CITIC Guoan Group

Overview

CITIC Guoan Group

type	Private
industry	Conglomerate
founded	1987 (as Guoan Hotel) 1989 (incorporated) 2011 (as limited company)
founder	CITIC Group
former name	CITIC Guoan Corporation
hq location	Chaoyang District
hq location city	Beijing
hq location country	China
area served	Mainland China
revenue	CN¥93.527 billion
revenue year	2015
operating income	CN¥907 million
income year	2015
net income	CN¥556 million
net income year	2015
assets	CN¥157.980 billion
assets year	2015
equity	CN¥14.565 billion
equity year	2015
owner	CITIC Group (20.95%) Heilongjiang Dingshang (19.76%) Beijing Heshengyuan (17.79%) Gonghe Holdings (15.81%) Ruiyu (Shanghai) Equity Fund (15.81%) Tianjin Wanshun Properties (9.88%)
subsid	CITIC Guoan (100%) – CITIC Guoan I.T. (36.44%) CITIC Guoan Wine (43.89%) Guoan (HK) Holdings (100%) – Global Tech Holdings (53.218%)
footnotes	in a consolidated basis; equity and profit excluded minority interests; in Chinese Accounting Standards

CITIC Guoan Group Co., Ltd. is a Chinese company. The company itself was founded by CITIC Group (who currently owns a 20.95% stake).[1] CITIC Guoan Group is the largest shareholder of CITIC Guoan Information Industry, CITIC Guoan Wine and Global Tech Holdings.

Moreover, Guoan is the second largest shareholder of Baiyin Nonferrous.

Shareholders

CITIC Guoan Group was a wholly owned subsidiary of CITIC Group until 2014. The company had a net assets to total assets ratio of 0.00125 (around 1:799) in a consolidated financial statements as of 31 December 2013 (CN¥94 billion total assets to CN¥119 million equity).[2]

In 2014, the company recapitalized, which several private capitals subscribed the increase.

CITIC Guoan Group

Shareholders

Subsidiaries

Equity investments

Lithium

External links

References