CITIC Group is a state-owned enterprise. CITIC Group refers to China CITIC Group Co., Ltd., a central financial enterprise initiated and approved by Deng Xiaoping, the chief architect of reform and opening up, and founded by Rong Yiren, the former vice president of China, on May 4, 2008+0979+/KLOC-0. 20111February, with the approval of the State Council, China CITIC Group Corporation was restructured into a wholly state-owned company and renamed as China CITIC Group Co., Ltd.

Business and strength of the company

Financial field: It involves banking, securities, trust, insurance, funds, asset management and other industries and fields, forming an all-round financial service system.

Industry: covering real estate, project contracting, resources and energy, infrastructure, machinery manufacturing, information industry, etc. , showing strong comprehensive advantages and good development momentum.

Important events and achievements

Bid price of Beijing CBD plot: 20 10 12.22. CITIC Group won the core plot of Beijing Central Business District (CBD) for 6.3 billion yuan, setting a new record for the transfer price of a single plot.

Rank of the world's top 500: CITIC Group has been selected as the Fortune Global 500 for many years in a row, such as the ranking of 100 in 2023, which shows its strong global competitiveness.

Strategic cooperation and influence

Cooperation with National Energy Group: On April 4, 2023, CITIC Group and National Energy Group signed a strategic cooperation agreement in Beijing, and the two sides will carry out in-depth cooperation in various fields.

Social Impact: As the window and pilot of China's reform and opening up, CITIC Group's successful experience and innovative practice have had a far-reaching impact on China's economic development.