Chengdu Expressway Co., Ltd. (hereinafter referred to as the “Company”) mainly works on investment, construction, operation and management concerning expressways. The five expressways under its current operation and investment include Chengguan Expressway, Chengwenqiong Expressway, Chengpeng Expressway, Chengdu Airport Expressway and Chengbei Exit Expressway, with a total length of 149.69 kilometers. They are all situated at some strategic locations around Chengdu and link areas with fruitful economic, cultural and tourism resources. They are indispensable parts of the expressway network surrounding Chengdu, the capital of Sichuan Province.
The Company is formerly known as Chengdu Chengguan Expressway Co., Ltd., which was founded in August 25, 1998. In 2016, Chengdu Communications Investment Group Co., Ltd. carried out the shareholding reform, integrated its four subsidiaries (Chengguan Expressway Company, Chengpeng Expressway Company, Chengwenqiong Expressway Company and Chengdu Airport Expressway Company) with Chengguan Expressway Company as the main body and changed to the new name as Chengdu Expressway Co., Ltd., with a registered capital of RMB1.2 billion. The Company owns 100%, 100%, 99.33%, 55% and 40% of shares of Chengguan Expressway Company, Chengwenqiong Expressway Company, Chengpeng Expressway Company, Chengdu Airport Expressway Company and Chengbei Exit Expressway Company, respectively.
The Company set up the Board of Directors, Board of Supervisors and management team according to the modern enterprise system requirement. Moreover, the Company also established ten business units, including Office of the Board, General Office, Human Resources Department, Investment & Development Department, Financial Management Department, Audit Department, Contract Department, Operational Management Department, Construction & Technology Department and Safety Control Department.
Since its establishment, the Company has won remarkable achievements in maintenance, safety and premium services of expressways under its operation and management and has been awarded the titles of “ ‘Twelfth Five-Year’ Excellent Highway Maintenance and Management Enterprise of Sichuan Province”, “Model Enterprise for Safe Construction” , “ ‘Five Star’ Expressway of Sichuan Province” and “The Most Scenic Expressway in China of 2017”.