Chongqing Expressway Group Co., Ltd.
Main business direction:Financing, construction, and operation management of the city's expressways and port and shipping infrastructure
Booth location:N2005
Company Profile:Chongqing Expressway Group Co., Ltd. is a key investment and financing enterprise in the public welfare sector under municipal ownership, primarily responsible for fund raising, construction, and operation management of the city’s expressways and port and shipping infrastructure. With a registered capital of 10 billion yuan and total assets amounting to 215.4 billion yuan, the group houses an impressive portfolio that comprises 30 subsidiaries, both wholly-owned and controlling entities included, as well as 17 major equity-participation companies and 7 additional industrial and financial participation companies. Holding an esteemed credit rating of AAA, it employs a workforce exceeding 12,000 individuals.
In terms of expressways, as of now, the total length of operational expressways in the city has surpassed 4,000 kilometers, with a road network density of 4.85 kilometers per hundred square kilometers. There are 27 inter-provincial exit channels. The Group has independently or through majority ownership completed 2,393 kilometers of expressways, which accounts for 60% of the total length of the city's expressway network. Regarding ports and shipping, the group actively participates in the construction of water transportation infrastructure based on the “one trunk, two branches, six lines” channel and the “three hubs, five key points, eight support points” port framework. Currently, they have dredged and improved 603 kilometers of inland river channels and established ports with an annual cargo handling capacity of nearly 15 million tons.
The group is deeply committed to comprehending and implementing Xi Jinping’s socialist ideology with Chinese characteristics for the new era and the spirit of the 20th National Congress of the Communist Party of China. It actively contributes to the construction of the Chengdu-Chongqing dual-city economic circle, the development of a robust transportation system, and the implementation of the “one district and two groups” development strategy throughout the city. The group strives to enhance the density of the high-speed network, improve the quality of road network services, promote intelligent operation and management, elevate the city’s reputation and create “one trunk, two branches, six lines” channel. Its objective is to become a highly influential general contracting enterprise for construction, municipal services, mining, highways, and electromechanical engineering. Additionally, it seeks to establish itself as a city-level petroleum product guarantee enterprise.