CITIC Guoan Group Co., Ltd. is a Chinese company. The company itself was founded by

CITIC Group CITIC Group Corporation Ltd., formerly the China International Trust Investment Corporation (CITIC), is a state-owned investment company of the People's Republic of China, established by Rong Yiren in 1979 with the approval of Deng Xiaoping ...

(who currently owns a 20.95% stake). CITIC Guoan Group is the largest shareholder of

CITIC Guoan Information Industry CITIC Guoan Information Industry Co., Ltd. is a Chinese publicly traded company in the computer network infrastructure and information service industries. It includes the construction and operation of cable television networks and satellite infor ...

, CITIC Guoan Wine and Global Tech Holdings. Moreover, Guoan is the second largest shareholder of

Baiyin Nonferrous Baiyin Nonferrous Group Co., Ltd. known also as BNMCAcronym of Baiyin Nonferrous Metal Corporation is a Chinese company based in Baiyin, Gansu Province, China. The company was the main copper supplier in China. Since 15 February 2017, Baiyin Nonf ...

Shareholders

CITIC Guoan Group was a wholly owned subsidiary of

until 2014. The company had a net assets to total assets ratio of 0.00125 (around 1:799) in a

consolidated financial statement Consolidated financial statements are the "financial statements of a group in which the assets, liabilities, equity, income, expenses and cash flows of the parent company and its subsidiaries are presented as those of a single economic entity", a ...

s as at 31 December 2013 ( total assets to equity). In 2014, the company recapitalized, which several private capitals subscribed the increase. After the recapitalization, the stake of CITIC Guoan Group became one of the few assets of

that was not injected to its listed subsidiary

CITIC Limited CITIC Limited () is a conglomerate headquartered in Hong Kong. Its shares are listed on the Main Board of the Hong Kong Stock Exchange, and it is a constituent of the Hang Seng Index. 58% of its issued shares are owned by the Chinese state-own ...

. CITIC Group also disinvested CITIC Limited in 2015.

Subsidiaries

CITIC Guoan Group was the co-founder of

Beijing Guoan F.C. Beijing Guoan Football Club () is a professional football club that currently participates in the Chinese Super League under licence from the Chinese Football Association (CFA). The team is based in the Chaoyang District in Beijing and their hom ...

However, the stake was now owned by

. In December 2015, CITIC Guoan Group (via Road Shine Developments and Guoan (HK) Holdings) bought a major stake of Global Tech Holdings for

HK$ The Hong Kong dollar (, sign: HK$; code: HKD) is the official currency of the Hong Kong Special Administrative Region. It is subdivided into 100 cents or 1000 mils. The Hong Kong Monetary Authority is the monetary authority of Hong Kong and ...

0.11615 per shares.

Equity investments

As at 31 December 2015, CITIC Guoan Group via CITIC Guoan Co., Ltd. owned 2.00% stake in

Bank of Shanghai Bank of Shanghai Co., Ltd. (BOSC) is an urban commercial bank based in Shanghai in China. The bank was ranked 73rd among 1000 banks around the world by ''The Banker'' in terms of their Tier 1 capital in 2020. History The Bank of Shanghai was foun ...

References

External links

* {{authority control Conglomerate companies of China Holding companies of China Government-owned companies of China Privately held companies of China Companies based in Beijing CITIC Group Privatization in China Government agencies established in 1987 Chinese companies established in 1987 Conglomerate companies established in 1987 Holding companies established in 1987