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  • Yuexiu Transport Infrastructure Announced 2019 Annual Results

    Yuexiu Transport Infrastructure Announced 2019 Annual Results
    Operating Results hit record highsThe company expands and strengthens business to achieve stable growth for the long term1.     Annual operating results hit record highs, reflecting continuing momentum of steady growth On March 6, Yuexiu Transport Infrastructure Limited held press conference to announce its annual results and payment of the final dividend for 2019. For the year ended 31 December 2019, the Company’s revenue and return on equity (ROE) hit record highs. The revenue increased by 6.2% to RMB3.02 billion, exceeding RMB3 billion for the first time. Profit attributable to shareholders was RMB1.14 billion. Basic earnings per share increased by 7.9% to RMB0.6799. All these indicate the continuing momentum of steady growth. The board of directors has pro...
    2020 - 03 - 07
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  • Hanxiao Expressway: Further growth could be seen as Airport Northern Extension open to Traffic

    Hanxiao Expressway: Further growth could be seen as Airport Northern Extension open to Traffic
    On 18th November 2011, the Northern Airport Connection as a part of Hanxiao Expressway, has fully commenced operation. Since then, a fast and convenient access between Wuhan urban and Tian-He Airport has been created. After the full operation of Northern Airport Connection, vehicles from northern Wuhan as well as northwestern Hubei don’t have to make round of city center, but could directly head to Tian-He Airport via Hanxiao Expressway and Northern Airport Connection with much less time consuming. Therefore, traffic volumes of Hanxiao Expressway are expected to enjoy a sustainable growth in future.  Additionally, the Northern Airport Expressway (length:4.968 km), which is an important project in local area aiming to improve traffic between Wuhan urban and Tian-He Aiport, has leg...
    2011 - 12 - 08
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  • Yuexiu Transport passes resolutions by a unanimous vote at special general meeting on acquisition of three expressways in Hubei Province

    Yuexiu Transport passes resolutions by a unanimous vote at special general meeting on acquisition of three expressways in Hubei Province
    (5 November 2019, Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”) held a special general meeting at Novotel Century Hong Kong to pass resolutions on the acquisition of three expressways in Hubei Province from Yue Xiu Enterprises (Holdings) Limited. The resolutions were passed by a unanimous vote.  All the three acquired expressways are located in Wuhan, the capital of Hubei province, and the city’s surrounding area. The possible synergies will be formed with other expressways in Hubei Province under the Company. Hancai Expressway and Han’e Expressway are two of the seven fast urban exit roads under Wuhan’s urban planning. Together with Hanxiao Expressway, the Company will operate and manage three out of seven fast urban exit...
    2019 - 11 - 06
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  • Shantou Bay Bridge: Toll-by-weight policy carried out since late October

    Shantou Bay Bridge: Toll-by-weight policy carried out since late October
    According to the approval documents by Guangdong Provincial Government, the Eastern Area of Guangdong Province, where Shantou, Huizhou and other 8 cities are included, would start to implement toll-by-weight policy since 20th October this year. One of our Associates, which is the Shantou Bay Bridge, would be applied to that policy as a result. Under the toll-by-weight policy, the current mechanism of toll collection which is on the basis of different vehicle categories would not change, but would have extra charge on trucks that are overloaded (30% or more than its maximum capacity) as a penalty. By doing this, numbers of overloaded trucks will be greatly reduced which in turn could ensure public safety as less traffic accident will take place.  According to results in Northern A...
    2011 - 12 - 08
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  • Yuexiu Transport Infrastructure Accelerates Project Layout in Central China

