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Beijing Infrastructure investment Co., Ltd. is a solely state-owned limited company invested and reorganized on the basis of the former Beijing Subway Corporation by the State-owned Assets Supervision and Administration Commission of People’s Government of Beijing Municipality in accordance with “The Company Law of the People's Republic of China”, mainly engaged in investment and financing and capital operation for urban infrastructure (recently in rail transit). Up to the end of 2005, the company’s registered capital amounts to 161.118 billion yuan, total assets 36.099 billion yuan, and net assets 24.177 billion yuan.
The company has or possesses through holding companies 114-kilometer Beijing subway operating line with an average daily passenger trips up to 1,862,400. In the next few years, the company will continue to make investment in construction of No. 4, No.5, No.9, No.10 lines, the Olympic branch line, and other new subway line projects while conducting the work of investment and financing for reconstruction of old lines, which makes our total investment 90.83 billion yuan.
Since its foundation in November 2003, the company has been conscientiously carrying out its functions and duties entrusted by the municipal Party committee and the municipal government and giving full play to the leading role of government in making investment. Vast numbers of social investors and professional operators were drawn to take part in the construction of infrastructure of the city by making use of specialized investment patterns. Thanks to the efforts over the past two years, the company’s operation in investment and financing has yielded substantial results. The company worked out its “Development Plan for the 2005~2010 Period” in August 2005 and clearly defined the guiding ideology and overall strategy for its operation in the “11th Five-Year Plan Period”, which has vital guiding significance for the development of the company.
The company has 129 employees in total, aging 34 on average, among them 100 have an education background of college or higher levels, 56 with professional titles of middle rank or higher ranks, and 48 administrative personnel in headquarters of the company and project companies which are not operated as entity.
Based on attaching great importance to the growth of rail transit of the city, the company will spare no efforts in taking various measures to make optimal use of the idle assets, trying every means to bring all rail transit-related resources into full play, realizing preservation and appreciation of state-owned assets, and furthering the healthy development of the cause of infrastructure in Beijing.
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