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Huabei Expressway Co., Ltd. is a joint-stock company established by Huajian transportation economic development center, Tianjin Jingjintang expressway company, Beijing Jingjintang Expressway Company and Hebei Highway Development Co., Ltd. with Jingjintang expressway as assets through public offering. The registered capital of the company is 109 million yuan. As of December 31, 2007, the total assets of the company were 4090599052.53 yuan, and the net assets were 3773341613.71 yuan.