In 2002, with the approval of the State Council, China International Trust and Investment Corporation was renamed as China CITIC Group Corporation. In the same year, CITIC Holdings Limited, the first financial holding company in China, was established. Entrusted by the head office of the Group, it exercised management power over the financial subsidiaries of CITIC System (including CITIC Bank, CITIC Securities, CITIC Trust, CITIC Life Insurance, CITIC Asset Management, CITIC Futures Broker and CITIC International Financial Holdings Limited in Hong Kong), strengthened risk management, uniformly allocated and effectively utilized financial resources, and provided all-round financial services.

Citic wantong Securities is a member of CITIC Securities. This company is the only legal person securities company of CITIC Shandong.

That is, CITIC Bank and citic wantong Securities are both subsidiaries of CITIC Group System Finance.