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Shanghai International 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 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 operationsIn 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] FootballThe 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 investmentsShanghai 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
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