10月9日，北京商报记者注意到，中国信托业协会官网日前发布《2024—2025中国信托业社会责任报告》（以下简称《报告》），旨在强化信托业社会责任 意识，促进信托业与经济社会和谐发展。 《报告》对2024年信托行业的整体数据进行了披露。《报告》显示，截至2024年末，全行业67家信托公司受托管理信托资产规模达29.56万亿元，创历史新 高。报告期内，信托行业全年实现经营收入940.36亿元，利润总额230.87亿元，出现明显"一升一降"。 而在"三分类"等新规指引下，信托行业加速转型，也带来了信托业务结构持续优化、传统高收益业务萎缩等变化。有从业机构指出，在行业整体转向"轻资 本运营、重受托服务"的过程中，对信托公司经营的评价或更应关注其转型类业务发展及业务结构的优化。 2024年信托行业利润接近"腰斩" 在行业概况部分，《报告》对信托行业的发展现状进行了介绍。数据显示，截至2024年末，经批准设立的信托公司共有67家，从业人员约1.8万人。行业受 托管理信托资产规模总计29.56万亿元，创历史新高。 作为信托公司最重要的主动管理型业务之一，资金信托在"三分类"新规要求下被划入资产管理信托范畴。《报告》显示， ...

根据《报告》，信托业管理的22.25万亿元资金信托中，28.81％直接投向实体经济领域，另有46.17％通 过资本市场间接支持实体经济，二者合计规模达16.68万亿元，基本涵盖了实体经济各个行业，充分体 现了信托业服务实体经济的力度和广度。 《报告》最新披露，截至2024年末，信托公司员工总数达17884人，较2023年增加321人。同时队伍结构 呈现"年轻化、专业化"特征。其中，40岁及以下员工占比超六成，体现出信托业以中青年从业人员为中 坚力量。 （原标题：信托业年度"责任答卷"出炉，迈入价值提升新阶段） 在服务实体经济与践行社会责任的道路上，中国信托业正凭借务实的行动力，书写着高质量发展的新篇 章。日前，中国信托业协会发布的《2024—2025中国信托业社会责任报告》（以下简称：《报告》）显 示，信托业在资产规模、慈善信托等方面取得显著进展，已从"规模恢复"迈向"价值提升"新阶段。 这是中国信托业协会自2013年起连续编制发布的第13份行业社会责任报告。《报告》显示，2024年信托 业坚决贯彻落实中央金融工作会议部署，着力发挥信托制度功能和优势，深耕主责主业，围绕"五篇大 文章"持续开拓创新，坚持服务实 ...

文 | 银行螺丝钉 （转载请注明出处） 基金投顾，顾名思义，就是基金的投资顾问。 很多行业都有顾问，特别是一些专业性很强的行业。 例如， 基金投资也是如此。 是如何通过"投"和"顾"，帮助投资者获得好收益的呢？ 这里有一门限时免费的福利课程，介绍了基金投顾的方方面面。 基金投顾的诞生，正是为了解决基金行业存在的"基金赚钱，基民不赚钱"的问题。 那么，基金投顾有哪些优势？ 想要获取这个课程，可以添加下方「课程小助手」，回复「 基金投顾 」领取哦～ 更有课程笔记、思维导图，帮您快速搞懂课程脉络，学习更高效。 • 看病吃药，需要医生，医生就是顾问； • 有法律问题，需要律师，律师也是顾问。 套餐投顾景什么? 载什么情用? 长按添加@课程小助手,回复「基金投顾」 免费领取《螺丝钉基金投顾入门课》课程 更有课程笔记、思维导图,帮你快速了解基金投顾 基金有风险,投资需谨 #螺丝钉小知识 家族信托在财富管理和传承方面，有着不 可替代的重要作用，可以帮助打破"富不 过三代"的魔咒。 那么,家族信托是怎么来的呢? 家族信托是一个舶来品，由西方国家传入 到我国。 信托的英文单词是「trust」，信任、托付 的意思。 信托的起源比 ...

