ENN (China) Gas Investment Co., Ltd.

ENN (China) Gas Investment Co., Ltd. is engaged in gas distribution business, and its products include: urban pipeline natural gas (natural gas supplied by gas field, directly supplied to residents and industrial end customers through underground pipe network); LPG (LPG, bottled LPG supplied by the refinery); Vehicle gas (CNG and LPG, i.e. compressed or liquefied natural gas and liquefied petroleum gas for vehicles), including supporting gas stoves, meters, cards and pipe connections.

The company is mainly engaged in the distribution of urban gas business, and has carried out the development of related industries around gas distribution, including engineering construction related to pipeline laying, sales of gas appliances and transportation of materials, which has extended the company's industrial chain. As of the end of 2008, the company has pipeline gas projects in 58 cities in 13 provinces and cities across the country, and is currently one of the largest urban gas distribution operators in China.

Gas cost, project construction cost and material sales are the main sources of the company's operating income and gross profit. From 2006 to 2008, the operating revenue of the Company increased significantly, and more than 80% of the revenue and gross profit came from gas cost, engineering construction cost and material sales.