Is CITIC Guojiao (Hainan) Holding Group Co., Ltd. a subsidiary of CITIC Group?

It is a subsidiary company. Citic Guojiao (Hainan) Holding Group Co., Ltd., established on 20 10, is one of the wholly-owned subsidiaries of CITIC Group in Hainan Province, mainly engaged in real estate development, investment and management. CITIC Group is a large-scale comprehensive financial group in China, which was established in 1995 and headquartered in Beijing. Citic Group, covering banking, securities, trust, insurance, funds, leasing, asset management and other fields, is one of the important representatives of China's financial industry.