CITIC Industrial Investment
CITIC Industrial Investment is a capital management company that aims to enhance efficiency and ROI of state-owned capital. Its successful investments have empowered a batch of firms, like Lao Fengxiang, Jinhui Liquor in the consumption area, and Das Intellitech, China TransInfo, Cambricon and China Railway Signal & Communication in the technology sector. The company’s elderly care business, centered on the Yangtze River delta, is dedicated to delivering one-stop and professional services. Moreover, in an effort to build a market leading brand trusted by the elderly, a balance must be achieved between asset-light investment and asset-heavy investment. At present, two elderly care projects in Shanghai and Hangzhou respectively are progressing as planned.