Our Business

Manufacturing

Our manufacturing business owns world-class technologies with principal activities in special steel, aluminium wheels and casting, and heavy machinery, all of which enjoy leading market positions in their respective segments in China.

Special Steel

CITIC Pacific Special Steel, 90% owned by CITIC Limited, is one of the largest dedicated manufacturer of special steel in China, with an annual production capacity of 13 million tonnes. Through Jiangyin Xincheng Special Steel, Hubei Xin Yegang Steel, Qingdao Special Steel and Jingjiang Special Steel, CITIC Pacific Special Steel supplies special steel products to customers in the auto components, energy, machinery manufacturing, oil and petrochemical, transportation, shipbuilding and other industrial sectors.

 

Aluminium Wheel and Casting

CITIC Dicastal, wholly owned subsidiary of CITIC Limited, is one of the world's largest producer and exporter of automotive aluminium wheels. It also produces automotive lightweight aluminium casting including chassis parts, powertrain parts and body parts, components for automotive powertrains, chassis and body systems by KSM Castings Group, Dicastal's wholly-owned subsidiary acquired in 2011. CITIC Dicastal is headquartered in Qinhuangdao, Hebei Province of Northern China, with more than 20 facilities across China, North America and Europe.

Heavy Machinery

We own 67.27% of CITIC Heavy Industries which is listed in Shanghai (SSE: 601608). CITIC Heavy Industries is one of the world’s leading suppliers and service providers of heavy mining and cement equipment, and one of the largest heavy machinery manufacturers in China. The company engages in the design, manufacture and sales of large equipment, complete technical equipment and key basic parts in the areas of heavy machinery, EPC projects, robotics and intelligent equipment, energy conservation and environmental protection. Through CITIC Heavy Industries Kaicheng Intelligence Equipment Co., Ltd, the company now offers five categories of robotic products (track, submarine, inspection, tunneling, drilling) for a total of twenty individual products. These products have broad applicability across a range of contexts: firefighting, civil infrastructure, power plants, mining and oil refining.

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