Core Viewpoint - Shandong Guoxin, the only H-share listed trust company in mainland China, reported stable performance in the first half of 2025, achieving a total operating revenue of 634 million yuan, a year-on-year increase of 7.8%, and a net profit of 167 million yuan, which remained basically flat compared to the previous year [2] Group 1: Financial Performance - Shandong Guoxin's performance outperformed the overall industry, with 53 trust companies reporting a total operating revenue of 31.59 billion yuan, a year-on-year decline of 1.98%, and a net profit of 16.37 billion yuan, down 2.83% [3] - The company explained that the decrease in net income from fees and commissions and the increase in credit impairment losses were offset by gains from fair value changes and investment income [3] Group 2: Revenue Breakdown - In the first half of 2025, Shandong Guoxin achieved trust business income of 228 million yuan and proprietary business income of 406 million yuan, representing 35.9% and 64.1% of total revenue, respectively [4] - The proportion of trust business income decreased compared to the same period last year, while the share of proprietary business income increased significantly, aligning with industry trends [4] - The increase in proprietary business income was primarily due to fair value gains rising from 242 million yuan in the first half of 2024 to 319 million yuan in the first half of 2025, and investment income increasing from 42 million yuan to 84 million yuan [4] Group 3: Business Growth - The family trust business of Shandong Guoxin showed robust growth, with the scale of family trust in force reaching 61.93 billion yuan, a 19.3% increase from the beginning of the year [5] - The company successfully launched the first special needs service trust in Shandong province and expanded into innovative trust structures [5] - In the charitable trust sector, Shandong Guoxin achieved steady growth, with cumulative delivery amounts reaching 18.9 million yuan, a 16.7% increase from the beginning of the year [5] Group 4: Local Economic Support - As of the end of the first half of 2025, Shandong Guoxin's trust scale directed towards Shandong province reached 33.89 billion yuan, with "investment into Shandong" trust scale at 17.65 billion yuan [6] - The company established a service trust department and launched innovative financial service scenarios, including the "Rui Sheng Series" account management service trust [6] - The green trust scale reached 4.23 billion yuan, a year-on-year increase of 22.4%, supporting enterprises in achieving green and intelligent upgrades [6]

从智能网联汽车到空天经济，从半导体与集成电路制造到具身智能机器人，这些引领未来发展的领 域有一个共同标签——新型工业化。 何谓新型工业化？在业内人士看来，新型工业化是在信息化、自动化、智能化的背景下，通过技术 创新和产业升级实现的工业生产方式的变革。 近日，中国人民银行等七部门联合印发《关于金融支持新型工业化的指导意见》（以下简称《指导 意见》），强调加强金融支持新型工业化能力建设，旨在提升金融服务新型工业化效能。 作为我国金融体系的重要组成部分，信托业在服务实体经济方面具有重要作用。中国信托业协会发 布的《2024年度中国信托业发展评析》显示，2024年，信托业将22.25万亿元资金信托中占比28.81%的 资金直接投向实体经济部门，并通过证券市场将占比46.17%的资金间接支持实体经济部门，两者合计 资金量达到16.68万亿元。 在此背景下，聚焦新型工业化，信托公司可以怎样做？ 产融结合 回归本源 赋能科技 推动创新 科技创新是新型工业化的核心动力，而长期资本的注入则是科技企业成长的关键支撑。 值得注意的是，《指导意见》提到要"引入长期资金和发展耐心资本，加快科技成果转化""推动社 会资本投早、投小、投长 ...