China Railway Signal & Communication Corporation

Total Page:16

File Type:pdf, Size:1020Kb

China Railway Signal & Communication Corporation Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. China Railway Signal & Communication Corporation Limited* 中國鐵路通信信號股份有限公司 (A joint stock limited liability company incorporated in the People’s Republic of China) (Stock Code: 3969) ANNOUNCEMENT ON BID-WINNING OF IMPORTANT PROJECTS IN THE RAIL TRANSIT MARKET This announcement is made by China Railway Signal & Communication Corporation Limited* (the “Company”) pursuant to Rules 13.09 and 13.10B of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) and the Inside Information Provisions (as defined in the Listing Rules) under Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong). In November and December 2020, the Company has totally been awarded eight important projects in rail transit market, among which, four important projects are acquired from the railway market, namely the strong current and weak current integration construction of the Newly-built Guangzhou Baiyun Station (Tangxi Station) (BYZSG5 section) of Guangzhou Railway Hub with a tender amount of RMB202 million; the integrated procurement project in respect of the supporting electrical on-board equipment for the 350 km/h Fuxinghao EMU with a tender amount of RMB136 million; the newly-built railway information system for Hangzhou-Shaoxing-Taizhou Railway and related construction with a tender amount of RMB197 million; the post station renovation construction (SLZH-1 section) for the bus-based tourism train (excluding the foregoing section) on the Sanya-Ledong (Lingtou) Section of the West Ring High-speed Railway and the Cargo Line in Hainan with a tender amount of RMB235 million; and the Company awarded four important projects in the urban rail transit market, namely the PPP project of Tianshui Tramway Demonstration Line (Phase II) with a tender amount of RMB2,357 million; outsourced maintenance project in respect of the signal and communication equipment of Shanghai Rail Transit Line Nos. 6, 7, 15 and 16 with a tender amount of RMB259 million; signal system project in respect of the first and second phases of Harbin Rail Transit Line No. 3 with a tender amount of RMB332 million; signal system procurement project in respect of the second phase of Kunming Rail Transit Line No. 2 with a tender amount of RMB155 million. Details of the projects awarded are hereby announced as below: 1 I. RELEVANT INFORMATION OF THE PROJECTS WON IN THE RAILWAY MARKET Project One Project Two Project Three Project Four I. General information 1. Name of the Project Strong current and weak Integrated procurement Newly-built railway Post station renovation current integration project in respect of the information system for construction (SLZH-1 construction of the Newly- supporting electrical on- Hangzhou-Shaoxing- section) for the bus-based built Guangzhou Baiyun board equipment for the Taizhou Railway and tourism train (excluding Station (Tangxi Station) 350 km/h Fuxinghao EMU related construction the foregoing section) (BYZSG5 section) of on the Sanya-Ledong Guangzhou Railway Hub (Lingtou) Section of the West Ring High-speed Railway and the Cargo Line in Hainan 2. Bid originator China Railway Guangzhou Heilongjiang Railway China Railway Design Hainan Railway Co., Ltd. Group Co., Ltd. Development Group Co., Corporation Ltd.*(黑龍江鐵路發展 集團有限公司), Beijing- Shenyang Passenger Dedicated Line Liaoning Co., Ltd., Changchun-Jilin Intercity Railway Co., Ltd., Beijing-Shenyang Passenger Dedicated Line Beijing-Hebei Co., Ltd. 3. Tender amount 2.02 1.36 1.97 2.35 (RMB100 million) 2 Project One Project Two Project Three Project Four 4. Overview of the project The scope of this project A total of 116 sets of The major constructions The Group commenced the is Guangzhou Baiyun electrical on-board to be undertaken by renovation construction Station (Tangxi Station) equipment are involved the Company are the for bus-based tourism of Guangzhou Hub, in the bidding and transportation scheduling train by utilizing the and the ancillary procurement of the management system, Sanya-Ledong (Lingtou) facilities and lines such integrated procurement ticketing system, Section of the West Ring as the construction of project in respect of the passenger service High-speed Railway and Dalang Bus Technical supporting electrical on- information system, the Cargo Line in Hainan, Maintenance Station, board equipment for the administrative information with a length of operation including the Newly- 350 km/h Fuxinghao system, public security of 107.058 km. There built Guangzhou Baiyun EMU (i.e. the integrated management