# Shandong Heavy Industry Group

Shandong Heavy Industry Group is a Government / Public Body based in Jinan, China.

## Overview

- **Organization type:** Government / Public Body
- **Headquarters:** Jinan, China
- **Region:** Asia
- **Address:** Sinotruk Future Technology Building, No. 688, Shunhua South Road, Licheng District, Jinan, Shandong, China
- **Founded:** 2009
- **Assets under management:** 71256 (Altss estimate)
- **Website:** www.shig.com.cn
- **LinkedIn:** https://www.linkedin.com/company/shandong-heavy-industry-group-co-ltd

## Regulatory record

- **Reports private funds:** No

## About

Shandong Heavy Industry Group formed in 2009. The government agency sits in China. It invests in business services, consumer discretionary, financial and insurance services, healthcare, information technology, and manufacturing.

## Sectors

- Automobiles
- Industrials
- Manufacturing
- Ship Building & Repair

## People

- Man Shengang — Chairman
- Tan Xuguang — Founder
- Wang Zhijian — General Manager and Deputy Secretary of the Party Committee

## Questions

### Who runs investment decisions at Shandong Heavy Industry Group?

Man Shengang serves as chairman. Tan Xuguang founded the group and shaped its early expansion. Shandong Provincial SASAC retains final authority over major capital allocations.

### How does Shandong Heavy Industry Group source proprietary deal flow?

The group sources opportunities through its existing subsidiaries and state-directed mandates. Acquisitions such as Ferretti in 2012 originated from government-supported industrial consolidation.

### Does Shandong Heavy Industry Group participate in fund commitments or only direct deals?

The group executes direct ownership transactions and listed equity positions. No external fund commitments appear in disclosed holdings.

### What investment stages does Shandong Heavy Industry Group typically target?

The group focuses on established industrial operating companies. Holdings span mature manufacturing assets in China and Europe.

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/shandong-heavy-industry-group

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