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Shanghai Municipal Investment (Group) Corporation, also known as Shanghai Chengtou, operates as a municipal wealth fund under the Shanghai Municipal People's Government. The entity primarily focuses on developing and managing crucial urban infrastructure and public service assets. Its extensive portfolio includes investments in commercial properties, toll roads, and water supply systems, aiming to enhance the city's operational efficiency and public welfare through strategic infrastructure development and management.
The group was formally established on July 21, 1992, by the Shanghai Municipal People's Government. This inception reflected the municipal government's forward-thinking strategy to consolidate and strategically deploy public capital for the comprehensive development and modernization of Shanghai's urban landscape. This structural approach ensures centralized oversight and coordinated investment in projects vital for civic growth.
Shanghai Chengtou serves the entire populace and commercial entities within the city, providing the foundational services and infrastructure necessary for daily life and economic activity. Its long-term vision is deeply intertwined with Shanghai’s ongoing urban evolution, striving to support the city's sustainable growth and maintain its status as a leading global metropolis by continually investing in and upgrading essential civic functions and infrastructure.
Shanghai Urban Investment has 1 tracked investment across 1 company. The latest tracked deal is $154.4M Debt / Series D in Gushengtang Holdings in September 2017.
| Date | Company | Round | Lead Investor(s) | Co-Investor(s) |
|---|---|---|---|---|
| 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 International Group, Shenzhen Innovation Investment Group |