News - YUEXIU (CHINA) TRANSPORT INFRASTRUCTURE INVESTMENT LIMITED

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 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...

[ 2018 - 01 - 05 ]

Yuexiu Transport Infrastructure Announces 2017 Interim Results

Yuexiu Transport Infrastructure Announces 2017 Interim ResultsCore Projects Grow Strongly, Profit Increases by 8.7%Financial Highlights:For Six months ended 30 June (RMB’000)2017 2016 ChangeIncome from operations1,200,1251,233,888-2.7%Profit attributable to shareholders380,070349,6198.7%Basic earnings per share (RMB)0.22720.20908.7%Interim dividend per shareHKD 0.13HKD 0.130On 10 August 2017, Yuexiu Transport Infrastructure Limited (“Company”) is pleased to announce the unaudited consolidated results of the Company and its subsidiaries for the six months ended 30 June 2017(“Reporting Period”). During the Reporting Period, the Company’s overall operating results remained stable. On one hand, core subsidiaries of the Company like GNSR Expressway, Suiyuenan Expressway, and Weixu Expressway grew strongly and achieved high double-digit percentage growth in revenue and profit while the profit contribution of associates and joint ventures exceeded 20%. On the other ha...

[ 2017 - 08 - 22 ]

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, 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...

[ 2017 - 07 - 20 ]

Yuexiu Transport Announced 2016 Interim Results

Yuexiu Transport Infrastructure Limited (“Company”) announced the 2016 interim results on 17th August. During the reporting period, the Company overcame the downward pressure from the economy and benefited from additional contribution from the Suiyuenan Expressway upon its incorporation into the consolidated statements and the organic growth of existing projects, including GNSR Expressway, recording continuous stable increase in its operating results. Both operating income and profit before tax achieved double-digit growth year-on-year. In particular, the operating revenue of the Group hit another record high with a year-on-year growth of 32.4% to RMB1,234 million. Profit after tax also recorded a 14.6% year-on-year growth to RMB 466 million. If excluding the additional income contribution from the Suiyuenan Expressway, toll income reported a 12.01% year-on-year growth to an absolute amount of RMB1,038 million . The Board resolved to declare an interim dividend of RMB0.11 per...

[ 2016 - 08 - 19 ]

Yuexiu Transport Successfully Issues RMB 1 Billion Panda Bonds

Yuexiu Transport successfully issued RMB 1 billion Panda Bonds on 23 March 2016, becoming the first public offering on the stock exchange to issue them and representing a major breakthrough in diversifying financial channels. Yuexiu Transport issued Panda Bonds amounting to RMB 1 billion, some of which are of the “3+2” term bonds of RMB 3 billion with a coupon rate of 2.85% that represented a historic new low. “5+2” term bonds of RMB 7 billion with a coupon rate of 3.38%. This time, the Panda Bond received a “CITIC” granted credit rating and a bond rating of AAA. After issuance, the bond will trade on the Shanghai Stock Exchange. Guangzhou Securities Limited is a key distributor. Also, Yuexiu Transport took advantage of China’s policy to push and liberalize Panda Bonds as a test point, successfully “stealing the beach and becoming the “pioneer” in publicly issuing Panda Bonds in overseas non-financial corporations. Through Panda Bonds, the Group managed to establish new...

[ 2016 - 03 - 24 ]

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 legally received approval from Hubei Provincial Municipal Government for toll collection.

[ 2011 - 12 - 08 ]

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 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...

[ 2011 - 12 - 08 ]

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 ]

FTCC model for the implications of Yuexiu Group’s core value

I. Implications of the model The implications of the core value are faith (F), trust (T), confidence (C) and credit (C), which are the common requirements for the core value of “always striving to excel” proposed for the enterprise and individuals. Among them: “Faith” means “striver orientation”, sticking to the goal of “growing into a century-old shop”, and maintaining the passion for “startup, innovation and creation”. “Credit” is the “integration of responsibility, elaborate works and capital”, and the “grindstone of difficulty, frustration and success”. We advocate the concept that “trust is more important than wealth”. “Trust” is based on “loyalty, excellence and good performance”, and is the “highest reward for long-tested partners”, where the more one is trusted, the more supervision and self-discipline he/she needs. “Confidence” is supported by faith, builds on credit and is connected with trust. We should be faithful, credible, ...

[ 2017 - 07 - 01 ]

YTIL 20th Anniversary Workers’ Art Show & Strategic Cooperation Contract-signing Ceremony held succe

2017 will see the 20th anniversary of YTIL’s IPO. At the 20th Anniversary Workers’ Art Show & Strategic Cooperation Contract-signing Ceremony held at Zhujiang Hotel in Guangzhou on January 9, guests from provincial and municipal authorities, partners, Yuexiu Group and affiliated companies gathered beside the Pearl River to witness the past 20 years of development of YTIL since its IPO together. The past two decades saw YTIL’s constant efforts and brilliant achievements, which were much attributed to Yuexiu Group’s scientific guidance and great support. Mr. Zhang Zhaoxing, Secretary of the CPC Committee and Chairman of Yuexiu Group, sent a video message, “Growth with quality is what Yuexiu Group focuses on during the 13th Five-year Plan period.” As the “stabilizer” of the Group, YTIL should explore new profit growth point actively while further developing its main business lines, and realize leapfrog development in effectiveness and scale while increasing net return on assets.&...

[ 2017 - 01 - 10 ]