CITIC Group is a large state-owned comprehensive multinational enterprise group.

At present, CITIC Group has 175 first-level subsidiaries. The more familiar ones are CITIC Bank, CITIC Securities, China Asset Management Co., Ltd., Asia Satellite, Great Wall Broadband, Prudential Life Insurance, Guoan Group, CITIC Trust, Asia Satellite

etc. are all subsidiaries of CITIC Group.

CITIC Group is directly under the State Council. It is an enterprise authorized by the state to invest on behalf of the state. It is a ministerial-level enterprise. Currently, there are only three central enterprises at the ministerial level in my country: CITIC Group, China Investment Group and China Railway Corporation.

CITIC Group's business involves the financial industry, engineering contracting industry, as well as resources and energy, manufacturing, real estate, etc.

CITIC Group's financial enterprises involve banking business, securities business, fund business, insurance business, trust, futures, investment, asset management, etc.

Financial companies, such as China's seventh largest commercial bank - China CITIC Bank Co., Ltd.; Asia's largest securities company - CITIC Securities Co., Ltd.; China's largest fund company - Huaxia Asset Management Co., Ltd.; China's largest trust company - CITIC Trust

Limited liability company and Prudential Life Insurance Co., Ltd., these companies that everyone often hears about are companies under the CITIC Group.

CITIC Group's non-financial enterprises involve culture, sports, entertainment, health, medical care, agricultural development, scientific research, telecommunications, the Internet, coal, oil and natural gas extraction industries, and construction industries.

The ones that everyone is familiar with include CITIC Publishing Co., Ltd., Tianshi Group Energy Co., Ltd., Hangzhou Hand Surgery Hospital, Tianshi Group Energy Co., Ltd., Great Wall Broadband Network Services Co., Ltd., and CITIC Real Estate Co., Ltd., which are all companies under CITIC Group.

At present, CITIC Group's business is involved in many countries such as Singapore, Japan, the United States, Australia, Canada, the Philippines, and Spain.

China CITIC Group Co., Ltd. (formerly known as China International Trust and Investment Corporation, referred to as CITIC Group, English as CITIC Group) is a central financial enterprise. It was initiated and approved by Deng Xiaoping, the chief architect of reform and opening up, and founded by former Vice Chairman Rong Yiren in 1979.

The company was founded on October 4, 2018.

The main business is concentrated in finance, industry and other service industries.