Our Businesses

Our businesses are at the core of the real economy and are powered by China’s continuing economic development. With the insight to recognise potential and long-term vision to steward growth, we aim to develop differentiating capabilities, capture value along the supply chain and continually enhance performance through synergy and innovation.

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Our Businesses

Our businesses are at the core of the real economy and are powered by China’s continuing economic development. With the insight to recognise potential and long-term vision to steward growth, we aim to develop differentiating capabilities, capture value along the supply chain and continually enhance performance through synergy and innovation.

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Special Steel

CITIC Pacific’s Special Steel segment comprises two leading special steel manufacturing enterprises, CITIC Pacific Special Steel Group and Nanjing Iron & Steel Group, with a total annual capacity of 30 million tonnes.

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Property

CITIC Pacific’s property business centres on multi-purpose complexes and upscale residential projects in mainland China and Hong Kong with operations that extend across the commercial lifecycle to include investment, project development, operation and property management. 

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Energy

CITIC Pacific Energy invests in and manages power plants in China as well as green energy businesses including solar and wind power generation.

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Energy

CITIC Pacific Energy invests in and manages power plants in China as well as green energy businesses including solar and wind power generation.

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Health

CITIC Pacific’s health business includes medical and elderly care services as well as healthcare distribution, product development and manufacturing.

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Health

CITIC Pacific’s health business includes medical and elderly care services as well as healthcare distribution, product development and manufacturing.

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Consumer Products Distribution

Dah Chong Hong is a leading distributor of motor and consumer products headquartered in Hong Kong. With over 70 years of history, it has operations in 12 Asian economies and serves over 1,000 brands.

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Consumer Products Distribution

Dah Chong Hong is a leading distributor of motor and consumer products headquartered in Hong Kong. With over 70 years of history, it has operations in 12 Asian economies and serves over 1,000 brands.

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Other Businesses

We have also invested in businesses including ship management and chartering, tunnels in Hong Kong and telecommunications.

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Other Businesses

We have also invested in businesses including ship management and chartering, tunnels in Hong Kong and telecommunications.

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CITIC Pacific’s health business includes medical and elderly care services, as well as healthcare distribution, product development and manufacturing. In our medical services business, we operate hospitals and provide integrated elderly service in Zhejiang and Jiangsu provinces. As part of our distribution businesses, through DCH Auriga, Haoan Health and Shanghai Youhe Medical, we supply pharmaceuticals, medical supplies and devices to healthcare providers across Asia. CITIC Pacific has also invested in one of Australia’s leading vitamin and personal care manufacturers, Nature’s Care.

CITIC Pacific’s health business includes medical and elderly care services, as well as healthcare distribution, product development and manufacturing. In our medical services business, we operate hospitals and provide integrated elderly service in Zhejiang and Jiangsu provinces. As part of our distribution businesses, through DCH Auriga, Haoan Health and Shanghai Youhe Medical, we supply pharmaceuticals, medical supplies and devices to healthcare providers across Asia. CITIC Pacific has also invested in one of Australia’s leading vitamin and personal care manufacturers, Nature’s Care.

Medical and Elderly Services

Jiangyin Lingang Hospital

Located in Lingang economic development zone the city of Jiangyin in Jiangsu Province, Jiangyin Lingang Hospital is a grade 2A hospital with over 200 beds providing comprehensive medical services, rehabilitation and preventative care. CITIC Pacific acquired the hospital in August 2018 and has since modernised and upgraded its facilities and services with a focus on building strong specialty areas including orthopedics, general surgery and neurology. In 2023, Jiangyin Lingang hospital successfully signed a medical consortium agreement with Tongji University Affiliated Dongfang Hospital. The hospital is currently under expansion with a capacity of 650 beds, following the standards of a tertiary general hospital. The progress of the new campus construction is on schedule, and it is expected to be delivered in the second half of 2024.

