950亿！新藏铁路公司成立

Core Viewpoint - The establishment of Xinjiang-Tibet Railway Co., Ltd. is a significant step towards enhancing transportation infrastructure between Xinjiang and Tibet, with a registered capital of 95 billion RMB and a wide range of operational scopes including construction, railway transport, and tourism services [2][3][9]. Company Information - Xinjiang-Tibet Railway Co., Ltd. is wholly owned by China National Railway Group Co., Ltd., which is a state-owned enterprise with a registered capital of 1,739.5 billion RMB [3][4]. - The company’s operational scope includes construction engineering, railway transport equipment manufacturing, public railway transport, and real estate development among others [2]. Market Reaction - Following the announcement of the new company, Xinjiang Communications Construction Co., Ltd. saw its stock price surge by 10.04%, reaching the daily limit [5]. - The convertible bond issued by Xinjiang Communications Construction, known as "Jiaojian Convertible Bond," experienced a remarkable increase of 19.28%, with a trading volume of 5.269 billion RMB on the same day [5][6]. Strategic Importance - The Xinjiang-Tibet Railway is a crucial transportation route connecting Xinjiang and Tibet, facilitating travel from Hotan City in Xinjiang to Shigatse and Lhasa in Tibet [8]. - The establishment of Xinjiang-Tibet Railway Co., Ltd. aligns with the Ministry of Transport's plan to accelerate the construction of major projects, including the Xinjiang-Tibet Railway, as part of a broader initiative to strengthen national transportation infrastructure [9].