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What unit is Sichuan Jiaotou Group?
Jiaotou Group is a public institution, and the provincial government allocates a large sum of money to the bus company every year. However, its employees are still formed by enterprises, and are generally mainly responsible for the project construction, operation management and development of highway-related industries in expressway and non-closed toll roads. They can do things that the government can't do, such as lending and repaying loans. Each province's funds are accounted for independently, so each province will have a trading group.
The main function of Jiaotou Group is to guide all kinds of social funds to invest in the construction of major transportation infrastructure, and to invest in the construction and management of major transportation infrastructure such as navigation and power hubs, passenger and freight stations, mainly focusing on highways, ports, waterways and waterway channelization. The composition source is: all the net assets or equity of Gao Chuan Company and Hong Kong Airlines Company held by Sichuan Development. In addition, all the state-owned shares of Chengdu-Chongqing Company held by Gao Chuan Company were transferred to the trading group.
Introduction of Sichuan Jiaotou Group:
Sichuan Jiaotou Group is a super-large state-owned enterprise decided by the Sichuan Provincial Party Committee and the provincial government. The investor is Sichuan Development (Holdings) Co., Ltd. Sichuan Jiaotou Group is composed of the group headquarters and three core subsidiaries, namely Sichuan expressway Construction and Development Corporation, Sichuan Chengyu expressway Co., Ltd. and Sichuan Port and Shipping Development Co., Ltd., and has the only listed company in western China.
At present, the total mileage of expressway built and under construction by Sichuan Jiaotou Group has reached 3,886 kilometers, accounting for 93% of expressway built and opened to traffic in Sichuan, and the projects under construction account for 60% of Sichuan province. Sichuan Jiaotou Group is the only state-owned enterprise with large provincial assets in Sichuan at present.
The above contents refer to Baidu Encyclopedia-Sichuan Jiaotou Group.
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