China Resources and Transportation Group Co., Ltd. is listed on the main board of the Hong Kong Stock Exchange (stock code: 00269). Its main business is to operate toll highways in Inner Mongolia by investing in Inner Mongolia Zhunxing Heavy Duty Expressway Co., Ltd. (“Zhunxing”). Zhunxing has the exclusive right to operate the Inner Mongolia Zhunxing Expressway for 30 years (not including the construction period). The Zhunxing Expressway is the first heavy-duty toll highway built specifically for coal transportation in the People's Republic of China (“China”). It runs 265 kilometers from the west to Zhungeerqi in Ordos, a major coal-producing area, and extends 265 kilometers to the northeast to Xinghe County, an important logistics junction for coal distribution in North China, connecting major coal supply and distribution areas in the region in the shortest, most convenient and economical way, and is of great strategic importance to energy logistics in North China. The highway was opened to traffic on November 21, 2013, and can carry 100 tons of heavy-duty trucks. Currently, most other highways in China can only carry 55 tons of trucks. The Group currently holds 86.87% of Zhunxing's shares. Furthermore, the Group is also engaged in forest management and property development business. In terms of forest management, the Group has nearly 283,000 hectares of forest resources in Guyana in South America and Guangdong Province in China, and carries out activities such as harvesting and replanting in these regions. In terms of property development, the Group developed a project in Yiling District, Yichang City, Hubei Province, China, covering a total area of 1,082 acres with a construction area of about 800,000 square meters. The project progressed steadily, and pre-sale of residential properties began in mid-June 2011. The Group currently holds 45% of the shares in Yichang Xinshougang Real Estate Development Co., Ltd., the property development branch of the project. The Group continues to seek investment opportunities to enable the Group to operate more broadly and deeply, and anticipates that new investments will bring excellent results in the near future. The company will take the lead in resource transportation to ensure the highest return for shareholders.
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