    Yuexiu Transport Infrastructure Accelerates Project Layout in Central China
    (12 September 2019, Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport” or the “Company”) was pleased to announce that the wholly-owned subsidiary of the Company, Guangzhou Yueda Investment Company Limited, had signed an agreement to acquire three expressways in Hubei province from Guangzhou Yue Xiu Holdings Limited for a total consideration of about RMB[5.99] billion. The Company intends to finance approximately 60% of the Total Consideration by bank loan for acquisition and approximately 40% by internal resources. The assets to be acquired under the agreement includes 100% of the equity interests in Yuexiu (Hubei) Expressway Company Limited (“YXHB”), 38.5% of the equity interests in Hancai Expressway Company Limited of Hubei Province (“Hancai”), and all the rights...
    2019 - 09 - 18
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  • Yilian Expressway open to traffic

    Yilian Expressway open to traffic
    On 25th September 2011, the Yilian Expressway has open to traffic, which serves as an important channel links with Hunan province and Guangzhou city. As the Yilian Expressway is connecting with Qinglian Expressway(One of our associates) which locates in Guangdong Province, the network (Guangqing Expressway-Qinglian Expressway-Yilian Expressway) which serves a fast track between Hunan province and Guandong Province has nearly completed, smoothing the Pearl River Delta road network that also facilitate the traffic between other provinces and Guangdong Province.Since the Yilian Expressway has commenced to traffic, it also helps to improve the transport efficiency of Qinglian Expressway. Thus we expect a robust growth in traffic and toll revenue for Qinglian Expressway.
    2011 - 10 - 11
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  • Yuexiu Transport Infrastructure Announces 2019 Interim Results

    Yuexiu Transport Infrastructure Announces 2019 Interim Results
    Profit for the period rose by more than 35% year on yearThe Company seeks opportunities to invest in quality projectsOn August 28 2019, Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”) announced its 2019 interim results in Hong Kong. For the six months ended 30 June 2019 (the “period under review”), the Company’s revenue rose by 0.7% year on year to RMB1,381 million. Profit attributable to shareholders increased by 37.3% year on year to RMB635 million. Basic earnings per share was RMB0.3796. The board of directors proposed an interim dividend of HK$0.18 per share for the first half of 2019, representing a year-on-year increase of 20.0%.Financial Highlights:For the six months ended 30 June20192018ChangeRevenue (RMB ’000)1,380,9101,371,008...
    2019 - 09 - 03
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  • Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weathe

    Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weathe
    Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weather  Under the effects of strong cold air and southeast warm moist air flow, the first round of large scale heavy rain and snow in 2018 began in northern China from the night of January 2. Our Weixu, Suiyuenan, Hanxiao and Changzhu projects have been affected. Facing the severe weather, each project company made advance planning and meticulous deployment and thus ensuring the safe operation of the road sections under each project in the bad weather.First, planning in advance and carrying out anti-freezing and anti-skidding emergency drills. In order to ensure good anti–freezing and anti-skidding work in 2017-2018, and to cope with low temperature, rain and snow and freezing bad weath...
    2018 - 01 - 05
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  • YTIL won design awards at the LACP Annual Report Competition

    YTIL won design awards at the LACP Annual Report Competition
    In this May, YTIL attended the 2016 Annual Report Competition and International Annual Report Design Awards organized by the League of American Communications Professionals (LACP), and won three exceptional awards – “Top 80 Reports”, “Top 40 Chinese Reports” and “Gold Award” (Infrastructure). The judges of the organizer thought highly of YTIL’s 2016 annual report, and gave it full scores in a number of dimensions, including first impression, front cover, chairman’s address, narration, financial report, information clarity, etc. These international awards are a recognition of YTIL’s investor relations work, market communication approach, and achievements in investor relations and information disclosure over these years.  LACP is a specialized international awards organization...
    2017 - 07 - 20
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  • Yuexiu Transport announced 2015 interim results

    Yuexiu Transport announced 2015 interim results
    Yuexiu Transport Infrastructure Limited today announces the interim results of the Company and its subsidiaries for the six months ended 30 June 2015. During the reporting period, the overall operating revenue of the Company hit another record high, with a year-on-year growth of 6.2% to RMB932 million. Profit attributable to shareholders amounted to RMB321 million, up by 10.5% year on year. In particular, GNSR Expressway achieved a significant double-digit percentage growth in net profit contribution. Changzhu Expressway posted a year-on-year growth of nearly 17% in toll revenue despite the ongoing renovation work. The growth in toll revenue was a high double-digit percentage growth and helped to narrow the lossby 48.5%. The Board resolved to declare an interim dividend of HK$0.1...
    2015 - 08 - 19
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  • Yuexiu Transport Infrastructure announces the 2014 annual results

