21世纪经济报道记者 余纪昕 11月22日，为凝聚行业智慧、探寻发展新路径，由南方财经全媒体集团指 导、21 世纪经济报道主办的 "第二十届 21 世纪金融年会" 在北京盛大召开。 在财富传承的具体实践层面，林巍重点介绍了不动产信托试点在全国范围内取得的热烈反响。他首先澄 清，此处的不动产信托主要指家庭将不动产财产装入信托以实现保护与传承，而非信托公司进行不动产 投资。 （原标题：通州区区长助理林巍：财富传承市场积极增长 服务信托蓄势待发） 通州区区长助理林巍在"财富管理的低利率之问"分论坛上，以《逆势增长的财富传承市场和蓄势待发的 服务信托业务》为题发表演讲，为与会嘉宾深入剖析了财富传承这一充满活力的新兴市场。他指出，在 当前经济环境下，财富传承市场正展现出强劲的"逆周期"增长势头，服务信托业务也呈现出蓬勃的发展 态势，为财富管理行业开辟了新的蓝海。 林巍指出，与传统财富管理业务面临的挑战相比，以财产保护和有序传承为核心的新型财富管理需求 正"逆势上升"。 为何财富传承市场能独树一帜？林巍从三个维度进行了阐述。首先，市场潜力巨大。他通过详细测算指 出，财富传承市场潜在规模可达约4500亿元，与传统资产管理行 ...

Core Viewpoint - The conference highlighted the challenges and opportunities in the trust industry amid a low-interest-rate environment, emphasizing the need for strategic transformation and innovation in business models [1][4]. Group 1: Industry Challenges and Responses - The trust industry has faced significant challenges, described as "ice and fire," necessitating a proactive transformation approach [4]. - Since 2021, Kunlun Trust has ceased real estate channel business and government financing platform business, aligning with state-owned enterprise requirements [4][6]. - The company has focused on core responsibilities, particularly in the oil, gas, and energy sectors, to provide comprehensive financial services [6]. Group 2: Business Development and Performance - As of September 30, 2025, Kunlun Trust managed a trust scale of approximately 3,054 billion yuan, with a financial scale of 406.72 billion yuan [6]. - The company has provided funding and services totaling 1,138 billion yuan to the oil and petrochemical industry since its restructuring [6]. - Kunlun Trust has established nearly 20 pension service trusts, covering various asset forms, including funds, insurance policies, and equity [8]. Group 3: Innovation and Future Outlook - The company is developing a standardized asset business under the regulatory framework, with a product matrix covering cash management, pure debt, fixed income, and equity [7]. - Kunlun Trust has initiated nearly 20 knowledge property securitization trusts, totaling 400 million yuan, to support technology-driven SMEs [7]. - Looking ahead, the company aims to align closely with the energy sector, focusing on quality and scale while fostering innovation and collaboration [9].

来源：金融界AI电报 中国人民银行党委委员、副行长陶玲在学习时报刊文指出，为适应改革需要，需要加快推进银行业监督 管理法、商业银行法、保险法、信托法等的修订工作，促进金融机构和金融行业规范健康发展。进一步 深化金融改革开放，修订外汇管理条例，完善外汇和跨境人民币管理体制，加强本外币一体化管理。制 定公司债券管理条例，健全分类趋同、规则统一的债券市场法律制度。推进数字金融新兴领域立法，提 高金融法治与金融实践的适应性。 ...

人才是行业之魂、发展之基。信托业的核心竞争力最终也体现在人才的质量和结构上。当前，转型 期的信托业正面临严峻的人才结构性矛盾，制约着人才价值的充分释放。建立健全信托从业人员标准体 系是行业规范发展的内在要求，更是服务国家战略的必然选择。 构建科学合理的信托人才标准体系，必须坚持正确方向、把政治素质放在人才标准的首位，突出战 略思维，统筹协调和风险把控等核心要素，全面提升从业人员政治素养、专业能力和职业操守。 人才队伍发展的生命力在于体制机制的落地执行。从行业实践与人才成长规律来看，健全的培养、 评价、激励机制是保障人才标准有效实施的关键。在人才培养方面，应构建产学研用协同育人体系，加 强信托机构与高等院校、行业协会的合作，建立有针对性的人才培养基地，开设与信托业务紧密相关的 专业课程，将理论教学与实践操作相结合，培养适应行业发展需要的后备人才。同时，强化在职人员的 继续教育和职业培训，建立常态化的培训机制，围绕业务转型、监管政策、创新技术等重点内容，开展 多层次、多形式的培训活动，促进从业人员知识结构更新和专业能力提升。 我们期待信托公司能够立足行业标准锚定发展方向，推动自身人才培育体系的系统化升级。一方 面 ...

