Relationship between Tianjin Rail Transit Group and Tianjin Rail Transit Operation Group

Subsidiary company.

According to the enterprise's inquiry, Tianjin Rail Transit Group Co., Ltd. has 8 directly-managed secondary wholly-owned subsidiaries, including Metro Group, Operation Group and Railway Investment Group, and more than 70 shareholding holding companies.

Tianjin Rail Transit Group Co., Ltd. was established in May 20 14, and is a large state-owned enterprise group approved by the municipal party committee and municipal government. The Group undertakes the investment, financing, construction, operation and management of Tianjin rail transit, and the resource development and investment, construction and operation management of local railways.