Rong Zhijian, Citic Pacific Group Part 2

The initial investment, including loans, is about more than 2 million U.S. dollars, I personally accounted for 60 percent. This company has been in profits to the end of 1982, and was a production of computer hardware design of the acquisition of 28 per cent in 1988 and listed on the merger, to become the first U.S. listing of the computer-assisted equipment manufacturers. The original more than 2 million U.S. dollars investment in value-added of all of a sudden it 40 times. "Rong Zhijian still optimistic about Hong Kong, he sold 60 percent stake in U.S. companies, coupled with the sale of cards by love of over 56 million Hong Kong dollar, he had hundreds of thousands of property has been increased to 430 million Hong Kong dollar, Less than a decade after the world's fastest growing value-added things may be the most important buildings in Hong Kong. Rong Zhijian of the company and value-added rate than Hong Kong's property market faster. Just a few years the value of 56 times, 40 times , As if the days Yetan. Rong Zhijian in 1986 to join his father's China International Trust and Investment Corporation, CITIC Hong Kong to become the vice chairman and general manager. Rong Zhijian of CITIC Hong Kong entered the generous after the acquisition of Cathay Pacific Airways is 100 12.5 per stake.. Hong Kong's Cathay Pacific Airways is a veteran of British companies, is the world's leading international airlines. In 1987, the Hong Kong stock market, real estate and the world shipping industry is still in the doldrums, CITIC After careful study of Hong Kong, Cathay Pacific decided to buy the stock. Rong Zhijian, said: "We analyzed the nearly six months, feel optimistic about the prospects of Cathay Pacific's earnings, improve the business, but also an excellent management team. I put his idea to the Beijing company reported that less than five days to be approved. "State Department for 800 million Hong Kong dollar loans, as CITIC Hong Kong's operating capital. February 1987, Hong Kong CITIC to 20 300 million Hong Kong dollar acquisition of Cathay Pacific's 12.5 percent stake: in 1990, Hong Kong CITIC Hong Kong dollar to 500 million acquisition of Dragonair's 46.3 percent stake in . CITIC Hong Kong entered the Dragonair, a Dragonair's largest shareholder. After the acquisition of Dragonair, Rong Zhijian part of the shares will be transferred to Cathay Pacific, Cathay Pacific of the shares. Dragonair by Cathay Pacific management of the business, add aircraft Cathay Pacific to hire. Cathay Pacific grounded mainland routes, Dragonair to give so that Dragonair became a subsidiary of Cathay Pacific.

Hong Kong CITIC is the largest ever of an investment, was 90 to more than 10 billion Hong Kong dollar acquisition of a 20% stake in Hong Kong Telecom, as this was the largest market value of the stock market of Hong Kong's second largest shareholder. So far, Hong Kong CITIC addition to Cathay Pacific's 12.5 percent, Hong Kong Telecom's 20 percent stake, also owns 30 percent of Dragonair, three people, the Eastern Harbour Crossing 100 23.5 points, Macao Telecom's 20 percent, the Asian satellite company's 33 percent, two percent of Hutchison Communications, the Peregrine Group of 9.0% "Ka Wah Bank The 74 percent stake, plus about 1 billion Hong Kong dollar real estate, a fleet of about 300,000 tons, also have been in mainland China and Inner Mongolia, Jiangsu and other places from 4 to 500 million U.S. dollars investment in building power plants, the Group The total assets of close to 20 billion Hong Kong dollar.