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1
Yuexiu (Hubei) Daqing-Guangzhou South Expressway Successfully Held the Emergency Drill for Traffic Accidents Involving Hazardous Chemicals Transportation in Long and Large Tunnels
Yuexiu (Hubei) Daqing-Guangzhou South Expressway Successfully Held the Emergency Drill for Traffic Accidents Involving Hazardous Chemicals Transportation in Long and Large Tunnels
2020 - 12 - 24
Click count: 99
To further enhance the emergency response capability for the traffic accidents involving hazardous chemicals, a drill was held successfully in the Hubei-Jiangxi Tunnel of Yuexiu (Hubei) Daqing-Guangzhou South Expressway G45 on the morning of December 22, 2020.The drill was organized by Yuexiu Transport and undertaken jointly by the People’s Government of Tongshan County, Xianning City, Hubei Province and Yuexiu (Hubei) Company. He Baiqing, General Manager of Yuexiu Transport, served as the general director of the drill, which received strong support from the local government, the Department of...
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2
CPC Branch Activities of Hanxiao Expressway
CPC Branch Activities of Hanxiao Expressway
2020 - 10 - 28
Click count: 54
Listening to the echo of history and feeling the power of discipline In order to further learn and implement Xi Jinping’s thought on socialism with Chinese characteristics for a new era, educate and guide party members to build up a firm belief and a strict discipline, and rule the CPC rigorously in all aspects, CPC branch members, active CPC candidates and Youth League members of Hubei Xiaohan Expressway Construction and Operation Co., Ltd. (“Xiaohan Company”) visited the CPC Discipline Building History Exhibition Hall in Wuhan Revolution Museum to listen to the echo of history and feel ...
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3
Suiyuenan Company Carried Out the 2020 Employee Sports Meeting and Joint Team Building Activities by Highway Traffic Police and Road Administration Department
Suiyuenan Company Carried Out the 2020 Employee Sports Meeting and Joint Team Building Activities by Highway Traffic Police and Road Administration Department
2020 - 10 - 23
Click count: 79
On October 23, Hubei Suiyuenan Highway Limited Company held the 2020 'Youth and Positive Energy, Vigor and Anti-epidemic' employee sports meeting and joint team building activities of highway traffic police and road administration, officially commenced in the basketball court of the company management center. There were 9 competition events including badminton, basketball, fun group competitions, etc. in this sports meeting. More than 60 people in 5 participating teams from various units of the company, highway traffic police, and road administration department participated in the even...
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4
Promote Development by Innovation, Forge Ahead in the New Era
Promote Development by Innovation, Forge Ahead in the New Era
2020 - 10 - 14
Click count: 57
——GNSR Expressway  organized party members and general members to watch the live broadcast of the 40th anniversary celebration of the establishment of Shenzhen Special Economic Zone 40 years of life-giving spring breeze and rain, and 40 years of progression of seasons have produced fruitful results. At 10:30 am on October 14, 2020, the 40th anniversary celebration of the establishment of the Shenzhen Special Economic Zone was held in Shenzhen. Xi Jinping, General Secretary of the CPC Central Committee, President of PRC, and Chairman of the Central Military Commission, attended the co...
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5
Expressway network publicity conducted by Changzhu Expressway at the 10th anniversary of service with the growth rate rebound in the second half
Expressway network publicity conducted by Changzhu Expressway at the 10th anniversary of service with the growth rate rebound in the second half
2020 - 09 - 08
Click count: 52
Since the recovery of toll collection of the expressway, Hunan Changzhu Expressway Development Co., Ltd. (“Changzhu Expressway”) has taken a number of measures concurrently to secure income. To date, Changzhu Expressway has realized a double-digit growth in toll income and vehicle traffic.In order to further strengthen the growth momentum, attract traffic, improve efficiency, and reduce the impact of the toll-free pandemic period, Changzhu Expressway has conducted serial expressway network publicity with focus on the Changzhu Expressway’s contributions in promoting local economic development, ...
