Shanghai Jiushi Group
Formerly | Shanghai Jiushi Corporation |
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Company type | state-owned enterprise |
Industry | holding company |
Founded | 12 December 1987 (1987-12-12) |
Founder | Shanghai Municipal People's Government |
Headquarters | Shanghai , China |
Area served | Shanghai |
Revenue | ![]() |
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Net income | ![]() |
Total assets | ![]() |
Total equity | ![]() |
Owner | Shanghai Government (100%) |
Parent | Shanghai SASAC |
Website | www |
Footnotes / references in a consolidated basis[1] |
Shanghai Jiushi (Group) Co., Ltd. | |||||||
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Simplified Chinese | 上海久事(集团)有限公司 | ||||||
Traditional Chinese | 上海久事(集團)有限公司 | ||||||
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Shanghai Jiushi | |||||||
Simplified Chinese | 上海久事 | ||||||
Traditional Chinese | 上海久事 | ||||||
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Jiushi Group | |||||||
Simplified Chinese | 久事集团 | ||||||
Traditional Chinese | 久事集團 | ||||||
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Shanghai Jiushi (Group) Co., Ltd. is a Chinese state-owned enterprise. It was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of Shanghai Municipal People's Government.
Jiushi is the parent of several public transport companies of Shanghai, including the operator of Shanghai Public Transport Card, as well as equity investments in several listed companies based in Shanghai. The company also has a subsidiary that was the organizer of Chinese Grand Prix which was held in Shanghai International Circuit.[2]
History
In 1986, Shanghai Government was allowed to use a maximum of US$3.2 billion foreign currencies through borrowings[3] which was the catalyst of establishing Shanghai Jiushi Corporation (Chinese: 上海久事公司). According to the company, the name 久事; Jiǔshì had the same pronunciation of 94 (pinyin: Jiǔsì), which was the issue number of the document of the State Council regarding the use of such foreign currencies.[4] The company was incorporated on 12 December 1987 under the Law on Industrial Enterprises Owned by the Whole People (Chinese: 全民所有制工业企业法). The Company Law of China was legislated in 1993.
Jiushi Group used the fund in Shanghai Metro, as well as other projects such as the renovation of Shanghai Hongqiao Airport.[5]
In 2015 the company was re-incorporated as Shanghai Jiushi (Group) Co., Ltd., under the Company Law of China.[6]
Subsidiaries
- As of 31 January 2018[1]
- Shanghai Jiushi Public Transportation Group [zh] (Former Ba-shi (Group), 100%)
- Shanghai Shen-Tie Investment (99.72%)
- Shanghai Shentong Metro Group (66.57%)
- Shanghai Shentong Metro (SSE: 600834, 58.43%)
- Qiangsheng Holding (SSE: 600662, 48.00%)
- Shanghai International Circuit (92%)[7]
- Shanghai Transportation Investment (Group) Ltd
- Shanghai New Union Building Co., Ltd.
- Shanghai Jiushi Properties Co., Ltd.
- Shanghai Jiushi Investment Management Co., Ltd.
This list is incomplete; you can help by adding missing items. (October 2016) |
Equity investments
- As of 31 December 2015[1]
- China Pacific Insurance Company (2.77%)[8]
- Shanghai International Port Group (0.40%)[9]
This list is incomplete; you can help by adding missing items. (October 2016) |
See also
- Shanghai Construction Group, fellow city-owned enterprise
- Shanghai Municipal Investment Group, fellow city-owned enterprise
References
- ^ a b c 2015年年度报告 [2015 Annual Report] (in Chinese (China)). Shanghai Jiushi Group. 29 April 2016 – via chinamoney.com.cn. [dead link]
- ^ "About us" (in Chinese). Shanghai Jiushi Group. Archived from the original on 21 October 2016. Retrieved 21 October 2016.
- ^ 国务院关于上海市扩大利用外资规模的批复. 国函 (in Chinese (China)). 1986 (94). Beijing: 中华人民共和国国务院 [State Council of the People's Republic of China]. 5 August 1986 [digital version published on 31 December 2012]. Archived from the original on 22 October 2016. Retrieved 21 October 2016.
- ^ 集团简介 [about us] (in Chinese (China)). Shanghai Jiushi Group. Archived from the original on 14 November 2018. Retrieved 13 November 2018.
- ^ 上海首创扩大利用外资建设城市. 新民晚报 (in Chinese (China)). 17 October 2018. Archived from the original on 21 April 2021. Retrieved 18 November 2018 – via chinanews.com.
- ^ 上海久事(集团)有限公司举行揭牌仪式 (Press release) (in Chinese (China)). Shanghai: Shanghai Jiushi Group. 1 December 2015. Archived from the original on 22 October 2016. Retrieved 21 October 2016.
- ^ 股东单位介绍 (in Chinese). Shanghai International Circuit. Archived from the original on 25 October 2016. Retrieved 25 October 2016.
- ^ 2015 Annual Report (PDF). China Pacific Insurance Company. 27 April 2016. Archived (PDF) from the original on 21 October 2016. Retrieved 20 October 2016 – via Hong Kong Exchanges and Clearing website.
- ^ 2015年年度报告 [2015 Annual Report] (PDF) (in Chinese (China)). Shanghai International Port Group. 29 March 2016. Archived (PDF) from the original on 22 October 2016. Retrieved 21 October 2016 – via Shanghai Stock Exchange website.
External links
- Official website
(in Chinese)