On 22 March 2025, the 4th session of the Hong Kong Trust Global Finance Forum Series was successfully held at Wanda Realm Jining, Shandong Province.

Sponsored by Hong Kong Fiduciary Association Limited (HKFA), this event was co-organised by a number of professional institutions, including Hong Kong Trust Capital Management Limited, Dacheng Law Offices, Beijing Changzhou Private Equity Fund Management Co., Ltd., Hong Kong Enterprise Association Limited, Inheritance Asset Management Limited, etc. More than 100 professionals from the financial, tax and corporate sectors in Shandong and the rest of China gathered together.

Focusing on the impact of “New Nine Guidelines” issued by China’s State Council on mainland enterprises’ IPO and international expansion, it combined with the latest points of the Two Sessions (the yearly plenary meetings of the National People’s Congress and the Chinese People’s Political Consultative Conference). Moreover, it delved into cutting-edge trends in overseas IPO, key considerations for establishing overseas structures, and strategies for compliance and security, providing a wider range of valuable creative ideas and practical solutions. This event can be divided into two major sessions: guest sharing and interactive exchange.

After the guest sharing, Mr. Ray Zhan, senior partner of Beijing Dacheng (Shanghai) Law Offices, took the lead on the stage. With many years of extensive experience, he specialises in IPO and listing, investment, financing, merger & acquisition, as well as family wealth management legal services.

During this event, Lawyer Ray Zhan focused on the important topic of enterprise overseas listing, delving into key considerations such as planning and implementation of enterprise overseas listing, filing and regulation for overseas listings, interpretation of filing-related regulations on overseas listings, and the SEC’s audit regulation.

In the sharing session, Lawyer Ray Zhan not only presented the latest developments and overall situation in overseas financing for the guests. Additionally, with professional and targeted analysis, he offered enterprises going overseas with a clearer and more practical guide, navigating them into overseas listings to ensure regulatory compliance requirements.

The following session was made by Mr. Melvin Mui, COO of Hong Kong Trust Capital Management Limited (HKTCM). With his profound attainments and professional knowledge in the field of finance, he delved into the key role of Trust structure in the listing process of enterprises.

Moreover, Mr. Mui elaborated on how the Trust structure can fully utilise its multiple values in assisting enterprises seeking overseas lists, encompassing how to optimise equity allocation through the use of Trust structure, so as to ensure the effective protection of shareholders’ rights and interests. Meanwhile, he noted that the Trust structure plays a decisive role in promoting the stable wealth accumulation and achieving orderly inheritance of family wealth.

Mr. Mui noted that Family Trust, as a powerful tool for wealth management, can be particularly well suited for high-net-worth individuals (HNWIs), which plays an effective role in wealth planning and security protection. Prior to IPO, one of the most important functions of Family Trust is its segregation of Trust assets in the establishment of Offshore Trust structure. Through a Trust structure, business owners can separate their personal assets from business assets, so as to shield personal wealth from business risks.

His insights were both practical and thought-provoking, which aroused much echo among guests.

The event entered the FAQ session after the keynote speeches. The two speakers returned to the stage and answered questions for the guests.

The two speakers responded to a series of key considerations raised by the guests, such as “costs and fees for enterprises seeking overseas listings”, “selection of channels and modes of capital operation after successful overseas listings”, and “advantages of setting up a Family Trust before listing”. With many years of professional and practical experience in the industry, they shared in-depth and professional insights to key issues of concern, in alignment with the latest regulatory requirements and various complexities in the actual operation process. Moreover, their unique and creative perspectives were apt and to the point, keeping up with the latest industry trends and developments, which aroused much echo and positive feedback among guests.

Hong Kong Trust Global Financial Forum Series provides a professional exchange platform for the industry organised specifically by HKFA, aiming to expand in-depth exchanges and collaboration between the Chinese Mainland enterprises going international and overseas listing service providers. Leveraging this platform, guests can share their cutting-edge perspectives and practical experience with each other, while jointly discussing the cutting-edge information on overseas listing and wealth protection, so as to offer robust assistance for expanding enterprises into international markets.

Through a series of events, HKFA attaches great importance to strengthening connection and collaboration between the Chinese Mainland and international financial markets such as Hong Kong and the United States, while offering valuable professional services and practical guidance for the Chinese Mainland enterprises going international.

Looking ahead, HKFA will continue to work together with its professional partners to promote in-depth exchanges and collaboration, so as to assist them in expanding international reach.