Zhejiang Expressway Co. Ltd.
Description Zhejiang Expressway Co., Ltd., an infrastructure company, principally engages in the investment, development, operation, maintenance, and management of high grade roads in the Peoples Republic of China. It operates through three segments: Toll Operation, Service Area and Advertising Businesses, and Securities Operation. The Toll Operation segment is involved in the operation and management of high grade roads; and collection of the expressway tolls. The Service Area and Advertising Businesses segment engages in the sale of food; operation of restaurants; servicing of automobiles; operation of petrol and gas stations; and design and rental of advertising billboards along the expressways. The Securities Operation segment provides securities broking, margin financing, and securities lending services; and is involved in proprietary trading activities. Zhejiang Expressway also provides vehicle towing, repair, and emergency rescue services. Its major assets under management include the 248 kilometer (km) Shanghai-Hangzhou-Ningbo Expressway, the 142 km Shangsan Expressway, and ancillary facilities along the two expressways. The company was founded in 1997 and is based in Zhejiang, China. Zhejiang Expressway Co., Ltd. is a subsidiary of Zhejiang Communications Investment Group Co., Ltd. To view the detailed information, you need to SUBSCRIBE with us. |
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