What is the relationship between CITIC Pacific and CITIC Group?

CITIC Pacific is registered in Hong Kong. The original chairman was the son of Rong Yiren. Boss Rong went to Hong Kong to start a business while he was alive, and CITIC Group held shares. As it turns out, Rong Zhijian himself has always held a large number of shares. However, since the eldest daughter of Rong Zhijian, the chief financial officer of the Pacific Ocean, provoked a storm of speculation in the Australian dollar last year, resulting in losses in the Pacific Ocean, CITIC Group increased its shareholding and became the largest shareholder. Rong Zhijian is no longer the chairman of the board of directors.

China CITIC Group Co., Ltd. (formerly known as China International Trust and Investment Corporation, abbreviated as CITIC Group in English), a central financial enterprise, was initiated and approved by Deng Xiaoping, the chief architect of reform and opening up, and was founded by Rong Yiren, the former vice president of China, on June 4, 20 1979. The main business is mainly financial, industrial and other service industries.

20 18 12 was published in the "Top 500 World Brands 20 18" compiled by the World Brand Lab, and China CITIC Group Co., Ltd. ranked 24 1. 20 19 July, Fortune Global 500 released: ranking 137. 20 19 September, 20 19 China Top 65438 strategic emerging industries list was released in Jinan, ranking by China CITIC Group Co., Ltd.17; 20 19 the list of the top 500 service enterprises in China was released in Jinan, and China citic group co., ltd ranked 17. 20 19 12, China citic group co., ltd was selected as the brand of China brand power festival on 20 19.

By the end of 20 12, CITIC Group had total assets of 3,565.7 billion yuan, net assets of 235.5 billion yuan, annual operating income of 349.8 billion yuan and net profit of 3160 million yuan. In 20 17, CITIC Group ranked among the Fortune Global 500 for the ninth consecutive year, ranking 172.