Shanghai Tobacco Group Co., Ltd. is a subsidiary of state-owned China Tobacco. The company produced Chunghwa, Double Happiness, Zhongnanhai and other brands. The company is also a minority shareholder of Bank of Communications, Orient Securities,[1] Haitong Securities and China Pacific Insurance Company[2] via Shanghai Haiyan Investment Management.

References

  1. ↑ "2015 Annual Report" (PDF). Orient Securities (in Chinese). Shanghai Stock Exchange. 14 March 2016. Retrieved 12 November 2016.
  2. ↑ "2015 Annual Report" (PDF). China Pacific Insurance Company. Hong Kong Stock Exchange. 27 April 2016. Retrieved 20 October 2016.
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