Guangdong Provincial Expressway Development Co. Ltd. (000429)

Overview

Guangdong Provincial Expressway Development Co., Ltd. specializes in the development and operation of key infrastructure projects, focusing on expressways and bridges within the People's Republic of China. The company's mission encompasses toll collection, as well as the management and maintenance of several major expressways including the Guangfo, Fokai, Jingzhu Guangzhu Section, and Guanghui Expressways. Founded in 1993 and originally known as Guangdong FuKai Expressway Co., Ltd., the company underwent a name change in June 1993 to better reflect its expanded operational focus. With its headquarters situated in Guangzhou, Guangdong Provincial Expressway Development Co., Ltd. is steadfast in its commitment to contributing to the region's economic and infrastructural growth.

Products and Services

• Expressway and Bridge Development

The core of the company's operations centers on developing and operating expressways and bridges. This includes the handling of all aspects related to these infrastructures, such as toll collection, management, and maintenance. The company focuses on several key expressways within the People's Republic of China, providing vital transportation links that facilitate economic growth and mobility.

• Toll Collection Services

Critical to maintaining and operating expressways, the company's toll collection services ensure that infrastructure costs are recuperated and funds are available for ongoing maintenance and future projects. These services are an essential component of the company's revenue stream.

• Consultation and Investment Advice Services

Expanding beyond physical infrastructure development, Guangdong Provincial Expressway Development Co., Ltd. leverages its expertise to provide consultation and investment advice. This diversification reflects the company's deep knowledge of the infrastructure sector and its commitment to fostering developments that contribute to economic advancements.

• Technological Industry Investment

In parallel to its core operations, the company ventures into investing in technological industries. This strategic move is indicative of Guangdong Provincial Expressway Development Co., Ltd.'s recognition of the importance of technology in enhancing infrastructure efficiency and creating new avenues for growth.

• Support Services

To complement its primary focus on expressways and bridges, the company offers a range of support services, including:

• Gas Station Services: Facilitating the refueling needs of vehicles, thereby ensuring smooth travel along its expressways.
• Salvation Services: Providing assistance and emergency support to ensure the safety and security of expressway users.
• Vehicle Maintenance: Offering maintenance services to vehicles, contributing to safer and more reliable expressway travel.
• Vehicle Transport Services: Enabling logistics solutions that enhance the utility of the expressway network.
• Catering Support Services: Delivering food and beverage options to travelers, enhancing the overall travel experience on the expressways.
• Warehousing Development and Investment

In addition to transportation infrastructure, the company also identifies opportunities in developing and investing in warehousing solutions. This not only supports the logistics and supply chain sectors but also complements the company's expressway operations.