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ADD:NO.12,ZHONGXING ROAD,NINGO
(FLOOR 2-3,LIFEGREEN-MOREI)
TEL:0574-87797315
FAX:0574-87797311
EMAIL:ADMIN@NBJTTZ.COM
With the passing of time and revolution of days, Ningbo Communications Investment Holdings Co., Ltd. (NBCIH) has experienced a course of growth and evolution for more than one decade. From its establishment to reorganization, then being one of the authorized Ningbo state-owned assets management companies, NBCIH on one hand continues to take the management responsibility of finance and investment in Ningbo infrastructure construction, on the other hand shoulders the arduous duty to maintain and increase the value of state-owned assets. It is a long way for us to go.

As a professional investment company for construction of traffic infrastructures, NBCIH has played its leading and backbone role in the construction of traffic infrastructures ever since its establishment. Over more than one decade of its development, with the great concern and energetic support of the Party committee and government of Ningbo City, Ningbo Communications Bureau and other relevant authorities, NBCIH has accumulatively input a sum of RMB 8 billion yuan in the infrastructural construction, built the traffic infrastructures in Ningbo with all its strength in the light of high starting point, high standard and high speed, thus become the pillar in Ningbo for transforming traffic facilities. In the meantime, it has pushed forward the modernization of traffic construction in Ningbo and accelerated the growth of economy in Ningbo.

With the great effort of the whole company, brilliant achievement was made in construction: Large projects such as Tongsan Expressway (Ningbo Section), Yong River Tunnel, Ningbo Airport Highway, No. 329 State Highway Ningbo Section and Cixi Section, Tongtu Highway etc. completed one by one. Ningbo-Jinhua Expressway has its all lines linked up by the end of 2005. These achievements are the best repayment to the hard work of NBCIH staff. Of course, except these completed projects, a series of national key projects are aggressively under construction: NBCIH started investment in Hangzhou Bay Sea-crossing Bridge and its South-shore Connection in 2003, cooperated with Ningbo Lishe International Airport to invest in Ningbo Airport Charter Flight Co., Ltd. in 2004, cooperated with Zhejiang Communications Investment Company etc. to invest in Zhoushan Island Connection project in 2005, exclusively invested in Hangzhou-Ningbo Cannel project and participated in Airport Logistics project in 2006. These performances not only impelled the construction of Ningbo traffic infrastructure, changed Ningbo traffic investment environment, but also greatly improved the assets structure and quality of our company.

While basing itself upon the construction of great traffic, NBCIH is also vigorously engaged in holding and participating the equity of many industrial companies and operating capital in many fields, where considerable profits have been received. The company has steadily made progress with corporate strength enhanced year by year, having the corporate scale been enlarged to RMB 15.7 billion yuan today from the original RMB30 million yuan at its establishment. This not only splendidly completes its responsibility as an investment holdings company, but also serves as a substantial foundation for further development of our enterprise!

With the national system reform going in-depth and increased investment in key traffic projects, a new age of economy is pregnant with a new economic environment where there're coexistence of opportunities and challenges and of difficulties and hopes. How to ensure the national assets authorized and invested by the state to maintain and rise in value in our future work and how to make our corporate development keep pace with the advance of the traffic construction in Ningbo are the long-term targets for us to pursue for the present and the future.

Look back the past, we are full of pride and enthusiasm and look into the future, we are full of confidence. We firmly believe that the whole staff of NBCIH, encouraged and guided by the significant thought of "Three Representatives" put forward by the Party and under the great concern and energetic support of the government and relevant departments at various levels, will create a brilliant tomorrow of NBCIH by following the consistent spirit of NBCIH of strenuous struggle and innovation.

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