Core Viewpoint - Huasin Trust has made significant progress in risk disposal, with a clear plan for the acquisition of trust beneficiary rights for individual investors by Dalian Anding by September 25, 2025 [2][3][5]. Group 1: Announcement Details - Huasin Trust announced the acquisition of trust beneficiary rights for eligible individual investors, with Dalian Anding as the restructuring party [5][7]. - The acquisition is limited to individual investors holding specific trust products, and the signing process will occur by the specified deadline [7][8]. - The announcement outlines the necessary materials for signing and the procedures for both on-site and non-site signing [7][8]. Group 2: Market Implications - The acquisition of beneficiary rights is seen as a critical step for restoring market confidence and stabilizing the financial market [8][10]. - The restructuring indicates a focus on protecting individual investor rights, which is a sensitive aspect of trust risk disposal [6][8]. - The involvement of Dalian Anding, a company backed by local state-owned financial capital, provides essential support for the risk disposal process [9][10]. Group 3: Historical Context and Financial Performance - Huasin Trust has faced ongoing risk disposal challenges since being classified as a high-risk trust company in 2019, with multiple product delays and a significant decline in financial performance [11][13]. - The company reported a revenue drop from 23.11 billion in 2016 to 5.73 billion in 2019, with a net profit shift from over 8 billion to a loss of 1.52 billion in the same period [13].

Core Viewpoint - The article discusses the establishment of a risk resolution platform by the state-owned enterprise Dalian Jinyun to acquire the trust rights of individual investors in Huaxin Trust, aiming to mitigate risks after a prolonged period of waiting and partial repayments [1][2]. Summary by Sections Risk Resolution Platform Established - Dalian Anding Enterprise Management Co., Ltd. will acquire eligible individual investors' trust rights by September 25, 2025, as part of a risk disposal arrangement [4][5]. - The acquisition is limited to individual investors holding specific trust plans, excluding institutional investors [5]. Background of Dalian Jinyun - Dalian Anding was established on July 31, 2025, with a registered capital of 1 million yuan, fully owned by Dalian Jinyun, which was founded in 2022 with a registered capital of 10 billion yuan [5]. Legal and Operational Considerations - The establishment of Dalian Anding is seen as a strategic move for risk isolation and operational flexibility, allowing for focused asset acquisition and contract negotiations [6]. - This structure aligns with local government responsibilities for risk management and provides a model for future financial institution risk resolution [6]. History of Huaxin Trust - Huaxin Trust was listed among six high-risk trust companies by the former China Banking and Insurance Regulatory Commission at the end of 2019 due to issues like "fund pools" and related party transactions [8]. - The company faced significant liquidity challenges after the suspension of its "fund pool" business in April 2020, leading to the public disclosure of risks involving 7.078 billion yuan of social investor principal [8][10].