Chairman of CITIC Group Xie Guohua: Actively aligning with the Guangdong Zhuoxin Guiding Fund's strategic layout.

date
25/05/2026
On May 25, 2026, the Guangdong Province Strategic Emerging Industry Investment Guidance Fund held its launch ceremony in Guangzhou. As the first provincial government investment fund in Guangdong to operate sustainably, the Guangdong Zhanxin Guidance Fund aims to reach a scale of over 100 billion Yuan, and is expected to leverage trillions of social capital. It is understood that the China CITIC Group Limited plans to jointly establish a regional industrial investment fund in Dongguan with a scale of around 5 billion Yuan in partnership with the Dongguan municipal government and the Guangdong Zhanxin Guidance Fund, focusing on areas such as electronic information, semiconductors and integrated circuits, new materials, high-end manufacturing, and robotics. Xi Guohua, Secretary of the Party Committee and Chairman of the Board of China CITIC Group, said in a speech at the event, "The Guangdong Zhanxin Guidance Fund focuses on strategic emerging industries, translating the strategic deployment of the central government into specific investment arrangements and project support, injecting new productive forces with 'long-term and long-term investments' as the source of vitality, fully demonstrating the political position and mission of Guangdong as a 'leading province in the economy'." Xi Guohua explained that China CITIC Group has over 200 branches in Guangdong with total assets exceeding 2 trillion Yuan, and is a steadfast participant and beneficiary in the high-quality development of Guangdong.