China Gas Holdings Ltd ADR Company Profile
China Gas Holdings Limited operates as a gas operator and service provider in the People’s Republic of China. The company invests in, constructs, operates, and maintains city and town gas pipeline infrastructure facilities, gas terminals, storage and transportation facilities, and gas logistics systems; transmits natural gas and liquefied petroleum gas (LPG) to residential, industrial, and commercial customers; constructs and operates compressed natural gas/liquefied natural gas refilling stations; and develops and applies technologies related to natural gas and LPG. It is also involved in the investment in petrochemical facilities of storage and transportation, and fundamental facilities of pier; producing and storing LPG and chemical products, as well as propane and butane; CBM business; exploration and production of coal bed methane; and gas station administration, management, and consultancy services. In addition, the company offers treasury, management, consultancy, goods transportation and agency, technical advisory, and procurement services; and smart home products and gas insurance broker services, as well as wall-mounted gas heaters and kitchen appliances under the Gasbo brand. Further, it is involved in the development and investment in clean energy; wholesale of natural gas and liquefied natural gas; sale of electricity; and sale of gas meters, pressure regulators, corrugated pipes, gas alarms, and bottled water. Additionally, the company engages in the research, development, wholesale, retail, and maintenance of household equipment, electric appliances, and kitchen appliances. As of March 31, 2021, it served 17,046 industrial and 266,464 commercial customers; 35,105,524 residential customers; and operates 557 CNG/LNG refilling stations for vehicles and vessels. China Gas Holdings Limited has a strategic agreement with Beijing Baidu Netcom Science and Technology Co., Ltd. The company was incorporated in 1995 and is headquartered in Wan Chai, Hong Kong.