Hongen Medical Group

CITIC Pacific is the holding company of Hongen Medical Group, a hospital operator established in 2002 and based in Hangzhou. Today Hongen’s network includes four hospitals with a total of 1,000 beds, including Hangzhou Cheng Dong Hospital, Shaoxing Cheng Dong Hospital and Shangyu Third Hospital. In 2019, CITIC Pacific also became the majority shareholder of Hogen Medical and is investing to upgrade facilities, attract world-class practitioners and enhance specialty service offerings.

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Elderly Care

CITIC Pacific’s elderly care service includes nursing home operations, intensive care services, and community & in-home care for seniors. We have established an elderly care platform in Jiangyin, covering the integrated chain of institutional-community-home care. We have expanded our business to neighboring areas including Zhenjiang, Yancheng, Fuzhou and Jiujiang. We continue to promote a business model of integrated medical and elderly care, making use of our rich medical resources.

Healthcare Distribution

DCH Auriga

DCH Auriga is an Asian-based integrated market management provider specialising in healthcare. For over 50 years, we’ve helped our partners bring essential pharmaceutical and life science offerings to Asia with a comprehensive range of market management solutions including product registration, marketing, warehousing, delivery and on-site inventory management.

Headquartered in Hong Kong, DCH Auriga has operations in mainland China, Hong Kong, Macao, Singapore, Thailand, Indonesia, Brunei, Malaysia, Vietnam and the Philippines. The products we distribute include pharmaceuticals, vaccines, diagnostics, consumables and medical devices as well as health and personal care products. We also operate a contract manufacturing facility in Malaysia that produces over-the-counter medicines and supplements.

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Haoan Health

A subsidiary of CITIC Pacific, Haoan Health is a leading medical equipment distributor and service provider in Zhejiang Province. Our professional team distributes over 10,000 products to a network of around 300 hospitals. We are currently expanding our sales network to Jiangsu, Zhejiang and Shanghai and the surrounding areas to provide integrated solutions for hospitals.

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Shanghai Youhe Medical

In 2022, CITIC Pacific became the controlling stakeholder in Shanghai Youhe Medical. Established in 2011, Youhe Medical is a leading medical equipment distributor and service provider. Its business footprint spreads across four major markets in Shanghai, Jiangsu, Zhejiang and Henan, as well as multiple medical-centre-cities in South China, Southwest China and North China. It has cooperated with more than 700 medical institutions to provide professional solutions for clinical intervention, diagnosis and treatment in the fields of gastroenterology and early-stage respiratory cancer.  With over 30 high-quality national and international medical equipment product lines, Shanghai Youhe Medical has established itself as an influential and trusted provider in the industry.

Product Development and Manufacturing

Nature’s Care

Jointly acquired by Tamar Alliance and China Jianyin Investment in 2018, Nature’s Care is Australia’s third largest vitamin supplements brand with distribution in mainland China, Hong Kong, Taiwan, USA, Canada, Japan, Korea and Thailand. Our product range includes vitamins and supplements, face and body care and children’s health products.

Nature’s Care is committed to producing the finest quality products to the highest Australian and international standards with manufacturing and R&D located in Sydney, Australia. We have invested in a state-of-the art laboratory, combining the latest scientific knowledge with our passion for natural medicine.

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Positioned as a developer and manager of premier properties, CITIC Pacific Properties is focused on mixed-use, commercial and residential projects with operations that extend across the commercial lifecycle to include investment, project development, marketing and property management. We currently own and manage properties in key cities in the Yangtze River Delta, the Greater Bay Area, the Yangtze River Economic Belt and the Bohai Rim Economic Circle.

Positioned as a developer and manager of premier properties, CITIC Pacific Properties is focused on mixed-use, commercial and residential projects with operations that extend across the commercial lifecycle to include investment, project development, marketing and property management. We currently own and manage properties in key cities in the Yangtze River Delta, the Greater Bay Area, the Yangtze River Economic Belt and the Bohai Rim Economic Circle.

Mainland China

CITIC Pacific Properties invests in, develops and operates properties in mainland China’s growing and economically vibrant areas, with a focus on upscale and multi-purpose complexes. Our project portfolio spans cities such as Shanghai, Guangzhou, Wuhan, Nanjing, Yangzhou, Wuxi, Jinan, Qingdao and Suzhou. Landmark projects include the Lujiazui Harbour City complex at the core of the Huangpu River district in Shanghai, as well as the flagship CITIC Square and T Center developments which have helped to redefine the modern Shanghai skyline.

