Shanghai Port Group (600018.SH) is planning to invest 2 billion yuan in collaboration with International Group and other partners to establish Shanghai Guomao.

Wisdom Finance and Economics APP news, Shanghai International Port Group (600018.SH) announced that, in order to better play its important role as a key entity in the construction of Shanghai International Shipping Center and to further enhance the level of port logistics services, the company plans to invest 2 billion yuan with its own funds, jointly with Shanghai International Group (referred to as "International Group") and several other enterprises, to establish Shanghai Guomao Holdings Co., Ltd. (referred to as "Shanghai Guomao"), with a shareholding ratio of 15.38%.