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01193 CHINA RES GAS

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  • 28.300
  • -0.400-1.39%
Noon Break Dec 5 11:59 CST
65.49BMarket Cap12.75P/E (TTM)

About CHINA RES GAS Company

China Resources Gas Holdings Limited (the “Company” or “China Resources Gas”) is mainly owned by China Resources (Group) Co., Ltd., one of the largest state-owned enterprise groups in China. As a leading gas utility group in China, China Resources Gas's main business includes the purchase and sale of natural gas, construction and operation of pipeline facilities, integrated services, integrated energy for heating and cooling, and marine gas. China Resources Gas's business is strategically distributed across the country, mainly in economically developed and densely populated regions and regions with abundant natural gas reserves. With a good industry foundation and the execution capabilities of the Company and its subsidiaries (“Group”), China Resources Gas continued to achieve rapid expansion through inclusive growth in 2024. In the first half of 2024 (the “period”), China Resources Gas had a total of 276 urban gas projects distributed in 25 provinces in China, including 15 provincial capitals and 76 prefecture-level cities. The total gas sales volume in the first half of 2024 reached about 20.901 billion cubic meters and the number of customers reached 58.84 million households. Optimizing the energy structure and controlling environmental pollution will drive China's natural gas consumption to continue to grow. The Chinese government has taken a number of measures in recent years to promote the development and use of less polluting energy resources. Compared with traditional energy resources such as coal and crude oil, the natural gas industry conforms to the country's core development concept of innovation, coordination, green, openness and sharing. The country once again emphasizes promoting green and low-carbon development and strengthening the construction of ecological civilization in the “14th Five-Year Plan” and the draft long-term goal outline for 2035. The promotion and application of natural gas plays an important role in protecting the ecological environment and promoting green transformation. China is still the most important region for global natural gas development, and China's natural gas market is still in an important development period. China Resources Gas will make full use of the favorable business environment, continue to expand through content and epitaxial growth, strive to improve its operating efficiency while pursuing excellent performance, provide safe and reliable clean energy supply and provide customers with thoughtful, thoughtful and efficient services, provide shareholders with continuous growth and sustainable performance, create extensive and professional personal development opportunities for employees, contribute to environmental protection and improvement in China and the world, and become the most respected leader in the Chinese gas industry.

Company Profile

Symbol01193
Company NameCHINA RES GAS
ISINBMG2113B1081
Listing DateNov 7, 1994
Issue Price1.65
Shares Offered50.00M share(s)
Registered AddressBermuda
Chairmanping yang
Secretaryguiyu zheng
Audit InstitutionKPMG
Company CategoryOverseas registration of Mainland State-owned Assets control
Registered OfficeVictoria Place, 5th Floor 31 Victoria Street Hamilton HM 10 Bermuda
Head Office and Principal Place of BusinessRoom 1901-02, 19th floor, China Resources Building, 26 Harbour Road, Wanchai, Hong Kong
Fiscal Year Ends12-31
Employees58197
MarketHong Kong motherboard
Phone+852 2593 8200
Fax+852 2598 8228
Emailcrgas_IR@crgas.com
Business China Resources Gas Holdings Co., Ltd. is an investment holding company mainly engaged in the business of providing gas supply. The company operates through five divisions. The Sales and Distribution of Gaseous Fuels and Related Products segment is mainly engaged in the sale of natural gas and smaller quantities of liquefied petroleum gas for residential, commercial and industrial use. The gas connection division builds a gas pipeline network. The gas station division is mainly engaged in the sale of gas fuel at natural gas filling stations. The gas appliance sales division is mainly engaged in the sale of gas appliances and related products. The Design and Construction Services Division is mainly engaged in the design, construction, consultancy and management of gas connection projects.

Company Executives

  • Name
  • Position
  • Salary
  • ping yang
  • Chairman of the Board, Executive Director, Chairman of the Nomination Committee, Authorized Representative
  • 3.93M
  • xiaoshuang li
  • Executive Director, Chief Financial Officer
  • 2.65M
  • gaoqiang wang
  • Non-executive Directors, Audit Committee Members, Member of the Risk Management Committee
  • --
  • jian liu
  • Non-executive Directors, Member of the Risk Management Committee, Audit Committee Members
  • --
  • lu ge
  • Non-executive Directors, Nomination Committee Members
  • --
  • weiwei li
  • Non-executive Directors
  • --
  • junzheng zhang
  • Non-executive Directors, Remuneration Committee Members
  • --
  • desheng huang
  • Independent Non-Executive Director, Remuneration Committee Chairman, Nomination Committee Members, Member of the Risk Management Committee, Audit Committee Members
  • 300.00K
  • handu yu
  • Independent Non-Executive Director, Chairman of the Audit Committee, Chairman of the Risk Management Committee, Remuneration Committee Members, Nomination Committee Members
  • 300.00K
  • yuchuan yang
  • Independent Non-Executive Director, Member of the Risk Management Committee, Audit Committee Members, Nomination Committee Members
  • 300.00K
  • boen li
  • Independent Non-Executive Director, Remuneration Committee Members
  • 77.00K
  • likun zhu
  • Senior Vice President of China Resources Gas (Group) Co., Ltd.
  • --
  • weizhong huang
  • Vice President of China Resources Gas (Group) Co., Ltd.
  • --
  • xiaojun yin
  • Vice President of China Resources Gas (Group) Co., Ltd.
  • --
  • hong lu
  • Vice President of China Resources Gas (Group) Co., Ltd.
  • --
  • dechen che
  • VP
  • --
  • zhonghua xiao
  • Secretary of the Discipline Inspection Commission
  • --
  • yan qin
  • VP
  • --
  • xuesong li
  • VP
  • --
  • wenchen han
  • VP
  • --
  • hougui jiang
  • VP
  • --
  • peng shao
  • VP
  • --
  • guiyu zheng
  • Authorized Representative, Company Secretary
  • --

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