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Beijing-Shanghai High-Speed Railway Co Ltd went public on Jan 16 this year on the Shanghai Stock Exchange. The company, founded in 2007, had reported sustained profitability for five consecutive years since 2014, according to national railway operator China State Railway Group Co Ltd, the parent of Beijing-Shanghai High Speed Railway's controlling shareholder China Railway Investment Co Ltd, as per a previous China Daily report.
Before the deal closes, FCA will pay its shareholders a 5.5 billion euro (.1 billion) premium, raising questions about whether the new company will be saddled with too much debt. Jeffries analyst Philippe Houchois estimated that Peugeot is paying a hefty 32 percent premium to take control of Fiat Chrysler.
Beijing-Tianjin-Hebei enterprises plan to step up their efforts to contribute more to the region's coordinated development.
Beijing-Shanghai High Speed Railway Co Ltd is listed on the Shanghai Stock Exchange on Thursday. [Photo provided to China Daily]
Beijing is playing a leading role in upgrading its buses.
来源：资阳报