In November 2023, "COFCO Trust-2023 Fengji No. 3 Miaowan Village Green Charitable Trust" and "COFCO Trust-2023 Fengji No. 4 Daxigou Village Green Charitable Trust" were completed for filing in Beijing Civil Affairs Bureau. King&Capital Law Firm's Teng Jie, following the "COFCO Trust-2022 Fengji No. 1 Rural Revitalization Charitable Trust" and "COFCO Trust-2023 Fengji No. 2 Rural Revitalization Charitable Trust" projects, once again assisted in the establishment of the COFCO Trust charitable trusts. COFCO Trust has once again assisted in the establishment of COFCO Trust's charitable trusts, acting as the trust monitor and providing monitoring services.
In July 2023, under the organization of China Trust Association, COFCO Trust visited and researched the rural revitalization assistance project of Qayou Houqi Banner in Ulanqab City, Inner Mongolia, and gained an in-depth understanding of the precise needs of the rural revitalization assistance project of Qayou Houqi Banner.
On November 21, 2023, "COFCO Trust-2023 Fengji No. 3 Miaowan Village Green Charitable Trust", "COFCO Trust-2023 Fengji No. 4 Dawei Village Green Charitable Trust", "COFCO Trust-2023 Fengji No. 4 Dawei Village Green Charitable Trust" and "COFCO Trust-2023 Fengji No. 3 Miaowan Village Green Charitable Trust", which are organized by the Trade Union of China Agri-Foods Trust (TUF) as the principal, COFCO Trust as the trustee, and Bank of Ningbo Co. The "COFCO Trust-2023 Fengji No. 3 Miaowan Village Green Charitable Trust" and "COFCO Trust-2023 Fengji No. 4 Daxigou Village Green Charitable Trust" were formally established. The funds will be used to carry out public welfare activities such as rural revitalization, helping the poor and needy, and environmental protection in Miaowan Village and Daxigou Village in Inner Mongolia's Chayou Houqi Banner in a green and sustainable way, benefiting the local people and contributing to the green revitalization of the countryside.
COFCO Trust also said: COFCO Trust, as an important part of COFCO Group's financial sector, has been effectively fulfilling its social responsibility, actively practicing the corporate mission of "being a source of living water to serve the real economy, and being a spring breeze and rain to help the common prosperity", and making COFCO's contribution to solidly promoting the common prosperity and helping rural revitalization. This time through the establishment of charitable trust to help Inner Mongolia Chayou Houqi rural revitalization green revitalization, is committed to help Chayou Houqi early realization of the "cultural tourism gold line, help pot of gold, grassland jade pearl" new goal.
In the future, King&Capital's financial and wealth management team will also focus on the development of charitable trust business, give full play to the team's strengths in theoretical research and innovative practice, and contribute to the development of clients in need.