China Gas Holdings Co., Ltd., one of China's top 500 companies, a listed company in Hong Kong, has obtained the equity of a local natural gas company with mining rights in China, and is a large-scale cross-regional integrated energy service provider
China Gas Holdings Co., Ltd. (hereinafter referred to as China Gas) is one of the largest cross-regional energy supply service companies in China, listed on the main board of the Hong Kong Stock Exchange (stock code 0384), through years of development, China Gas has successfully built a full-format development structure dominated by urban pipeline natural gas business, liquefied petroleum gas, liquefied natural gas, vehicle and ship gas, distributed energy, natural gas power generation, heating, contract energy management services, gas equipment, kitchen utensils manufacturing, and online e-commerce.
The main shareholder of China Gas is Beijing Enterprises Group Co., Ltd., which is the largest state-owned enterprise in Beijing and wholly owned by the Beijing Municipal Government.
After 15 years of rapid development, China Gas has become a leading enterprise in China's gas industry. In 2013, China Gas was included in the Hang Seng Chinese Mainland 100 Index and the FTSE China Index. In 2013, 2014 and 2017, China Gas was awarded the "Top 50 Best Listed Companies in Asia-Pacific" by Forbes Asia for its outstanding performance and development. From 2016 to 2017, China Gas stood out in the Asia-wide Management Team Ranking sponsored by the authoritative American magazine "Institutional Investor", and was awarded the "Most Respected Enterprise" in Asia for two consecutive years, and has won more than 1,000 awards such as "Outstanding Achievement Enterprise", "China's Outstanding Natural Gas Supplier", "Most Promising Chinese Enterprise" and "Best Caring Contribution Award".
China Gas currently has a wide range of projects in 29 provinces, municipalities and autonomous regions across the country. As of the end of March 2017, China Gas had nearly 50,000 employees, more than 800 subsidiaries, more than 400 city gas projects, 629 natural gas vehicle and ship refueling station projects, more than 110 liquefied petroleum gas distribution projects, 16 natural gas long-distance pipeline projects, 1 coalbed methane development project, 8 liquefied petroleum gas terminals, 4 large-scale petrochemical bases, a total length of more than 100,000 kilometers of gas pipeline network, and more than 23 million pipeline gas users. There are more than 6 million bottled LPG users, and the gas supply covers more than 150 million people in the city. The group also maintains good cooperative relations with a number of financial institutions at home and abroad, and currently has bank credit lines, bond issuance lines and special clean energy funds with a scale of more than 100 billion yuan.
In response to the country's call for haze control and green development, China Gas undertook the task of transforming 1.5 million rural households in North China with gas instead of coal in 2017, and achieved the grand goal of defending the blue sky with actions. At present, China Gas has mobilized the strength of the whole group and has organized a huge team in market development, engineering design, construction, customer service and other aspects to go deep into the vast rural areas and towns, and build an overall energy supply chain by building a "4G" (pipeline natural gas PNG, compressed natural gas CNG, liquefied natural gas LNG, liquefied petroleum gas LPG) energy network. In the work of replacing coal with gas, on the one hand, China Gas has accelerated the transformation of boilers, adopted contract energy management, and combined with distributed energy, cogeneration of heat and power transformation and other methods to improve the comprehensive utilization rate of energy. On the other hand, we will focus on the management of scattered coal in rural areas, and speed up the work of gasification in rural areas through scientific planning, careful design, careful construction, safe operation, and high-quality services.
Adhering to the mission of "gathering people and benefiting the society", China Gas strives to abide by the social responsibility of corporate citizens, and has the courage to take responsibility and innovate. In the future, the 50,000 China Gas employees will continue to be committed to promoting the harmonious, green and sustainable development of society, and are determined to build an evergreen foundation and continue to create well-being for the public.
