Delong Composite Energy Group Co., Ltd. (000593)

Overview

Delong Composite Energy Group Co., Ltd., formerly known as Sichuan Datong Gas Development Co.,Ltd., is a China-based company that specializes in the supply and distribution of natural gas through pipelines to a diverse clientele that includes urban residents, commercial users, and industrial users. With its foundation laid in 1987 and headquartered in Chengdu, China, the company has rebranded itself in February 2022 to better reflect its broadening scope in the energy sector. Delong Composite Energy Group Co., Ltd. has expanded its operations beyond gas distribution to include a variety of services in the energy and related sectors, operating under a comprehensive energy service model. This multifaceted approach allows the company to meet the growing and evolving energy needs of its customers in an efficient and environmentally friendly manner.

Products and Services

• Natural Gas Transportation and Distribution:

  Delong Composite Energy Group Co., Ltd. engages in the transportation and distribution of natural gas through pipelines, catering to urban residents, commercial, and industrial users. This core service forms the backbone of the company's operations, ensuring a steady supply of energy to various sectors of the economy.

• Gas Pipeline Network Construction and Management:

  The company specializes in the construction and management of various gas pipeline networks. This includes planning, building, and maintaining the infrastructure necessary for the safe and efficient transport of natural gas to consumers.

• City Gas Operation and Sales:

  Delong operates city gas networks, providing a reliable supply of gas to urban areas. This service includes the sale of gas to residential, commercial, and industrial customers, ensuring that the needs of urban populations are met.

• Investment and Operation of Vehicle Refueling Stations:

  The company invests in and operates vehicle refueling stations, offering compressed natural gas (CNG) and liquefied natural gas (LNG) to power vehicles. This service supports the adoption of cleaner energy sources for transportation.

• CNG/LNG Supply:

  Delong provides supply services for compressed natural gas (CNG) and liquefied natural gas (LNG), catering to various needs such as industrial use, vehicle fuel, and other applications requiring clean energy solutions.

• Comprehensive Energy Utilization Projects:

  The company is involved in the development and construction of comprehensive energy utilization projects. These projects aim to optimize the use of energy resources and promote sustainable energy practices across different sectors.

• Hotel Operations:

  Beyond its core energy services, Delong Composite Energy Group Co., Ltd. also operates hotels, indicating a diversification of its business operations into the hospitality sector.

• Additional Services:

  Delong offers various additional services including engineering management, property leasing, property management, and energy utilization project energy-saving services. These services complement the company’s primary focus on energy and enhance its offerings to clients across different industries.