The company was incorporated in Shenzhen, China on March 6, 1996 in accordance with the “Company Law”. In May 1996, the H shares and ADS issued by the company were listed on the Stock Exchange and the New York Stock Exchange respectively; in 2006/12, the A shares issued by the company were listed on the Shanghai Stock Exchange; in January 2007, the company used the capital raised by issuing A shares to successfully acquire the Guangzhou-Pingshi section railway (the southern section of the Beijing-Guangzhou Line), and the company's business scope went from regional railways to the national railway backbone network; in November 2020, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021, the company's ADS stopped trading on the US OTC market; in October 2021 In October 2022, the company applied to the US Securities and Exchange Commission for the cancellation of ADS registration and termination of reporting obligations; in January 2023, the company's ADS deregulation was completed. Currently, the company is the only railway transport company listed in Shanghai and Hong Kong in China. The company mainly engages in railway passenger and cargo transportation business and cooperates with the Hong Kong Railway Company Limited to operate the Cross-Harbour Express passenger train transportation business, and provides railway operation services to other domestic railway companies. The company also engages in other businesses consistent with the company's purpose, such as comprehensive railway facility technology services, commercial trade, and the establishment of various industries. The Shenzhen-Guangzhou-Pingshi Railway, operated independently by the company, has an operating mileage of 481.2 kilometers and runs longitudinally through the entire territory of Guangdong Province. The Guangping section is one of the main railway routes from mainland China to Hong Kong, connecting Beijing-Guangzhou, Beijing-Kowloon, Sanmao, Pingnan, Pingyan, the Xia-Shenzhen Railway, the Sui-Guanshen Intercity Railway, the Ganshen Railway and the East Railway Line of the Hong Kong Railway. It is an important part of China's railway transportation network. The passenger transport business is the company's main transportation business, including Guangzhou-Shenzhen intercity trains (including Guangzhou-East to Chaoshan intercity trains), long-distance buses, and direct bus transportation services across the port. The company's Guangzhou-Shenzhen intercity trains are operated by public transportation. On average, 1 pair of “Harmony” electric trains run between Guangzhou-Shenzhen every 10 minutes during peak passenger traffic periods. The cross-harbour express operated by the company in cooperation with the Hong Kong Railway Company Limited is one of the important means of transportation between Hong Kong and Hong Kong. The company organizes a number of long-distance passenger trains that start and end at Guangzhou and Shenzhen, reaching most provinces, autonomous regions and municipalities directly under the Central Government. The freight business is an important transportation business for the company. The company not only has complete freight facilities and can effectively transport vehicles, LTL, containers, bulky goods, dangerous goods, fresh goods, and oversized goods, but the railway lines it operates are closely connected to major ports in Guangzhou and Shenzhen. At the same time, it is also connected to a number of large industrial zones, logistics parks and mining enterprises in the Pearl River Delta region through special railway lines. The company's main market for cargo transportation is medium- and long-distance transportation in inland China, and it has a competitive advantage in medium- to long-distance cargo transportation in inland China. The railway operation service is an extended passenger and cargo transportation business developed by the company since the opening and operation of the Wuguang Railway in December 2009. At present, the company has provided this service to Wuguang Railway, Guangzhou-Zhuhai-Intercity Railway, Guangzhou-Shenzhen-Hong Kong Railway, Guangzhou-Zhuhai Railway, Xia-Shenzhen Railway, Guangdong Railway, Guiguang Railway, Pearl River Delta Intercity Railway, Maozhan Railway, Shenmao Railway, Meishan Railway, Guangshi Railway, Ganshen Railway and Nansha Port Railway. Railway operation services have become a new business growth point for the company. In the future, as a series of high-speed railways and intercity railways in the “Guangdong-Hong Kong-Macao Greater Bay Area” are completed and put into operation one after another, the company will provide a wider range of railway operation services.
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