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 the Shanghai Municipal People's 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.

Shanghai Municipal Investment Group
FormerlyChinese: 上海市城市建设投资开发总公司
TypeState-owned enterprise
Industry
  • Real Estate
  • infrastructure
Founded21 July 1992 (1992-07-21)
FounderShanghai Municipal People's Government
Headquarters
Shanghai
,
China
Key people
Jiang Shujie (Chairman & Party Committee Secretary)[1]
Products
  • commercial property
  • toll road
  • water supply
OwnerShanghai Municipal People's Government (100%)
ParentShanghai SASAC
SubsidiariesSMI Holding (46.46%)[2]
Websitewww.smi-co.com
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 meaningShanghai Municipal Investment (Group) Co., Ltd.
Shanghai Chengtou
Simplified Chinese上海城投
Literal meaningShanghai 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. In 2023, the Shanghai Municipal Investment Group announced that an internal People’s Armed Forces department would be established in the company and run by the People's Liberation Army's Shanghai garrison.[8]

Subsidiaries
As of 31 December 2016

Equity interests
As of 31 December 2016

See also

References
  1. "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. Archived from the original on 31 August 2017. Retrieved 30 August 2017.
  2. "2017 Half-yearly Report" (PDF) (in Chinese). SMI Holding. 31 August 2017. Archived (PDF) from the original on 31 August 2017. Retrieved 31 August 2017.
  3. "2016 Annual Report" (in Chinese). Shanghai Municipal Investment Group. 25 April 2017. Archived from the original on 31 August 2017. Retrieved 30 August 2017.
  4. "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. Archived from the original on 31 August 2017. Retrieved 30 August 2017.
  5. "Archived copy". Archived from the original on 2017-08-31. Retrieved 2017-08-30.{{cite web}}: CS1 maint: archived copy as title (link)
  6. "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. Archived from the original on 30 August 2017. Retrieved 30 August 2017.
  7. "公司概况 | 上海证券交易所". Archived from the original on 2017-08-31. Retrieved 2017-08-30.
  8. "Big Chinese state-owned enterprises setting up army-linked militias". Radio Free Asia. October 3, 2023. Archived from the original on 2023-10-06. Retrieved 2023-10-07.
  9. "Home". shanghaiwater.com. Archived from the original on 2023-10-06. Retrieved 2023-10-07.
  10. "Home". smi-assets.com. Archived from the original on 2017-08-31. Retrieved 2023-10-07.
  11. "Archived copy". Archived from the original on 2014-12-19. Retrieved 2022-07-17.{{cite web}}: CS1 maint: archived copy as title (link)
  12. "Home". laogang-development.com. Archived from the original on 2022-03-07. Retrieved 2023-10-07.
  13. 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.
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