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  • Yuexiu Transport Infrastructure Announces 2020 Annual Results

    Yuexiu Transport Infrastructure Announces 2020 Annual Results
    Successfully withstands pandemic’s impact and demonstrates significant operational resilience Achieves Profit GainsFinancial Highlights: Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”; stock code: 1052) announced its 2020 annual results on 9th March 2021.During the Reporting Year, the Ministry of Transport of China extended the implementation of toll exemption for small passengers cars with seven seats or less during the spring festival holiday by 9 days apart from the original plan, and implemented toll fee exemption for cars on toll roads across the country from 17 February to 5 May 2020 (79 toll-free days in total), in response to the need for prevention and control of COVID-19 epidemic. As a result, the Company’s operating results were ...
    2021 - 03 - 09
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  • Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price

    Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price
    As the extension of Rizhao-Lankao National Expressway in Henan, Lankao-Weishi Expressway is an important part of the backbone highway network of the province and an important passage from central Henan to Shandong Province. It is an axis that links up the economic development of the regions along the line such as Weishi, Lankao and Xuchang. With a total length of 61.03km, it consists of bidirectionally 4 lanes and involves a total investment of about 2.4 billion yuan. The remaining toll collecting period is 13.5 years. In recent years, its traffic has maintained an obvious momentum of continuous and steady growth, creating satisfactory economic benefits. Located in the central part of China, Henan province is an important traffic hub connecting every corner of the country. Among the nation...
    2020 - 12 - 19
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  • Yuexiu Transport Infrastructure Announced 2020 Interim Results

    Yuexiu Transport Infrastructure Announced 2020 Interim Results
    The Company gets through difficult operating environment with strong financial position Business of toll roads and bridges resumes growth    Financial Highlights:For the six months ended 30 June20202019ChangeRevenue (RMB ’000)839,5901,380,910-39.2%(Loss)/profit attributable to:Shareholders (RMB ’000)(288,121)635,070— Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”; stock code: 1052) announced its 2020 interim results on 19th August 2020. In the first half of 2020, the coronavirus pandemic raged in the entire world. Many countries are fighting very hard battles against the disease which has not yet shown any signs of abating. Their stringent measures to prevent and control the pandemic have dealt a heavy blow to the g...
    2020 - 08 - 19
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  • Framework Agreement for Strategic Cooperation Signed between Yuexiu Group and Guangzhou Communication Investment Group

    Framework Agreement for Strategic Cooperation Signed between Yuexiu Group and Guangzhou Communication Investment Group
    On May 28, a ceremony was held for signing a framework agreement for strategic cooperation between Yuexiu Group and Guangzhou Communication Investment Group (“GTIG”). Zhang Zhaoxing, secretary of the Party Committee and chairman of Yuexiu Group, and Yang Yuzheng, secretary of the Party Committee and chairman of GTIG attended the ceremony.General Manager Ye Shanhu of Yuexiu Group and GTIG General Manager Xu Jiehong signed the agreement on behalf of the two parties. Under the agreement, the parties will start comprehensive strategic cooperation in the fields of traffic infrastructure, urban renovation and transformation, modern agriculture and financial servicesusing complementarity to achieve mutual benefits.The two parties held a symposium before the ceremony. Mr. Zhang presented the basic...
    2020 - 05 - 29
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  • 1000-year-old Maritime Silk Road Reopened with Start of Pazhou-Hong Kong-Macao Passager Port Project

