CITIC Resources
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| CITIC Resources Holdings Limited 中信資源控股有限公司 |
|
|---|---|
| Type | State-owned enterprise |
| Founded | 1997 |
| Headquarters |  Hong Kong, China |
| Area served | People's Republic of China |
| Key people | Chairman: Mr. Kong Dan |
| Industry | Petroleum |
| Parent | CITIC |
| Website | CITIC Resources Holdings Limited |
CITIC Resources Holdings Limited (SEHK: 1205), a subsidiary of CITIC Group in China, is an integrated provider of natural resources (inclding petroleum, coal, metals) particularly petroleum business. [1]
In 2007, CITIC Resources paid US$1.15 billion for oil fields in Kazakhstan and Northeast China from its parent company, CITIC Group. This accelerated CITIC Resources to transform from metal producer to oil producer. It expects to be the fourth largest oil producer in China, following Petrochina, Sinopec and CNOOC.[2]
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Categories: Companies listed on the Hong Kong Stock Exchange | Hang Seng China-Affiliated Corporations Index Constitute Stock | Companies established in 1997 | CITIC | State-owned enterprises of the People's Republic of China | Oil and gas companies of the People's Republic of China | Warrants issued in Hong Kong Stock Exchange | Coal companies of China | Metal companies of China
