Zhejiang Expressway Voluntary Announcement on Business Update
April 10 2018 - 11:23AM
UK Regulatory
TIDMZHEH
Hong Kong Stock Exchanges and Clearing Limited and The Stock Exchange of Hong
Kong Limited take no responsibility for the contents of this announcement, make
no representation as to its accuracy or completeness and expressly disclaim any
liability whatsoever for any loss howsoever arising from or in reliance upon
the whole or any part of the contents of this announcement.
ZHEJIANG EXPRESSWAY CO., LTD.
(A joint stock limited company incorporated in the People's Republic of China with limited liability)
(Stock code: 0576)
VOLUNTARY ANNOUNCEMENT ON BUSINESS UPDATE
This is a voluntary announcement made by Zhejiang Expressway Co., Ltd. (the
"Company" and together with its subsidiaries, the "Group") to inform its
shareholders of the latest business development of the Group.
The directors (the "Directors") of the Company are pleased to announce the key
financial figures of our subsidiary, Zheshang Securities Co., Ltd., in March
2018.
Set out below are the key financial figures of Zheshang Securities Co., Ltd. in
March 2018.
Unaudited, Rmb'000
As at
March 2018 March 31, 2018
Income Net Profit Net Asset
Zheshang Securities1 206,267.3 85,828.9 11,835,854.9
Zheshang AM2 17,046.3 95.8 1,159,266.1
1. Zheshang Securities Co., Ltd., a 63.74% owned subsidiary of Zhejiang
Shangsan Expressway Co., Ltd., who in turn is a 73.625% owned subsidiary of
Zhejiang Expressway Co., Ltd.
2. Zhejiang Zheshang Securities Asset Management Co., Ltd., a 100% owned
subsidiary of Zheshang Securities Co., Ltd.
On behalf of the Board
Zhejiang Expressway Co., Ltd.
YU Zhihong
Chairman
Hangzhou, the PRC, April 10, 2018
As at the date of this announcement, the Chairman of the Company is Mr. YU
Zhihong; the executive Directors of the Company are: Mr. CHENG Tao and Ms. LUO
Jianhu; the other non-executive Directors of the Company are: Mr. DAI Benmeng,
Mr. YU Qunli and Mr. YU Ji; and the independent non-executive Directors of the
Company are: Mr. PEI Ker-Wei, Ms. LEE Wai Tsang, Rosa and Mr. CHEN Bin.
END
(END) Dow Jones Newswires
April 10, 2018 11:23 ET (15:23 GMT)
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