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Shanghai International Port Group

Chinese government owned port operator

Summary

Chinese government owned port operator

Field	Value
name	Shanghai International Port (Group) Co., Ltd.
logo	Shanghai International Port (logo).png
logo_size	230px
type	Public; state-owned
traded_as
foundation	2003
location_city	Shanghai
location_country	China
key_people	Gu Jinshan (chairman)
area_served	China
industry	Port operations and management
owner	Shanghai Government (61.07%)
homepage
module	{{Chinese
child	yes
order	st
showflag	p
s	上海国际港务（集团）股份有限公司
t	上海國際港務（集團）股份有限公司
p	Shànghǎi Guójì Gǎngwù (Jítuán) Gǔfèn Yǒuxiàn Gōngsī
altname	short name
s2	上港集团
t2	上港集團
p2	Shànggǎng Jítuán
l2	shang[hai]-port group

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

Its headquarters are located in , Hongkou District, Shanghai, but the registered address is located in the Shanghai Free-Trade Zone, Pudong District, Shanghai.

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.

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.

Equity investments

Shanghai International Port is one of the major shareholders of the Bank of Shanghai.

SIPG is also a cornerstone investor of the Postal Savings Bank of China (PSBC) on the eve of PSBC's H share IPO. 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.

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

References

"公司概况". Shanghai Stock Exchange.
"成份列表". China Securities Index.
link. Shanghai Stock Exchange
Avi Bar-Eli. (March 24, 2015). "Chinese company to run new Haifa port".
(8 November 2018). "Shanghai SIPG win first CSL title".
(September 23, 2016). "2015 Annual Report". Bank of Shanghai.
link. (August 1, 2019)
(July 27, 2017). "SIPG raises $1 bln in bonds exchangeable into China Postal Bank shares-IFR".
{{cite report. link. (April 23, 2020). Postal Savings Bank of China

Wikipedia Source

This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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