What kind of company is Shanghai Jiushi Company?

Shanghai Jiushi Company is a large state-owned public service enterprise group.

Shanghai Jiushi (Group) Co., Ltd., formerly known as Shanghai Jiushi Company, was established in 1987. As the first government investment and financing company in China, Jiushi Group is the product of Shanghai's reform and opening up and innovative investment and financing methods. Since its establishment, it has shouldered the mission of serving Shanghai and contains the genes of reform and innovation.

After 30 years' efforts, Jiushi Group has actively raised funds for urban construction and industrial development, continuously improved the service and support capabilities of urban public utilities, and made contributions to Shanghai's economic and social development and the orderly operation of the city. Enterprises have also developed through reform and innovation and become large state-owned enterprise groups with the nature of public utilities.

Extended data

1986 in August, the State Council replied to the Shanghai municipal government with the document "Guo Han (1986) No.94", agreeing that the first batch of foreign capital in Shanghai should be used to strengthen urban infrastructure construction, industrial technological transformation and develop the tertiary industry. According to the spirit of Document No.94 of the State Council, the municipal government has determined the first batch of foreign capital utilization projects of 3.2 billion US dollars, which are collectively called "94 special projects".

1987 12.30, Shanghai jiushi company was formally established, named "94" homophonic, as the chief accounting office of "94 special project", which was responsible for the "94 special project" task. 1990, with the merger of actual companies, Jiushi Company has increased the function of managing financial funds on behalf of the municipal government, which has played a great role in enhancing the company's fund-raising ability.

After the establishment of Jiushi Company, according to the requirements of the municipal party committee and municipal government, it directly raised $654.38+04 billion, and invested in five major municipal infrastructure projects, including nanpu bridge, subway 1 line, the first phase of combined sewage project, the renovation of Hongqiao airport terminal building and 200,000 program-controlled telephones, which solved very important livelihood problems for Shanghai.

It raised $654.38+03 billion and invested in 268 industrial technological transformation projects, among which the more important ones were Electric Vacuum Company, Philips Semiconductor Company, Shanghai Refrigerator Compressor and Jinyang Acrylic Project, which played an important role in Shanghai's industrial development at that time.

We raised 500 million dollars to invest in 35 tertiary industry tourism projects, mainly including Huating Hotel, Hongqiao Hotel, Yinhe Hotel, Longbai Hotel, Jianguo Hotel and Xinjing Hotel, which effectively changed the tourism environment in Shanghai.

Shanghai Jiushi (Group) Co., Ltd.-Group Profile