1205 on Hong Kong Stock Exchange

CITIC Resources

Hong Kong natural resources company

CITIC Resources Holdings Limited (Chinese: 中信资源控股有限公司; pinyin: Zhōngxìn Zīyuán Kònggǔ Yǒuxiàn Gōngsī) is a Hong Kong-based natural resources company and a red chip subsidiary of the CITIC Group, one of China's largest state-owned conglomerates. Established in 1997, the company has evolved from a metals trading firm into a vertically integrated natural resources enterprise engaged in oil, coal, aluminum, and commodities trading.2 It is part of CITIC Limited.1 Its shares trade on Hong Kong Stock Exchange under the symbol 1205.1 Wikipedia text CC BY-SA 4.0

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Last updated Oct 21, 2026.

Overview

1997Founded1

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CITIC Resources Holdings Limited (Chinese: 中信资源控股有限公司; pinyin: Zhōngxìn Zīyuán Kònggǔ Yǒuxiàn Gōngsī) is a Hong Kong-based natural resources company and a red chip subsidiary of the CITIC Group, one of China's largest state-owned conglomerates. Established in 1997, the company has evolved from a metals trading firm into a vertically integrated natural resources enterprise engaged in oil, coal, aluminum, and commodities trading.2

Corporate structure

CITIC Resources is part of a group headed by CITIC Limited. 61 entities, 4 countries on record. Switch between the flow chart and the network, and select any entity to see its details.

  • CITIC Limited 北京市, China
    • CITIC Resources 59.5% · Hong Kong
    • 中信证券股份有限公司 北京市, China
      • CITIC Securities International Co Ltd Central, Hong Kong
        • CLSA Hong Kong, Hong Kong
        • CITIC SECURITIES ASSET MANAGEMENT (HK) LIMITED (中信證券資產管理(香港)有限公司) Subsidiary · Hong Kong, Hong Kong
          • 19 more
        • CITIC SECURITIES BROKERAGE (HK) LIMITED (中信証券經紀(香港)有限公司) Subsidiary · Central, Hong Kong
        • CITIC SECURITIES FINANCE (HK) LIMITED Subsidiary · Hong Kong, Hong Kong
        • CITIC SECURITIES FUTURES (HK) LIMITED (中信証券期貨(香港)有限公司) Subsidiary · Hong Kong, Hong Kong
        • CITIC SECURITIES INTERNATIONAL CAPITAL MANAGEMENT LIMITED Subsidiary · Hong Kong, Hong Kong
        • CITIC SECURITIES INTERNATIONAL GLOBAL MARKETS LIMITED (中信證券國際全球市場有限公司) Subsidiary · Hong Kong, Hong Kong
        • CITIC SECURITIES INTERNATIONAL USA, LLC Subsidiary · New York, New York, United States
        • CLSA (UK) Subsidiary · Hong Kong, Hong Kong
        • CLSA AMERICAS, LLC Subsidiary · New York, New York, United States
        • CLSA AUSTRALIA PTY LTD Subsidiary · Hong Kong, Hong Kong
        • CLSA B.V. Subsidiary · Hong Kong, Hong Kong
        • CLSA CAPITAL LIMITED (里昂證券(投資)有限公司) Subsidiary · Kowloon, Hong Kong
        • CLSA EUROPE B.V. Subsidiary · Central, Hong Kong
        • CLSA GLOBAL MARKETS PTE. LTD. Subsidiary · Hong Kong, Hong Kong
        • CLSA INDIA PRIVATE LIMITED Subsidiary · Hong Kong, Hong Kong
        • CLSA LIMITED (中信里昂證券有限公司) Subsidiary · Admiralty, Hong Kong
        • CLSA PHILIPPINES, INC. Subsidiary · Hong Kong, Hong Kong
        • CLSA SECURITIES (THAILAND) LIMITED (บริษัท หลักทรัพย์ ซี แอล เอส เอ (ประเทศไทย) จำกัด) Subsidiary · Hong Kong, Hong Kong
        • CLSA SECURITIES KOREA LTD. (씨엘에스에이코리아증권(주)) Subsidiary · Hong Kong, Hong Kong
        • CLSA SECURITIES MALAYSIA SDN. BHD. Subsidiary · Hong Kong, Hong Kong
        • CLSA SEKURITAS INDONESIA, PT Subsidiary · Central, Hong Kong
        • CLSA SINGAPORE PTE LTD Subsidiary · Hong Kong, Hong Kong
        • CLSA TECHNOLOGY & SERVICES LLP Subsidiary · Hong Kong, Hong Kong
        • CSI FINANCE LIMITED Subsidiary · Hong Kong, Hong Kong
        • and 2 more
      • zhong xin zheng quan zi chan guan li you xian gong si (中信证券资产管理有限公司) Subsidiary · 丰台区, China
      • 中信期货有限公司 Subsidiary · 深圳市, China
    • CITIC Trust Subsidiary · 100%
    • CITIC Heavy Industries Subsidiary · 67.27% · 洛阳市, China
    • China CITIC Bank Subsidiary · 65.9% · Beijing
    • CITIC International Financial Holdings Limited Subsidiary · 65.9%
    • CITIC 1616 Holdings Subsidiary · Hong Kong
    • CITIC Dicastal Subsidiary
    • CITIC FINANCE INTERNATIONAL LIMITED Subsidiary · Hong Kong, Hong Kong
    • CITIC SECURITIES FINANCE MTN CO., LTD. Subsidiary · Road Town, British Virgin Islands
    • CSI MTN Limited Subsidiary · Hong Kong, Hong Kong

Built from parent and subsidiary links from GLEIF, the Global Legal Entity Identifier Foundation (CC0); subsidiaries, stakes and holdings from Wikidata (CC0). Each entity in the chart links to its source.

The story

In 2007, CITIC Resources acquired oil assets in Kazakhstan and Northeast China from its parent, CITIC Group, for US$1.15 billion. This strategic shift transformed the company from a metals-focused entity into an energy producer. CITIC Resources has since positioned itself as one of the leading Chinese oil producers after PetroChina, Sinopec, and CNOOC.

From Wikipedia’s article on CITIC Resources, shared under CC BY-SA 4.0.3

Products and brands

Crude oil

CITIC Resources holds upstream oil assets in:

Kazakhstan – Operator of the Karazhanbas Oilfield onshore in the Caspian Basin.

Indonesia – Participates in the Seram Block located in eastern Indonesia.

China – Operates the Yuedong Oilfield in Liaoning Province through its majority interest in Tincy Group Energy.

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These projects provide steady oil production and contribute a major share of the company’s revenue.

Coal

The company holds stakes in several coal operations:

Xin Julong Coal Mine (Shandong, China) – A 30% stake in a major Chinese coal mine.

Coppabella and Moorvale Mines (Australia) – Investments through the Macarthur Coal Joint Venture, specializing in metallurgical coal used for steelmaking.

Aluminum

CITIC Resources is a joint venture participant in the:

Portland Aluminum Smelter (Victoria, Australia) – One of the largest aluminum smelting facilities in the Southern Hemisphere, producing ingots for regional and global markets.

Commodities trading

The company remains active in:

Trading of base and precious metals

Import/export of bulk resources including bauxite, alumina, and oil products

Logistics and distribution support for raw materials across Asia-Pacific

From Wikipedia’s article on CITIC Resources, shared under CC BY-SA 4.0.3

Subsidiaries and ownership

Parent company

Owners

From Wikidata.1

Timeline

  1. Sep 8, 1997Went public Listed on Hong Kong Stock Exchange1
  2. 1997Founded Founded1

Sources

The numbers on this page point here. Each one links to the record it came from.

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