China Merchants Expressway Network Technology Holdings Co.,Ltd.
Summary
Revenue :
000,000 M USD
Finance :
000,000 M USD
Earning Cap :
000,000 M USD
Invest :
000,000 M USD
R & D :
0000 People
Growth :
00% AGR
DIGDAL CAP
Overview
| General Introduction | China Merchants Highway Network Technology Holdings Co., Ltd. (referred to as China Merchants Highway) is a second level enterprise of China Merchants Group. It was established with the approval of the State Administration for Industry and Commerce in August 2016. On December 25, 2017, it successfully merged with North China Expressway and achieved an overall listing on the Shenzhen Stock Exchange (certificate code: SZ001965). Since its listing, the company's stocks have been selected as sample stocks in indices such as the Shanghai and Shenzhen 300, Shenzhen Composite Index, Shenzhen Stock Exchange 100, and China Securities 500, becoming a leading enterprise in the industry with significant influence. During the 13th Five Year Plan period, China Merchants Highway achieved a breakthrough from independent development of various business sectors to the integration and listing of the entire industry chain, transforming from an investment oriented enterprise to an investment operation oriented enterprise, and expanding from highway operation to network technology. The company has achieved leapfrog development in terms of business scale and performance, doubling its main indicators, winning titles such as "National Civilized Unit" and "Top 100 Enterprises in China", as well as multiple capital market awards. It has basically achieved its strategic goal of being a leading domestic highway investment and operation service provider. China Merchants Highway focuses on highway investment and deep cultivation of highway operation, accumulating rich experience in the industry. Its business scope includes investment and operation of highway transportation infrastructure, transportation technology, intelligent transportation, and transportation ecology, covering important links throughout the entire highway industry chain. Investment and operation business: China Merchants Highway is a comprehensive highway investment and operation service provider with the longest investment and operation mileage, the widest coverage area, and the most complete industrial chain in China. Its controlling roads and industries occupy important geographical positions. As of August 2022, the total length of investment and operation of China Merchants Highway has reached 12944 kilometers, covering 22 provinces, autonomous regions, and municipalities across the country; The equity mileage reaches 3362 kilometers, participating in 15 high-quality highway listed companies, covering three-quarters of industry companies in the Shanghai and Shenzhen A-shares; There are a total of 26 toll road projects managed, with a management mileage of 2010 kilometers, distributed in 15 provinces, autonomous regions, and municipalities directly under the central government. Most of the above road industries are located on national trunk lines, with obvious geographical advantages and good profitability. Transportation technology business: Provide full process consulting services, engineering technology, and products around transportation infrastructure construction. China Merchants Communications Technology Co., Ltd. is a key high-tech enterprise under the National Torch Program and one of the first batch of national innovative enterprises. It has established 21 national, provincial, and ministerial research and development platforms, and holds nearly 40 professional qualifications at all levels, including "Comprehensive Engineering Survey Class A" and "Highway Industry Design Class A". It has cultivated and formed research and development, survey and design, testing and testing, consulting and supervision, engineering construction, and product manufacturing The main business types such as information services gather a large number of professional and technological talents in roads, bridges, tunnels, and IT technology. It has strong technological innovation and research capabilities related to the highway industry and has won multiple major national science and technology awards. Intelligent transportation business: Committed to improving the quality and efficiency of highway travel, simplifying service processes, and optimizing service experience through digital and information-based means. Our business covers fields such as smart charging, smart security, traffic broadcasting, electronic invoicing, ETC comprehensive services, and relies on enterprises such as China Merchants New Intelligence, China Merchants Communications Construction, China Merchants State Grid, China Central Radio and Television Transportation, and Xingyun Digital Gathering to provide customers with smart operation, smart charging technology services, and overall solutions. Transportation and Ecological Business: On the basis of strengthening, optimizing, and expanding the main business of highways, the company actively arranges green and clean energy around the characteristic scenes of highway resources, invests in and operates distributed photovoltaics in highway service areas, toll stations, tunnels, and port logistics parks, and engages in businesses such as water ecological restoration, soil restoration, ecological landscape, and large-scale comprehensive municipal landscape. During the 14th Five Year Plan period, China Merchants Highway will continue to make contributions in implementing new development concepts, promoting high-quality development, and building a new development pattern. It will strive to be first-class in serving and practicing national strategies, actively building digital highways and smart transportation ecosystems, continuously improving the quality and efficiency of the company's assets, creating excellent value for shareholders, providing better services for customers, and providing a broad platform for employees, Make every effort to build a "leading transportation technology infrastructure investment management platform in China", write a new chapter in the high-quality transformation and development of investment promotion highways, and contribute new strength to the new journey of comprehensively building a socialist modernized country!. |
| Headquarter | Tianjin |
| Establish Date | 12/18/1993 |
| Listed Code | 001965.SZ |
| Listed Date | 12/25/2017 |
| Chairman | Bai Jingtao. |
| CEO | Yang Xudong. |
| Website | www.cmexpressway.com |
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