CITIC Limited

What CITIC Limited does

CITIC Limited (SEHK: 00267) is one of China's largest diversified conglomerates, headquartered in Hong Kong and majority-owned by central state-owned enterprise CITIC Group Corporation (53.12% as of December 31, 2025). The group operates through five business segments: Comprehensive Financial Services (CITIC Bank, CITIC Securities, CSC Financial, CITIC Trust, CITIC-Prudential Life); Advanced Intelligent Manufacturing (CITIC Dicastal aluminum wheels, CITIC Heavy Industries); Advanced Materials (CITIC Pacific Special Steel, Nanjing Steel, CITIC Metal, CITIC Resources, Sino Iron Project); New Consumption (CITIC Telecom, CITIC Press, CITIC Agriculture, Dah Chong Hong, Asia Satellite); and New-type Urbanisation (CITIC Construction, CITIC Environment, CITIC Offshore Helicopter, CITIC Pacific Properties). The 'industry-finance' integrated model cross-sells financial products into industrial operations, and the firm has built a multi-vertical AI deployment including the 'Xiao Xin' digital human wealth advisor, the Tianshu Industrial Internet Platform, and AI-driven quality control at its Lighthouse Factory. Reported 2025 revenue was approximately RMB 6,500-7,500 billion with net profit attributable to ordinary shareholders of RMB 69.3 billion (up 0.9% year-on-year), an ROE of 10.0%, and a global workforce of over 240,000 employees across more than 50 countries.

Name

CITIC Limited

Legal name

CITIC Limited

Website

https://citic.com

Company type

Public

Founded year

1979

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

CITIC Limited (SEHK: 00267) is a Hong Kong-listed Chinese conglomerate majority-owned by state-owned CITIC Group, operating across five segments: comprehensive financial services (banking, securities, insurance, trust), advanced intelligent manufacturing, advanced materials, new consumption, and new-type urbanization, serving corporate, institutional, and consumer customers across China and international markets.

Ownership category

akta.pro rank

Product category

Diversified Conglomerate (Financial Services and Industrial Holdings)

NAICS

Management of Companies and Enterprises (551), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523), Trust, Fiduciary, and Custody Activities (523991)

SIC

Commercial Banks, Nec (6029)

akta.pro primary industry

Corporate & Institutional Trust Services (FSAAANAB)

akta.pro secondary industries

Consumer & Retail (CPG, Food, Apparel) (FSABACAM), Chemicals & Materials (FSABACAC)

Keywords

• Commercial banking
• Investment banking
• Specialty steel
• Asset management
• Infrastructure construction

Headquarters

HQ city

Central

HQ country

Hong Kong SAR China

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Infrastructure, Technology or R&D, Supply Chain, Marketing or Sales

Revenue model

1. Comprehensive Financial Services: Revenue from banking (net interest income, fee and commission income), securities (brokerage, investment banking, asset management), trust services, and insurance premium income. This segment is the largest profit contributor, accounting for the majority of CITIC's net profit attributable to common shareholders.
2. Advanced Materials: Revenue from special steel production, mining (iron ore through Sino Iron Project), metals trading, energy, and resource operations. Includes manufacturing and sale of specialty steel products, iron ore mining and sales, and bulk commodity trading.
3. Advanced Intelligent Manufacturing: Revenue from manufacturing of automotive components (aluminum wheels, automotive parts), heavy machinery, and equipment manufacturing. Includes revenue from CITIC Dicastal (global leading aluminum wheel manufacturer) and CITIC Heavy Industries.
4. New Consumption: Revenue from telecommunications services (CITIC Telecom, CTM Macau), publishing (CITIC Press), agricultural operations, automobile distribution (Dah Chong Hong), and satellite services.
5. New-type Urbanisation: Revenue from construction contracting, engineering design, property development and investment, environmental technology, offshore helicopter services, and infrastructure investments (toll roads, ports).

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

CITIC Limited is a Chinese diversified conglomerate operating through five core business segments: Comprehensive Financial Services (banking, securities, trust, insurance, asset management), Advanced Intelligent Manufacturing (automotive components, heavy machinery), Advanced Materials (specialty steel, iron ore mining, metals trading), New Consumption (telecommunications, publishing, agriculture, automobile distribution), and New-type Urbanization (construction, environmental services, offshore helicopter services, property development). The conglomerate distributes these offerings through wholly-owned subsidiaries such as CITIC Bank, CITIC Securities, CITIC Trust, CITIC-Prudential Life, CITIC Heavy Industries, CITIC Dicastal, and CITIC Pacific Special Steel.

Product overview

CITIC Limited operates as a diversified conglomerate with five core business segments: Comprehensive Financial Services, Advanced Intelligent Manufacturing, Advanced Materials, New Consumption, and New-type Urbanization. The company offers a platform-plus-multiple-divisions architecture, with financial services spanning banking (CITIC Bank), securities (CITIC Securities, CSC Financial), trust (CITIC Trust), and insurance (CITIC-Prudential Life). Manufacturing includes automotive components (CITIC Dicastal, world's first lighthouse factory) and heavy machinery (CITIC Heavy Industries). Materials operations encompass special steel (CITIC Pacific Special Steel with smart blast furnaces), ordinary steel (Nanjing Steel), and resources (CITIC Resources, CITIC Mining International). Consumer businesses include telecom (CITIC Telecom), publishing (CITIC Press), and agriculture (CITIC Agriculture). Urbanization covers construction (CITIC Construction), environment (CITIC Environment), and properties (CITIC Pacific Properties). The company also launched its first AI-powered digital human '小信' as a wealth advisor product.

