Shandong Gaosu Group

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.

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.

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

• Expressway operation and management

• 2022

  Former chairman Sun Liang sentenced to 14 years and 6 months for bribery and embezzlement

  Sun Liang, former Party secretary and chairman of Shandong Hi-Speed Group, was placed under investigation in August 2022. In 2024, he was sentenced to 14 years and six months in prison and fined RMB 4 million for accepting bribes, embezzlement, and abuse of power by personnel of a state-owned company; subsequently, multiple mid-level executives at the group were investigated. He was sentenced.

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• 2021.10.13

  Reported2021.10.13

  Shandong Expressway announces proposed acquisition of Qilu Expressway stake[6]山东高速宣布拟收购齐鲁高速股权finance.sina.com.cn

  Shandong Expressway announced that it plans to acquire 778.5 million domestic shares of Qilu Expressway from Shandong Expressway Group for a total investment of 1.554 billion yuan. If completed, Shandong Expressway would hold 38.93% and become Qilu Expressway's controlling shareholder.

• 2020.08.13

  Reported2020.08.15

  Bank of China and Shandong Hi-Speed Group sign strategic cooperation agreement[7]中国银行与山东高速集团签署战略合作协议finance.sina.com.cn

  Bank of China and Shandong Hi-Speed Group signed a strategic cooperation agreement in Jinan, China, on August 13, 2020.

• 2020.08.12

  Reported2020.08.12

  Shandong Hi-Speed Group announces planned merger with Qilu Transportation Group[8]山东高速集团宣布拟吸收合并齐鲁交通集团finance.sina.com.cn

  Shandong Hi-Speed Group disclosed a planned absorption merger with Qilu Transportation Group. Shandong Hi-Speed Group would continue as the surviving company and assume Qilu Transportation Group’s assets, liabilities, business, personnel, contracts and other rights and obligations; Qilu Transportation Group would be deregistered after completion.

• 2020.07.13

  Reported2020.07.14

  Shandong Hi-Speed and Qilu Transportation announce a joint restructuring plan[9]山东高速与齐鲁交通集团宣布联合重组方案finance.sina.com.cn

  At a Shandong provincial state-owned enterprise reform meeting, the joint restructuring plan for Shandong Hi-Speed and Qilu Transportation Group was formally announced.

• 2020.05.28

  Shandong Hi-Speed announces planned acquisition of a 51% stake in Rail Transit Group[10]山东高速宣布拟收购轨道交通集团51%股权biz.jrj.com.cn

  Shandong Hi-Speed announced that it plans to sign an equity transfer agreement with its controlling shareholder, Shandong Hi-Speed Group, to acquire the latter's 51% stake in Rail Transit Group for a total consideration of 3.487 billion yuan.

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1. 1山东高速集团官网sdhsg.com
2. 2集团党委书记讲树立和践行正确政绩观学习教育专题党课sdhsg.com
3. 3关于高速 - 山东高速集团官方简介sdhsg.com
4. 4文化品牌 - 山东高速企业文化与品牌建设sdhsg.com
5. 5Former chairman Sun Liang sentenced to 14 years and 6 months for bribery and embezzlement163.com
6. 6山东高速宣布拟收购齐鲁高速股权finance.sina.com.cn
7. 7中国银行与山东高速集团签署战略合作协议finance.sina.com.cn
8. 8山东高速集团宣布拟吸收合并齐鲁交通集团finance.sina.com.cn
9. 9山东高速与齐鲁交通集团宣布联合重组方案finance.sina.com.cn
10. 10山东高速宣布拟收购轨道交通集团51%股权biz.jrj.com.cn
11. 11山东高速收购轨道交通51%股权 收购价34.87亿元f.sdnews.com.cn