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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 January
2018.
Set out below are the key financial figures of Zheshang
Securities Co., Ltd. in January
2018.
| Unaudited,
Rmb'000 |
| As at |
|
January 2018 |
January 31, 2018 |
|
Income |
Net Profit |
Net Asset |
| Zheshang Securities1 |
174,403.0 |
53,542.3 |
11,735,758.3 |
| Zheshang AM2 |
24,016.6 |
1,087.0 |
1,151,800.0 |
| 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, February 6, 2018
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 and Mr. DAI Benmeng; and the independent non-executive
directors of the Company are: Mr. ZHOU Jun, Mr. PEI Ker-Wei and Ms.
LEE Wai Tsang, Rosa.