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Zhongrong International Trust
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Founded in 1987, Zhongrong International Trust Co., Ltd. is one of China's largest and most established trust companies. Headquartered in Beijing, it provides a comprehensive range of financial services centered on trust products, which includes asset management, investment financing, and wealth management solutions. The company has been a significant player in channeling funds into various sectors of the Chinese economy, particularly the real estate industry. In mid-2023, the company entered a period of severe liquidity crisis, leading to defaults on numerous investment products and prompting a government-led restructuring effort involving state-owned financial institutions to stabilize its operations.
China
Industry
Financial
HQ Location