Shenzhen Gas Corporation Ltd. (601139)

Overview

Shenzhen Gas Corporation Ltd. is a prominent provider of urban and natural gas, as well as LPG energy solutions, established in 1982. With its headquarters located in Shenzhen, China, the company has developed a significant presence in the energy sector through its expansive operations. It operates under four main segments: City Gas, Gas Resources, Comprehensive Energy, and Smart Service. Catering to approximately 5.74 million piped natural gas customers, Shenzhen Gas Corporation boasts an extensive network of around 8,000 kilometers of gas pipelines in Shenzhen. Additionally, the company operates 23 natural gas refueling stations, 2 LPG storage and distribution filling stations, and 46 direct sales stores, positioning itself as a key player in the gas energy supply chain in Shenzhen.

Products and Services

• City Gas Services
  

  Shenzhen Gas Corporation provides city gas services, ensuring the reliable supply of natural gas to residential, commercial, and industrial customers. The comprehensive network facilitates a robust distribution system, underpinning the energy needs of a wide-ranging customer base.

• Gas Resources
  

  The company’s involvement in the gas resources segment includes the liquefied petroleum gas wholesale business, leveraging a network of 80,000 cubic meters. This division underscores Shenzhen Gas Corporation's pivotal role in meeting the LPG energy requirements of the market.

• Comprehensive Energy Solutions
  

  Focusing on innovation, the company promotes distributed integrated energy solutions. This includes the development of natural gas thermal power business, which exemplifies its commitment to sustainable energy. Through integrated energy supply, Shenzhen Gas Corporation aids in advancing energy efficiency and reliability.

• Smart Service
  

  The smart service sector of Shenzhen Gas Corporation embodies the incorporation of metering technology, safety technology, and the Internet of Things (IoT) to enhance service delivery. This includes the research and development, and production of gas appliances, ancillary equipment, and gas metering equipment. The adoption of advanced technologies facilitates improved energy management and customer service.

• Retail and Wholesale of Daily Necessities
  

  Beyond energy solutions, Shenzhen Gas Corporation extends its services to the supply of daily necessities for residents. This operation is carried out through its 46 direct sales stores, providing a unique blend of energy and retail services.