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  • ESG Report
  • Industrial Responsibility: Working with Partners for Mutual Development

Industrial Responsibility: Working on Behalf of our Partners

Internet technologies hold out the promise of more business opportunities and new possibilities for market players. As a business conglomerate, CITIC Limited is taking advantage of new internet technologies and accessing new industrial resources to build new business ecosystems for our partners. With the support of government, suppliers and business partners, CITIC is committed to building cooperative platforms that benefit governments and enterprises. CITIC supports fair competition, responsible supply chains and healthy industrial growth and has adopted systematic measures to counter corruption and promote a clean industrial environment.

Developing mutually-beneficial partnerships

CITIC Limited continued to work closely with government during the year to drive local economies. It also partnered with industry leaders to explore business opportunities for their mutual benefit.

Strong Cooperative Ties

In 2018, the senior management of CITIC Limited strengthened its corporate and government relationships through visits and co-operative field research.

Case Study: One CITIC Platform

CITIC Limited continued to transform itself by implementing retail industries and to increase the value of retail services by innovation. On 17th, September 2018, One CITIC brand release was released in Beijing. First patch of One CITIC members includes CITIC Bank, CITIC Securities, China AMC, CITIC-Prudential, e-CITIC and CITIC Press. Future members will be Mc Donald, Itochu, Dah Chong Hong and other external partners. This platform offers customers with diversified, tailored and professional experience. As of the end of 2018, the total number of registered users was over 10 million.

Developing a Responsible Supply Chain

CITIC Limited promotes a responsible supply chain both for its own benefit and that of the industry as a whole. We also work to combat piracy and infringements of intellectual property, not only to protect original works but also to encourage innovation.

Anti-Corruption

Anti-corruption is given top priority in our internal risk management. To protect our brand’s reputation, we have in place various anti-corruption measures, follow the requirements of the Hong Kong Listing Rules, and review the employee Code of Conduct for our company and subsidiaries on a semi-annual basis.