Core Viewpoint - China Aviation Trust Co., Ltd. has been fined for providing financing to projects that do not meet regulatory requirements, highlighting ongoing compliance issues and a decline in operational performance [1][4][6] Regulatory Actions - China Aviation Trust was fined 300,000 yuan for providing financing to non-compliant projects, with related personnel fined a total of 180,000 yuan [4][6] - The company has faced multiple penalties since 2018 for similar violations, including a 400,000 yuan fine in 2024 for lending to companies without the necessary qualifications [5][6] Company Background - China Aviation Trust, formerly known as Jiangxi Jiangnan Trust Co., Ltd., was established as a foreign-invested enterprise and has a registered capital of 6.466 billion yuan, managing assets exceeding 600 billion yuan [5] - The major shareholders are China Aviation Investment Holding Co. (84.42%) and Overseas Chinese Bank (15.58%) [5] Financial Performance - The company has experienced a significant decline in revenue and net profit since 2021, with total revenue dropping from 3.488 billion yuan in 2021 to 1.238 billion yuan in 2023, a decrease of 64.5% [8] - Net profit fell from 1.679 billion yuan in 2021 to approximately 83.87 million yuan in 2023, reflecting a nearly 90% decline [8] Operational Challenges - In 2025, China Aviation Trust entered a "trustee" status, with its operations managed by other trust companies, indicating a loss of management capability [7][9] - The company has been criticized for its poor performance in fulfilling housing delivery obligations, further complicating its operational challenges [8] Recommendations for Improvement - Experts suggest that China Aviation Trust should conduct a comprehensive audit to clarify its financial status and improve operational performance [9] - There is a need for enhanced transparency and stricter adherence to legal regulations to rebuild trust with investors and regulators [9]