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Hunan Rail Transit Holding Group Co., Ltd.

2024-07-29

Hunan Rail Transit Holding Group Co., Ltd.

Hunan Rail Transit Holding Group Co., Ltd. (hereinafter referred to as "rail group") is a large state-owned enterprise managed by the people's Government of Hunan Province. It is the main body of investment and financing for provincial railway construction, and the state owned assets supervision and Administration Commission of Hunan Province performs the responsibilities of investor. The predecessor of the rail group, Hunan Infrastructure Investment Group Co., Ltd., was approved by the Provincial People's Government in November 2014 and was formed by the merger of the former Hunan Railway Investment Group Co., Ltd. and the former Hunan Highway Construction Investment Co., Ltd., and changed to the current name in November 2017. Rail Group has a registered capital of 15.147 billion yuan and a main credit rating of AAA. It undertakes the functional tasks of investment in the construction of national railway trunk lines, intercity and urban rail, and takes the lead in the development of rail transit in the whole province. The main business orientation covers the investment, construction, operation, management and R & D integration and application promotion of rail transit equipment (core main business) of national railway trunk lines, railway branch lines, intercity railways, urban areas (suburbs) and scenic spots in the province; the development and operation of logistics projects such as railway passenger and freight stations and supporting resources (including sand and gravel) along the railway line; and the investment and financing business of the service itself.