Dazhong Transportation (Group) 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 | In 1988, the then mayor of Shanghai, Zhu Rongji, launched a major overhaul of the taxi industry. The predecessor of the Volkswagen Group, Shanghai Volkswagen Taxi Company, was founded on December 24 of the same year. With a new concept of service first, it sparked a "red whirlwind" and created a new trend in the taxi industry. The company was listed on the Shanghai Stock Exchange in 1992 and simultaneously issued A and B shares, making it the first joint-stock company in the national taxi industry; In August 1999, it was renamed as Mass Transit (Group) Co., Ltd. Over the past 35 years, the company has never forgotten its original intention and bravely climbed the peak, forming a development model of "two wings and four pillars". It adheres to the dual engine development of the real economy and financial investment, gradually developing into a transportation industry as the core, building four major industrial sectors: transportation and automotive services, financial investment, real estate hotels, and big data, and forming a moderately diversified modern service group with sustainable development capabilities. The "Volkswagen" brand has established a high reputation nationwide, covering 16 provinces and cities, 50 key business cities, and is a designated comprehensive supporting service provider for major international events and exhibitions such as the 2007 Special Olympics, 2008 Olympic Games, 2010 World Expo, and previous Shanghai Import Expo. With the rapid development of technology, the company actively seeks breakthroughs in the field of technology, adheres to innovation and reform, and promotes smart transportation and business upgrading. As of December 31, 2021, the total assets of the group were 19.29 billion yuan, with a net asset of 9.656 billion yuan. Over the years, dividends were distributed to shareholders through cash and stock dividends, totaling 4.505 billion yuan. The company always keeps in mind and earnestly fulfills its corporate social responsibility. Over the years, it has created a large number of employment opportunities, and is committed to contributing to public welfare undertakings such as disaster relief, student assistance and disability assistance. In the process of fighting against the COVID-19, the company undertook and participated in a large number of traffic security tasks and epidemic prevention and control work. |
| Headquarter | Shanghai |
| Establish Date | 6/6/1994 |
| Listed Code | 600611.SH |
| Listed Date | 8/7/1992 |
| Chairman | Yang Guoping. |
| CEO | Yang Guoping. |
| Website | www.96822.com |
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