There is no connection between the three. All three belong to financial institutions. CICC and Hui Metal belong to the banking industry, and CIC belongs to the investment industry.

CICC China International Capital Corporation (investment banking, corporate finance), referred to as "CICC", is China's first Sino-foreign joint venture investment bank.

Founded in 1995, CICC is China's first Sino-foreign joint venture investment bank jointly invested by well-known domestic and foreign financial institutions and companies based on strategic cooperative relationships, with a registered capital of US$225 million.

Non-bank financial institutions that are mainly engaged in securities issuance, underwriting, trading, corporate restructuring, mergers and acquisitions, investment analysis, venture capital, project financing and other businesses are major financial intermediaries in the capital market.

Huijin Central Huijin Investment Co., Ltd. (referred to as "Central Huijin"), headquartered in Beijing, is a wholly state-owned company established with state investment in accordance with the Company Law of the People's Republic of China.

Pursuant to the authorization of the State Council, it represents the state in exercising its rights and obligations to investors of state-owned commercial banks and other key financial enterprises in accordance with the law.

Directly controlled financial institutions include six commercial banks, four securities companies, two insurance companies and four other institutions.

CIC, a common noun, includes the abbreviation of China Investment Co., Ltd. "CIC".

China Investment Corporation was established on September 29, 2007. It is a wholly state-owned company established in accordance with the Company Law of the People's Republic of China (hereinafter referred to as the "Company Law") to engage in foreign exchange fund investment management business.

China's Ministry of Finance raised 1.55 trillion yuan through the issuance of special treasury bonds and purchased foreign exchange reserves equivalent to US$200 billion as the registered capital of China Investment Corporation.