Bohai International Trust Co., Ltd. (hereinafter referred to as “Bohai Trust”) was founded in Shijiazhuang, whose predecessor was Hebei International Trust Corporation, the only non-banking financial institution engaged in trust business within Hebei Province.
Founded in October 1982, Bohai Trust was approved by China Banking Regulatory Commission for the renewed registration in January 2004. The company claimed the registered capital of 325.65 million yuan (including 15 million dollars), completed its restructuring in December 2006, and raised its registered capital to 725.65 million yuan following the successful increase of investment in February 2007. The company changed its name to Bohai International Trust Co., Ltd. in November 2007, and increased the registered capital to 795.65 million yuan in March 2009. HNA Capital Holding Co., Ltd. contributed an additional investment of 1,204.35 million yuan in June 2011 so that the registered capital totaled 2 billion yuan.
In accordance with the Trust Law of the People’s Republic of China, the Measures for the Administration of Trust Companies and other related laws and regulations, Bohai Trust pursues legal operation and standardized operation and works hard to provide the high-quality and efficient financial trust service for all the clients. As of the end of 2012, the company managed the trust assets of 100.356 billion yuan, and accomplished business income of 703 million yuan, net profit of 415 million yuan and per-capita profit of 4.4667 million yuan. Following its rapid and healthy development for years, the company was honored by “China’s Most Potential Growth Trust Companies” and “Credit Trust –Management Team Prize”.
Bohai Trust strives to develop the long-term value as its goal, adheres to the essential laws of financial service business, explores the original value of trust operation, serves the social and economic development, and achieves the efficient assets and wealth management so that the company grows into a highly reliable trust company with excellent products and services and strong potentials of sustainable development.