China Trust Registration Co., Ltd. (China TRC) is a non-bank financial institution that provides essential services for the trust industry. It was established with the approval of the State Council and the former China Banking Regulatory Commission (CBRC). China TRC operates under the supervision and management of the CBRC.

Officially established on December 26, 2016, China TRC operates in a market-oriented manner while adhering to the principles of legal compliance and sound operation. Positioned as an integrated platform in the trust industry, China TRC offers services such as trust product and trust beneficiary rights registration, information and statistics, trust product issuance and trading, and regulatory information services. The company faithfully carries out trust registration and other related functions entrusted by regulators.

One of the key foundations of China TRC is its trust registration system. Since its launch on September 1, 2017, the system has provided comprehensive trust product registration services. Trust companies and banking regulatory bureaus have utilized the system to report and consult trust product registration information. By the end of 2018, trust companies in China had submitted over 120,000 registrations through the system, including more than 56,000 initial registration applications involving an initial fundraising amount of RMB 22.28 trillion. The banking regulatory bureaus also suspended over 1,400 products using the system. China TRC conducted a rigorous formal review of more than 60,000 pre-registered products and returned over 8,800 pre-registrations, ensuring effective supervision and industry service unification.

Main business:

I. China TRC is responsible for the issuance and announcement of collective trust plans.

II. China TRC handles the registration of trust products and their trust beneficiary rights. This includes pre-registration, initial registration, registration for changes, termination, correction, and other necessary registration processes.

III. China TRC provides services related to the issuance, trading, transfer, and settlement of trust products.

IV. China TRC establishes and manages trust beneficiary accounts.

V. China TRC offers valuation, evaluation, inquiry, consultation, and other relevant services for trust products and their rights and interests.

VI. China TRC assists in the inquiry and proof of disputes over trust product ownership.

VII. China TRC also offers registration services for other trust properties that do not require legal ownership registration.

VIII. China TRC engages in other business activities as approved by the banking regulatory authority under the State Council.