Zhejiang Expressway Co., Ltd.

Zhejiang Expressway Co., Ltd. functions as an investment holding firm with its core business centered on the financing, development, operation, upkeep, and overall management of road infrastructure throughout the People's Republic of China. The company's operations are structured across three primary divisions: Toll Operation, Securities Operation, and "Others." The Toll Operation segment is dedicated to overseeing and managing premium road networks, alongside the collection of expressway tolls. The Securities Operation division offers a comprehensive suite of financial services, including brokerage for securities and futures, margin financing, securities lending, underwriting, sponsorship, asset management, financial advisory, and proprietary trading. The "Others" segment encompasses diverse activities such as hotel management, the construction of advanced road infrastructure, strategic investments in other financial entities, and various supporting business initiatives. Furthermore, Zhejiang Expressway Co., Ltd. provides essential services like vehicle towing, emergency repairs, and rescue operations. Established in 1997, the company maintains its headquarters in Hangzhou, within the People's Republic of China, and operates as a subsidiary of Zhejiang Communications Investment Group Co., Ltd.