When it comes to the first central enterprise in China, that is, the most profitable central enterprise, the name that may appear in many people's minds is PetroChina and China Tobacco, but in fact, the unknown CIC is the real "first central enterprise", and its strength is far more than other enterprises, so what does this enterprise specifically do? Why is so little known?
In fact, as the name suggests, CIC is an investment enterprise, the main purpose of its creation, is to achieve the diversification of domestic and foreign funds, and manage it, so as to maximize the benefits, in short, under the management of the company, so that money makes money, so that funds can be fully utilized, play its value.
The reason why it is called "the first central enterprise" is also because CIC does have this strength, is a hidden king, to know that its current total assets have exceeded 8 trillion, a year can earn 744.8 billion.
It is worth mentioning that the 744.8 billion or pure profit, such a net profit level, obviously has far exceeded PetroChina, China Tobacco, although we all know that PetroChina is also a regular customer in the list of the world's top 500 companies, in 2020 its revenue amount of up to 2.5 trillion, but its net profit in the first 9 months of 2021 is only about 75 billion, and CIC is still a lot different.
The situation of China Tobacco is not to mention, with the support of more than 300 million smokers in China, the annual tax amount of China Tobacco can exceed trillions, but after paying the tax, China Tobacco only has about 100 billion left in its hands, which means that the net earning ability of CIC is at least equivalent to 7 Chinese tobacco.
As for why CIC is so strong, few people will know, which also has a lot to do with its short development time, the central enterprise has only developed for 14 years, and its creation time is 24 times later than China Tobacco.
In just over 10 years, CIC can set an annual record of 744.8 billion yuan, which has to be amazing, and what is even more surprising is that such a large enterprise as CIC has only more than 600 employees.
Such a situation is also very different from the situation of large enterprises in everyone's impression, after all, the number of employees of PetroChina is as high as 1.38 million, and the number of employees of China Tobacco is more than 500,000, but CIC only has more than 600 employees, and even these employees have successfully created the "first central enterprise", earning 744.8 billion yuan per year.
In fact, for any investment company, the number of employees is not dominant, the key lies in "fine", every employee of CIC, without exception, is graduated from Peking University, Tsinghua and other well-known universities.
Not only that, they are also the best among the graduates, their academic level and business ability are among the best in China, of which Cai Hua is also an old employee of CIC, graduated from Shanghai Jiaotong University, majoring in finance during the school period, after graduation, he also had internship experience in well-known enterprises such as Orient Securities, and the experience and strength in the financial industry are indeed considered to be the "elite" among the elite.
It is precisely by relying on the correct control and management of intangible assets by these elite talents that today's CIC Company has come from, so where did the CIC Company obtain the net profit of 748.8 billion yuan?
Perhaps when it comes to the name of CIC, many people are very unfamiliar with it, but in fact, there are many well-known companies on the market now, and the major shareholders behind them are CIC, including the public who is familiar with China's four major banks.
So far, CIC has a total of 7 subsidiaries, Central Huijin is one of them, according to the relevant information, Central Huijin holds 64.02% of the shares in the Bank of China, holds 57.11% of the shares of China Construction Bank, and the other two banks have more than 34% of the shares.
And these four banks are among the best in terms of earning power, and their annual net profits are more than 1 trillion yuan, according to the central Huijin shareholding ratio, then the CIC company can get 476.4 billion yuan of net profits from these banks alone every year.
In addition, in fact, in Alibaba and other well-known Internet companies, you can also find the figure of CIC, in short, its investment involves a very wide range, but a major problem that needs to be paid attention to in this is that when the investment scope of CIC continues to expand, there is also a problem of irregular capital management.
According to the known relevant information, at present, because of this problem, CIC is required to make corrections in 2014 and 2021, which also means that if these problems cannot be properly resolved in the future, it will also be a hidden crisis for CIC in the future, and there are many uncertainties about whether it can continue to maintain its high profits at that time.