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Hong Kong

With nearly 30 years of property development experience in Hong Kong, past projects include commercial, industrial and residential properties such as CITIC Tower, CITIC Telecom Tower, The Paragon and Bay Villas. Our recent residential developments, KADOORIA and The Entrance, have been well received by the market and garnered numerous awards for architectural design, property management and marketing achievements. In 1994, we formed a partnership with Hong Kong Resort International in the development of Discovery Bay, a residential community project which covers a land area of about 650 hectares. To date, we have built more than 8,500 residential units in 18 stages.

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Major Projects

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CITIC Square

Shanghai
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Lujiazui Harbour City

Shanghai
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CITIC Pacific Building

Shanghai
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T Center

Shanghai
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CITIC Pacific·The Center

Shanghai
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CITIC Pacific Harbour City

Wuhan
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Optics Valley Xintiandi

Wuhan
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CITIC Pacific Jinan Honor

Jinan
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Harbour City

Guangzhou
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CITIC Tower

Hong Kong
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Discovery Bay

Hong Kong
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KADOORIA

Hong Kong
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The Entrance

Hong Kong
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Other Businesses

As part of its strategy to develop a diversified business platform for long-term growth, CITIC Pacific has invested in a number of other sectors including ship management and chartering, tunnels in Hong Kong and telecommunications.

Other Businesses

As part of its strategy to develop a diversified business platform for long-term growth, CITIC Pacific has invested in a number of other sectors including ship management and chartering, tunnels in Hong Kong and telecommunications.

Ship Management and Chartering

Based in Singapore, Cheng Xin Ship Management is a wholly-owned subsidiary of CITIC Pacific established in 2011 which owns and operates a fleet of dry bulk vessels that provide world-wide freight logistical support to CITIC Pacific companies. The fleet includes twelve 115,000 tonne Handysize and Capesize dry bulk carriers.

Tamar Alliance

Established in 2017, Tamar Alliance Capital Limited manages two private funds investing in the healthcare and energy sectors.

Tunnels in Hong Kong

CITIC Pacific’s involvement with Hong Kong’s traffic tunnels began in the 1980s, when we participated in build-operate-transfer arrangements for the Eastern and Western Harbour Crossings. When the BOT arrangements ended, we continued to support Hong Kong’s tunnels through our subsidiary, Pacific Infrastructure, under management-operation-maintenance agreements. Today, Pacific Infrastructure is one of Hong Kong’s major tunnel operators. It manages the Central-Wan Chai Bypass Tunnel, Western Harbour Crossing, Eastern Harbour Crossing and Tate’s Cairn Tunnel.

CITIC Telecom International

CITIC Pacific holds a 41% interest in CITIC Telecom International Holdings (1883.HK) which was listed on the Hong Kong Stock Exchange in 2007. As one of the largest Asia-Pacific telecommunications hubs, CITIC Telecom’s services include voice messaging, SMS, value-added mobile and data services, information and communication technology solutions. CITIC Telecom International also holds a 99% interest in Companhia De Telecomunicações de Macau, S.A.R.L..
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CITIC Pacific Energy invests in and manages power plants in China with a total installed capacity of 8,000MW with supporting businesses that extend across the industrial supply chain from mining and shipping to power sales and heat supply. The company also invests in green energy businesses including solar and wind power generation.

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Coal-fired Power Generation

Our coal-fired power plants include Jiangsu Ligang Power Plant, one of the largest coal-fired power plants in China, Hebei Hanfeng Power Plant, Inner Mongolia Shenglu Power Plant and Jiangsu Huaibei Go-On Power Plant with a total installed capacity of 8,000MW. We have also established an end-to-end supply chain through our electricity sales business, which has developed long-term partnerships with major electricity users.

Heat Supply

In addition to power generation, our coal power plants supply heat for industrial and residential purposes as a complementary product stream. Currently, we can supply more than 8 million tonnes of heat per year.

