Brief introduction and detailed information of China Merchants

China was the first government-run commercial enterprise founded in the late Qing dynasty. In the 197s, under the impact of foreign shipping forces, China's old shipping industry, which transported grain and north and south materials, was seriously damaged. In January, 1873, under the auspices of Li Hongzhang, Shanghai established an official-supervised and commercial ship investment promotion bureau, which borrowed official funds to make 2, strings of money and invited investors to collect shares. Xu Run, a foreign firm comprador and industrial and commercial activist, Tang Tingshu, a foreign firm comprador and westernization entrepreneur, successively participated in China Merchants Bureau, and made some contributions in stock collection and management. China Merchants Group is headquartered in Shanghai, with branches in major ports in China, Nagasaki, Yokohama, Kobe and Singapore. Due to the obstruction of foreign forces, at that time, only the North-South Ocean route and the Yangtze River route were operated, and foreign routes could not be navigable. In 1877, China Merchants bought all the old ships and other equipment of American flag Chang steamship company for 2.2 million taels, with 25 ships and a transportation capacity of 27, tons, which was quite profitable. In 1883, * * * issued a share capital of 2 million taels. In 1897, China Merchants changed its surplus into capital and increased its capital to 4 million taels. In 199, it was changed to a commercial office and a board of directors was established. In 1911, there were 29 ships with a transportation capacity of 49, tons. After the revolution of 1911, the board of directors of the bureau was reorganized several times, and its operation did not improve, only during the First World War, it made more profits. In 1924, it was changed to a joint-stock company. In 193, the Kuomintang nationalized it. After being transferred to the Ministry of Communications in 1932, the transportation was reduced to more than 5, tons; Real estate investment continues to increase, accounting for about 8% of total assets. After War of Resistance against Japanese Aggression's victory, China Merchants received 332 ships from the enemy and puppet troops, purchased 16 foreign ships, and invested in other shipping companies. In August 1948, the Kuomintang reorganized China Merchants into a company limited by shares, and sold China Merchants shares with half of its share capital. After the founding of the People's Republic of China, the property of China Merchants in mainland China was taken over by the People's Republic of China, and all the employees and 13 ships of China Merchants who moved to Hong Kong declared an uprising in Hong Kong on January 13, 195, and continued to operate and develop.

To introduce the history of China Merchants, it is necessary to mention Taiwan Province Yangming Shipping Company, because the predecessor of Yangming Shipping Company was China Merchants. China Merchants, the first shipping company in China, was founded in 1872 during the Tongzhi period of the Qing Dynasty. It was the modern history of shipping in China and witnessed the modern history of China. During the Sino-Japanese War of Resistance Against Japanese Aggression, China Merchants was the largest shipping company in China. Therefore, whether it was to support military transportation or even for strategic needs on the battlefield, it sank the ship in the river to stop the Japanese attack, so that the national army could win more retreat time and make great contributions to the country.

Later, with the retreat of the Kuomintang of China to Taiwan Province, the mainland and Taiwan Province authorities resumed the operation of China Merchants, and China Merchants remained the largest shipping company in Taiwan Province Island, which was highly valued by the Taiwan Province authorities. In 1972, just as the 1th anniversary of China Merchants, Yangming Shipping Company was established to specialize in international shipping business.

China Merchants in Taiwan Province Province

The founder of China Merchants was Li Hongzhang, the Minister of Trade of the Qing Dynasty. In view of the defeat of foreign wars in the late Qing Dynasty and the loss of navigation rights, both coastal and inland navigation rights were controlled by foreign shipping forces, and domestic boats could not compete with them at all. In order to avoid the monopoly of transportation lifeline by outsiders, China Merchants was named China Merchants. The displayed memorial is the one presented by Li Hongzhang in those years. From the memorial, we can finally see that the position of the Empress Dowager was higher than that of the Emperor, which also witnessed the history of Empress Dowager Cixi taking power in China's modern history. The throne originally existed in the mainland now. The gold memorial tablet in the display case belongs to China Merchants Bureau in mainland China and was originally copied and presented to Yangming.

China Merchants can be divided into several periods in the bureau's history. At the beginning of coming to Taiwan, due to its special status, although it was under the Ministry of Communications, in fact, the chairman and general manager of China Merchants were appointed with the consent of the highest authorities. However, after the establishment of Yangming Shipping Company, only the management office was left, and in 1995, with the resolution of the Legislative Yuan, it was merged into Yangming Shipping Company.

China merchants from the mainland still set up their operation headquarters in Hong Kong, becoming a large-scale enterprise group with finance, construction, transportation, shipbuilding, docks and so on.