未来，山东国信将始终践行金融为民宗旨，恪守"受益人利益最大化"原则，坚持以人民为中心的发展思 想融入产品创新与客户服务全过程，以专业能力精准响应需求，以严格风控保障财产安全，真正成为人 民群众信赖的财富管理与传承者。(CIS) 分时图 日K线 周K线 月K线 0.40 -0.01 -3.61% 3.61% 1.20% 1.20% 1.20% 1.20% 1.20% 3.61% 0.40 0.41 0.41 0.41 0.42 0.42 0.43 09:30 10:30 12:00/13:00 14:00 16:10 0 8万 16万 24万 近日，"2025保险业、信托业高质量发展大会暨第四届信托业金牛奖颁奖典礼"在北京举行。本届金牛奖 首次设立家族信托专项荣誉，山东国信凭借在财富管理服务领域的专业深耕，成为唯一获此殊荣的区域 型信托公司。这也是山东国信第四次摘得信托业金牛奖。 山东国信 作为国内最早开展家族信托业务的信托公司之一，家族信托是山东国信长期坚持和重点开展的战略性业 务。公司坚持"长期价值最大化"理念，以战略定力与业务前瞻系统推进专业能力建设，逐步构建起专业 领先、运行稳健、产品多元、流程高效的业 ...

Core Viewpoint - The 2024-2025 China Trust Industry Social Responsibility Report highlights the trust industry's commitment to social responsibility and its transformation towards high-quality development, emphasizing its role in supporting the real economy and enhancing people's lives [1][3]. Group 1: Industry Transformation and Development - Since its restoration in 1979, the trust industry has evolved from "scale expansion" to "compliance development," and now to "high-quality development," becoming a significant financial force in serving the real economy [3]. - The trust industry is set to deepen its new classification regulations in 2024 and enter a new phase of high-quality development by 2025 [3]. Group 2: Social Responsibility Achievements - The report outlines achievements in social responsibility across eight areas: party building, livelihood, economic, legal, environmental, public welfare, human-centered, and responsibility management [3]. - By the end of 2024, the trust industry managed a total trust asset scale of 29.56 trillion yuan, a year-on-year increase of 23.58% [4]. Group 3: Financial Support for the Real Economy - Of the 22.25 trillion yuan in funds managed by the trust industry, 28.81% was directly invested in the real economy, while 46.17% supported it indirectly through capital markets, totaling 16.68 trillion yuan [4]. - In 2024, the trust industry allocated 1.6 trillion yuan to inclusive finance, established 1,148 pension service trust projects with an investment of 14.493 billion yuan, and funded 289 rural revitalization projects with 4.304 billion yuan [5]. Group 4: Charity and Green Development - The charity trust sector saw a total of 2,244 registered cases with a cumulative scale of 8.507 billion yuan by the end of 2024, with new registrations increasing by 18.72% year-on-year [5]. - The green trust sector experienced rapid growth, with 390 new projects and a new scale of 177.944 billion yuan, bringing the total to 325.388 billion yuan [5]. Group 5: Talent Development - The trust industry emphasizes talent as a core driver of high-quality development, with a total workforce of 17,884 employees by the end of 2024, over 60% of whom are under 40 years old [6]. - The proportion of employees with master's degrees or higher is steadily increasing, reflecting the enhancement of talent quality within the industry [6]. Group 6: Future Outlook - The trust industry aims to continue enhancing its ability to serve national strategies and improve people's lives while maintaining a focus on compliance and innovation [6].

