In the new-type urbanisation segment, we have positioned ourselves as the builders of smart cities. We will continue to implement China’s regional development strategies, providing smart-city solutions that integrate engineering contracting, wastewater treatment and property development and operation.
CITIC Construction has developed a new growth platform to advance in both foreign and domestic markets, building on its strength in international engineering procurement and construction (EPC) projects. The company has operations in infrastructure, housing, municipal and industrial facilities, and has been expanding its EPC business into the agriculture, energy and resources sectors.
CITIC Engineering is positioned itself to provide comprehensive services and digital solutions for projects in infrastructure, urban development and environmental protection. CITIC Engineering is based in Wuhan, with operations spanning China, and has two well-known design and research institutes: the Central and Southern China Municipal Engineering Design and Research Institute and CITIC General Institute of Architecture Design and Research.
Our construction and engineering businesses are dedicated to meeting the needs of clients with end-to-end services ranging from feasibility studies, planning, exploration, and financing, to the contracting of EPC projects. Projects undertaken include the development of infrastructure, housing, municipal and industrial facilities as well as environmental protection initiatives in both China and international markets. For several consecutive years, both of our engineering contracting companies have been rated at the top of the industry, as determined by Engineering News-Record (ENR), a global construction industry authority. It ranked CITIC Construction in the Top 250 International Contractors and CITIC Engineering’s Architecture Design and Research Institute among the Top 60 Chinese Design Firms.
CITIC Environment Investment Group (CITICEnvironment) is CITIC Limited’s specialized investment and operational platform for environmental protection. Its core business covers three major sectors, including water treatment, solid waste and hazardous waste disposal, and energy saving services. CITIC Envirotech, the company’s water treatment business, has been continuously expanding. By the end of 2020, its water treatment facilities handled an average daily capacity of more than 6 million tonnes. In terms of solid waste disposal, Sanfeng Environment, a CITIC Environment investment, was listed on the Main Board of the Shanghai Stock Exchange on 5 June 2020. In energy saving services, while consolidating its market presence in industrial intelligent furnace combustion control and energy saving projects, CITIC Environment also strived to explore opportunities in energy saving construction projects, aiming to create an advanced energy saving model comprising both industrial and construction tracks capabilities.
CITIC Limited’s infrastructure business includes the investment in and management of ports and port terminals as well as regional developments in China through CITIC Industrial Investment. CITIC Limited also has an interest in the Western Harbour Tunnel in Hong Kong.
CITIC continues to integrate medical and elderly care services to build a large healthcare platform. The healthcare business primarily includes medical services, elderly care and healthcare distribution.
As the leading company in the general aviation sector in China, CITIC Offshore Helicopter (COHC) has the qualification and capability to operate a full service general aviation business. COHC is the first and only main-board listed company (000099.SZ) in the domestic general aviation industry, and also the only domestic company awarded the General Aviation Safety Four Stars Award. COHC provides a full range of services, including offshore flights, onshore industry and forestry-related flights, emergency rescue, maintenance, training, integrated city flight services, sky tours, drone operation and data collection.
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