    Yuexiu Transport Infrastructure announces the 2014 annual results
    Yuexiu
    Yuexiu Transport Infrastructure Limited announces the annual results of the Company for the year ended 31 December 2014. During the reporting year, economy of Guangdong province had a steady development with continuous adjustment and optimization of the economic structure. Meanwhile, policies on the toll road industry remained stable and favourable. In regions such as Guangdong, Shandong, Guangxi, Henan and Xinjiang, approvals were granted to some local expressways for increasing toll rates or extending concession periods. Guangdong Province implemented the measures of joint network toll collection and toll-by-weight simultaneously throughout the whole province, which enhanced the operating performance of the Group’s projects in Pearl River Delta of Guangdong Province. The Group’s pro...
    2015 - 03 - 15
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  • Yuexiu Transport Infrastructure Announced 2019 Annual Results
    Yuexiu Transport Infrastructure Announced 2019 Annual Results
    2020 - 03 - 07
    Operating Results hit record highsThe company expands and strengthens business to achieve stable growth for the long term1.     Annual operating results hit record highs, reflecting continuing momentum of steady growth On March 6, Yuexiu Transport Infrastructure Limited held press conference to announce its annual results and payment of the final dividend for 2019. For the year ended 31 December 2019, the Company’s revenue and return on equity (ROE) hit record highs. The revenue increased by 6.2% to RMB3.02 billion, exceeding RMB3 billion for the first time. Profit attributable to shareholders was RMB1.14 billion. Basic earnings per share increased by 7.9% to RMB0.6799. All these indicate the continuing momentum of steady growth. The board of directors has proposed the payment of final dividend of HK$0.21 per share, which together with the paid interim dividend, will bring the total dividends for the reporting year to HK$0.39 per share. The annual dividend...
  • Yuexiu Transport passes resolutions by a unanimous vote at special general meeting on acquisition of three expressways in Hubei Province
    Yuexiu Transport passes resolutions by a unanimous vote at special general meeting on acquisition of three expressways in Hubei Province
    2019 - 11 - 06
    (5 November 2019, Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”) held a special general meeting at Novotel Century Hong Kong to pass resolutions on the acquisition of three expressways in Hubei Province from Yue Xiu Enterprises (Holdings) Limited. The resolutions were passed by a unanimous vote.  All the three acquired expressways are located in Wuhan, the capital of Hubei province, and the city’s surrounding area. The possible synergies will be formed with other expressways in Hubei Province under the Company. Hancai Expressway and Han’e Expressway are two of the seven fast urban exit roads under Wuhan’s urban planning. Together with Hanxiao Expressway, the Company will operate and manage three out of seven fast urban exit roads of Wuhan. Meanwhile, Daguangnan Expressway connects Hubei and Jiangxi Provinces vertically, and forms the southern part of the Daguang Expressway (running from Daqing in the north and ends at G...
  • Yuexiu Transport Infrastructure Accelerates Project Layout in Central China
    Yuexiu Transport Infrastructure Accelerates Project Layout in Central China
    2019 - 09 - 18
    (12 September 2019, Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport” or the “Company”) was pleased to announce that the wholly-owned subsidiary of the Company, Guangzhou Yueda Investment Company Limited, had signed an agreement to acquire three expressways in Hubei province from Guangzhou Yue Xiu Holdings Limited for a total consideration of about RMB[5.99] billion. The Company intends to finance approximately 60% of the Total Consideration by bank loan for acquisition and approximately 40% by internal resources. The assets to be acquired under the agreement includes 100% of the equity interests in Yuexiu (Hubei) Expressway Company Limited (“YXHB”), 38.5% of the equity interests in Hancai Expressway Company Limited of Hubei Province (“Hancai”), and all the rights, benefits and title of and in the entire shareholder’s loan owed by YXHB to the Vendor from 20 March 2019 under the Previous Loan Facility, the principal amount of which being approximately RMB[4.65]...
