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CITIC Limited (0267.HK)

HKSE - HKSE Delayed price. Currency in HKD
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7.950+0.010 (+0.13%)
At close: 4:08PM HKT

CITIC Limited

CITIC Tower
32nd Floor 1 Tim Mei Avenue
Central 100020
Hong Kong
852 2820 2111
http://www.citic.com

Sector(s)Industrials
IndustryConglomerates
Full-time employees135,304

Key executives

NameTitlePayExercisedYear born
Mr. Hexin ZhuExec. Chairman677.48kN/A1968
Mr. Guohua XiVice Chairman & Pres711.2kN/A1963
Ms. Youmei NiChief AccountantN/AN/AN/A
Ms. Qingping LiVP & Exec. Director920kN/A1962
Mr. Shijun ChengChief AuditorN/AN/AN/A
Mr. Zhenjun LuanVP and Group TreasurerN/AN/A1967
Mr. Gang QianPres of CITIC Pacific Special SteelN/AN/AN/A
Mr. Haiyong WangSec. of the Board of DirectorsN/AN/AN/A
Mr. Guoqiang CaoChief Financial OfficerN/AN/A1964
Ms. Lisa YangGen. Mang. of Technical ServicesN/AN/AN/A
Amounts are as of 31 December 2020, 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, 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.

Corporate governance

CITIC Limited’s ISS governance QualityScore as of 1 July 2021 is 7. The pillar scores are Audit: 4; Board: 5; Shareholder rights: 4; Compensation: 10.

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.