CITIC 21CN

CITIC 21CN Company Limited (Public, HKG:0241) is a Hong Kong-based investment holding company.

History

CITIC 21CN is an integrated information and content service provider. CITIC 21CN's principal activities comprise telecommunication and information value-added services, the provision of product identification, authentication and tracking system (PIATS), system integration and software development.

CITIC 21CN has three operating divisions: telecommunications/information valued-added services, the provision of product identification, authentication, tracking system (PIATS), and system integration and software development. Telecommunications/information value-added services provide telecommunications/information value-added services; PIATS business is an operation of a platform for PIATS, and system integration and software development provides system integration and software development.

CITIC 21CN's subsidiaries include CITIC 21CN Telecom Company Limited and CITIC 21CN (China) Technology Company Limited.

Alibaba Group and Yunfeng Capital acquired a 54.3% controlling stake in the company for HK$1.33 billion (US$171 million) in January 2014.[1][2] In September 2014, the company changed its name to AliHealth (Alibaba Health Information Technology Limited).[3]

References
  1. Chan, Ray; Yiu, Enoch; Yu, Sophie (25 January 2014). "Alibaba buys controlling stake in Citic 21CN". South China Morning Post. Retrieved 29 January 2019.
  2. Wang, Jasmine (23 January 2014). "Alibaba, Yunfeng to Buy Control of Citic 21CN for $171 Million". Bloomberg L.P. Retrieved 29 January 2019.
  3. "Company Overview of Alibaba Health Information Technology Limited". Bloomberg L.P. Retrieved 29 January 2019.
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