information are a total of 11 stations, Station (including equipment of on-board system, integrated including 6 existing the simultaneous equipment for CTCS-3- wiring system, access stations and 5 newly-built implementation part level train control system, control system, power stations. of intercity field), locomotive integrated and environmental Dalang Bus Technical radio communication monitoring system, The Company will be Maintenance Station equipment (CIR) and parking lot management responsible for the (with Dalang turnaround EMU engineer operation information system for construction and section reserved), the analysis system (EOAS)). the 8 stations of Shaoxing installation, equipment adaptive transformation The Company is North, Dongguan, procurement and system of the existing Guangzhou responsible for providing Sanjie, Shengzhou debugging for all Locomotive Depot, the 54 sets of on-board ATP Xinchang, Tiantai, Linhai, the communications, Newly-built Beijing- equipment of CTCS-3- Taizhou Center and signaling and passenger Guangzhou High-speed level train control system. Wenling of Hangzhou- transportation service Railway Connection Shaoxing-Taizhou management of the Line (Guangzhou North Railway; administrative project, and will to Guangzhou Baiyun), system, public security coordinate joint the reconstruction and management and related debugging, trial operation expansion of the existing information system for and other tasks. Beijing-Guangzhou Line all production and living (Dalang-Guangzhou housings (including Baiyun-Guangzhou independent four electric West Section), and houses); and relevant the reserved projects system renovation to be implemented projects of China Railway simultaneously such as Shanghai Group Co., Ltd. Guangzhou-Zhanjiang High-speed Railway and Guangzhou Metro. The Company will be responsible for the professional construction, equipment procurement and joint debugging for all the communications, signaling, electricity, housing and signal transition construction within the scope of the project contract. 3 Project One Project Two Project Three Project Four II. Information of the counterparty 1. Name of the enterprise China Railway Guangzhou Heilongjiang Railway China Railway Design Hainan Railway Co., Ltd. Group Co., Ltd. Development Group Co., Corporation Ltd.*(黑龍江鐵路發展集 團有限公司), Beijing-Shenyang Passenger Dedicated Line Liaoning Co., Ltd., Changchun-Jilin Intercity Railway Co., Ltd., Beijing-Shenyang Passenger Railway Line Beijing- Hebei Co., Ltd. 2. Nature of the enterprise State-owned enterprise State-owned enterprise State-owned enterprise State-owned enterprise 3. Legal representative Wu Yong Jiang Hui Liu Weiqun Chen Xiangqian Liu Weiping Wang Yanjiang Huang Difu 4. Registered capital RMB249,254.03 million RMB17,820 million RMB660 million RMB30,413,035,600 RMB41,970 million RMB23,245,273,000 RMB34,990 million 5. Date of incorporation 1992-12-05 2011-04-20 1992-07-21 2007-07-27 2009-08-07 2007-04-29 2014-03-05 6. Main office location No. 151, Zhongshan 1st No. 333 Dongzhi Road, No. 109, East 7th Road, No. 68 East Shita Road, Road, Yuexiu District, Daowai District, Harbin, Tianjin Pilot Free Trade Qiongshan District, Guangzhou, Guangdong Floor 24, 25, 26, Block Zone (Airport Economic Haikou, Hainan Province Province A, Taichen Business Area) Building, No. 181, Nanwu Road, Heping District, Shenyang, No. 38 Huigong Road, Changchun, Room 106-76, Building 2, No. 8 South Xinsheng Road, Miyun District, Beijing 4 Project One Project Two Project Three Project Four 7. Major shareholders China State Railway Group Heilongjiang Provincial China State Railway Group China Railway Guangzhou Co., Ltd. Investment Group, China Co., Ltd. Group Co., Ltd., Hainan Railway Development Development Holdings Fund Co., Ltd., China China Railway Group Co., Ltd. Railway Harbin Group Limited Co., Ltd.; China Railway Development Fund Co., Ltd., China Railway Shenyang Group Co., Ltd.; China Railway Shenyang Group Co., Ltd., Jilin Province Communication Investment Group Co., Ltd., China Railway Development Fund Co., Ltd.; Beijing Infrastructure Investment Co., Ltd, China Railway Development Fund Co., Ltd., China Railway Beijing Group Co., Ltd., Hebei Construction Transportation Investment Co., Ltd. 5 Project One Project Two Project Three Project Four 8. Principal business Railway passenger and Construction of railway Undertaking survey, Investment, construction and freight transportation engineering projects; consultancy, design and operation management and related services; railway freight supervision projects for of railways in Hainan manufacturing, transportation;
Recommended publications
  • Program Book(EN)
