About YUANHENG GAS Company

Yuanheng Gas Holdings Limited (listed on the main board of the Hong Kong Stock Exchange, stock code: 00332) is committed to developing into China's leading sustainable clean energy group company, always adhering to the business philosophy of quality first, customer first, and win-win cooperation, focusing on the energy industry, actively constructing a complete value chain including oil and gas extraction, liquefied natural gas production and sales, commodity import and export trade, warehousing and transportation, industrial investment, and end customer development; responding to the country's call for environmental protection economy, energy saving and emission reduction, and promoting the development of the clean energy industry with a responsible attitude. The company mainly deals in liquefied natural gas business, with Guangzhou Yuanheng Gas Co., Ltd., the main operator. Guangzhou Yuanheng Gas Co., Ltd. was founded in July 2007 with a registered capital of 957 million yuan. With unique business ideas and advanced management mechanisms, it accurately grasped the pulse of the market, controlled upstream natural gas production bases through shareholding, developed professional energy logistics distribution, developed stable income provincial gas branch pipelines, and high-quality gas terminal projects, and achieved impressive business results. At the same time, it has accumulated rich experience in gas project investment and operation. By the end of 2013, the total assets exceeded 1.8 billion yuan, annual revenue exceeded 2 billion yuan, and the trade network covered the whole country, making it the number one enterprise brand in the industry. Fenghui Co., Ltd., which is wholly owned by the company, mainly trades in various energy products such as crude oil, aviation coal, gasoline, diesel, fuel oil, chemical products and natural gas. Using its many years of experience and cooperative relationships in the oil industry, it develops international trade in commodities with state-owned petrochemical enterprises such as CNPC, Sinopec, China Gas, China Shipbuilding, Trafigura, Mercuria, etc. Looking forward to the future, relying on strong financial support from the capital market that is in line with the international community and advanced scientific management models and business ideas in line with the governance of listed companies, the company will vigorously implement plans to extend the gas upstream and downstream industrial chain, focusing on extracting oil and gas resources and developing high-quality terminal projects, seeking to gain a strong advantage in differentiated competition, forming a new situation of healthy, rapid and sustainable development where healthy interaction between trade and industry, business operation and capital operation go hand in hand, and strive to create a large-scale clean energy modern enterprise with asset sharing, industrial specialization, management modernization, and international operation The group is building a first-class excellent brand in China's gas industry.