Anhui Expressway Company LimitedAnhui 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.
Currently, the Company holds the entire interests inHening 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. (From Anhui Wantong Expressway,Ltd. Anhui China )
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