Zhejiang Expressway Co., Ltd. (0576.HK)

5.220 +0.060 (+1.16%) As of 10:25AM HKT. Market open.

Zhejiang Expressway Co., Ltd.

No. 2, Mingzhu International Business Center
Building 2, Room 501, 5th Floor 199 Wuxing Road Shangcheng District
Hangzhou 310020
China
86 571 8798 5588
https://www.zjec.com.cn

Sector(s): Industrials
Industry: Infrastructure Operations
Full-time employees: 10,653

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Wei Wu	GM & Executive Director	219.74k	N/A	1969
Ms. Liya Ruan	Chief Financial Officer	1.17M	N/A	1983
Mr. Wei Li	Deputy GM & Executive Director	950.38k	N/A	1969
Mr. Hui Zheng	Deputy GM & Company Secretary	1.04M	N/A	1969
Mr. Jinghua Han	Senior Management Member	184.58k	N/A	1979
Mr. Yubing Wang	Employee Representative Supervisor and Deputy GM of the Legal Affairs & Audit Department	N/A	N/A	1969

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

Zhejiang Expressway Co., Ltd., an investment holding company, constructs, operates, maintains, and manages roads in the People's Republic of China. It operates through Toll Operation, Securities Operation, and Others segments. The Toll Operation segment operates and manages high grade roads; and collects expressway tolls. The Securities Operation segment offers securities and future broking, margin financing and securities lending, securities underwriting and sponsorship, asset management, advisory, and proprietary trading services. The Others segment engages in hotel operation, high grade road construction, investment in other financial institutions, and other ancillary activities. It provides vehicle towing, repair and emergency, and rescue services, as well as investment management and advisory services; and technology services. The company was incorporated in 1997 and is headquartered in Hangzhou, the People's Republic of China. Zhejiang Expressway Co., Ltd. operates as a subsidiary of Zhejiang Communications Investment Group Co., Ltd.

Corporate governance

Zhejiang Expressway Co., Ltd.’s ISS governance QualityScore as of 1 June 2024 is 9. The pillar scores are Audit: 5; Board: 10; Shareholder rights: 9; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.