DeHeng Assisted in the Successful Implementation of China’s First Equity Charitable Trust Property Registration Case

2025-07-15

On July 8, 2025, the DeHeng team, composed of partner Zheng Liping, advisor Zhang Jian, and partner Liao Xiangzheng, advised on the successful implementation of China’s first-ever equity charitable trust property registration case, the Kunlun Trust-Derun NGO Social Organization Accounting Capacity Education Charitable Trust.

Project Overview

The initial settlor of this project is Shaanxi NGO Financial Consulting Co., Ltd., which contributed RMB 81,810 in limited partnership interests (representing a 15% stake) it held in Hangzhou Caiyu Gaozhi Holdings Partnership (Limited Partnership). The project adopts a dual-trustee model, with the Hangzhou Charity Federation (Hangzhou Charity Union) and Kunlun Trust Co., Ltd. serving as co-trustees. DeHeng’s Hangzhou Office acts as the trust supervisor, and the Bank of China Ningbo Branch serves as the custodian.

The project completed its charitable trust filing with the Hangzhou Civil Affairs Bureau on July 4, 2025. Subsequently, on July 8, 2025, the partnership information was filed with the Linping District Market Regulation Administration in Hangzhou, completing the change registration formalities and officially establishing the trust. The equity registration information is identified under Kunlun Trust Co., Ltd. (Kunlun Trust-Derun NGO Social Organization Accounting Capacity Education Charitable Trust, File No. 3301001000261).