Our Business

Other Businesses

CITIC Limited's other businesses include information services, motor vehicles, food and logistics, publishing, infrastructure, environmental services, modern agriculture, general aviation services, comprehensive outsourcing services, tourism, and more.

Information Service

CITIC Limited provides information services through two subsidiaries: CITIC Telecom International (SEHK: 1883) and AsiaSat (SEHK: 1135).

Listed on The Stock Exchange of Hong Kong, CITIC Telecom International (CITIC Telecom) is an internet-oriented business providing a comprehensive range of telecommunications services. These include international mobile roaming, voice, SMS, data and value-added services for global carriers. 

AsiaSat is involved in the leasing and sale of satellite transponders, broadcasting, communications and data uploading and downloading services. 

Infrastructure

CITIC Limited's infrastructure business is concerned with the investment and management of ports and port terminals, as well as regional development projects in China through CITIC Industrial Investment. CITIC Limited also has an interest in the Western Harbour Tunnel in Hong Kong.

General Trading

Dah Chong Hong (DCH) is engaged in the distribution and sale of motor vehicles and associated services, food and FMCG, healthcare and electrical products, as well as the provision of logistics services. As the preferred partner of over 1,000 brands in more than 30 countries and regions, DCH has well-established networks in Asia Pacific offering a wide range of supply chain solutions.

Environmental Services

CITIC Environment Investment Group (CITIC Environment) is CITIC Limited's specialised investment and operational platform for environmental protection. Its business covers three major sectors, namely water treatment, solid waste treatment, and energy saving.

In 2015, CITIC Environment acquired and became the controlling shareholder of Singapore's United Envirotech Ltd, now renamed CITIC Envirotech Ltd(SGX: CEE), which focuses on the research and production of membranes and technology for integrated production techniques. Its integrated water supply and wastewater treatment solutions covers the whole industrial chain, including the investment in and operation of the engineering, procurement and construction (“EPC”) division, membrane technology division and water division.


In 2018, CITIC Environment continued to increase its shareholding in Chongqing Sanfeng Environmental Industrial Group (Sanfeng) via an equity acquisition and project asset injection, and has been assisting this company to expand its domestic and foreign household waste incineration business. 

Modern Agriculture

CITIC Agriculture focuses on agricultural science and technology as part of its strategy of becoming a flagship for seed companies. Leveraging CITIC Limited’s advantages in this sector, CITIC Agriculture has become a globally competitive agri-tech company in the seed industry.

CITIC now has a greater than 17% stake in Longping High-tech (SZ stock code: 000998), China’s leading seed company. CITIC Agriculture has also purchased a 16.67% stake in Beijing Capital Agribusiness and acquired 30% of the shares of China Agriculture Vet in tandem with CITIC Agri Fund. Following the completion of several key projects, CITIC Agriculture’s venture now has plant breeding, animal breeding, and animal health operations across China.


Publishing

CITIC Press is a major provider of integrated content and associated services in mainland China, principally engaged in book publishing, digital publishing, bookstore retailing, education and training, and IP operations. For its publication, distribution and retail operations, CITIC Press has obtained all licenses issued by the State Administration of Press, Publication, Radio, Film and Television.

CITIC Press was listed on the National Equities Exchange and Quotations at the end of 2015, becoming the first listed state-owned company in the publishing industry. In May 2017, the IPO application for listing CITIC Press on the Growth Enterprise Market of the Shenzhen Stock Exchange was officially filed with the China Securities Regulatory Committee.

General Aviation

CITIC Offshore Helicopter (COHC) operates a full-service general aviation business in China. Among its main businesses are an offshore oil helicopter service and general aviation service. COHC’s offshore oil helicopter service has a leading position in the industry in terms of market share. It is also the only general aviation company with a helicopter pilotage service and the only general aviation enterprise with an overseas in-flight service for offshore petroleum exploration. COHC is listed on the Shenzhen Stock Exchange (SZSE: 000099).

Tourism

CITIC Tourism provides travel agency services through a strong business network across most regions of China. In 2012, the Beijing Municipal Commission of Tourism Development selected CITIC Tourism as a pilot travel agency for standardising Beijing's tourism industry.

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