About ZHEJIANGEXPRESS Company
Zhejiang Shanghai-Hangzhou-Ningbo is a listed company mainly engaged in high-grade highway investment, development, operation and securities business. The Company was established on March 1, 1997 as an infrastructure company for the Zhejiang Provincial Government to invest, develop and operate highways and first-class motorways in Zhejiang Province. Its holding subsidiary, Zheshang Securities, is mainly engaged in securities business. The subsidiary was listed on the Shanghai Stock Exchange in June 2017 (Shanghai Stock Exchange number: 601878). The Group's main assets include the 248-kilometer Shanghai-Hangzhou-Ningbo Expressway, the 141-kilometer Shangsan Expressway, the 70-kilometer Jinhua section of the Yongjin Expressway, the 122-kilometer Hangzhou-Hui Expressway, the 82-kilometer Hui-Hang Expressway, the 46-kilometer Zhoushan Cross-Sea Bridge, the 222 km Longli Lilong Expressway, and the 50-kilometer Chajiasu Expressway. Of these, with the exception of the Huihang Expressway, which is located within China's Anhui Province, the other seven highways are all located within Zhejiang Province of China. As of 31 December 2022, the total assets of the Company and its subsidiaries were RMB 186.405.52 million. Transportation Group, the controlling shareholder of the Company, is a provincial transportation state-owned holding company established by the Zhejiang Provincial Government. It was incorporated on December 29, 2001. It is mainly engaged in diverse industries such as highway investment, operation, maintenance, toll and supporting services, transportation engineering construction and construction, ocean and coastal transportation, and real estate. On July 11, 2016, the Zhejiang Provincial Committee and Zhejiang Provincial Government merged to reorganize Transportation Group and Zhejiang Railway Investment Group Co., Ltd. In July 2018, the Zhejiang Provincial Committee and Zhejiang Provincial Government merged and reorganized Provincial Transportation Group and Zhejiang Commercial Group Co., Ltd. The transportation group after the merger and restructuring will assume overall responsibility for the investment, financing, construction, operation and management of transportation infrastructure such as highways, railways, important cross-regional rail transit, and integrated transportation hubs in Zhejiang Province. H shares, which account for about 33% of the company's total issued share capital, were listed on the Hong Kong Stock Exchange on 1997/5/15, and then listed on the London Stock Exchange for the second time on May 5, 2000. On the basis of managing the Group's existing expressway business, expand the scale of its main business, enhance its core competitiveness, improve the securities finance business, and increase its contribution to the Group's profit. In the future, the company will actively seize opportunities to invest in the acquisition of high-quality projects and commit to building the company into an international investment holding enterprise whose main business is transportation infrastructure investment and operation.
The relevant management office and subsidiary companies of Zhejiang Huhang District (00576) respectively signed design and construction contracts with the Institute of Digital Intelligence and Communications
Zhejiang Shanghai-Hangzhou (00576) announced that on September 22, 2023, the relevant management offices and subsidiaries of the company were divided...
Zhejiang Shanghai-Hangzhou-Hong Kong (00576.HK): Entered into an agreement to invest in the implementation of the Chajiasu Expressway (Nanhu Interchange to Zhejiang-Jiangsu Boundary Section) renovation and expansion project
Glonghui, September 14: Zhejiang Shanghai-Hangzhou-Hong Kong (00576.HK) announced that recently, the company and China Merchants Highway Network Technology Holdings Co., Ltd. (the only two shareholders of Jiaxing Chajiasu Expressway Co., Ltd. (“Chajiasu Company”), a non-wholly owned subsidiary of the company, and also represented Chajiasu Company), Zhejiang Highway and Transportation Management Center and Jiaxing Transportation Engineering Construction Management Service Center signed an agreement to invest in the implementation of the Chajiasu Expressway (Nanhu Interchange to Zhejiazhou-Jiangsu section). According to this, Chajiasu Company, as the designated project company to implement this project, will cooperate with Zhejiang Highway in due course
Hangzhou, Zhejiang (00576): Zheshang Securities plans to repurchase A-shares
Zhejiang Shanghai-Hangzhuang (00576) issued a notice to respond positively to the policy guidelines of the national government and regulatory authorities and enhance investment...