On Aug. 8th, Securities Times granted China Foreign Economy and Trust & Investment Co., LTD (FOTIC) two grand honors as “Most Well-known Trust Company” and “Best Real Estate Trust Scheme (Chemsunny Plaza Collective Trust Scheme)”. The result comes from decision of experts, trust companies and public opinion.
In 2005, FOTIC issued 8 collective trust schemes with the overall scale of RMB 1.6 billion. The company of the development wins accredit and acknowledgement from the public and trust community. Chemsunny Plaza Collective Trust Scheme is the innovation in the country’s trust business to satisfy the customer’s demand of liquidity. It is the first trust scheme to introduce bank trusteeship in Beijing.