Shanghai International Port (Group) Co., Ltd.
TypePublic
IndustryPort operations and management
Founded2003
Headquarters
Shanghai
,
China
Area served
China
Key people
Gu Jinshan (chairman)
Revenue38,042,540,000 renminbi (2018) Edit this on Wikidata
OwnerShanghai Government (61.07%)
Chinese name
Simplified Chinese上海国际港务（集团）股份有限公司
Traditional Chinese上海國際港務（集團）股份有限公司
Hanyu PinyinShànghǎi Guójì Gǎngwù (Jítuán) Gǔfèn Yǒuxiàn Gōngsī
short name
Simplified Chinese上港集团
Traditional Chinese上港集團
Hanyu PinyinShànggǎng Jítuán
Literal meaningshang[hai]-port group
Websitewww.portshanghai.com.cn

Shanghai International Port (Group) Co., Ltd. (SIPG) is the exclusive operator of all the public terminals in the Port of Shanghai. It is a component of SSE 180 Index[1] as well as CSI 300 Index and sub-index CSI 100 Index.[2]

Its headquarters are located in SIPG Cruise City, Hongkou District, Shanghai, but the registered address is located in the Shanghai Free-Trade Zone, Pudong District, Shanghai.[3]

Overseas operations

In 2015, SIPG won the bid for the concession to operate the port of Haifa's new Bay Terminal in Israel for 25 years starting in 2021.[4]

Football

The company owns and operates the professional football club Shanghai Port. In 2018, they became the Chinese national champions by winning the 2018 edition of the Chinese Super League.[5]

Equity investments

Shanghai International Port is one of the major shareholders of the Bank of Shanghai.[6][7]

SIPG is also a cornerstone investor of the Postal Savings Bank of China (PSBC) on the eve of PSBC's H share IPO.[8] As of 31 December 2019, SIPG still owned PSBC's A and H ordinary shares directly or indirectly: 16.87% of all H ordinary shares of the bank, or equivalent to 3.89% of all classes of the ordinary shares, as well as 0.17% of A ordinary shares, or equivalent to 0.13% of all classes of the ordinary shares.[9]

SIPG also partnered with COSCO Shipping to acquire the stake of OOIL, the parent company of OOCL.

References

  1. ↑ "公司概况" (in Chinese). Shanghai Stock Exchange. Retrieved July 19, 2017.
  2. ↑ "成份列表" (in Chinese). China Securities Index. Retrieved July 19, 2017.
  3. ↑ 上海国际港务（集团）股份有限公司600018 (in Chinese (China)). Shanghai Stock Exchange. Retrieved November 29, 2020.
  4. ↑ Avi Bar-Eli (March 24, 2015). "Chinese company to run new Haifa port". Haaretz.com. Retrieved November 29, 2020.
  5. ↑ "Shanghai SIPG win first CSL title". the-afc.com. November 8, 2018. Retrieved January 27, 2021.
  6. ↑ 2015 Annual Report (PDF) (Report) (in Chinese (China)). Bank of Shanghai. September 23, 2016. Retrieved November 11, 2016.
  7. ↑ 上港集团增持上海银行292.5万股. Shanghai Securities News (in Chinese (China)). August 1, 2019. Retrieved November 29, 2020.
  8. ↑ "SIPG raises $1 bln in bonds exchangeable into China Postal Bank shares-IFR". Reuters.com. July 27, 2017. Retrieved November 29, 2020.
  9. ↑ 2019年度報告 (H股) [2019 Annual Report (H share)] (PDF) (Report) (in Chinese (Hong Kong)). Postal Savings Bank of China. April 23, 2020. p. 119. Retrieved November 29, 2020.
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