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Shandong Gaosu Group

Shandong Gaosu Group is a state-owned capital investment company in Shandong Province's infrastructure sector and a Fortune Global 500 enterprise, operating and managing expressways.

Last updated October 12, 2026

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Overview

Shandong Gaosu Group is described on its official site as a state-owned capital investment company in Shandong Province's infrastructure sector and a Fortune Global 500 enterprise, with registered capital of RMB 93.35 billion and total assets exceeding RMB 1.8 trillion. It operates and manages 9,240 km of expressways, of which 7,504 km are within Shandong Province. The group holds seven listed companies: Shandong Hi-Speed (600350.SH), Shandong Luqiao (000498.SZ), Shandong Hi-Speed Holdings (412.HK), Qilu Expressway (1576.HK), Weihai Bank (9677.HK), Shandong Hi-Speed New Energy (1250.HK), and Diwei Intelligent (688579.SH), and has received domestic AAA and international A credit ratings. Its stated aim is to build itself into an infrastructure investment, construction, operation and service provider and an industry-leading enterprise.

History

According to its official website, Shandong Gaosu Group is a state-owned capital investment company in Shandong Province's infrastructure sector and a Fortune Global 500 enterprise, with registered capital of RMB 93.35 billion and total assets exceeding RMB 1.8 trillion. It operates and manages 9,240 km of expressways, 7,504 km of which are within Shandong Province. The group holds seven listed companies and has received domestic AAA and international A credit ratings. Its stated mission is to develop its core infrastructure business and to build itself into an infrastructure investment, construction, operation and service provider and industry-leading enterprise in support of 'transportation-strong province' development.

  • Shandong Gaosu Group released the 'Shandong Gaosu · Zhixing' large model and unveiled the 'Industry Big Data + Artificial Intelligence' Digital-Intelligence Development Research Center in Jinan.

  • Group Party Secretary and Chairman Wang Qifeng delivered a special Party lecture on establishing and practicing a correct view of political achievements.

  • Shandong Gaosu Group held its 2026 first-half work conference and the third plenary meeting of the Safety Committee, summarizing first-half results and setting second-half priorities.

  • Rail Transit Group restarted Aoxing Petrochemical oil products transport business; Weihai Bank issued China's first 'blue' themed financial bond; Shandong Hi-Speed Holdings organized Hong Kong staff for ICAC training; Qingdao Development Company won second prize in the transportation track of the 2026 'Data Element ×' Shandong division; Zibo highway 'one road, multiple parties' joint meeting for holiday traffic was held; Heze Development Company conducted emergency response training.

Products and positioning

Infrastructure investment, construction, operation and service provider and industry-leading enterprise supporting Shandong's 'transportation-strong province' development.

  • Expressway operation and management

Controversies

Sources10 sources

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