Core Viewpoint - The establishment of family trusts by actual controllers of A-share listed companies faces significant challenges, including high tax burdens, transfer issues, and potential changes in control. However, with careful structural design, these trusts can achieve asset isolation and wealth succession, representing a complex "operating system" for family wealth management [2][3]. Group 1: Challenges in Wealth Succession - The lack of effective wealth succession planning can lead to four major potential harms for listed companies, including negative impacts on stock prices and investor confidence due to unstable control [4][5]. - Family disputes arising from succession failures can severely affect company operations and management, often leading to litigation and potential business dissolution [5][6]. - Risks associated with marriage and asset isolation are critical concerns, especially for the next generation, as marital disputes can threaten family business control [6][8]. Group 2: Successful Family Trust Case Study - The case of Puyang Huicheng illustrates a successful family trust structure that maintains control over the listed company while ensuring wealth transmission and isolation from personal liabilities [12][14]. - The trust structure involves a layered approach with a family trust at the top, followed by a limited partnership, and a holding company, effectively separating control and economic benefits [12][13]. - This design allows the actual controllers to retain decision-making power while transferring significant economic interests to the trust, thus complying with regulatory requirements and avoiding triggering a change in actual control [14][15]. Group 3: Regulatory and Structural Obstacles - Establishing family trusts for listed companies faces six major regulatory challenges, including compliance with securities laws and the need for clear ownership structures during IPOs [15][17]. - Tax planning is crucial in determining the most efficient structure for trust establishment and share injection, aiming to minimize tax burdens while adhering to regulatory frameworks [18]. - The differences in regulatory requirements between A-share and New Third Board companies necessitate tailored approaches for each case, emphasizing the importance of individual analysis [18][19]. Group 4: Advantages and Limitations of Family Trusts - Family trusts offer four key advantages: they provide mechanisms to address unexpected risks, isolate assets from external disputes, facilitate smooth transitions to the next generation, and enable tax-efficient wealth transfer [21][22]. - However, the establishment of a family trust is only the beginning of the succession process, and additional governance and management structures are necessary to ensure long-term stability and effectiveness [22][25]. - The successful management of family wealth requires addressing numerous governance issues, including decision-making processes, succession planning, and conflict resolution among family members [26][28]. Group 5: Conclusion and Future Directions - The establishment of trust structures is a complex endeavor that requires a deep understanding of legal, financial, and family governance dynamics [28][29]. - The real challenge lies in translating legal frameworks into effective governance mechanisms that align family interests with professional management needs [29].

Core Viewpoint - The private banking business of several joint-stock banks in China has shown strong growth momentum in the first half of 2025, with significant increases in both asset management scale (AUM) and client numbers compared to the end of last year [1][2]. Group 1: Private Banking Performance - Among 12 joint-stock banks, 6 disclosed their private banking AUM and client numbers, with a total AUM of 4.65 trillion yuan as of June 30, 2025, up 4.49% from 4.45 trillion yuan at the end of last year [2]. - The total number of private banking clients for these banks reached 315,700, reflecting a growth of 7.53% compared to the end of last year [2]. - Notably, Minsheng Bank reported an AUM growth of 11.79% and a client number increase of 12.84%, while Zhejiang Commercial Bank saw AUM growth of 13.26% and client number growth of 15.52% [2]. Group 2: Strategies for Growth - Zhejiang Commercial Bank has implemented four key strategies to enhance its private banking business: 1. Strengthening the private banking system and upgrading service frameworks since 2024 [3]. 2. Expanding client acquisition channels through targeted activities for specific demographics, such as senior clients, and enhancing cross-border service capabilities [3]. 3. Focusing on family office services, which have seen significant growth in coverage and scale since 2024 [3]. 4. Expanding the range of customized and multi-strategy products to improve client asset allocation success rates [3]. Group 3: Family Trust and Office Business - Joint-stock banks are increasingly investing in family trust and family office services, with CITIC Bank emphasizing a comprehensive solution for ultra-high-net-worth clients [4]. - Zhejiang Commercial Bank's family office services are a core part of its private banking strategy, leveraging an expert service system and a fully online management system [4]. - In the first half of 2025, Zhejiang Commercial Bank signed 692 family trust agreements, adding 5.6 billion yuan in managed assets, and has successfully launched 62 elder care service trusts, marking a significant step towards scalable development in this area [5].

Core Insights - The central financial work conference emphasizes the importance of five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance, guiding the high-quality development of the financial sector [1] Group 1: Wealth Management Industry - The wealth management industry plays a crucial role in supporting the real economy and enriching financial product offerings [1] - Wealth management institutions must focus on customer needs to achieve their business goals, with the potential for significant market capacity in China [2][3] - The future of the wealth management industry will see increased efficiency through smart technology, with 24-hour service becoming feasible due to online platforms [3] Group 2: Challenges and Innovations - The industry faces challenges from market and customer changes, including pessimistic market expectations and a decline in trust towards wealth management services [6] - Innovations such as buy-side advisory and smart transformation are expected to disrupt the industry, shifting focus from products to client needs [6][8] Group 3: Family Business Wealth Transfer - Family businesses face risks in wealth transfer, including a lack of succession plans and inadequate structured arrangements [9] - The demand for family offices is increasing, driven by family needs, with a focus on professional expertise in investment, risk management, and family governance [8] - High-net-worth individuals are shifting their investment strategies from high-risk, high-return to diversified and globalized approaches [8]

