Guangshen Railway (company)
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| public | |
| Traded as | |
| Industry | Railway operations |
| Founded | 1996 |
| Headquarters | Shenzhen, China |
Key people | Wu Yong (Chairman) |
| Owner | Guangzhou Railway (37.12%) |
| Website | gsrc.com |
| Guangshen Railway Co., Ltd. | |||
| Simplified Chinese | 广深铁路股份有限公司 | ||
|---|---|---|---|
| Traditional Chinese | 廣深鐵路股份有限公司 | ||
| Literal meaning | Guang[zhou] Shen[zhen] Railway Joint-Stock Limited Company | ||
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| Guangshen Railway | |||
| Simplified Chinese | 广深铁路 | ||
| Traditional Chinese | 廣深鐵路 | ||
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Guangshen Railway Co., Ltd. (GSRC) is the operator of Guangzhou–Shenzhen Railway (Guang-shen Railway), the 152-kilometre railway link between Guangzhou and Shenzhen in Guangdong, China. The company is engaged in railway passenger and freight transportation businesses between Shenzhen and Pingshi and certain long-distance passenger transportation services. It also cooperates with MTR Corporation in Hong Kong in operating the Guangdong Through Train passenger service. The market capitalization of Guangshen Railway Co., Ltd. is around $5B HKD in Jan 2016.
History
Guangshen Railway was the Chinese section of Kowloon–Canton Railway (Canton was the old name of Guangzhou). After 1949 the Chinese section was nationalized. It was under the supervision of Guangzhou Railway Bureau (now Guangzhou Railway Group). The railway was later incorporated as Guangshen Railway Corp. (Chinese: 广深铁路公司) in 1984.[1]
Guangshen Railway Co., Ltd.
The company was re-incorporated in 1996 as a joint-stock company with limited liabilities. Its H shares were listed on the Hong Kong Stock Exchange in 1996; the ADR of the H shares also listed in the New York Stock Exchange in the same year. Its A shares were listed on the Shanghai Stock Exchange in 2006. It is currently the only Chinese railway enterprise with its shares listed in Shanghai, Hong Kong and New York.
References
- ↑ "Development and History". Guangshen Railway. Retrieved 31 October 2016.