Shentong Metro Group Company Profile and Ownership

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Confident businesswoman in mask commuting through urban subway station during pandemic.
Credit: pexels.com, Confident businesswoman in mask commuting through urban subway station during pandemic.

Shentong Metro Group is a Chinese state-owned enterprise that operates a significant portion of Beijing's metro network. The company was established in 1994.

Shentong Metro Group is a subsidiary of Beijing Municipal Commission of Transport. This is a critical aspect of its operations, as it allows the company to closely work with the city's transportation authorities.

As a state-owned enterprise, Shentong Metro Group is ultimately owned by the Beijing Municipal Government. This government entity holds a majority stake in the company.

Subsidiaries and Affiliates

Shentong Metro Group has a complex structure with several subsidiaries and affiliates.

The group has a flagship company, Shanghai Shentong Metro Co., Ltd., which is listed on the SSE (600834) and has a significant stake of 58.34%.

Shentong Metro Group has six operation companies that work under its umbrella.

These operation companies are an essential part of the group's infrastructure, providing day-to-day services and maintenance.

There are also 23 line asset companies, but the article doesn't specify their role or responsibilities.

Spacious modern subway station featuring an escalator and people, highlighting urban transit design.
Credit: pexels.com, Spacious modern subway station featuring an escalator and people, highlighting urban transit design.

Shanghai Metro Maintenance Branch is a key subsidiary of the group, responsible for maintenance and upkeep of the metro system.

Under this branch, there are three subsidiaries: Shanghai Metro Operation Center Ticket Management Department, Asset Investment Management Company, and Shentong Metro Construction Group.

These subsidiaries play a crucial role in managing the group's assets and ensuring the smooth operation of the metro system.

Here is a list of the subsidiaries mentioned in the article:

  • Shanghai Shentong Metro Co., Ltd.
  • 6 operation companies
  • 23 line asset companies
  • Shanghai Metro Maintenance Branch
  • Shanghai Metro Operation Center Ticket Management Department
  • Asset Investment Management Company
  • Shentong Metro Construction Group

Shanghai Metro

Shanghai Metro is a significant player in the public transportation industry, and Shanghai Shentong Metro Co.,Ltd. is a key company in this sector. The company has been consistently generating revenue from its Public Transportation Operation and Management activities, with sales figures increasing from 198 million in 2020 to 283 million in 2023.

In 2022, the company's Photovoltaics and Energy Conservation segment saw a significant growth, with sales reaching 28.27 million. This is a notable increase from the 10.41 million recorded in 2020.

Credit: youtube.com, Shanghai Metro; is the Songjiang tram even part of the official network ?

The company's management team is led by CEO Wei Zhong Jin, who has been at the helm since May 13, 2020. The company's Investor Relations Contacts are Ying Zhu and Si Hui Sun, with Ying Zhu's age not disclosed and Si Hui Sun being 52 years old as of 2010.

As of 2024, the company's shareholders include SHANGHAI SHENTONG METRO CO.,LTD., MTR CORPORATION LIMITED, and TOKYO METRO CO., LTD., among others. The average 5-day change in the company's stock price is +0.50%, with a weighted average by capitalization of +0.36%.

Here is a breakdown of the company's revenue from different segments:

Shareholders and Ownership

Shentong Metro Group is a subsidiary of Shanghai Jiushi Group, a state-owned enterprise that holds a 66.57% stake in the company. Shanghai Municipal Investment Group, another Shanghai state-owned enterprise, owns the remaining 33.43% stake.

Shentong Metro Group was established on April 28, 2000, with a registered capital of 26 billion yuan. The company received huge subsidies to provide affordable transport in Shanghai, and its share capital increased from 117 billion yuan to 164.8 billion yuan in 2015.

The company's ownership structure is as follows:

Parent and Owner

Credit: youtube.com, Explainer: Owners, Directors, Shareholders and Members

Shentong Metro Group is a subsidiary of Shanghai Jiushi Group, a state-owned enterprise that owns a 66.57% stake in the company. Shanghai Municipal Investment Group, another Shanghai state-owned enterprise, owns the remaining 33.43% stake.

