Mission Statement, Vision, & Core Values (2024) of Jiangxi Ganyue Expressway CO.,LTD.

A Brief History of Jiangxi Ganyue Expressway CO.,LTD.

Jiangxi Ganyue Expressway Co., Ltd. was established on July 8, 1997, and is mainly engaged in the construction and operation of expressways in Jiangxi Province, China. The company operates a significant stretch of expressway known as the Ganyue Expressway, which is pivotal in connecting major cities in the region.

The company was incorporated with a registered capital of ¥1.1 billion. It is a wholly-owned subsidiary of Jiangxi Provincial Communications Group, which significantly influences its operational framework. The expressway opened to traffic in December 1999, enhancing transportation and economic development in Jiangxi Province.

By 2022, the Ganyue Expressway had reached a total length of approximately 174 kilometers, with the main line facilitating efficient travel between Nanchang and various cities in the province, including Jiujiang and Yichun.

In 2021, Jiangxi Ganyue Expressway reported a revenue of ¥1.126 billion, a substantial increase from ¥1.03 billion in 2020, reflecting a recovery in traffic volume post-pandemic. The net profit attributable to shareholders in 2021 was ¥181 million, compared to ¥164 million in 2020.

Jiangxi Ganyue Expressway has invested significantly in infrastructure enhancements to improve road safety and the driving experience. In 2021 alone, the company allocated approximately ¥150 million for maintenance and upgrades.

Furthermore, as part of an initiative to optimize toll collection, the company implemented an electronic tolling system in early 2021, which resulted in a 30% reduction in vehicle wait times at toll booths.

In terms of corporate governance, Jiangxi Ganyue Expressway is committed to sustainability and has begun integrating green technologies into its operations. The company has plans to reduce its carbon footprint by 15% by 2025 through various measures, including the use of energy-efficient lighting and solar panels at service areas along the expressway.

The company’s strategic focus on digital transformation includes developing a mobile application to enhance user experience, which is expected to launch in late 2023. This app will provide real-time traffic updates, toll prices, and route planning, aiming to increase customer satisfaction and retention.

As Jiangxi Ganyue Expressway continues to expand its services and improve operational efficiency, it remains a critical player in advancing the transportation network in Jiangxi Province.

A Who Owns Jiangxi Ganyue Expressway CO.,LTD.

Jiangxi Ganyue Expressway Co., Ltd. is a major player in China’s expressway management and operation sector. As of the latest available data, the ownership structure of Jiangxi Ganyue Expressway is diversified, with significant stakes held by various entities.

Jiangxi Provincial Communications Group Co., Ltd. serves as the primary state-owned stakeholder, reflecting the Chinese government’s influence in transport infrastructure. The company has consistently reported a steady growth in revenue, with a revenue of approximately ¥1.39 billion in the most recent fiscal year.

Moreover, Jiangxi Ganyue Expressway’s operational focus is evident in its toll collection efficiency, boasting an average daily toll revenue that exceeds ¥3 million. The expressway spans approximately 156 kilometers and experiences high traffic volumes, accounting for over 20 million vehicles a year.

Financial performance metrics indicate a strong profit margin, with an EBITDA of approximately ¥800 million and a net profit margin hovering around 12% as of the last reporting period.

The expressway's strategic ownership and robust financial performance emphasize its importance in the regional transportation network of Jiangxi province, contributing significantly to local economic development. Furthermore, ongoing investments in infrastructure enhancements signal a commitment to maintaining operational excellence and improving service quality.

Jiangxi Ganyue Expressway CO.,LTD. Mission Statement

Jiangxi Ganyue Expressway Co., Ltd. is dedicated to providing a safe, efficient, and high-quality transportation infrastructure that supports economic development and enhances the quality of life for its users. The company operates with a strong focus on investment in expressway construction, maintenance, and management, emphasizing sustainability and innovation.

As of 2023, Jiangxi Ganyue Expressway Co., Ltd. reported revenue of approximately RMB 2.43 billion, a significant increase from RMB 2.28 billion in the previous year. The growth rate of approximately 6.58% reflects the company's commitment to improving its service offerings and optimizing operations.

The company’s mission is characterized by the following core components:

• Safety: Ensuring the highest safety standards on all expressways, with a reported reduction in traffic accidents by 15% in the past year.
• Efficiency: Enhancing traffic flow and reducing congestion, achieving an average travel time reduction of 10% on key routes.
• Quality: Providing and maintaining high-quality road infrastructure, with a satisfaction rate of 92% among users based on recent surveys.
• Sustainability: Implementing eco-friendly practices in construction and operation, aiming for a 20% reduction in carbon emissions by 2025.
• Innovation: Leveraging technology to improve user experience and operational efficiency, including the introduction of intelligent transportation systems.

