Sichuan Expressway Company Limited
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 | Sichuan Chengyu Expressway Co., Ltd. was established in 1997 and is the only A+H large-scale transportation infrastructure enterprise in western China that is listed on both the Shanghai Stock Exchange and the Hong Kong Stock Exchange. It is also the only highway investment, construction, and operation listing platform under Shudao Group. Shudao Group holds 35.86% of the company's shares and is the largest shareholder; China Merchants Highway holds 24.88% of the company's shares, making it the second largest shareholder; The remaining 39.26% of the outstanding shares are held by domestic and foreign institutional investors and individual investors. The main business of the company is investment, construction, and operation of provincial highway projects, as well as the comprehensive development of resources along the line. In recent years, relying on the foundation of toll roads and bridges, the company has been striving to cultivate new performance growth points in emerging business sectors such as financial investment, energy sales, urban operations, transportation technology, etc. through exclusive establishment, joint venture cooperation, capital increase and share expansion, and direct acquisition. The industrial synergy and risk resistance capabilities have been continuously enhanced. Starting from the strategy of "one main body, two wings" and expanding through the "five major sectors" during the "13th Five Year Plan" period, the company has successfully explored a diversified development path highly related to its main business, based on "strengthening its core business" and supported by "strengthening related diversification". Through investment, construction, and equity mergers and acquisitions, the company owns all or most of the rights and interests of toll roads located within Sichuan Province, including Chengyu, Chengya, Chengle, Chengren, Suiguang, Suixi, and Chengbei expressways. The total mileage of expressways under its jurisdiction is about 744 kilometers, exceeding 10% of the total operating mileage of expressways in the province. At present, we are investing in the construction of the Chengle expansion project and the Tianqiong Expressway project. The expansion of Chengle adopts PPP+EPC investment and construction mode, which is the first national high-speed network operational high-speed renovation and expansion project in the province; The Tianqiong Expressway is a joint venture formed by the company as the leading party and China Communications Road and Bridge Construction Company to win the bid. The total length of the route is about 42 kilometers, with a design speed of 120 kilometers/hour. It is currently the highest designed speed project among the built and existing expressways in the province. At the same time, the company is also accelerating the acquisition of new projects and striving to expand the scale of high-quality road production. The company has an efficient and professional capital operation team, relying on the advantages of domestic and foreign financing platforms to form a relatively complete financial ecosystem, with business scope covering industrial funds, merger and acquisition funds, financial leasing, commercial factoring, banking and other segmented formats. The company actively expands its energy investment industry and collaborates with energy giants such as PetroChina and Sinopec to establish Zhonglu Energy Company and Chengya Oil Company. The layout of gas station outlets has expanded from the roads under its jurisdiction to the areas along the line. The company has a high-quality investment and construction management team, involved in BT, PPP, multimodal transportation and other businesses. The company relies on the advantages of road location resources, targets industry development trends, seizes future development opportunities, accurately positions, and focuses on creating super characteristic service areas such as Xinjin and Yongxing. As of 2021, the company has 22 subsidiaries and branches under its jurisdiction. Among the 21 listed highway enterprises in China, multiple key economic indicators such as asset quality and profit level have performed well, maintaining a long-term AAA credit rating for both the main body and debt; Among more than 140 listed companies in the province, the net profit indicator has always been at the top. We have successively been listed on the Fortune 500 list in China, the Top 100 Hong Kong Listed Companies, and the Top 100 Foreign Invested Enterprises in Sichuan Province. For 8 consecutive years, we have received an "A" rating for information disclosure on the Shanghai Stock Exchange, and have passed the qualification certification of our headquarters in Chengdu. We have also won over 50 national and provincial awards, including the "National Quality Engineering Award," "Li Chun Award," "Tianfu Cup Gold Award," "National Civilized Unit," "National Youth Civilization Number," and "National Worker Pioneer Number. |
| Headquarter | Chengdu |
| Establish Date | 8/19/1997 |
| Listed Code | 601107.SH |
| Listed Date | 7/27/2009 |
| Chairman | Gan Yongyi. |
| CEO | Li Wenhu. |
| Website | www.cygs.com |
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