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 a leading sustainable clean energy group company in China, always adhering to the business philosophy of quality first, customer first, and win-win cooperation, focusing on the energy industry, actively building a complete value chain including oil and gas extraction, liquefied natural gas production and sales, commodity import, export and transit trade, warehousing and transportation, industrial investment, and end customer development; responds to the country's call for environmental protection, energy saving and emission reduction, and promotes the development of the clean energy industry with a responsible attitude. The company mainly operates in the liquefied natural gas business, with Guangzhou Yuanheng Gas Co., Ltd., which is the wholly-owned company. Guangzhou Yuanheng Gas Co., Ltd. was founded in July 2007 with a registered capital of 0.957 billion yuan. With its unique business ideas and advanced management mechanisms, it accurately grasps the market pulse. Through shareholding and controlling upstream natural gas production bases, developing professional energy logistics distribution, developing stable income provincial natural gas branch line networks and high-quality natural gas terminal projects, etc., it has achieved outstanding business performance, and has accumulated rich experience in gas project investment and operation. By the end of 2013, total assets exceeded 1.8 billion yuan, annual revenue exceeded 2 billion yuan, and the trade network spread all over the country, making it the number one corporate 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 many years of experience and cooperative relationships in the oil industry, it conducts international trade in commodities with state-owned petrochemical companies such as CNPC, Sinopec, China Combustion, China Shipbuilding, Trafigura, Mercuria, etc. Looking forward to the future, relying on strong financial support from an internationally integrated capital market and advanced scientific management model and business philosophy in line with the governance of listed companies, the company will vigorously implement plans to extend the upstream and downstream natural gas industry chain, focusing on extracting oil and gas resources and developing high-quality terminal projects, and strive to gain a strong advantage in differentiated competition, and form a new healthy, rapid, and sustainable development situation where trade and industry interact healthily, business operations and capital operations go hand in hand, and strive to create a large-scale clean energy enterprise with shared assets, industrial specialization, modernized management, and internationalized operations The Group has built a first-class excellent brand in China's gas industry.