    TRANSPORTATION IN CHINA 2025: CONNECTING THE WORLD 中国交通 2025:联通世界 Transportation in China 2025: Connecting the World 1 CONTENTS The 19th COTA International Conference of Transportation Professionals Transportation in China 2025: Connecting the World Welcome Remarks ······································ 4 Organization Council ································· 8 Organizers ······················································ 13 Sponsors ·························································· 17 Instructions for Presenters ························ 19 Instructions for Session Chairs ················ 19 Program at a Glance ··································· 20 Program ··························································· 22 Poster Sessions ············································· 56 General Information ··································· 86 Conference Speakers & Organizers ······· 95 Pre- and Post-CICTP2019 Events ············ 196 • Welcome Remarks It is our great pleasure to welcome you all to the 19th COTA International Conference Welcome of Transportation Professionals (CICTP 2019) in Nanjing, China. The CICTP2019 is jointly Remarks organized by Chinese Overseas Transportation Association (COTA), Southeast University, and Jiaotong International Cooperation Service Center of Ministry of Transport. The CICTP annual conference series was established by COTA back in 2001 and in the past two decades benefited from support from the American Society of Civil Engineers (ASCE), Transportation Research Board (TRB), and many other
    [Show full text]
  • The Operator's Story Case Study: Guangzhou's Story
    Railway and Transport Strategy Centre The Operator’s Story Case Study: Guangzhou’s Story © World Bank / Imperial College London Property of the World Bank and the RTSC at Imperial College London Community of Metros CoMET The Operator’s Story: Notes from Guangzhou Case Study Interviews February 2017 Purpose The purpose of this document is to provide a permanent record for the researchers of what was said by people interviewed for ‘The Operator’s Story’ in Guangzhou, China. These notes are based upon 3 meetings on the 11th March 2016. This document will ultimately form an appendix to the final report for ‘The Operator’s Story’ piece. Although the findings have been arranged and structured by Imperial College London, they remain a collation of thoughts and statements from interviewees, and continue to be the opinions of those interviewed, rather than of Imperial College London. Prefacing the notes is a summary of Imperial College’s key findings based on comments made, which will be drawn out further in the final report for ‘The Operator’s Story’. Method This content is a collation in note form of views expressed in the interviews that were conducted for this study. This mini case study does not attempt to provide a comprehensive picture of Guangzhou Metropolitan Corporation (GMC), but rather focuses on specific topics of interest to The Operators’ Story project. The research team thank GMC and its staff for their kind participation in this project. Comments are not attributed to specific individuals, as agreed with the interviewees and GMC. List of interviewees Meetings include the following GMC members: Mr.
    [Show full text]
  • Jiangsu(PDF/288KB)
    Mizuho Bank China Business Promotion Division Jiangsu Province Overview Abbreviated Name Su Provincial Capital Nanjing Administrative 13 cities and 45 counties Divisions Secretary of the Luo Zhijun; Provincial Party Li Xueyong Committee; Mayor 2 Size 102,600 km Shandong Annual Mean 16.2°C Jiangsu Temperature Anhui Shanghai Annual Precipitation 861.9 mm Zhejiang Official Government www.jiangsu.gov.cn URL Note: Personnel information as of September 2014 [Economic Scale] Unit 2012 2013 National Share (%) Ranking Gross Domestic Product (GDP) 100 Million RMB 54,058 59,162 2 10.4 Per Capita GDP RMB 68,347 74,607 4 - Value-added Industrial Output (enterprises above a designated 100 Million RMB N.A. N.A. N.A. N.A. size) Agriculture, Forestry and Fishery 100 Million RMB 5,809 6,158 3 6.3 Output Total Investment in Fixed Assets 100 Million RMB 30,854 36,373 2 8.2 Fiscal Revenue 100 Million RMB 5,861 6,568 2 5.1 Fiscal Expenditure 100 Million RMB 7,028 7,798 2 5.6 Total Retail Sales of Consumer 100 Million RMB 18,331 20,797 3 8.7 Goods Foreign Currency Revenue from Million USD 6,300 2,380 10 4.6 Inbound Tourism Export Value Million USD 328,524 328,857 2 14.9 Import Value Million USD 219,438 221,987 4 11.4 Export Surplus Million USD 109,086 106,870 3 16.3 Total Import and Export Value Million USD 547,961 550,844 2 13.2 Foreign Direct Investment No. of contracts 4,156 3,453 N.A.
