De Rong Zhang

Zhonghai Trust Co., Ltd. is the asset management subsidiary of China National Offshore Oil Corp., itself a subsidiary of China state-owned Assets Supervision & Administration Commission. The firm is jointly invested by China National Offshore Oil Corporation Limited (60%) and China CITIC Limited (40%). Headquartered in Shanghai, the firm’s trust business is spread throughout Beijing, Tianjin, Guangdong, Hebei, Shandong, Jiangsu, Hunan, Sichuan, and Guangxi. Founded in 1997, Zhonghai Trust provides a wealth management of financial products and services such as private investment banking, securities investment, asset securitization, and overseas financial management to individual and institutional clients.