China Gas Holdings Limited (referred to as China Gas) is one of China’s largest cross-regional integrated energy supply and service enterprises. It is listed on the Main Board of The Stock Exchange of Hong Kong Limited with stock code 00384.

After years of development, China Gas has built a full-business portfolio led by pipeline natural gas, supplemented by liquefied petroleum gas (LPG), liquefied natural gas (LNG), vehicle and marine gas, propane micro-pipeline networks, hydrogen energy development and utilization, low-carbon integrated energy services, energy internet operation, manufacturing of gas equipment and kitchen appliances, as well as grid e-commerce.

As of March 31, 2022, China Gas had over 100,000 employees and more than 1,700 subsidiaries. It owns over 660 franchised pipeline gas projects, more than 600 natural gas refueling stations for vehicles and vessels, over 110 LPG terminal distribution projects, and more than 360 completed and operational multi-energy complementary integrated energy supply projects. Its assets include 1 coalbed methane development project, 32 long-distance natural gas pipeline projects, 4 LPG terminals, 7 large petrochemical storage bases, one offshore transportation fleet and multiple land hazardous chemical transport fleets. The total length of its gas pipelines exceeds 500,000 kilometers, with annual natural gas sales hitting 36.7 billion cubic meters. It serves over 50 million pipeline gas and bottled LPG users, covering an urban population of more than 200 million.

While driving social progress through production and operation, China Gas actively fulfills corporate social responsibilities and has made remarkable contributions to improving people’s quality of life, accelerating industrial transformation, boosting local economies, maintaining social stability and optimizing ecological environments. The company consciously integrates social responsibility into its corporate strategy, culture and daily operations to build a harmonious enterprise.

Since launching urban gas projects in China, China Gas has maintained sound partnerships with local governments and accumulated rich practical experience in the restructuring of state-owned enterprises (SOEs). It has successfully participated in the restructuring of state-owned gas companies in multiple cities including Harbin, Hohhot, Jinzhou, Liaoyang, Baoji, Wuhu and Yangzhou. Among domestic cross-regional gas operators, China Gas stands out in ensuring smooth transitions during SOE restructuring, stable gas supply, close coordination with local authorities, integration of old and new management systems, and complementary alignment of corporate and local cultures. To date, the Group has restructured more than 100 state-owned enterprises and properly resettled over 45,000 SOE employees. All restructured project companies operate steadily with stable staff and substantially improved corporate performance.

For years, China Gas has given back to society and founded the China Gas Public Welfare Foundation. The Group has initiated or participated in more than 10,000 charitable activities including youth education support, disaster relief and poverty alleviation, making persistent efforts to advance public welfare undertakings.

Since its establishment, China Gas has attached great importance to corporate culture featuring mission responsibility and patriotism, guided by entrepreneurial values. By embedding the corporate spirit of Dream, Passion, Transcendence, the Group fosters strong core competitiveness. It integrates three core management principles — comprehensive budget management, standardized management, and target responsibility management under performance assessment — with the business philosophy of Cooperation, Sharing, Win-Win. This cultivates a strong sense of ownership and social accountability among all staff, shaping a reputable corporate image for China Gas.

Upholding the mission of Uniting Gas, Uniting People, Benefiting Society, China Gas delivers clean, convenient energy and services to users and pursues wellbeing for the public. Guided by the vision of Unity of People and Enterprise, A Century-Old China Gas and the spirit of Dream, Passion, Transcendence, all China Gas employees strive to build a work atmosphere of Simplicity, Transparency, Pragmatism and Efficiency, and a work style of Swift, Precise, Resolute, Rigorous, Detailed and Practical. Through diligent governance and transformative leadership, the Group relies on the steady burn of blue gas flames to stand out amid fierce market competition.

In 2013, China Gas was included as a constituent stock of the Hang Seng LargeCap Index, Hang Seng 100 Index and FTSE China Index. In 2013, 2014, 2017 and 2018, it was named one of Forbes Asia’s Fab 50 Companies four times for outstanding operating results and development momentum. From 2017 to 2020, the Group was consecutively honored as Asia’s Most Admired Company for four years in the annual All-Asia Executive Team Rankings hosted by Institutional Investor, an authoritative U.S. financial journal. In January 2017, Liu Minghui, President of China Gas, won the title of 2016 China Financial Figure of the Year. In February 2018, alongside well-known domestic enterprises including CITIC, Tencent, CNOOC and China Mobile, China Gas was added to the Hang Seng China Enterprises Index as one of the 50 constituent stocks representing outstanding Chinese enterprises.

On October 19, 2018, the first Golden Wing Awards for Most Valuable Hong Kong Stock Connect Companies hosted by Securities Times unveiled its results, with China Gas ranking high on the 2018 Golden Wing Awards Value Strength List for Stock Connect Firms. On January 9, 2020, following the Outstanding Listed Enterprise Award — 2019 Outstanding Performance Award from Capital Weekly, China Gas received the Best Infrastructure & Utilities Stock Award at the 4th Golden Hong Kong Stock Awards 2019. On September 22, 2020, China Gas was incorporated into the Hang Seng Mainland-Hong Kong-Macao (Select Enterprises) 300 Index, which launched on September 21, 2020 to track the performance of the 300 largest listed firms operating in Chinese mainland, Hong Kong and Macau.

On June 2, 2021, at the 2021 China Enterprise Competitiveness Summer Summit hosted by China Business Journal and China Economic Future, China Gas Holdings Limited won the Most Competitive Digital Energy Solution Award in the 2021 New Business Forces — Digital Transformation Pioneer List. In July 2021, at the 10th CFS China Financial Summit held in Shanghai, the Group claimed the 2021 Industry Influential Brand Award by virtue of its robust comprehensive strength and industry influence.

Looking ahead, China Gas will adhere to three core development principles: maintaining industry leadership, adapting to industrial trends, optimizing business mix, and balancing accelerated expansion with refined management. The Group aims to develop an integrated energy service system covering all energy varieties, business segments and network layouts with deep market penetration. It will build a balanced, interconnected and mutually complementary business portfolio spanning urban gas, rural gas, vehicle & marine gas, LPG, propane micro-pipelines, hydrogen energy utilization, heat & power generation, new energy, natural gas trading and value-added services.

China Gas strives to evolve into a world-class integrated energy supplier and urban-rural green operator with far-reaching social and economic influence and widespread public respect. It will realize shared growth and shared destiny with all stakeholders to achieve lasting corporate vitality and sustainable long-term development.