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.






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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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