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CITIC Group
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State-owned investment company in China

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TRL Range
TRL 1 Basic research
TRL 2 Technology formulation
TRL 3 Applied research
TRL 4 Small scale prototype
TRL 5 Large scale prototype
TRL 6 Prototype system
TRL 7 Demonstration system
TRL 8 First of a kind commercial system
TRL 9 Full commercial application
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Headquarters China Beijing, China
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Siemens Building Technologies Siemens Building Technologies
The Citic Square Shanghai is a building automation customer.
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Confirmed by Siemens Building Technologies
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IPO INFORMATION

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Date Investors Type Amount
01/20/2015 ITOCHU ITOCHU , Charoen Pokphand Group Charoen Pokphand Group (2)
Post-money valuation of
ITOCHU and CP Group have acquired a 20% stake in Chinese conglomerate for $10bn. The deal is expected to close in October.
Buyout / Late-Stage Private Equity $10,000,000,000
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