Shanghai Dazhong Public Utilities (Group) Co., Ltd. (“DZUG”) was established on December 24, 1991, in the original name of Shanghai Pudong Dazhong Taxi Co., Ltd., which was the first joint-stock company in China’s taxi industry, and also the first listed company after the establishment of Pudong New Area. The company was officially listed on Shanghai Stock Exchange on March 4, 1993 for trading (stock code: 600635).

In May of 2003, the company was renamed “Shanghai Dazhong Public Utilities (Group) Co., Ltd.” On December 5, 2016, the company’s H-shares were listed on the main board of HKEX (stock code:1635). Over the development to three decades, the company evolved, simultaneously with the opening of Shanghai’s Pudong New Area, from the first listed transportation enterprise to an investment holding company focusing on public utilities and financial investments. As of December 31, 2020, the company’s total assets stood at RMB 23.622 billion, and its net assets reached RMB 9.876 billion, with the market capitalization of RMB 12.223 billion. A total of RMB 3.472 billion has been paid to shareholders in cash and bonus shares.

The gas sector is DZUG’s core business. Shanghai Dazhong Gas Co., Ltd., DZUG’s subsidiary, is a large urban gas enterprise that engages in the transmission, sales and services of gas business, whose market share accounts for nearly 40% of Shanghai’s gas sales market. Shanghai Dazhong Gas also sees almost 2 million gas end-users, and owns more than 6,500 kilometers of underground pipelines.

The environment & infrastructure sector is DZUG’s rapidly-growing business. Currently, the sector covers the areas of sewage treatment, tunnel, road construction, etc., through the operation of Shanghai Dazhong Jiading Sewage Treatment Co., Ltd., Jiangsu Dazhong Water Group Co., Ltd., Shanghai Xiangyin Road Tunnel, etc.

The financial investment sector is DZUG’s strongly-pushed business, following the boom in capital markets during the recent years. The company has already invested in the equities of enterprises in the areas of banking, securities, funds, and finance, etc., and the ones that plan to be listed in the foreseeable future. Moreover, the company owns multiple venture capital platforms, i.e. the wholly-owned “Dazhong Capital”, the partially-owned “Shenzhen Capital Group” and “Xingye VC”; after years of development, the company has seen over 100 listed enterprises, via direct investment and the VC platforms.

Since its listing, the company has created a fine corporate image. The company’s stock is a constituent of Dow Jones China Index, CSI 300 Index, SSE 180 Index, SSE 180 Relative Growth Index, SSE 180 Relative Value Index, SSE Corporate Governance Index, etc. The company has won the “Top-100 Listed Companies Golden Bull Award for Shareholder Returns” for multiple times, was included in the “Top-10 Listed Enterprises for Being Socially Responsible”, as well as “Shanghai’s Top-100 Enterprises”, and won the “Integrity Creation Enterprises”, “China Financing Grand Award” honours. In addition, the company has been included in the “Financial Market’s Classic Cases” for many years consecutively.