China Merchants Group
China Merchants Group (招商局集团, Zhaoshangju Jituan) is a state owned corporation of People's Republic of China. It is the major share holder of China Merchants Holdings (International) (55.4%) as well as China Merchants Bank (18%). The Company headquarters is located on the top floor of China Merchants Tower, Shun Tak Centre, Hong Kong.[1]
The company currently owns:
- China Merchants Holdings (International) (SEHK: 0144) (55.4%)
- China Merchants Holdings (Pacific) (SGX: C22) (CMHI holds 78.41%)
- China Nanshan Development (Group) Corporation (CMHI holds 37% as major shareholder, government is the ultimate shareholder)
- Shekou Container Terminals Limited (CMHI holds 80% directly, 20% holds by Modern Terminals Limited)
- Modern Terminals Limited (CMHI holds 27% as 2nd largest shareholder)
- China Merchants Shekou Industrial Zone Co. Ltd. (wholly subsidiary)
- China Merchants Technology (100% owned)
- China Merchants Energy Shipping(SSE: 601872) (54.1%)
- Hong Kong Ming Wah Shipping (wholly subsidiary of CM Energy Shipping)
- Hua Jiang Transportation Economic Development Center (wholly subsidiary)
- China Merchants Fiancee Holdings (wholly subsidiary)
- China Merchants Industry Holdings (wholly subsidiary)
- Hoi Tung Marine Machinery Suppliers (wholly subsidiary)
- China Communications Import & Export Corporation (wholly subsidiary)
- China Merchants Chongqing Communications Research & Design Institute Co., Ltd. (wholly subsidiary)
- China Merchants Zhangzhou Development Zone (78%)
- China Merchants Securities (51.72%)
- Hua Bei Expressway
- International Marine Containers (Group) Ltd.
- This list is incomplete; you can help by expanding it.
History
China Merchants' Steam Navigation Company was a transportation company founded on December 16, 1872, by then Minister of Beiyang Li Hongzhang during the Self-strengthening movement in Qing Dynasty. Eighty percent of the startup capital was provided by native Chinese, making this the first transportation company using modern technology not based on foreign ownership. The company then split due to Chinese Civil war. The Taipei-based CMSNC merged with Yang Ming Marine Transport Corporation on July 1, 1995.
References
- ↑ "Contact Us." China Merchants Group. Retrieved on November 8, 2011. "Head Office Address: 40/F., China Merchants Tower, Shun Tak Centre, 168-200 Connaught Rd., C., Hong Kong" - Address in Chinese: "香港 中环 干諾道168-200號信德中心招商局大廈39-40樓"
External links
- China Merchants Group
- China Merchants Group (Chinese)
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