  • Yuexiu Transport Infrastructure Announces 2019 Interim Results
    Yuexiu Transport Infrastructure Announces 2019 Interim Results
    2019 - 09 - 03
    Profit for the period rose by more than 35% year on yearThe Company seeks opportunities to invest in quality projectsOn August 28 2019, Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”) announced its 2019 interim results in Hong Kong. For the six months ended 30 June 2019 (the “period under review”), the Company’s revenue rose by 0.7% year on year to RMB1,381 million. Profit attributable to shareholders increased by 37.3% year on year to RMB635 million. Basic earnings per share was RMB0.3796. The board of directors proposed an interim dividend of HK$0.18 per share for the first half of 2019, representing a year-on-year increase of 20.0%.Financial Highlights:For the six months ended 30 June20192018ChangeRevenue (RMB ’000)1,380,9101,371,0080.7%Profit attributable to shareholders (RMB ’000)635,070462,42337.3%Basic earnings per share (RMB)0.37960.276437.3%Interim dividend per share (HK$)0.180.1520.0% Mr. Li Feng, Chairman of Yu...
  • Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weathe
    Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weathe
    2018 - 01 - 05
    Planning in Advance and Meticulously Deploying for Ensuring Safe Operation in Rainy and Snowy Weather  Under the effects of strong cold air and southeast warm moist air flow, the first round of large scale heavy rain and snow in 2018 began in northern China from the night of January 2. Our Weixu, Suiyuenan, Hanxiao and Changzhu projects have been affected. Facing the severe weather, each project company made advance planning and meticulous deployment and thus ensuring the safe operation of the road sections under each project in the bad weather.First, planning in advance and carrying out anti-freezing and anti-skidding emergency drills. In order to ensure good anti–freezing and anti-skidding work in 2017-2018, and to cope with low temperature, rain and snow and freezing bad weather efficiently and orderly, each project company began to carry out anti-freezing and anti-skidding emergency drills successively from the middle of December 2017. In addition, emergency commandos con...
  • YTIL won design awards at the LACP Annual Report Competition
    YTIL won design awards at the LACP Annual Report Competition
    2017 - 07 - 20
    In this May, YTIL attended the 2016 Annual Report Competition and International Annual Report Design Awards organized by the League of American Communications Professionals (LACP), and won three exceptional awards – “Top 80 Reports”, “Top 40 Chinese Reports” and “Gold Award” (Infrastructure). The judges of the organizer thought highly of YTIL’s 2016 annual report, and gave it full scores in a number of dimensions, including first impression, front cover, chairman’s address, narration, financial report, information clarity, etc. These international awards are a recognition of YTIL’s investor relations work, market communication approach, and achievements in investor relations and information disclosure over these years.  LACP is a specialized international awards organization, and it’s annual report “Vision Awards” is highly respected in the industry, and enjoys an important position in global annual report selection. Each edition has attracted organizations from many cou...
  • Yuexiu Transport announced 2015 interim results
    Yuexiu Transport announced 2015 interim results
    2015 - 08 - 19
    Yuexiu Transport Infrastructure Limited today announces the interim results of the Company and its subsidiaries for the six months ended 30 June 2015. During the reporting period, the overall operating revenue of the Company hit another record high, with a year-on-year growth of 6.2% to RMB932 million. Profit attributable to shareholders amounted to RMB321 million, up by 10.5% year on year. In particular, GNSR Expressway achieved a significant double-digit percentage growth in net profit contribution. Changzhu Expressway posted a year-on-year growth of nearly 17% in toll revenue despite the ongoing renovation work. The growth in toll revenue was a high double-digit percentage growth and helped to narrow the lossby 48.5%. The Board resolved to declare an interim dividend of HK$0.12 per share for the first half of 2015, equivalent to RMB0.0956832per share (1H 2014: HK$0.11 per share, equivalent to RMB0.087350 per share). This also represents an interim dividend payout ratio of ...
