Shanghai Municipal Investment (Group) Corporation also known as Shanghai Chengtou () or SMI is a Chinese

sovereign wealth fund A sovereign wealth fund (SWF), or sovereign investment fund, is a state-owned investment fund that invests in real and financial assets such as stocks, Bond (finance), bonds, real estate, precious metals, or in alternative investments such as ...

of the

Shanghai Municipal People's Government The Shanghai Municipal People's Government is the local administrative agency of Shanghai. It is officially elected by the Shanghai Municipal People's Congress and is formally responsible to the SMPC and its Standing Committee. The municipal gove ...

. It is one of the major shareholders of

Greenland Holdings Greenland Holdings Corp., Ltd. known as Greenland Group is a Chinese real estate developer. It was founded as a state-owned enterprise. , the top 10 shareholders of the listed company owned a combined 88% shares, with some state-owned enterprises ...

(for 20.55% shares), as well as another listed company Shanghai SMI Holding (). The group owned a minority interest (33.43% stake) in

Shentong Metro Group Shanghai Shentong Metro Group Co., Ltd. known as Shentong Metro Group is the operator of the Shanghai Metro and Shanghai Maglev, as well as the parent company of the listed company Shanghai Shentong Metro Co., Ltd. It is currently responsible fo ...

. The group is the investor of Shanghai Yangtze River Bridge, under a subsidiary () for 60% stake directly and 40% indirectly (via ). SMI Holding was a constituent of

SSE 180 Index SSE 180 Index is the stock index of Shanghai Stock Exchange, representing the top 180 companies by "float-adjusted" capitalization and other criteria. SSE 180 is a sub-index of SSE Composite Index, the latter included all shares of the exchange. ...

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 The People's Liberation Army (PLA) is the military of the Chinese Communist Party (CCP) and the People's Republic of China (PRC). It consists of four Military branch, services—People's Liberation Army Ground Force, Ground Force, People's ...

's Shanghai garrison.

Subsidiaries

* Shanghai SMI Holding (46.46%) * (100%) **

Shanghai Yangtze River Tunnel and Bridge The Shanghai Yangtze River Tunnel and Bridge is a bridge–tunnel complex across the south fork of the Yangtze River near the river mouth in Shanghai. The tunnel connects the Pudong District of Shanghai on the south bank of the river with Cha ...

Construction and Development (100%) ** (100%) * Shanghai SMI Water Group () (100%) * Shanghai SMI Assets Group () (100%) * (100%) * Shanghai SMI Environmental Industry () (100%) * (51%) * Shanghai Laogang Waste Utilization () (100%) * (100%) * (100%) * (100%) * SMI USA, a U.S. subsidiary

Equity interests

Bright Food Bright Food (officially Bright Food (Group) Co., Ltd.) is a Chinese multinational food and beverage manufacturing company headquartered in Shanghai. It is the second-largest Chinese food manufacturing company measured by 2011 revenues. The compa ...

(22.06%) *

(20.55%) *

(33.43%) ** Shanghai Shentong Metro Co., Ltd. (1.75% via SMI Holding, excluding shares owned by Shentong Metro Group) * Western Securities (15.09% via SMI Holding)

References

External links

* {{official website Chinese companies established in 1992 Companies based in Shanghai Companies owned by provincial governments of China Sovereign wealth funds Transport in Shanghai Real estate companies of China 1992 establishments in Shanghai

Subsidiaries

Equity interests

See also

References

External links