CITIC Limited is an investment holding company engaged in various businesses such as finance, energy, engineering, manufacturing, and real estate. It operates in the following segmented markets: comprehensive financial services, advanced intelligent manufacturing, advanced materials, new consumption, and new urbanization. The comprehensive financial services division covers banking, trusts, asset management, securities, and insurance services. The advanced intelligent manufacturing division includes the manufacturing of special steel, heavy machinery, aluminum wheels, and other products. The advanced materials division includes the exploration, processing, and trading of resource and energy products, including crude oil, coal, and iron ore. The new consumption division focuses on investment and operation in infrastructure, telecommunications services, automobiles, food and consumer goods, business aviation services, and publishing services. The new urbanization division manages the development, sales, and holding of properties. The company was founded in 1979 and is headquartered in Hong Kong.