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Shanghai International Group (SIG) operates as a prominent state-owned financial holding entity with a core focus on financial holding, investment and asset management, and strategic state-owned capital operations. The group adeptly implements major governmental and party directives, utilizing a professional, market-oriented, international, and law-based approach to deepen the functionality of state-owned capital platforms and bolster its leading role within key economic sectors.
The origins of Shanghai International Group trace back to the Shanghai Trust & Investment Co., Ltd., established in 1981, which later evolved. The current group formally incorporated in April 2000, emerging from a strategic initiative by the CPC Shanghai Municipal Committee and the Shanghai Municipal Government. This establishment was driven by an insight to consolidate state-owned assets and leverage financial instruments to serve the broader economic development strategies of the city and country.
SIG primarily serves the financial institutions it holds stakes in, such as major banks and securities firms, and fosters growth in science and technology innovation enterprises through its diverse fund brands. Its overarching vision is to construct a leading financial holding group and state-owned capital investment operation platform within China, distinguished by significant strategic functions and an international outlook, thereby contributing to Shanghai's accelerated development into a globally influential modern metropolis.
Shanghai International Group has 2 tracked investments across 2 companies. The latest tracked deal is $34.9M Series C in HiScene in August 2019.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| Aug 28, 2019 | HiScene | $34.9M Series C | Shanghai International Group | Shanghai Panxi Capital Management |
| Sep 13, 2017 | Gushengtang Holdings | $154.4M Debt / Series D | — | China Life, China Merchants Bank, China National Capital, China Orient Asset Management (international) Holding Limited, Chongqing Finance Guidance Fund, Jinpu Medical, Xiaodong Jiang, Ping AN, Shanghai Urban Investment, Shenzhen Innovation Investment Group |