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2021:CMG Net Profit Hits RMB 169.2 Billion

2022-01-24

On Jan 21, CMG held its annual work conference in Shenzhen. In 2021, CMG has performed well and maintained sustainable grow, presenting a good start of "14th Five-Year Plan". CMG hit record highs, achieving turnover of RMB 936.2 billion with YoY growth of 15.1%, total profits of RMB 212.1 billion with YoY growth of 21.1%, net profits of RMB 169.2 billion with YoY growth of 23.4% and total assets of RMB 11.68 trillion. The Group’s net profit and asset scale ranked first again among all state-owned enterprises.






About CMG>

China Merchants Group (CMG), a key state-owned enterprise directly administered by the central government, is headquartered in Hong Kong and stands as one of the earliest Chinese-funded enterprises established and operating in the region. As a century-old, comprehensive, and Hong Kong-based central enterprise, CMG has been upholding its corporate mission of “To Lead the Times with Business Success” and core values of "With a Shared Destiny with Our Country, to Grow in Tandem with the Era."

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