CITIC Pacific Ltd.

32nd Fl., CITIC Tower, 1 Tim Mei Ave. Central
Hong Kong
Phone: +852-2820-2111
Fax: +852-2877-2771
http://www.citicpacific.com

Hoover's coverage by Diane Stimets

Overview

CITIC Pacific is a chip off the old Communist bloc. The group has investments in steel, real estate, energy, aviation, and communications. With stakes in three steel plants with an annual capacity of more than 7 million tons, CITIC Pacific is China's largest producer of specialty steel (heat-resistant, anti-corrosion, and other enhanced steel). The company also owns stakes in facilities that produce raw materials needed in steel production, including iron ore mines and coking coal plants. Property developments include office and residential towers, and the group owns several land banks in and around Shangahi. The state-owned CITIC Group owns more than half of CITIC Pacific.

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Key Numbers from Hoover's UK

Key financials for CITIC Pacific Ltd.

Company Type Public (Hong Kong: Full Quote)
Fiscal Year-End December
2008 Sales (mil.) £4,135.4
1-Year Sales Growth 4.0%
2008 Net Income (mil.) (£1,047.1)
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Key People from Hoover's UK

Key people and executives for CITIC Pacific Ltd.

Chairman Chang Zhenming
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Managing Director Zhang Jijing
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Director Group Human Resources and Administration Paul K. S. Lo
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Top Competitors from Hoover's UK

Top competitors of CITIC Pacific Ltd.

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Significant Developments

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Rankings from Hoover's UK

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