1. It has articles of association that comply with the Company Law of People's Republic of China (PRC) and the provisions of the People's Bank of China.

2. Shareholders who meet the requirements of the People's Bank of China.

3. Having the minimum registered capital stipulated by the trust and investment management company (not less than RMB 300 million, and not less than USD 65.438+0.5 million for foreign exchange business).

4. There are senior managers who meet the qualifications stipulated by the People's Bank of China and trust practitioners who are suitable for their business.

5. It has a sound organizational structure, operating rules for trust business and risk control system.

6. Having business premises, safety precautions and other business-related facilities that meet the requirements.

7. Other conditions stipulated by the People's Bank of China.

8. The establishment of trust and investment companies shall be reviewed by the People's Bank of China according to the needs of economic development and the situation of the trust market.

The concept of trust institution:

A trust institution refers to a unit entrusted to engage in trust and investment business. According to the Interim Provisions on the Administration of Financial Trust and Investment Institutions issued by the People's Bank of China, trust institutions are only established in large and medium-sized cities, and they need to meet the following conditions: (1) It is really necessary for economic development; Qualified financial cadres; Conforming to the principle of economic accounting; Having articles of association; There is a statutory minimum paid-in RMB capital limit, etc. A trust institution refers to a legal person institution that engages in trust business and acts as a trustee. The nature of a trust institution is a legal person financial institution mainly engaged in trust business and acting as the trustee of trust business.

Procedures for establishing a trust institution in China;

1.

2. Submit for approval.

3. Subscribe for shares and pay.

4. Share payment and capital verification.

5. Hold the inaugural meeting.