Shentong Metro Group


Shanghai Shentong Metro Group Co., Ltd. known as Shentong Metro Group is the operator of Shanghai Metro and Shanghai Maglev Train, as well as the parent company of the listed company Shanghai Shentong Metro Co., Ltd. which owned the concession to run Line 1 until 2021. Shentong Metro Group itself, is a subsidiary of Shanghai Jiushi Group, a state-owned enterprise. The minority interests was owned by another Shanghai state-owned enterprise Shanghai Municipal Investment Group..
The company received huge subsidies in order to provide affordable transport in Shanghai. In 2015 the company increased the share capital from to.
Shen is the alternative name of Shanghai, while Tong literally means transportation.
The group was planned to inject real estate assets to the listed subsidiary in 2017. However, the plan was scrapped in June 2017.

Subsidiaries