CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping.[2] Its headquarters are in Chaoyang District, Beijing.[3] As of 2019, it is China's biggest state-run conglomerate[4] with one of the largest pools of foreign assets in the world.[5]

Quick facts: Native name, Type, Industry, Founded, Founder...
CITIC Group Corporation Ltd.
Native name
中国中信集团有限公司
TypeState-owned enterprise
IndustryConglomerate
FoundedJuly 1, 1979; 43 years ago (July 1, 1979)
FounderRong Yiren
Headquarters,
China
Area served
People's Republic of China
Key people
Chang Zhenming (Chairman), Jiong Wang (Vice Chairman, President, Member of Executive Committee and Member of Nomination Committee), Jianzhong Dou (Executive Director and Member of Executive Committee), Wei Min Ju (Chief Financial Officer)
ProductsMetals
Oil & gas
Construction
Food
ServicesFinancial services
Investments
Revenue ¥375 billion RMB (2013)
¥71 billion RMB (2013)
¥38 billion RMB (2013)
Total assets ¥4.300 trillion RMB (2013)
Total equity ¥272 billion RMB (2013)
OwnerMinistry of Finance (100%)
ParentMinistry of Finance
SubsidiariesCITIC Limited
Chinese name
Simplified Chinese中国中信集团有限公司
Traditional Chinese中國中信集團有限公司
CITIC Group
Simplified Chinese中信集团
Traditional Chinese中信集團
Websitehttps://www.group.citic/en/
Footnotes / references
in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1]
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