CITIC Resources was incorporated in Bermuda in 1997, and its shares are listed on the Hong Kong Stock Exchange. China CITIC Group Co., Ltd. (formerly China CITIC Group Corporation) became the main controlling shareholder of the Company in March 2004, and its subsidiary, China CITIC Co., Ltd., currently holds about 59% of the Company's interests. The company is positioned as a comprehensive supplier of important commodities and strategically valuable natural resources, with a particular focus on the oil and coal business. The main business includes extraction, development and production of oil and coal; import and export of commodities; and investment in aluminum and manganese.
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