CITIC Resources Holdings Limited · Hong Kong
Company Description
30/F, 1 Pacific Place, Ste. 3001-3006 88 Queensway
Hong Kong
(Map)
Phone: +852-2899-8200
Fax: +852-2815-9723
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CITIC Resources started with wood and moved into other natural resources. The company and its subsidiaries originally manufactured and sold plywood, but in 2004, the group expanded its business focus and re-positioned itself as an integrated provider of commodities and natural resources to clients in China. It expanded into the fields of aluminium, commodities trading, coal, iron, oil, and timber. CITIC Group (formerly China International Trust and Investment Corporation) became the majority controlling shareholder of the Company in 2004, indirectly controlling more than 60% of CITIC Resources. To read the full description, subscribe now.
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Key CITIC Resources Holdings Limited Financials
| Company Type | Public Single Location |
| Fiscal Year-End | December |
| 2008 Sales (mil.) | $2.4 |
| 2008 Employees | 10,000 |
CITIC Resources Holdings Limited Executives
8 executives listed for CITIC Resources Holdings Limited's , location.
| Title | Name & Bio | Contact |
| Chairman | Peter Kwok | Network |
| Vice Chairman | Ma Ting Hung | Network |
| Vice Chairman | Shou Xuancheng | Network |
Competition
Competitive Landscape for CITIC Resources Holdings Limited
Demand comes largely from the manufacturers of durable goods like motor vehicles, machinery, containers, and construction steel. The profitability of individual companies depends largely on efficient operations, because most products are commodities sold based on price. Big companies have large economies of scale in production. Accordingly, most producers of secondary products buy raw metal from the large producers. Small companies can compete by operating efficient local mini-mills or producing specialty products. The industry is capital-intensive: average annual revenue per worker is close to $300,000. To read the full description, subscribe now.Top CITIC Resources Holdings Limited Competitors
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