About

CITIC, one of China's largest conglomerates, is supervised by the Ministry of Finance of the People's Republic of China. It is a constituent of the Hang Seng Index. Its focus is primarily on financial services, resources and energy, manufacturing, engineering contracting and real estate. As of 31 December 2019, CITIC had total assets of HK$8.29 trillion and total ordinary shareholder funds of over HK$591 billion.

Awards

Ameur Seflia, MA - Lighthouse award in Productivity

Jan 2025

An aluminium-component plant serving 30+ automotive customers across 12 countries faced tightening 'lightweight, high-precision, zero defect' demands and large local energy fluctuations that complicated carbon reduction. It deployed 40+ digital use cases for high-precision flexible production, AIGC-enhanced visual inspection and process control to manage natural-gas quality volatility, improving OEE by 17%, labour productivity by 27% and cutting Scope 1&2 emissions by 53%.

Qinhuangdao, CN - Lighthouse award in Productivity

Sep 2021

Faced with stagnating automotive demand and OEM pressure for tighter quality, lower cost and ever-smaller batches across a wide product mix, the site rebuilt its wheel plant around flexible automation, digital lean and AI. Between 2018 and 2020 it cut manufacturing cost by 33.5%, lifted labour productivity 38.3% and OEE 21.4%, and moved its painting and coating line to true batch-size-one operation. The use-case suite has since been rolled out to the company's other sites.

Jiangsu, CN - Lighthouse award in Productivity

Jan 2023

To meet fast-growing global demand for customised steel products while navigating volatile raw-material and energy supply, the site deployed 40+ 4IR use cases such as advanced-analytics-powered process simulation and AI-enabled energy management. It increased customised orders by 35.3%, cut the non-qualified product rate by 47.3% and reduced energy consumption by 10.5% per ton of steel.