Guangdong Provincial Expressway Development Co., Ltd. (000429.SZ) SHZ

Currency In CNY

AD

Guangdong Provincial Expressway Development Co., Ltd.

Address

Litong Plaza

Guangzhou, 510623

China

Phone

86 0 2900 4619

Sector

Industrials

Industry

Industrial - Infrastructure Operations

Employees

2994

First IPO Date

February 20, 1998

Key Executives

NameTitlePayYear Born
Yisan ZhouGeneral Counsel & Legal Counsel01981
Hanming YangSecretary to the Board01970
Ming LuChief Accountant, Chief Financial Officer & Director01979
Jiang ZuoDeputy GM & Director01973
Baoguo LuoDeputy General Manager01974
Qijun ZhuDeputy General Manager01984
AD

Description

Guangdong Provincial Expressway Development Co., Ltd., a subsidiary of Guangdong Communication Group Co., Ltd., specializes in the development and operation of expressways and bridges across the People's Republic of China. The company's responsibilities extend to the toll collection, management, and ongoing maintenance of key routes such as the Guangfo, Fokai, Jingzhu (Guangzhu section), and Guanghui Expressways. Diversifying its portfolio, it also invests in technology-focused industries and provides related consulting expertise. Moreover, the company offers a broad range of auxiliary services, including fueling stations, roadside assistance, vehicle maintenance and transport, and catering support. Its activities also encompass the development and investment in warehousing solutions, along with the supply of spare parts and components. By the close of 2021, the company managed 306.78 kilometers of expressways under its share-controlled umbrella and held participation in an additional 295.88 kilometers. Founded in 1993 and headquartered in Guangzhou, China, the company was initially known as Guangdong Fokai Expressway Co., Ltd. before rebranding to its current name in June of that founding year.

AD