CITIC Limited (0267.HK)

9.060 -0.100 (-1.09%) At close: 04:08PM HKT

CITIC Limited

CITIC Tower
32nd Floor 1 Tim Mei Avenue
Central
Hong Kong
852 2820 2111
https://www.citic.com

Sector(s): Industrials
Industry: Conglomerates
Full-time employees: 136,637

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Hexin Zhu	Exec. Chairman	1.01M	N/A	1968
Mr. Guohua Xi	Vice Chairman & Pres	1.01M	N/A	1963
Mr. Guoqiang Cao	Chief Financial Officer	N/A	N/A	1964
Ms. Youmei Ni	Chief Accountant	N/A	N/A	1966
Ms. Lisa Yang	Gen. Mang. of Technical Services	N/A	N/A	N/A
Ms. Chen Meng Holly	Director of Group Investor Relations & Corp. Communications	N/A	N/A	1967
Mr. Wing Kay Choy	Group Gen. Counsel & Joint Company Sec.	N/A	N/A	1975
Ms. Huayue Zhu	Gen. Mang. of Sales & Marketing	N/A	N/A	N/A
Mr. Youjun Zhang	Assistant Pres	N/A	N/A	1965
Mr. Jun Cui	Member of Exec. Committee	N/A	N/A	1965

Amounts are as of 31 December 2021, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

CITIC Limited operates in the financial services, resources and energy, manufacturing, engineering contracting, advanced materials, consumption, and urbanization businesses worldwide. The company's Comprehensive Financial Services segment provides banking, trust, insurance and reinsurance, investment banking, wealth and asset management, financial markets, equity investment, financing, and other integrated financial services. Its Advanced Intelligent Manufacturing segment offers wheels and lightweight cast components, and chassis and body systems; and mining and heavy machinery, specialized robots and intelligent equipment, new energy equipment, and special materials. The company's Advanced Materials segment offers special steel products; and high-grade chloride, as well as explores, develops, and produces oil. It also invests in coal and bauxite mining, import and export of commodities, electrolytic aluminum, and alumina smelting; and invests in and manages power plants. The company's New Consumption segment provides telecommunications services; and leases and sells satellite transponders. It also publishes books and digital books, as well as engages in bookstore retailing business. In addition, this segment deals and distributes with supporting services for automotive brands; and develops agricultural science and technology, as well as engages in the brand development, manufacturing, commodity trading, agency distribution, logistics, and retail in the food and fast-moving consumer goods, healthcare, and electrical products industries. The company's New-Type Urbanisation segment provides environmental and infrastructure, contracting and design, healthcare, and general aviation services; and develops and invests in mixed-use and commercial properties, and residential properties. 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 based in Central, Hong Kong.

Corporate governance

CITIC Limited’s ISS governance QualityScore as of 1 March 2023 is 5. The pillar scores are Audit: 3; Board: 4; Shareholder rights: 9; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.