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Last updated on April 24, 2014 at 21:24 EDT

Latest CITIC Group Stories

2012-02-23 11:30:00

WUHAN, China, Feb. 23, 2012 /PRNewswire-Asia/ -- Kingold Jewelry, Inc. (NASDAQ: KGJI), today announced an agreement with China CITIC Bank (Wuhan) ("CITIC" or "the Bank") to design and manufacture 24-Karat gold investment-oriented products for resale throughout the Bank's local retail banking network. China CITIC Bank is one of the leading commercial banks in mainland China, with more than 600 retail footprints and has operations in nearly 130 countries and regions around the world. The...

2011-11-04 06:24:00

NANJING, China, Nov. 4, 2011 /PRNewswire-Asia/ -- ET Solar Group Corp. ("ET Solar"), a China-based vertically integrated producer and provider of Photovaltaic ("PV") modules and related solutions to the global solar market, today announces a strategic alliance agreement with China CITIC Bank, Nanjing Branch ("CITIC"). Under the indicative agreement, CITIC will provide, in the next five years, a credit facility of no less than RMB8 billion (or US$1.27 billion) to ET Solar for both general...

2011-10-03 04:00:00

NEW YORK, Oct. 3, 2011 /PRNewswire-Asia-FirstCall/ --On September 1, 2011, Puda Coal, Inc. (OTC BB: PUDA) (the "Company"; <font size="2" face="Arial">Other OTC: PUDA.PK</font>) filed a current report on Form 8-K with the U.S. Securities and Exchange Commission ("SEC") disclosing interim findings of the internal investigation by the Company's Audit Committee, including that, on August 31, 2011, Chairman Ming Zhao, through his counsel, provided the Audit Committee with a letter...

2011-09-26 14:46:00

TAIYUAN, China, Sept. 26, 2011 /PRNewswire-Asia-FirstCall/ -- On September 23, 2011, the Board of Directors of Puda Coal, Inc. (the "Company"; Other OTC: PUDA.PK) received a letter from the Company's Chief Executive Officer ("CEO"), Liping Zhu, dated September 22, 2011. The letter states that Mr. Zhu resigns from his positions as the Company's CEO and as a director on the Board. The letter also states that, on August 29, 2011, Mr. Zhu provided a false letter from CITIC Trust Co. Ltd....

2011-08-01 12:27:00

BEIJING, Aug. 1, 2011 /PRNewswire-Asia-FirstCall/ -- Tri-Tech Holding Inc. (Nasdaq: TRIT), a premier Chinese company that provides turn-key solutions in China for the water resources, water and wastewater treatment, industrial safety and pollution control markets, announced today that the company has been granted a line of credit loan in the amount of RMB60 million (US$9.32 million) from China CITIC Bank. In unrelated news, the company has also filed a shelf registration statement on Form...

2011-07-18 06:56:00

HONG KONG, July 18, 2011 /PRNewswire-Asia/ -- COSTIN New Materials Group Limited ("COSTIN", together with its subsidiaries, the "Group", stock code: 2228.hk), which is principally engaged in the research and development, production and sales of non-woven materials and recycled chemical fibres, is pleased to announce today that it has completed the issue of a US$30 million (approximately HK$233 million) convertible bond to CITIC Capital China Access Fund Limited, an investment fund managed...

2011-06-16 08:06:00

SAN FRANCISCO, June 16, 2011 /PRNewswire/ -- Vector Capital, a global private equity firm specializing in the technology sector, today announced it has completed its acquisition of RAE Systems, Inc. in a take-private transaction valued at approximately $138 million. In connection with the transaction, Vector partnered with CITIC Capital Partners, a leading China based private equity firm. RAE Systems, founded in 1991, is a leading provider of rapidly deployable connected, intelligent gas...

2011-03-29 08:00:00

SAN FRANCISCO, March 29, 2011 /PRNewswire/ -- Merriman Capital, Inc., a wholly owned subsidiary of Merriman Holdings, Inc. (Nasdaq: MERR), today announced that it will serve as the Principal American Liaison (PAL) for Inter-Citic Minerals Inc. (TSX:ICI; OTCQX:ICMTF) as it lists on OTCQX®. (Logo: http://photos.prnewswire.com/prnh/20100914/SF64919LOGO) Inter-Citic Minerals Inc. is a junior gold exploration company with property in the People's Republic of China. The...

2011-03-29 06:00:00

NEW YORK, March 29, 2011 /PRNewswire/ -- OTC Markets Group Inc. (OTCQX: OTCM), the financial information and technology services company that provides the world's largest electronic marketplace for broker-dealers to trade unlisted stocks, today announced that Inter-Citic Minerals Inc. (TSX: ICI; OTCQX: ICMTF), a junior gold exploration company with property in the People's Republic of China, is now trading on the OTC market's highest tier, OTCQX®. (Logo:...

2010-11-17 19:00:00

HONG KONG, Nov. 17, 2010 /PRNewswire/ -- GSMA MOBILE ASIA CONGRESS -- Neustar, Inc., (NYSE: NSR), a leader in providing carriers and enterprises with solutions for sending calls, messages and content across networks worldwide, today announced that CITIC 1616 Holdings Limited ("CITIC 1616"; Hong Kong Stock Exchange stock code: 1883), a leading telecom services provider in Asia, has selected PathFinder, a GSMA-managed service operated by Neustar, to enable the delivery of IP services across...