Through the approach of “Direct Investment +FoF Investment,” CCT Fund focuses on investment layout centered around key themes such as the high-quality development of SOEs, the “9+6” strategic emerging industries, industrial chain enhancement, and the sources of original technologies, so as to support SOE in becoming better and stronger.
1500+
investment settlements (in hundred-millions of yuan)
90%+
investment in SOEs
70%+
investment in strategic emerging industries
~50%+
Support for SOEs Industrial Chain Enhancement.
China Resources Microelectronics Limited, a high-tech enterprise under China Resources Group, is responsible for the investment, development, and management of microelectronics business. After years of development and a series of integration, the company has evolved into a comprehensive semiconductor enterprise with significant influence in China. Since 2004, it has been continuously ranked among the top 100 Chinese electronic information enterprises by the Ministry of Industry and Information Technology.
Minmetals New Energy Materials (Hunan) Co., Ltd., established in 2002, is a direct subsidiary of China Minmetals Corporation, a Fortune Global 500 company. In August 2021, the company was listed on the Science and Technology Innovation Board of the Shanghai Stock Exchange (Stock Code: 688779). Specializing in the research, production and sales of high-efficiency battery materials, the company is one of the pioneering enterprises in China engaged in the research, development and production of ternary cathode materials. It has a comprehensive product portfolio, covering lithium battery multi-material precursors, cathode materials, and lithium iron phosphate cathode materials.
Air China Limited was established in 1988. It is the only flag carrier airline in China and is listed on the stock exchanges of Hong Kong, London and Shanghai. As of the end of August 2024, Air China (including its subsidiaries) has a total of 921 aircraft of various types and maintains a well-balanced and rich route network. As evaluated by the World Brand Lab, Air China boasted a brand value of RMB 259.695 billion in 2024, ranking among the "Top 500 World Brands" for several consecutive years.
China State Shipbuilding Corporation Limited was established on October 14, 2019 through the joint restructuring of China State Shipbuilding Corporation and China Shipbuilding Industry Corporation. It is a super-large state-owned key backbone enterprise. As the world's largest shipbuilding group, it’s the main force in the construction of China's naval equipment, the leading force in the development of the global shipbuilding industry, and the supporting force for making China a maritime power.
CMOC Group Limited engages in the non-ferrous metal mining and processing business, which includes the mining, beneficiation, smelting and refining of base and rare metals, and mineral trading business. The Company ranks 145 among Fortune 500 China companies in 2024, 621 among Forbes Global Listed Companies 2000 in 2024, and 24 among PwC Global Top 40 Mining Listed Companies (Market Value).
NARI Technology Co., Ltd. is a leading enterprise in China's energy, power, and industrial control fields. It is a world-leading provider of comprehensive solutions for energy internet technologies, as well as a "Science and Technology Reform Demonstration Enterprise" designated by the State-owned Assets Supervision and Administration Commission of the State Council. The company excels in technologies such as the digital integration of measurement and control, and power electronics. It provides software and hardware products, as well as comprehensive solutions, for industries including power and energy, utilities, energy conservation and environment protection, water resources, rail transport, industrial and mining, etc. Its products and services cover the entire China, as well as more than 100 countries and regions globally.
China Mobile Communications Group Co., Ltd. is a central SOE established in accordance with the overall arrangements of China's telecommunication system reform. China Mobile is a mobile communication operator based on GSM, TD-LTE, and FDD-LTE network standards. China Mobile wholly owns China Mobile (Hong Kong) Co., Ltd. China Mobile Limited has established subsidiaries in 31 provinces across the country and in Hong Kong. It is listed on the stock exchanges of both Hong Kong and New York. It mainly engages in mobile voice, data, internet, IP telephony, and multimedia services, and holds the operation rights for international internet connectivity and international gateway services.
China United Network Communications Group Co., Ltd. (hereinafter referred to as "China Unicom") has branches in 31 provinces (autonomous regions and municipalities) across China and in various countries and regions abroad. It boasts a modern communication network covering the entire country and reaching the world, along with a global customer service system. Ranking 279th in the 2024 Fortune Global 500, China Unicom serves as a fundamental communication enterprise supporting government, military systems, various sectors, and the public. It plays a basic, pillar, strategic, and leading role in the national economy, characterized by its technology-intensive nature, comprehensive network coverage, scale economy, and its role in serving the economy, society, and the wellbeing of the people.
With the approval of the State-owned Assets Supervision and Administration Commission of the State Council, China Railway Materials Company Limited was established through the restructuring and reorganization of China Railway Materials Corporation (whose predecessor was the Materials Management Bureau of the Ministry of Railways). China Railway Materials Company Limited ranked 254th on the Fortune China 500 in 2021.
Headquartered in Beijing, China Railway Engineering Group Co., Ltd., was established in March 1950. It is a large-scale and multi-functional enterprise group integrating various businesses, including infrastructure construction, survey, design and consulting services, engineering equipment and parts manufacturing, real estate development, railway and highway investment, mineral resources development, and materials trading. It is also the largest multi-functional and comprehensive construction group in China and Asia, and is a central SOE managed by the State-owned Assets Supervision and Administration Commission of the State Council.
