Shanghai Yidian Holding (Group) Company (Hereinafter referred to as "Shanghai Yidian") is a state-owned assets operation company approved by Shanghai Municipal Government and authorized by Shanghai State-owned Assets Supervision and Administration Commission. It is a wholly state-owned holding group company with independent legal person status.

The history of Shanghai Yidian dates back to the year 1960, when Shanghai Municipal Instrument & Telecommunication Bureau , the predecessor of Shanghai Yidian, was established. From the 1960s to the 1980s, the Bureau organized the establishment of a cluster of large and medium-sized enterprises of the instrument and electronics industry,which evolved into an industry zone -- Caohejing Industrial Park of Instruments & Electronics. A total of 133 unprecedented and innovative new products and technologies originated in these enterprises and made important contributions to China's instrument industry development. In the mid-1980s, Shanghai's instrument and electronics industry contributed half of the national total. Color TVs, radios & tape recorders, computers, radars, telephones, oscilloscopes, automation and analytical instruments made in Shanghai all held leading positions in terms of quality and sales volume in China.

Shanghai's instrument and electronics industry is one of the earliest to implement the reform of state-owned assets and enterprises in Shanghai. In Dec. 1993, Instrument & Electronics Stated-owned Assets Operation and Management Corporation was established. In May 1995 the corporation was renamed Shanghai Yidian Holding (Group) Company. In the meantime, the government institution of Shanghai Municipal Instrument & Telecommunication Bureau was dissolved. Shanghai Yidian assumed leadership in the reform of state-owned assets management system nationwide. Through years of hard efforts, Shanghai Yidian has completed enterprise organizational restructuring, product mix readjustment, industrial restructuring and factory layout and structure realignment; resolved historical problems such as over-staffing and bad debts; overcome major challenges in product, organizational and operational mechanism that state-owned enterprises had to face during the transition from the planned economy toward the market economy. The overall reorganization and restructuring has completely transformed the Group and put it on a track of sustainable and rapid development.

Entering the 21st century, Shanghai Yidian defines "equity management, property management and assets management" as the primary focus of its capital operati-on activities, and actively constructs a new state-owned assets operation framework and system. Aimed at continuously expanding the state-owned capital size and improving its profitability, Shanghai Yidian strives to become a first-class state-owned assets operation company in China.

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