{"product_id":"citic-five-forces-analysis","title":"CITIC Porter's Five Forces Analysis","description":"\u003cdiv class=\"pr-shrt-dscr-wrapper orange\"\u003e\n\u003csection class=\"pr-shrt-dscr-box\"\u003e\n\u003cdiv class=\"pr-shrt-dscr-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Magnifier-Icon.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGo Beyond the Preview—Access the Full Strategic Report\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"pr-shrt-dscr-content\"\u003e\n\u003cp\u003eCITIC operates in a capital-intensive, state-linked sector where supplier leverage, regulatory oversight, and rivalry among diversified conglomerates shape strategic options; buyer power and substitutes vary by segment, creating pockets of margin resilience and risk. This brief snapshot only scratches the surface. Unlock the full Porter's Five Forces Analysis to explore CITIC’s competitive dynamics, market pressures, and strategic advantages in detail.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter green\"\u003eS\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003euppliers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper green\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eAccess to Low-Cost State-Directed Capital\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eAs a state-owned giant, CITIC Group gets preferential capital: by end-2025 CITIC had access to state-directed funding with implied lending spreads ~80–120bps below comparable private corporates, and intercompany liquidity lines exceeding CNY200bn, cutting suppliers’ bargaining leverage.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSpecialized Technology and AI Infrastructure Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eSpecialized chipmakers and cloud providers exert moderate supplier power over CITIC because high-end AI chips (NVIDIA H100 pricing ~US$25k in 2024 secondary markets) and hyperscale cloud capacity were tight—global AI accelerator demand grew ~68% in 2023–24 per IDC.\u003c\/p\u003e\n\u003cp\u003eCITIC reduces risk by diversifying vendors, contracting with at least three cloud suppliers across APAC, and investing in domestic chip R\u0026amp;D—China’s chip self-sufficiency target rose to ~80% for certain segments by 2025—cutting dependency.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eGlobal Commodity and Resource Feedstocks\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eFor its resources and energy division, CITIC faces suppliers of iron ore, crude oil, and rare minerals whose bargaining power rose in late 2025 as iron ore spot prices jumped ~28% year‑on‑year and Brent averaged $95\/bbl amid geopolitical strains.\u003c\/p\u003e\n\u003cp\u003eSupplier leverage fluctuates with shipping bottlenecks and trade curbs, but CITIC offsets this by signing long‑term offtake deals covering ~60% of annual needs and owning overseas mining assets that supply roughly 15% of its feedstock.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-green-section\"\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eHighly Skilled Professional Talent Pool\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eThe supply of specialists in financial engineering, data science, and advanced manufacturing is vital for CITIC’s operations; China’s demand for AI\/data scientists grew 35% year-over-year in 2024, tightening labor markets.\u003c\/p\u003e\n\u003cp\u003eCITIC’s state-backed brand and 2024 revenue of RMB 400+ billion strengthen hiring appeal, lowering individual bargaining power but requiring market-competitive pay to retain staff.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e2024 AI\/data scientist demand +35%\u003c\/li\u003e\n\u003cli\u003eCITIC 2024 revenue \u0026gt;RMB 400bn\u003c\/li\u003e\n\u003cli\u003eState backing reduces turnover risk\u003c\/li\u003e\n\u003cli\u003eCompetitive pay still essential\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-green-section4\"\u003e\n\u003cdiv class=\"title-row-green-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRegulatory and Compliance Service Providers\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-green-section blur_box\"\u003e\n\u003cp\u003eGovernment bodies and regulatory agencies are de facto suppliers of operating licenses across finance, logistics, and environmental domains, giving them absolute bargaining power over CITIC; noncompliance fines reached RMB 3.7 billion in China’s financial sector in 2024, raising stakes for group-wide compliance.\u003c\/p\u003e\n\u003cp\u003eCITIC keeps proactive engagement with regulators—aligning projects to the 14th Five-Year Plan and carbon targets—spending an estimated RMB 1.2 billion on compliance and ESG programs through 2025 to secure regulatory continuity.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eAbsolute supplier power: licensing, permits\u003c\/li\u003e\n\u003cli\u003eRMB 3.7bn fines benchmark (2024)\u003c\/li\u003e\n\u003cli\u003eRMB 1.2bn compliance\/ESG spend to 2025\u003c\/li\u003e\n\u003cli\u003eAlignment: 14th Five-Year Plan + carbon goals\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Suppliers-Box-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eMixed supplier power: state support \u0026amp; long‑term cover vs costly AI chips and tight markets\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eSupplier power is mixed: state backing and CNY200bn+ intercompany lines cut leverage, but specialized AI chips (NVIDIA H100 ~US$25k in 2024) and tight cloud\/human capital markets raise costs; long‑term offtakes cover ~60% needs and owned mines supply ~15%, while RMB1.2bn compliance spend mitigates regulator control.