March
In March 2022, Shanghai International Group ranked first in the Comprehensive Evaluation list of Top 10 State-owned Capital Operating Companies with High-quality Development, and Top 10 State-owned Capital Operating Companies with High-quality Development Evaluation - Investment & Operation Capability, and third in Top 10 State-owned CapitalOperating Companies with High-quality Develop-ment - Assets Quality.
January
In January 2022, Zhang Wei, Vice Mayor of Shanghai visited SIG, requiring SIG to further leverage the advantages of the state-owned assets platform, make greater contributions in improving the state-owned asset management system, optimizing the layout of state-owned capital, and making state-owned capital stronger, better and bigger, deeply promote the layout of industrial funds and fintech, and cultivate professional capabilities in market competition to serve Shanghai's socio-economicdevelopment better.
December
In December 2021, SenseTime Group Inc. invested by SIG was listed on the Stock Exchange of Hong Kong, being the first bellwether company in the artificial intelligence sector to be publicly offered and listed in China.
November
In November 2021, Shanghai Data Exchange launched by Shanghai International Group held an inaugura-tion ceremony and reached the first transaction.
September
In September 2021, the Shanghai Fintech Equity Investment Fund strategically initiated by SIG and managed by SIG's GP Capital completed its first round of account closing, with a scale of RMB 2 billion. The fintech fund will focus on the deep integration of finance, technology and industry, and make arrange- ments centering on the new infrastructure of digital economy, the technology-based transformation and upgrading of conventional financial institutions, and the digital development of real industries, to build an efficient, coordinated and well-linked fintech ecosystem.
June
In June 2021, Shanghai Fintech Co., Ltd. held its opening ceremony. Initiated by the Digital Currency Institute of the People's Bank of China, SIG and Changning District People's Government, Shanghai Fintech Ltd. is of positive significance to improve the fintech level of Shanghai.
June
In June 2021, SIG Development History Showroom was completed, and the commemorative album Endeavor of 40 Years (1981-2021) was compiled and printed. On the same day, the symposium to celebrate the 40th anniversary of SIG was success- fully held.
May
In May 2021, SIG entered into a strategic cooperation framework agreement with the Jiading District People's Government at the Promotion Conference for the Construction of Five New Towns of State-owned Assets and State-owned Enterprises in Shanghai. According to the agreement, the phase II private investment fund partnership (limited partnership) of Shanghai Science and Technology Center Captial will be located in Jiading District.
February
In February 2021, "The formation of Shanghai fintech ecosystem is accelerating" was selected into the "top 10 events in the development of Shanghai international financial center in 2020" released by the China Economic Information Service of Xinhua News Agency, marked by the formal establishment of Shanghai Fintech Industry Alliance led by SIG and the successful holding of the Second Shanghai Fintech International Forum".
September
In September 2020, SIG was approved to increase its registered capital from RMB 10.55884 billion to RMB 30 billion, thus effectively promoting the development of a financial holding group and better serving the major development strategies of the country and Shanghai.
August
In August 2020, SIG successfully held the SIG Party Member Congress, on which new members of CPC SIG Committee and Discipline Inspection Committee were elected.
May
In May 2020, SIG proposed and launched the establish- ment of Shanghai Fintech Industry Alliance. The Alliance will facilitate the high-level industry clustering and high-quality development of Shanghai's fintech industry, contributing to Shanghai's effort to develop as an international fintech center.
December
In December 2019, SIG signed an equity cooperation frame-work agreement with Taiping Reinsurance (China) Co., Ltd., in an effort to facilitate Shanghai's endeavor to develop into an international reinsur- ance center, serve national strategies, and support the socio-economic development of Shanghai.
July
In July 2019, Li Qiang, Member of the Political Bureau of the CPC Central Committee, Secretary of the CPC Shanghai Municipal Committee, visited SIG, requiring SIG to further utilize its strength as a state-owned capital platform and support state-owned capital to grow from strength to strength, based on a market-ori- ented professional approach with global perspective. Mr. Li also required SIG to enhance Party building and make further contributions to implement national strategies, upgrade the city's capacity and core competitiveness.
