SIPG invests $2bn in new holding company Shanghai Guomao

Shanghai International Port Group (SIPG) has reported progress on its RMB2bn investment in Shanghai Guomao Holding Co., Ltd., a newly established entity. This investment, representing a 15.38% stake, is a connected transaction involving joint investment with Shanghai International Group Co., Ltd., which holds a 23.08% stake with an RMB3bn contribution.

Other investors include Dongfang International (Group) Co., Ltd. (7.69%, RMB1bn), Donghao Lansheng (Group) Co., Ltd. (7.69%, RMB1bn), Shanghai Automotive Industry (Group) Co., Ltd. (7.69%, RMB1bn), Shanghai Huayi Holding Group Co., Ltd. (7.69%, RMB1bn), Shenergy (Group) Co., Ltd. (7.69%, RMB1bn), Bright Food (Group) Co., Ltd. (7.69%, RMB1bn), Shanghai International Trust Co., Ltd. (7.69%, RMB1bn), and Shanghai Putuo State-owned Capital Investment Co., Ltd. (7.69%, RMB1bn).

Shanghai Guomao Holding Co., Ltd. was officially registered on November 20, 2025, with a registered capital of RMB130bn. Its business scope includes port operations, gas operations, biomass gas production, and various investment and management services. The investment aims to leverage SIPG's public wharf resources and supply chain to enhance Shanghai Port's role as an international shipping hub and expand value-added services.

While the new company's related businesses are yet to commence, SIPG notes potential risks from macroeconomic factors, industry policies, and operational management. The transaction is not expected to adversely affect SIPG's independent operations or financial performance.