With the approval of the Jiangsu Provincial People's Government and the China Banking Regulatory Commission (CBRC), Jiangsu International Trust Corporation Limited (hereinafter referred to as "JSITC") was established as a non-bank financial intermediary that specializes in the financial trust business. JSITC is a subsidiary of Jiangsu Guoxin Investment Group Limited and one of the units of the China Trustee Association (CTA).The registered capital of the company is CNY8.76 billion.