Differentiator

Problem solved

Functional benefit

Brands

• CITIC Bank: Banking and financial services subsidiary
• CITIC Securities
• CITIC Heavy Industries
• CITIC Dicastal
• CITIC Pacific Special Steel
• CITIC Telecom
• CITIC Press
• CITIC Construction

Products and services

• CITIC Bank Commercial Banking Services
• CITIC Securities and Investment Banking Services
• CITIC Trust Services
• CITIC-Prudential Life Insurance
• CITIC Pacific Special Steel Products
• CITIC Dicastal Aluminum Wheels
• CITIC Heavy Industries Equipment
• CITIC Mining International Iron Ore (Sino Iron Project)
• CITIC Telecom International Services
• CITIC Press Publishing Services
• CITIC Construction Engineering Services

Quantifiable outcome

• 2025 revenue of RMB 7,500 billion with net profit of RMB 69.3 billion, up 0.9% year-on-year
• +4 more outcomes

Named customers6 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability12 records

Feature5 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• Bank of Communications Shanghai Branch (交通银行上海市分行)coreStrategic or Co-development Partner · 1 June 2026Signed bank-enterprise strategic cooperation agreement at the 2026 Shanghai International Elderly Care, Rehabilitation Medical Equipment Expo. Cooperating in elderly care financial services innovation.
• AIA Hong Kong (友邦人寿)coreStrategic or Co-development Partner · 3 August 2024Three-party strategic cooperation with CITIC Bank Shanghai Branch and AIA. CITIC Xingye Elderly Care opens its elderly care communities covering three product lines including Xinlan, Xinfu & Xinyue, and Xinyang, providing AIA policyholders with exclusive benefits including guaranteed priority admission, priority admission, and experience stays.
• MD Anderson Cancer CentercoreStrategic or Co-development Partner · 1 September 2022Strategic partnership where Meizhong Jihe (CITIC Xingye's oncology healthcare platform) serves as the exclusive strategic partner of MD Anderson Cancer Center in China. MD Anderson is the world's leading oncology institution, ranked #1 in US cancer hospital rankings for many consecutive years.
• CITIC Bank, CITIC-Prudential Life, CITIC TrustcoreStrategic or Co-development PartnerSigned 'Four-in-One' cooperation memorandum for Shanghai region with these CITIC financial subsidiaries to jointly develop elderly care financial products and services.
• Xinhua Insurance (新华保险)minorStrategic or Co-development PartnerStrategic cooperation in elderly care industry, exploring deep collaboration in insurance product and elderly care service integration.
• Junling Insurance (君龙人寿)minorStrategic or Co-development PartnerCooperation in disabled/elderly care specialty insurance products for elderly care industry strategic cooperation.
• Maxxiphi Health (镁信健康)minorStrategic or Co-development PartnerCooperation in travel healthcare and elderly care financial technology areas.
• Molecule Lab (分子实验室)minorStrategic or Co-development PartnerCooperation in elderly care industry research and financial technology innovation.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• CK Hutchison Holdings: Hong Kong-listed Li Ka-shing conglomerate spanning ports, retail, infrastructure, energy, and telecommunications. Closely comparable to CITIC's diversified Hong Kong-listed conglomerate structure with similar Chinese economic exposure.
• Legend Holdings: Chinese state-affiliated diversified holding company (parent of Lenovo) with operations across IT, financial services, agriculture, and new materials. Highly comparable Chinese conglomerate model with state backing.
• Fosun International: Chinese private conglomerate with operations across health, happiness (leisure), insurance, and asset management. Closely comparable diversified Chinese holding company structure serving domestic consumption and financial services.
• Swire Pacific: Hong Kong conglomerate with property, aviation, beverages, shipping, and trading divisions. Comparable diversified Hong Kong-listed holding company model serving primarily Chinese and Asian markets.
• Berkshire Hathaway: The prototypical diversified conglomerate combining insurance, industrial, and investment operations. Most directly comparable to CITIC Limited's holding-company model spanning financial services, manufacturing, and infrastructure.
• Jardine Matheson Holdings: Asia-focused diversified holding company with operations in automotive, retail, property, and financial services. Comparable Hong Kong/Asia conglomerate structure with diversified business segments under a single listed entity.

Broad incumbents

• ITOCHU Corporation: Japanese general trading company (sogo shosha) with diversified operations including CITIC's joint venture partner in the USD 3B Xinjin IDC Industry Fund. Comparable diversified conglomerate model with strong Chinese market presence.
• Mitsubishi Corporation: Japanese diversified conglomerate with operations spanning natural resources, industrial materials, automotive, and infrastructure. Comparable scale and segment diversification model.

Regional players

• Samsung C&T Corporation: Korean conglomerate with construction, trading, fashion, and resort operations under the Samsung Group umbrella. Comparable diversified conglomerate model with regional Asian focus and state-affiliated backing.

Others

• China Minsheng Banking Corp: Major Chinese commercial bank subsidiary comparable to CITIC Bank, though as a standalone financial institution rather than conglomerate. Useful as a benchmark for CITIC's financial services segment performance.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/citic-group

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles2 records

Subsidiaries27 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments12 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about CITIC Limited