Core Insights - Chongqing International Trust Co., Ltd. reported a total revenue of 500 million yuan and a net profit of 204 million yuan for 2024, with a net profit attributable to the parent company of 208 million yuan [1] - The company implemented a new strategy focusing on "fixed income + investment + non-standard + asset management," achieving a business income of 9.138 billion yuan and a net profit of 8.332 billion yuan from trust operations [1] - Chongqing Trust is transitioning from a non-standard financing model to a diversified business model centered on asset services, asset management, and public welfare [1][2] Business Developments - The company actively engaged in bankruptcy restructuring, successfully bidding for 35 enterprises, establishing a restructuring service trust with a scale of 53.9 billion yuan [1] - New projects such as Xinhua Group and Gongxiao Daji were successfully launched, with investment returns of 28.57% and 90.12% for the Taikai Nuclear Power and Aoride restructuring projects, respectively [1] - The company has diversified its product offerings, including the establishment of the first family service trust and collaboration with consumer finance companies to develop ABS business, reaching a cumulative scale of 9 billion yuan [1] Strategic Focus - As of the end of 2024, the company reported a trust business scale of 191.926 billion yuan in the "Belt and Road" initiative and 36.590 billion yuan in the Chengdu-Chongqing economic circle [2] - The company added 57.634 billion yuan in private trust business and 75.393 billion yuan in small and micro-enterprise trust business in 2024 [2] - In the green trust sector, Chongqing Trust established two charitable trust products, with a total green trust business scale of 1.675 billion yuan, focusing on energy conservation, environmental governance, and green construction [2] Future Outlook - Looking ahead to 2025, the company will continue to adhere to its operational philosophy of "integrity, stability, innovation, and precision," focusing on risk management, innovation, and transformation [3] - The company aims to deepen its four-wheel drive strategy to achieve high-quality development [3]