Sichuan Expressway Co has transferred 50 million of its newly listed shares to the national pension fund as per the recent government directive.

So far, 13 to-be listed (or newly listed) State-owned companies have submitted share transfer plans to the national pension fund, involving transfer of nearly 2 billion shares.

Sichuan Expressway was the first firm to complete the transfer, the National Social Security Fund (NSSF) said yesterday.