陈兵："十四五"期间，公司的核心战略定位是坚守信托本源，服务实体经济与民生福祉，向高质量发展 全面转型。战略重心发生了根本性变化，从过去以房地产、政信等融资类业务为主，转向全力发展财富 管理、资产管理及服务社会治理等信托本源业务，发展目标也从追求规模扩张转变为追求有质量、可持 续的增长。 以业务数据作为对比，到"十四五"末期，在公司1.3万亿元业务规模中，代表转型方向的业务，比如， 证券专户类信托突破7000亿元，主动管理资管信托达2000亿元，资产证券化及普惠金融业务规模近1200 亿元，财富管理账户规模近1000亿元，财富管理信托存续单数超过1.3万单，服务客户超2万名，净资产 从2015年的67亿元增长至250亿元。 《金融时报》记者：面对"三分类"新规带来的信托行业格局变化，上海信托在业务布局调整上有何经 验？ 陈兵：我们应对"三分类"新规的经验在于前瞻布局与主动重塑，坚持做难而正确的事，以真正的专业能 力去适应监管导向。 从相关实践来说，我们在2014年便布局家族信托，并于2021年行业首创家庭服务信托，目前该业务市占 率全国第一，形成了从30万元安养信托到1000万元家族信托的完整账户体系。另外， ...

"十四五"以来，信托业深入践行金融工作政治性与人民性，紧紧围绕回归信托本源、服务中国式现 代化的目标任务，全面推进资产服务、资产管理与公益慈善信托"三分类"转型，取得了一系列重要成 果。 陈兵：我们应对"三分类"新规的经验在于前瞻布局与主动重塑，坚持做难而正确的事，以真正的专 业能力去适应监管导向。 从相关实践来说，我们在2014年便布局家族信托，并于2021年行业首创家庭服务信托，目前该业务 市占率全国第一，形成了从30万元安养信托到1000万元家族信托的完整账户体系。另外，在资产管理信 托以及服务信托领域都有积极实践，比如不动产、股权、养老、风险处置、知识产权、预付资金管理 等，为转型奠定了坚实基础。 《金融时报》记者：在乡村振兴以及养老等民生领域，信托公司能够发挥哪些作用？ 陈兵：我们的实践体会是，"送项目不如送机制，给资金不如给本领"。在乡村振兴方面，践行"投 资于人"的理念。通过成立慈善信托，公司自2019年开始为甘肃省和政县和临洮县设立县乡两级干部来 沪培训，已累计为来自甘肃、新疆、宁夏、安徽等省区、十余个县的230余名县乡两级干部提供了深度 培训和县域治理调研支持，将慈善资源转化为人的能力提升， ...

Core Viewpoint - The article emphasizes the importance of green trust in supporting the development of the real economy, aligning with China's "14th Five-Year Plan" which focuses on the real economy and green development [1]. Group 1: Green Trust and Real Economy - Green trust is significantly aiding the development of the real economy, with the China Trust Industry Association reporting that in 2024, the main investment directions for trust companies in green low-carbon industries will be infrastructure green upgrades and energy green low-carbon transitions, with existing scales of 59.39 billion and 52.00 billion respectively, accounting for 32.60% and 28.55% [1]. - The successful launch of the first green financial products, "Tianhe Green Power Industry Investment No. 1 Collective Fund Trust Plan" and "Ruixia Green Power No. 5 Collective Fund Trust Plan," by Huaneng Trust in collaboration with Huaxia Bank and Trina Solar, represents an innovative practice in green trust services for the real economy [2][3]. Group 2: Challenges in Green Financing - Traditional credit often has a term mismatch, with typical loan durations of 3 to 5 years, while investments in green projects like wind and solar energy often exceed 10 years, creating a gap that hinders quality projects [2]. - The new 25-year green equity investment trust launched by Huaneng Trust does not follow the traditional model of "fixed income + corporate repurchase," but instead uses real equity to invest in distributed photovoltaic power stations across five provinces [3]. Group 3: Diverse Models of Green Trust - Besides equity investment, green trust can also utilize various models such as green credit, green bonds, green asset securitization, and green industry funds to create a comprehensive financial support system for green projects [5]. - As of the end of 2024, the main business model for green trust is green trust loans with a scale of 92.22 billion, while green asset securitization stands at 64.48 billion, and green equity investment, green bond investment, and green industry funds have scales of 24.51 billion, 14.58 billion, and 7.99 billion respectively [5]. Group 4: Enhancing Trust Services - The "14th Five-Year Plan" suggests accelerating the formation of green production and lifestyle, promoting green low-carbon transitions in key sectors such as industry, urban construction, transportation, and energy [6]. - Trust mechanisms provide comprehensive services in the green sector, ensuring transparency in fund flows and standardized management, as demonstrated by the involvement of China National Offshore Oil Corporation Trust in a charging station project [6].

Core Viewpoint - Huabao Trust has demonstrated a strong performance in 2024, with a focus on transforming and innovating its trust products and services, achieving significant growth in trust asset scale and profitability [1][2][3][4] Group 1: Financial Performance - In 2024, Huabao Trust's trust asset scale reached 374 billion yuan, representing a year-on-year growth of 13% [1] - The company achieved total revenue of 3.097 billion yuan, with a profit total of 1.737 billion yuan and a net profit of 1.328 billion yuan [1] - Cumulatively, since its establishment in 1998, the company has generated returns of 275.3 billion yuan for its clients [1] Group 2: Product and Service Development - The company is committed to its core trust business, leveraging the advantages of asset isolation to provide comprehensive wealth management and asset allocation services [2] - Huabao Trust has optimized its product system in family trusts and insurance, launching innovative family trust products and enhancing customer service [2] - The company has made breakthroughs in special asset trust services, including the first market-oriented restructuring trust and the first publicly bid corporate bankruptcy restructuring trust [2] Group 3: Industry Engagement and Social Responsibility - Huabao Trust emphasizes serving the real economy, providing deep industry financial services to supply chain enterprises within the steel industry [2] - The company has established charitable trust projects totaling over 2.5 million yuan for rural revitalization, education assistance, and community governance [3] - Huabao Trust is exploring green trust business and promoting ESG-related trust services, achieving a four-and-a-half-star rating for its social responsibility report [3] Group 4: Future Outlook - The company plans to continue its innovative approach, focusing on compliance and risk control while accelerating its high-quality transformation [4]