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China Merchants Group (CMG) is a state-owned backbone enterprise headquartered in Hong Kong. It is under the direct supervision of the State-owned Assets Supervision and Administration Commission of the State Council (SASAC). Its overall characteristics can be summarised as: a century-old central enterprise, an integrated central enterprise and a central enterprise based in Hong Kong.

In 2020, China Merchants Group achieved record-high economic indicators: revenue of RMB814.8 billion, up 14.1% year-on-year; total profit of RMB175.4 billion, up 7.6% year-on-year; net profit of RMB137.3 billion, up 8.5% year-on-year; total assets reached RMB10.4 trillion by the end of 2020, with total assets and net profit ranking first among central SOEs. China Merchants Group became one of the eight central SOEs awarded A grade by the SASAC for 16 consecutive years and the Excellent Performance Enterprise for five consecutive terms. In the Fortune 500 list released in 2020, China Merchants Group and its subsidiary China Merchants Bank were again included in the list, making China Merchants Group the enterprise with two Fortune 500 companies.