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. 
 
                         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 May 
2018. 
 
Set out below are the key financial figures of Zheshang Securities Co., Ltd. in 
May 2018. 
 
                                                             Unaudited, Rmb'000 
 
                                                                          As at 
 
                                    May 2018                       May 31, 2018 
 
                                 Income    Net Profit                 Net Asset 
 
Zheshang Securities1          205,286.3       65,060.7             11,933,584.1 
 
Zheshang AM2                   20,065.6          122.1              1,247,157.9 
 
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. 
                                                      YU Zhihong 
                                                     Chairman 
 
Hangzhou, the PRC, June 6, 2018 
 
As at the date of this announcement, the Chairman of the Company is Mr. YU 
Zhihong; the executive Directors of the Company are: Mr. CHENG Tao and Ms. LUO 
Jianhu; the other non-executive Directors of the Company are: Mr. DAI Benmeng, 
Mr. YU Qunli and Mr. YU Ji; and the independent non-executive Directors of the 
Company are: Mr. PEI Ker-Wei, Ms. LEE Wai Tsang, Rosa and Mr. CHEN Bin. 
 
 
 
END 
 

(END) Dow Jones Newswires

June 06, 2018 05:56 ET (09:56 GMT)