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.
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.