GSH Guangshen Railway Co Ltd

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

FORM 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of January 2016

Commission File Number: 1-14362

 

 

GUANGSHEN RAILWAY COMPANY LIMITED

(Translation of registrant’s name into English)

 

 

No. 1052 Heping Road, Shenzhen

People’s Republic of China 518010

(Address of principal executive offices)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

(If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-            )

 

 

 

---

EXHIBIT

 

Number		Description of Document
99.1		Positive Profit Alert

FORWARD-LOOKING STATEMENTS

Certain information contained in this Form 6-K are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended. These forward-looking statements can be identified by the use of words or phrases such as “is expected to,” “will,” “is anticipated,” “plan to,” “estimate,” “believe,” “may,” “intend,” “should” or similar expressions, or the negative forms of these words, phrases or expressions, or by discussions of strategy. Such statements are subject to risks, uncertainties and other factors that could cause the registrant’s actual results to differ materially from its historical results and those presently anticipated or projected. A discussion of the most significant risks, uncertainties and other factors is included in the annual report on Form 20-F that the registrant files with the Commission each year.

You are cautioned not to place undue reliance on any such forward-looking statements, which speak only as of the date on which such statements were made. Among the factors that could cause the registrant’s actual results in the future to differ materially from any opinions or statements expressed with respect to future periods include changes in the economic policies of the PRC government, an economic slowdown in the Pearl River Delta region and elsewhere in mainland China, increased competition from other means of transportation, delays in major development projects, occurrence of health epidemics or outbreaks in Hong Kong or China, foreign currency fluctuations and other factors beyond the registrant’s control.

 

2

---

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

				Guangshen Railway Company Limited
Dated: January 28, 2016				By:		/s/ Guo Xiang Dong
				Name:		Guo Xiang Dong
				Title:		Company Secretary

 

3

Exhibit 99.1

Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness and expressly disclaim any liability whatsoever for any loss howsoever arising from or in reliance upon the whole or any part of the contents of this announcement.

 

(a joint stock limited company incorporated in the People’s Republic of China)

(Stock Code: 00525)

POSITIVE PROFIT ALERT

This announcement is made by Guangshen Railway Company Limited (the “Company”, together with its subsidiaries, the “Group”) pursuant to Part XIVA of the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) and Rule 13.09 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.

The board of directors of the Company (the “Board”) wishes to inform the shareholders, investors and potential investors of the Company that, based on the preliminary assessment of the unaudited consolidated management accounts of the Group made in accordance with the China Accounting Standards for Business Enterprises for the year ended 31 December 2015 (the “Year”), the Group expects an increase between 45% to 65% in net profit attributable to shareholders of the Company as compared with that of the preceding year. For the year ended 31 December 2014, the Group recorded a net profit of RMB662,020,979 with RMB0.09 earnings per share.

According to information currently available, the Board believes the increase in profit is mainly attributable to (i) a significant increase in revenue with regards to rail transport services, given the Company’s active responses to market changes and developments of new rail transport services; (ii) continuing optimization of production facilities to improve efficiency in the usage of assets; and (iii) implementation of strengthened cost control to enhance the quality of the Company’s operation .

As the Company has yet to finalize its unaudited consolidated results for the Year, the information contained in this announcement is only a preliminary assessment made by the Board with reference to the latest financial information currently available, and actual results of the Group may differ from the estimates disclosed in this announcement.

Further information and other details of the Group’s financial performance for the Year will be disclosed in the forthcoming annual results announcement, which is expected to be published by the end of March 2016.

---

Shareholders, investors and potential investors of the Company are advised to exercise caution when dealing in the securities of the Company.

 

Shenzhen, PRC, 28 January 2016

As at the date of this announcement, the Board consists of:

Executive Directors

Wu Yong

Shen Yi

Luo Qing

Non-executive Directors

Sun Jing

Yu Zhiming

Chen Jianping

Independent Non-executive Directors

Chen Song

Jia Jianmin

Wang Yunting

 

2