New Consumption

In 2025, the new consumption segment recorded revenue of RMB48.153 billion, a year-on-year decrease of 3.4%, while profit attributable to ordinary shareholders reached RMB530 million, a year-on-year increase of 1,161.9%. CITIC Telecom International completed the extension of CTM’s concession contract, consolidating its leading position in the local market. It recorded revenue of HK$9.567 billion, largely flat year on year and net profit attributable to shareholders of the parent company of HK$920 million, a year-on-year increase of 1.1%. CITIC Press achieved good results from its digital, intelligent and IP-based operation strategies, with robust growth in newly incubated film, gaming and manga IP books and derivative businesses, recording revenue of RMB1.702 billion and net profit attributable to shareholders of the parent company of RMB130 million, representing year-on-year increases of 0.9% and 9.6% respectively. Facing pressures from declining profit margins in the automobile dealership industry, Dah Chong Hong took multiple measures to reduce operating expenses and interest costs, and dispose of underperforming businesses, achieving an 8.5-fold year on year increase in profit. CITIC Agriculture promoted Longping Development to optimise its marketing and operation systems, advanced cost reduction and efficiency enhancement, and replaced high-interest loans. Combined with exchange gains from the stabilisation of the Brazilian exchange rate, it reduced its losses by RMB400 million year on year.