Shanghai Dazhong Public Utilities (Group) Co., Ltd. Class H
Shanghai Dazhong Public Utilities (Group) Co., Ltd. operates as an investment holding company with primary involvement in crucial public services across the People's Republic of China, focusing predominantly on piped gas distribution and wastewater management. Its multifaceted operations are structured into four key divisions: Piped Gas Supply, Wastewater Treatment, Public Infrastructure Projects, and Transportation Services. The company's gas segment is responsible for the sale, distribution, and provision of piped natural gas, alongside the construction and installation of gas infrastructure. Its wastewater division handles the treatment and processing of urban wastewater. Under its comprehensive transportation arm, the company provides car, taxi, and tourist vehicle rentals, freight services, relocation assistance, liquefied petroleum gas delivery, and tourism packages, in addition to managing the Dazhong Chuxing platform. Beyond these core utility and transport services, Shanghai Dazhong engages in a broad spectrum of infrastructure activities, including investment, construction, operation, maintenance, and safeguarding of public projects. It also extends its reach to general transportation, storage, postal services, and the retail of gas-related merchandise. Further diversifying its portfolio, the company offers financial services like financial leasing and pre-paid cards, participates in scientific research and technological development, and invests in venture capital endeavors. Its extensive activities also encompass municipal road operations, agricultural development, payment processing, asset management, and financial advisory services. The company maintains substantial assets, including an extensive natural gas pipeline network spanning approximately 6,867 kilometers and a fleet of 1,000 operational vehicles. Founded in Shanghai in 1991, the company was originally named Shanghai Pudong Dazhong Taxi Co., Ltd. before adopting its current name in May 2003.