(*The above percentage is as at 31 December 2020 and the exact shareholding may change from time to time and the above-mentioned figures may not reflect the most updated information)
About CITIC Group
CITIC Group was established in 1979 by Mr. Rong Yiren with the support of late Chinese leader Deng Xiaoping. Since its inception, CITIC Group has been a pilot for national economic reform and an important window on China’s opening to the outside world. It has blazed a new trail of development for China’s Reform and Opening-up by raising foreign capital, introducing advanced technologies, and adopting advanced international practice in operation and management, thus building up good reputation both home and abroad.
CITIC Group has developed into a large state-owned multinational conglomerate with a wide range of businesses covering finance, energy and resources, manufacturing, engineering contracting, real estate and others. CITIC Group ranks 126th on Fortune Global 500 in 2020.
In August, 2014, CITIC Group injected its majority assets into CITIC Pacific, its Hong Kong-listed subsidiary, which was sequentially renamed CITIC Limited (SEHK: 00267).
CITIC Limited (SEHK: 00267) is one of China’s largest conglomerates and a constituent of the Hang Seng Index. Among our diverse global businesses, we focus primarily on financial services, resources and energy, manufacturing, engineering contracting and real estate. As China’s economy matures and is increasingly weighted toward consumption and services, CITIC is building upon its existing consumer platform, expanding into complementary businesses that reflect these trends and opportunities.
Tracing our roots to the beginning of China’s opening and reform, we are driven today by the same values upon which we were founded: a pioneering spirit, a commitment to innovation and a focus on the long term. We embrace world-class technologies and aim for international best practice. We are guided by a strategy that is customer-centric, commercially-driven, and far-sighted in the allocation of capital and resources.
Our platform is unique in its diversity and scale, allowing CITIC to capture emerging opportunities in China and around the world. Guiding us as we grow is our fundamental commitment to create long-term value for all of our shareholders.
As of 30 June 2020, CITIC Limited had total assets of HK$9,740 billion and total ordinary shareholders’ funds of over HK$674 billion.
For more information about CITIC Limited, please visit www.citic.com
Chang Zhenming, Chairman of CITIC Group met Chui Sai On, CE of Macau SAR
Wang Jiong, Vice Chairman of CITIC Group Visited CTM
The 10th Listing Anniversary of CITIC Telecom International