Core Viewpoint - Sichuan Trust has undergone a significant transformation, changing its name to Sichuan Tianfu Trust after five years of risk resolution and bankruptcy reorganization, marking a critical milestone in its recovery process [1][3][4]. Group 1: Company Name Change - Sichuan Trust has officially changed its name to Sichuan Tianfu Trust, with the approval from the National Financial Regulatory Administration's Sichuan Regulatory Bureau [1][3]. - The name change reflects not only a rebranding but also the completion of a five-year risk resolution and bankruptcy reorganization process, indicating a new phase for the company [1][3][4]. Group 2: Risk Resolution and Reorganization Process - The risk issues for Sichuan Trust began in June 2020 when financing enterprises failed to repay trust funds, leading to the inability to distribute several trust products [3]. - By December 2020, Sichuan Trust entered a risk disposal phase, with reports of violations involving the misuse of trust funds [3][4]. - In July 2023, significant progress was reported in the risk disposal work, with intermediary institutions completing due diligence and assessments [3]. - The bankruptcy process was approved in April 2024, with the Chengdu Intermediate People's Court accepting the reorganization case [4]. Group 3: Shareholding Structure Changes - Following the risk resolution, Sichuan Trust's shareholding structure underwent fundamental changes, with a significant portion of shares transferred to new stakeholders [5][6]. - As of August 2023, the shareholding structure includes Shudao Investment Group as the controlling shareholder with 58.63% ownership [6]. Group 4: Integration into Shudao Group - The integration of Sichuan Trust into the Shudao Group marks its transition from a private trust company to a state-owned financial institution [7]. - The rebranding aligns with the Shudao Group's "Tianfu Financial" brand, aiming to enhance financial services and develop specialized business lines [7][8]. Group 5: Industry Context - Sichuan Trust is part of a broader trend in the trust industry, where several companies have undergone name changes following risk management and strategic adjustments [2][9]. - In the past decade, six trust companies, including Sichuan Trust, have rebranded to reflect new ownership and strategic directions [2][9].

Core Insights - The expansion of real estate trust property registration pilot cities in Jiangsu, specifically in Nanjing and Suzhou, aims to enhance the management and transfer of trust assets [1][2] - The notification outlines a clear process for real estate trust registration, addressing the need for a structured framework to ensure asset safety and compliance [2][3] Group 1: Regulatory Framework - The notification specifies the process for trust institutions to conduct real estate trust business, including pre-registration, application for proof documents, registration, and feedback on registration results [2] - The registration process involves collaboration between the trust institution and the real estate registration authority, ensuring that trust-related matters are recorded in the property registration book [2] Group 2: Future Developments - The Jiangsu Financial Regulatory Bureau plans to establish an information-sharing mechanism with relevant provincial departments to guide the pilot areas in standardizing the registration process [3] - The initiative aims to support trust institutions in designing trust service models for various scenarios, including intergenerational inheritance, family services, elderly care, and charitable activities, promoting the standardized and high-quality development of real estate trust business in Jiangsu [3]

Core Insights - The renaming of Sichuan Trust to Sichuan Tianfu Trust marks the conclusion of a risk resolution process and reflects practical progress in the reform of China's trust industry [1] Group 1: Sichuan Trust's Risk Resolution - Sichuan Trust, established in 2010, faced significant challenges after some products defaulted in 2020, leading to regulatory scrutiny and a record fine of 34.9 million yuan in March 2021 for 13 violations [1][2] - The risk resolution process began under the guidance of regulatory authorities and local government, gradually moving towards substantive progress in recent years [1][2] - In December 2023, Sichuan Trust introduced a repayment plan for individual investors, with a state-owned enterprise acquiring trust beneficiary rights at a discount [2] Group 2: Bankruptcy and Restructuring - On April 1, 2024, Sichuan Trust was approved for bankruptcy proceedings, and the company announced it would expedite the subsequent restructuring process [2] - The court concluded the restructuring process in March 2024, allowing Sichuan Trust to retain its trust license, and by September 22, 2024, it was confirmed that the company had transitioned to a state-owned trust institution [2] Group 3: Industry-Wide Risk Management - Sichuan Trust is not the only trust company to enter bankruptcy; Xinhua Trust also entered bankruptcy in June 2022, highlighting a trend among troubled trust companies [3] - Other companies, such as Anxin Trust and New Era Trust, have successfully navigated risk through restructuring or takeover, demonstrating various paths to recovery [3] - The trust industry is gradually establishing a diversified risk resolution system, including commercial equity restructuring and judicial reorganization, which serves as a replicable model for high-risk institutions [5] Group 4: Regulatory Environment and Future Outlook - The State Council has outlined a vision for the trust industry, aiming for effective risk control and orderly business transformation by 2029, with a focus on enhancing legal frameworks and regulatory oversight [5] - Analysts suggest that the trust industry is at a critical juncture, emphasizing the need for a balance between development and safety, and prioritizing risk prevention and management [5]

