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Over the years, CITIC, while facing the turbulent market environment at home and abroad, has stayed committed to its course of ”°reform, innovation, readjustment and development”±, and has taken a proactive stance in its efforts in reform and strategic restructuring. As a result, CITIC has improved its performance and asset quality, and has enhanced its ability for risk management, as well as for the long-term sustainable development with stable and healthy profit margin. The co***ny has built a solid foundation for sound development in the future. In 2004, CITIC has established strong growth momentum. Profits before general provision almost doubled that of the previous year. All business segments reported remarkable progress.
I would like to take this opportunity to express my sincere gratitude to our staff at CITIC for their diligence and hard work. I would also thank people from all walks of life, who have given their attention and support to the growth of our co***ny.
China is currently maintaining its rapid economic growth. It is increasingly active in its participation in economic globalization and regional cooperation. CITIC, as a state-owned multinational conglomerate, will seize this opportunity of strategic importance by leveraging its competitive advantages and management expertise to further solidify its competitive positions and to strive for the targets set for long-term development.
CITITONG International TradING Co.,Ltd.
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| Company: |
CITITONG INTERNATIONAL
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| Contact: |
Mr. Hakuna matata |
| Address: |
14/F,Capital Mansion,6Xinyuannan Rd .Chaoyang District,Beijing 100004 China |
| Postcode: |
100004 |
| Tel: |
86 10 84865271 |
| Fax: |
86 10 84865271 |
| E-mail: |
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