July 25, 2012, Zhongrong International Trust Co.,Ltd. successfully launched “Zhongrong-rong’an NO.1 right trust”and “Zhongrong-rong’an No.2 right trust”. The issuing size was no more than CNY 300 million.
Founded in 1987, Zhongrong International Trust is a financial institution approved by China Banking Regulatory Commission, principally engaged in bank-trust cooperation, equity income trust, private equity investment trust, securities investment trust, real estate trust, ming & energy trust, artwork investment trust, high-end client asset management. The company had been at the forefront of the industry by its large-scale asset management of CNY 70.8 billion, 132.3 billion, 182 billion and 178.4 billion during 2008 to 2011.
Jingtian & Gongcheng acted as the issuer’s lawyer.