To capture the growing opportunities arising from emerging markets and high potential, growth companies in China, we have forged strategic joint ventures with China Development Bank and Kazyna Capital Management JSC respectively, to identify and maximize opportunities in those areas.

The Kaixin Investments
Established in 2008, Kaixin Investment Co., Ltd. is a joint venture between CITIC Capital Holdings Limited and China Development Bank. With registered capital of RMB900 million, the joint venture focuses on high potential industries and long-term growth companies in China. The fund aims to achieve strong risk-adjusted financial returns by capitalizing on opportunities in the advanced technology, renewable energy, new agriculture and related services industries.

CITIC Kazyna Investment Fund I
CITIC Kazyna Investment Fund I is sponsored by CITIC Group, CITIC Capital Holdings Limited and Kazyna Capital Management JSC (a subsidiary of the sovereign wealth fund "Samruk-Kazyna" of the Republic of Kazakhstan). The fund focuses on infrastructure projects with growth potential and non-energy extraction projects in the Republic of Kazakhstan, Central Asia and China.