Bohai Trust

Bohai International Trust

Trading name	Bohai Trust
Formerly called	Hebei International Trust Investment
Type	Subsidiary
Industry	Financial services
Founded	December 1983 (1983-12)
Headquarters	Shijiazhuang, Hebei, China
Area served	mainland China
Services	investment management trust
Revenue	CN¥001.070 billion (2015)
Operating income	CN¥000679 million (2015)
Profit	CN¥000549 million (2015)
AUM	CN¥216.173 billion (2015)
Total assets	CN¥004.848 billion (2015)
Total equity	CN¥004.234 billion (2015)
Owner	HNA Group (77.90%) Xinhua Airlines (22.10%)
Parent	HNA Group
Website	bohaitrust.com
Footnotes / references source

Bohai International Trust Co., Ltd. (BITC) known as just Bohai Trust, is a Chinese investment management company based in Shijiazhuang, Hebei Province. The company has licensed to create trust (as private equity fund). The company is a subsidiary of HNA Group for 51.23% shares (via HNA Capital), plus additional 22.10% shares via China Xinhua Airlines, a subsidiary (83.39%) of Hainan Airlines. Hainan Airlines, a listed company, is partially owned by HNA Group. The remain 26.67% shares of the trust company were owned by another subsidiary of HNA Group (Chinese: 海南海航实业控股; literally: "Hainan HNA Industrial Holding"), which the group owned 72.98% stake of that subsidiary directly and indirectly (via Chinese: 海航实业集团; literally: "HNA Industrial Group").

The predecessor of the trust company was founded in December 1983 as Hebei International Trust Investment Corporation (Chinese: 河北省国际信托投资公司). In 2004 the company was re-registered as Hebei International Trust & Investment Co., Ltd. (Chinese: 河北省国际信托投资有限责任公司), which Hebei Provincial State-owned Assets Supervision and Administration Commission was the largest shareholder for 95.24% stake. In 2006 it was acquired by HNA Group from Hebei Provincial People's Government (); the share capital of the company had increased to CN¥2 billion in 2010 and to CN¥3.6 billion in 2016. The company also changed from "company limited by quote/stake" to "company limited by shares" (analog to public limited company) in 2015.