CITIC Group
Headquarters at China Zun | |||||||
Native name | 中国中信集团有限公司 | ||||||
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| Company type | State-owned enterprise | ||||||
| Industry | Conglomerate | ||||||
| Founded | July 1, 1979 | ||||||
| Founder | Rong Yiren | ||||||
| Headquarters | , China | ||||||
Key people |
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| Products | Metals Oil & gas Construction Food | ||||||
| Services | Financial services Investments | ||||||
| Revenue | US$ 131.2 billion (2023) | ||||||
| US$ 4.124 billion (2023) | |||||||
| Total assets | US$ 1,617.6 billion (2023) | ||||||
Number of employees | 213,290 (2023) | ||||||
| Parent | Ministry of Finance | ||||||
| Subsidiaries | CITIC Limited | ||||||
| Chinese name | |||||||
| Simplified Chinese | 中国中信集团有限公司 | ||||||
| Traditional Chinese | 中國中信集團有限公司 | ||||||
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| CITIC Group | |||||||
| Simplified Chinese | 中信集团 | ||||||
| Traditional Chinese | 中信集團 | ||||||
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| Website | www | ||||||
| Footnotes / references in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards | |||||||
CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping. Its headquarters are in Chaoyang District, Beijing. As of 2019, it is China's biggest state-run conglomerate with one of the largest pools of foreign assets in the world. In 2023, the company was ranked 71st in the Forbes Global 2000.