  • Yuexiu Transport Infrastructure announces the 2014 annual results
    Yuexiu Transport Infrastructure announces the 2014 annual results
    2015 - 03 - 15
    Yuexiu Transport Infrastructure Limited announces the annual results of the Company for the year ended 31 December 2014. During the reporting year, economy of Guangdong province had a steady development with continuous adjustment and optimization of the economic structure. Meanwhile, policies on the toll road industry remained stable and favourable. In regions such as Guangdong, Shandong, Guangxi, Henan and Xinjiang, approvals were granted to some local expressways for increasing toll rates or extending concession periods. Guangdong Province implemented the measures of joint network toll collection and toll-by-weight simultaneously throughout the whole province, which enhanced the operating performance of the Group’s projects in Pearl River Delta of Guangdong Province. The Group’s projects in Guangdong such as GNSR Expressway and GWSR Expressway achieved more than 10% growth in toll revenue. The central regions benefited from factors such as the support from the government’s favou...
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  • Hanxiao Expressway: Further growth could be seen as Airport Northern Extension open to Traffic
    Hanxiao Expressway: Further growth could be seen as Airport Northern Extension open to Traffic
    2011 - 12 - 08
    On 18th November 2011, the Northern Airport Connection as a part of Hanxiao Expressway, has fully commenced operation. Since then, a fast and convenient access between Wuhan urban and Tian-He Airport has been created. After the full operation of Northern Airport Connection, vehicles from northern Wuhan as well as northwestern Hubei don’t have to make round of city center, but could directly head to Tian-He Airport via Hanxiao Expressway and Northern Airport Connection with much less time consuming. Therefore, traffic volumes of Hanxiao Expressway are expected to enjoy a sustainable growth in future.  Additionally, the Northern Airport Expressway (length:4.968 km), which is an important project in local area aiming to improve traffic between Wuhan urban and Tian-He Aiport, has legally received approval from Hubei Provincial Municipal Government for toll collection.
  • Shantou Bay Bridge: Toll-by-weight policy carried out since late October
    Shantou Bay Bridge: Toll-by-weight policy carried out since late October
    2011 - 12 - 08
    According to the approval documents by Guangdong Provincial Government, the Eastern Area of Guangdong Province, where Shantou, Huizhou and other 8 cities are included, would start to implement toll-by-weight policy since 20th October this year. One of our Associates, which is the Shantou Bay Bridge, would be applied to that policy as a result. Under the toll-by-weight policy, the current mechanism of toll collection which is on the basis of different vehicle categories would not change, but would have extra charge on trucks that are overloaded (30% or more than its maximum capacity) as a penalty. By doing this, numbers of overloaded trucks will be greatly reduced which in turn could ensure public safety as less traffic accident will take place.  According to results in Northern Area of Guangdong Province where toll-by-weight policy has been carried out at the end of 2009, expressways involved maintain sustainable growth in toll revenue. (Toll revenue of Shantou Bay Bridge gro...
  • Yilian Expressway open to traffic
    Yilian Expressway open to traffic
    2011 - 10 - 11
    On 25th September 2011, the Yilian Expressway has open to traffic, which serves as an important channel links with Hunan province and Guangzhou city. As the Yilian Expressway is connecting with Qinglian Expressway(One of our associates) which locates in Guangdong Province, the network (Guangqing Expressway-Qinglian Expressway-Yilian Expressway) which serves a fast track between Hunan province and Guandong Province has nearly completed, smoothing the Pearl River Delta road network that also facilitate the traffic between other provinces and Guangdong Province.Since the Yilian Expressway has commenced to traffic, it also helps to improve the transport efficiency of Qinglian Expressway. Thus we expect a robust growth in traffic and toll revenue for Qinglian Expressway.
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