Baosteel Finance Sector won several prizes in recent announced prizes of the finance industry. Among them, HWABAO Trust was awarded title of China's Best Trust and Financial Organization and prize of Earnestness Trust-Innovation and Leadership; HWABAO Securities was awarded prize of China's Most Innovation and Service Oriented Security Broker.
Last year, in fields of product innovation, HWABAO Trust had pushed forward development of its trust products to wider and deeper levels and released numerous innovative products of securities investment, etc.; in fields of business expansion, the company had initiated in the industry outsider rating, providing practical and feasible evaluation guidelines for future transaction and circulation of beneficial rights of trust products, and for entry into trust market by investment of large-scale organizations of insurance and funds, etc. Besides, the company became one of the few trust companies certificated as QDII last year, and issued and established entrusted foreign financial trust products. HWABAO Trust has sustained rapid and stable development in recent years, scope of its managed trust assets ranked among the top ones in the industry with fine earnings results for investors.
HWABAO Securities had based on strict requirements for transaction speed by designated users, redefined passage service function of securities companies, built up a technical platform that could fulfill quantitative transaction requirements by professional customers with outstanding results in exploration of quantitative transaction business. Within a short period of half a year since start-up of the business, new assets and transaction volume raised dramatically.