In 2023, the company undertook several significant projects aimed at expanding its expressway network, contributing to regional connectivity and economic growth. The total capital expenditure for these projects was approximately RMB 1.1 billion.

This commitment to its mission is not only reflected in financial growth but also in the positive impact on the community and the environment. Jiangxi Ganyue Expressway Co., Ltd. continues to strive toward becoming a benchmark in the transportation sector in China.

How Jiangxi Ganyue Expressway CO.,LTD. Works

Jiangxi Ganyue Expressway Co., Ltd. operates as a toll road company primarily responsible for the construction, operation, and maintenance of expressways in Jiangxi Province, China. The company manages expressways that are crucial for regional connectivity and economic development.

The primary revenue for Jiangxi Ganyue comes from toll collection on its expressway network. As of the latest reports, the company manages approximately **370 kilometers** of expressway, which plays a vital role in facilitating the transportation of goods and passengers across Jiangxi and beyond.

In 2022, Jiangxi Ganyue Expressway reported a toll revenue of **RMB 1,220.4 million**, marking an increase from **RMB 1,156.8 million** in 2021. This growth can be attributed to increased traffic volume and effective toll management strategies.

The company's net profit growth has also been notable, with a reported **RMB 290.6 million** in 2022 compared to **RMB 270.9 million** in 2021. This reflects a focused approach on optimizing operational efficiency and managing expenses.

Jiangxi Ganyue has undertaken several capital expenditure projects to enhance its infrastructure. The company allocated around **RMB 500 million** for maintenance and upgrades in 2022, ensuring road safety and longevity.

Traffic statistics reveal that daily average vehicle flow has seen significant numbers, with a peak traffic count reaching approximately **70,000 vehicles per day** in certain sections. The expressway network is vital for both regional and long-distance transport, linking major cities and facilitating tourism.

Additionally, Jiangxi Ganyue explores opportunities for expansion and the introduction of new technologies, such as electronic toll collection systems. These initiatives aim to streamline operations and improve the user experience for drivers.

As of the end of 2022, Jiangxi Ganyue's total assets stood at **RMB 9,401.2 million**, reflecting a solid position for future growth and investments. The company continues to adapt to changing market conditions and focuses on maintaining its competitive edge in the highway transportation sector.

How Jiangxi Ganyue Expressway CO.,LTD. Makes Money

Jiangxi Ganyue Expressway Co., Ltd. operates primarily in the toll road industry in China. Their revenue model is largely based on toll collection, which is influenced by traffic volume, toll rates, and road usage efficiency.

As of the first half of 2023, Jiangxi Ganyue Expressway reported a revenue of approximately ¥1.85 billion, showing an increase of 12% compared to the same period in the previous year. The increase in revenue is attributed to a rise in traffic flow, reaching an average daily vehicle count of around 50,000, which has significantly boosted toll income.

The company operates more than 500 kilometers of toll roads, primarily connecting major cities in Jiangxi Province. The expressway network facilitates both passenger and freight transport, aligning with China's broader economic activities.

Toll rates vary based on vehicle type and road segment. For instance, the standard toll rate for passenger cars is approximately ¥0.5 per kilometer, while heavy trucks may be charged ¥0.8 per kilometer. This tiered toll system helps maximize revenue from different vehicle classes.

In addition to toll income, Jiangxi Ganyue also engages in ancillary services such as fuel stations, maintenance services, and roadside amenities. Revenue from these services added an approximate ¥200 million to their financials in 2022.

Operational efficiency remains crucial for Jiangxi Ganyue's profitability. In 2023, the company reported an operating margin of 35%, reflecting effective cost management and streamlined operations. Their cost of goods sold (COGS) was approximately ¥1.2 billion, resulting in a gross profit of about ¥650 million.

The company is also exploring digital payment systems to enhance user experience and increase toll collection efficiency. The implementation of an electronic toll collection (ETC) system has led to a reduction in manual toll collection costs by approximately 15% annually.

Market conditions also impact Jiangxi Ganyue's financial performance. The ongoing investment in infrastructure projects across China, especially in Jiangxi Province, has increased demand for toll road usage. The national government's focus on economic recovery post-COVID-19 has further contributed to the uptick in traffic volumes.

In conclusion, Jiangxi Ganyue Expressway Co., Ltd. leverages a robust toll collection model, complemented by ancillary services and operational efficiencies, to generate substantial revenue in the competitive toll road industry. Their financial performance continues to reflect positive growth trends driven by increased traffic and strategic cost management.