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China Gas Enters into Strategic Cooperation Framework Agreement with Sinopec

星期四, 三月 4, 2021 - 12:22pm

HONG KONG, Mar 4, 2021 - (ACN Newswire) - China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading piped-gas operator in China, announced today that it has entered into a strategic cooperation framework agreement ("Agreement") with China Petrochemical Corporation ("Sinopec") on 4 March 2021.

Key Points: 
  • HONG KONG, Mar 4, 2021 - (ACN Newswire) - China Gas Holdings Limited ("China Gas" or the "Group"; stock code: 384), a leading piped-gas operator in China, announced today that it has entered into a strategic cooperation framework agreement ("Agreement") with China Petrochemical Corporation ("Sinopec") on 4 March 2021.
  • Under the Agreement, the Group will commence strategic cooperation with Sinopec in three main areas.
  • The Strategic Cooperation Framework Agreement with Sinopec represents a major market breakthrough for the sustainable and rapid development for the Group.
  • China Gas Holdings Limited ("China Gas", stock code: 384.HK) is a gas services provider in China, principally engaged in the investment, construction and management of city gas pipeline infrastructure, distribution of natural gas and LPG to residential, industrial and commercial users, and through gas stations to the transportation sectors.

China Gas responds to China's rural rejuvenation strategy by introducing unique Smart MicroGrid village gasification technology

星期三, 二月 24, 2021 - 9:49am

It also stressed "the promotion of gas to villages and support for the construction of safe and reliable village gas tank stations and microgrid gas supply system".

Key Points: 
  • It also stressed "the promotion of gas to villages and support for the construction of safe and reliable village gas tank stations and microgrid gas supply system".
  • The gas tank stations and microgrid gas supply system mainly refer to the unique liquefied petroleum gas (LPG) Smart MicroGrid system developed by China Gas Holdings Limited ("China Gas"; stock code: 384).
  • The consumption pattern of the Smart MicroGrid is the same as piped natural gas, but the former boasts lower construction costs.
  • Smart MicroGrid is unique technology developed by China Gas that is aimed at creating a low-carbon livable environment, following the industrial "coal to gas" and village "replacement of coal with gas" projects.