中国基金报记者 江右 最新消息，信托资产规模最大的华润信托迎来人事变动：1981年出生的胡昊拟任董事长。今年6月20日，华润信托披露董事长刘小腊因工作原因辞职，公 司董事会推举担任总经理的董事胡昊代为履行董事长职责。 近日，华润信托官方发布举办2025年估值知识竞赛，公司党委书记、董事长（拟任）胡昊出席活动。这一公开信息显示了胡昊的最新职务身份。 【导读】1981年出生的胡昊拟任华润信托董事长 制作：小茉 国信证券7月12日披露的胡昊简历显示，出生于1981年10月，硕士，曾任交通银行总行管理培训生，交通银行湖南省分行个人金融业务部高级经理助理、 副高级经理/副总经理，交通银行湖南省分行网络渠道部总经理、个人金融业务部（消费者权益保护部）副总经理、大客户营销四部总经理，交通银行宁 夏区分行副行长、党委委员；现任华润深国投信托有限公司董事、总经理、党委书记，兼任华润元大基金管理有限公司董事长。 在华润信托邀请了招商银行、创金合信基金一同参与了近日举办的估值知识竞赛。胡昊在活动中发表讲话，强调在公司高质量转型发展中，运营中心需从 三个方向持续发力：一是要打开门做事情，"走出去，请进来"，多和优秀同业交流；二是要持 ...

【导读】1981年出生的胡昊拟任华润信托董事长 中国基金报记者 江右 最新消息，信托资产规模最大的华润信托 迎来人事变动： 1981年出生的胡昊拟任董事长。 今年6月20日，华润信托披露董事长刘小腊因工作原因辞职，公司董事会推举担任总经理的董 事胡昊代为履行董事长职责。 校对：纪元 制作：小茉 审核：木鱼 版权声明 《中国基金报》对本平台所刊载的原创内容享有著作权，未经授权禁止转载，否则将追究法律责任。 授权转载合作联系人：于先生（电话：0755-82468670） 今年6月20日，华润信托披露，公司董事会于近日收到董事长刘小腊递交的书面辞职报告。刘 小腊因工作变动原因，申请辞去公司董事长、董事、法定代表人职务。公司董事会推举胡昊 董事代为履行董事长及法定代表人职责。2024年5月，深圳金融监管局核准胡昊担任华润信 托董事和总经理的任职资格。 7月10日，刘小腊辞去华润信托参股机构国信证券的董事职务。同时，国信证券董事会提名胡 昊为非独立董事。华润信托是国信证券的第二大股东，持有22.23%的股份。 从华润信托辞去职务后，刘小腊履任华润金融控股有限公司总经理、华润金控投资有限公司 总经理；华润资产有限公司董事 ...

Core Viewpoint - The conference aims to explore new paths for financial services in technology innovation, emphasizing the need for an open and collaborative industrial financial ecosystem to empower high-quality development in technology finance [2][4][36]. Strategic Planning - The conference highlighted the importance of technology innovation in reshaping global competition, with Shanghai positioned as a key player in building a globally influential technology innovation center [4]. - The strategy involves a dual approach of "institutional openness" and "scenario-based supply" to enhance Shanghai's international financial center competitiveness [4]. - State-owned capital is emphasized as a crucial element in supporting high-level technological self-reliance and innovation resource integration [6]. Ecosystem Construction - The event showcased a sand painting performance symbolizing the strategic vision of building a collaborative investment ecosystem, highlighting the historical achievements of Shanghai Trust in equity investment [15]. - The establishment of four ecological alliances aims to create a win-win framework by gathering long-term capital partners, expanding value opportunities, and driving industrial upgrades [17]. Brand Launch - Two strategic empowerment brands, "YI Family Wealth Research Institute" and "Puyao Academy," were launched to enhance the service capabilities of Shanghai Trust's ecosystem [21]. - These brands focus on providing comprehensive wealth management solutions and knowledge-sharing platforms for innovation-driven enterprises [21]. Market Insights - The conference included discussions on investment philosophies during asset downturns, emphasizing the importance of long-term capital allocation strategies [26]. - Key topics included the valuation logic of hard technology investments and the challenges of commercializing early-stage projects [28]. Entrepreneurial Perspectives - Founders from leading tech companies shared insights on advancements in AI, GPU technology, and intelligent sensing, highlighting practical applications and innovations in their respective fields [30][32][34]. - The discussions underscored the importance of bridging technology with market needs to drive successful commercialization [30][34]. Conclusion - The conference served as a significant milestone for Shanghai Trust in deepening its technology finance strategy and promoting ecosystem collaboration, aiming to enhance financial support for strategic emerging industries [36].

