Hunan Rail Transit Holding Group Co., Ltd. (abbreviated as "Rail Transit Group") is a large state-owned enterprise managed by the People's Government of Hunan Province. It serves as the provincial-level investment and financing entity for railway construction, with the Hunan Provincial State-owned Assets Supervision and Administration Commission performing the responsibilities of the investor. The predecessor of Rail Transit Group, Hunan Infrastructure Construction Investment Group Co., Ltd., was established in November 2014 with the approval of the Provincial People's Government through the merger of the former Hunan Railway Investment Group Co., Ltd. and the former Hunan Provincial Highway Construction Investment Co., Ltd., and was renamed to its current name in November 2017. Rail Transit Group has a registered capital of 15.147 billion yuan and a corporate credit rating of AAA. It undertakes the functional tasks of investment in national railway trunk lines, intercity railways, and urban rail transit construction, and takes the lead in responsible for the province's rail transit development. Its main business positioning covers the investment, construction, operation, and management of national railway trunk lines, railway branch lines, intercity railways, suburban (suburban) railways, and scenic area rail transit within the province, as well as the research and development, integration, and application promotion of rail transit equipment (core main business); the development and operation of logistics projects such as railway passenger and freight stations and supporting resources along railway lines (including sand and gravel); and investment and financing business serving its own operations.
At present, Rail Transit Group has 8 internal departments: the Party and Mass Comprehensive Department, the Discipline Inspection and Supervision Department, the Strategic Management Department, the Financial Management Department, the Engineering Technology Department, the Safety Management Department, the Audit and Risk Control Department, and the Human Resources Department. It has 7 wholly-owned secondary companies: Hunan Railway Construction Investment Co., Ltd., Hunan Rail Transit Technology Application Research Center Co., Ltd., Hunan Rail Transit Mining Development Co., Ltd., Hunan Xingtie Real Estate Co., Ltd., Hunan Rail Transit Logistics Development Co., Ltd., Hunan Rail Transit Huineng Development Co., Ltd., and Hunan Rail Transit High-tech Industry Investment Co., Ltd. It is the largest shareholder of three companies: Hunan Railway Investment and Development Co., Ltd., Hunan Intercity Railway Co., Ltd., and Hunan Maglev Group Co., Ltd.
Promoting green development, connecting a better life. Rail Transit Group will adhere to the guidance of Xi Jinping Thought on Socialism with Chinese Characteristics for a New Era, anchor on the grand blueprint of the "14th Five-Year Plan," keep in mind the "greatest concerns of the nation" and the "major plans of the province," fully leverage Hunan's advantages in the rail transit industry, focus on carrying out the new round of deepening and upgrading actions for state-owned enterprise reform, accelerate the modernization of mindsets, governance systems, and work capabilities, deeply advance the optimization and structural adjustment of state-owned capital layout, continuously improve core competitiveness and enhance core functions, follow the path of the entire industry chain of "financing, investment, construction, and operation," and build a "comprehensive rail transit service provider that satisfies the people, provides strong guarantees, and is first-class," contributing Hunan rail power to realizing the beautiful blueprint of "Three Highs and Four News" and promoting the construction of a modern new Hunan.
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