CITIC Group Company Profile

China CITIC Group Co., Ltd. (CITIC Group in English) is a company founded on October 4, 1979 by former Vice President Rong Yiren, personally initiated and approved by Deng Xiaoping, the chief architect of reform and opening up. The main business is concentrated in finance, industry and other service industries. In December 2018, the "Top 500 World Brands 2018" was announced, with China CITIC Group Co., Ltd. ranked 241st.

CITIC Group was founded in 1979 by Mr. Rong Yiren under the advocacy and support of Mr. Deng Xiaoping. Since its establishment, CITIC Group has explored and innovated in many fields, and has successfully opened up an innovative development path for reform, opening up and modernization by absorbing and utilizing foreign capital, introducing advanced technology, equipment and management experience, and has established a good reputation at home and abroad. image and achieved significant business performance.

CITIC Group has now developed into a large-scale comprehensive multinational enterprise group that develops both finance and industry. Among them, finance involves banking, securities, trust, insurance, funds, asset management and other industries and fields; industry involves real estate, engineering contracting, resources and energy, infrastructure, machinery manufacturing, information industry and other industries and fields, with strong comprehensive advantages and good development momentum.

As of the end of 2012, CITIC Group had total assets of 3.5657 billion yuan, net assets of 235.5 billion yuan, annual operating income of 349.8 billion yuan, and net profit of 30.16 billion yuan. Since 2009, it has been selected into the "Fortune 500" list of companies in the United States for three consecutive years, ranking 172nd in 2013.

The subsidiaries of CITIC Group are as follows:

1. Financial subsidiaries

CITIC Holdings Co., Ltd.

CITIC Trust Co., Ltd. Responsible company

CITIC Investment Holdings Co., Ltd.

China CITIC Bank Co., Ltd. (listed company)

CITIC Bank (International) Co., Ltd.

< p>CITIC International Financial Holdings Co., Ltd.

Prudential Life Insurance Co., Ltd. (joint venture insurance company)

CITIC Securities Co., Ltd. (listed company)

CITIC Xinji Futures Co., Ltd. (joint venture futures brokerage company)

CITIC Asset Management Co., Ltd.

CITIC Capital Holdings Co., Ltd.

Prudential Fund Co., Ltd.

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2. Industrial subsidiaries

CITIC Guoan Group Corporation

CITIC Pacific Limited (listed company)

CITIC Australia Corporation

CITIC (Hong Kong) Group Co., Ltd.

CITIC China East (Group) Co., Ltd.

CITIC South China (Group) Co., Ltd.

CITIC Shenzhen (Group) ) Company

Guohua International Engineering Contracting Company

CITIC Real Estate Co., Ltd.

CITIC Construction Co., Ltd.

China Municipal Engineering Zhongnan Design Institute

Wuhan Architectural Design Institute

CITIC Metal Company

CITIC Heavy Machinery Co., Ltd. (listed company)

CITIC Tianjin Industrial Development Company

CITIC Mechanical and Electrical Manufacturing Company

Bohai Aluminum Co., Ltd.

CITIC Dicastal Co., Ltd.

CITIC Networks Co., Ltd.

CITIC Network Technology Co., Ltd.

CITIC Resources Holdings Co., Ltd. (listed company)

3. Service subsidiaries

CITIC International Cooperation Company

CITIC Property Services Co., Ltd.

CITIC Press

CITIC Tourism Corporation

China International Economic Consulting Corporation

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Asia Satellite Holdings Co., Ltd. (listed company)

CITIC Ocean Helicopter Co., Ltd. (listed company)

CITIC Culture and Media Group

CITIC International Trading Co., Ltd.

Honglian Jiuwu Information Industry Co., Ltd.

Extended information

Successive senior executives of CITIC Group:

1979 -1993: Rong Yiren serves as chairman and general manager;

1993-1995: Wei Ming serves as chairman and Wang Jun serves as general manager;

1995-2000: Wang Jun serves as director Chairman, Qin Xiao serves as General Manager;

2000-2006: Wang Jun serves as Chairman, Kong Dan serves as Vice Chairman and General Manager;

2006-2010: Kong Dan serves as Director Chairman, Chang Zhenming serves as Vice Chairman and General Manager;

2010-April 2013: Chang Zhenming serves as Chairman, and Tian Guoli serves as Vice Chairman and General Manager;

April 2013-2018: Chang Zhenming serves as chairman, and Wang Jiong serves as vice chairman and general manager.

Baidu Encyclopedia-CITIC Group Co., Ltd.