Core Viewpoint - Huaxin Trust is urging individual investors to sign contracts for the transfer of trust beneficiary rights before the deadline of September 25, 2025, as part of a risk disposal plan involving Dalian Anding Enterprise Management Co., Ltd [1][2] Group 1: Contract Signing Progress - The signing process for the transfer of trust beneficiary rights has been progressing smoothly, with over 3,200 individual investors and more than 5 billion yuan in trust funds involved [2] - As of early September, over 2,000 investors had reportedly signed the agreement [2] - Huaxin Trust has communicated the urgency of signing through various channels, warning that failure to sign by the deadline will be considered a voluntary waiver of the opportunity [1][2] Group 2: Investor Concerns - Some investors have expressed concerns regarding the signing agreement and future payment plans, particularly about potential risks related to the transfer amount if Huaxin Trust is declared bankrupt [2] - Investors are seeking more details on the key terms of the agreement due to these concerns [2] Group 3: Company Background and History - Dalian Anding Enterprise Management Co., Ltd. was established on July 31, 2025, with a registered capital of 1 million yuan, and is primarily engaged in the financial industry [2] - The sole shareholder of Anding Company is Dalian State-owned Financial Capital Management and Operation Co., Ltd., which is fully owned by the Dalian Municipal Finance Bureau and has a registered capital of 10 billion yuan [2] - Huaxin Trust has been under risk disposal measures since being classified as a high-risk trust company by the former CBIRC at the end of 2019 [2][3]

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 - Huaxin Trust is undergoing a significant risk disposal process, with a formal announcement regarding the acquisition of trust beneficiary rights from individual investors by Dalian Anding Enterprise Management Co., Ltd. by September 25, 2025 [1][2] Group 1: Company Background - Huaxin Trust was established in 1981 and is the largest shareholder of Datong Securities, being the only trust company in Liaoning Province [1] - The company was listed as one of the six high-risk trust companies by the former China Banking and Insurance Regulatory Commission at the end of 2019 [2] Group 2: Risk Management and Financial Performance - In April 2020, Huaxin Trust was ordered to cease its "fund pool" business, and by September of the same year, it had issued 27 announcements regarding the postponement of payment for collective trust products [2] - The company has not disclosed financial reports since 2019, with total assets reported at 12.376 billion yuan and trust assets under management at 61.58 billion yuan as of the end of 2019 [2] - The company experienced a 50% decline in operating income to 573 million yuan, and net profit shifted from over 800 million yuan in profit to a loss of 152 million yuan [2] Group 3: Current Developments - The announcement specifies that eligible individual investors holding beneficiary rights in certain trust plans can sign contracts for the transfer of rights, with a unified acquisition process [1] - The signing will take place at Huaxin Trust's business hall in Dalian, with both on-site and off-site signing options available [1]

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].