The scale of land transfer trust is nearly 300000 mu a year.

Citic Trust is at the top of the pack. Beijing Trust and China Construction Investment Trust follow closely.

Many trust companies, such as Anxin, Warburg and Cofco, have also made preparations.

Xia Qing, a reporter from the ■ newspaper

For the villagers of Zhumiao Village, Yongqiao District, Suzhou City, Anhui Province, this autumn harvest is more abundant than in previous years. Since the land use right was entrusted to trust companies as trust property in October 2013, the regular trust income has made farmers' pockets even higher.

A full year has passed since Citic Trust launched the first land transfer trust in China in October 2013. The benefits of land transfer trust in improving the efficiency of rural land use, promoting the industrialization and modernization of agricultural management, and increasing farmers' income have been initially shown.

Although the current rural land rights determination, transfer and other mechanisms are not perfect, but many trust companies are optimistic about the prospect of this new thing. According to incomplete statistics by a reporter from the Securities Daily, more than a dozen land transfer trusts have been officially launched by CITIC Trust, Beijing Trust and China Construction Investment Trust in the past year. Compared with the quantity, the scale of land involved in the transfer is obviously more eye-catching. According to incomplete statistics, the scale of land that has begun to transfer and the expected transfer of land is close to 300000 mu. In addition, trust companies such as Anxin Trust, Warburg Trust and Cofco Trust have also begun to study or prepare to carry out land trust.

Citic Trust eats crabs for the first time

As a leading company in the trust industry, Citic Trust is the first to "eat crabs".

On October 10, 2013, the "CITIC Rural Land Contracting Management right Collection Trust Plan 1301" was formally established for a period of 12 years, with a pilot site in Hanqiao District, Suzhou, Anhui Province, with a transferable area of 5400 mu and a long-term of 25000 mu.

It is understood that after the transfer of land, it is proposed to build a modern agricultural circular economy industrial demonstration park, which will be served by Anhui Diyuan Modern Agricultural Investment Co., Ltd. The park is divided into five sections, involving more than 20 sub-projects, including: modern agricultural planting and water resources protection projects, modern aquaculture, biomass energy and matrix fertilizer projects, facility agriculture and agricultural Internet of things, agricultural research platform. The five plates will form a complete agricultural circular industrial chain to achieve high output, high efficiency, low energy consumption and low emissions of agriculture, while improving farmers' scientific and technological literacy, labor productivity, employment rate, and substantial growth of GDP.

Since then, CITIC Trust has successively launched land transfer trust projects in Shandong, Guizhou, Henan and other places while the iron is hot.

In February this year, Citic Trust signed a strategic cooperation framework agreement with the Maanshan Municipal Government of Anhui Province. According to the strategic cooperation framework agreement, the two sides plan to cooperate in rural land management right transfer trust, rural collective asset trust and other trust business areas.

At the same time, CITIC Trust also launched the first land transfer trust project in Henan-- "CITIC Jiyuan Rural Land Contracting and Management right Collection Trust Plan". The trust project puts forward the concept of ecological civilization and prevention of haze. The first phase of the transfer area is 4094.5 mu of agricultural land, which is expected to reach 20 million mu in two years. The project introduces the nursery stock and flower industry, and the land user is the local seedling enterprise in Henan-- Qianling Flower Art and Greening Engineering Co., Ltd., and the transferred land is mainly planted with seedlings with the properties of anti-haze, wind-blown sand, drought and so on.

In May, Guizhou selenium Garden and CITIC Trust signed a cooperation agreement, becoming CITIC Trust's first land contract management enterprise in Guizhou, the first phase of cooperation to carry out 1021 mu of land trust transfer pilot.

In July, under the matchmaking of the Yinchuan Municipal Party Committee and the Municipal Government, CITIC Trust cooperated with Helan County to carry out the transfer of rural land contractual management rights on a pilot basis.

According to incomplete statistics, in cooperation with CITIC Trust, the scale of land involved in the transfer has exceeded 200000 mu.

