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