Coal Mining

Supporting our core coal-fired power generation business, we own a 30% interest in Xin Julong Coal Mine in Shandong Province, which uses state-of-the-art mining technologies and equipment to supply high quality, low sulphur and low ash coking coal using a custom blending process.

Shipping

Jiangsu Lidian Shipping Co., Ltd. is one of the largest shipping companies in Jiangsu Province, specialising in coal transport with a bulk carrier capacity of over 530,000DWT. We have also developed CITIC Jiangyin Port in partnership with China National Coal Group to build a versatile and environmentally friendly bulk cargo terminal along the Yangtze River.

Solar Power Generation

The company has also invested with high-tech partner, Jolywood (300393.SH), to develop photovoltaic pilot projects in Taizhou and Tianjin. In Taizhou, Jiangsu Province, we built and operate an 11.7MW distributed PV power plant and are developing a 47MW project that will be used as a pilot for the direct sale of electricity. In Tianjin, we built and currently operate a 20MW PV power plant.

Wind power generation

In 2017, CITIC Pacific and ITOCHU acquired a 22.5% equity interest in an offshore wind farm in Germany on the North Sea that has 80 3.6MW wind turbines and a total installed capacity of 288MW. Additionally, we built and operate a distributed wind power generation project in Jiangsu Province that has an installed capacity of 4.4MW.

V-Power Group

CITIC Pacific is the shareholder and strategic partner of V-Power Group (1608.HK). The company is one of the world's leading gen-set system integration providers in emerging markets and one of the largest distributed power station owners and operators in Southeast Asia.
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Dah Chong Hong is a leading distributor of motor and consumer products headquartered in Hong Kong. With over 70 years of history, we serve over 1,000 brands with operations in 13 Asian economies and over 16,000 employees.

Leveraging an intimate understanding of Asian markets, consumers and supply chain dynamics, we bring brands to market and products to shelves across a wide range of consumer industries.

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Dah Chong Hong is a leading distributor of motor and consumer products headquartered in Hong Kong. With over 70 years of history, we serve over 1,000 brands with operations in 13 Asian economies and over 16,000 employees.

Leveraging an intimate understanding of Asian markets, consumers and supply chain dynamics, we bring brands to market and products to shelves across a wide range of consumer industries.

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Employees

16,000+

Markets

13

Motor Brands Distributed

20+

Annual Vehicle Sales

100,000+

Annual Vehicles Serviced

1,000,000+

4S Shops and Showrooms

100+

Consumer Brands Distributed

1,000+

Points of sales

70,000+

Consumer

Our Business Model

DCH works with brands and manufacturers as a trusted partner and local expert to help expand distribution into Asia. To our retail partners, we are a dependable and committed supplier of the products people love from the brands they trust. For the millions of people whose lives we touch every day, we represent choice, quality, style, convenience and value.

  • Product Development
  • Manufacturing
  • Logistics
  • E-Commerce
  • Customer Support

Motor Business

In our motor business, we partner with more than 20 world renowned brands as a dealer and importer with a wide range of motor related services including motor leasing, repair, parts trading, aviation services and engineering services. We operate over 100 4S shops and showrooms in mainland China, Hong Kong and other Asian markets.

Consumer Products Business

In our consumer products business, our operations extend across the supply chain and include the distribution of food, consumer goods, healthcare and electrical products. We offer our principals a wide range of marketing, regulatory and supply chain services supported by an in-house logistics network.

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CITIC Pacific's special steel segment has two leading special steel manufacturing enterprises, CITIC Pacific Special Steel Group and Nanjing Iron and Steel Group, with an overall annual capacity of 30 million tonnes and a strategic layout of "6+2+2" along the coast.

CITIC Pacific's special steel segment has two leading special steel manufacturing enterprises, CITIC Pacific Special Steel Group and Nanjing Iron and Steel Group, with an overall annual capacity of 30 million tonnes and a strategic layout of "6+2+2" along the coast.

