Yuexiu Transport Infrastructure Limited ("Company") and its subsidiaries (collectively, "Group") are principally engaged in investment, operation and management of toll expressways and bridges in Guangdong Province and other highgrowth provinces in the People's Republic of China ("PRC"). The Company's substantial shareholder, Guangzhou Yue Xiu Holdings Limited is a state-owned enterprise under the supervision of the State-owned Assets Supervision and Administration Commission ("SASAC") of the Guangzhou Municipal People's Government.
As at 30 June 2016, the Group had a total of 13 investments in its operating expressways and bridge projects which included Guangzhou Northern Second Ring Expressway ("GNSR Expressway"), Guangzhou Western Second Ring Expressway ("GWSR Expressway"), Guangzhou Northern Ring Road ("Northern Ring Road"), Guangdong Humen Bridge ("Humen Bridge"), Shantou Bay Bridge and Qinglian Expressway, all of which are located within Guangdong Province; Xian to Lintong Expressway in Shaanxi Province ("Xian Expressway"); Cangyu Expressway in Guangxi Zhuang Autonomous Region ("Cangyu Expressway"); Jinbao Expressway in Tianjin Municipality; Han-Xiao Expressway in Hubei Province; Changzhu Expressway in Hunan Province; Weixiu Expressway in Henan Province and Suiyuenan Expressway in Hubei Province.
As at 30 June 2016, the attributable toll length of the Group's subsidiaries is approximately 301.2 km (total toll length is approximately 357.2 km), attributable toll length of the Group's associates/jointly controlled entity is approximately 77.3 km, the total attributable toll length of expressways and bridges is approximately 378.5 km. Moreover, the Group disposed 51% equity interest in Yuexin Chishui Port, a terminal project located in Wuzhou city ("Yuexin Chishui Port"), by public tender during the year 2015, with consideration of transfer amounted to RMB153.6 million. Please refer to the Group's announcement dated 15 December 2015 for details.
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