GUANGSHEN RAILWAY COMPANY LIMITED Phone: 852-2526-0688 (Translation of Registrant’S Name Into English)
Total Page:16
File Type:pdf, Size:1020Kb
BOWNE INTEGRATED TYPESETTING SYSTEM Site: BOWNE OF HONG KONG Phone: 852-2526-0688 Operator: BHK10017 Date: 2-JUN-2011 02:48:22.31 Name: GUANGSHEN RAILWAY CO [E/O] CRC: 41601 BOMH05142 001.00.00.00 0/6 H05142.SUB, DocName: 20-F, Doc: 1, Page: 1 *H05142/001/6* Description: Form 20-F EDGAR 2 Table of Contents As filed with the Securities and Exchange Commission on June 2, 2011 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 20-F (Mark One) REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 or ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2010 or TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to 0/6 or SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES Date: 2-JUN-2011 02:48:22.31 EXCHANGE ACT OF 1934 Date of event requiring this shell company report 001.00.00.00 Commission file number: 1-14362 Operator: BHK10017 H05142 (Exact name of Registrant as specified in its charter) *H05142/001/6* BOM GUANGSHEN RAILWAY COMPANY LIMITED Phone: 852-2526-0688 (Translation of Registrant’s name into English) People’s Republic of China (Jurisdiction of incorporation or organization) No. 1052 Heping Road, Shenzhen, People’s Republic of China 518010 CRC: 41601 EDGAR 2 (Address of Principal Executive Offices) Mr. Guo Xiangdong Site: BOWNE OF HONG KONG [E/O] Telephone: (86-755) 2558-7920 or (86-755) 2558-8146 Email: [email protected] Facsimile: (86-755) 2559-1480 No. 1052 Heping Road, Shenzhen, People’s Republic of China 518010 (Name, Telephone, E-mail and/or Facsimile number and Address of Company Contact Person) Securities registered or to be registered pursuant to Section 12(b) of the Act: Title of Each Class Name of Each Exchange on which Listed American Depositary Shares, each representing 50 Class H ordinary shares New York Stock Exchange, Inc. BOWNE INTEGRATED TYPESETTING SYSTEM Name: GUANGSHEN RAILWAY CO H05142.SUB, DocName: 20-F, Doc: 1, Page: 1 Description: Form 20-F BOWNE INTEGRATED TYPESETTING SYSTEM Site: BOWNE OF HONG KONG Phone: 852-2526-0688 Operator: BHK10017 Date: 2-JUN-2011 02:48:22.31 Name: GUANGSHEN RAILWAY CO [E/O] CRC: 41601 BOMH05142 001.00.00.00-1 0/6 H05142.SUB, DocName: 20-F, Doc: 1, Page: 1 *H05142/001/6* Description: Form 20-F EDGAR 2 Class H ordinary shares, nominal value RMB 1.00 per share The Stock Exchange of Hong Kong Limited Securities registered or to be registered pursuant to Section 12(g) of the Act: None Securities for which there is a reporting obligation pursuant to Section 15(d) of the Act: None Indicate the number of outstanding shares of each of the Registrant’s classes of capital or common stock as of December 31, 2010: Domestic shares (A shares), par value RMB 1.00 per share 5,652,237,000 H shares, par value RMB 1.00 per share 1,431,300,000 (including 220,360,300 H shares in the form of American Depositary Shares) Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes No If this report is an annual or transition report, indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934. Yes No Indicate by check mark whether the registrant: (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes No Indicate by check mark whether the registrant has submitted electronically and posted on its corporate Web site, if any, every Interactive Data File required to be submitted and posted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit and post such files). Yes No Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, or a non-accelerated filer. See definition of “accelerated filer and large accelerated filer” in Rule 12b-2 of the Exchange Act. (Check one): Large Accelerated Filer Accelerated Filer Non-Accelerated Filer Indicate by check mark which basis of accounting the registrant has used to prepare the financial statements included in this filing: U.S. GAAP 0/6 International Financial Reporting Standards as issued by the International Accounting Standards Board -1 Other Date: 2-JUN-2011 02:48:22.31 If “Other” has been checked in response to the previous question, indicate by check mark which financial statement item the registrant has elected to follow. Item 17 Item 18 001.00.00.00 If this is an annual report, indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Operator: BHK10017 Yes No H05142 *H05142/001/6* BOM Phone: 852-2526-0688 CRC: 41601 EDGAR 2 Site: BOWNE OF HONG KONG [E/O] BOWNE INTEGRATED TYPESETTING SYSTEM Name: GUANGSHEN RAILWAY CO H05142.SUB, DocName: 20-F, Doc: 1, Page: 1 