    [Show full text]
  • 8Th Metro World Summit 201317-18 April
    30th Nov.Register to save before 8th Metro World $800 17-18 April Summit 2013 Shanghai, China Learning What Are The Series Speaker Operators Thinking About? Faculty Asia’s Premier Urban Rail Transit Conference, 8 Years Proven Track He Huawu Chief Engineer Record: A Comprehensive Understanding of the Planning, Ministry of Railways, PRC Operation and Construction of the Major Metro Projects. Li Guoyong Deputy Director-general of Conference Highlights: Department of Basic Industries National Development and + + + Reform Commission, PRC 15 30 50 Yu Guangyao Metro operators Industry speakers Networking hours President Shanghai Shentong Metro Corporation Ltd + ++ Zhang Shuren General Manager 80 100 One-on-One 300 Beijing Subway Corporation Metro projects meetings CXOs Zhang Xingyan Chairman Tianjin Metro Group Co., Ltd Tan Jibin Chairman Dalian Metro Pak Nin David Yam Head of International Business MTR C. C CHANG President Taoyuan Metro Corp. Sunder Jethwani Chief Executive Property Development Department, Delhi Metro Rail Corporation Ltd. Rachmadi Chief Engineering and Project Officer PT Mass Rapid Transit Jakarta Khoo Hean Siang Executive Vice President SMRT Train N. Sivasailam Managing Director Bangalore Metro Rail Corporation Ltd. Endorser Register Today! Contact us Via E: [email protected] T: +86 21 6840 7631 W: http://www.cdmc.org.cn/mws F: +86 21 6840 7633 8th Metro World Summit 2013 17-18 April | Shanghai, China China Urban Rail Plan 2012 Dear Colleagues, During the "12th Five-Year Plan" period (2011-2015), China's national railway operation of total mileage will increase from the current 91,000 km to 120,000 km. Among them, the domestic urban rail construction showing unprecedented hot situation, a new round of metro construction will gradually develop throughout the country.
    [Show full text]
  • Your Paper's Title Starts Here
    2019 International Conference on Computer Science, Communications and Big Data (CSCBD 2019) ISBN: 978-1-60595-626-8 Problems and Measures of Passenger Organization in Guangzhou Metro Stations Ting-yu YIN1, Lei GU1 and Zheng-yu XIE1,* 1School of Traffic and Transportation, Beijing Jiaotong University, Beijing, 100044, China *Corresponding author Keywords: Guangzhou Metro, Passenger organization, Problems, Measures. Abstract. Along with the rapidly increasing pressure of urban transportation, China's subway operation is facing the challenge of high-density passenger flow. In order to improve the level of subway operation and ensure its safety, it is necessary to analyze and study the operation status of the metro station under the condition of high-density passenger flow, and propose the corresponding improvement scheme. Taking Guangzhou Metro as the study object, this paper discusses and analyzes the operation and management status of Guangzhou Metro Station. And combined with the risks and deficiencies in the operation and organization of Guangzhou metro, effective improvement measures are proposed in this paper. Operation Status of Guangzhou Metro The first line of Guangzhou Metro opened on June 28, 1997, and Guangzhou became the fourth city in mainland China to open and operate the subway. As of April 26, 2018, Guangzhou Metro has 13 operating routes, with 391.6 km and 207 stations in total, whose opening mileage ranks third in China and fourth in the world now. As of July 24, 2018, Guangzhou Metro Line Network had transported 1.645 billion passengers safely, with an average daily passenger volume of 802.58 million, an increase of 7.88% over the same period of 2017 (7.4393 million).
