CITIC Group Corp - Company Profile
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CITIC Group Corp (CITIC), formerly known as China International Trust and Investment Corporation, is a multinational conglomerate. The company is engaged in financial services, advanced intelligent manufacturing, advanced materials, new consumption, and new-type urbanization businesses. CITIC’s business portfolio covers a range of services including banking, securities, trust, insurance, asset management, financial leasing, engineering contracting, infrastructure development, real estate, telecommunications, manufacturing, mining, metals, and resource-related products and services. The company also has a presence in other business activities such as information services, infrastructure, general trading, environmental services, modern agriculture, publishing, and general aviation. It conducts business through a network of subsidiaries and affiliates across China and international markets. CITC is headquartered in Beijing, China.
CITIC Group Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Heavy Machinery | Commercial Banking |
| Industrial Equipment | Investment Banking |
| Aluminum Wheel | Insurance Services |
| XYZ | XYZ |
| XYZ | XYZ |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Corporate Changes/Expansions | In January, the company launched the 'CITIC · Hong Kong' service brand at the Asian Financial Forum. |
| 2025 | Corporate Changes/Expansions | In December, the company inaugurated CITIC Equipment Manufacturing Group in Luoyang, Henan. |
| 2025 | Contracts/Agreements | In March, the company and Standard Chartered Bank signed a Memorandum of Understanding in Beijing to enhance strategic cooperation in finance and sustainable development, supporting each other's internationalization strategies and facilitating cross-border investment. |
Competitor Comparison
| Key Parameters | CITIC Group Corp | Chevalier International Holdings Ltd | CK Infrastructure Holdings Ltd | China Civil Engineering Construction Corp | China Gezhouba Group Co Ltd |
|---|---|---|---|---|---|
| Headquarters | China | Hong Kong | Hong Kong | China | China |
| City | Beijing | Hong Kong | Hong Kong City | Beijing | Wuhan |
| State/Province | Beijing | - | - | Beijing | Hubei |
| No. of Employees | - | 2,269 | 2,253 | - | - |
| Entity Type | Private | Public | Public | Private | Private |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Xi Guohua | Chairman | Executive Board | - | 63 |
| Liu Zhengjun | Director; Vice President | Executive Board | - | 61 |
| Zhang Wenwu | President; Vice Chairman | Executive Board | - | 53 |
| Wang Guoquan | Vice President; Director | Executive Board | - | 54 |
| Wei Qiang | Director; General Manager - Human Resource | Executive Board | - | 52 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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