Exclusive! After the chairman's reassignment, the new Party Secretary of this leading trust has taken office.

The management leadership of a leading trust company has been adjusted.

A public notice from Jiangsu International Trust Co., Ltd. (hereinafter “Jiangsu Trust”) shows that the company’s board of directors has recently received a written resignation report submitted by the chairman, Hu Jun. Hu Jun, due to a work reassignment, resigned from his positions as the company’s chairman, director, and chair of the board’s strategic and investment committee.

After Hu Jun stepped down, the general manager and director Ding Feng took over the responsibilities of chairman on an acting basis. The acting term begins from the date on which this board meeting passed the matter and continues until the date on which the qualification of the newly appointed chairman is approved by the relevant regulatory authorities. The acting term will not exceed 6 months.

According to an exclusive understanding by reporters from Trust BaiLaoHui, Jiangsu Trust’s Party Committee Secretary will be served by Zhai Jun, a member of the Party Committee and deputy general manager of Jiangsu Guoxin Group Co., Ltd. (hereinafter “Guoxin Group”). Industry insiders believe this move will facilitate coordinated integration of the group’s financial resources.

Jiangsu Trust is a non-bank financial institution established with approval by the State Administration for Foreign Exchange and the People’s Government of Jiangsu Province. It is one of the important member enterprises of Guoxin Group in Jiangsu Province and specializes in financial trust business. The company’s registered capital is RMB 8.76 billion.

Jiangsu Trust has four shareholders. Among them, Jiangsu Guoxin Co., Ltd. (hereinafter “Jiangsu Guoxin”), which is under Guoxin Group, holds 81.49%, making it the controlling shareholder of Jiangsu Trust. Jiangsu Guoxin is a listed platform under Guoxin Group whose main businesses are energy and finance.

According to information, Hu Jun was born in 1970 and has worked at Jiangsu Trust for more than 30 years, making important contributions to the company’s development. Media reports say Hu Jun has been reassigned to serve as chief economist at Guoxin Group.

According to materials, Hu Jun joined Jiangsu International Trust and Investment Co., Ltd. in 1992. He has held roles including assistant general manager, deputy general manager, and general manager of Jiangsu Trust, as well as deputy secretary of the Party Committee and general manager, among others. In June 2017, Jiangsu Trust’s board of directors elected Hu Jun as chairman. In August of the same year, the qualification for Hu Jun’s appointment as chairman was approved.

The reporter learned that after Hu Jun’s reassignment, Zhai Jun will serve as Secretary of the Party Committee of Jiangsu Trust. Materials show that Zhai Jun was born in 1973, is currently 53 years old, and currently serves as deputy general manager and a member of the Party Committee at Guoxin Group, and also concurrently serves as a director of Jiangsu Guoxin.

Materials show that Zhai Jun has extensive management experience in the financial industry. He has served as deputy manager of the Securities Department and the Securities and Clearing Department of Jiangsu International Trust and Investment Co., Ltd., and manager of the Nanjing Xuanwumen Branch; deputy manager of the Securities Investment Department and the Brokerage Business Department at Saitai Securities Co., Ltd.; deputy general manager of the Retail Client Service Headquarters and the Brokerage Business Headquarters of Haitong Securities Co., Ltd., general manager of the Zhejiang Branch, general manager of the Shanghai Branch, and director of the Office; and deputy president and a member of the Party Committee at Jiangsu Credit Re-guarantee Group Co., Ltd.

On January 19, 2026, the “Launch Ceremony for Pension Finance Strategic Collaboration within Jiangsu Guoxin Group,” hosted by Guoxin Group and hosted by Jiangsu Trust, was held in Nanjing, formally kicking off a new practice of innovative development in pension finance centered on “trust + insurance + health.”

At the meeting, Zhai Jun said that the group relies on its full financial licensing capabilities and advantages in real-sector industries to build a closed-loop pension finance service. He urged the three entities to improve their political standing, adhere to the principles of inclusive and safe finance, deeply integrate to create benchmark products, strictly hold the risk bottom line, and strive to turn the Guoxin pension finance collaboration model into a benchmark project nationwide in the pension finance sector.

In recent years, Jiangsu Trust’s overall development has remained steady. Jiangsu Guoxin’s disclosure at the beginning of the year of Jiangsu Trust’s 2025 financial information (unaudited) shows that in 2025, the company achieved operating income of RMB 3.13 billion, a slight year-on-year decline; net profit was RMB 2.57B, a year-on-year decrease of 8.95%. However, Jiangsu Trust’s net profit still ranks among the top in trust companies. In terms of operating income, in 2025 Jiangsu Trust’s net fee and commission income was RMB 916 million, and investment gains were RMB 2.35B.

Proofread by: Liao Shengchao