PetroChina Jinhong Energy Investment Co., Ltd

PetroChina Jinhong Energy Investment Co., Ltd. is a comprehensive enterprise focusing on natural gas development and application and environmental protection engineering.

The company's business mainly involves two types: one is comprehensive utilization of natural gas, including gas source development and transportation, construction and management of long-distance pipeline network, urban gas operation and sales, investment and operation of vehicle filling station, development and construction of distributed energy projects, etc.; the other is environmental protection engineering service business, mainly relying on the technology of Chinese Academy of Sciences and carrying out relevant cooperation, focusing on air pollution Research and development of environmental protection technology and products, engineering construction, project operation, etc.

The company has 60 gas companies and 3 environmental engineering companies. The total assets are 7.3 billion yuan and the market value is nearly 15 billion yuan.

Gas business is distributed in more than 40 cities and counties in Hebei, Shandong, Hunan, Sichuan, Shanxi, Shaanxi, Inner Mongolia, Heilongjiang and other provinces, providing various kinds of natural gas services for urban economic development and residents' life. By the beginning of 2014, the company had more than 1100 kilometers of long-distance trunk (Branch) lines and more than 4000 kilometers of urban gas supply network.

Environmental engineering business is booming in 16 provinces and cities in China, mainly providing various environmental engineering services and technical solutions for desulfurization, denitrification, flue gas purification and other requirements of many large industrial and mining enterprises in domestic power, petrochemical, steel, glass, cement, smelting and other industries. At present, more than 70 related projects have been completed, with annual emission reduction of 480000 tons of sulfur dioxide and 19000 tons of nitrogen oxides.

At present, Jinhong energy has initially formed a business structure of upstream, middle and downstream integration, and the strategic layout of "regional plate branch trunk line" urban gas market has been quite effective. In the next few years, the company will continue to expand new business areas, increase investment and construction efforts in all aspects, realize the coordinated development of natural gas comprehensive industrial chain, consolidate and develop the existing business, and make itself one of the powerful natural gas energy operators in China through the integration of a variety of resources.

As the development goal of the enterprise, Jinhong energy will mainly focus on clean energy and renewable energy development and utilization business, and environmental protection engineering business. By paying attention to and studying the national policies and market development trends, tracking the achievements of renewable energy technology development, Jinhong energy will timely enter the field of renewable resources utilization (including wind power generation, solar energy utilization, biofuels, etc.), and build Jinhong energy into a comprehensive energy investment enterprise with the development and Application of new, clean and low-carbon energy as the business direction.