Shandong Hi-Speed Group Co., Ltd. (hereinafter referred to as SDHS), a solely state-owned super-large enterprise group under the administration of CPC Shandong Provincial Committee with Shandong Provincial State-owned Assets Supervision and Administration Commission as the capital contributor, is mainly engaged in investment, construction, operation and management of transportation infrastructure and intelligent transportation, comprehensive land development affiliated to transportation infrastructures, logistics and relevant ancillary services, as well as financial assets investment and management.
By the end of 2019, SDHS has the registered capital of CNY 23.3 billion (USD 3.3 billion) and the total assets of CNY 729.5 billion (USD 103.3 billion), ranking the first in asset scale among enterprises in Shandong Province and enterprises of the same industry in China. With businesses in 22 provinces at home and more than 100 countries and regions abroad, as well as the domestic AAA credit rating and international A credit rating, SDHS has been ranked among “China’s Top 500 Companies” for 13 consecutive years.
SDHS has 3 listed companies, i.e. Shandong Hi-Speed Company Limited (600350.SH), Shandong Hi-Speed Road & Bridge Co., Ltd. (000498.SZ) and China Shandong Hi-Speed Financial Group Limited (00412.HK), and more than 20 wholly-owned and holding subsidiaries. Shandong Hi-Speed Company Limited is the listed company with the longest operating mileages in the road & bridge field in China and a representative of the “blue chip”. Shandong Hi-Speed Road & Bridge Co., Ltd., with the main economic indicators ranking the top among the provincial-level road & bridge construction enterprises all over China for many years, is one of the first batch of enterprises with the special class qualification for general contracting of construction of road engineering. China Shandong Hi-Speed Financial Group Limited, which has the full license of the Hong Kong capital market, is an overseas investment and financing platform of SDHS. Weihai City Commercial Bank, which is the first regional city commercial bank in Shandong Province, has been rated as the national “Best City Commercial Bank” for many times. Shandong Hi-Speed Rail Transit Group Co., Ltd. is responsible for planning, construction and transportation management of local railways and interurban railways throughout Shandong Province. Shandong Bohai Bay Port Group Co., Ltd., as one of the 4 major port groups in Shandong Province, is responsible for unified planning, investment, construction and operation management of Dongying Port, Weifang Port and Binzhou Port and shorelines. Shandong High-Speed Logistics Group Co., Ltd. is responsible for coordinating the operation of the China-Europe Railway Express in Shandong Province, striving to build three major logistics platforms, namely, the China-Europe Railway Express multimodal transport network, the highway logistics backbone network and the comprehensive logistics industrial park.
Embarking on a new beginning, SDHS will make every effort to implement the decisions and arrangements made by the central authorities and the CPC Shandong Provincial Committee and Shandong Provincial Government. By insisting on the human-oriented principle and focusing on the primary responsibilities and businesses, SDHS shall be committed to achieving high-quality development, so as to make the public enjoy the top-grade public service, create value for the society, enhance profit for the company, bring benefits to the employees, and make new and greater contributions to the building of economically and culturally powerful Shandong Province
