Core Viewpoint - The article highlights the recent collection notices published by Bohai International Trust Co., Ltd., involving two loan projects with a total principal and penalty interest exceeding 3.4 billion yuan, indicating a significant risk in the trust industry due to frequent defaults [1][2]. Group 1: Loan Details - The first collection notice involves Beijing Jiutai Group Co., Ltd. as the borrower, with a loan amount of 2.2 billion yuan issued on September 29, 2017. As of the announcement date, only 982,800 yuan has been received, leaving 2.791 billion yuan in principal and penalty interest unpaid [3]. - The second collection notice pertains to Beijing Dongfang Media Real Estate Co., Ltd. as the borrower, with a loan amount of 500 million yuan issued on the same date. Only 201,720 yuan has been received, with 633 million yuan in principal and penalty interest still outstanding [5]. Group 2: Borrower and Guarantor Information - Both loan projects are interconnected, with mutual guarantees among the borrowers. The total loan amount exceeds 3.4 billion yuan, and both Jiutai Group and Dongfang Media Real Estate are linked through their legal representative, Li Yuguo [6]. - Both companies are currently involved in multiple financial loan litigation cases and have been listed as defendants [6]. Group 3: Company Overview - Bohai Trust, established in 1983, is the only trust institution registered in Hebei Province, with a registered capital of 3.6 billion yuan. In 2024, it reported a net profit of 37.1 million yuan and a trust asset scale of 543.6 billion yuan [6]. - The company ranks 10th in the industry for commission income and 12th for total profit in the first half of 2025, achieving its best historical performance [7].

Core Viewpoint - Bohai International Trust Co., Ltd. is facing significant collection challenges, with two loan projects involving over 3.4 billion yuan in principal and interest, indicating potential risks in its asset management and loan recovery processes [1][4]. Loan Projects Overview - The first loan project involves Beijing Jiutai Group Co., Ltd. as the borrower, with a loan amount of 2.2 billion yuan issued on September 29, 2017. As of the announcement date, only 982,800 yuan has been received, leaving 2.791 billion yuan in principal, interest, and penalties unpaid [2]. - The second loan project involves Beijing Dongfang Media Real Estate Co., Ltd. as the borrower, with a loan amount of 500 million yuan issued on the same date. Only 201,720 yuan has been received, leaving 633 million yuan in principal, interest, and penalties unpaid [3]. Borrower and Guarantor Details - Both loan projects are interconnected, with mutual guarantees among the borrowers and guarantors, totaling over 3.4 billion yuan in loans. The legal representative for both Jiutai Group and Dongfang Media Real Estate is Li Yuguo [4]. - Multiple guarantors are involved in both projects, including various companies and individuals, indicating a complex network of financial obligations [3][4]. Company Background - Bohai Trust was established in 1983, registered in Shijiazhuang, with a registered capital of 3.6 billion yuan. It is the only trust institution in Hebei Province, with a net profit of 37.1 million yuan and total trust assets of 543.6 billion yuan in 2024 [4]. - The company is controlled by HNA Capital Group, which holds a 51.23% stake, with no actual controller identified [4]. Industry Context - The trust industry has been experiencing frequent default events, leading to challenges in debt collection. The use of public notices for debt collection is relatively rare, highlighting the severity of the situation [6]. - When borrowers default, trust companies typically initiate a tiered disposal mechanism, starting with negotiations and potentially escalating to legal actions if no resolution is reached [6].