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Guangshen Railway (company)

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Guangshen Railway
Company typepublic
IndustryRailway operations
Founded1996
Headquarters,
China
Key people
Wu Yong (Chairman)
OwnerGuangzhou Railway (37.12%)
Websitegsrc.com
Guangshen Railway Co., Ltd.
Simplified Chinese广深铁路股份有限公司
Traditional Chinese廣深鐵路股份有限公司
Literal meaningGuang[zhou] Shen[zhen] Railway Joint-Stock Limited Company
Transcriptions
Guangshen Railway
Simplified Chinese广深铁路
Traditional Chinese廣深鐵路
Transcriptions

Guangshen Railway Co., Ltd. (GSRC) is the operator of Guangzhou–Shenzhen Railway (Guang-shen Railway), the 152-kilometre railway link between Guangzhou and Shenzhen in Guangdong, China. The company is engaged in railway passenger and freight transportation businesses between Shenzhen and Pingshi and certain long-distance passenger transportation services. It also cooperates with MTR Corporation in Hong Kong in operating the Guangdong Through Train passenger service. The market capitalization of Guangshen Railway Co., Ltd. is around $5B HKD in Jan 2016.

History

Guangshen Railway was the Chinese section of Kowloon–Canton Railway (Canton was the old name of Guangzhou). After 1949 the Chinese section was nationalized. It was under the supervision of Guangzhou Railway Bureau (now Guangzhou Railway Group). The railway was later incorporated as Guangshen Railway Corp. (Chinese: 广深铁路公司) in 1984.[1]

Guangshen Railway Co., Ltd.

The company was re-incorporated in 1996 as a joint-stock company with limited liabilities. Its H shares were listed on the Hong Kong Stock Exchange in 1996; the ADR of the H shares also listed in the New York Stock Exchange in the same year. Its A shares were listed on the Shanghai Stock Exchange in 2006. It is currently the only Chinese railway enterprise with its shares listed in Shanghai, Hong Kong and New York.

References

  1. ^ "Development and History". Guangshen Railway. Retrieved 31 October 2016.