Manufacturing bases

CITIC Pacific Special Steel (000708.SZ) is China’s largest dedicated manufacturer of special steel with an annual production capacity of over 13 million tonnes. Our customised products are sold in China and more than 60 countries worldwide, with a wide range of applications in auto components, machinery manufacturing and shipbuilding as well as in the energy, transport and other industries. The company operates five steel plants, two raw material processing facilities and two plants for downstream and complementary products. Our commitment to the highest standard of quality, specialty R&D capabilities and long-term partnerships have set us apart.

In December 2023, CITIC Pacific increased its shareholding in the Nanjing Iron & Steel Group, further expanding its special steel business. Nanjing Iron & Steel Group has introduced an industry system known as “one body, four elements, and one chain”. “One body” refers to special steel materials and “four elements” the development of intelligent manufacturing, connectivity, new materials, and new energy and environmental solutions through its “Industry Operations+Industrial Investment” strategy. “One chain” encompasses the expansion of the industrial chain and supports increased internationalisation through the development of core overseas assets, such as Indonesia’s Azure High-Tech Group and Germany’s Kohler. Its subsidiary Nanjing Iron & Steel Co. Ltd (NISCO, 600282.SH) is an industry-leading, high-efficiency, full-process steel joint venture with an annual production capacity of 10 million tonnes. It has established itself as a global leader in the scale and efficiency of single medium-thick plate production, with a highly competitive production base for special long steel products and composite materials in China.

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Xingcheng Special Steel

Jiangyin, Jiangsu
CITIC Pacific Special Steel Group headquarters
Specialises in bars and plates
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Nanjing Iron & Steel

Nanjing, Jiangsu
Nanjing Iron & Steel Group headquarters
Specialises in medium-thick plates, long steel products (bars, wires and strip)
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Daye Special Steel

Huangshi, Hubei
Specialises in seamless steel tubes, bar steel and forged steel
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Qingdao Special Steel

Qingdao, Shandong
Specialises in wire steel and bar steel
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Tianjin Pipe

Dongli, Tianjin
Specialises in seamless steel tubes
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Jingjiang Special Steel

Jingjiang, Jiangsu
Specialises in seamless steel tubes
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Tongling Special Materials

Tongling, Anhui
Upstream coking coal processing
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Yangzhou Special Materials

Yangzhou, Jiangsu
Upstream processing facility
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Pacific Special Steel Suspension

Ji’nan, Shandong
Downstream processing and specialises in spring steel
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Zhejiang Pacific Seamless Steel Tube

Shaoxing, Zhejiang
Specialises in seamless steel tubes
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Customers

At CITIC Pacific Special Steel, we understand that our success is driven by meeting the specific needs of our diverse customers. Our commitment to open communication, innovation and tailored service has resulted in lasting and meaningful business relationships with some of the world’s leading manufacturers. We have established strategic cooperation with domestic and international companies including SKF of Sweden, China State Construction, Caterpillar, Sumitomo, Siemens, Saudi Aramco, ANDOC, NPCC, China State Shipbuilding and many more.

To better understand our customers’ evolving requirements, we host an annual sales and marketing conference, which helps us stay abreast of the latest market trends so we can ensure adequate capacity, stable supply and competitive pricing. In turn, our customers have the opportunity to see our facilities, learn about our latest product innovations and share their long-term needs.

Products

Our special steel products include bars, plates, seamless steel tubes, forged steel, wires, casting billets, strip steel, deformed steel and clad plate.

Innovation

At CITIC Pacific Steel, we are committed to innovation. Our technical centres, laboratories and post-doctoral research centres lead the industry in technological advancements. CITIC Pacific Special Steel has been granted nearly 800 patents, 167 of which are invention patents; Nangang has been granted 3,082 patents, 1,115 of which are invention patents. We have also established CITIC Special Steel Institute, CITIC Special Steel Research Institute, Nangang New Materials Research Institute, Nangang Digital Application Research Institute and Nangang Industry Development Research Institute to support our customers, nurture the next generation of innovative professionals and position us to maintain our leading market position through continuous improvement in products and production processes.

32/F CITIC Tower
1 Tim Mei Avenue
Central, Hong Kong