What does Liaoning transaction mean?

Liaoning Jiaotouzhi Liaoning Communications Construction Investment Group Co., Ltd.

Liaoning Communications Construction Investment Group Co., Ltd. is a large state-owned enterprise group approved by Liaoning Provincial Party Committee and provincial government. Its capital contribution comes from the assets of expressway, provincial railways and enterprises affiliated to the former Provincial Communications Department. Provincial State-owned Assets Supervision and Administration Commission (SASAC) performs the investor's duties on behalf of the provincial government, and the Provincial Communications Department performs the industry management duties.

The Group was established in 20 16 and 1 with a registered capital of 36.65 billion yuan. With assets exceeding 270 billion yuan, it is the largest state-owned enterprise in Liaoning Province. The group headquarters has 16 management departments, 4 wholly-owned holding companies at all levels, and18,000 employees.

Function:

The main function of the group is to enjoy the franchise rights of transportation infrastructure projects such as highways and railways in the province under the authorization of the provincial government; Responsible for the investment, financing, construction, operation and management of transportation infrastructure projects such as highways and railways in the province; Participate in PPP projects of transportation infrastructure such as highways and railways in the province; Through resource integration, asset reorganization and land development, we will gradually improve the scale of assets and financing capacity, and realize the preservation and appreciation of state-owned assets.