Shanghai Jiushi Group
Formerly called | Shanghai Jiushi Corporation |
|---|---|
| state-owned enterprise | |
| Industry | holding company |
| Founded | 12 December 1987 |
| Founder | Shanghai Government |
| Headquarters | Shanghai, China |
Area served | Shanghai |
| Revenue |
 CN¥18.6 billion (2015) |
|
(CN¥14.9 billion) (2015) | |
| Profit |
 CN¥559.0 million (2015) |
| Total assets |
CN¥405.1 billion (2015) |
| Total equity |
CN¥132.6 billion (2015) |
| Owner | Shanghai Government (100%) |
| Parent | Shanghai SASAC |
| Website | jiushi.com.cn |
|
Footnotes / references in a consolidated basis[1] | |
| Shanghai Jiushi (Group) Co., Ltd. | |||||||
| Simplified Chinese | 上海久事(集团)有限公司 | ||||||
|---|---|---|---|---|---|---|---|
| Traditional Chinese | 上海久事(集團)有限公司 | ||||||
| |||||||
| Shanghai Jiushi | |||||||
| Simplified Chinese | 上海久事 | ||||||
| Traditional Chinese | 上海久事 | ||||||
| |||||||
| Jiushi Group | |||||||
| Simplified Chinese | 久事集团 | ||||||
| Traditional Chinese | 久事集團 | ||||||
| |||||||
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 the Government of Shanghai City.
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 US$3.2 billion foreign reserve as investment,[3] which was the catalyst of establishing Shanghai Jiushi Corporation (Chinese: 上海久事公司), which was incorporated on 12 December 1987. The corporation was established under the Law on Industrial Enterprises Owned by the Whole People (Chinese: 全民所有制工业企业法). (The legislation of the Company Law of China was in 1993).
In 2015 the company was re-incorporated as Shanghai Jiushi (Group) Co., Ltd., under the Company Law of China.[4]
Subsidiaries
- As of 31 December 2015
- Shanghai Bus Public Transportation Group (100%)
- Shanghai She-Tie Investment (99.72%)
- Shanghai Shentong Metro Group (66.57%)
- Qiangsheng Holding (SSE: 600662, 48.00%)
- Shanghai International Circuit (92%)[5]
Equity investments
- As of 31 December 2015
- China Pacific Insurance Group (SSE: 601601, 2.77%)[6]
- Shanghai International Port Group (SSE: 600018, 0.40%)[7]
References
- ↑ "2015 Annual Report". Shanghai Jiushi Group (in Chinese). archive of chinamoney.com.cn. 29 April 2016.
- ↑ "About us" (in Chinese). Shanghai Jiushi Group. Retrieved 21 October 2016.
- ↑ "国函(1986)94号:国务院关于上海市扩大利用外资规模的批复" (in Chinese). General Office of the State Council. 5 August 1986. Retrieved 21 October 2016.
- ↑ "上海久事（集团）有限公司举行揭牌仪式" (in Chinese). Shanghai Jiushi Group. 1 December 2015. Retrieved 21 October 2016.
- ↑ "股东单位介绍" (in Chinese). Shanghai International Circuit. Retrieved 25 October 2016.
- ↑ "2015 Annual Report" (PDF). China Pacific Insurance Group. archive of Hong Kong Stock Exchange. 27 April 2016. Retrieved 20 October 2016.
- ↑ "2015 Annual Report" (PDF). Shanghai International Port Group (in Chinese). archive of Shanghai Stock Exchange. 29 March 2016. Retrieved 21 October 2016.
External links
- Official website (Chinese)