CITIC Trust plans to launch a pilot project for movable property trust property registration.

Recently, it was reported that China Trust Registration Limited Liability Company has issued the "Notice on Conducting Pilot Work related to the Registration of Movables Trust Property". The notice specifies that, in order to better realize the value of the trust system and support the transformation and development of the trust industry, Zhongxin Registration intends to carry out relevant work related to the pilot registration of movable trust property under the guidance of regulatory authorities.