February
In February 2019, with the approval of National Development and Reform Commission, SIG was granted to issue high-quality corporate bonds totaling no more than RMB 20 billion. In October 2019, SIG successfully issued the first phase of SIG's corporate bonds with 5-year maturity by book building and raised RMB 2.2 billion. Its coupon rate was a record low not only among the batch of high-quality corporate bonds with the same maturity approved by National Development and Reform Commission, but also among all AAA-grade corporate bonds with the same maturity issued by local SOEs ever since 2017.
February
In February 2019, SIG signed a strategic cooperation agreement with the Chinese Academy of Sciences Holdings Co., Ltd. (CASA) in Beijing.
December
In December 2018, SIG invested RMB 1.5 billion in the capital increase and share expansion project of AVIC Investment Holdings Co., Ltd., as part of an effort to participate in the mixed-ownership reform of central enterprises.
December
In December 2018, the Shanghai State-owned Assets Supervision and Administration Commission issued Document No.402, authorizing SIG to perform SOA supervision duty over three financial institutions: Shang-hai Pudong Development Bank Co., Ltd., Guotai Junan Securities Co., Ltd. and Shanghai Rural Commercial Bank Co., Ltd.
December
In December 2018, SIG and Taiping Reinsurance Co., Ltd. signed a letter of intent of cooperation to expand SIG's investment in insurance and support the development of Shanghai as an international reinsurance hub.
October
In October 2018, Ministry of Science and Technology of the P.R.C. and Shanghai Municipal People's Government signed Strategic Cooperation Agreement on Promoting the Operation of National Fund for Technology Transfer and Commercialization and Shanghai Sci-tech Innovation Center Equity Investment Fund. Shanghai Sci-Tech Innovation Center Equity Investment Fund is a market-based FOF initiated by SIG in accordance with the deployment of the CPC Shanghai Municipal Committee and Shanghai Municipal People's Govern- ment, with the aim of managing up to RMB 30 billion.
September
In September 2018, SIG pledged to invest RMB 1 billion in Shanghai State-owned Enterprise Reform and Development Equity Investment Fund.
July
In July 2018, Ying Yong, then Deputy Secretary of CPC Shanghai Municipal Committee and Mayor, and Zhou Bo, then Member of the Standing Committee of CPC Shanghai Municipal Committee and Executive Vice Mayor visited SIG, requiring SIG to leverage its advan- tages in the financial sector and further strengthen the corporate functional positioning of state-owned platform.
June
In June 2018, a cooperation agreement of the Yangtze River Delta Collaborative Advantage Industry Fund initiated by SIG was officially signed at the Symposium of Major Leaders of the Yangtze River Delta Region. In
December 2018, after it was formally launched, the Fund raised over RMB 7.7 billion when its first round of fundraising was closed. The money would leverage RMB 100 billion worth of social capital in the YRD region for promoting the formation of a future-oriented advanta- geous industrial cluster with better international compet- itiveness. The establishment of the Fund represents an important move to implement the national strategy for the integrated development of the Yangtze River Delta and President Xi Jinping's general requirements for "achieving higher-quality integrated development in the Yangtze River Delta".
January
In early 2018, as determined by the Financial Develop-ment and Stability Committee under the State Council of China, Shanghai International Group, together with China Merchants Group, Ant Financial Services Group and other companies were listed in the first batch of five pilot financial holding companies under simulated supervision in China. Under the guidance of Shanghai Municipal People's Government and the People's Bank of China, SIG has successfully fulfilled the phased tasks of the pilot program.
December
In December 2017, Shanghai International Group (SIG) held "SIG Corporate Culture Promotion Conference ". The corporate culture building project (Phase 1) of SIG developed a complete core corporate culture concept system including mission, vision, core values and other elements.
September
In September 2017, Shanghai Sci-Tech Innovation Center Capital Co., Ltd. launched by SIG was inaugurated.It is of great significance to improve the services of the financial industry to the real economy, promote the integration of sci-tech and finance, and boost the synergy between the sci-tech innovation center and the financial center.
July
In July 2017, Shanghai Growth FOF Co., Ltd. was established by SIG. Through the expansion of the ecosystem of industrial fund groups with the Growth FOF as the hub, SIG will achieve a leap forward develop- ment in the management of state-owned capital.
