CITIC Group

CITIC Group Corporation Ltd.
Native name
中国中信集团有限公司
Company typeState-owned enterprise
IndustryConglomerate
FoundedJuly 1, 1979 (July 1, 1979)
FounderRong Yiren
Headquarters,
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
Revenue467,387,430,000 renminbi (2018) Edit this on Wikidata
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
Websitewww.group.citic Edit this at Wikidata
Footnotes / references
in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1]

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] In 2023, the company was ranked 71st in the Forbes Global 2000.[6]

  1. ^ "2013 Annual Report" (RAR). CITIC Group. 2014. Archived from the original on 25 November 2016. Retrieved 24 November 2016.
  2. ^ "CITIC Group Corporation: Brief Introduction". CITIC Group. Archived from the original on March 4, 2016. Retrieved August 17, 2015.
  3. ^ "Citic Group Contact". Archived from the original on 2013-03-10. Retrieved 2012-02-24.
  4. ^ Liu, Alfred (August 14, 2019). "Citic Joins Chinese State Firms Boycotting Cathay Pacific". Bloomberg Business. Archived from the original on 2020-06-09. Retrieved 17 August 2019.
  5. ^ "CITIC Limited | Corporate Profile". citic.com. Archived from the original on 2017-09-23. Retrieved 2017-09-22.
  6. ^ "The Global 2000 2023". Forbes. Archived from the original on 2024-01-29. Retrieved 2024-02-07.

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