Core Viewpoint - The renaming of Sichuan Trust to Sichuan Tianfu Trust marks the conclusion of a risk disposal process and highlights tangible progress in the reform of China's trust industry [1][3][4] Company Overview - Sichuan Trust, established in April 2010, has undergone significant changes, including a name change to Sichuan Tianfu Trust as of November 17, 2023 [1][2] - The company has a registered capital of 350 million yuan and operates in Chengdu, Sichuan Province [2] Risk Disposal Process - Sichuan Trust faced significant challenges starting in 2020, with overdue products leading to regulatory scrutiny and a fine of 34.9 million yuan in March 2021 for multiple violations [3] - The risk disposal process began under regulatory guidance and local government support, culminating in a bankruptcy approval in April 2024 [3][4] - The court concluded the restructuring process in March 2024, allowing Sichuan Trust to retain its trust license [4] Industry Context - Sichuan Trust is not the only trust company to enter bankruptcy; Xinhua Trust also entered bankruptcy proceedings in June 2022, highlighting a trend in the industry [5] - Other trust companies, such as Anxin Trust and New Era Trust, have successfully navigated risk through restructuring and management changes [5] - The industry is moving towards a diversified risk disposal system, incorporating commercial restructuring, bankruptcy liquidation, and judicial reorganization [6] Regulatory Environment - In January 2025, the State Council emphasized the need for effective risk management and high-quality development in the trust industry, aiming for a more stable and regulated environment by 2035 [7] - The regulatory focus is on balancing development and safety, with an emphasis on preventing systemic financial risks [7]

Core Insights - The pilot program for real estate trust property registration has been launched in Nanjing and Suzhou, Jiangsu Province, aiming to resolve ownership disputes and invigorate the over 30 trillion yuan trust asset market in China [1][2] - The initiative provides a clear procedural framework for trust institutions, enhancing the clarity of property rights and addressing core concerns regarding asset safety in trust operations [2][4] Group 1: Pilot Program Details - Jiangsu Province's pilot program is a significant step beyond previous single-location trials, establishing a dual-city approach that demonstrates a coordinated effect [1] - The registration process involves a closed-loop workflow: pre-registration of trust products, application for proof documents, registration of trust property, and feedback on registration results [1] - The registration will ensure that trust-related matters are recorded in the property registry, facilitating the management of trust assets throughout their lifecycle [1] Group 2: Industry Implications - As of June 2025, the total trust asset management scale reached 32.43 trillion yuan, reflecting a year-on-year growth of 20.11%, positioning the trust industry as a key financial sector [4] - The lack of a long-term property registration system has been identified as a bottleneck for industry development, necessitating legislative improvements to clarify operational rules and integrate with existing property registration systems [4] - The pilot program is expected to support the development of diverse trust service scenarios, including family trusts, elder care, and charitable services, promoting high-quality growth in the real estate trust business [2][4]

这场由证券时报社主办的年度金融盛会，将汇聚来自银行、证券、保险、信托、期货等领域的数百位行业领袖，通过 六大专业论坛，共同探寻金融业高质量发展新路径。 很轻巅 分 万博3C合议 作者 ad 证券出版 ( ) 2000 0 图画照APP 图画家号 今日头条 0 微视 sino MANE O MM 4 en 网易新闻 KE 11月19-20日 中国·深圳 会议议程 11月19日 周三 9号馆 活动A区 09:00-10:20 ● 第十九届深圳国际金融博览会 2025金融科技大会开幕式 10:30-11:30 ● 2025中国金融机构年会 9号馆 活动B区 金融精英汇聚鹏城，行业领袖共议金融强国建设！ 11月的深圳，风起南海，潮涌珠江。这座将举办2026年APEC会议的创新之都，即将迎来一场金融界的思想盛宴——第 十九届深圳国际金融博览会暨2025中国金融机构年会将于11月19日至21日在深圳会展中心(福田)隆重举行，这也是两大 品牌活动首次强强联合。 13:30-17:30 ● 2025中国金融机构年会 暨2025中国银行业年会 11月20日 周四 9号馆 活动B区 09:30-11:40 ● 2025中国金融机 ...