December
In December 2016, Shanghai Commercial Paper Exchange Co., Ltd. was officially opened. Shanghai Commercial Paper Exchange Co., Ltd. is an important carrier for the financial factor market development of Shanghai. SIG's investment in Shanghai Commercial Paper Exchange Co., Ltd. will strategically facilitate its contribution to making Shanghai an international financial center.
June
In June 2016, Shanghai Insurance Exchange was officially launched. SIG's involvement in the establish-ment of Shanghai Insurance Exchange marks its role as a local state-owned capital operating platform, and its contribution to the financial factor market develop-ment in Shanghai.
December
In December, 2015, Shanghai Equity Exchange officially launched the technolo- gy innovation board. The first batch of 27 companies were listed, which has further expanded the capital market service and support for high-tech, innovative SMEs, and is a progress towards building a multi-level capital market system.
November
In November 2015, SIG’s subsidiary Shanghai State-owned Assets Operation Co., Ltd. issued five-year corporate bond worth 3 billion yuan, after CSRC amended the “Administration Methods for the Issuance and Trading of Corporate Debt” which allow non-listed companies to issue corporate bonds. It is the city s first large publicly offered instrument. Since then, SIG has opened up the channel connecting to the capital market and shifted from indirect financing to direct financing.
September
In September 2015, SIG and Shanghai Juneyao Group Co., Ltd. signed the agreement under which SIG will transfer all its equity stake in AJ Group to Juneyao Group in a market-oriented manner, which will help AJ Group become a private company again and diversify its business operations.
September
In September 2015, SIG officially completed the integration of Jinjiang Shipping and Shanghai International Port Group (SIPG), which is the first major local SOAs operation project in Shanghai. After the project was completed, SIG paid the operating earnings in full to the government, making a bigger contribution of SOAs proceeds to the redistribution of the local socio-economic develop-ment, providing strong support to Shanghai people’s livelihood, urban development and the growth of strategic emerging industries.
August
In August 2015, SIG`s subsidiary Shanghai International Group Assets Management Co., Ltd. registered a (3+2)-year 2-billion-yuan mid-term notes project with National Association of Financial Market Institutional Investors (NAFMII), and in November of the same year issued the first phase amounting to 500 million yuan. This effectively reduces the financial costs, optimizes the debt structure, effectively enhances the company’s credit image and paves the ground for the subsequent development of innovative financial products.
January
In January 2015, SIG and SPD Bank signed a memorandum concerning the management arrangements for Shanghai International Trust Co., Ltd and its main subsidiaries, marking a substantial progress for SPD Bank’ s acquisition of Shanghai International Trust Co., Ltd. In September, Shanghai International Trust Co., Ltd. handed over its managerial rights to SPD Bank, so the vertical integration between Shanghai International Trust Co., Ltd. and SPD Bank was basically completed. An operating platform for state-owned assets was created, and the mix of local state-owned capital was further optimized.
June 2014 to January 2015
From June 2014 to January 2015, SIG successively held handover ceremony of quasi-financial and real estate enterprises with Shanghai Industrial Investment (Holdings) Co., Ltd., handover ceremony of Shanghai Securities Co., Ltd. and Postdoctoral Research Station with Guotai Junan Securities Co., Ltd., and the signing ceremony of the memorandum concerning the management arrangements for Shanghai International Trust Co., Ltd. and its major subsidiaries with Shanghai Pudong Development Bank. SIG's operation platform for state-owned assets was created, and the mix of local financial state-owned assets was further optimized.
June
In June 2014, Han Zheng, then Member of the Political Bureau of the CPC Central Committee and Secretary of CPC Shanghai Municipal Committee visited SIG. Secretary Han made clear the functional positioning and phased tasks of SIG, and expressed his high expectations for the future development strategy of SIG.
December
In 2013, SIG was awarded several titles of honor: Advanced Unit of Open and Democratic Administration, Top Ten Units of Open and Democratic Administration in Shanghai 2011-2012, and Shanghai May 1 Labor Award.
January
In January 2013, three events championed by SIG: Sailing Capital International Fund was launched, Shanghai Equity Exchange was officially open, SPD Silicon Valley Bank started operation, were listed among “Top Ten Events 2012 for the Development of Shanghai International Financial Center”.
