Zhejiang Expressway Co. Ltd. Class H
0.68
EUR
-0.01
(-2.17%)
ISIN
CNE1000004S4
Return %
Stock
S&P 500
1Y
-20.12
14.20
3Y
3.55
81.12
5Y
-3.31
68.34
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
CNY
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Qi Ming Wang
- Full Time Employees
- 11,680
- Sector
- Transportation
- Industry
- Other transportation
- Address
- No. 2 Mingzhu Intl. Business Ctr Hangzhou ZH China 310020
- IPO Date
- May 15, 1997
- Website
- zjec.com.cn
- Similar Companies
- Business
- Zhejiang Expressway Co., Ltd. is a state-owned infrastructure company principally engaged in investing in, developing, operating, and managing high-grade expressways primarily in Zhejiang Province, China. Its core products and services encompass the ownership and operation of nine major expressways including the Shanghai-Hangzhou-Ningbo Expressway, Shangsan Expressway, Ningbo-Jinhua Expressway section, Hanghui Expressway, Huihang Expressway, Shenjiahuhang Expressway, Zhoushan Bay Bridge, LongLiLiLong Expressway, Zhajiasu Expressway, and HuangQuNan Expressway. The company also provides related ancillary services such as automobile servicing, gas station operations, vehicle towing, repair, emergency and rescue services, as well as investment management, advisory, and technology services. Its securities business is conducted through its subsidiary Zheshang Securities, which is publicly listed on the Shanghai Stock Exchange. Founded in 1997 and headquartered in Zhejiang, China, Zhejiang Expressway operates primarily within China, with a focus on expressway infrastructure and transportation services. The company’s controlling shareholder is Communications Group, a wholly state-owned enterprise established by the Zhejiang Provincial Government. The Group oversees diversified transportation infrastructure investments, including expressway maintenance, toll collection, and related construction projects. Recent major developments include the proposed absorption and merger with Zhejiang Oceanking Development, announced in September 2025, which aims to create synergies, optimize resource allocation, and accelerate the company's expansion in expressway assets and services. This transaction involves issuing A shares to Oceanking Development shareholders and is expected to enhance Zhejiang Expressway's financial strength and operational efficiency. Additionally, the company has secured new traffic maintenance and upgrade contracts in 2025, reinforcing its market position. It has also undergone management changes with updates to its board of directors and business scope expansion as of late 2025. Zhejiang Expressway continues to focus on intelligent transportation, integration of energy with transport infrastructure, and fostering growth in expressway-related economic zones, aligning with its strategic business enhancement plans. Overall, Zhejiang Expressway maintains a comprehensive portfolio of expressway investment, development, and ancillary services, supported by strategic mergers, ongoing infrastructure upgrades, and expansion initiatives within Zhejiang Province. It remains a key player in China's transportation infrastructure sector with growing influence and diversified service offerings.