Core Insights - The trust asset scale in China reached 29.56 trillion yuan by the end of 2024, marking a year-on-year growth of 23.58%, despite a significant profit decline of 45.52% to 23.09 billion yuan [1][7] - The implementation of the "three-category" regulation in 2024 has prompted the industry to adjust positively, indicating a need for new revenue and profit growth points [1][2] Trust Asset Scale and Growth - The trust asset scale increased by 2.56 trillion yuan from mid-2023, reflecting a growth rate of approximately 9.5%, and a year-on-year increase of 5.64 trillion yuan [1][2] - Over the past 15 years, the trust asset scale has fluctuated, initially rising to a peak of 26.25 trillion yuan before experiencing a decline due to regulatory changes, stabilizing in mid-2022, and now approaching 30 trillion yuan [2] Business Structure Optimization - The "three-category" regulation has shifted the focus of trust companies from traditional non-standard financing to more diversified and specialized asset service trusts, asset management trusts, and charitable trusts [2] - By the end of 2024, wealth management service trusts exceeded 1 trillion yuan, with family trusts at 643.58 billion yuan and insurance trusts at 270.40 billion yuan [3] Fund Trust Allocation - By the end of 2024, the scale of fund trusts reached 22.25 trillion yuan, with a year-on-year increase of 28.02% [4][5] - Fund trusts directed towards the securities market amounted to 10.27 trillion yuan, representing a significant year-on-year growth of 55.61% [5][6] Profitability Challenges - The trust industry faced a decline in profits, with total operating income rising to 94.04 billion yuan, but profits plummeting to 23.09 billion yuan, nearly halving [7] - The shift towards asset service trusts, which typically have lower fees, has impacted overall profit margins, necessitating a focus on enhancing business yield [7] Support for the Real Economy - Approximately 28.81% of the 22.25 trillion yuan in fund trusts was directly allocated to the real economy, with an additional 46.17% indirectly supporting it through the securities market, totaling 16.68 trillion yuan [8]

信托公司年度业绩披露落幕。除去受托管无需强制披露业绩以外，已发布的2024年55家信托公司年报数 据显示，整体总营收905.51亿元，较2023年下滑11.48%；净利润为298.04亿元，同比锐减20.58%。在整 体业绩承压的情况下，不乏像平安信托、中信信托、兴业信托等"银行系"信托公司表现抢眼。对此，业 内专家表示，信托"三分类"新规实施下，行业转型仍在路上。 4月30日，建信信托正式披露了2024年报业绩，营收与净利润双双下滑。2024年，建信信托（合并）实 现营业收入为54.97亿元，同比下降26.98%；实现净利润5.43亿元，相较于2023年的19.10亿元大幅下 降，净利润同比下降71.57%。 与此同时，中信信托也正式在当天发布2024年报显示，中信信托全年实现营业总收入53.79亿元，其中 手续费及佣金收入23.27亿元，净利润26.53亿元。截至2024年末，中信信托信托资产余额达26244亿元 （2.62万亿元），全年新增信托项目2549个，实收信托规模11999亿元。 净利润前十的公司中，陕国投信托净利润涨幅较为亮眼，达到25.79%。记者发现，公司2024年信用减 值损失仅计提2. ...