CITIC Limited provides services in two areas — telecommunications covering mobile sales & services, Internet services, international telecommunications services, enterprise solutions and fixed line services operated by CITIC Telecom International; and the leasing and sale of satellite transponders operated by AsiaSat.
CITIC Telecom International’s services cover international telecommunications services (including mobile, Internet, voice and data services), integrated telecoms services (in Macau), and through its wholly-owned subsidiary, CITIC Telecom International CPC Limited (“CPC”), has established numerous PoPs around the world (especially in the Asia- Pacific region) to provide data and telecoms services (including VPN, Cloud, network security, co-location, Internet access, etc.) to multinational corporations. CPC is one of the most trusted partners of leading multinational and business enterprises in the Asia-Pacific region.
CITIC Telecom International holds a 99% equity interest in Companhia de Telecomunicações de Macau, S.A.R.L. (“CTM”). CTM is one of the leading integrated telecoms services providers in Macau, and is the only full telecoms services provider in Macau. It has long provided quality telecoms services to the residents, government and enterprises of Macau, and plays an important role in the ongoing development of Macau.
AsiaSat’s business involves the leasing and sale of satellite transponders, broadcasting, communications and data uploading and downloading services.
Dah Chong Hong is engaged in the trading, distribution and logistics business. The company is involved in the sales of motor vehicles and associated services, food and consumer products, as well as provision of logistics services. The company has well-established networks in Hong Kong, Macau and mainland China, as well as operations in Taiwan, Japan, Singapore and Myanmar.
CITIC Limited’s infrastructure business is involved in the investment and management of expressways and port terminals in China through CITIC Industrial Investment. It also has an interest in The Eastern Harbour Tunnel and The Western Harbour Tunnel in Hong Kong through CITIC Pacific of which the Eastern Harbour Tunnel will be passed to the Hong Kong government in August 2016 upon termination of the franchise.
Expressway projects, in which CITIC Industrial Investment has three interests — the Chengdu-Chongqing Expressway, Chongqing-Guizhou Expressway and Shanghai-Chongqing Expressway — have a combined cumulative mileage of 283km. With extensive operational experiences in the sector, CITIC Industrial Investment has set up an investment, construction management and operation team with rich experience and strong execution capabilities. The port terminals business mainly consists of investment in and the proprietary operation of liquefied oil terminals and storage, as well as the operation of other types of berths such as container berths. CITIC Industrial Investment’s objective in this business is to become a major investor in and operator of port terminals and storage in the domestic port terminal industry.
CITIC Environment Investment Group (“CITIC Environment”) is CITIC Limited’s specialised investment and operational platform in the field of environmental protection. It specialises in three major sectors, namely water and solid waste treatment, energy saving services and carbon finance.
In 2015, CITIC Environment successfully acquired Singapore’s leading water treatment company United Envirotech Ltd (“UEL”) and became the controlling shareholder of UEL. This latter company was later renamed CITIC Envirotech Ltd (“CITIC Envirotech”). CITIC Envirotech was established in 2003 and listed on the Main board of the Singapore Exchange Securities Trading Limited in 2004. It is an integrated water supply and wastewater treatment solutions provider with a business model covering the whole industrial chain, including the investment in and operation of the engineering, procurement and construction (“EPC”) division, membrane technology division and water division. In addition, CITIC Envirotech is a leading global environmental protection and water company, focusing on research and the production of membranes and technology for integrated production techniques. Its business focus is on the industrial water and wastewater segment, mainly in local municipalities, and petrochemical and industrial parks.
CITIC sees huge potential for the environmental protection market. CITIC Envirotech will timely seize opportunities for development due to favourable government policies, and achieve leaping development by overcoming challenges.
CITIC Limited is working to establish a modern agricultural production regime to upgrade the upstream agricultural industry. It will do so by leveraging its big data platform to address three major areas of demand related to new types of agricultural production associated with technology, financing and agricultural materials.
In 2015, CITIC Limited acquired shares in Yuan Long Ping High-Tech Agriculture Co., Ltd. (“Longping High-Tech”), a company listed on the Shenzhen Stock Exchange. This transaction was approved by the China Securities Regulatory Commission at the end of 2015. With the completion of the share transfer process, CITIC Limited became the largest and controlling shareholder of Longping High-Tech. CITIC Limited will accelerate the consolidation of domestic farming industry and the strategic development of international market, further enhancing its global competitiveness.
CITIC Press is a large-scale and influential integrated cultural services provider in China, principally engaged in book publishing, digital publishing, education and training, bookstore retailing and investment in other cultural activities. It also offers high-quality content and creativity for customers. CITIC Press has obtained all licenses issued by the State Administration of Press, Publication, Radio, Film and Television for its publication, distribution and retail operations, and is a large-scale and influential integrated cultural services provider in China.
At the end of 2015, CITIC Press was officially listed on the National Equities Exchange and Quotations (“NEEQ”), becoming the first listed state-owned company in the publishing industry.
CITIC Press had 71 airport bookstores in China. In addition, CITIC Press operated 5 urban bookstores. It has also established a preliminary online bookstore system and successfully operates the official flagship of CITIC Press and online bookstores on several e-commerce platforms, such as Tmall.com, JD.com and Amazon China.
CITIC Offshore Helicopter’s (“COHC”) main businesses include offshore oil helicopter operation services, general aviation services such as aerial photography, maritime patrol, polar survey operations, HPS, forest fire prevention and powerline operations, as well as general aviation maintenance services. COHC’s offshore oil helicopter operation services have maintained the top position in the industry in terms of market share. It is the only general aviation enterprise engaged in helicopter pilotage.
COHC’s main operation is based in Shenzhen, with branches in the South China Sea, East China Sea, Bohai Sea, Yangtze River Delta and Pearl River Delta. COHC also operates Airbus Helicopters, the only authorised helicopter repair centre in China.