In January 1997, the Company was listed on the main board of The Stock Exchange of Hong Kong Limited and subsequently became one of the constituent stocks of the Hang Seng China-affiliated Corporations Index in March 1998. Since its listing, the Group has adopted a prudent and conservative policy to operate and develop its toll road business. Its operations were initially concentrated in the Guangzhou region but have been progressively extended to other regions of the Pearl River Delta ("Pearl River Delta Region") and regions outside Guangdong Province. The attributable length of the expressways, national toll highways and bridges invested by the Group has increased from 146.9 km as at listing to 315.4 km as at the end of 2006.
With the increasing commercialization of the operation of toll highways and increasingly intense competition,the Group will continue to focus on strengthening the toll management of its existing operating projects, vigorously controlling and streamlining its operating costs. Leveraging on its own strengths, the Group will take advantage of various financial products available and to enlarge its debt and equity capital in the capital market as and when appropriate, proactively and pragmatically participate in market competition, to step up its efforts in exploring and investing in quality toll expressway projects with attractive returns (including construction projects with good potentials) and timely grasp business opportunities with a view to enlarging its market share, thereby further enhancing the Group's position in the toll road industry as well as increasing the Group's profitability and shareholders' return.
Toll Projects Summary
The Group is principally engaged in investment, operation and management of toll expressways and national highways and bridges mainly located in Guangzhou area. As at 31 December 2006, the Group¡¦s investments in toll road and bridge projects include Guangzhou City Northern Ring Road, Guangzhou Northern Second Ring Expressway, Guangzhou Western Second Ring Expressway, Humen Bridge and Shantou Bay Bridge which are located within Guangdong Province; Guangshen Highway, Guangshan Highway, Guangcong Highway Sections I and II, Guanghua Highway and Qinglian Highways all of which connect the traffic hub of Guangzhou City and inter-provincial traffic between Guangdong, Hunan and Jiangxi provinces; Xian Expressway in Shaanxi Province and Xiang Jiang Bridge II in Xiangtan City of Hunan Province both are located outside Guangdong Province.
| © Copyright 1996-2009 irasia.com Ltd. All rights reserved. |
|
DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any
information provided on this website. Under no circumstances shall irasia.com Ltd be liable
for damages resulting from the use of the information provided on this website.
TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited. TERMS OF USE: Please read the Terms of Use governing the use of our website. |