Adhering to the principles of innovation, CITIC has attracted foreign capital, introduced advanced technologies, and adopted international best practices in its operations. As a result, it has achieved remarkable success in various business fields, contributing significantly to the country's reform and opening-up initiative and garnering a strong reputation both domestically and abroad.
The company has expanded into a transnational conglomerate with 44 subsidiaries, including banks, in locations such as Hong Kong, the United States, Canada, Australia, and New Zealand. Additionally, it has established representative offices in Tokyo, New York, and Kazakhstan. CITIC’s core areas of focus span the financial industry, industrial investment, and service industries. By the end of 2008, the company's total assets amounted to RMB 1631.6 billion with an after-tax profit of RMB 14.2 billion. This robust financial standing underscores its position as a key player in the global business landscape.
