China News Service, July 6th. According to the official website of the China Banking and Insurance Regulatory Commission on the 6th, the China Banking and Insurance Regulatory Commission agreed that Xinhua Trust Co., Ltd. will enter bankruptcy proceedings in accordance with the law.

New China Trust Co., Ltd. shall carry out follow-up work in strict accordance with the requirements of relevant laws and regulations, and report to the China Banking and Insurance Regulatory Commission in a timely manner in case of major circumstances.

(Zhongxin Finance)