Investors

About CIC

The Group is majority owned by CIC.

Headquartered in Beijing, China Investment Corporation (’CIC’) was founded on 29 September 2007 as a wholly state-owned company incorporated in accordance with China’s Company Law. As China’s sovereign wealth fund, CIC was established as a vehicle to diversify China’s foreign exchange holdings and seek maximum returns for its shareholder within an acceptable risk tolerance. As a long-term financial investor, CIC invests on a commercial basis. As at 31 December 2021, CIC’s net assets reached $1.25 trillion.The overseas investment and management activities of CIC are undertaken by CIC International and CIC Capital. Both CIC International and CIC Capital are marketoriented commercial entities with a specialised mandate and global reach.

About Blackstone

Blackstone has a minority interest in the Group.

Blackstone is the world’s largest alternative asset manager. Blackstone seeks to create positive economic impact and long-term value for investors, the companies we invest in, and the communities in which we work. We do this by using extraordinary people and flexible capital to help companies solve problems. Blackstone’s $975 billion in assets under management include investment vehicles focused on private equity, real estate, public debt and equity, infrastructure, life sciences, growth equity, opportunistic, non-investment grade credit, real assets and secondary funds, all on a global basis.