The first central enterprise group was born, with total assets exceeding 11 trillion yuan and net profit exceeding 130 billion yuan

Recently, major companies have announced their performance reports for the first half of 2021. From the overall data, 1,800 listed companies have published semi-annual reports, of which more than 70% are reporting good news, especially in the steel, chemical, construction, and machinery industries. Outstanding performance, more than 200 companies have successfully turned losses into profits.

For example, the pre-happy rate of the national steel industry is as high as 90%. The total profit of key steel companies in the first half of the year exceeded 220 billion, an increase of more than two times. Among them, the net profit of 17 steel companies increased by more than 100%.

In addition, the performance of the chemical industry is also very outstanding. The industry pre-happy rate exceeds 80%. The net profit of nearly 20 companies has increased by more than 10 times. The mechanical equipment industry’s pre-happy rate is also as high as 80%. Even the two barrels of oil, which used to lose money, had a total estimated profit of 100 billion in the first half of this year, successfully turning over.

There is also good news: In the 2021 Fortune Global 500 list, China's shortlisted companies have become the world's No. 1 for two consecutive years. This year, 143 companies are on the list, while the United States has 122 companies and Japan has 53 companies, which are less than China. At the same time, the average profit of China's listed companies has steadily increased year after year, and both the quantity and quality have achieved progress.

Among them, China Resources Group and China Merchants Group each have two Fortune 500 companies, which have become special existences. Among them, in addition to China Resources Co., Ltd., China Resources Group also has China Resources Land, a newly listed subsidiary; China Merchants Group also has two Fortune 500 companies: China Merchants Group and China Merchants Bank.

On August 12, China Merchants Group announced the first half of the financial report. According to the first half of 2021 performance data disclosed by the group, the operating income of China Merchants Group reached 427 billion yuan in the first half of the year, an increase of over 16%, and the net profit reached 78.3 billion yuan. The growth rate is as high as 30%, and the performance is very impressive, with a daily profit of 430 million yuan in the first half of the year.

You should know that China Merchants Group’s net profit, total assets and other indicators have ranked first among central enterprises for many years. The “central enterprises” here refer to 96 industrial central enterprise groups supervised by the State-owned Assets Supervision and Administration Commission. China Merchants Group ranks first in many indicators. 1. As of the end of June this year, China Merchants Group's total assets exceeded RMB 11 trillion, making it the “first central enterprise group”.

At the same time, China Merchants Group is also called China’s "first consortium" by the media. The total assets of more than 11 trillion are enough to crush more than 95% of domestic enterprises. Moreover, China Merchants Group’s business segments are all physical manufacturing industries, which can The annual profit reaches the level of 100 billion yuan. It must be said that the strength of China Merchants Group is quite outstanding.

Speaking of net profit, China Merchants Group's net profit in 2020 will reach 137.1 billion yuan, ranking first among central enterprises (96 industrial central enterprises). Even China Resources Group, Poly Group, and CITIC Group can’t match, and China Merchants Group’s assets The total amount also exceeds these three large central enterprise groups.

What many people don't know is that China Merchants Group has a very long history. It was founded by Li Hongzhang, a minister in the late Qing Dynasty, and has a history of more than 100 years. It is a true century-old enterprise, so it also has the term "Hundred-Year China Merchants". Today's China Merchants Group has long developed into a large multinational corporation giant spanning multiple business areas.

China Merchants Group has created many firsts in the domestic business community. China Merchants Bank is my country’s first joint-stock commercial bank, and Ping An Insurance is the first domestic joint-stock insurance company, including the first merchant fleet and the first bank in modern China. They were all founded by China Merchants Group.

At present, the core business of China Merchants Group is integrated transportation, urban and park development, and finance. China Merchants Group has invested and operated more than 10 container hub ports in China, and also covered more than 60 ports worldwide. The group's cargo throughput ranks first in the world. It also invests in and operates roads, bridges and toll roads in 20 provinces in China, with more than 300 ships. Large ships and more than 1,000 freight logistics companies.

China Merchants Group's financial business is also very good, including China Merchants Bank, China Merchants Securities, Boshi Fund, Renhe Insurance, China Merchants Venture Capital, China Merchants Capital, China Merchants Finance and many other companies. Among them, Boshi Fund’s assets are as high as RMB 1.33 trillion. , China Merchants Capital has nearly 300 billion assets under management.

China Merchants Group’s cities and parks are built in more than 110 cities around the world, such as China-Belarusian Industrial Park, Djibouti International Free Trade Zone, Sri Lanka Hambantota Lingang Industrial Park, Laos Saiseta Comprehensive Development Zone, etc. China Merchants Group is A large-scale representative enterprise of the domestic real economy, involved in shipping, port and highway operations, logistics, equipment manufacturing, freight export, park development and other industries, the first central enterprise group deserves its name.