CITIC Limited Annual Report 2017 1 Highlights Chairman’s Letter to Shareholders OUR BUSINESSES Financial Services Resources and Energy Manufacturing Engineering Contracting Real Estate Others Financial Review Risk Management Corporate Governance Board of Directors Senior Management Report of the Directors Environmental, Social and Governance Report Partners in Industry. Report. It has a strong cash position and it is able to leverage on the support of its major shareholders. About CITIC Securities. 20% stake would be retained by McDonald's via Golden Arches Investments Limited (the trading name of McDonald's Hong Kong). However costs by 2012 had reached $7.1 billion, leading to disputes among the partners of the project. [citation needed], On the property line of business, most of CITIC Pacific's properties are large-scale projects with locations in mainland China. CITIC Limited (Chinese: 中國中信股份有限公司) is a conglomerate headquartered in Hong Kong. To the Members of CITIC Limited (incorporated in Hong Kong with limited liability) Opinion What we have audited. 2013 Annual Report 2013 Annual Report China CITIC Bank Corporation Limited bank.ecitic.com Block C, Fuhua Mansion, No. CITIC Limited is listed in Hong Kong – major shareholders include CITIC Group and Japanese and Thai conglomerates Itochu and CP Group. CITIC Construction Labour Union Hosts the Final of English Proficiency Competition Themed on Working with Talented Builders of the New Era 2018-12-18; CITIC Construction convenes walking assembly 2017-03-30; CITIC Construction holds activities to celebrate Women’s Day 2017-03-22; CITIC BN Vocational School Holds 2016 Annual Summary Conference on Second … The increase in profit was also driven by the gains from special steel business and sales of assets, which totalled HK$3,008 million. CITIC Trust. These are widely used in various industries, including auto components, machinery manufacturing, oil and petrochemicals, transportation, energy, railways and shipbuilding. Overview. CITIC Resources Holdings Limited 9 Annual Report 2007 Strong global demand for energy resources and commodities presents increased opportunities for the Group. Date Author CITIC Limited Permission (Reusing this file) See below. Its goals are to support fair competition, while contributing to the development of technology and a high quality supply chain. CITIC Telecom International owns and operates a telecoms hub that provides interoperability, interconnections and value-added services. The products from the Sino Iron project will not only be used in CITIC Pacific's special steel mills in China, but also in other Chinese steel mills. Energy products. The directors recommended, subject to approval of the shareholders at the forthcoming annual general meeting of CITIC Limited to be held on 5 June 2019 (the “2019 AGM”), the payment of a final dividend of HK$0.26 per share (2017: HK$0.25 per share) in respect of the year ended 31 December 2018, payable on Wednesday, 26 June 2019 to shareholders on CITIC Limited’s register of members at the close of … Itochu's Citic Deal Towers Above Others", "CITIC Limited Receives Investment from Charoen Pokphand Group and ITOCHU", "VOLUNTARY ANNOUNCEMENT: ACQUISITION OF A CONTROLLING INTEREST IN MCDONALD'S MAINLAND CHINA AND HONG KONG BUSINESSES", "Citic to Sell 22% Stake in McDonald's China for $300 Million", https://en.wikipedia.org/w/index.php?title=CITIC_Limited&oldid=1000572279, Companies in the Hang Seng China Enterprises Index, Companies listed on the Hong Kong Stock Exchange, Articles with dead external links from June 2019, Articles with permanently dead external links, Articles containing Chinese-language text, Articles containing traditional Chinese-language text, Articles with a promotional tone from November 2014, Wikipedia articles in need of updating from November 2014, All Wikipedia articles in need of updating, Articles needing cleanup from November 2014, Cleanup tagged articles with a reason field from November 2014, Wikipedia pages needing cleanup from November 2014, Articles with unsourced statements from May 2011, All articles with specifically marked weasel-worded phrases, Articles with specifically marked weasel-worded phrases from May 2011, Articles to be expanded from October 2016, Creative Commons Attribution-ShareAlike License, This page was last edited on 15 January 2021, at 18:10. Annual Report Postal Code :100010 Investor Hotline :+86-10-85230010 Email Address :ir@citicbank.com Address :No.9 Chaoyangmen Beidajie, Dongcheng District, Beijing (A joint stock limited company incorporated in the People’s Republic of China with limited liability) Stock Code:0998 Website :www.citicbank.com This Annual Report is printed on recyclable paper 2019 Annual Report China CITIC … CITIC Heavy Industries. [6] The unauthorised trades were hedges with a contract value of A$9 billion against the Australian dollar, taken out to cover against a A$1.6 billion prospective acquisition and capital expenditure. CITIC-Prudential. [8] When the shares resumed trading, the share price had fallen by some 75% since the previous close. Losses were incurred on the contracts when the currency declined from 98.5% against the US dollar to less than 70%. The project was conceived in 2006 with a total cost of under $2 billion. CITIC Bank. Its shares are listed on the Main Board of the Hong Kong Stock Exchange, and it is a constituent of the Hang Seng Index. Shenzhou Peninsula project on Hainan Island will benefit from the government's plan to promote the island as an international tourism destination. IR Calendar. This image or logo only consists of typefaces, individual words, slogans, or simple geometric shapes. They were replaced by Chang Zhenming, the Chairman of the CITIC Group.[15]. During the period under review, CITIC- Overview. The Australia based businesses of aluminium smelting, coal and import and export of commodities continue to make significant CITIC Telecom International Holdings Limited (the “Company”, and together with its subsidiaries the “Group”) was established in 1997 in Hong Kong and was listed on The Stock Exchange of Hong Kong Limited on 3 April 2007. Its shares are listed on the Main Board of the Hong Kong Stock Exchange, and it is a constituent of the Hang Seng Index. Financial Report. Share & Dividend. Notices on Replacement Share Certificates. [3] In July 2012, with production due to begin within weeks, the budget was increased further to US$8 billion. These include Shanghai's Lu Jia Zui New Financial District project, the Sichuan Beilu Station and The Centre in Jiading, which form part of the city's new railway transport system. Maria Chan (22 October 2008) "Company exposed itself to high levels of risk", Pg A3. Overview. These are not eligible for copyright alone because they are not original enough, and thus the logo is considered to be in the public domain. Shareholding Structure. [20] In January 2020, CITIC invited other investors to buy most of their stake in the aforementioned Fast Food Holdings.[21][22]. Major products include the following categories: bar steel, wire steel, mid to thick wall seamless steel tubes, special steel plates and special forging steel. Through expansion, the company's annual steel producing capacity increased to eight million tonnes at the end of 2010. [6] Managing Director Henry Fan temporarily stepped down from the Executive Council and the chairmanship of the Mandatory Provident Fund Schemes Authority, and all other major public positions he held with effect 24 October 2008. Over the year, CITIC Bank continued to focus on integrating fintech solutions.