在资产管理信托领域，与会人员围绕近期的一系列行业新动向进行探讨。中诚信托董事会秘书王玉 国表示，行业已从融资功能主导转向资产管理与财富管理双轮驱动，投研体系化建设、风险管理精细化 成为核心竞争力。信托公司需立足"受托人核心定位"，全面拥抱资本市场，在资产创设、产品组合、财 富管理等环节形成差异化竞争优势。上海信托战略发展总部负责人付宇翔结合低利率市场环境分享了在 立体化产品线构建、机构协同与资产配置方面的实践经验，认为财富管理与资产管理的循环驱动是破局 关键。对于未来业务的发展方向，与会人员一致认为，提高主动管理能力，是行业发展的必由之路，接 下来应将标品资产的稳定收益作为打底，叠加非标资产的增值空间，形成差异化产品竞争力。 在资产服务信托领域，业内人士围绕财富传承、养老服务、基层治理等场景的创新实践展开交流， 凸显了服务信托作为行业本源业务的广阔前景。外贸信托从事一线业务的专业人士分享了场景服务信托 的探索成果："我们聚焦城商银行、农商银行客群需求，创设财富传承、养老特需、基层治理等应用场 景，通过家庭信托、物业服务信托等工具，帮助合作机构拓展客群、提升黏性。"据介绍，近期推出的 养老服务信托，通过长期资金 ...

Core Viewpoint - The establishment of the first property service trust in Nanjing aims to enhance transparency and accountability in property management by segregating property fees and public revenues, addressing the prevalent issues of fund supervision in the industry [1] Group 1: Project Overview - The property service trust project was launched in the Qinhai District of Nanjing, specifically in the Pingshi Street community [1] - The project involves the creation of an independent trust account to ensure that property fees and public revenues are managed separately and transparently [1] - The collaboration includes Jiangsu International Trust Co., the local community, Baoshihua Property Company, and Ningbo Bank [1] Group 2: Operational Mechanism - The trust structure designates the homeowners' association as the principal, the trust company as the trustee, the property company as the executor, and all homeowners as beneficiaries [1] - A dedicated trust account is established by Jiangsu Trust to manage property fees and public revenues, ensuring funds are used specifically for property management [1] - The property company receives compensation based on an agreed percentage, promoting financial transparency and risk isolation [1] Group 3: Benefits and Impact - This initiative aims to protect homeowners' rights from the outset, ensuring fund safety and designated usage [1] - The introduction of a third-party supervision mechanism is expected to encourage property service companies to improve service quality [1] - The project effectively isolates community funds from the property company and homeowners' committee, enhancing accountability [1]

Core Insights - The introduction of property service trusts in Shanxi Taiyuan marks a significant innovation in the property management sector, following a similar initiative in Beijing [1][2] - The implementation of the "Three Classification New Regulations" has facilitated the categorization of property service trusts under asset service trusts, enhancing the operational framework for these services [1][4] - The property service trust model aims to improve transparency, governance, and service quality in property management, addressing long-standing issues in the sector [3][10] Group 1: Property Service Trust Implementation - Shanxi Trust and Taiyuan's Yingze District have launched the "Jinxiang Sunshine" property service trust, which collects all public funds into a trust account for better financial management [1][3] - Chengdu's Wuhou District has successfully implemented a property service trust 2.0 model, enhancing management of old residential areas and increasing resident satisfaction [2][3] - The "Golden No. 1 Chengdu Changshou Garden Old Residential Area Property Service Trust" is noted as the first property service trust following the new regulations, showcasing a shift towards community-focused governance [2][3] Group 2: Advantages of Property Service Trusts - The property service trust model separates management rights and income rights, fostering a new trust relationship between homeowners and property companies [4][6] - This model enhances fund transparency and efficiency in supervision, allowing homeowners to monitor fund usage in real-time [6][10] - The introduction of community fund and service trust platforms has proven effective in managing resources and improving service delivery in underfunded areas [9][10] Group 3: Future Prospects and Developments - The trust industry is expected to see significant growth in administrative service trusts, with a reported scale of 18,176.79 billion yuan in 2024 [5] - The successful cases of property service trusts indicate a positive cycle where improved services lead to higher fee collection rates from residents [8][10] - Shanxi Trust plans to expand its service trust product offerings to include community micro-upgrades and elderly care, aiming to enhance the quality of life for residents [11]