Starting as Shanghai Trust & Investment Co., Ltd. (later renamed as Shanghai International Trust & Investment Co., Ltd.) in 1981, Shanghai International Group (SIG) was incorporated in April, 2000. SIG has been resolute in implementing the major decisions made by the CPC Shanghai Municipal Committee and Shanghai Municipal Government, and instructions of Shanghai State-owned Assets Supervision and Administration Commission. By actively serving the major strategies of the city and the country, SIG lays focus on core businesses including financial holding, investment & asset management and state - owned capital operation . Committed to a professional, market- oriented, international and law-based approach, SIG will deepen the functions of the state-owned capital platform, intensify its reform and innovation, strengthen the leading role, control power and competitiveness of state-owned capital and constantly open up new chapter of high-quality development.
The registered capital of SIG is RMB 30 billion. As of the end of 2022, its total assets stood at RMB 232.5 billion, net assets reached RMB 164.1 billion, and its asset-liability ratio was 29.5%. Its corporate credit rating and the credit rating of open market bonds remained the highest triple-A rating. In 2022, the total profit of SIG reached RMB 7.1 billion. In 2022, SIG ranked first in the list of "Top 10 of Overall High-quality Development Evaluation for State-owned Capital Operation Companies" released by Southern Financial Think Tank, and was rewarded as "Top 10 of China's Best Institutional Investors" in 2021 by Chinese Venture.
SIG holds 60% of local state-owned rights and interests of municipal financial institutions. It is the largest shareholder of Shanghai Pudong Development Bank Co., Ltd., Guotai Junan Securities Co., Ltd., and Shanghai Rural Commercial Bank Co., Ltd., as well as a major shareholder of China Pacific Insurance (Group) Co., Ltd. It participated in launching financial and property factor markets such as Shanghai Insurance Exchange Co., Ltd., Shanghai Commercial Paper Exchange and Shanghai Data Exchange Co., Ltd. Focusing on major strategies including the development of Shanghai as an international financial center, the science and innovation center, and the development of regional integration in the Yangtze River Delta, SIG has created five industrial fund brands, including GP Capital, Guohe Capital, Sailing Capital, Shanghai Sci-Tech Innovation Center Capital and Growth FOF, with a total asset under management exceeding RMB 140 billion . More than 100 science and technology innovation enterprises invested by its funds have been successfully listed on the stock market at home and abroad, giving full play to the leading and driving role of state-owned capital in improving industrial competitiveness and promoting the development of emerging industries.
In the future, SIG will further promote the dual-engine development strategy of state-owned capital operation and investment management led by the development of financial holding group . It will actively build a leading financial holding group and state- owned capital investment operation platform in China with important strategic functions, international vision and visibility, thus making new and greater contributions to accelerating the development of Shanghai into a modern socialist international metropolis with world influence, as well as to creating a new miracle of development in the new era!