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6
The 2020 Water GamesHeld by GNSR Expressway
The 2020 Water GamesHeld by GNSR Expressway
2020 - 08 - 26
Click count: 29
With the cool breeze of golden autumn and the refreshing fragrance of osmanthus, the 2020 Water Games was jointly held by the Labor Union and General Branch Committee of the Youth League of the Company on August 26th. Various departments and toll stations formed 6 sports teams with more than 100 players participated in this event.There were three competition events: 'Pull Together (tug-of-war in the water)', 'Happy Brave March(racing in the water)', 'Extreme Challenge(water volleyball)', etc. 2 lifeguards were assigned in each event to ensure the players’ personal safet...
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7
Wuzhou Construction Investment Group Visited GNSR Expressway for Party Building Work Exchanges
Wuzhou Construction Investment Group Visited GNSR Expressway for Party Building Work Exchanges
2020 - 08 - 31
Click count: 66
On the afternoon of August 31st, Long Wenbing, Deputy Secretary of the Party Committee of Wuzhou Construction Investment Development Group in Guangxi Province, led the group’s Party and Public Liaison Department and staff of related party affairs from 10 subordinate basic-level party organizations, a total of 27 people visited the GNSR Expressway  to communicate on the work of party building. The group of Wuzhou Construction Investment Development Group first visited the party building forum of the GNSR Expressway , and then the monitoring center to learn about the traffic flow and revenu...
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8
ETC gantry on the Cangyu Expressway optimized for higher accuracy
ETC gantry on the Cangyu Expressway optimized for higher accuracy
2020 - 07 - 30
Click count: 75
In order to further reduce toll losses and improve billing accuracy, Yuexiu Cangyu Expressway Co.,Ltd. (“Cangyu Company”) tested and optimized the gantry system under the technical guidance of Guangxi Transportation Science and Technology Group Co., Ltd., with focus on checking the gantry software and antenna settings, judging the surrounding environment and the antenna angles on site, analyzing transaction logs and special case data, etc.As the contractor of the electrical and mechanical engineering for the canceled provincial boundary toll gates on the Cangyu Expressway, Guangxi Transportati...
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9
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
Click count: 245
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...
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10
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
Click count: 199
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 ...
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11
Yilian Expressway open to traffic
Yilian Expressway open to traffic
2011 - 10 - 11
Click count: 185
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 Expressw...
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13
A Proposal for the Acquisition of Lanwei Expressway in Henan Province by Yuexiu Transport Was Endorsed by An Overwhelming Majority Vote
A Proposal for the Acquisition of Lanwei Expressway in Henan Province by Yuexiu Transport Was Endorsed by An Overwhelming Majority Vote
2022 - 11 - 18
Click count: 128
On the morning of November 18, 2022, Yuexiu Transport Infrastructure Limited (stock code: 01052.HK) held a special general meeting of shareholders. Chairman Li Feng presided over the meeting via video link. The meeting discussed the proposal for acquiring 100% of the equity of a company (“Target Company”) engaging in the operation of Lanwei Expressway in Henan Province, China through the company’s wholly-owned subsidiary from Yuexiu Group at a total price of 1.098 billion yuan. The proposal was finally passed at the meeting by as high as 99.98% of affirmative votes.The Lanwei Expressway operat...
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14
Moody’s and Fitch say the acquisition of Lanwei and the land expropriation work of the preliminary portion of the GNSR Expressway R&E project will not affect the company
Moody’s and Fitch say the acquisition of Lanwei and the land expropriation work of the preliminary portion of the GNSR Expressway R&E project will not affect the company's rating
2022 - 11 - 10
Click count: 205
Yuexiu Transport is committed to maintaining the investment-grade credit ratings (Moody’s: Baa2, Fitch: BBB) from Moody's and Fitch, which issued separate press releases following the company's announcement on the acquisition of Lanwei Expressway and the land expropriation work agreement in connection with the preliminary portion of the GNSR Expressway R&E project.Moody’s says: “Assuming the two transactions are executed as planned, Moody's estimates that Yuexiu Transport's leverage, as measured by funds from operations/debt, will be in the range of 13%-15% in 2022-24, whic...
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