CITIC Dicastal Co., Ltd. (hereinafter referred to as “CITIC Dicastal”) is a globally renowned manufacturer of aluminum wheels. Established in 1988 as the first aluminum wheel manufacturing enterprise in mainland China, it was initially known as Dicastal Wheel Manufacturing Co., Ltd. and was invested by CITIC Group. In October 2007, the company underwent a restructure, and in August 2012, it was officially renamed CITIC Dicastal Co., Ltd.
Established on September 29, 2011, China Energy Engineering Corporation Limited (CEEC) is a comprehensive, super-large energy construction group approved by the State Council and directly managed by the State-owned Assets Supervision and Administration Commission of the State Council. It is composed of power survey, design, construction, and manufacturing enterprises from 15 provinces (municipalities, autonomous regions) formerly affiliated with China Gezhouba Group Corporation, China Power Engineering Consulting Group Corporation (China Electric Power Planning & Engineering Institute), and China Southern Power Grid Co., Ltd.
Power Construction Corporation of China (POWERCHINA) is headquartered in Haidian District, Beijing. Approved by the State Council in September 2011, PowerChina was founded on the basis of 14 provincial (regional) surveys and design, and engineering and equipment manufacturing enterprises, which were formerly affiliated with the Sinohydro Construction Group Corporation, the China Hydropower Engineering Consulting Group Corporation, the State Grid Corporation of China and China Southern Power Grid Co., Ltd..
China COSCO Shipping Corporation Limited (hereinafter referred to as COSCO Shipping Group), established on February 5, 2016, is a central SOE headquartered in Shanghai. It is the merged entity of China Ocean Shipping (Group) Company (COSCO) and China Shipping (Group) Company (China Shipping). As a super-scale central SOE directly managed by SASAC, it plays a crucial role in the national economy and people’s livelihoods. The company is registered in the Lujiazui Financial District of the Shanghai Pudong Free Trade Zone. It has a registered capital of 11 billion yuan and total assets of 880 billion yuan, with a workforce of 118,000 employees.
COFCO Fortune, a wholly owned subsidiary of COFCO Group, serves as a key asset for national food security strategy. It is the core business platform for COFCO Group’s ambition to become a world-leading top-tier grain trader. The “Fortune” is one of the most influential brands and is the leading brand in China’s grain and oil industry, providing consumers with safe, nutritious, healthy, and high-quality food products.
Semiconductor Manufacturing International Corporation (SMIC) was incorporated on April 3, 2000 in accordance with the laws of the Cayman Islands. On March 18, 2004, SMIC was listed on the Main Board of the Hong Kong Stock Exchange. On July 16, 2020, it debuted on the Science and Technology Innovation Board of the Shanghai Stock Exchange. SMIC’s primary business is manufacturing integrated circuit chips for customers based on their own or third-party IC designs. As a pure-play commercial integrated circuit foundry, SMIC offers process design and manufacturing services ranging from 0.35 microns to 14 nanometers.
Huahong Group is an industrial group in China that owns mainstream "8inch + 12-inch" advanced IC manufacturing process technologies. Shanahai Huahong Grace Semiconductor Manufacturing Corporation ("HHGrace" or the "company”), under the Huaong Group, is a wholly owned subsidiary of Hua Hong Semiconductor Limited , which was incorporated through consolidation between Shanghai Hua Hong NEC Electronics Company Limited and Grace Semiconductor Manufacturing Corporation.
SenseTime is a leading AI software company dedicated to “pioneering originality and letting AI drive human progress”, known as one of the “Four AI Dragons” in the industry. Established in Hong Kong in 2014, its founding team originated from the Multimedia Laboratory of the Chinese University of Hong Kong, founded in 2001, and includes Professor Xiaoou Tang and key laboratory members. As of June 30, 2021, SenseTime employed 40 professors and over 5,000 employees, approximately two-thirds of whom are scientists and engineers. This robust talent pool has laid a solid foundation for SenseTime’s full-stack AI innovation system, from research and development to production, enabling the company to continuously enhance its leading AI capabilities in the industry.
Changxin Memory Technologies, Inc. (CXMT) is a comprehensive memory manufacturer specializing in the design, research and development, production, and sales of dynamic random-access memory (DRAM) chips. Founded in 2016 and headquartered in Hefei, Anhui Province, the company has set up multiple R&D centers and branches both domestically and internationally. CXMT’s technical team, with extensive experience in technology research and strong innovation capabilities, has launched several commercial DRAM products widely used in mobile devices, computers, servers, virtual reality, and the Internet of Things.
GAC Aion New Energy Automobile Co., Ltd. (GAC Aion) was established on July 28, 2017, as the strategic core entity of GAC Group for the development of intelligent and connected new energy vehicles. Since its inception, GAC Aion has adhered to the “EV (pure electric) + ICV (intelligent and connected vehicles)” strategy, prioritizing innovation-driven development. It has built China’s first pure-electric and new-energy factory dedicated for EV manufacturing, established the internationally renowned Aion brand, and launched five world-class products.
Shanghai United Imaging Healthcare Co., Ltd. (referred to as UIH), a subsidiary of United Imaging Healthcare Technology Group, is committed to delivering high-performance medical imaging, radiotherapy products, life science instruments, and digital medical solutions to global clients. Founded in 2011, UIH is headquartered in Shanghai, with regional headquarters and R&D centers established in the United States, Malaysia, the United Arab Emirates, Poland, and etc.