Guangzhou Investment Company Limited ("Company") was listed on The Stock Exchange of Hong Kong Limited ("Stock Exchange") in December 1992. Yue Xiu Enterprises (Holdings) Limited ("Yue Xiu"), the controlling shareholder of the Company, is the principal investment vehicle of the Guangzhou Municipal People's Government in Hong Kong. The Company and its subsidiaries ("Group") have built up several businesses consisting of property, newsprint (disposed of in 2008) and toll road mainly located in the Guangdong Province of the Mainland of the People's Republic of China ("China"). These businesses all have substantial market shares in Southern China. Regarding the property business, the Group currently has property projects under development and land bank with total gross floor area ("GFA") of approximately 6.02 milllion square metres. The toll road business is conducted through GZI Transport Limited ("GZT"), a subsidiary of the Company separately listed on the Stock Exchange in 1997. GZT is currently operating an attributable length of 324.3 km of toll road and bridge projects in Guangdong and other selective provinces of China. The Group also holds a 35.58% interest in GZI Real Estate Investment Trust ("GZI REIT"), a Hong Kong collective investment scheme authorised under section 104 of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and the first listed real estate investment trust in the world investing in real estate in China.
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