Is it illegal for Minsheng Trust to unilaterally postpone?

Minsheng Trust is one of the few private trust companies in China. Minsheng Bank Fund is the fund company of Minsheng Bank, and there is no other connection between them except for their similar names. Because the controlling shareholder is different, the business is different.

About the definition of trust:

Trust refers to the act that the trustor entrusts his legally owned property to the trustee based on his trust in the trustee (trust and investment company), and the trustee manages or disposes in his own name for the benefit of the beneficiary or for a specific purpose according to the wishes of the trustor. Simply put, it is "entrusted by people to manage money on their behalf."