CITIC Limited operates in the financial services, resources and energy, manufacturing, engineering contracting, and real estate businesses in China and internationally. The company offers banking products and services; investment banking, brokerage, securities trading and lending, and asset management services; financial, wealth management, and trust services; and life, health, and accident insurance, as well as reinsurance products. It also engages in the exploration, development, and production of oil; coal mining; import and export of commodities; aluminum smelting; bauxite mining; alumina refining; manganese mining and processing; development of iron ore mine; production of copper and ferroniobium; and operation of coal-fired power stations. In addition, the company manufactures special steel, bars, plates, steel tubes, forged steel, wires, and casting billets. Further, it provides engineering contracting services for infrastructure, housing, municipal, and industrial facilities, as well as agriculture, energy, and resources sectors; and engineering services in the areas of urban development and ecological preservation projects. Additionally, the company engages in the urban renewal and development projects, including residential properties; ownership and operation of a portfolio of commercial and industrial properties; provision of telecommunication services; investment and management of ports and port terminals; distribution of motor vehicles and related services, food and FMCG products, and healthcare and electrical products; and provision of logistics, commercial aviation, and publication services. The company was formerly known as CITIC Pacific Limited and changed its name to CITIC Limited in August 2014. The company was founded in 1987 and is headquartered in Beijing, China. CITIC Limited is a subsidiary of CITIC Group Corporation.
Read More
