--- title: "CITIC Trust wins the bid for JINKE PROPERTY's bankruptcy reorganization service trust, with the entrusted scale expected to exceed 150 billion yuan" type: "News" locale: "en" url: "https://longbridge.com/en/news/246381164.md" description: "On June 27th, CITIC Trust announced that it recently won the bid for the bankruptcy reorganization service trusts of Jinke Property and Chongqing Jinke, with a trustee scale expected to exceed 150 billion yuan. According to CITIC Trust, the Jinke project is the first large-scale real estate listed company reorganization case in China. This project uses a trust structure to achieve the reorganization of the real estate group, playing an important demonstrative role in preventing the spillover of financial risks in the real estate industry and achieving a smooth transition in the real estate sector, providing significant case support and reference for the risk resolution of large domestic real estate groups" datetime: "2025-06-27T08:49:57.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/246381164.md) - [en](https://longbridge.com/en/news/246381164.md) - [zh-HK](https://longbridge.com/zh-HK/news/246381164.md) generator: "portal-rs" --- # CITIC Trust wins the bid for JINKE PROPERTY's bankruptcy reorganization service trust, with the entrusted scale expected to exceed 150 billion yuan On June 27th, CITIC Trust announced that it recently won the bid for the bankruptcy reorganization service trusts of Jinke Property and Chongqing Jinke, with a trustee scale expected to exceed 150 billion yuan. According to CITIC Trust, the Jinke project is the first large-scale real estate listed company reorganization case in China. This project uses a trust structure to achieve the reorganization of the real estate group, playing an important demonstrative role in preventing the spillover of financial risks in the real estate industry and achieving a smooth transition in the real estate sector, providing significant case support and reference for the risk resolution of large domestic real estate groups ### Related Stocks - [000656.CN](https://longbridge.com/en/quote/000656.CN.md) ## Related News & Research - [US families, healthcare providers under strain after Trump crackdown on Haitian immigrants](https://longbridge.com/en/news/296335867.md) - [FP Trading Secures UAE Capital Market Authority (CMA) Licence](https://longbridge.com/en/news/296623097.md) - [HelloGov Launches GovSchema, an Open Standard for How AI Agents Interact with Government Services](https://longbridge.com/en/news/296641682.md) - [13:49 ETVascarta Outlines Proposed Mechanistic Link Between VAS-101's (Vasceptor®) Vascular and Red Blood Cell Effects in Sickle Cell Disease](https://longbridge.com/en/news/296524035.md) - [Chromaviso circadian lighting cuts sick leave up to 21%, InnovationsFonden-backed study shows](https://longbridge.com/en/news/296603687.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**