CITIC Trust

CITIC Industrial Trust Investment Corporation (Chinese: 中信兴业信托投资公司) was founded on 1 March 1988 as a subsidiary of CITIC Group (formerly China International Trust Investment Corporation).

CITIC Trust formed a joint venture with China Guodian Corporation.

The joint venture raised money from the general public to invest in Guodian's projects.

[8] CITIC Trust was an investor in Otis Elevator (China) Investment from 1998 to 2001.

[9] CITIC Trust was a shareholder of China Guangfa Bank in 2006 for 20% shares.