Brief introduction of China Merchants Group:
China Merchants Group (hereinafter referred to as China Merchants Group) is an important state-owned backbone enterprise directly managed by the central government. Headquartered in Hong Kong, it is one of the earliest Chinese-funded enterprises established and operated in Hong Kong. It is a century-old central enterprise, a comprehensive central enterprise and a central enterprise stationed in Hong Kong.
In 2022, China Merchants Group maintained a steady and progressive development trend, and its main business indicators reached a new high. In 2022, the operating income was 959 billion yuan, up 3.2% year-on-year, the total profit was 2 193 billion yuan, up 3.3% year-on-year, and the net profit was179.6 billion yuan, up 5.9% year-on-year. By the end of 2022, the total assets 12.4 trillion yuan, of which the asset scale and net profit are in the forefront of central enterprises. China Merchants Group has been a central enterprise and an excellent enterprise for six consecutive years, and obtained the State Council SASAC A-level performance appraisal with 18. In 2022, China Merchants was officially transformed from a pilot enterprise of a state-owned capital investment company to a state-owned capital investment company. China Merchants continues to have two Fortune 500 companies, and the rankings of China Merchants Group and China Merchants Bank continue to improve.
China Merchants is a pioneer of national industry and commerce in China, which was founded in the period of 1872 Westernization Movement. China Merchants is the first joint-stock company in modern China. It once set up the first merchant fleet in modern China, opened the first bank and the first insurance company in China, initiated the modern national shipping industry in China, promoted the development of many other modern industries, and played an important role in the modern economic history and social development history of China. China Merchants 1978 joined the reform and opening up, and 1979 began to develop Shekou Industrial Zone, the first industrial zone fully open to the outside world in China, and successively established China Merchants Bank, the first joint-stock commercial bank wholly owned by an enterprise legal person in China, and Ping An Insurance, the first joint-stock insurance company in China, which provided useful experience for the exploration of China's reform and opening up.