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Shanghai Jiushi Group

Shanghai Jiushi Group
Formerly called
 Shanghai Jiushi Corporation
state-owned enterprise
Industry holding company
Founded 12 December 1987 (1987-12-12)
Founder Shanghai Government
Headquarters Shanghai, China
Area served
 Shanghai
Revenue SteadyCN¥18.6 billion (2015)
Steady(CN¥14.9 billion) (2015)
Profit Increase CN¥559.0 million (2015)
Total assets Increase CN¥405.1 billion (2015)
Total equity Increase CN¥132.6 billion (2015)
Owner Shanghai Government (100%)
Parent Shanghai SASAC
Website jiushi.com.cn
Footnotes / references
in a consolidated basis
Shanghai Jiushi (Group) Co., Ltd.
Simplified Chinese 上海久事(集团)有限公司
Traditional Chinese 上海久事(集團)有限公司
Shanghai Jiushi
Simplified Chinese 上海久事
Traditional Chinese 上海久事
Jiushi Group
Simplified Chinese 久事集团
Traditional Chinese 久事集團

Shanghai Jiushi (Group) Co., Ltd. is a Chinese state-owned enterprise. It was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of the Government of Shanghai City ().

Jiushi is the parent of several public transport companies of Shanghai, including the operator of Shanghai Public Transport Card, as well as equity investments in several listed companies based in Shanghai. The company also has a subsidiary that was the organizer of Chinese Grand Prix which was held in Shanghai International Circuit.

In 1986, Shanghai Government was allowed to use US$3.2 billion foreign reserve as investment, which was the catalyst of establishing Shanghai Jiushi Corporation (Chinese: 上海久事公司), which was incorporated on 12 December 1987. The corporation was established under the Law on Industrial Enterprises Owned by the Whole People (Chinese: 全民所有制工业企业法). (The legislation of the Company Law of China was in 1993).

In 2015 the company was re-incorporated as Shanghai Jiushi (Group) Co., Ltd., under the Company Law of China.


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