Through 90 years’ growth and development, Hangzhou Public Transport Group has become a solely state-owned liability limited company with its business ranging from urban public passenger transport as the main activity to taxi transport, tourism passenger transport, automobile repair, auto parts and fuel sales, advertising, real estate development, property management and public bicycle development service etc. The company owns 13 branch company, 11 solely-owned subsidiaries (enterprises), 14 holding companies and 16 joint-stock companies. Up to the end of 2011, the group held 6.01 billion RMB, employed 23,000 staff, ran 548 public transport lines and had won the titles of National Civilized Unit, Civilized Unit of Zhejiang Province, China Best Enterprise for Scientific and Technologic Innovation of Urban Public Transport, China Excellent Enterprise for Energy-Saving and Emission-Cut and Advanced Enterprise for Social Responsibility Construction of Hangzhou City etc.
With the urban economic and social development of Hangzhou City, the transport structure adjustment and “public transport priority” policy have been implemented in depth, bringing new opportunities and challenges to the development of public transport in Hangzhou. Hangzhou Public Transport Group will further seize the opportunities, utilize its advantages, uphold the operation philosophy of “humanity orientation” and “priority and excellence to public transport”, follow the target requirement of building “quality great public transport system” set by municipal CPC committee and government of Hangzhou City, reinforce public welfare function, carry forward market operation, achieve its strategic target to build a domestic and international model transport enterprise.
The group will carry out its business operation stably, make innovation and keep high efficiency for the transport convenience and satisfaction of the people and more share of public transport, and use every means to provide the transport quality for the people. It will put more efforts into scientific and technologic innovation, focus on information and precision management as the basis for transformation of development mode, achieve procedure reconstruction, invariably improve production and operation efficiency, give more care to its employees, actively cultivate an excellent enterprise tenet of “uprightness, pragmaticism, diligence, service and donation” and endeavor to build a harmonious enterprise. The company will further intensify eco-development concept, earnestly follow “eco-city” construction requirement, build a “green and low-carbon” enterprise, open a new front for scientific and technologic development and contribute more to the construction and share of “quality city for life”.