Core Insights - The private banking sector has shown remarkable growth in the first half of 2025, becoming a standout area within the wealth management segment of banks despite a complex economic environment [1][4] - The total number of private banking clients across 15 banks exceeded 1.63 million, with an increase of nearly 150,000 clients, reflecting a growth rate of over 10% [1][4] - Major banks have reported significant increases in Assets Under Management (AUM), with Agricultural Bank leading at 3.5 trillion yuan, followed closely by Bank of China and China Construction Bank [2][4] Growth Metrics - Private banking AUM for Agricultural Bank reached 3.5 trillion yuan, up 11.11% from the previous year, with client numbers increasing by 23,000 to 279,000 [4][5] - Bank of China reported AUM of 3.4 trillion yuan and 216,900 clients, while China Construction Bank's AUM grew to 3.18 trillion yuan with a 14.39% increase [4][5] - The private banking sector is experiencing a shift from rapid expansion to a focus on deepening client relationships and enhancing service quality [1][5] Client Segmentation and Services - Banks are increasingly focusing on ultra-high-net-worth clients and diversifying their service offerings, including family trusts and retirement financial planning [1][8] - Citic Bank has reported a 40.96% increase in ultra-high-net-worth clients, while Everbright Bank is targeting families, women, and business owners with tailored services [7][8] - Family trusts have become a key area of growth, with Everbright Bank's family trust assets increasing by 56.12% year-on-year [8] Revenue Generation and Business Model - The establishment of private banking centers is accelerating, with China Construction Bank setting up 248 centers and Bank of China 205 centers, enhancing client retention and AUM [10][11] - Private banking is becoming a significant contributor to banks' intermediary income, with Beijing Bank reporting a 16.89% increase in product sales, driving a 17.77% rise in intermediary income [10][11] - The focus on personalized services and data-driven client profiling is expected to further enhance revenue streams for banks [11]

Core Viewpoint - The private banking sector has shown remarkable growth in the first half of 2025, becoming a standout area within the wealth management segment of banks, despite a complex economic environment [1]. Group 1: Growth Metrics - As of June 2025, the total number of private banking clients across 15 banks exceeded 1.63 million, with an increase of nearly 150,000 clients, representing a growth rate of over 10% [1]. - Major banks like Agricultural Bank, Bank of China, and China Construction Bank reported AUM exceeding 3 trillion yuan, with Agricultural Bank's AUM reaching 3.5 trillion yuan, a growth of 11.11% year-on-year [3]. - The AUM of Industrial Bank surpassed 1 trillion yuan for the first time, joining the "trillion club" among joint-stock banks [1][3]. Group 2: Client Quality and Strategy - Despite high growth in scale, the average asset per client has generally declined, indicating a shift from rapid expansion to a focus on deeper client engagement and service quality [4]. - Banks are increasingly targeting ultra-high-net-worth clients and enhancing services such as family trusts and retirement financial planning to differentiate themselves in a competitive market [1][5]. Group 3: Service Innovations - Private banks are moving beyond traditional product sales to more refined customer operations, focusing on precise segmentation and embedding services into clients' daily lives [6]. - For instance, China CITIC Bank has launched a dedicated service brand for ultra-high-net-worth clients, achieving a 40.96% increase in this segment [6]. - Family trusts have become a key area of focus, with several banks reporting significant growth in this service, such as Everbright Bank's family trust business growing by 56.12% year-on-year [7]. Group 4: Revenue Generation - The private banking sector is increasingly contributing to banks' intermediary income, with Beijing Bank reporting a 16.89% increase in product sales, directly boosting its intermediary income by 17.77% [9]. - Construction Bank's net income from fees and commissions reached 65.218 billion yuan in the first half of the year, reflecting a year-on-year growth of 4.02% [10].