December
In December 2012, Shao Yaliang, President of SIG, won the title as Top Ten Financiers of Shanghai 2012.
February
In February 2012, Shanghai Equity Exchange was officially launched. As the controlling shareholder of Shanghai Equity Exchange, SIG has given full play to its functions and roles in improving Shanghai's financial service system to promote development of Shanghai as international financial center and financial factor market.
February
In February 2012, Sailing Capital Management Co., Ltd. launched by SIG was officially established, and raised the first-round fund amounting to RMB 12 billion. The startup of Sailing Capital Management Co., Ltd. was a strategic requirement for Chinese enterprises to "go global", as well as an important exploration for the RMB internationalization, which further boosted the bilateral flow of financial resources.
September
In September 2010, SIG successfully completed the issuance of the first medium-term notes amounting to RMB 5 billion. This marked a significant innova-tion and breakthrough in the financing channels since the establishment of SIG, and pioneered a new pathway for direct financing.
June
In June 2010, Shanghai Financial Sector Development Fund sponsored mainly by SIG was launched. It was China's first pilot industry fund focusing on the financial industry, approved by the State Council and National Development and Reform Commission.
April
In April 2007, SIG acquired Shanghai State-owned Assets Operation Co., Ltd., with its registered capital increased to 10.55884 billion yuan by December 2007, while further expanding its portfolio of financial assets.
December
In December 2005, SIG co-founded China's first inter-dealer brokering company ⸺Tullett Prebon SITICO (China) Ltd.
April
In April 2000, Shanghai International Group Co., Ltd. was incorporated with a registered capital of RMB 5 billion. Its subsidiaries involve trust, securities, invest- ment management, industrial investment, bidding agency, real estate, import and export, East China Enterprises, Tongda Real Estate, assets operations, etc.
June
In June 1998, Shanghai International Trust & Invest-ment Corporation set up HuaAn Fund Management Co., Ltd., one of the first fund management companies approved by China Securities Regulatory Commis-sion (CSRC).
November
In November 1993, Shanghai International Trust & Investment Corporation launched and managed Shanghai Development Fund and Jinlong Fund (now called HuaAn Small and Medium Growth Stock Fund). Shanghai Development Fund is Shanghai's first mutual fund registered and listed overseas. Jinlong Fund is one of Shanghai's first RMB-dominated mutual funds.
December
In December 1992, Shanghai Investment & Trust Co., Ltd. was renamed as Shanghai International Trust & Investment Corporation. The new name matched better with its portfolio, business scope and organization structure, which was also conducive to the company's active involvement in cooperation and competition in the international financial market.
In 1991, Wang Daohan, then Advisor to Shanghai Municipal People's Government and President of Association for Relations Across the Taiwan Straits (ARATS) wrote an inscription for Shanghai Investment & Trust Co., Ltd.
January
In January 1989, Jiang Zemin, then Member of the Political Bureau of the CPC Central Committee and Secretary of CPC Shanghai Municipal Committee visited Shanghai Investment & Trust Co., Ltd.
July
In July 1988, Shanghai Investment & Trust Co., Ltd. launched China's first joint-stock securities company - Shanghai Wanguo Securities.
June
In June 1988, Shanghai Investment & Trust Co., Ltd. issued 15 billion Euro-yen bonds. It was the first time that a Shanghai financial institution entered European financial market.
May
From 1987 to 1991, Shanghai Investment & Trust Co.,Ltd. had established subsidiaries in import and export,industrial investment, international consultancy,bidding agency, real estate and Pudong branch. Also it set up offices in San Francisco of the U.S.A., Hamburg of Germany and Tokyo of Japan, etc.
January
In January 1986, Shanghai Investment & Trust Co., Ltd. issued 25 billion Yen of public debt (equivalent to approximately 150 million USD at the then exchange rate) in Tokyo. It was the first time that a financial institution of Shanghai had raised funds overseas by issuing bonds.
July
In July 1981, Shanghai Investment & Trust Co., Ltd. was established, being one of the "Top Ten Windows" for foreign financing designated by the State Council. Its incorporation boosted Shanghai's economic under- takings to implement the opening-up policy more energetically, and gave full play to the role of Shanghai as an economic powerhouse and a port city in interna- tional economic affairs.