Huabei Oilfield's City Gas Business Completes Integration

In accordance with the deployment of Huabei Oilfield Company, on June 25, Huagang Gas Co., Ltd. completed the acquisition and docking of Langfang Tiancheng Natural Gas Company, Beijing Dongfang Gas Company, Hejian Gas Company and Tiancheng Casting Company. Huagang Gas Co., Ltd. has formed a more standardized and complete industrial Chain integrating upstream and downstream services from construction to later-stage services, which has greatly enhanced the market competitiveness.

Through this acquisition, the number of gas users of Chinatown Gas will increase by more than 11,000 and more than 110 industrial and commercial customers. The business will extend its reach to gas appliance sales and service, natural gas transmission and distribution engineering construction and installation, and leasing of gas facilities and equipment. .

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