Business summary
Shandong International Trust is a comprehensive financial services and wealth management service provider in China. It provides diversified investment and financing services based on trust products. Trust investment is the core business. The group accepts funds and property entrustment from outsourced clients, establishes trust arrangements through written trust contracts with the entrusted clients, and acts as a trustee. The group flexibly manages entrusted funds or property, that is, trust assets, such as providing loans to third parties or investing in other types of assets to obtain trust assets The return on investment, and the group charges fees for managing trust assets, that is, trust rewards.
Competitive advantage
Provide cross-market, diversified and personalized trust products and services to meet the diverse investment and financing needs of customers
Group business is rooted in Shandong, enjoys regional advantages, and expands business to the whole country
Strong business management capabilities and a comprehensive and effective internal monitoring and risk management system
Risk Factors
Adverse changes in China's economy and financial markets will have a significant adverse impact on the Group's business, financial position and operating results
The group is subject to a number of ever-changing regulatory requirements, and compliance and management costs can be significant
The volume and revenue of the Group's loan and trust business may continue to decline, which may have a significant adverse impact on the Group's operating performance
Use of proceeds
Approximately 100% is used for the capital base of Tengu Group