About TIAN LUN GAS Company

Tianlun Gas Holdings Co., Ltd. is a public utility listed company (stock code: HK 01600) that mainly operates gas from urban pipelines. The Group was founded in 2002 and its main business covers urban gas operation, township gas operation, long-distance pipeline and direct industrial supply business, gas stations, and LNG factory business. The founder, Mr. Zhang Yingcen, is currently the chairman of the board of directors of Tianlun Gas Holdings Co., Ltd., a deputy to the 11th and 12th National People's Congress. He is also the vice chairman of the China Chess Association and the vice president of the Henan Charity Federation. At a time when the energy industry is accelerating its green transformation, Tianlun Gas will continue to implement the corporate vision of “committed to people's livelihood and become a century-old brand”, carry out the mission of “developing clean energy and improving the living environment”, actively adapt to market trends and help China reach its carbon peak and carbon neutrality goals, and further expand and innovate the low-carbon energy business while developing the main urban gas industry with high quality. The goal is to become a first-class green and low-carbon energy supplier and service provider in China. On November 10, 2010, Tianlun Gas Holdings Co., Ltd. was officially listed on the main board of the Hong Kong Stock Exchange under the stock code HK 01600. In May 2015, the International Finance Corporation (IFC), a member of the World Bank Group, and the IFC Global Infrastructure Fund invested 150 million US dollars to invest in Tianlun Gas. Since then, the company has successively won the “2017 Golden Hong Kong Stock Most Valuable Public Utility and Environmental Protection Stock Company”, “2019 Best Infrastructure and Public Services Stock Company” awards, and received an A rating from an ESG rating agency in December 2020. For the first time, it was shortlisted for IR Magazine's Best Small Cap Stock and Best Utility in Greater China, and was included in the Hang Seng Small Cap (Investable) Index. In July 2021, Zhuhai Port Group invested HK$920 million and became the second largest shareholder of Tianlun Gas. In recent years, Tianlun Gas has adhered to the development strategy of “taking root in Henan and going nationwide” to achieve the strategic layout of the “Tianlun Gas” brand in 16 provinces and regions including Henan, Hebei, Jilin, Shandong, Shaanxi, Gansu, Hunan, Fujian, Guangdong, Guangxi, Sichuan, Yunnan, and Qinghai. As of June 2021, Tianlun Gas has 69 urban gas projects across the country, providing gas services to 2.88 million residential users and 34,000 industrial and commercial enterprise users, covering an urban population of more than 10 million people. It has built and operated 8,295 kilometers of medium- and high-pressure gas pipelines, and has more than 50 gas stations already in operation, 1 LNG plant, and 6 long-distance pipelines that have been put into operation and are under construction. In 2020, the total gas sales volume exceeded 1.5 billion cubic meters, and the annual gas transmission volume exceeded 760 million cubic meters. While traditional gas is operating steadily, the company has signed strategic cooperation with many outstanding energy companies such as Zhuhai Port and China Power Investment Henan Electric Power Company to jointly develop the new energy sector, seize strategic opportunities in the context of dual carbon goals, and jointly carry out cooperative development in the field of new energy and low carbon.