Cedar Trust predecessor

Cedar International Trust Co., Ltd. (referred to as "Cedar International Trust") is a holding subsidiary of Cedar Holding Group Co., Ltd. (referred to as "Cedar Holding"), a fortune 500 company, with a registered capital of RMB 3.005 billion. By the end of 20 18, the company had total assets of 9.424 billion yuan and net assets of 7.447 billion yuan.

Cedar International Trust Co., Ltd. was established on April 4, 2003, 65438+April 4, 2003. Its registered place is located on the 27th-28th floors of Boneng Financial Center, No.777 Financial Street, Honggutan District, Nanchang City, Jiangxi Province. Legal Representative Qi. Business scope includes fund trust; Chattel trust; Real estate trust; Securities trust; Other property or property rights trust; Engaged in investment fund business as a promoter of investment funds or fund management companies; Manage enterprise assets reorganization, mergers and acquisitions, project financing, enterprise wealth management, financial consulting and other businesses; Entrusted to operate the securities underwriting business approved by the relevant departments of the State Council; Handling intermediary, consulting, credit investigation and other businesses; On behalf of custody and safe deposit box business; Use inherent property through interbank deposits, loan transactions, loans, leases and investments; Providing guarantee for others with inherent property; Engage in interbank lending; Other businesses stipulated by laws and regulations or approved by China Banking Regulatory Commission. (Projects that must be approved according to law can only carry out business activities after being approved by relevant departments. Cedar International Trust Limited has invested in 33 foreign companies.

Trust refers to the act that the trustor entrusts his property right to the trustee based on his trust in the trustee, and the trustee manages and disposes it in his own name for the benefit of the beneficiary or for a specific purpose.

Trust is a way of financial management, a special property management system and legal behavior, and also a financial system; It constitutes a modern financial system with banks, insurance and securities.

Trust business is a legal act based on credit, which generally involves three parties, namely, the trustor who has invested in credit, the trusted trustee and the beneficiary who benefits from others.