Group 1 - The core viewpoint of the article highlights the successful issuance of the asset-backed securities by China Railway Trust, which lays a solid foundation for future cooperation between the parties involved [2][4]. - The asset-backed securities include three classes: - Class A with a scale of 909 million yuan, a term of 2.75 years, a coupon rate of 2.09%, and a AAA rating [2]. - Class B with a scale of 794 million yuan, a term of 0.92+1+1 years, a coupon rate of 1.85%, and a AAA rating, supported by China Railway No. 5 Engineering Group [2]. - Class C with a scale of 990 million yuan, a term of 1+1+1 years, a coupon rate of 1.77%, and a AAA rating, supported by China Railway [2]. Group 2 - China Railway Trust Co., Ltd. is a non-bank financial institution approved by the China Banking and Insurance Regulatory Commission, with a registered capital of 5 billion yuan and a 40-year operational history [3]. - The company has established a modern financial service network centered in Chengdu, with a focus on national outreach, and has created a post-doctoral innovation practice base in collaboration with Southwest University of Finance and Economics [3]. - The successful issuance of the asset-backed securities is significant for Shenwan Hongyuan's ongoing asset securitization business and its commitment to providing comprehensive financial services to real economy enterprises [5].

Core Viewpoint - The recent launch of real estate trust property registration pilots in Xiamen and Guangzhou signifies a significant step in the development of China's trust property registration system, with the aim of enhancing the trust industry and addressing long-standing challenges in real estate trust development [2][6]. Group 1: Pilot Programs Overview - The Xiamen pilot program allows for a broader definition of real estate trust property registration, enabling various types of registrations including the addition of real estate and changes in beneficiaries [3][4]. - The Guangzhou pilot introduces a pre-registration mechanism for real estate, allowing clients to apply for preliminary registration before the trust institution's consent is required for property disposition [4][5]. - Both pilots are part of a broader initiative involving Beijing, Shanghai, Guangzhou, and Xiamen, indicating a growing regional matrix for real estate trust property registration [2][6]. Group 2: Market Dynamics and Opportunities - The pilot programs are primarily located in economically developed regions, reflecting a trend where cities with high real estate values and complex wealth management needs are prioritized for trust development [6][7]. - The potential market for real estate trust services is substantial, particularly in the context of increasing wealth transfer needs among high-net-worth individuals, with estimates suggesting a market size exceeding one trillion yuan [9]. - The unique value proposition of real estate trusts lies in their ability to separate ownership, management, and beneficiary rights, which is increasingly relevant in wealth management and asset protection strategies [9]. Group 3: Challenges and Future Outlook - Despite the initial success of the pilot programs, the overall real estate trust business remains in its infancy, facing challenges such as legal ambiguities, tax policy gaps, and lengthy processing times [7][8]. - The industry recognizes that while real estate trusts may not become mainstream in the short term, their long-term growth potential is significant, driven by demographic changes and evolving wealth management needs [9]. - The pilots are seen as a pathway to establish a national registration system, requiring sustained policy support and market engagement to overcome existing barriers [9].

Core Insights - The introduction of the real estate trust property registration pilot program in Guangdong marks a significant breakthrough in the trust property registration system, aimed at revitalizing real estate and addressing issues related to property in areas such as pension security, family services, and wealth inheritance [1][2][3] Group 1: Real Estate Trust Registration - The first real estate family service trust in Guangdong, named "Yuecai Trust·Aijia and Feng Inheritance Family Service Trust," successfully launched using a pre-registration method, effectively addressing common issues in real estate trust establishment [2] - The pilot program allows for the registration of not only properties with ownership certificates but also pre-sold properties, thus broadening the scope of assets that can be included in real estate trusts [2][3] Group 2: Integration with Pension and Wealth Management - The project integrates wealth inheritance, pension security, and public welfare, providing a comprehensive solution for families in an aging society, thus enhancing the role of trust companies in pension finance [4][5] - The trust system's advantages are now accessible to a wider range of families with wealth management needs, as real estate assets constitute 59.1% of total household assets in China [5] Group 3: Expansion of Pilot Programs - Following Guangdong's initiative, Xiamen has also launched a pilot program for real estate trust property registration, which includes broader definitions and types of registration, enhancing the flexibility of the trust system [6][7] - The Xiamen pilot introduces significant innovations in the registration process, including the recording of both the trustor and beneficiaries in the registration book [6] Group 4: Future Outlook - The nationwide promotion of real estate trust property registration is expected to take time, with a focus on cities with high aging rates and stable property values from 2025 to 2027, aiming for a national system by around 2030 [7]

