Ganghua Smart Energy Co., Ltd. is a Hong Kong listed company (stock code: 1083). Its main shareholder is China Hong Kong Zhonghua Gas Co., Ltd. (stock code: 0003). Ganghua Smart Energy Co., Ltd. (hereinafter referred to as Ganghua Smart Energy) is a specialized gas investment management group specializing in gas business investment, development and operation management. Its main business involves the sale and distribution of piped gas in China, including the provision of pipeline gas, gas pipeline network construction, operation of urban pipeline gas networks, operation of gas vehicle gas stations, and sale of gas-related appliances. At the same time, the Group has been engaged in smart energy system business (including renewable energy generation (including but not limited to solar photovoltaic systems), digital energy management services, and carbon management services) in China (hereinafter referred to as smart energy business). In particular, in line with China's carbon peak and carbon neutrality target, Ganghua Smart Energy continues to promote the “Zero Carbon City” smart energy plan based on the development of photovoltaics and energy storage projects, and has established extensive cooperative relationships with major Chinese energy companies to build a smart energy ecosystem. Currently, since the world aims to achieve zero carbon emissions, the global focus is on actively promoting a green and low-carbon transformation of global development. Therefore, it is anticipated that future trends in the energy business will focus on sustainable development and carbon reduction. In line with the development trend, the Group plans to further expand its smart energy business by investing in and developing its smart energy business through rational allocation of work and resources, in addition to other existing businesses. Ganghua Smart Energy began entering China's gas sector in the mid-1990s. Through joint ventures with state-owned gas production, sales, storage and transportation enterprises with the most powerful and competitive advantages in target markets, Ganghua Smart Energy began entering China's gas sector in the mid-1990s. Through joint ventures with state-owned gas production, sales, storage and transportation enterprises with the most powerful and competitive advantages in the target market, Ganghua Smart Energy has successively entered 21 provinces/autonomous regions/cities including Anhui, Fujian, Guangdong, Guangxi, Guizhou, Heilongjiang, Hebei, Hubei, Hunan, Inner Mongolia, Jiangsu, Jiangxi, Jilin, Liaoning, Shandong, Sichuan, Yunnan, Zhejiang, Chongqing and Shanghai, has 127 projects. Ganghua Smart Energy is a leading urban pipeline gas operator in the mainland. It provides 13.44 million residential and industrial customers and has an annual gas sales volume of 11.120 billion cubic meters. It has formed a complete operation system with a terminal service system as the core, covering gas refining, storage, distribution, sales, and urban gas network construction. With its business philosophy of providing low-carbon, environmentally friendly and clean gas, years of gas retail service and market development capabilities, accumulated experience and good records of state-owned enterprise restructuring over the years, and strong capital strength, abundant resources and proper marketing management skills, Ganghua Smart Energy has accurately grasped the huge business opportunities nurtured during the rapid development of the natural gas industry, giving full play to the experience, technology and talent advantages of gas management brought by itself and China Gas to expand pipeline gas business throughout the country, successfully establishing close and friendly cooperative relationships with local governments. It has created a high reputation in the mainland gas industry, created a good brand effect among end users, and became a long-term partner trusted and supported by local governments, enterprises and users. With standardized services, efficient logistics and distribution systems and advanced operation and management models, Ganghua Smart Energy has actively pioneered the domestic, industrial and automobile gas markets, guaranteed the supply of pipeline gas, achieved low-cost and efficient operation. It has grown into one of the largest cross-regional gas supply and smart energy service providers currently covering the widest range of domestic and even Asian business areas, the largest number of end users, and the largest cross-regional gas supply and smart energy business service provider.
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