Guangdong Provincial Expressway Development Co., Ltd. (000429)

Overview

Guangdong Provincial Expressway Development Co., Ltd. is a distinguished company operating within the infrastructure sector in the People’s Republic of China. Founded in 1993 and originally known as Guangdong FuKai Expressway Co., Ltd., it underwent a name change to reflect its broader mandate in June 1993, marking the beginning of its expanded operations beyond expressways. The company's core business activities encompass the development, operation, and maintenance of a vital network of expressways and bridges, which serve as crucial transportation arteries within the region. These include notable projects like the Guangfo Expressway, the Fokai Expressway, Jingzhu Expressway Guangzhu Section, and Guanghui Expressway, linking major economic zones and facilitating efficient transport and logistics operations throughout Guangdong province and beyond.

Furthermore, Guangdong Provincial Expressway Development Co., Ltd. extends its expertise into the toll collection system, enhancing the operational efficiency and safety of road transport. Beyond its primary focus on roadway infrastructure, the company also diversifies its portfolio by investing in the technological sector, demonstrating a commitment to innovation and future-oriented growth. Its services encompass a broad range, including consultation, investment advisories, vehicle maintenance, and a series of customer-oriented offerings such as fueling, gas station operations, salvation services, vehicle transport, and catering support, catering to the needs of travelers and transport operators alike. Additionally, it has ventured into real estate, developing and investing in warehousing solutions, thereby broadening its impact on the infrastructure and logistics sectors. Headquartered in Guangzhou, it stands as a pivotal entity in China's expressway network development, embodying a blend of operational excellence and strategic diversification.

Products and Services

• Expressway and Bridge Development and Operations

  The cornerstone of Guangdong Provincial Expressway Development Co., Ltd., lies in its extensive network of expressways and bridges, including the Guangfo Expressway, Fokai Expressway, Jingzhu Expressway Guangzhu Section, and Guanghui Expressway. These are critical to supporting the region’s economic development by providing reliable, efficient transportation routes for both cargo and commuters.

• Toll Collection Services

  Utilizing advanced technology, the company offers efficient toll collection services. This system not only facilitates smoother traffic flow but also ensures the sustainability of infrastructure through the generation of essential revenue used for maintenance and future developments.

• Technological Industry Investments

  By investing in the technological industries, Guangdong Provincial Expressway Development Co., Ltd. embraces innovation to enhance its operational capabilities and explore new business avenues, ensuring its growth and competitiveness in the fast-evolving market landscape.

• Consultation and Investment Advice Services

  With its deep industry expertise, the company provides valuable consultation and investment advice, helping stakeholders to make informed decisions in the fields of infrastructure development and investment, thereby contributing to the broader economic prosperity.

• Comprehensive Vehicle Support Services

  This includes a wide range of customer-focused services such as fueling, operating gas stations, providing salvation and vehicle maintenance, vehicle transport, and catering support, offering a one-stop solution for travelers and transport-related businesses.

• Real Estate Development - Warehousing

  Expanding its portfolio into real estate, the company focuses on developing and investing in warehousing facilities. This diversification supports the logistics and storage needs of businesses, underscoring the company’s role in facilitating trade and commerce.