Brief introduction of Foshan Hengtong Passenger Transport Co., Ltd.

Since its establishment two years ago, the company has always adhered to the business philosophy of "permanent company, extending in all directions", dared to innovate and practice, integrated rich experience and advanced concepts in operating urban public transport into enterprise management, vigorously developed diversified businesses, expanded and strengthened urban public transport and highway passenger transport business, gradually developed related businesses such as station operation, automobile maintenance, car rental, property management and logistics services, and gradually built itself into a group enterprise with standardized operation and leading service.

In June 2005, the company won the bid for the bus project in the east section of Nanhai District, Foshan City. In September of the same year, Foshan Hengtong Company was established, and the first batch of nearly 100 Hengtong cars were put into operation, which made people shine, opened a new chapter in the development of Nanhai public transport, and also opened the prelude for the company to formally enter the Nanhai passenger transport market.

In June 2006, Hengtong Company successfully won the bid for Foshan da li Bus Terminal Project. The following month, Foshan Hengrui Transportation Development Co., Ltd. was established to be responsible for the investment, construction and operation of Foshan da li Bus Terminal Project. Foshan da li Bus Terminal is located in Li Xi Road, dali town, Chantan Road, Foshan City, close to the Songgang exit of Guangsan Expressway, where National Roads 32 1, 324 and 325 meet, with excellent road network conditions. It is the only place for major cities in the Pearl River Delta to reach Guangxi, Hunan, Yunnan, Guizhou, Sichuan, Chongqing and other provinces and cities. The total land area of da li Passenger Station is about 50,000 square meters. According to the national first-class A passenger station standard, it has 22 departure parking spaces, 100 waiting parking spaces, 18 ticket sales windows and 8 ticket gates, with a daily throughput of 50,000 passengers. The completed da li Passenger Station is one of the five major highway hub stations in Foshan and the only major highway hub station in Nanhai District.

Da li has convenient transportation and developed economy, which not only makes it a passenger distribution center, but also becomes a business logistics center due to leading industries such as nonferrous metal processing, motorcycle manufacturing and underwear manufacturing. In March, 2007, Foshan Hengrui Transportation Development Co., Ltd. invested and established Foshan Henghui Logistics Center Co., Ltd., and planned to build an information-based and networked modern logistics park with an area of10.5 million square meters, high-quality and efficient management team, first-class office environment and large parking lot, integrating freight, stowage, warehousing, finance, catering and commerce.

Looking back on the past, Hengtong people took the first step of diversified development and described the grand blueprint for the sustained, stable and harmonious development of enterprises; Looking to the future, we have a long way to go, and we need them to be full of lofty sentiments, sincere unity, reform and innovation, and create the future.