Core Viewpoint - The article emphasizes the urgent challenges of global sustainable development and the increasing need for investment in ESG (Environmental, Social, and Governance) strategies, highlighting the necessity for deeper research into the definitions and classifications of ESG investments [1]. ESG Investment Definition - ESG investment is defined globally as an investment approach that incorporates social, environmental, and governance factors into decision-making processes, with various organizations providing similar yet distinct definitions [3][4]. - In China, ESG investment is recognized as a long-term investment philosophy that considers not only financial performance but also social responsibility and ESG performance [3]. ESG Investment Characteristics - ESG investment is characterized by its long-term focus, non-negative impact, purpose-driven nature, and the expectation of financial returns while balancing social and environmental benefits [8][9][10]. ESG Investment Classification - There are three main classifications of ESG investments: strategy-based classification, third-party institutional classification, and regulatory-driven classification [12]. - As of the end of 2021, the total ESG investment scale in six countries reached $16.27 trillion, with various strategies like impact investing and negative screening being prominent [13]. ESG Investment Standards - The establishment of ESG investment certification systems in various countries aims to promote ESG investments by providing clear standards and labels for compliant products [22]. - The French Socially Responsible Investment label serves as an example, requiring funds to meet specific ESG criteria and demonstrate their ESG performance [22][23]. Issues and Recommendations - The article identifies several issues in ESG investment, including the lack of standardized terminology, the risk of "greenwashing," insufficient positive impacts, and the comparability of international standards [28]. - Recommendations include enhancing understanding of ESG concepts, optimizing ESG investment classifications and standards, and strengthening the effectiveness of ESG investments through better alignment with sustainable development goals [29][30].

Core Viewpoint - Yunnan Trust holds 19.855 million shares of Tiancheng Control, accounting for 5.00% of the company, and plans to reduce its holdings by up to 3.971 million shares, representing 1% of the total share capital, between August 14, 2025, and November 13, 2025, with the selling price determined by the market [1] Company Summary - Yunnan Trust's current shareholding in Tiancheng Control is 19.855 million shares, which is 5.00% of the total shares [1] - The planned reduction of shares is up to 3.971 million shares, which is 1% of the total share capital [1] - The timeframe for the share reduction is set from August 14, 2025, to November 13, 2025 [1] - The selling price for the shares will be determined based on market conditions [1]

（原标题：陕国投A风险总监任职资格获批 业绩与薪酬双增长引关注） 7月21日，陕西省地方金融监督管理局正式发布批复文件，核准王亚宁担任陕西省国际信托股份有限公 司（证券代码：000563，以下简称："陕国投A"）风险总监的任职资格。 根据批复文件要求，王亚宁需自7月17日批复作出之日起3个月内正式到任风险总监岗位，并按照规定向 监管部门报告到任情况。若逾期未到任，该任职资格将失效注销。 陕西省地方金融监督管理局在批复中不仅明确了任职期限，还对陕国投A提出了具体要求，督促王亚宁 持续加强经济金融法律法规学习，牢固树立风险合规意识，切实履行风险总监岗位职责。 陕国投A前身为陕西省金融联合投资公司（简称陕金联），1984年陕金联的设立标志着陕西现代信托业 的诞生。1994年1月10日，陕国投A在深交所上市，标志着中国非银行金融上市机构的诞生。作为中西 部地区唯一的上市信托公司、陕西首家上市的省属金融机构，陕国投A在区域内具有重要地位。目前， 陕国投A注册资本达51.14亿元。 在经营业绩方面，陕国投A表现可圈可点。近日陕国投A发布2025年半年度业绩快报显示，其核心数据 呈现"一降多增"特点：营业总收入13.67亿 ...

股权慈善信托是指委托人基于慈善目的，依法将其合法持有的可转让、无权利负担的股权（股份、 财产份额）作为信托财产，由受托人按照慈善信托文件约定以自身名义进行管理、处分并开展慈善活动 的行为。 市民政局慈善事业促进处工作人员胡景行表示："这份《通知》通过明确股权信托登记规则，可以 盘活'沉睡'的股权资源。同时，也可以确保其公益属性，市场监管部门在股东名册或合伙人名录中，会 将股东名称标注为'受托人全称（慈善信托名称+备案编号）'，避免股权代持引发的纠纷，既保障公示 透明性，又明确区分慈善信托财产权属。"胡景行介绍，《通知》还规范了具体流程，对设立流程和规 范运营作出明确规定，强化对信托财产的合法性审查（如权属清晰、实缴出资）、强化股权慈善信托分 红收益和项目执行的导向。 据悉，该信托的委托人为陕西恩吉欧财务咨询有限公司，其采用"双受托人"模式，由杭州市慈善总 会（杭州市慈善联合会）与昆仑信托共同担任受托人。 杭州市民政局、杭州市市场监督管理局与国家金融监督管理总局浙江监管局日前联合发布《关于做 好股权慈善信托登记试点工作的通知》（下称《通知》），明确自2025年7月1日起启动股权慈善信托登 记试点。 "我们选择以 ...