Shenzhen Expressway

Shenzhen Expressway Corporation Limited("Shenzhen Expressway")is a 52% owned subsidiary of the Group. Shenzhen Expressway is a joint stock limited company incorporated in the PRC and its H shares and A shares are listed on the Hong Kong Stock Exchange (stock code: 00548) and the Shanghai Stock Exchange (stock code: 600548), respectively. The Group has progressively strengthened and expanded its toll road and general environmental protection businesses through Shenzhen Expressway.

After over a decade's development, the Group has invested in and operated a total of 16 expressway projects across the PRC through Shenzhen Expressway, with total toll length of approximately 900 kilometers and the total toll length with controlling interest is more than 600 kilometers. The expressway projects are mainly located in Shenzhen, the Greater Bay Area, and other economically developed regions, with favorable geographical advantages. Shenzhen Expressway focus on innovative development, and actively introduces new technical means such as ETC and non-inductive payment to promote the intelligent and information construction of toll roads. It also actively participated in various regional urban infrastructure development projects. It is one of the first-tier listed companies within the toll road industry.

The Group will continue to advance the development of its toll road and general environmental protection businesses through Shenzhen Expressway. Regarding the toll road business, the Group will actively expand the investments, construction and management of the expressways, extend the concession periods of its expressway projects, expand its highway asset portfolio, reduce costs, improve efficiency, implement lean management and maintain a competitive edge in its toll road business through new construction, expansion, mergers and acquisitions, and resource integration. In terms of the general environmental protection business, the Group will continue to focus on solid waste treatment and clean energy power generation. It aims to accelerate business expansion and enhance operational capabilities while increasing resource investment and construction efforts.

http://www.sz-expressway.com

Updated on 16 September 2024