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CITIC

Chinese state-owned investment company

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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. Its headquarters are in Chaoyang District, Beijing. As of 2019, it is China's biggest state-run conglomerate with one of the largest pools of foreign assets in the world.

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economy13 h ago
New China Life Insurance and partners establish a 2 billion RMB tech innovation industry investment fund

According to 36Kr, Tianyancha shows Jinshi (Hubei) Tech Innovation Industry Investment Fund Partnership (Limited Partnership) was established, with general partner CITIC Jinshi Investment Co., Ltd. The fund has paid-in capital of 2 billion yuan and its scope includes private equity, investment management, and asset management activities. The partners contributing to the fund are XinHua Life Insurance Co., Ltd, CITIC Jinshi Investment Co., Ltd, Jinshi Fengying (Qingdao) Equity Investment Partnership (Limited Partnership), and Jinshi Runze (Zibo) Investment Consulting Partnership (Limited Partnership).

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