coded 601816 : Beijing-Shanghai high-speed rail listed on china’ A shares market

Beijing-Shanghai high-speed rail listed on china’ A-share market, the number of new shares the company intends to publicly issue no more than 6.286 billion shares, the opening price of 5.86 yuan / share, after the opening quickly pulled up to the top of the first day of gains, up 43.24%. On January 16, the Beijing-Shanghai high-speed rail listing ceremony was held on the Shanghai Stock Exchange. Shanghai Deputy Party Secretary, Mayor Yingyong, Chairman of the National Railway Group Lu Dongfu for the Beijing-Shanghai high-speed railway sounded the opening gong. Liu Hongrun, chairman of the Beijing-Shanghai high-speed railway, Wang Changqing, chairman of CITIC Construction Investment, and Huang Guizhang, chairman of China Railway Investment, delivered speeches.

601816 - Beijing-Shanghai high-speed rail on A shares

Liu Hongrun, chairman of the Beijing-Shanghai high-speed railway, said that the successful landing of the Beijing-Shanghai high-speed railway in the A-share capital market, wrote a new chapter of the country’s high-speed train, not only foreshadowed the Beijing-Shanghai high-speed railway to a new high point of development, but also marked China’s railway assets capitalization securitization equity achieved an important breakthrough, the state railway enterprises direct financing took an important step. There is a long way to go and a long way to go. The Beijing-Shanghai high-speed railway will focus on the basic positioning of “asset management, capital operation, supervision, brand shaping and governance according to law”, actively promote the construction of the Beijing-Shanghai high-speed railway standard demonstration line, and continue to build world-class level in terms of safety management, equipment quality, service level, transportation efficiency, comprehensive benefits, brand image, etc., with good industry demonstration effect, Help to boost the securitization of railway assets to the next level.

Beijing-Shanghai high-speed railway is the main body of investment, construction and operation of the Beijing-Shanghai high-speed railway and stations along the route, through the entrusted transport management mode, entrusted the Beijing Bureau Group along the Beijing-Shanghai high-speed railway, Jinan Bureau Group and Shanghai Bureau Group to carry out its transport management, and the traction power supply and power facilities operation and maintenance commissioned by the China Railway Electrification Bureau Group to manage. High-speed rail passenger transport for the company’s main business.

Beijing-Shanghai high-speed railway on April 18, 2008 officially started construction, June 30, 2011 completed the completion of the opening line, the length of 1318 kilometers, is the world’s longest built mileage, the highest technical standards of high-speed railway, is China’s high-speed rail technology innovation achievements, all technical indicators have reached the international first-class standards.

601816 - Beijing-Shanghai high-speed rail on A shares

Beijing-Shanghai high-speed railway is China’s high-speed railway shiny “business card”, with a strong brand influence, the Beijing-Shanghai high-speed railway as the representative of China’s high-speed rail has successfully to the world, for Indonesia, Laos and other countries to provide “Chinese standards” and “China scheme” for railway construction, become the world’s leading high-speed rail development trend of the main force.

Since its opening, the Beijing-Shanghai high-speed railway has provided all-weather, high-security and high-speed bus services for passengers, and the full running time from Beijing to Shanghai has been reduced to less than 4.5 hours. As of September 30, 2019, the Beijing-Shanghai high-speed railway line (including this line and cross-line) has a total of 991,900 trains, a total of 1,085 million passengers, and achieved good social and economic benefits.

The Beijing-Shanghai high-speed rail has run out of a new speed of The A-share IPO. The initial application for the Beijing-Shanghai high-speed railway was approved by the Commission’s meeting on November 14, 2019. The Company submitted its IPO application on October 22, 2019, and will take only 23 days to complete the meeting on November 14, 2019, and 86 days to date.