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IT House reported on April 22 that Beijing-Shanghai High-speed Railway Co., Ltd. was established in Beijing on December 27, 2007. It is currently the largest mixed-ownership enterprise in China’s railways.

On January 16, 2020, Beijing-Shanghai High-speed Railway Co., Ltd. was listed on the main board of the Shanghai Stock Exchange, marking the successful listing of “China’s first high-speed rail stock” in A-shares, and important progress in the transformation of the railway’s shareholding system.

The Beijing-Shanghai high-speed railway now discloses its 2021 annual report. The total operating cost for the year was 23.061 billion yuan, an increase of 8.71% over the same period of the previous year; the total profit was 6.248 billion yuan, an increase of 55.13% over the same period of the previous year.

During the reporting period, the company achieved operating income of 29.305 billion yuan, a year-on-year increase of 16.11%; basic earnings per share were 0.10 yuan. The company plans to distribute a cash dividend of 0.491 yuan (tax included) for every 10 shares.

According to reports, the company’s main business is high-speed rail passenger transportation, which mainly includes: providing high-speed rail transportation services and charging fares for passengers taking the train; It provides services such as line use and contact network use and charges corresponding fees.

IT Home has learned that the current market value of Beijing-Shanghai high-speed rail is 240.131 billion yuan.

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