Guangshen Railway (company)

Guangshen Railway
public
Traded as
Industry Railway operations
Founded 1996
Headquarters Shenzhen, China
Key people
 Wu Yong (Chairman)
Owner CR (37.12%)
Parent CR Guangzhou
Website gsrc.com
Guangshen Railway Co., Ltd.
Simplified Chinese 广深铁路股份有限公司
Traditional Chinese 廣深鐵路股份有限公司
Literal meaning Guang[zhou] Shen[zhen] Railway Joint-Stock Limited Company
Guangshen Railway
Simplified Chinese 广深铁路
Traditional Chinese 廣深鐵路

Guangshen Railway Co., Ltd. (GSRC) is the operator of Guangzhou-Shenzhen Railway (Guang-shen Railway), the 152-kilometre railway link between Guangzhou and Shenzhen in Guangdong, China. The company is engaged in railway passenger and freight transportation between Shenzhen and Pingshi and certain long-distance passenger transportation services. It also cooperates with MTR Corporation in Hong Kong in operating the Guangdong Through Train passenger service. The market capitalization of Guangshen Railway Co., Ltd. is around HK$5 billion in January 2016.

History

Guangshen Railway was the Chinese section of Kowloon–Canton Railway (Canton was the old name of Guangzhou). In 1949 the Chinese section was taken under the control of the new state. It was under the supervision of Guangzhou Railway Bureau (now Guangzhou Railway Group). The railway was later incorporated as Guangshen Railway Corp. (Chinese: 广深铁路公司) in 1984.[1]

Guangshen Railway Co., Ltd.

The company was re-incorporated in 1996 as a joint-stock company with limited liabilities. Its H shares were listed on the Hong Kong Stock Exchange in 1996; the ADR of the H shares also listed in the New York Stock Exchange in the same year. Its A shares were listed on the Shanghai Stock Exchange in 2006. It is currently the only Chinese railway enterprise with shares listed in Shanghai, Hong Kong and New York.

Operations

United Kingdom

In June 2017 in partnership with MTR Corporation, the company was shortlisted to bid for the West Coast Partnership franchise in the United Kingdom.[2][3]

References

  1. ↑ "Development and History". Guangshen Railway. Retrieved 31 October 2016.
  2. ↑ West Coast Partnership and South Eastern rail franchise bidders Department for Transport 22 June 2017
  3. ↑ Three shortlisted for West Coast Partnership franchise Railway Gazette International 22 June 2017
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