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 marketing positions in their respective segments in China.
CITIC Pacific Special Steel, wholly owned by CITIC Limited, is the largest dedicated manufacturer of special steel in China, with an annual production capacity of 12 million tonnes. Through Jiangyin Xincheng Special Steel and Hubei Xin Yegang Steel and Qingdao 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.
CITIC Dicastal, wholly owned subsidiary of CITIC Limited, is 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. Automobile aluminum casting is produced by Dicastal's subsidiary KSM Castings Group, which was acquired in 2011. Founded in Germany, KSM Castings is one of the largest aluminium chassis segment suppliers in the world and a leading powertrain segment supplier in Europe.
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 manufacturers of heavy mining and cement equipment and one of the largest heavy machinery manufacturers in China. It engages in the design, production and sales of large sets of technical equipment, large castings and forgings in the mining, construction materials, coal, metallurgical, non-ferrous, power electronics and environmental protection industries. CITIC Heavy Industries purchased 80% of the equity of Tangshan Kaicheng. After the acquisition, Tangshan Kaicheng was renamed CITIC Heavy Industries Kaicheng Intelligence Equipment Co., Ltd. (“Kaicheng Intelligence”). This new company is now the sole enterprise in China with the license to manufacture robot products in coal mining and rescue efforts, as well as provide complete integrated mining automation solutions.
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