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China Merchants Group operates as a diversified state-owned enterprise, engaging primarily in transportation and logistics, integrated finance, and property and park operations. The company constructs and manages vital infrastructure, including ports, expressways, and energy shipping, while also providing comprehensive financial services encompassing banking, securities, and insurance. Its real estate division develops and operates properties, serving as a carrier of modern urban life.
Founded on December 16, 1872, by Qing dynasty official Li Hongzhang, the enterprise originated in Shanghai as the China Merchants Steam Navigation Company. Li's foundational insight was to counter Western dominance in Chinese shipping by establishing a domestically-owned modern shipping industry, marking it as the first joint-stock company in modern China and a pioneer of national industry.
China Merchants Group serves a broad customer base across its diverse sectors, providing essential services to businesses navigating complex supply chains, individuals seeking financial solutions, and communities requiring integrated urban development. The company’s long-term vision is to evolve into a world-leading, comprehensive, and innovation-driven global enterprise, continually expanding its influence and capabilities across its core business areas.
China Merchants Group has 3 tracked investments across 3 companies. The latest tracked deal is $78.0M Series C in Gmax Biopharm in March 2021.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Mar 9, 2021 | Gmax Biopharm | $78.0M Series C | China Merchants Group | — |
| Oct 23, 2018 | XTransfer | $10.0M Series A | China Merchants Group | 01VC, Gaorong Capital, Yunqi Partners |
| Apr 14, 2017 | Wecash | $80.0M Series C | China Merchants Group, Forebright Capital, SIG Ventures | Joinhope Capital, Lingfeng Capital |
