*ST金科日前官宣完成司法重整，这桩房地产行业迄今最大的重整案终于落定，也将破产重整服务信托 这一业务再次拉回大众视线。 21世纪经济报道 杨梦雪 在企业破产重整中引入信托制度始于2019年渤海钢铁重整案。自信托三分类实施以来，行业对资产服务 信托下的诸多信托业务品种进行了探索，破产重整服务信托也是其一。近年来布局此业务的信托公司数 量陆续增加，破产重整服务信托也迎来了增长，有行业人士表示当前市场对此类业务的需求仍在持续扩 大。 随着越来越多案例的落地，这一业务模式也由此前的试水和探路逐渐向成熟的业务模式发展。破产重整 服务信托在企业破产重整的过程中是如何运作的？面对复杂的破产重整工作，信托能发挥哪些作用，又 面临哪些展业难点？ 从较为宏观的数据来看，破产重整服务信托所属的风险处置服务信托的规模在资产服务信托中并不算 低。 据信托业协会披露的各类资产服务信托规模，截至2025年6月末，财富管理服务信托规模为4.37万亿 元，行政管理服务信托为2.80万亿元，风险处置服务信托为2.60万亿元，资产证券化服务信托为1.43万 亿元。 在微观的"体感"上，也有从业人士坦言，目前市场对破产重整服务信托的需求仍在持续扩 ...

Core Insights - The annual reports of trust companies have been released, revealing that 56 companies have disclosed their operational data, with 5 companies managing over 1 trillion yuan in trust assets by the end of 2024 [1] - The top 5 trust companies by asset management scale are China Resources Trust, CITIC Trust, Foreign Trade Trust, China Construction Trust, and Yingda Trust, with asset sizes of 2.68 trillion yuan, 2.62 trillion yuan, 2.15 trillion yuan, 1.47 trillion yuan, and 1.09 trillion yuan respectively [1] - China Resources Trust reported a net profit of 2.55 billion yuan in 2024, with a slight increase in trust asset scale of 3.07% to 2.68 trillion yuan, 86.61% of which is invested in the securities market [1] - CITIC Trust achieved an operating income of 5.38 billion yuan in 2024, with a net profit of 2.65 billion yuan, and has a significant portion of its trust assets in asset service trusts and asset management trusts [2] - Foreign Trade Trust reported an operating income of 2.52 billion yuan and a net profit of 643 million yuan in 2024, with 85.25% of its trust assets invested in the securities market [2] Company Summaries - China Resources Trust focuses on securities trust business, with a strategic plan called "656" that includes six business directions and six construction initiatives aimed at enhancing core capabilities [1] - CITIC Trust has seen growth in its bankruptcy reorganization service trusts, contributing significantly to its asset scale, and has won major risk disposal service trust projects [2] - Foreign Trade Trust aims to deepen business transformation and enhance professional capabilities, focusing on asset service trusts, asset management trusts, and charitable trusts [2]

在金融机构加大对民营企业支持的当下，信托公司如何服务民营企业？接受《金融时报》记者采访 的业内专家表示，在高质量发展阶段，虽然宏观环境仍然面临不确定性，但也给信托业未来发展带来新 机遇。 主动服务科技领域 邢成表示，风险处置服务信托是信托公司转型业务之一，能够助力相关企业厘清治理结构，稳定企 业的正常化经营，为企业走出经营困境、债权人实现债务有序清偿奠定良好基础。 深圳某半导体公司在科创板上市，通过信托公司在资本市场的丰富经验和紧密合作，顺利完成了该 企业核心员工的战略配售业务。《中国信托业发展报告（2024）》显示，2023年以来，包括华润信托、 中航信托、陕国投信托、外贸信托等在内的超40家信托公司作为有限合伙人参与股权投资，出资总额超 过320亿元。 精准用好信托工具 在信托行业新"三分类"中，资产服务信托为一个大类，包括财富管理和风险处置服务信托等，分别 对应多个不同业务品种和服务。此外，信托公司可以借助公益慈善信托，为民营企业实现社会责任提供 信托工具。 "民营企业家面临多重挑战，尤其是从'创一代'到'创二代'的传承阶段，家庭财产权益保障、财富传 承以及企业传承变得尤为重要。研究和解决这些问题不仅有 ...

Group 1 - The core viewpoint of the articles highlights the performance and strategic directions of various trust companies in the industry, particularly focusing on their asset management scales and profit figures [1][2][3] Group 2 - As of December 31, 2024, five trust companies manage over 1 trillion yuan in trust assets, with three exceeding 2 trillion yuan: China Resources Trust (2.68 trillion yuan), CITIC Trust (2.62 trillion yuan), and Foreign Trade Trust (2.15 trillion yuan) [1] - China Resources Trust reported a net profit of 2.55 billion yuan in 2024, with a slight increase in trust assets by 3.07% to 2.68 trillion yuan, 86.61% of which is invested in the securities market [1] - CITIC Trust achieved total revenue of 5.38 billion yuan in 2024, with a net profit of 2.65 billion yuan, and its trust asset balance reached 2.62 trillion yuan, benefiting significantly from bankruptcy restructuring service trusts [2] - Foreign Trade Trust reported a revenue of 2.52 billion yuan and a net profit of 643 million yuan in 2024, with 85.25% of its 2.15 trillion yuan in trust assets allocated to the securities market [2] - Some smaller trust companies, such as Zhongtai Trust, Changcheng Xinsong Trust, and Huachen Trust, have asset management scales below 10 billion yuan, with significant declines in their asset management sizes [3]