China Merchants Group holds 2021 mid-year work conference

2021-08-12

On August 12, China Merchants Group held the 2021 mid-year work conference. In the first half of the year, the Group scientifically coordinated epidemic prevention and control, as well as production and operation, maintained a steady and sound trend of growth. The Group achieved an operating income of 427 billion yuan, a year-on-year increase of 16.3%, a net profit of 78.3 billion yuan, a year-on-year increase of 30.5%, and total assets of over 11 trillion yuan. In the 2020 performance evaluation results of central SOEs recently announced by the SASAC, the Group has been awarded A Grade for 17 consecutive years. In the 2021 Fortune Global 500 list, the Group and China Merchants Bank again entered and rose to 163 and 162, respectively.

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CMG, founded in the Westernization Movement in 1872, is a pioneer in China's national industry and commerce. During past 140 years, CMG made a lot of firsts and acted as a leader in different business fields, like setting up the first commercial fleet, bank, insurance company in modern China. CMG plays an important role in economic history and social development history of modern China...

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