It is worth noting that CITIC Trust not only acts as an intermediary in land transfer. Through cooperation with agricultural technology companies, CITIC Trust is also involved in production management. In February this year, CITIC Trust and Bayer crop Science (China) Co., Ltd. signed the Cooperation Agreement on Modern Agricultural Science and Technology Innovation and Development under Land transfer. Initial cooperation projects will include Bayer's establishment of a demonstration garden for fruit and vegetable solutions in Suzhou, Anhui Province, and a demonstration of the "more Rice" project in Maanshan, Anhui Province, which provides a full solution from seed to harvest. to help farmers achieve higher economic benefits. The cooperation between the two sides will continue to be extended to CITIC Trust's other land transfer projects nationwide, including the demonstration of Bayer vegetable solutions in Qingzhou, Shandong Province.

Beijing Trust, China Construction Investment Trust

Test the water one after another

After Citic Trust, Beijing Trust and China Construction Investment Trust also officially launched their respective land transfer trusts.

Beijing Trust is the second trust company to formally launch the land transfer trust project after CITIC Trust. It is understood that Beijing Trust has launched four single land transfer trust projects, namely, Wuxi in Jiangsu Province, Jurong in Zhenjiang, Tongling in Anhui Province, and Miyun in Beijing, with varieties such as peaches, grain and cash crops, peonies, cherries and strawberries.

Wuxi Taoyuan Village Project of Beijing Trust Land Trust in Wuxi, Jiangsu Province is the first land transfer project officially launched by Beijing Trust on November 7, 2013. The project involves a land transfer area of 158 mu and adopts the design structure of "land cooperatives + professional cooperatives". The trust project lasts for at least 15 years. Farmers follow the voluntary principle and take shares in land joint-stock cooperatives with their land management rights; after the transfer, the nature of agricultural land remains unchanged, and the established professional cooperatives plant peaches, and the income adopts the model of "fixed income + floating income". Farmers can share the annual land rental income of 1700 yuan per mu, and farmers can also get floating income according to a certain proportion when the investment period of land and fruit tree cultivation ends.

The second trust project "Beijing Trust Golden Field Land No. 1-5" established by Beijing Trust in Jurong is similar to the project in Wuxi, but because it contains many periods, the total number of mu of land transferred is relatively large, which is 9928.46 mu. It is currently the largest trust in Beijing. The project adopts the double trust model, which not only carries out the land property trust, but also cooperates with the intensive management of the land, and follows up the fund trust.

Beijing Trust's project in Tongling, Anhui Province still adopts the "fixed income + floating income" model, and the first batch of farmers who transfer rural land can receive a fixed income per mu at least equivalent to the national minimum purchase price of medium and late indica rice with a certain weight. More importantly, Beijing Trust funded by rural land, and Tongling local government investment platform, Zhonghe supply and Marketing (Shanghai) Equity Investment Fund Management Co., Ltd. jointly funded the establishment of Tongling Peony Industry Group. The goal is to build Tongling into a "peony capital". Farmers who transfer land can also receive shareholders' dividends in addition to "fixed income" through the operation of the Peony Industry Group.

As the only land transfer project in Beijing, the "Beijing Trust Golden Field 2014008 Land Trust (Miyun Shuizhang Village)" project launched in Miyun continues the previous double cooperative design structure and the "fixed income + floating income" model, with an entrusted area of 1680 mu and a period of 13 years. Farmers can get a fixed land rental income of 1000 yuan per mu per year, and professional cooperatives plant cherries, grapes, blueberries and other crops. After the project is profitable, farmers can also get floating income. Beijing Trust will also provide financial support to cooperatives and promote the dual trust structure of "property rights trust + capital trust" in parallel.

When the respective land transfer trusts of CITIC Trust and Beijing Trust are in full swing, in July, China Construction Investment Trust signed a tripartite framework agreement with the Collective assets Management Center of Dinggang Town, Zhenjiang New area, Jiangsu Province, and Zhejiang Senhe seed Industry. Officially launched its first land transfer trust.

In addition to the three companies that formally launched the land transfer trust, a number of trust companies began to explore this potential trust business. A trust company headquartered in Henan told our reporter that the company is currently studying the model of land transfer trust in preparation for the launch. In addition, it is reported that trust companies such as Shanghai Trust, Warburg Trust and Cofco Trust have also begun to study or layout land trusts.