Yangming shipping co., ltd was established on December 28th, 1972. By the end of May, 21, Yangming Shipping had 8 operating ships, with a carrying capacity of 4.1 million deadweight tons/321, TEUS. The fleet included container ships, bulk carriers and coal carriers on behalf of Taipower. Since its establishment, Yangming Shipping has been adhering to the business philosophy of "teamwork, innovation, honesty and pragmatism", constantly innovating and seeking change, making concerted efforts with Qi Xin to overcome difficulties, not only providing excellent services with the four principles of "accuracy, speed, stability and province", but also becoming one of the top shipping companies in the world, with an average ship age of one of the youngest companies in the world. Corporate culture

China Merchants was founded in 1872 during the Westernization Movement in the late Qing Dynasty. Over the past 14 years, it has set up the first merchant fleet in modern China, opened the first bank, the first insurance company, the first telegraph office in China, and built the first railway in China, which has created the modern national shipping industry in China and many other modern economic fields and played an important role in China's modern economic history and social development history. In 1978, China Merchants solely developed Shekou Industrial Zone, the first industrial zone in China that had a wide influence at home and abroad, and successively established China Merchants Bank, the first commercial joint-stock bank in China, and Ping An Insurance Company, the first enterprise joint-stock insurance company in China, which provided useful experience for the exploration of China's reform and opening up.

China merchants business mainly focuses on three core industries: transportation and related infrastructure construction, operation and service (ports, highways, energy transportation and logistics), financial investment and management, and real estate development and operation.

China Merchants is an important investor and operator of the transportation infrastructure industry in the Mainland and Hong Kong. Now it has basically formed a national strategic layout of container hub ports, and its ports are distributed in Hong Kong, Shenzhen and Zhangzhou in the Pearl River Delta. Shanghai and Ningbo in the Yangtze River Delta; Qingdao and Tianjin in Bohai Bay. China Merchants is one of the top three operators of public terminals in the world, and is an important investor and operator in three of the four major container ports in the world, such as Hong Kong, Singapore, Shanghai and Shenzhen. Management team

China Merchants has invested 3,975 kilometers of high-grade highways, bridges and tunnels in 17 provinces and cities such as Beijing, Shanghai, Jiangsu and Guangdong (by the end of 24, the total length of expressways in China was more than 3, kilometers), and participated in a number of world-class infrastructure projects-Jiangyin Yangtze River Bridge, Hong Kong Western Cross-Harbour Tunnel and Hong Kong New Airport Freight Handling Center. At the same time, its Huajian Transportation Economic Development Center is entrusted by the Ministry of Communications and the Ministry of Finance to manage the operating assets and corresponding rights and interests formed by the central investment in transportation infrastructure.

the shipping industry is a traditional industry of China merchants. Nowadays, China Merchants is a representative and important force in the shipping industry in Hong Kong, with a fleet of large oil tankers and bulk cargo merchant ships of more than 5 million tons, the largest shipowner in Hong Kong and the largest super tanker fleet operator in China. Together with other partners, China Merchants also set up the first LNG transport fleet in China, which undertakes the transportation of LNG imported from major coastal provinces and cities. The modern logistics industry of China Merchants has become Pepsi-Cola, Coca-Cola and P&; The logistics service providers of more than 2 large multinational companies, such as G, in China have developed rapidly and created brands. In 24, "China Merchants Logistics" brand ranked 116th among "China's Most Valuable Brands" in the "24 China 5 Most Valuable Brands" sponsored by the World Brand Laboratory (WBL), ranking fourth in the logistics industry, with a brand value of 4.7 billion yuan.

The financial industry of China Merchants Group includes banking, securities, funds and fund management, insurance and insurance brokerage. China Merchants Bank, initiated by China Merchants and currently the largest shareholder, has an important position among the emerging commercial banks in China. It is the first company in China to adopt international accounting standards for listing. In recent years, it has been awarded many awards by domestic and foreign media, such as "the best local commercial bank in China", "the top ten listed companies in China" and "the most influential enterprise", and has become a national brand of China banking.

China Merchants has a large amount of land reserves in Hong Kong, Shenzhen, Zhangzhou, Beijing, Shanghai, Tianjin, Chongqing, Suzhou and other places, and has many years of experience in real estate development, so the real estate industry has great development potential. Its "China Merchants Property" has been awarded the third place in the comprehensive strength of listed real estate companies in China by authoritative organizations such as the State Council Development Research Center for three consecutive years. In addition to direct development of real estate projects, China Merchants also provides comprehensive services for piece-by-piece development through the development of Shekou Industrial Zone and Zhangzhou Development Zone.

China Merchants Group also has strong strength in the fields of industry, trade and investment in science and technology industries. China Merchants owns the largest shipyard in Hong Kong, and is building a world-class large-scale shipyard base in Shenzhen Nizhou Island. CIMC, with China Merchants as its largest shareholder, is the largest container manufacturer in the world. The "Haihong" brand paint produced by its enterprises ranks first in the national special paint market such as marine paint and road paint. Its trading company has a mature market network and rich experience in the field of China traffic products trade; China Merchants is also in the forefront of the country in the field of high-tech venture capital. Memorabilia

China Merchants-the pioneer of China's national industry and commerce

(founded in 1872)

Li Hongzhang, minister of Beiyang and governor of Zhili, wrote a letter to Qing Dynasty to set up China Merchants. During the Westernization Movement, Li Hongzhang, minister of Beiyang and governor of Zhili, advocated the establishment of China Merchants Bureau, which was approved by Tongzhi Emperor. In 1872, China Merchants was formally established. This is the earliest shipping enterprise in China and the only surviving product of the Westernization Movement in China.

