In 2025, the total assets of Shanghai state-owned enterprises will reach 32.5 trillion yuan

On January 23, according to data disclosed by the Shanghai State-owned Assets Supervision and Administration Commission, the total assets of Shanghai's local state-owned enterprises will reach 32.5 trillion yuan by 2025, setting a new historical high. At the same time, the total profit and net profit attributable to the parent company have year-on-year growth rates of 12.3% and 11.2%, respectively, both reaching a five-year high. In addition, the comparable growth rate of industrial output value of enterprises supervised by the Shanghai State-owned Assets Supervision and Administration Commission, the weighted average growth rate of financial industry statistical indicators, and the growth rate of total foreign trade import and export volume are 10.5%, 20.7%, and 7.9%, respectively. The total market value of listed companies controlled by Shanghai's local state-owned enterprises has reached 3.2 trillion yuan, also setting a historical high