Financial Services - , , China
Huaneng Guicheng Trust Corp.,Ltd. ("HNGTrust" ), was built based on the old "Qianlong International Trust Investment Co., Ltd.", approved by the People's Bank of China and the China Banking Regulatory Commission (CBRC) as a nonbanking financial institution, was established by Guizhou Provincial People's Government and Huaneng Group in Guiyang, Guizhou Province with registered capital of CNY 6.195 billion. Huaneng Capital Services Co., Ltd is the controlling shareholder, and HNGTrust's main shareholders include Guizhou Wujiang Energy Investment Co., Ltd. and another 6 state-owned large enterprises and financial institutions. HNGTrust has established liaison offices in Beijing, Shanghai, Shenzhen, Guangzhou, Hangzhou, Nanjing, Zhengzhou, Wuxi, Ningbo has formed business development system with markets where the companies are located as backing and with domestic markets as support.HNGTrust is engaged in capital trust, chattel trust, real estate trust, securities trust, property trust, assets reorganization, merger and acquisition, project financing, corporate finance, financial consultation, securities underwriting, loan, lease, investment, guarantee, inter-bank borrowing and etc.Ever since the reorganization in 2009, HNGTrust has established a clear-boundary corporate juridical person administration structure, has built a high-quality and professional business management team, has continuously promoted business development, and has set up an excellent market image. The company has a cumulative trust scale of 4175 billion, and it has been the top ten Chinese trust company in the trust industry since 2013. By the end of 2020, key performance indicators of HNGTrust rise to 2th in the trust industry.
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