COFCO Trust Co., Ltd. was set up on July 1, 2009 in Beijing with ratification from China Banking Regulatory Commission (CBRC). It is a non-bank financial institution under CBRC’s direct supervision. COFCO Trust has obtained the CBRC’s approval for increase in the registered capital, and adjustment in the shareholding structure via the strategic alliance with BMO. The current shareholding structure is as follows: COFCO Corporation holds 76.0095%, Bank of Montreal holds 19.99%, COFCO Finance Co., Ltd. holds 4.0005% .
With COFCO’s support, COFCO Trust is able to maintain a stable operating environment and rapid development. It proactively explores creative models to develop agricultural financial services and combinations of industrial capital and financial capital. With the specialization in agricultural and industrial segments, COFCO Trust is gradually becoming a strong contender in the trust industry.
Following the “customer-focused” philosophy, underpinned by a comprehensive risk management system, staffed with highly qualified professionals, and empowered with exceptional innovation capabilities, COFCO Trust is dedicated to delivering superior financial services in the best interests of customers, shareholders and employees by being transparent, innovative, steady, prudent and pragmatic.
Looking into the future, by leveraging on the strengths of COFCO, with continuous improvement of its trust mechanism to enable differentiated asset management capabilities, COFCO Trust aims to be a significant platform of financial equity investment, agricultural financial services and wealth management.