【Dahe CaiFang News】On October 11, Shangqiu Development and Investment Group announced that Zhao Tao was appointed as the chairman of the company and Liu Benchun was appointed as the general manager. Xue Tianjiang no longer serves as the chairman and general manager of the company.

The equity relationship shows that the Shangqiu Municipal Finance Bureau and the Henan Provincial Department of Finance hold 90% and 10% of the equity of Shangqiu Development and Investment Group respectively. The Shangqiu Development and Investment Group has a number of subsidiaries such as Shangqiu Fa Investment Trading Co., Ltd., Shangqiu City Development Co., Ltd., Shangqiu Fa Investment Logistics Co., Ltd., and Shangqiu Railway Investment Co., Ltd.
Financial data shows that as of the end of the first half of 2021, the total assets of Shangqiu Development Investment Group were 117.48 billion yuan. In the first half of this year, the company's revenue was 3.53 billion yuan, and the net profit attributable to the mother was 88.894 million yuan.
Editor-in-charge: Chen Yuyao | Review: Li Zhen | Director: Wan Junwei