Shanghai Municipal Investment Group
Shanghai Municipal Investment (Group) Corporation also known as Shanghai Chengtou (Chinese: 上海城投; pinyin: Shànghǎi Chéngtóu) or SMI is a Chinese sovereign wealth fund of Shanghai Municipal Government. It is one of the major shareholders of Greenland Holdings (for 20.55% shares), as well as another listed company Shanghai SMI Holding (SSE: 600649). The group owned a minority interest (33.43% stake) in Shentong Metro Group.
| Formerly | Chinese: 上海市城市建设投资开发总公司 |
|---|---|
| Type | state-owned enterprise |
| Industry |
|
| Founded | 21 July 1992 |
| Founder | Shanghai Municipal Government |
| Headquarters | Shanghai , China |
Key people | Jiang Shujie (Chairman & Party Committee Secretary)[1] |
| Products |
|
| Revenue |  CN¥23.905 billion (2016) |
 CN¥3.298 billion (2016) | |
| CN¥1.840 billion (2016) | |
| Total assets | CN¥515.176 billion (2016) |
| Total equity | CN¥219.076 billion (2016) |
| Owner | Shanghai Municipal Government (100%) |
| Parent | Shanghai SASAC |
| Subsidiaries | SMI Holding (46.46%)[2] |
| Website | www |
| Footnotes / references in consolidated financial statement[3] | |
| Shanghai Municipal Investment (Group) Corporation | |||||||
|---|---|---|---|---|---|---|---|
| Simplified Chinese | 上海城投（集团）有限公司 | ||||||
| Literal meaning | Shanghai Municipal Investment (Group) Co., Ltd. | ||||||
| |||||||
| Shanghai Chengtou | |||||||
| Simplified Chinese | 上海城投 | ||||||
| Literal meaning | Shanghai Municipal Investment | ||||||
| |||||||
The group is the investor of Shanghai Yangtze River Bridge, under a subsidiary (Chinese: 上海城投公路投资集团)[3][4] for 60% stake directly[5] and 40% indirectly (via Chinese: 上海公路建设).[6]
SMI Holding was a constituent of SSE 180 Index[7] and its sub-index SSE MidCap Index.
Subsidiaries
- As of 31 December 2016
- Shanghai SMI Holding (46.46%)[2]
- Chinese: 上海城投公路投资集团; lit. 'SMI Road Investment Group' (100%)[3]
- Shanghai Yangtze River Tunnel and Bridge Construction and Development (100%)
- Chinese: 上海公路建设; lit. 'Shanghai Road Construction' (100%)[3]
- Shanghai SMI Water Group[8] (Chinese: 上海城投水务集团) (100%)[3]
- Shanghai SMI Assets Group[9] (Chinese: 上海城投资产管理集团) (100%)[3]
- Chinese: 上海前卫实业 (100%)[3]
- Shanghai SMI Environmental Industry[10] (Chinese: 上海环境实业) (100%)[3]
- Chinese: 上海中心大厦建设发展; lit. 'Shanghai Tower Construction & Development' (51%)[3]
- Shanghai Laogang Waste Utilization[11] (Chinese: 上海老港固废综合开发) (100%)[3]
- Chinese: 上海长兴岛开发建设; lit. 'Changxing Island Development & Construction' (100%)[3]
- Chinese: 上海城投环保产业投资管理 (100%)[3]
- Chinese: 上海城投航道建设 (100%)[3]
- SMI USA, a U.S. subsidiary[12]
Equity interests
- As of 31 December 2016
- Bright Food (22.06%)[3]
- Greenland Holdings (20.55%)
- Shentong Metro Group (33.43%)
- Shanghai Shentong Metro Co., Ltd. (1.75% via SMI Holding, excluding shares owned by Shentong Metro Group)[2]
- Western Securities (15.09% via SMI Holding)[2]
References
- "上海城投领导班子调整 蒋曙杰任党委书记、董事长". 东方网 (in Chinese). re-published by Sina. 19 April 2017. Retrieved 30 August 2017.
- "2017 Half-yearly Report" (PDF) (in Chinese). SMI Holding. 31 August 2017. Retrieved 31 August 2017.
- "2016 Annual Report" (in Chinese). Shanghai Municipal Investment Group. 25 April 2017. Retrieved 30 August 2017.
- "G40公路长江大桥钢桥面铺装维修工程第一阶段顺利完工". 看看新闻 (in Chinese). re-published by Sina. 10 August 2017. Retrieved 30 August 2017.
- http://stock.finance.sina.com.cn/bond/view/announcement_show.php?id=506905676&att==1
- "上海长江隧桥建设发展有限公司" [Shanghai Yangtze River Tunnel and Bridge Construction and Development Co., Ltd.] (in Chinese). 上海市精神文明建设委员会办公室. Retrieved 30 August 2017.
- http://www.sse.com.cn/assortment/stock/list/info/company/index.shtml?COMPANY_CODE=600649
- http://www.shanghaiwater.com
- http://www.smi-assets.com
- http://www.hjshy.com
- http://www.laogang-development.com
- O'Connell, Jonathan; Fahrenthold, David A. (July 5, 2018). "As tariffs near, Trump's business empire retains ties to China". The Washington Post. Archived from the original on August 18, 2018.
External links
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