    [Show full text]
  • GMT Report2012.Qxp
    GLOBAL METRO PROJECTS REPORT 2012 Metropolitan railways (metros) are high capacity electric transport systems that operate on dedicated routes, and can thereby achieve high service speed and frequency. Over the last few years, metros (also known as subway, underground or tube) have evolved as an efficient and effective urban mobility solution in addressing the growing concerns of urbanisation and climate change. This is supported by the fact that despite high capital requirements the sector witnessed a compound annual growth rate (CAGR) of 6.7 per cent between 2005 and 2010. In high density urban areas, metros form the backbone of integrated public transport systems and offer proven economic, social and environmental benefits. Given the huge investment requirement and long life span, metro systems have always been a driving force for technological and financial innovations. Government and metro operators are constantly seeking solutions to improve reliability and customer service, lower fuel and maintenance costs, as well as increase efficiency and safety levels in operations. The Global Metro Projects Report provides updated information on the world's top 101 metro projects that present significant capital investment opportunities. These projects have a total existing network length of about 8,900 km and a proposed length of over 8,000 km. The report covers 51 countries representing about 80 per cent of the world’s gross domestic product. It presents the key information required to assess investment opportunities in the development of new lines, extension and upgrade of existing lines, rolling stock procurement and refurbishment, power and communication systems upgrades, fare collection, as well as station construction and refurbishment.
    [Show full text]
  • Shanghai, China Overview Introduction
    Shanghai, China Overview Introduction The name Shanghai still conjures images of romance, mystery and adventure, but for decades it was an austere backwater. After the success of Mao Zedong's communist revolution in 1949, the authorities clamped down hard on Shanghai, castigating China's second city for its prewar status as a playground of gangsters and colonial adventurers. And so it was. In its heyday, the 1920s and '30s, cosmopolitan Shanghai was a dynamic melting pot for people, ideas and money from all over the planet. Business boomed, fortunes were made, and everything seemed possible. It was a time of breakneck industrial progress, swaggering confidence and smoky jazz venues. Thanks to economic reforms implemented in the 1980s by Deng Xiaoping, Shanghai's commercial potential has reemerged and is flourishing again. Stand today on the historic Bund and look across the Huangpu River. The soaring 1,614-ft/492-m Shanghai World Financial Center tower looms over the ambitious skyline of the Pudong financial district. Alongside it are other key landmarks: the glittering, 88- story Jinmao Building; the rocket-shaped Oriental Pearl TV Tower; and the Shanghai Stock Exchange. The 128-story Shanghai Tower is the tallest building in China (and, after the Burj Khalifa in Dubai, the second-tallest in the world). Glass-and-steel skyscrapers reach for the clouds, Mercedes sedans cruise the neon-lit streets, luxury- brand boutiques stock all the stylish trappings available in New York, and the restaurant, bar and clubbing scene pulsates with an energy all its own. Perhaps more than any other city in Asia, Shanghai has the confidence and sheer determination to forge a glittering future as one of the world's most important commercial centers.
