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  • 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 operated by the Target Company and approved by the shareholders’ meeting for acquisition is located in Henan Province. It is in line with the company’s explicit strategy for development in central China ove...
    2022 - 11 - 18
  • On October 17, 2022, the company issued a voluntary announcement. On the same day, Guangzhou Northern Second Ring Expressway Co., Ltd. and Baiyun Land Expropriation Office formally concluded an Agreement on Land Expropriation for the Baiyun Section (Preliminary Works) of Guangzhou North Second Ring Expressway Project (“this Agreement”). As the preliminary step of the reconstruction and expansion project of the Guangzhou North Second Ring Expressway (GNSR Expressway), the signing of the agreement marks a big step forward to the substantial commencement of the reconstruction and expansion project. 1. Brief introduction to Guangzhou North Second Ring Expressway: advantageous geographical location and congested and saturated trafficGNSR Expressway is a core p...
    2022 - 10 - 18
  • On October 17, 2022, the company announced that it intends to acquire 100% equity of Henan Yuexiu Lanwei Expressway Co., Ltd. (“Jinlan Project”) from Yuexiu Group. The Jinlan Project is another practice of Yuexiu Transport to obtain high-quality assets in the mode of “parent incubation” after the Rhododendron Project and also an important measure of the company to implement the development strategy of its “14th Five-Year Plan” and realize three-major-platform interaction. It serves as a milestone for the company to seize opportunities of road toll right auction in a similar platform interaction way in the future.Since 2010, Yuexiu Transport has observed the trend that the manufacturing industry in the eastern coastal areas has moved to the labor-intensive central provinces, seized the...
    2022 - 10 - 17
  • Steady Overall Operation Supported byGradual Recovery in Traffic Volume and Toll Revenue  Grasping Strategic Development Opportunities to Promote Interactions of Three Platforms  Financial Highlights:For the six months ended 30 June20222021ChangesRevenue (RMB ’000)1,615,5381,831,743-11.8%Profit attributable to shareholders (RMB ’000)295,318 467,699-36.9%Basic earnings per share (RMB)0.1765 0.2795-36.9%Interim dividend per share (HK$)0.10 0.20-50.0%Interim dividend payout ratio48.8%59.5%Down 10.7 percentage points (9 August 2022 – Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or “Company”; stock code: 1052) announced its interim results for the six months ended 30 June 2022. 1. Stable overall operation demonstratin...
    2022 - 08 - 09
  • On December 14, 2021, under the guidance of the National Development and Reform Commission, China Securities Regulatory Commission and Shenzhen Stock Exchange, and with the strong support from Guangdong Development and Reform Commission, CPC Guangzhou Municipal Committee, Guangzhou Municipal People’s Government, Guangzhou State-owned Assets Supervision and Administration Commission and other departments, the ceremony for the listing of Real Estate Investment Trust for Huaxia Yuexiu Expressway ('Huaxia Yuexiu Expressway REIT'; fund cod: 180202) was successfully held. With the bell ringing for the listing of Huaxia Yuexiu Expressway REIT, another domestic listing platform was formed for the state-owned assets of Guangzhou Municipality, which marks another solid step made by Yuexiu Gr...
    2021 - 12 - 14
  • 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
  • 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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  • 2022 - 11 - 18
    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 operated by the Target Company and approved by the shareholders’ meeting for acquisition is located in Henan Province. It is in line with the company’s explicit strategy for development in central China over the past years and is conducive to enriching the regional portfolio of assets and enhancing anti-risk ability while improving the project management scale in central China. Henan Province ranks firs...
  • 2022 - 10 - 18
    On October 17, 2022, the company issued a voluntary announcement. On the same day, Guangzhou Northern Second Ring Expressway Co., Ltd. and Baiyun Land Expropriation Office formally concluded an Agreement on Land Expropriation for the Baiyun Section (Preliminary Works) of Guangzhou North Second Ring Expressway Project (“this Agreement”). As the preliminary step of the reconstruction and expansion project of the Guangzhou North Second Ring Expressway (GNSR Expressway), the signing of the agreement marks a big step forward to the substantial commencement of the reconstruction and expansion project. 1. Brief introduction to Guangzhou North Second Ring Expressway: advantageous geographical location and congested and saturated trafficGNSR Expressway is a core part of the national expressway network and an artery in the north of Guangzhou. As a part of the highway network connecting the two core first-tier cities Guangzhou and Shenzhen as well as Foshan...
  • 2022 - 10 - 17
    On October 17, 2022, the company announced that it intends to acquire 100% equity of Henan Yuexiu Lanwei Expressway Co., Ltd. (“Jinlan Project”) from Yuexiu Group. The Jinlan Project is another practice of Yuexiu Transport to obtain high-quality assets in the mode of “parent incubation” after the Rhododendron Project and also an important measure of the company to implement the development strategy of its “14th Five-Year Plan” and realize three-major-platform interaction. It serves as a milestone for the company to seize opportunities of road toll right auction in a similar platform interaction way in the future.Since 2010, Yuexiu Transport has observed the trend that the manufacturing industry in the eastern coastal areas has moved to the labor-intensive central provinces, seized the strategic opportunities for promoting the rise of central China and continuously explored high-quality projects in central China. It has merged and acquired 7 projects in Henan, Hubei and Hunan and h...
  • 2022 - 08 - 09
    Steady Overall Operation Supported byGradual Recovery in Traffic Volume and Toll Revenue  Grasping Strategic Development Opportunities to Promote Interactions of Three Platforms  Financial Highlights:For the six months ended 30 June20222021ChangesRevenue (RMB ’000)1,615,5381,831,743-11.8%Profit attributable to shareholders (RMB ’000)295,318 467,699-36.9%Basic earnings per share (RMB)0.1765 0.2795-36.9%Interim dividend per share (HK$)0.10 0.20-50.0%Interim dividend payout ratio48.8%59.5%Down 10.7 percentage points (9 August 2022 – Hong Kong) Yuexiu Transport Infrastructure Limited (“Yuexiu Transport Infrastructure” or “Company”; stock code: 1052) announced its interim results for the six months ended 30 June 2022. 1. Stable overall operation demonstrating resilience and potentialsDuring the first half of 2022, while the COVID-19 pandemic became increasingly complex and severe in both the PRC and internationally, and with such pandemic creating signif...
  • 2021 - 12 - 14
    On December 14, 2021, under the guidance of the National Development and Reform Commission, China Securities Regulatory Commission and Shenzhen Stock Exchange, and with the strong support from Guangdong Development and Reform Commission, CPC Guangzhou Municipal Committee, Guangzhou Municipal People’s Government, Guangzhou State-owned Assets Supervision and Administration Commission and other departments, the ceremony for the listing of Real Estate Investment Trust for Huaxia Yuexiu Expressway ('Huaxia Yuexiu Expressway REIT'; fund cod: 180202) was successfully held. With the bell ringing for the listing of Huaxia Yuexiu Expressway REIT, another domestic listing platform was formed for the state-owned assets of Guangzhou Municipality, which marks another solid step made by Yuexiu Group on its strategic development road for building a multi-level listing platform and ranking itself among the Fortune Global 500 with high-quality growth. The total fund raised by Huaxia Yuexiu ...
  • 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...
  • 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...
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