Zhejiang Expressway Voluntary Announcement on Business Update

 
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. 
 
(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 October 
2017. 
 
Set out below are the key financial figures of Zheshang Securities Co., Ltd. in 
October 2017. 
 
                                                             Unaudited, Rmb'000 
 
                                                                          As at 
 
                                              October2017       October31, 2017 
 
                                   Income      Net Profit             Net Asset 
 
Zheshang Securities1            184,452.7        58,393.5          11,596,548.4 
 
Zheshang AM2                     28,046.1         1,842.6           1,139,306.6 
 
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, November 6, 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 
 

(END) Dow Jones Newswires

November 06, 2017 08:19 ET (13:19 GMT)