BoCom International Trust

BoCom International Trust Co., Ltd. is the first trust company in China to be directly invested in and controlled by a major state-owned commercial bank, the Bank of Communications (BoCom). Originally founded as Hubei International Trust and Investment Corporation in 1981, it underwent a strategic reorganization in 2007. This restructuring led to its current identity, with BoCom holding an 85% stake and Hubei Provincial Fiscal Department initially holding the remaining 15%. This stake was later transferred to Hubei Communications Investment Group Co., Ltd. in 2014.

As a subsidiary of BoCom, the firm leverages its parent company's significant resources, extensive network, and brand reputation. The company provides a range of professional, cross-market trust services. Its business is centered on wealth management, project financing, and fiduciary services such as custody. It serves clients by designing tailored solutions based on their financial situations and risk appetite, utilizing the versatile structure of trusts. Key service areas include asset management trusts, which cover fixed income products and private equity investments, and trustee management services like equity holding trusts. The firm also offers comprehensive custody and investor services, acting as an offshore custody platform for cross-border investments. This includes fund custody and administration, and services for various cross-border investment schemes like QFI, QDII, and Bond Connect.

The business model is based on providing fiduciary and wealth management solutions to a diverse client base that includes corporations and high-net-worth individuals. Revenue is generated from fees for asset management, trustee services, custody, and other financial advisory functions. The company has steadily increased its registered capital over the years, reaching over 5.7 billion RMB by 2017 to support its expanding operations.

Keywords: wealth management, trust services, asset management, project financing, fiduciary services, custody services, cross-border investment, financial leasing, equity investment, investment banking, fund management, corporate finance, private trust, retirement services, trustee management, Bank of Communications, bond trustee, fund administration, nominee services, offshore custody