Translator：Jiang Wenyu

Recently, CR Trust · Chengxin Shan Jia · Derun Family Charitable Trust was established in Wenzhou, Zhejiang, becoming the first charitable trust in the country named "family charity." It officially launched the exploration and research on "family charity" in promoting traditional Chinese virtues, promoting the development of public welfare and charity, strengthening family education and family ethics, assisting in common prosperity, and promoting the development of family charitable trusts.

A family that does good deeds will have a surplus of blessings. Since ancient times, the development and inheritance of Chinese families have been closely related to the word "good." In recent years, the central government has repeatedly emphasized the need to give full play to the role of the third distribution, guide and support enterprises, social organizations, and individuals who are willing and capable to actively participate in public welfare and charity, combined with the construction of family education and family ethics in the new era, vigorously promote Chinese charity culture, making charity not only an important way for high-income groups to give back to society, but also an important means for them to realize the inheritance from wealth to charity. In this context, the establishment of the Derun Family Charitable Trust is of great practical significance.

The trust proposes the concept of "family charitable trust" for the first time. In terms of the composition of the settlor, it creatively establishes with nine initiators including entrepreneurs and their family members, family foundations, charity associations, and family charitable trust advisors. The composition of the settlor is diversified, reflecting the "family" attribute of the family charitable trust, and can also provide professional and sustainable services and support for the family charitable cause. At the same time, a dual trustee model is introduced in the structural design, with the Ouhai District Good Deeds Volunteer Service Center of Wenzhou City and CR Trust Co., Ltd. jointly serving as trustee, fully applying the experience of charitable organizations in charitable project operation and the advantages of financial institutions in trust property management, to better play the dual role of family charitable trust in the fields of public welfare and wealth inheritance. In addition, the trust introduces the roles of supervisor and charity advisor, undertaken by Shanghai Landing Law Offices (Haikou) and Wenshang Family (Shenzhen) Fund Management Co., Ltd., to ensure that the family charitable trust can better serve the family's public welfare vision and achieve the sustainable development of the family's public welfare and charity cause.

As the supervisor of the Derun Family Charitable Trust, Shanghai Landing Law Offices (Haikou) deeply feels its great responsibility. We actively fulfill the duties of a supervisor, comprehensively and meticulously supervising the operation of the charitable trust to ensure its smooth operation and the realization of the trust's purpose.

In the process of fulfilling the duties of a supervisor, Shanghai Landing Law Offices (Haikou) always upholds the principles of honesty, trustworthiness, diligence, and responsibility. Honesty and trustworthiness are the core of our professional ethics, and we always treat each beneficiary and settlor with a truthful and fair attitude, ensuring the transparency and accuracy of information. Diligence and responsibility require us to conduct comprehensive and in-depth investigations and analyses of the operation of the charitable trust, to timely discover and resolve issues.

In the exploration and practice of charitable causes, Shanghai Landing Law Offices (Haikou) and Chengxin Jia Office jointly initiated a family inheritance office focusing on promoting and carrying out "family charity" activities — the Landing Chengxin Family Charitable Family Office. The establishment of this office signifies Shanghai Landing's deep recognition and firm support for the concept of "family charity." At the same time, Shanghai Landing Law Offices (Haikou) has assisted in the successful establishment of dozens of charitable trusts and family trusts, acting as a supervisor, and providing strong support for clients in the inheritance of family charity.

Since the establishment of the Landing Chengxin Family Charitable Family Office, we have been actively exploring and launching various projects and activities centered around "family charity." Our goal is to use these projects and activities to help more people understand the importance of "family charity" and promote the development of the "family charity" cause.

At the same time, we actively communicate and cooperate with experts, scholars, and charity workers in the field of public welfare and charity. We believe that only through extensive communication and deep cooperation can we better promote the development of the "family charity" cause and realize our vision.

Looking to the future, Shanghai Landing Law Offices and the Landing Chengxin Family Charitable Family Office will continue to expand their business scope with a more open attitude and more proactive actions, working together with CR Trust · Chengxin Shan Jia · Derun Family Charitable Trust to continuously deepen their involvement in the family charitable cause, advocate the concept of family charitable public welfare, promote the construction of family charity culture, and contribute to creating a harmonious atmosphere of "charity in every family, participation by everyone," truly realizing the beautiful vision of nourishing every family with charity and achieving the inheritance of charity in Chinese families.