China Merchants Shekou Industrial Zone Holdings

China Merchants Shekou Industrial Zone Holdings
SZSE: 001979
IndustryReal Estate
Headquarters,
Key people
Yong Jun Xu (CEO)
Revenue$12.1 billion (2018)
Number of employees
24,791 (2018)
ParentChina Merchants Group
Footnotes / references
[1][2]

China Merchants Shekou Industrial Zone Holdings Co., Ltd (SZSE: 001979; CMSK; Chinese: 招商局蛇口工业区控股股份有限公司 or 招商蛇口) is a Chinese public company based in Shenzhen. The company itself is a subsidiary of China Merchants Group. It was founded in 1978.

The company privatized China Merchants Property, a blue chip of Shenzhen Stock Exchange, in turn floated itself to the same exchange. Shekou Industrial Zone Holdings also owned Shenzhen Nanyou Holdings.

Core Operations

The firm operates three primary sectors:[3]

  • Property Development: Built 146 mixed-use complexes, including the 1.8 km² Sea World Cultural Arts Center in Shekou.
  • Industrial Parks: Manages 38 innovation hubs like the 4.5 km² Qianhai Shenzhen-Hong Kong Modern Service Zone, hosting 9,500 tech firms.
  • Cruise Economy: Operates Wusongkou International Cruise Terminal (Shanghai), handling 1.2 million passengers annually pre-pandemic.

References

  1. ^ "China Merchants Shekou Industrial Zone Holdings | Company Overview & News". Forbes. Archived from the original on 2022-09-27.
  2. ^ "001979: China Merchants Shekou Industrial Zone Holdings Co Ltd Stock Price Quote - Shenzhen - Bloomberg Markets". Bloomberg News. Archived from the original on 2022-05-06.
  3. ^ "全面深化前海深港现代服务业合作区改革开放方案". politics.people.com.cn (in Chinese). 2021-09-07. Retrieved 2025-02-12.