CITIC Pacific /

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CITIC Pacific (traditional Chinese: 中信泰富, SEHK: 0267,OTCBB: CTPCY) is a Hong Kong-based conglomerate holding company headquartered in the CITIC Tower, Admiralty, Hong Kong. It is 58% owned by the state-owned Citic Group in Beijing and has shareholders around the world. CITIC Pacific is a diversified company with a primary focus on special steel manufacturing, property and iron ore mining, which supplies the raw material needed in the making of special steel and property development in mainland China. CITIC Pacific's operating segments include special steel, iron ore mining, property, civil infrastructure, power generation and other business areas. CITIC Pacific's subsidiaries include CITIC Pacific Mining, CITIC Pacific Special Steel, Dah Chong Hong Holdings Limited (DCH Holdings) and CITIC Telecom International. DCH Holdings is a distributor of motor vehicles, food and consumer products. CITIC Telecom International owns and operates a telecoms hub that provides interoperability, interconnections and value-added services. On March 3 2011, CITIC Pacific announced its results for the full-year ended 31 December 2010. Profit attributable to shareholders was HK$8,915 million, the second

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