Shanghai Tower Construction and Development Co., Ltd. was set up on December 5, 2007. The Shanghai Tower Construction & Development Co., Ltd., represents an equity partnership between Shanghai Chengtou Corporation, Luijiazui Finance & Trade Zone Development Co., Ltd., and Shanghai Construction Group. The three shareholders jointly provide fund for the development, construction and operation of Shanghai Tower. With a registered capital of 8.6 billion yuan (US$ 1250 million), the three shareholders have equity ratios of 51 percent, 45 percent and 4 percent, respectively. Shanghai Tower aims to become a landmark building, powered by the funding, technology and experience of its shareholders. The tower is fully conversant with market demand, and completes the functional allocation of a high-rise, making it a respectable, green, vertical city. The staff pursues the “highest, noblest and most exquisite” design and development objectives for Shanghai Tower with the corporation spirit of “passion, harmony, innovation, and practicality”.
Under the Shanghai Tower Construction and Development Co., Ltd., Shanghai Tower Business Operations Co., Ltd. is responsible for the leasing, sightseeing, banquet and convention business; Shanghai Tower Jinjiang Hotel Asset Management Co., Ltd. is mainly responsible for cooperation with Jinjiang International Group in forging the new brand “J·Hotel” and creating the ultra-luxurious and tallest hotel in the world; Shanghai Tower CBRE Property Management Co., Ltd. is mainly responsible for the professional property management of Shanghai Tower and Shanghai Tower Properties Management Co., Ltd.