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Is CITIC Group a state-owned enterprise? Which unit is directly under the jurisdiction of CITIC Group?

CITIC Group is a state-owned enterprise under the direct jurisdiction of the Beijing Administration for Industry and Commerce.

CITIC Group Corporation (formerly China International Trust and Investment Corporation) was restructured into a wholly state-owned company and renamed China CITIC Group Co., Ltd. ("CITIC Group") with a registered capital of RMB 183.70263 billion. The legal representative is Chang Zhenming.

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 given full play to its important role as an economic reform pilot and a window for opening up to the outside world.

It has carried out fruitful exploration and innovation in many fields, and has successfully opened up a new path by absorbing and utilizing foreign investment and introducing advanced technology. , equipment and management experience serve China's reform, opening up and modernization construction. It has established a good reputation and image at home and abroad, and achieved remarkable 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.

Extended information:

1. The business scope of CITIC Group is as follows:

Investment management of domestic and overseas banks, securities, insurance, trusts, asset management, futures, and leasing , funds, credit card financial enterprises and related industries, energy, transportation infrastructure, minerals, forest resource development and raw material industry, machinery manufacturing, real estate development, information infrastructure, basic telecommunications and value-added telecommunications services.

2. The corporate culture of CITIC Group is as follows:

Our vision is to become a first-class domestic financial enterprise that provides comprehensive financial services.

Our mission is to gather wealth and wisdom and enjoy growth.

Core Values ??Pursuit of excellence.

Business philosophy: Integrity management, standardized operation, innovative development.

Business development strategy: customer-oriented, research-driven, technology-leading, internal control first.

Human resources philosophy: Appropriate according to ability, performance first, fair competition, long-term incentives.

Baidu Encyclopedia-CITIC Group Co., Ltd.