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eIntercompany liquidity\u003c\/td\u003e\n\u003ctd\u003eCNY200bn+\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eH100 price (2024)\u003c\/td\u003e\n\u003ctd\u003e~US$25k\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOfftake coverage\u003c\/td\u003e\n\u003ctd\u003e~60%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eOwned feedstock\u003c\/td\u003e\n\u003ctd\u003e~15%\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eCompliance spend to 2025\u003c\/td\u003e\n\u003ctd\u003eRMB1.2bn\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_orange\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-includes\"\u003e\n\u003ch2\u003eWhat is included in the product\u003c\/h2\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Word-Icon.svg\" alt=\"Word Icon\"\u003e\n\u003cstrong\u003eDetailed Word Document\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eUncovers key drivers of competition, customer influence, supplier power, entry barriers and substitute threats specific to CITIC, offering data-backed strategic commentary and editable insights for investor materials or internal strategy decks.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"plus-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Plus-Icon.svg\" alt=\"Plus Icon\"\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-includes\"\u003e\n\u003cdiv class=\"title-row-includes\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Excel-Icon.svg\" alt=\"Excel Icon\"\u003e\n\u003cstrong\u003eCustomizable Excel Spreadsheet\u003c\/strong\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-includes\"\u003e\n\u003cp\u003eA concise, one-sheet Porter's Five Forces summary for CITIC—instantly highlights competitive pressures and strategic levers for rapid decision-making.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-2_new_design\"\u003e\n\u003cdiv class=\"frst_big_letter_heading\"\u003e\n\u003ch2\u003e\n\u003cspan class=\"frst_big_letter_letter orange\"\u003eC\u003c\/span\u003e\u003cspan class=\"frst_big_letter_text\"\u003eustomers Bargaining Power\u003c\/span\u003e\n\u003c\/h2\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-wrapper orange\"\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eConsolidated Power of Institutional Clients\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eCITIC’s corporate banking and engineering contracting divisions serve mainly large institutional and government clients that hold strong bargaining power, often pushing for tailored financing and lower fees on big transactions; in 2024, top 50 clients accounted for roughly 38% of project revenues. CITIC counters this by bundling banking, construction, logistics, and advisory services—offering integrated deals single-sector rivals can’t match—helping protect margins on contracts averaging CN¥1.2bn.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003csection class=\"sub-highlight-box\"\u003e\n\u003cdiv class=\"sub-highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eRetail Consumer Price Sensitivity in Financial Services\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"sub-highlight-content\"\u003e\n\u003cp\u003eRetail consumers in banking and insurance now wield higher price power as comparison platforms cut search costs; by Q4 2025, 58% of Chinese retail savers reportedly compare deposit rates online and 42% shop insurance premiums digitally.\u003c\/p\u003e\n\u003cp\u003eCITIC faces loyalty pressures: UX and rate competitiveness drive retention, with average monthly digital churn up 8% in 2025 for peers. \u003c\/p\u003e\n\u003cp\u003eCITIC boosts its digital ecosystem—API banking, bundled products, and targeted yield promos—to raise stickiness and lower churn, aiming to cut digital attrition by 30% within 12 months.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-2_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Image.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eBuyer Leverage in the Real Estate Market\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eBuyer leverage in residential and commercial real estate stays high as China’s 2024 housing transaction volume fell 12% year-over-year and vacancy rates in Grade A offices hit 18% in major cities, so homeowners and corporate tenants demand higher quality and better financing. Buyers press for flexible mortgage terms and delivery guarantees; CITIC uses its state-backed reputation and 2024 net cash position (reported CNY 38.6bn) to win customers focused on project completion and long-term value.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"product-orange-section\"\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eSophistication of Wealth Management Investors\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cphigh-net-worth and retail clients in citic securities trust arms demand higher risk returns can reallocate assets quickly hnw investible wealth rose to raising switching risk. counters with exclusive global funds structured products tailored advisory teams fees above peers wealth-management fee drive outflows.