Shanghai Jiushi Group
company in Shanghai

Shanghai Jiushi (Group) Co., Ltd. is a Chinese state-owned enterprise. It was supervised by the State-owned Assets Supervision and Administration Commission (SASAC) of the Shanghai Municipal People's Government.
Jiushi is the parent of several public transport companies of Shanghai, including the operator of Shanghai Public Transport Card, as well as equity investments in several listed companies based in Shanghai. The company also has a subsidiary that was the organizer of Chinese Grand Prix which was held in Shanghai International Circuit.
History
In 1986, Shanghai Government was allowed to use a maximum of US$3.2 billion foreign currencies through borrowings which was the catalyst of establishing Shanghai Jiushi Corporation (Chinese: 上海久事公司). According to the company, the name 久事; Jiǔshì is a wordplay on 94 (pinyin: Jiǔsì), which was the issue number of the document of the State Council regarding the use of such foreign currencies. The company was incorporated on 12 December 1987 under the Law on Industrial Enterprises Owned by the Whole People (Chinese: 全民所有制工业企业法). The Company Law of China was legislated in 1993.
Jiushi Group used the fund in Shanghai Metro, as well as other projects such as the renovation of Shanghai Hongqiao Airport.
“Shanghai Jiushi Group” enters the record as company in Shanghai. Crown Archives preserves that source wording while asking what Shanghai, Jiushi and Group can confirm, complicate or overturn.
Why this record matters
“Shanghai Jiushi Group” is worth following because a concise public description often conceals a longer documentary argument. Here, Shanghai, Jiushi and Group provides the most credible route into that argument.
Contemporary correspondence, administrative files and participant testimony can test how later narratives organized the event or institution. The source revision retrieved here is dated Jun 15, 2026. The linked authority identifier is Q15909588. 2 of 2 selected statements include explicit references; 0 carry qualifiers and 0 use preferred rank. The first chronological checks are 1986, 1987 and 1993.
Later summaries often reconcile disputed chronology or motive more neatly than the contemporary record permits. The lead is largely declarative, so disagreement and counter-evidence require a deliberate search beyond the opening account. Authority statements aid reconciliation but still require their own references, qualifiers and ranks to be checked.
How to read it
Compare institutional narratives with records created by participants and affected communities. Dates and formal titles are useful anchors, but not substitutes for context.
- Event chronology
- Institutional context
- Locating named record creators
Contemporary correspondence, government or organizational records, oral histories and cited historical scholarship.
Three-step research path
- Establish the record: confirm the title “Shanghai Jiushi Group”, its source revision and the description used here.
- Expand the search: follow Shanghai Jiushi Group primary sources, Shanghai Jiushi Group archive and Shanghai research across catalogues and specialist indexes.
- Test the account: compare the strongest cited source with the responsible institution’s current record and note any disagreement.
Questions for further research
- Which source most directly establishes the central claim about “Shanghai Jiushi Group”?
- Who created the surviving record, and for what administrative purpose?
- What chronology connects this entry to wider political or social change?
Search terms from this dossier
This entry incorporates text from “Shanghai Jiushi Group” on English Wikipedia. Contributors are listed in the page history. Text is available under the Creative Commons Attribution-ShareAlike 4.0 License. Selected authority identifiers and statements are retrieved from Wikidata under CC0; their references and qualifiers remain part of the verification path.