Guangshen Railway (company)
   HOME

TheInfoList



OR:

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 Guangdong (, ), alternatively romanized as Canton or Kwangtung, is a coastal province in South China on the north shore of the South China Sea. The capital of the province is Guangzhou. With a population of 126.01 million (as of 2020) ...
, China. The company is engaged in railway
passenger A passenger (also abbreviated as pax) is a person who travels in a vehicle, but does not bear any responsibility for the tasks required for that vehicle to arrive at its destination or otherwise operate the vehicle, and is not a steward. The ...
and freight
transportation Transport (in British English), or transportation (in American English), is the intentional movement of humans, animals, and goods from one location to another. Modes of transport include air, land (rail and road), water, cable, pipeline, ...
between Shenzhen and Pingshi and certain long-distance passenger transportation services. It also cooperates with MTR Corporation in
Hong Kong Hong Kong ( (US) or (UK); , ), officially the Hong Kong Special Administrative Region of the People's Republic of China ( abbr. Hong Kong SAR or HKSAR), is a city and special administrative region of China on the eastern Pearl River Delt ...
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 China Railway Guangzhou Group, officially abbreviated as CR Guangzhou or CR-Guangzhou, formerly, Guangzhou Railway (Group) Corporation from 1993 to 2017 and Guangzhou Railway Administration from 1953 to 1993, is a subsidiaries company under the ju ...
). The railway was later incorporated as Guangshen Railway Corp. () in 1984.


Guangshen Railway Co., Ltd.

The company was re- incorporated in 1996 as a joint-stock company with limited liabilities. Its
H shares H shares () refer to the shares of companies incorporated in mainland China that are traded on the Hong Kong Stock Exchange. Many companies float their shares simultaneously on the Hong Kong market and one of the two mainland Chinese stock exc ...
were listed on the
Hong Kong Stock Exchange The Stock Exchange of Hong Kong (SEHK, also known as Hong Kong Stock Exchange) is a stock exchange based in Hong Kong. As of the end of 2020, it has 2,538 listed companies with a combined market capitalization of HK$47 trillion. It is repor ...
in 1996; the ADR of the H shares also listed in the
New York Stock Exchange The New York Stock Exchange (NYSE, nicknamed "The Big Board") is an American stock exchange in the Financial District of Lower Manhattan in New York City. It is by far the world's largest stock exchange by market capitalization of its listed c ...
in the same year. Its A shares were listed on the
Shanghai Stock Exchange The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China. It is one of the three stock exchanges operating independently in mainland China, the others being the Beijing Stock Exchange and the Shenzhen Stock Exc ...
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 The West Coast Partnership (WCP) is a railway franchise in the United Kingdom for passenger trains on the West Coast Main Line (WCML)(and branches thereof), between London Euston, the West Midlands, Shropshire, North Wales, Liverpool, Mancheste ...
franchise in the United Kingdom.Three shortlisted for West Coast Partnership franchise
''
Railway Gazette International ''Railway Gazette International'' is a monthly business magazine and news website covering the railway, metro, light rail and tram industries worldwide. Available by annual subscription, the magazine is read in over 140 countries by transport p ...
'' 22 June 2017


References


External links

* {{authority control Companies listed on the Hong Kong Stock Exchange Companies listed on the Shanghai Stock Exchange Companies formerly listed on the New York Stock Exchange Companies based in Shenzhen H shares Railway companies established in 1984 Chinese companies established in 1984 Railway companies of China China Railway Corporation Government-owned companies of China