Zhong Guo Jing Ying Bao·2025-08-08 12:15Company Overview - Xinjiang Tibet Railway Co., Ltd. has been established with a registered capital of 95 billion RMB, focusing on various services including construction, railway transportation, and real estate development [1][2] - The company is wholly owned by China National Railway Group Co., Ltd. [3] Industry Context - The new railway line will connect Hotan in Xinjiang to Lhasa in Tibet, marking it as the third strategic passage into Tibet after the Qinghai-Tibet Railway and Sichuan-Tibet Railway [3] - The project is part of a broader initiative that includes 45 major projects aimed at enhancing transportation infrastructure in China, with construction expected to commence within the year [3] Market Reaction - Following the announcement of the new railway project, local stocks in Xinjiang experienced significant gains, with multiple companies reaching their daily price limits [4][5] - Notable stocks include Bayi Steel, Tianshan Shares, and Xinjiang Jiaojian, all showing increases of around 10% [5]