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Other Businesses

As part of its strategy to develop a diversified business platform for long-term growth, CITIC Pacific has invested in a number of other sectors including ship management and chartering and telecommunications.

Other Businesses

As part of its strategy to develop a diversified business platform for long-term growth, CITIC Pacific has invested in a number of other sectors including ship management and chartering and telecommunications.

Ship Management and Chartering

Based in Singapore, Cheng Xin Ship Management is a wholly-owned subsidiary of CITIC Pacific established in 2011 which owns and operates a fleet of dry bulk vessels that provide world-wide freight logistical support to CITIC Pacific companies. The fleet includes twelve 115,000 tonne Handysize and Capesize dry bulk carriers.

CITIC Telecom International

CITIC Pacific holds a 41% interest in CITIC Telecom International Holdings (1883.HK) which was listed on the Hong Kong Stock Exchange in 2007. As one of the largest Asia-Pacific telecommunications hubs, CITIC Telecom’s services include voice messaging, SMS, value-added mobile and data services, information and communication technology solutions. CITIC Telecom International also holds a 99% interest in Companhia De Telecomunicações de Macau, S.A.R.L..
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