00576 ZHEJIANGEXPRESS
WatchlistAbout ZHEJIANGEXPRESS Company
Zhejiang Shanghai-Hangzhou-Ningbo is a listed company mainly engaged in the investment, development, operation and securities business of high-grade highways. 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 main assets operated by the Group 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 Hangzhouhui Expressway, the 82-kilometer Huihang Expressway, the 46-kilometer Zhoushan Cross-Sea Bridge, the 22-kilometer Longli Lilong Expressway, and the 50-kilometer Chajiasu Expressway. Among them, 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 December 31, 2022, the total assets of the Company and its subsidiaries were RMB 186.4 billion and 5.52 million. The controlling shareholder of the Company, Transportation Group, 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 various industries such as highway investment, operation, maintenance, toll collection and supporting services, transportation engineering construction and construction, ocean and coastal transportation, and real estate. On July 11, 2016, the Zhejiang Provincial Committee and the Zhejiang Provincial Government merged and reorganized Transportation Group and Zhejiang Railway Investment Group Co., Ltd. In July 2018, the Zhejiang Provincial Committee and the Zhejiang Provincial Government merged and reorganized the Provincial Transportation Group and Zhejiang Commercial Group Co., Ltd. After the merger and restructuring, the transportation group will assume overall responsibility for investment and 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 total issued share capital of the Company, were listed on the Hong Kong Stock Exchange on May 15, 1997, and then re-listed on the London Stock Exchange on May 5, 2000. On the basis of managing the Group's existing expressway business, we will expand the scale of our main business, enhance our core competitiveness, improve the securities finance business, and increase its profit contribution to the Group. In the future, the company will actively seize opportunities to invest in high-quality projects and aim to build the company into an international investment holding enterprise whose main business is investment and operation of transportation infrastructure. Announcement on October 27, 2023: Wu Wei assumes the position of general manager.
Company Profile
Company Executives
- Name
- Position
- Salary
- Yingjie Yuan
- Strategy Committee Chairman，Authorized Representative，Chairman，Non-Executive Director，Nomination Committee Chairman
- 672.00K
- Wei Wu
- GM，Member of the Strategy Committee，Executive Director，Authorized Representative
- --
- Wei Li
- Executive Director，Member of the Strategy Committee，Deputy GM
- --
- Xudong Yang
- Non-Executive Director
- --
- Ye Fan
- Nomination Committee Member，Non-Executive Director，Remuneration Committee Member，Audit Committee Member
- --
- Jianzhang Huang
- Remuneration Committee Member，Non-Executive Director，Audit Committee Member
- --
- Kewei Bei
- Independent Non-Executive Director，Nomination Committee Member，Audit Committee Chairman，Remuneration Committee Chairman
- 223.00K
- Weicheng Li
- Nomination Committee Member，Audit Committee Member，Remuneration Committee Member，Independent Non-Executive Director
- 223.00K
- Bin Chen
- Audit Committee Member，Remuneration Committee Member，Nomination Committee Member，Independent Non-Executive Director
- 81.00K
- Yuan Li
- Shareholders' representatives and supervisors
- --
- Xinghai Lu
- Employee representative supervisor
- --
- Yubing Wang
- Manager of Discipline Inspection, Supervision and Audit Department，Employee representative supervisor
- --
- Meiyun He
- Independent Supervisor
- 9.00K
- Qingwang Wu
- Independent Supervisor
- 6.00K
- Hui Zheng
- Deputy GM，Company Secretary
- --
- Xiuhua Zhang
- Deputy GM
- --
- Bingjiong Wang
- Party Committee Member，Deputy GM
- --
- Xiangyang Wu
- Deputy GM
- --
- Dongquan Zhao
- Deputy GM
- --
- Liya Ruan
- Finance Director
- --
- Ting Ma
- Union Chairman
- --
- Wenwei Lu
- Shareholders' representatives and supervisors
- --