On March 27, CITIC held its 2025 annual results conference. Regarding real estate and local government debt, Executive Director and Deputy General Manager Liu Zhengjun stated that these are two key areas of ongoing national focus. In recent years, the company has placed significant emphasis on risks in these sectors, implementing multiple measures and targeted policies aimed at clearing existing risks, promoting transformation, and optimizing structure to drive a sustained reduction in risk exposure.
Liu Zhengjun indicated that in 2026, the company will continue to implement the central government's requirements for resolving risks in real estate and local debt. Efforts will focus on strengthening quality and risk control, continuously optimizing the allocation of regions, clients, and resources, and ensuring effective balance between business development and risk prevention.
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