Their last majority shareholder was Chinese property developers of shopping centers Renhe Commercial Holdings Company Limited.

Throughout the club's history their greatest achievement has been winning the 2013 Chinese FA Cup while the highest position they have ever finished was second within the 2003 season.

[3] Under the ownership of Shanghai Yungtay Engineering and COSCO Real Estate, the club rebranded themselves with a new blue and white striped football kit.

[4] On 13 June 2012, it was discovered by the police the real reason the team lost the 2003 title was because the club's players Shen Si, Qi Hong, Jiang Jin and Li Ming took a bribe from former Tianjin TEDA general manager Yang Yifeng to lose their 30 November 2003 game, which saw all offending participants fined and jailed for their crimes.

At the beginning of the 2010 season, Dai Yongge and the Renhe Commercial Holdings Company started to invest heavily within the club.

This would see the club bring in Chinese internationals Sun Jihai, Zhao Xuri, Qu Bo and Mao Jianqing into the team.

After a poor string of results, Slobodan Santrač was fired and former Chinese international manager Gao Hongbo came into the club while it languished in mid-table throughout much of the 2011 season.

[8] The 2012 season saw Guizhou have a successful year, with the club achieving fourth place and gaining entry into its first AFC Champions League.

On 9 March 2002 the first top-flight city derby became a reality when they met in a league game, which saw the club win 2–0 away to Shenhua in front of a sold out Hongkou Football Stadium.

[18] Shenhua would retrospectively lose their title while the club owners decided it was financially unviable to remain in Shanghai and relocated their team to Xi'an, which effectively ended the rivalry.