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Corporate Profile
Anhui Expressway Company Limited (the “Company”) was incorporated
on 15th August 1996. The Company is the first PRC highway company listed in Hong
Kong. It is also the only listed highway company in Anhui Province. On13th November
1996, H Shares issued by the Company were listed on the Stock Exchange of Hong Kong
Limited. On 7th January 2003, A Shares issued by the Company were listed on Shanghai
Stock exchange.
At present, share capital structure of the Company is as follows:
Anhui Expressway Holding Corporation 518,581,000 shares 31.27%
Huajian Transportation Economic Development Center 347,019,000 shares 20.92%
H shares 493.010,000 shares 29.73%
A shares 300,000,000 shares 18.08%
Total 1,658,610,000 shares 100%
Currently, the Company holds the entire interests in Hening Expressway, New Tianchang
Section of National Trunk 205 and Lianhuo Expressway Anhui Section. The Company
also holds 55.47% interests in Xuanguang Expressway Company Limited; 51% interests
in Gaojie Expressway Company Limited; 65% interests in Kangcheng Pharmaceutical
Company Limited; 38% interests in Anhui Expressway Advertisement Company Limited
and 18% interests in Hefei Information Investment Company Limited.
The Company is principally engaged in holding, operation and development of toll
expressways and highways in Anhui province. Currently, the Company owns 4 expressways
and 1 Class One highway, there are Hening Expressway, Gaojie Expressway, Xuanguang
Expressway, Lianhuo Expressway Anhui Section and New Tianchang Section of National
Trunk 205, most of which are the national east-west ways. The Company plays an important
role in road transportation in Anhui Province as well as in the PRC.
In the future period, the Company will adopt the development strategy of intension
development combined with extension expansion:
The Company makes use of its accumulated vocation management experience to fully
develop the internal growth potential of the Company, reduce the operating cost
and improve the inherent competitive ability on the base of the existing road service
quality.
The Company grasps the opportunities and expands its operating scale of core business
through constant acquisition of good-quality expressways to improve the Company
' s economic effect and enhance the Company ' s overall strength.
Rapid development in the economy of the State and Anhui Province, the growth in
the number of the vehicle ownership and road mileage of the highways and the road
network effect ' s taking shape, provided a comprehensive and beneficial environment
for the operation of the Company. The Company will grasp the opportunity to make
it have vivid core business, stable operations, perfect corporate governance structure
and good management level and provide satisfactory return to all the shareholders.
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