Core Viewpoint - Shanghai Port Group, in collaboration with Shanghai International Group and other state-owned enterprises, has announced the establishment of Shanghai Guomao Holdings Co., Ltd., with the registration planned in Putuo District, Shanghai. This marks the final stage of the establishment process following government approval [1][4]. Investment Structure - The registered capital of the new company is set at 13 billion RMB, with Shanghai International Group contributing 3 billion RMB for a 23.08% stake, Shanghai Port Group contributing 2 billion RMB for a 15.38% stake, and other state-owned enterprises contributing a total of 8 billion RMB for a 61.54% stake [4][5]. Business Scope - Shanghai Guomao will have a broad operational scope, including investment, information services, trade brokerage, domestic trade agency, import and export business, supply chain management, offshore trade, domestic container cargo transportation agency, port operations, mineral processing, metal ore sales, gas operations, biomass fuel production and supply, wholesale of agricultural products, primary agricultural product procurement, sales of agricultural by-products, and sales of chemical products (excluding licensed chemical products) [4][6]. Strategic Importance - The establishment of Shanghai Guomao is seen as a strategic move to enhance the influence of Shanghai's state-owned enterprises in domestic and international bulk trade. With the backing of Shanghai Port Group, the new entity aims to leverage public terminal resources and logistics supply chain systems to strengthen Shanghai's role as an international shipping hub [6]. Government Initiatives - The Shanghai government has been actively forming specialized state-owned platforms in key sectors, optimizing the layout of state capital, and promoting resource integration and functional upgrades. The establishment of Shanghai Guomao is part of these ongoing efforts to enhance the capabilities of the Shanghai International Shipping Center and support the development of the Shanghai International Trade Center [6].