    [Show full text]
  • Mitsubishi Electric and Zhuzhou CSR Times Electronic Win Order for Beijing Subway Railcar Equipment
    FOR IMMEDIATE RELEASE No. 2496 Product Inquiries: Media Contact: Overseas Marketing Division, Public Utility Systems Group Public Relations Division Mitsubishi Electric Corporation Mitsubishi Electric Corporation Tel: +81-3-3218-1415 Tel: +81-3-3218-3380 [email protected] [email protected] http://global.mitsubishielectric.com/transportation/ http://global.mitsubishielectric.com/news/ Mitsubishi Electric and Zhuzhou CSR Times Electronic Win Order for Beijing Subway Railcar Equipment Tokyo, January 13, 2010 – Mitsubishi Electric Corporation (TOKYO: 6503) announced today that Mitsubishi Electric and Zhuzhou CSR Times Electronic Co., Ltd. have received orders from Beijing MTR Construction Administration Corporation for electric railcar equipment to be used on the Beijing Subway Changping Line. The order, worth approximately 3.6 billion yen, comprises variable voltage variable frequency (VVVF) inverters, traction motors, auxiliary power supplies, regenerative braking systems and other electric equipment for 27 six-coach trains. Deliveries will begin this May. The Changping Line is one of five new subway lines scheduled to start operating in Beijing this year. The 32.7-kilometer line running through the Changping district of northwest Beijing will have 9 stops between Xierqi and Ming Tombs Scenic Area stations. Mitsubishi Electric’s Itami Works will manufacture traction motors for the 162 coaches. Zhuzhou CSR Times Electronic will make the box frames and procure certain components. Zhuzhou Shiling Transportation Equipment Co., Ltd, a joint-venture between the two companies, will assemble all components and execute final testing. Mitsubishi Electric already has received a large number of orders for electric railcar equipment around the world. In China alone, orders received from city metros include products for the Beijing Subway lines 2 and 8; Tianjin Metro lines 1, 2 and 3; Guangzhou Metro lines 4 and 5; and Shenyang Metro Line 1.
    [Show full text]
  • Analysis and Evaluation of the Beijing Metro Project Financing Reforms
    Advances in Social Science, Education and Humanities Research, volume 291 International Conference on Management, Economics, Education, Arts and Humanities (MEEAH 2018) Analysis and Evaluation of the Beijing Metro Project Financing Reforms Haibin Zhao1,a, Bingjie Ren2,b, Ting Wang3,c 1Ministry of Transport Research Institute, Chaoyang, Beijing, China,100029; 2Beijing Urban Construction Design & Development Group Co., Limited, Xicheng, Beijing, China,100037; 3School of Civil Engineering, Beijing Jiaotong University, Haidian, Beijing, China, 100044. [email protected], [email protected], [email protected] Keywords: metro; financing; marketisation; reform Abstract. The construction and operation of a metro system are costly, and the sustainable development of a metro system is difficult using government funding alone, particularly for developing countries. The main source for metro system financing in China is, currently, government budget and bank debt. Many cities have begun to seek new ways to attract funds from finance markets, which is increasing the need for the evaluation of metro financing. This study uses Beijing as a case study that utilises various financing modes with impressive results. As participants of the financing reform, the authors collected all the relative government documents and interviewed stakeholders to accomplish this work. This article reviews the development of financing modes for the Beijing Metro system during the last four decades and analyses the role of the government in the reformed financing system within the Chinese social political environment. The study addresses the advantages and challenges of the reforms in this context. To further analyses the technical processes of typical financing modes, the public-private partnership mode of Line 4, the BT mode of Olympic Branch Line, the insurance claim mode of Line 10 and the failure of the market oriented financing for Capital Airport Line are analysed and evaluated in detail.
    [Show full text]
  • Greentown China Holdings Limited
    Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement. GREENTOWN CHINA HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock Code: 03900) ANNOUNCEMENT OF ANNUAL RESULTS FOR THE YEAR ENDED 31 DECEMBER 2020 HIGHLIGHTS • Total contracted sales achieved RMB289.2 billion, representing a year-on-year increase of 43%; • 85 projects were newly added, with a total GFA of approximately 20.41 million sqm and estimated saleable amount of RMB328.8 billion, representing a substantial year- on-year increase of 60%; • Revenue amounted to RMB65.783 billion, representing a year-on-year increase of 6.8%; profit for the year amounted to RMB5.763 billion, representing a year-on-year increase of 46.5%; • Profit attributable to owners amounted to RMB3.796 billion, representing a year-on- year increase of 53.1%; • As at 31 December 2020, bank balances and cash (including pledged bank deposits) totaled RMB65.203 billion (as at 31 December 2019: RMB51.894 billion); net gearing ratio was 63.8%, which remained at a reasonable level; • Weighted average interest cost of total borrowings was 4.9%, representing a decrease of 40 bps as compared to 5.3% in 2019; • Basic earnings per share was RMB1.05, representing a year-on-year increase of 90.9%; the Board has recommended payment of a final dividend of RMB0.35 per share for the year ended 31 December 2020 (2019: RMB0.30 per share).
