The hottest traffic in Yuexiu will build the third

Yuexiu transportation plans to build the third highway this year

Guide: but what deserves the attention of enterprises are: 1. The growth rate of automobile production and sales, which has the largest weight in the total industrial volume, is picking up; 2. The cumulative order volume of key linked enterprises in the machinery industry has warmed up. The economy and automobile of Guangdong Province have grown rapidly, and the economies of the mainland and Hong Kong have become increasingly integrated. As of the end of last year, the net profit of Yuexiu transportation (1052) for the whole year was 224 million Hong Kong dollars, up 57.1%, a change from the decline of net profit of 30% in 2002. The company will invest in the construction of three highways in the short term this year and strive to seek more new projects

with the rapid economic and automobile growth in Guangdong Province and the increasing integration of the economies of the mainland and Hong Kong, Yuexiu transportation (1052) had a net profit of HK $224 million by the end of last year. The atmospheric door spring must have good fatigue resistance, with an increase of 57.1%, changing the declining state of net profit retrogressed by 30% in 2002. The company will invest in the construction of three highways in the short term this year, and strive to seek more new projects, even as far as the northeast. Yuexiu transportation has a cash flow of 300million yuan (RMB, the same below) every year. At present, the cash on hand is about 200million yuan, bank loans are 300million yuan, and the net debt ratio is only 11%. Chairman Qu bingchang pointed out, "I'm worried about how to speed up the business development of the company. Sitting on a bank deposit of 200million yuan is actually very wasteful. I'm eager to seek new investment opportunities. I'll go even as far as the northeast, but it's not easy. Most projects outside Guangdong Province are left to local people. There are few projects that can be purchased in Guangdong Province." The company's metal tensile testing machine also tests the rib quality of fasteners and the strength of fastener bolt heads. Due to excessive deformation, some projects, except the North Second Ring Road, are acquired. The return rate of the company's investment object is not less than 15%. Li Xinmin, the managing director, pointed out that the company was discussing the joint venture construction of Guangzhou North Third Ring Road with the government authorities, but now it is only at the project approval stage of the Planning Commission, and I believe there will be clear progress until next year; The three new highway projects with a total investment of 8.5 billion yuan have entered the contract research stage, including the East Second Ring Expressway (investment of 2.83 billion yuan), the West Second Ring Expressway (3.7 billion yuan) and Guangming Expressway (East Second Ring extension line) (2billion yuan). Except that the 11km Guangming expressway will be opened to traffic next year, the rest will be opened to traffic in 2007

the shareholding of each expressway of Qia construction Guangzhou North Third Ring Road is about 30%, accounting for 2.4 billion yuan, which is invested in three years. It is estimated that from 2004 to 2007, it will be 225 million yuan to 300 million yuan per year, of which 35% will come from operating cash, and the rest will be paid through bank loans. Last year, the company had a turnover of HK $405million and a profit of 20.7 cents per share. Yuexiu transportation closed at 2.375 yuan yesterday, down 3%

in the first quarter of this year, the average traffic flow of toll roads under the banner increased by 6-7% year-on-year, of which the Guangzhou Shenzhen highway increased by 2.7 times, the North Second Ring Road increased by 125%, while the Qinglian road decreased by 40%. Last year, the annual traffic volume increased by an average of 14.4%, mainly due to a strong rebound in the second half of the year