CITIC Group
Chinese state-owned investment company / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about CITIC Group?
Summarize this article for a 10 year old
SHOW ALL QUESTIONS
For the main subsidiary, see CITIC Limited.
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,[update] 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]
Quick Facts Native name, Company type ...
Native name | 中国中信集团有限公司 | ||||||
---|---|---|---|---|---|---|---|
Company type | State-owned enterprise | ||||||
Industry | Conglomerate | ||||||
Founded | July 1, 1979; 44 years ago (July 1, 1979) | ||||||
Founder | Rong 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) | ||||||
Products | Metals Oil & gas Construction Food | ||||||
Services | Financial services Investments | ||||||
Revenue | 467,387,430,000 renminbi (2018) | ||||||
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 | ||||||
| |||||||
CITIC Group | |||||||
Simplified Chinese | 中信集团 | ||||||
Traditional Chinese | 中信集團 | ||||||
| |||||||
Website | www | ||||||
Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards[1] |
Close