    [Show full text]
  • (Presentation): Improving Railway Technologies and Efficiency
    RegionalConfidential EST Training CourseCustomizedat for UnitedLorem Ipsum Nations LLC University-Urban Railways Shanshan Li, Vice Country Director, ITDP China FebVersion 27, 2018 1.0 Improving Railway Technologies and Efficiency -Case of China China has been ramping up investment in inner-city mass transit project to alleviate congestion. Since the mid 2000s, the growth of rapid transit systems in Chinese cities has rapidly accelerated, with most of the world's new subway mileage in the past decade opening in China. The length of light rail and metro will be extended by 40 percent in the next two years, and Rapid Growth tripled by 2020 From 2009 to 2015, China built 87 mass transit rail lines, totaling 3100 km, in 25 cities at the cost of ¥988.6 billion. In 2017, some 43 smaller third-tier cities in China, have received approval to develop subway lines. By 2018, China will carry out 103 projects and build 2,000 km of new urban rail lines. Source: US funds Policy Support Policy 1 2 3 State Council’s 13th Five The Ministry of NRDC’s Subway Year Plan Transport’s 3-year Plan Development Plan Pilot In the plan, a transport white This plan for major The approval processes for paper titled "Development of transportation infrastructure cities to apply for building China's Transport" envisions a construction projects (2016- urban rail transit projects more sustainable transport 18) was launched in May 2016. were relaxed twice in 2013 system with priority focused The plan included a investment and in 2015, respectively. In on high-capacity public transit of 1.6 trillion yuan for urban 2016, the minimum particularly urban rail rail transit projects.
    [Show full text]
  • Annual Report 2019 COMPANY OVERVIEW
    ANNUAL SPEEDYY DEVELOPMENT 2019 REPORT Corporate Information 2 Company Overview 3 Financial Highlights 6 Chairman’s Statement 7 Management Discussion and Analysis 13 Risk Factor Analysis 26 Investor Relations 28 Biographical Details of Directors and 30 CONTENTS Senior Management Directors’ Report 36 Corporate Governance Report 54 Definitions 69 Independent Auditor’s Report 72 Consolidated Statement of Profit or Loss 82 Consolidated Statement of Profit or Loss and 83 Other Comprehensive Income Consolidated Statement of Financial Position 84 Consolidated Statement of Changes in Equity 86 Consolidated Cash Flow Statement 88 Notes to the Financial Statements 90 CORPORATE INFORMATION BOARD OF DIRECTORS LEGAL ADVISERS TO THE COMPANY Executive Directors Chiu & Partners Mr. Cao Wei (Vice Chairman) Ms. Xuan Jing (Chief Executive Officer) PRINCIPAL BANKER The Hongkong and Shanghai Banking Corporation Non-Executive Directors Limited Mr. Zhang Yanyou (Chairman) Mr. Guan Jifa REGISTERED OFFICE Mr. Zheng Yi Cricket Square Mr. Ren Yuhang Hutchins Drive P.O. Box 2681 Independent Non-Executive Directors Grand Cayman, KY1-1111 Mr. Bai Jinrong Cayman Islands Mr. Luo Zhenbang (CPA) Mr. Huang Lixin HEAD OFFICE AND PRINCIPAL PLACE OF BUSINESS IN THE PRC AUTHORISED REPRESENTATIVES Jingtou Plaza, No.6 Xiaoying North Road PURSUANT TO RULE 3.05 OF THE Chaoyang District, Beijing, China LISTING RULES Ms. Xuan Jing PRINCIPAL PLACE OF BUSINESS Ms. Cheung Yuet Fan IN HONG KONG Unit 4407, 44/F, COSCO Tower COMPANY SECRETARY 183 Queen’s Road Central Ms. Cheung Yuet Fan Sheung Wan, Hong Kong AUDIT COMMITTEE PRINCIPAL SHARE REGISTRAR AND Mr. Luo Zhenbang (CPA) (Chairman) TRANSFER OFFICE IN CAYMAN ISLANDS Mr. Bai Jinrong SMP Partners (Cayman) Limited Mr.
    [Show full text]