EXHIBIT 8.1
TO ANNUAL REPORT
ON FORM 20-F
LIST OF SIGNIFICANT SUBSIDIARIES OF GUANGSHEN RAILWAY COMPANY LIMITED
The following table lists information concerning the significant
subsidiaries of Guangshen Railway Company Limited as of December 31, 2004:
COUNTRY OF PERCENTAGE OF INTEREST
NAME INCORPORATION HELD BY GUANGSHEN RAILWAY
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DIRECTLY HELD BY THE COMPANY
Guangzhou East Station Dongqun Trade and Commerce Service PRC 100%
Company
Shenzhen Fu Yuan Enterprise Development Company PRC 100%
Shenzhen Guangshen Railway Civil Engineering Company PRC 100%
Shenzhen Guangshen Railway Travel Service Ltd. PRC 100%
Shenzhen Jian Kai Trade Company PRC 100%
Shenzhen Jing Ming Industrial & Commercial Company Limited PRC 100%
Shenzhen Railway Station Travel Service Company(i) PRC 75%
Shenzhen Longgang Pinghu Qun Yi Railway Store Loading and
Unloading Company PRC 55%
Dongguan Changsheng Enterprise Company PRC 51%
Shenzhen Guangshen Railway Electric Section Service Limited PRC 100%
Shenzhen Railway Station Passenger Services Company Limited PRC 100%
INDIRECTLY HELD BY THE COMPANY
Shenzhen Nantie Construction Supervision Company PRC 100%
Shenzhen Guangshen Railway Economic and Trade Enterprise
Company PRC 100%
Shenzhen Railway Property Management Company Limited PRC 100%
Shenzhen Yuezheng Enterprise Company Limited PRC 100%
Shenzhen Road Multi-modal Transportation Company Limited PRC 60%
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(i) Sino-foreign co-operative joint ventures.