\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003eHNW wealth +9.6% in 2024 to $11.8tr\u003c\/li\u003e\n\u003cli\u003eAverage WM fee ~0.65% (2024)\u003c\/li\u003e\n\u003cli\u003eClients shift for better returns or lower fees\u003c\/li\u003e\n\u003cli\u003eCITIC offers global funds, structured products, bespoke advice\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/phigh-net-worth\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"product-box-orange-section4\"\u003e\n\u003cdiv class=\"title-row-orange-section\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-2.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003ePublic Sector Influence in Infrastructure Projects\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"content-row-orange-section blur_box\"\u003e\n\u003cp\u003eGovernment clients steer timelines and payments for CITIC’s engineering and construction work, often enforcing low margins to meet national priorities; in 2024 public-sector projects made up about 62% of CITIC Construction revenue, pressuring margins toward mid-single digits.\u003c\/p\u003e\n\u003cp\u003eCITIC offsets this by shifting to high-value engineering segments—ports, terminals, and EPC contracts—where it reported a 14% gross margin in 2024 versus 7% in standard civil works, leveraging a 30+-year project track record to win repeat bids.\u003c\/p\u003e\n\u003cp\u003e\u003c\/p\u003e\n\u003cul class=\"lst_crct\"\u003e\n\u003cli\u003e62% public-project revenue (2024)\u003c\/li\u003e\n\u003cli\u003eMid-single-digit margins on typical govt contracts\u003c\/li\u003e\n\u003cli\u003e14% gross margin in high-value engineering (2024)\u003c\/li\u003e\n\u003cli\u003e30+ years track record aids bid success\u003c\/li\u003e\n\u003c\/ul\u003e\n\u003c\/div\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e\n\u003csection class=\"highlight-box\"\u003e\n\u003cdiv class=\"highlight-icon\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/5FORCES-Content-Customers-Cart-Icon-Color-1.svg\" alt=\"Icon\"\u003e\n\u003ch3\u003eCITIC fights client power with bundled services, high‑margin EPC and digital retention\u003c\/h3\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"highlight-content\"\u003e\n\u003cp\u003eCITIC’s customers hold strong bargaining power: top 50 clients ~38% of project revenue (2024), public projects 62% of construction revenue (2024), HNW investible wealth in China +9.6% to $11.8tr (2024) raising switching risk, and average WM fee ~0.65% (2024) vs peers—CITIC counters with bundled services, high‑margin EPC focus (14% gross margin, 2024) and digital retention measures targeting 30% cut in attrition.\u003c\/p\u003e\n\u003ctable class=\"tbl_prdct green_head blur_tbl\"\u003e\n\u003cthead\u003e\u003ctr\u003e\n\u003cth\u003eMetric\u003c\/th\u003e\n\u003cth\u003eValue (Year)\u003c\/th\u003e\n\u003c\/tr\u003e\u003c\/thead\u003e\n\u003ctbody\u003e\n\u003ctr\u003e\n\u003ctd\u003eTop-50 client share\u003c\/td\u003e\n\u003ctd\u003e~38% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003ePublic-project revenue\u003c\/td\u003e\n\u003ctd\u003e62% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eHNW investible wealth China\u003c\/td\u003e\n\u003ctd\u003e$11.8tr (+9.6%, 2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eAvg WM fee\u003c\/td\u003e\n\u003ctd\u003e0.65% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003ctr\u003e\n\u003ctd\u003eEPC gross margin\u003c\/td\u003e\n\u003ctd\u003e14% (2024)\u003c\/td\u003e\n\u003c\/tr\u003e\n\u003c\/tbody\u003e\n\u003c\/table\u003e\n\u003cbutton class=\"get_full_prdct_green\" onclick=\"get_full()\"\u003e\u003c\/button\u003e\n\u003c\/div\u003e\n\u003c\/section\u003e\n\u003cdiv class=\"container_new_design\"\u003e\n\u003cdiv class=\"text-section text-1_new_design\"\u003e\n\u003ch2\u003e\n\u003cspan style=\"color: #3BB77E;\"\u003eSame Document Delivered\u003c\/span\u003e\u003cbr\u003eCITIC Porter's Five Forces Analysis\u003c\/h2\u003e\n\u003cp\u003eThis preview shows the exact CITIC Porter's Five Forces analysis you'll receive immediately after purchase—no surprises, no placeholders. The document displayed here is the part of the full version you’ll get—fully formatted and ready for download and use the moment you buy. You're looking at the actual deliverable: once you complete your purchase, you’ll get instant access to this same, professionally written file. No mockups or samples—what you see is exactly what you'll be able to download.\u003c\/p\u003e\n\u003c\/div\u003e\n\u003cdiv class=\"image-section image-1_new_design\"\u003e\n\u003cimg src=\"\/cdn\/shop\/files\/GENERAL-Explore-Preview.svg\" alt=\"Explore a Preview\"\u003e\n\u003c\/div\u003e\n\u003c\/div\u003e","brand":"MatrixBCG","offers":[{"title":"Default Title","offer_id":56747439849849,"sku":"citic-five-forces-analysis","price":10.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0911\/3554\/1625\/files\/citic-five-forces-analysis.png?v=1772198507","url":"https:\/\/matrixbcg.com\/products\/citic-five-forces-analysis","provider":"MatrixBCG","version":"1.0","type":"link"}