SDITC：2020INTERIMREPORT.pdf

1、CONTENTCompany Profile2Basic Corporate Information3Major Financial Data5Management Discussion and Analysis6Changes in Share Capital and Shareholdings of Substantial Shareholders57Details of Directors,Supervisors and Senior Management60Significant Events61Report on Review of Interim Financial Informa

2、tion72Definitions129Glossary of Technical Terms1322INTERIM REPORT 2020COMPANY PROFILEShandong International Trust Co.,Ltd.,currently a director member of the China Trustee Association,was established as a non-banking financial institution in March 1987,with the approval of PBOC and the Peoples Gover

3、nment of Shandong Province.In December 2017,the Company was listed on the Hong Kong Stock Exchange(stock code:1697),being the first domestic trust company listed on international capital market.In January 2019,the Companys registered capital increased to RMB4,658,850,000,with a constantly increasing

4、 capital strength.The Company has always achieved progress and quality improvement while maintaining stability,served economic and social development by utilising various financial instruments,promote effective interconnection between the monetary market,capital market with real economy,and establis

5、hed the development pattern of“taking root in Shandong,spreading to the whole country and establishing international presence”.Being rated as“Class A”(the highest rating attainable)in the national industry-wide rating and the highest AAA rating in the comprehensive assessment of local financial inst

6、itutions in Shandong Province for many times,the Company has been developed into an integrated financial and wealth management service provider with a leading comprehensive strength and sound brand reputation.In the field of trust business,to facilitate the set-up of investment and financing service