Comprehensive strength of Shenzhen Metro Co., Ltd.

Shenzhen Metro Co., Ltd. undertakes the construction, operation, resources and property development of the first phase project of Shenzhen Metro and the extension projects of Line 1, Line 2 and Line 5. The company was established in July, 1998 with a registered capital of 1 100 million yuan. The headquarters of the company is responsible for the management and subway construction of the whole company, and its subordinates are 1 Line Construction Branch, Line 2 Construction Branch, Line 5 Construction Branch, Operation Branch, Resource Development Branch and Property Management Company. The company also has two joint-stock enterprises, shenzhen tong Company and Metro Company, both of which are real estate companies. Among them, shenzhen tong Company operates the shenzhen tong card business, and the subway is far from being a real estate company responsible for the construction and operation of the subway old street station.

The first phase of Shenzhen Metro was approved by the State Council in May 1998, and the preliminary design of the project passed the examination in October 1999. In April, 2002, the first phase expansion project of the subway passed the preliminary design review. The first phase project of Shenzhen Metro is the first national key project in Shenzhen, and it is also the most important municipal project with the largest investment since the establishment of Shenzhen.