China Resources Gas Group (OTCMKTS:CGASY) is one of the leading city gas operators in Mainland China, primarily engaged in the distribution and sale of natural gas. The company develops, constructs and operates city gas infrastructure projects, including pipeline networks, gas gate stations and compression facilities. Through its extensive network, China Resources Gas supplies natural gas to residential, commercial and industrial customers, delivering a reliable energy source to households, factories and public utilities.
In addition to piped natural gas distribution, the company’s product portfolio encompasses liquefied petroleum gas (LPG), compressed natural gas (CNG) and related value-added services. These services include gas metering, engineering, procurement and construction (EPC) works for gas pipelines, as well as the sale, installation and maintenance of gas appliances. China Resources Gas also offers after-sales support, safety inspections and gas system monitoring to ensure operational reliability and customer satisfaction.
Founded in the mid-1990s as a subsidiary of China Resources Holdings, the group was listed on the Hong Kong Stock Exchange in 2005 and trades via Level 1 ADRs in the United States. Over the years, China Resources Gas has expanded its footprint through strategic partnerships and acquisitions, serving more than 270 cities across over 20 provinces and municipalities. This growth has been underpinned by the company’s focus on enhancing infrastructure efficiency, pursuing smart-meter rollout and integrating digital solutions to optimize gas delivery and consumption management.
As a core subsidiary of China Resources, a Fortune Global 500 state-owned enterprise, the group’s governance framework is overseen by an experienced board of directors and led by a seasoned executive management team. The company continues to emphasize environmental stewardship, investing in cleaner fuel technologies and supporting China’s transition to lower-carbon energy. With a commitment to operational excellence, safety and innovation, China Resources Gas aims to strengthen its role in shaping the country’s urban energy landscape and advancing sustainable growth.
AI Generated. May Contain Errors.
Free CGASY Stock Alerts