Support for Local Communities
As a company that operates in a large number of countries and regions, we encourage our staff to donate their time and services to those in need.
Performance
Supporting Communities in Hong Kong and Macau
We have launched an exchange programme for young people from Hong Kong and mainland China to help Hong Kong youth understand the economic and social development of Mainland China. We also support programmes that contribute to the prosperity and stability of Hong Kong and Macau.
Poverty Alleviation Programmes
As a state-owned enterprise, we are committed to reducing poverty through our work in education, industry, infrastructure construction and healthcare, all of which contribute to the government’s poverty alleviation programme.
Educational and Intellectual Poverty Alleviation
Our contributions towards poverty alleviation include RMB1.50 million for establishing the CITIC Educational Fund, which has helped 1,753 students in Yuanyang County and Pingbian County in Yunnan Province, and RMB1.00 million for the construction of the CITIC Banpo Hope Primary School canteen, also in Pingbian County, which benefited 439 teachers and students.
CITIC Securities donated RMB3.25 million to build kindergartens in Xainza Town, Tibet, where these facilities have become model rural kindergartens in the northern Tibetan Plateau. CITIC Environment donated RMB18.09 million for the construction of 11 central kitchens and 6 kindergartens in 11 poverty-stricken counties in Liangshan, Sichuan Province, which will benefit 23,629 students and 1,111 teachers and staff from 143 rural primary schools and kindergartens.
Young students at the CITIC Banpo Hope Primary School canteen
Rural Programmes
In cooperation with Eve Group, we provided training in embroidery to 270 women in Yuanyang County and Pingbian County through the Eve handicraft programme, which aims to develop a local embroidery industry. We also helped farmers in Muliang Village, Qianjiang District, Chongqing to plant 496 acres of marigold flowers, 310 tonnes of which were sold throughout the year. CITIC Securities set up its Insurance + Futures poverty alleviation model project to help farmers in Menghai County, Xishuangbanna, Yunnan Province, Xue Town, Fuping County, Shaanxi Province and Wutubulage Town, Bole City, Xinjiang. Through this project, farmers were able to purchase insurance for crops, such as rubber, apples and cotton, and enjoy a stable income.
A bumper harvest of marigold flowers in Muliang Village, Qianjiang District, Chongqing
Infrastructure, Healthcare and Consumption
We invested in the construction of a 21-kilometre road in Dawuzhai, Ganiang Village, Yuanyang County that serves 2,408 households in 5 local villages. We also upgraded a road and built infrastructure such as bridges in Chongqing Qianjiang District.
In Tibet, we relocated the hospital in Xainza Town, which was completed at the end of 2018. The new facility is now benefiting more than 20,000 people in the county. In addition, CITIC Securities donated RMB1 million to improve the medical equipment and facilities of nursing homes in Jinggangshan City.
In aid of the agricultural sector, we have helped poor farmers gain access to e-commerce platforms, supermarkets and other sales channels and encouraged our employees to purchase these products. In 2018, CITIC staff spent RMB7.27 million purchasing agricultural products from poverty- stricken areas and helped farmers there sell produce worth of RMB5.1 million.
Charitable Activities for Local Communities
Our charitable activities include support for education, culture, sports, healthcare, the disadvantaged and community infrastructure.
Charitable projects unique to CITIC
In the Love, Trust, Be Together community welfare programme, CITIC Bank’s credit card centre installed 104 Dream Centers across 28 regions nationwide, through which over 200,000 cardholders donated 8.27 billion bonus points. CITIC Bank organised nine volunteer teacher trips for 110,000 teachers and students, as well as nine summer camp sessions for more than 300 teachers and students in remote regions of the country.
CITIC Trust continued to organise charitable trust projects such as its ABC 2018 Yu Ai Charitable Trust, with an initial amount of RMB10 million that eventually reached RMB30 million. The principal and returns from the Trust will be used to help children with congenital heart disease in Guangdong Province and to send children from poor families in Guangdong Province to school. This project is the largest charitable trust of its kind in China.
Primary students in Qinlin town receive gifts from Dream Centers
In November 2018, CITIC Prudential Life Insurance launched a nationwide tour to provide information to parents who are planning to send their children overseas for further education.
Overseas Charitable Projects
Since 2009, CITIC Mining International has been working with the Australian Clontarf Foundation to improve the education and survival skills of local Aboriginal youths and help them with their employment prospects. In 2018, CITIC Mining International organised Professional Experience Day for students from Clontarf College. For this event, we arranged to have them experience work in the mining master-control room and heavy equipment maintenance workshop while also discussing their future career plans.
Since its inception in 2014, CITIC (Angola) BN Vocational School has helped 320 young people from local poor families to learn skills and find employment. On 9 May 2018, CITIC (Angola) BN Vocational School held its 2017 School Opening and Graduation Ceremony, during which 47 students graduated and 75 new students were enrolled.
On 5 April 2018, a serious fire broke out in the warehouse of the dairy processing plant in Stade Chebaita Mokhtar, Algeria. After receiving a call from the local government requesting assistance in the fire rescue work, CITIC Construction immediately sent two bulldozers and one loader to the scene of the fire and dispatched about 40 rescue workers to cooperate with the local fire department. With the help of our staff the blaze was contained, saving nearby warehouses and rail lines.
Volunteer Activities
In 2018, CITIC Limited had more than 13,000 volunteers, an increase of more than 800 as compared with last year. With more employees participating in our volunteer service activities, we are now carrying out projects in over 30 cities and regions, including Beijing, Tianjin, Zhejiang and Anhui. To date, we have undertaken more than 60 volunteer service activities, such as caring for children of migrant workers and the disabled, with nearly 10,000 staff participating.
The Hand in Hand, Accompany You Children Caring Activity, organised by CITIC volunteers
CITIC volunteers at the Safe Traveling, Warm City Metro volunteer service activity.
Volunteers from CITIC Bank Nanchang Branch collecting litter at Poyang Lake.
Volunteers from CITIC Industrial Investment clean river banks
Joint community services by volunteers from CITIC Engineering Design & Construction and local volunteers.
Past Performance and Forward Looking Statements