Todd Bishop
The newly-created group (0659), which is based on infrastructure, has a large number of valves. The business covers roads, environment, buses and aircraft leasing. Recently, it has also invested RMB 21.5 billion to acquire Fortis Insurance and entered the insurance industry.
However, the Group’s “Golden Egg” has always been a road business. The 15 roads operating in the Mainland earned about 950 million yuan in the second half of last year, accounting for nearly half of the team’s total operating profit. The reporter visited Hangzhou on the city road last week and found that this road is not simple. Real-time monitoring of all road conditions with big data, so that illegal vehicles, car breakdown and traffic jams can be seen in all directions!
Alibaba’s “City Brain” in cooperation with the Hangzhou Municipal Government manages the city with big data, and New Creation is also involved in it. It uses data to manage the Hangzhou Ring Road, which is more than 100 kilometers away, and monitors vehicles around the clock in more than 200 cameras. Once a move, the monitoring personnel and the traffic police can make timely measures such as clearing the road and keeping the road unimpeded.
Smart Highway is not afraid of double eleven and mainland long holidays
The monitoring platform calculates the speed of each vehicle by video scanning and GPS positioning. In the event of vehicle breakdown and blocking, the monitoring personnel can receive data and make transfer arrangements within 1 second, including implementing traffic restriction measures. The platform will also use the infrared light to identify the license plate with an accuracy of 95%. It will help the traffic police intercept the illegal vehicles at the toll booth in time and provide an automatic warning in 10 seconds.
As of the last fiscal year, the average daily traffic volume of the highway was 82,600, with a 5% increase. Cai Hongfa, the newly created senior manager (road), said that even during the peak period of the crowd, such as the double eleven and the mainland long vacation, the traffic flow reached up to 500,000 sorties, and there was no serious traffic jam. For toll stations, the use rate of highway electronic tolls is about 30%. The rest are cash and Alipay charges. He expects the use rate of electronic tolls to reach 90% by the end of the year, speeding up the traffic speed of vehicles.
Seeking new road investment projects in the Mainland
In addition to the Hangzhou Highway, NWS also actively develops different road projects in the Mainland. The Group Director (Road) He Guoqiang said that with the expiration of the Hong Kong Tate’s Cairn Tunnel franchise, the company is seeking new investment projects, which are in the Greater Bay Area, the Yangtze River Delta and the Central Region. Areas such as Hunan and Hubei are also considering investing in overseas roads, but the rate of return and flow are inferior to those of mainland projects.
Seize the environmental business in Shanghai Chemical Industry Zone
The environment is another core business newly created. In the second half of last year, the company earned about 450 million yuan. The Group, through a joint venture with the French energy company Suez, operates 70 projects in the Mainland for water and solid waste resources. The reporter also went to the Shanghai Chemical Industry Park to learn about the latest developments in the Group’s local environmental business.
Shanghai Chemical Industry Park is a petrochemical base and requires a large amount of water purification and sewage treatment. Suez New Creation signed an agreement with the park in 2002 to set up a plant to cope with
The US guest accounted for a minority is not affected by the Sino-US trade war
In addition, the demand for hazardous waste treatment in the chemical industry area increased. Suez New Venture invested RMB 1 billion in 2006 to establish three hazardous waste incineration production lines, 800 active customers in the service area and outside the district. The plant can process 120,000 tons of waste per year, including solid and liquid waste. The current utilization rate is about 70% to 80%. Although the factory did not disclose specific income, at the market price, the solid waste treatment costs about 7,000 yuan per ton, while the liquid waste is about 4,000 yuan. The average annual income of the factory is about 340 million yuan.
Group Director (Environment) Lu Huimin said that the main customers of sewage and hazardous waste plants are from the chemical industry zone, and the big customers are European companies such as BASF Group and Bayer Group of Germany, while the US-owned companies in the region only account for a small number. Affected by the Sino-US trade war. As the government area continues to expand the chemical industry zone, the corresponding demand will also increase steadily. The plant will gradually expand its plans to increase its processing capacity and drive revenue. In addition, the Group acquired the environmental testing laboratory of the Aussie Group in April this year, which will bring synergies to the environmental projects in the Mainland.
A water supply and sewage treatment services, with 5 biochemical treatment tanks and 2 activated carbon treatment tanks. The daily average supply of 200,000 tons of industrial water to the park enterprises. With the expansion of the pool at the end of the year, the average daily industrial water supply can increase by 50% to 300,000 tons.