Shentong Metro Group was established on April 28, 2000, with a registered capital of 26 billion yuan. Shanghai Jiushi Company invested 60% of the capital, which is 15.6 billion yuan, while Shanghai Municipal Investment Group invested 40%, which is 10.4 billion yuan.

The company received huge subsidies to provide affordable transport in Shanghai. In 2015, the company increased its share capital from 117 billion yuan to 164.8 billion yuan.

Here's a breakdown of the ownership structure:

Board Composition

The Board of Directors plays a crucial role in shaping the company's direction. The Board of Directors at Shanghai Shentong Metro Co.,Ltd. consists of 9 members.

Jun Shi and Jun Ming Shi hold the position of Chairman, with Jun Shi taking on the role since 2021 and Jun Ming Shi since 2024. This indicates a recent change in leadership.

Credit: youtube.com, Board Composition Rights

The Board members are comprised of individuals with diverse backgrounds and experience. The oldest member is Xian Jiang, who is 70 years old and has been a Director since 2020.

The youngest member is Quan Wen, who is 49 years old and has been a Director since 2010. This significant age gap highlights the varying levels of experience within the Board.

Here is a list of the Board members:

  • Guo Ping Yang, 69, Director/Board Member since 2023-05-25
  • Yong Qin Cao, 68, Director/Board Member since 2022-08-14
  • Xian Jiang, 70, Director/Board Member since 2020-04-30
  • Bao Chun Wang, 59, Director/Board Member since 2005-06-21
  • Jun Shi, 57, Chairman since 2021-05-27
  • Quan Wen, 49, Director/Board Member since 2010-05-17
  • Wei Zhong Jin, 54, Director/Board Member since 2022-08-14
  • Xiao Hu Fan, 52, Director/Board Member since 2022-08-14
  • Gang Zhao, 51, Director/Board Member since 2020-05-07

Industry and Operations

Shentong Metro Group has a strong presence in the Chinese rail transit industry. With a history dating back to 1995, the company has been a major player in the development and operation of metro lines in China.

The company operates 10 subway lines in Beijing, with a total length of over 442 kilometers. This extensive network provides efficient transportation services to millions of passengers every day.

Shentong Metro Group's commitment to innovation has led to the implementation of advanced technologies, such as automatic train operation and intelligent transportation systems.

If this caught your attention, see: Dow Jones Transportation Average

Sector

Credit: youtube.com, "Thank you" - To all personnel in the Industrial operations sector.

In the industry, sectors are a key way to categorize and understand different types of businesses. One major sector is Industrials.

Industrials include a wide range of companies, from manufacturing to transportation. Transportation is a significant part of the Industrials sector.

Transportation itself can be broken down further into different types of services. Passenger Transportation Services is one such category.

Passenger Transportation Services can be sub-divided into various modes of transportation. Passenger Transportation, Ground & Sea is one such mode.

Commuting Services are a type of Passenger Transportation, Ground & Sea.

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East Xujing Station Prepares for CIIE Crowd

East Xujing Station is getting a facelift ahead of the China International Import Expo (CIIE). The station on Line 2 has nine exits, six of which lead directly to the National Exhibition and Convention Center.

The upgrades are based on experiences from the previous expo, where exits 4 and 5 didn't open, putting pressure on other exits. Last year, people leaving the venue by bus also used the same passage as those coming out of the station from exit 8, making it extra crowded.

Xiaoxigou Station at the Urumqi Metro
Credit: pexels.com, Xiaoxigou Station at the Urumqi Metro

Exit 4, the one closest to the venue, has been renovated. People going to the NECC from exit 4 will save about 10 minutes walking compared with exit 8.

The Metro operators have removed fixed fences at the exits and installed portable ones, which can better accommodate changes in passenger traffic.

Curious to learn more? Check out: Exit Strategy for Angel Investors

Elena Feeney-Jacobs

Junior Writer

Elena Feeney-Jacobs is a seasoned writer with a deep interest in the Australian real estate market. Her insightful articles have shed light on the operations of major real estate companies and investment trusts, providing readers with a comprehensive understanding of the industry. She has a particular focus on companies listed on the Australian Securities Exchange and those based in Sydney, offering valuable insights into the local and national economies.

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