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13th December, 2011, the opening ceremony of CITIC HIC Brazilian Office was held in Belo Horizonte, Brazil. Vale, JAGUAR MINING,SAMARCO,USIMINAS,MMX and about 60 other companies were invited to attend the ceremony and witness the important moment.
Mr. Yu Zhangfa, Vice President of CITIC Heavy Industries, pointed out in his address that CITIC Brazil is another important overseas subsidiary of CITIC Heavy Industries after CITIC HIC Australian Office and the successfully acquired Spanish Plant.
During the ceremony, representatives of Bank of China and China-Brazil International Chamber all came to say congratulations.



