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Shanghai Municipal Investment Group

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Last Updated: 02 July 2021

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Shanghai Municipal Investment Group

Typestate-owned enterprise
IndustryReal Estate, infrastructure
Founded21 July 1992 ; 28 years ago ( 1992-07-21 )
FounderShanghai Municipal Government
HeadquartersShanghai , China
Key peopleJiang Shujie ( Chairman & Party Committee Secretary )
Productscommercial property, toll road, water supply
RevenueCN 0 23.905 billion (2016)
Operating incomeCN 00 3.298 billion (2016)
Net incomeCN 00 1.840 billion (2016)
Total assetsCN515.176 billion (2016)
Total equityCN219.076 billion (2016)
OwnerShanghai Municipal Government (100%)
ParentShanghai SASAC
SubsidiariesSMI Holding (46.46%)
Websitewww .smi-co .com

HONG KONG, July 16 2020-provider of integrated marketing solutions in Greater China, Activation Group Holdings limit introduces Shanghai Innovital Capital as its substantial shareholder, holding 14. 42 % issue share Capital of Group. Completion of the transaction is conditional and subject to approval by overseas direct Investment. Initiate by the Shanghai Municipal Government, SHIVC is a fund that focuses on strategically emerging areas and innovative venture capital platform, so as to accomplish the mission of leading innovation and transformation of Shanghai. Adhering to guiding and operational policies of marketization, professionalism and internationalization, fund of over RMB10 billion is set to attract more capital into venture investments, steer the right course of capital flow, and enhance support for companies in early or middle stages, industrial chains and clusters. So far, capital under its management has exceeded RMB50 billion, comprising investments in nearly 1 000 innovative enterprises and business incubation projects. It has also nurtured a wide arrange of leading companies with their own intellectual property such as Weimob, ByteDance, Ingenic, Shanghai Electronic Certificate Authority, Cambricon, Qi Xin, LUNO, and New Culture. Currently, SHIVC has four major investment strategies, and one of them is focusing on investments in pan-cultural industries through cultural and entertainment promotion and distribution. Spokesperson of SHIVC say, Activation has been serving a wide range of top international brands for years, and is one of few corporations with international vision that is good at providing comprehensive sales and marketing solutions to brands and international IPs that keep abreast of latest trends in China. This perfectly matches our investment strategy that focuses on pan-cultural industries. We look forward to working more closely with the group, offering creative marketing solutions to drive forward different private and public projects, thus better utilising its rich and solid industry experience to connect with the world. Mr Steve Lau Kam Yiu, Joint-chairman and Chief Executive Officer of Activation, say, we are pleased to have SHIVC as major shareholder, and the investment proves their strong confidence in our future. Activation has striven to obtain exclusive rights for operation of brands and IPs, and has continuously accelerated digitalization of various businesses within our Group to tap rising opportunities in the market. Support by SHIVC's vast business network, we strongly believe investment will definitely further speed up our business development. About Activation Group Holdings limit Activation Group Holdings limit is a leading and fast-growing integrated marketing solutions provider and brands and international IPs operator that focus on provision of experiential marketing, digital and brand communication, and public relations services which mainly operate in Greater China. Shares of the Company were listed on the Main Board of Stock Exchange of HONG KONG limit on 16 January 2020. According to an independent market research report issued by China Insights Industry Consultancy limit, Group ranked first in 2018 in experiential marketing services for the premium and luxury brands market in Greater China.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

we ARE SMI USA

Base in New York City since 2014, SMI USA has been influential with many high-profile real estate investment and management projects, making a positive impression on the business community and people of New York City while adding our own unique style of inspiration to the cityas landscape. SMI USA was formerly a US subsidiary of SMI Group, well-know and powerful real estate corporation instrumental in fashioning Shanghai's urban development and skyline during the past 26 years, and celebrating Shanghai Tower as its crowning achievement. SMI USA now utilizes the experience and expertise of its former parent company. Having helped Shanghai become the modern metropolis and worldwide business capital that it is today, SMI USA is now poised to contribute its proven talent and expertise in the vibrant New York City market with its people-first values, profit development strategies, and cost management concepts.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

Sources

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions.

* Please keep in mind that all text is machine-generated, we do not bear any responsibility, and you should always get advice from professionals before taking any actions

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