The Beijing Financial Supervision and Administration Bureau has approved Wei Mengmeng's appointment as the Chairwoman of China Foreign Economy and Trade Trust Co., Ltd., making her the first "post-80s" female chairwoman in the trust industry.
Wei Mengmeng, born in 1981, is a "post-80s" generation leader. She joined Sinotrust in 2006 and has deep experience across various business lines, including securities investment, wealth management, family trusts, and inclusive finance. She previously served as the company's General Manager and was promoted to General Manager of Sinochem Capital Co., Ltd. in 2026. Sinotrust is a core trust financial platform under Sinochem Holdings Corporation Ltd., a central state-owned enterprise. As of the end of 2025, its trust asset management scale exceeded 2.2 trillion yuan, with full-year operating revenue reaching 2.213 billion yuan, a year-on-year increase of approximately 23%. Total profit was 1.111 billion yuan, up 35% year-on-year, and net profit was 857 million yuan, a 33% year-on-year increase.
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Source:华尔街见闻 · Source Link
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