Annual Report 2019

018 Transport International Holdings Limited 2019 Annual Report Management Discussion and Analysis The Kowloon Motor Bus Company (1933) Limited and Long Win Bus Company Limited are major franchised public bus operators in Hong Kong providing safe, reliable, high quality, environment-friendly, value-for- money bus services in Kowloon, the New Territories, Hong Kong Island and Lantau Island. Hong Kong Franchised Public Bus Operations The Group has a portfolio of investment properties which provides steady rental income for the Group. Property Holdings and Development The Group has investments in transport service operators in Shenzhen and Beijing as part of its strategy of leveraging transport-related business opportunities in China Mainland that offer a reasonable return. China Mainland Transport Operations The Group’s non-franchised transport operations offer transport services to a wide range of customers, including business commuters, tourists, shoppers, students and residents of large residential estates, as well as providing chartered hire services and cross- boundary shuttle bus services. Hong Kong Non-franchised Transport Operations