Shanghai Shendi Group

Shanghai Shendi Group’s official company report says it was established on August 8, 2010, with Shanghai government approval, as a functional state-owned enterprise group. The report assigns it responsibility for land development, infrastructure construction and related industry development in Shanghai International Tourism and Resorts Zone, as well as joint investment, construction, management and operation of the Shanghai Disney project with The Walt Disney Company. Shendi’s current project page continues to identify Shanghai Disney Resort as a group project. [1] [4]

The ownership structure is deliberately split between resort assets and management. Disney’s 2025 SEC filing reports that Shendi owns 57 percent of Shanghai Disney Resort and Disney owns 43 percent; the management company is instead 70 percent owned by Disney and 30 percent by Shendi. The filing also describes the resort as a Pudong destination containing Shanghai Disneyland, two themed hotels, Disneytown and an outdoor recreation area. [2]

Shendi’s current development role extends beyond the theme-park gates. A 2025 Shanghai Disney Resort release says a new employee residential community was invested by Shendi, constructed by Shanghai Urban Construction Municipal Engineering and developed and managed by a Shendi subsidiary. The project was described as the first development in the resort’s south parcel and includes housing, a sports center, food-and-beverage services, shared recreation and landscaped outdoor areas. That activity is consistent with Shendi’s stated remit for destination infrastructure and related tourism-zone development. [3]