Opening the first ocean-going commercial route in China

In 1873, China Merchants Steamship "Yidun" sailed from Shanghai to Hong Kong, opening the first offshore commercial route in China. In the same year, China Merchants opened the first ocean-going commercial route to China.

Becoming a symbol of China's national shipping industry

Since its establishment, China Merchants has been growing in strength, reaching parity contracts with Qichang and Taikoo for many times, and in 1877, it acquired the American-funded Qichang Shipping Company with strong financial resources, breaking the pattern of foreign firms monopolizing China's shipping industry and becoming a symbol of China's national shipping industry.

One of the four Chinese-funded enterprises in Hong Kong

In 1949, New China was founded. In 195, China Merchants became a wholly-owned state-owned enterprise of the Chinese people and China.

Establishing China's first industrial zone open to the outside world

In 1979, China Merchants established Shekou Industrial Zone, the first industrial zone open to the outside world in China. After more than 2 years' development, the former barren beach and wild ridge has become a beautiful seaside city, which enjoys a good reputation at home and abroad and has attracted the attention of the world. * * *, * *, British Prime Minister Heath, Italian Prime Minister Cossiga, Singaporean Prime Minister Lee Kuan Yew and other domestic and foreign dignitaries all visited Shekou in person and spoke highly of the economic and social benefits achieved by China Merchants.

The first non-financial enterprise with a bank in China

China Merchants Group, which founded the first bank and insurance company in China, entered the financial industry again in 1986 and acquired Hong Kong Union Bank, setting a precedent for Chinese enterprises to acquire listed companies in Hong Kong and becoming the first non-financial enterprise with a bank in China.

establishing the first joint-stock commercial bank in China

In 1987, China Merchants Bank, the first joint-stock commercial bank in Chinese mainland since 1949, became the starting point for the reform of banking management system in China.

Establishing the first joint-stock insurance company in China

In 1988, China Merchants initiated the establishment of the first insurance company in Chinese mainland-China Ping An Insurance Company, and also acquired two insurance companies in London and Hong Kong, becoming the first China enterprise to enter the international insurance market.

The 26th largest state-owned enterprise in China

From 24 to 29, China Merchants was rated as an A-level central enterprise by the State-owned Assets Supervision and Administration Commission of the State Council for six consecutive years, and it was one of only 12 "6A"-level central enterprises. In 27, China Merchants was awarded the title of "Outstanding Enterprise" by the State Council State-owned Assets Supervision and Administration Commission. By the end of 21, China Merchants Group had total assets of 3,28 trillion yuan and total assets under management of 2.6 trillion yuan. In 21, China Merchants Group continued to resume its growth, and exceeded the highest annual profit level before the financial crisis in 28, reaching a record high, with a total profit of 21.634 billion yuan and a net profit of 12.27 billion yuan from its parent company, ranking ninth among the central enterprises.

China's first Chinese-funded enterprise listed in Hong Kong

In 1992, China Merchants International (listing number: 144) was listed on the Hong Kong Stock Exchange, which set a precedent for Chinese-funded enterprises to list in Hong Kong, and was oversubscribed by 374 times, with an increase of over 2% on the first day, setting a record for the Hong Kong stock market. China Merchants International is a constituent stock of Hong Kong Hang Seng Chinese Enterprises Index.

National preferential policies

The national authorities have given China Merchants a lot of preferential policies in many aspects, such as paying profits, participating in investment in domestic transportation infrastructure projects, taxation and land use in its Shekou Industrial Zone and Zhangzhou Development Zone, and external financing. * * * General situation of organs

China Merchants Bureau refers to the official unit set up by local authorities to strengthen the promotion of investment attraction. In some areas of our country, it is also called "Investment Promotion Bureau", and it is a public institution directly under the city (county) (similar to Party School, Archives Bureau, Sports Bureau, Administration Bureau, etc.). Mainly responsible for the city (county) investment work of integration, coordination, assessment and service. Origin

The establishment of China Merchants Bureau is not a necessary department under the system, such as state ministries and commissions and provincial organs, and there is generally no China Merchants Bureau. It is said that only Sichuan Province, which is located in the Chengdu-Chongqing Economic Belt, has established China Merchants Bureau at the city and county level. China Merchants Bureau is generally established as a ministry-committee-run institution and institution subordinate to * * * in cities and counties. The level of investment promotion bureau chief is the largest bureau-level cadre, and most of them are county-level or bureau-level cadres.

rank is one aspect, but treatment is another. At the beginning of the establishment of China Merchants Bureau in different regions, the situation was different. Most of them were drawn from the staff of various organs and departments, while others were temporarily formed from the "capable people" in society for the purpose of placing personnel and promoting cadres. Therefore, the quality and ability, life experience and temperament of investment promotion cadres are very different.

Objectively speaking, China Merchants: Some places are business bureaus and some places are administrative bureaus, but in general, they are public institutions, such as directly under the authority, which is similar to archives bureau and sports bureau. At present, there are many functions, busy work and good treatment.

In many places, the top leaders or deputy leaders of China Merchants are directly and openly selected from the society. In some cases, the leaders of China Merchants Bureau must finish it every year.