CITIC Group
Chinese state-owned investment company / From Wikipedia, the free encyclopedia
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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]
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Native name | 中国中信集团有限公司 | ||||||
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Type | State-owned enterprise | ||||||
Industry | Conglomerate | ||||||
Founded | July 1, 1979 | ||||||
Founder | Rong 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) | ||||||
Products | Metals Oil & gas Construction Food | ||||||
Services | Financial services Investments | ||||||
Revenue | ![]() | ||||||
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Total assets | ![]() | ||||||
Total equity | ![]() | ||||||
Owner | Ministry of Finance (100%) | ||||||
Parent | Ministry of Finance | ||||||
Subsidiaries | CITIC 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 | ||||||
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CITIC Group | |||||||
Simplified Chinese | 中信集团 | ||||||
Traditional Chinese | 中信集團 | ||||||
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Website | https://www.group.citic/en/ | ||||||
Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1] |