质保障之外，老年人的精神世界如何丰富起来？2024年末，建行上海市分 行、建信信托、上海临港文化艺术基金会（下称"基金会"）联合爱心企业艾郎科技股份有限公司（下 称"艾郎科技"）共同探索设立慈善信托并开展慈善项目，其中基金会作为信托委托人和执行人，建信信 托作为受托人，多方共同构建"公益+金融+文化"的服务新模式。 做好养老金融大文章，关乎民生福祉。建行上海市分行作为建行养老金融综合服务的先行区、示范区， 紧跟建行养老金融"1314"发展战略部署，响应养老慈善议题，发布"健养安-安心善养"养老慈善信托产 品。通过聚焦养老重点难点领域，建行上海市分行链接属地养老公益慈善需求，助力企业社会价值实 现，从而搭建共建共享的政企银社养老事业良好生态。据了解，2024年以来，"健养安-安心善养"养老 慈善信托项目已陆续在江苏、浙江、福建等地设立。 后续，建行将继续加大对慈善信托项目的投入和支持，勇担社会责任，通过办理养老加艺术相关的慈善 信托业务，为养老事业书写一段温暖人心的公益篇章。（邓侃） 编辑：葛佳明 建行上海自贸试验区新片区分行作为艾 ...