    1000-year-old Maritime Silk Road Reopened with Start of Pazhou-Hong Kong-Macao Passager Port Project
    Pazhou has been a significant place of all times.The ancient Pazhou Port has been an important trade port since the Song Dynasty. By the Qing Dynasty, the important of the ancient Huangpu Port at Pazhou rose to its peak as it became the only port for trade between the Qing Dynasty and the rest of the world.On May 26, a ceremony was held for business promotion and start of the Pazhou-Hong Kong-MacaoPassenger Port (“Project”) on the bank of the river where legend has it that “golden turtles often emerged shining like sun”.  At the ground breaking ceremony for Project promotion held in Guangzhou on May 26, Yang Xianchang, secretary of the Party Committee and chairman of Guangdong Province Navigation Group Co., Ltd., made a speech, while Xie Yanhui, member of the Party Committee of Yuexiu...
    2020 - 05 - 28
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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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  • 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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  • 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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  • 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 Announces 2020 Annual Results
    Yuexiu Transport Infrastructure Announces 2020 Annual Results
    2021 - 03 - 09
    Successfully withstands pandemic’s impact and demonstrates significant operational resilience Achieves Profit GainsFinancial Highlights: Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”; stock code: 1052) announced its 2020 annual results on 9th March 2021.During the Reporting Year, the Ministry of Transport of China extended the implementation of toll exemption for small passengers cars with seven seats or less during the spring festival holiday by 9 days apart from the original plan, and implemented toll fee exemption for cars on toll roads across the country from 17 February to 5 May 2020 (79 toll-free days in total), in response to the need for prevention and control of COVID-19 epidemic. As a result, the Company’s operating results were affected, resulting in a loss for the first time in the first half of 2020. However, since the resumption of toll from 00:00 on 6 May, most of the Company’s projects have recorded growth, which partia...
  • Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price
    Good news! — Yuexiu Group Won theToll Right for Remaining Years of the Lankao-Weishi Expressway in Henan with Reserve Price
    2020 - 12 - 19
    As the extension of Rizhao-Lankao National Expressway in Henan, Lankao-Weishi Expressway is an important part of the backbone highway network of the province and an important passage from central Henan to Shandong Province. It is an axis that links up the economic development of the regions along the line such as Weishi, Lankao and Xuchang. With a total length of 61.03km, it consists of bidirectionally 4 lanes and involves a total investment of about 2.4 billion yuan. The remaining toll collecting period is 13.5 years. In recent years, its traffic has maintained an obvious momentum of continuous and steady growth, creating satisfactory economic benefits. Located in the central part of China, Henan province is an important traffic hub connecting every corner of the country. Among the nationwide integrated transport passageways of “10 vertical and 10 horizontal”, 5 go through Henan, earning it the title of “hinterland of the nation, thoroughfare of the provinces”. It is one of the import...
  • Yuexiu Transport Infrastructure Announced 2020 Interim Results
    Yuexiu Transport Infrastructure Announced 2020 Interim Results
    2020 - 08 - 19
    The Company gets through difficult operating environment with strong financial position Business of toll roads and bridges resumes growth    Financial Highlights:For the six months ended 30 June20202019ChangeRevenue (RMB ’000)839,5901,380,910-39.2%(Loss)/profit attributable to:Shareholders (RMB ’000)(288,121)635,070— Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or the “Company”; stock code: 1052) announced its 2020 interim results on 19th August 2020. In the first half of 2020, the coronavirus pandemic raged in the entire world. Many countries are fighting very hard battles against the disease which has not yet shown any signs of abating. Their stringent measures to prevent and control the pandemic have dealt a heavy blow to the global economy. The toll road industry bore the brunt of the fall in toll revenue caused by the anti-pandemic measures and the government’s toll-free policy. For the six months ended 30 June 2019 (the ...
  • Framework Agreement for Strategic Cooperation Signed between Yuexiu Group and Guangzhou Communication Investment Group
    Framework Agreement for Strategic Cooperation Signed between Yuexiu Group and Guangzhou Communication Investment Group
    2020 - 05 - 29
    On May 28, a ceremony was held for signing a framework agreement for strategic cooperation between Yuexiu Group and Guangzhou Communication Investment Group (“GTIG”). Zhang Zhaoxing, secretary of the Party Committee and chairman of Yuexiu Group, and Yang Yuzheng, secretary of the Party Committee and chairman of GTIG attended the ceremony.General Manager Ye Shanhu of Yuexiu Group and GTIG General Manager Xu Jiehong signed the agreement on behalf of the two parties. Under the agreement, the parties will start comprehensive strategic cooperation in the fields of traffic infrastructure, urban renovation and transformation, modern agriculture and financial servicesusing complementarity to achieve mutual benefits.The two parties held a symposium before the ceremony. Mr. Zhang presented the basics, development strategies and the major achievements in the recent reforms of Yuexiu Group. He pointed out that, in recent years, Yuexiu Group paid high attention to cooperation with other state-owned...
  • 1000-year-old Maritime Silk Road Reopened with Start of Pazhou-Hong Kong-Macao Passager Port Project
    1000-year-old Maritime Silk Road Reopened with Start of Pazhou-Hong Kong-Macao Passager Port Project
    2020 - 05 - 28
    Pazhou has been a significant place of all times.The ancient Pazhou Port has been an important trade port since the Song Dynasty. By the Qing Dynasty, the important of the ancient Huangpu Port at Pazhou rose to its peak as it became the only port for trade between the Qing Dynasty and the rest of the world.On May 26, a ceremony was held for business promotion and start of the Pazhou-Hong Kong-MacaoPassenger Port (“Project”) on the bank of the river where legend has it that “golden turtles often emerged shining like sun”.  At the ground breaking ceremony for Project promotion held in Guangzhou on May 26, Yang Xianchang, secretary of the Party Committee and chairman of Guangdong Province Navigation Group Co., Ltd., made a speech, while Xie Yanhui, member of the Party Committee of Yuexiu Group, assistant to the director of the Administrative Committee and secretary of the Party Committee of Yuexiu Transport Infrastructure Limited, delivered a welcome speech. Also present at the cerem...
  • 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]...
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