[What arrangements does the "Asset Management Trust Management Measures" have for the rectification of existing asset management trust business? Response from the State Administration of Financial Supervision] On October 30, the heads of relevant departments and bureaus of the State Administration of Financial Supervision answered reporters’ questions regarding the “Asset Management Trust Management Measures”. What arrangements does the "Measures" have for the rectification of existing asset management trust business? Answer: Trust companies should comply with the requirements of the "Measures", fully identify the business to be rectified, formulate a rectification plan, lock in the trust products to be rectified, clarify the time schedule, and reduce the business scale in an orderly manner. At the same time, in order to avoid having a greater impact on the real economy, the "Measures" promote the rectification of some businesses by "separating the old from the new" and clarify the rectification methods in aspects such as investor concentration, portfolio investment, non-standard asset investment, cooperative institution management, and open cycle requirements for open trust products. The State Administration of Financial Supervision will regard the progress of rectification as an important basis for classified supervision and urge trust companies to make steady and orderly rectifications. For the asset management trust business that has been included in the scope of case processing after the end of the transition period of the new asset management regulations, rectification will continue in accordance with the relevant requirements of the new asset management regulations and the rectification plan submitted in the previous period.