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Anhui Wantong Expressway Co., Ltd. (the company) was registered in Anhui Province of the people's Republic of China on August 15, 1996. It is the first highway company listed in Hong Kong in China and the only highway company listed in Anhui Province. On November 13, 1996, the company issued 493.01 million H shares, which were listed on the stock exchange of Hong Kong Limited. On January 7, 2003, 250 million a shares issued by Japanese companies were listed on Shanghai Stock Exchange. As of December 31, 2019, the total share capital of the company is 1658610000 shares, with a par value of RMB 1 per share.
the company's main business is investment, construction, operation and management of some toll roads in Anhui Province. The company obtains operating highway assets through investment and construction, acquisition or cooperative operation, provides passage services for past vehicles, collects vehicle tolls according to charging standards, and carries out maintenance and safety maintenance for operating highways. Toll road is a long-term and large-scale transportation infrastructure with the characteristics of capital intensive, long payback period and relatively stable income.
The company owns Hefei Nanjing Expressway (hening section of G40 Shanghai Shaanxi Expressway), Tianchang section of national highway 205, Gaojie Expressway (Gaojie section of G50 Shanghai Chongqing Expressway), Xuanguang Expressway (Xuanguang section of G50 Shanghai Chongqing Expressway), Guangci Expressway (Guangci section of G50 Shanghai Chongqing Expressway), Tianchang section of Nanjing Huaihe expressway, Anhui section of Lianhuo highway (Anhui section of G30 Lianhuo Expressway) and Gongcheng section of Nanjing Xuanhang expressway All or part of the rights and interests of toll roads located in Anhui Province. As of December 31, 2019, the company's operating highway mileage has reached 557km, with total assets of about RMB 15920012000. In addition, due to the characteristics of expressway network operation, the company also provides entrusted management services (including toll management, maintenance management, information and electromechanical technology management, road product safety management, etc.) for Anhui traffic control group and its subsidiaries. As of January 26, 2021, the total mileage of entrusted management expressway is about 3933 km.
In addition, the company also actively explores and tries the advertising business, financial business and fund investment business along the expressway, so as to further expand the profit space and realize the sustainable development of the company.
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