Brief introduction of Shandong Expressway Group Co., Ltd.

Shandong Expressway Group was established with the approval of Shandong Provincial People's Government, and the leading group managed by the provincial party committee and the provincial SASAC performed the responsibilities of investors. It is a modern, international, efficient and comprehensive state-owned super-large enterprise group, which focuses on the investment, construction and management of roads, highways, bridges, railways, rail transit, ports and shipping, logistics, etc., and takes construction, building materials, information, finance and real estate as the main industrial chains.

Up to now, the Group has registered capital of 20 billion yuan, operating income of 50 billion yuan, profits and taxes of 5 billion yuan, total assets of 350 billion yuan (including market value), asset-liability ratio of 62% and more than 70,000 employees. The total assets rank first among enterprises in the same industry in the whole province and the whole country, and it has continuously completed the provincial SASAC A-level business performance assessment index, and has been selected as one of the "Top 500 Chinese Enterprises" for eight consecutive years.

The group has the largest blue chip of road and bridge assets in China, representing the listed company Shandong Expressway Co., Ltd.; Shandong Expressway Road and Bridge Group Co., Ltd., a listed company with national provincial high-quality road and bridge construction enterprises and special construction qualifications; Shandong Railway Construction Investment Company, on behalf of the provincial government, performs the responsibilities of the provincial railway construction investor; Shandong Provincial Local Railway Bureau (Shandong High Speed Rail Transit Group) is responsible for the planning, construction and transportation management of local railways, intercity railways and rail transit in the province; Owns China Shandong International Economic and Technical Cooperation Company, undertakes foreign economic assistance projects of China government, and implements foreign investment on behalf of Shandong Province; Weihai City Commercial Bank, the first regional city commercial bank in the province; Shandong Ocean Investment Co., Ltd. is a strategic investment and financing platform for implementing the blue economic zone in our province; Taishan Property Insurance Co., Ltd., the first national property insurance legal person organization controlled by the group and registered in Shandong; Qingdao Development Co., Ltd. has built the longest sea-crossing bridge in the world-Shandong Expressway Jiaozhou Bay Bridge. Ownership unit ***30.

The business field of the Group is "based in Shandong, facing the outside of the province and going global", involving 22 domestic provinces and 106 overseas countries and regions, with a total investment of 70 billion yuan. It operates and manages 2,800 kilometers of expressways, with 1089 kilometers under construction, 586 kilometers of local railways and 743 kilometers under construction. On behalf of the provincial government, it invested in the construction of the Shandong section of the Beijing-Shanghai high-speed railway, holding the Qing Ji high-speed railway with a total length of 308 kilometers and a total investment of 60 billion yuan, holding the Delongyan Railway with a total investment of 588 kilometers, and undertaking the task of building and rebuilding the 3,800-kilometer trunk railway. JIAOZHOU Bay Bridge of Shandong Expressway, which won the first place in the national trunk highway maintenance management inspection, is the longest sea-crossing bridge in the world, becoming the only "World's Best Bridge" selected by Forbes in China, and winning the George Richardson Award, the highest prize for bridges in the world. Based on the brand of "Shandong Road", it has built a famous brand of "Shandong Bridge".