Shanghai International Group Co., Ltd. (SIG) was founded on April 20, 2000, with a registered capital of RMB 10.56 billion yuan.
[1] SIG performs three major functions, namely, investment holding, capital operation, and state-owned assets management.
SIG owns stakes in several financial institutions including Shanghai Pudong Development Bank, Guotai Junan Securities Co, Hua An Fund Management Co and China International Fund Management Co Ltd.[2] Ever since its establishment, SIG has been expanding its territory in financial investment.
For example, SIG becomes the largest shareholder of Shanghai Pudong Development Bank Co., Ltd., Shanghai Rural Commercial Bank Co., Ltd., Guotai Junan Securities Co., Ltd., Anxin Agricultural Insurance Co., Ltd., Dazhong Insurance Co., Ltd. and other companies.
At the same time, SIG set up Sailing Capital Management Co., Ltd., a company raised and run Sailing International Investment Fund; established GP Capital Co., Ltd., a company raised and run Shanghai Financial Sector Investment Fund with the approval of the State Council of the People's Republic of China; incorporated Shanghai Guohe Modern Service Industry Equity Investment Management Co., Ltd., a company raised and run Shanghai Guohe Modern Service Industry Private Equity Fund., and incorporated Shanghai Real Power Capital Co., Ltd., a company raised and run Shanghai Real Power Emerging Industry Investment Fund.