On April 2, 2006, KLOC-0, a symposium was held in Kunming to unveil the establishment of Yunnan Communications Development Investment Co., Ltd. (hereinafter referred to as "provincial trading company"). Wang Yunshan, Party Secretary of the Provincial Department of Transportation, awarded the license to the provincial trading company, and He Bo, Chairman of the provincial trading company, spoke at the meeting. Six provincial organs, including the Provincial Development and Reform Commission, the Provincial Department of Finance and the Provincial Department of Transportation, and 2 1 financial institutions, including Yunnan Branch of China Development Bank, attended the meeting. The business scope of the company includes preliminary work, investment, construction and management of transportation infrastructure projects.