Zhejiang Expressway Voluntary Announcement on Business Update
16 October 2017 - 9:10PM
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
September 2017.
Set out below are the key financial figures of Zheshang Securities Co., Ltd. in
September 2017.
Unaudited, Rmb'000
As at
September 2017 September 30, 2017
Income Net Profit Net Asset
Zheshang Securities1 281,356.2 100,982.9 11,524,338.1
Zheshang AM2 16,767.9 1,640.2 1,134,873.3
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.
ZHAN Xiaozhang
Chairman
Hangzhou, the PRC, October 16, 2017
As at the date of this announcement, the executive directors of the Company
are: Mr. ZHAN Xiaozhang, Mr. CHENG Tao and Ms. LUO Jianhu; the non-executive
directors of the Company are: Mr. WANG Dongjie, Mr. DAI Benmeng, and Mr. ZHOU
Jianping; and the independent non-executive directors of the Company are: Mr.
ZHOU Jun, Mr. PEI Ker-Wei and Ms. LEE Wai Tsang, Rosa.
END
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October 16, 2017 06:10 ET (10:10 GMT)
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