China Merchants Group (CMG), a key state-owned enterprise (SOE) directly administered by the central government, is headquartered in Hong Kong and stands as one of the earliest Chinese-funded enterprises established and operating in the region. As a century-old, comprehensive, and Hong Kong-based SOE, CMG has been upholding its corporate mission of “Drive progress of our times through success of our business” and core values of "Prosper with the country and thrive with the times". Dedicated to serving national prosperity, the rejuvenation of the Chinese nation, and the well-being of the people, CMG has actively participated in and borne witness to China's remarkable transition in modern history: from an era of lagging behind, through catching up with global progress, to ultimately emerging as a global leader.

CMG is a century-old SOE with a distinguished legacy. Established in 1872 during the Westernization Movement as a pioneer of China's national industry and commerce, CMG founded the nation's modern shipping industry and secured an important position in China's contemporary economic and social development history. Under the great initiative of reform and opening-up, CMG developed Shekou Industrial Zone in Shenzhen, the very first open industrial park in China with extensive global reach, propelled the epoch-defining slogan of "Time is money, and efficiency is life", and championed the ethos of "In empty talks the nation languishes, on solid efforts it flourishes," contributing valuable experience to China's reform and opening-up exploration. Embarking on a new journey in the new era, CMG is driving forward its vision of becoming a world-class enterprise through deeper reform and innovation. As a pioneer among state-owned capital investment companies and the first central enterprise to establish a financial holding company, CMG is setting the pace for high-quality development and making solid contributions to Chinese modernization.

CMG is a comprehensive enterprise with diverse business operations. Its primary focuses are on transportation and logistics, comprehensive finance, comprehensive development of cities and parks, and strategic and emerging tech ventures, with a presence in over 20 industries, including ports, shipping, logistics, ship repair and construction, highways, banking, securities, insurance, funds, real estate, industrial parks, property management, inspection and testing, biomaterials and biopharmaceuticals. CMG is now fully committed to its goal of becoming a globally competitive and innovation-driven conglomerate. Guided by its mission to strengthen the country through industry, serve the country through finance, and rejuvenate the country through science and technology, the Group leverages its unique strengths in integrating technology, industry, and finance. It continues to strengthen and expand its transportation, logistics, and comprehensive finance sectors, while enhancing its real estate and industrial park operations. At the same time, it is actively building the fourth pillar, the strategic and emerging tech ventures sector. CMG is advancing its “4×4” corporate cluster strategy, which aims to develop four world-class businesses, four China-leading businesses, four tech pioneers, and four future stars. Through these efforts, CMG is accelerating its transformation into a world-class enterprise, strengthening its core functions, and enhancing its core competitiveness. 

CMG is a Hong Kong-based SOE deeply rooted in the city. In 1873, CMG established a branch in Hong Kong to engage in the construction and operation of the city’s shipping industry. It has since served as a witness, participant, and driving force in Hong Kong’s development journey, maintaining a century-long partnership with the city. CMG has been implementing the "One Country, Two Systems" principle, remained committed to its deep engagement in Hong Kong, and fully integrated into the city’s socioeconomic development. It fulfills corporate responsibilities by actively participating in the development of "Three Centers and One Hub" in Hong Kong, contributing to the city’s long-term prosperity and stability through its high-quality development. CMG also supports Hong Kong’s deeper integration into the national development agenda and its transition from governance to prosperity. Leveraging Hong Kong's unique advantage as the bridge linking the nation with the world, CMG has made the city a strategic hub for its global operations. Accelerating its international expansion, the Group is fully committed to supporting high-quality Belt and Road cooperation. With its business presence spanning 68 countries worldwide, CMG stands as one of the most internationally oriented central enterprises.

In the new era and new journey, and with a strategic vision to sustain its century-old legacy, the Group has demonstrated corporate responsibility and persistent dedication. It has launched and is now accelerating its Third Pioneering Endeavor with historic resolve, developing new quality productive forces tailored to local conditions and its own business context. It propels the transformation of traditional industries toward higher value-added segments along the "Smiling Curve", while actively cultivating strategic emerging industries to forge a sustainable growth trajectory epitomized by the "Malik Curve" model. In 2025, CMG achieved operating revenues of RMB 882.2 billion, total profits of RMB 228 billion, and net profits of RMB 187.9 billion. Its total assets by year-end stood at RMB 15.6 trillion. It maintained its exemplary performance record, securing a grade A rating in the State-owned Assets Supervision and Administration Commission (SASAC) operational assessment for the 21st consecutive year, and has been honored as an "Outstanding Enterprise" throughout seven consecutive assessment periods.