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China CITIC Group Co., Ltd. (fmerly China International Trust  Investment Cpation) was founded by Comrade Rong Yiren in 1979 with the suppt of Comrade Deng Xiaoping.  Since its establishment, the company has given full play to the imptant role of economic refm pilots  opening to the outside wld, has carried out fruitful explation  innovation in many fields,  has successfully developed a path f China’s refm  opening up through the absption  use of feign capital, the introduction of advanced technology, equipment  management experience.   the innovative development of modernization services.
 
 
 
 In 2002, the China International Trust  Investment Cpation underwent institutional refms  changed its name to China CITIC Group Cpation, becoming a state-authized investment institution.  In 2011, China CITIC Group Cpation was restructured into a wholly state-owned company, renamed China CITIC Group Co., Ltd. (referred to as CITIC Group),  initiated the establishment of China CITIC Co., Ltd. (referred to as CITIC Co., Ltd.).  In August 2014, CITIC Group injected 100% of the equity of CITIC Limited into the Hong Kong listed company CITIC Pacific, realizing an overall overseas listing.

CITIC Group has now developed into a large-scale state-owned comprehensive multinational enterprise group, whose business involves finance, resources  energy, manufacturing, engineering contracting, real estate  other fields.  In 2020, CITIC Group has been listed on the Ftune 500 list in the United States f the 12th consecutive year, ranking 126th.
 
CITIC (SEHK: 00267) is one of the largest constituent stocks of Hong Kong's Hang Seng Index.  As of December 31, 2019, CITIC’s total assets reached HK$8,289.9 billion,  the equity attributable to dinary shareholders was HK$591.5 billion.