Main functions of Jiaxing Communications Investment Group Co., Ltd.

(a) to undertake the investment, construction and operation management tasks of various transportation infrastructure assigned by the municipal party committee and the municipal government;

(two) to undertake the task of state-owned assets management within the scope of authorization, and ensure the safe operation and preservation and appreciation of state-owned assets;

(three) to undertake urban public transport, long-distance passenger transport, station construction management and other social welfare undertakings;

(four) actively explore new ways and means of diversified financing, and strive to raise funds for transportation infrastructure construction and urban public welfare investment;

(5) Focus on the infrastructure field with expressway as the core, actively expand the expressway-related industrial belt economy such as derivative industries, and form a diversified business pattern;

(6) Deepening the reform of state-owned enterprises, transforming their operating mechanisms and enhancing their core competitiveness;

(seven) to undertake other tasks assigned by the municipal party committee, municipal government and SASAC.