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00576 ZHEJIANGEXPRESS

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  • 5.330
  • -0.040-0.74%
Market Closed Dec 13 16:08 CST
31.95BMarket Cap5.31P/E (TTM)

About ZHEJIANGEXPRESS Company

Zhejiang Shanghai-Hangzhou-Ningbo is a listed company mainly engaged in high-grade highway investment, development, operation and securities business. The Company was established on March 1, 1997 as an infrastructure company for the Zhejiang Provincial Government to invest, develop and operate highways and first-class motorways in Zhejiang Province. H shares, which account for about 33% of the Company's total issued share capital, were listed on the Hong Kong Stock Exchange on May 15, 1997; its holding subsidiary Zheshang Securities is mainly engaged in securities business. The subsidiary was listed on the Shanghai Stock Exchange in June 2017 (Shanghai Stock Exchange code: 601878). The Group's main assets include the 248-kilometer Shanghai-Hangzhou-Ningbo Expressway, the 141-kilometer Shangsan Expressway, the 70-kilometer Jinhua section of the Ningbo-Jin Expressway, the 122-kilometer Hangzhou-Hangzhou Expressway, the 46-kilometer Zhoushan Cross-Sea Bridge, the 222-kilometer Longli Lilong Expressway, the 50-kilometer Chajiasu Expressway, and the 161-kilometer Huangqu South Expressway. Among them, with the exception of the Huihang Expressway, which is located in China's Anhui Province, the other eight expressways are all located within Zhejiang Province of China. As of December 31, 2023, the total assets of the Company and its subsidiaries were RMB 207.7 billion 33.8 million. Transportation Group, the controlling shareholder of the Company, is a provincial transportation state-owned holding company established by the Zhejiang Provincial Government. It was incorporated on December 29, 2001. It is mainly engaged in various industries such as highway investment, operation, maintenance, charging and supporting services, transportation engineering construction and construction, ocean and coastal transportation, and real estate. On July 11, 2016, the Zhejiang Provincial Committee and Zhejiang Provincial Government merged and reorganized Transportation Group and Zhejiang Railway Investment Group Co., Ltd. In July 2018, the Zhejiang Provincial Committee and Zhejiang Provincial Government merged and reorganized the Provincial Communications Group and Zhejiang Commercial Group Co., Ltd. After the merger and restructuring, the Transportation Group will coordinate the investment and financing, construction, operation and management of transportation infrastructure such as highways, railways, important cross-regional rail transit, and integrated transportation hubs in Zhejiang Province. On the basis of managing the Group's existing highway business, expand the scale of the main business, enhance core competitiveness, improve the securities and finance business, and increase its profit contribution to the Group. In the future, the company will actively seize opportunities to invest and acquire high-quality projects, and is determined to make the company an international investment holding enterprise whose main business is transportation infrastructure investment and operation.

Company Profile

Symbol00576
Company NameZHEJIANGEXPRESS
ISINCNE1000004S4
Listing DateMay 15, 1997
Shares Offered1.25B share(s)
FoundedMar 1, 1997
Registered AddressChina
Chairmanyingjie yuan
Secretaryhui zheng
Audit InstitutionDeloitte - Guan Huang Chen Fang Certified Public Accountants, Tianjian Certified Public Accountants
Company CategoryMainland registration of Mainland State-owned Assets control
Registered OfficeRoom 501, Building 2, Pearl International Business Center, Shangcheng District, Hangzhou, Zhejiang
Head Office and Principal Place of BusinessRoom 1710B, Convention Plaza Office Tower, 1 Harbour Road, Wanchai, Hong Kong
Fiscal Year Ends12-31
Employees10500
MarketHong Kong motherboard
Phone(86)57187985588;(852)25374295
Fax(86)57187985599;(852)25374293
Emailzhenghui@zjec.com.cn
Business Permitted projects: highway management and maintenance; construction project construction; construction engineering design; catering services; labor dispatch services (for projects subject to approval according to law, business activities can only be carried out after approval by relevant departments; specific business projects are subject to approval results). General projects: equity investment; technical services, technology development, technical consultation, technical exchange, technology transfer, technology promotion; information technology consulting services; car trailers, rescue and wrecking services; car wash services; parking services; general cargo storage services (excluding hazardous chemicals, etc.) (except for projects subject to approval by law, independently carry out business activities under a business license according to law).

Company Executives

  • Name
  • Position
  • Salary
  • wei wu
  • Executive Director, General Manager, Strategy Committee Member, Authorized Representative
  • 200.00K
  • wei li
  • Executive Director, Deputy General Manager, Strategy Committee Member
  • 289.00K
  • yingjie yuan
  • Chairman, Non-executive Directors, Chairman of the Strategy Committee, Chairman of the Nomination Committee, Authorized Representative
  • 115.00K
  • xudong yang
  • Non-executive Directors
  • --
  • ye fan
  • Non-executive Directors, Remuneration Committee Members, Audit Committee Members, Nomination Committee Members
  • --
  • jianzhang huang
  • Non-executive Directors, Remuneration Committee Members, Audit Committee Members
  • --
  • kewei bei
  • Independent Non-Executive Director, Remuneration Committee Chairman, Chairman of the Audit Committee, Nomination Committee Members
  • 230.00K
  • weicheng li
  • Independent Non-Executive Director, Nomination Committee Members, Audit Committee Members, Remuneration Committee Members
  • 230.00K
  • mingyuan yu
  • Independent Non-Executive Director, Audit Committee Members, Remuneration Committee Members, Nomination Committee Members
  • --
  • wenwei lu
  • Shareholders' Representatives and Supervisors
  • --
  • yong fang
  • Employee Representative Supervisor
  • --
  • yubing wang
  • Discipline Inspection and Audit Department Manager, Employee Representative Supervisor
  • --
  • meiyun he
  • Independent Auditors
  • 24.00K
  • qingwang wu
  • Independent Auditors
  • 7.00K
  • jinghua han
  • Chairman of the Trade Union
  • --
  • hui zheng
  • Deputy General Manager, Strategy Committee Members, Company Secretary
  • --
  • xiuhua zhang
  • Deputy General Manager
  • --
  • bingjiong wang
  • Deputy General Manager, Party Committee Members
  • --
  • xiangyang wu
  • Deputy General Manager
  • --
  • dongquan zhao
  • Deputy General Manager
  • --
  • liya ruan
  • Chief Financial Officer, Strategy Committee Members
  • --
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