Hong Kong—30 October 2026—CITIC Corporation Limited (“CITIC”), the wholly owned onshore subsidiary of CITIC Limited, released its unaudited financial statements for the nine months ended 30 September 2026.
Revenue and Earnings • Operating income reached RMB 305.70 billion, a 4.2% increase from RMB 293.50 billion in the prior-year period. • Net profit climbed 9.0% year on year to RMB 90.87 billion, equating to a net margin of 29.7%. • Profit attributable to the parent company edged up 2.3% to RMB 41.99 billion, while non-controlling interests contributed RMB 48.88 billion, up 15.4%.
Cost and Credit Metrics • Total operating costs were contained at RMB 196.26 billion, rising only 1.7% despite higher research & development spending (RMB 1.66 billion vs. RMB 0.98 billion). • Expected credit losses expanded 10.7% to RMB 51.28 billion, reflecting a cautious credit environment. • Financial expenses rose to RMB 2.86 billion from RMB 1.64 billion, partly offset by a RMB 1.32 billion gain on investments.
Balance-Sheet Growth • Total assets advanced 4.0% since year-end 2025 to RMB 13.04 trillion, supported by a RMB 138.38 billion increase in loans and advances to customers to RMB 5.90 trillion. • Customer and interbank deposits grew 8.7% to RMB 7.63 trillion, strengthening the funding base. • Debt instruments outstanding declined 13.3% to RMB 1.29 trillion, indicating reduced wholesale funding reliance. • Owners’ equity rose 3.6% to RMB 0.66 trillion; total equity, including non-controlling interests, stood at RMB 1.38 trillion.
Cash-Flow Dynamics • Operating activities generated RMB 432.24 billion, a significant improvement on the RMB 268.45 billion recorded a year earlier. • Investing activities used RMB 179.98 billion, while financing activities resulted in a net outflow of RMB 214.34 billion, primarily due to higher debt repayments. • Period-end cash and cash equivalents increased to RMB 880.78 billion from RMB 849.53 billion at the start of the year.
Parent Company Snapshot For the same nine-month period, the standalone parent company posted a net loss of RMB 0.83 billion versus a RMB 8.21 billion profit a year earlier, reflecting lower operating income and higher financing costs. Parent-level owners’ equity declined to RMB 226.42 billion from RMB 237.64 billion as at end-2025.
Regulatory Context The disclosure fulfils requirements tied to CITIC’s outstanding super & short-term commercial paper in mainland China and was released pursuant to Hong Kong Listing Rule 13.09(2)(a) and Part XIVA of the Securities and Futures Ordinance.
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