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[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.
External links
References
- 公司概况 Shanghai Stock Exchange, retrieved 19 July 2017^
- 成份列表 China Securities Index, retrieved 19 July 2017^
- http://www.sse.com.cn/assortment/stock/list/info/company/index.shtml?COMPANY_CODE=600018 Shanghai Stock Exchange, retrieved November 29, 2020^
- Avi Bar-Eli. Chinese company to run new Haifa port Haaretz.com, March 24, 2015, retrieved November 29, 2020^
- Shanghai SIPG win first CSL title the-afc.com, 8 November 2018, retrieved 27 January 2021^
- 2015 Annual Report Bank of Shanghai, September 23, 2016, retrieved November 11, 2016^
- http://news.cnstock.com/news,bwkx-201908-4410380.htm Shanghai Securities News, August 1, 2019, retrieved November 29, 2020^
- SIPG raises $1 bln in bonds exchangeable into China Postal Bank shares-IFR Reuters.com, July 27, 2017, retrieved November 29, 2020^
- http://www.psbc.com/data/tosend/resource/upload/2019nb-c.pdf Postal Savings Bank of China, April 23, 2020, retrieved November 29, 2020^