Description: Form 20-F BOWNE INTEGRATED TYPESETTING SYSTEM Site: BOWNE OF HONG KONG Phone: 852-2526-0688 Operator: BHK10017 Date: 2-JUN-2011 02:48:22.31 Name: GUANGSHEN RAILWAY CO [E/O] CRC: 57903 BOMH05142 002.00.00.00 0/5 H05142.SUB, DocName: 20-F, Doc: 1, Page: 2 *H05142/002/5* Description: Form 20-F EDGAR 2 Table of Contents Table of Contents Pages Forward-Looking Statements 1 Certain Terms and Conventions 1 PART I IDENTITY OF DIRECTORS, SENIOR MANAGEMENT AND ADVISORS 3 ITEM 1. ITEM 2. OFFER STATISTICS AND EXPECTED TIMETABLE 3 ITEM 3. KEY INFORMATION 3 Item 3A. Selected Consolidated Financial and Other Data 3 Item 3B. Capitalization and Indebtedness 5 Reasons for the Offer and Use of Proceeds 5 Item 3C. Item 3D. Risk Factors 6 ITEM 4. INFORMATION ON THE COMPANY 13 Item 4A. History and Development of the Company 13 Item 4B. Business Overview 17 Item 4C. Organizational Structure 30 Property, Plant and Equipment 30 Item 4D. ITEM 4A. UNRESOLVED STAFF COMMENTS 31 ITEM 5. OPERATING AND FINANCIAL REVIEW AND PROSPECTS 31 Item 5A. Operating Results 32 Item 5B. Liquidity and Capital Resources 48 Item 5C. Research and Development, Patents and Licenses, etc. 50 Item 5D. Trend Information 50 Item 5E. Off-Balance Sheet Arrangements 51 Item 5F. Tabular Disclosure of Contractual Obligations 52 Item 5G. Safe Harbor 52 ITEM 6. DIRECTORS, SENIOR MANAGEMENT AND EMPLOYEES 52 Directors and Senior Management 52 Item 6A. Item 6B. Board Compensation 59 0/5 Board Practices 60 Item 6C. Item 6D. Employees 63 Item 6E. Share Ownership 64 Date: 2-JUN-2011 02:48:22.31 MAJOR SHAREHOLDERS AND RELATED PARTY TRANSACTIONS 64 ITEM 7. Item 7A. Major Shareholders 64 Item 7B. Related Party Transactions 66 Item 7C. Interests of Experts and Counsel 72 002.00.00.00 FINANCIAL INFORMATION 72 ITEM 8. Item 8A. Consolidated Statements and Other Financial Information 72 Significant Changes 74 Item 8B. Operator: BHK10017 ITEM 9. THE OFFER AND LISTING 75 Offer and Listing Details 75 Item 9A. H05142 Item 9B. Plan of Distribution 75 Item 9C. Markets 76 Selling Shareholders 76 Item 9D. *H05142/002/5* BOM Item 9E. Dilution 76 Expenses of the Issue 76 Item 9F. Phone: 852-2526-0688 CRC: 57903 EDGAR 2 Site: BOWNE OF HONG KONG [E/O] BOWNE INTEGRATED TYPESETTING SYSTEM Name: GUANGSHEN RAILWAY CO H05142.SUB, DocName: 20-F, Doc: 1, Page: 2 Description: Form 20-F BOWNE INTEGRATED TYPESETTING SYSTEM Site: BOWNE OF HONG KONG Phone: 852-2526-0688 Operator: BHK10017 Date: 2-JUN-2011 02:48:22.31 Name: GUANGSHEN RAILWAY CO [E/O] CRC: 32323 BOMH05142 003.00.00.00 0/3 H05142.SUB, DocName: 20-F, Doc: 1, Page: 3 *H05142/003/3* Description: Form 20-F EDGAR 2 Table of Contents Pages ITEM 10. ADDITIONAL INFORMATION 77 Item 10A. Share Capital 77 Item 10B. Memorandum and Articles of Association 77 Item 10C. Material Contracts 87 Item 10D. Exchange Controls 87 Item 10E. Taxation 88 Item 10F. Dividends and Paying Agents 96 Item 10G. Statement by Experts 96 Item 10H. Documents on Display 96 Item 10I. Subsidiary Information 96 ITEM 11. QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK 97 ITEM 12. DESCRIPTION OF SECURITIES OTHER THAN EQUITY SECURITIES 99 PART II ITEM 13. DEFAULTS, DIVIDEND ARREARAGES AND DELINQUENCIES 101 ITEM 14. MATERIAL MODIFICATIONS TO THE RIGHTS OF SECURITY HOLDERS AND USE 101 OF PROCEEDS ITEM 15. CONTROLS AND PROCEDURES 101 ITEM 16A. AUDIT COMMITTEE FINANCIAL EXPERT 102 ITEM 16B. CODE OF ETHICS 102 ITEM 16C. PRINCIPAL ACCOUNTANT FEES AND SERVICES 102 ITEM 16D. EXEMPTIONS FROM THE LISTING STANDARDS FOR AUDIT COMMITTEES 103 ITEM 16E. PURCHASES OF EQUITY SECURITIES BY THE ISSUER AND AFFILIATED 103 PURCHASERS ITEM 16F. CHANGE IN OUR CERTIFYING ACCOUNTANT 103 ITEM 16G. CORPORATE GOVERNANCE 103 ITEM 17. FINANCIAL STATEMENTS 105 ITEM 18. FINANCIAL STATEMENTS 105 ITEM 19. EXHIBITS 105 EX0/3 -7.1 EX-8.1 EX-12.1 Date: 2-JUN-2011 02:48:22.31 EX-13.1 003.00.00.00 Operator: BHK10017 H05142 *H05142/003/3* BOM Phone: 852-2526-0688 CRC: 32323 EDGAR 2 Site: BOWNE OF HONG KONG [E/O] BOWNE INTEGRATED TYPESETTING SYSTEM Name: GUANGSHEN RAILWAY CO H05142.SUB, DocName: 20-F, Doc: 1, Page: 3 Description: Form 20-F BOWNE INTEGRATED TYPESETTING SYSTEM Site: BOWNE OF HONG KONG Phone: 852-2526-0688 Operator: BHK10017 Date: 2-JUN-2011 02:48:22.31 Name: GUANGSHEN RAILWAY CO [E/O] CRC: 62576 BOMH05142 004.00.00.00 0/1 H05142.SUB, DocName: 20-F, Doc: 1, Page: 4 *H05142/004/1* Description: Form 20-F EDGAR 2 Table of Contents Forward-Looking Statements Certain information contained in this annual report are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended.