Towngas Smart Energy Company Limited (OTCMKTS: TGASF) is a Hong Kong–incorporated subsidiary of The Hong Kong and China Gas Company, specializing in the provision of integrated clean energy solutions across the Chinese mainland. Established in 2018 and listed on the Hong Kong Stock Exchange (Stock Code 1083), the company serves as the group’s platform for value-added energy services and infrastructure development, with its American Depositary Receipts trading on the OTC market under the ticker TGASF.
The company’s core offerings include piped natural gas distribution, liquefied natural gas (LNG) sales, combined cooling, heating and power (CCHP) systems, and distributed renewable energy installations. Towngas Smart Energy partners with industrial, commercial, municipal and residential clients to design, build and operate energy facilities that enhance operational efficiency and lower carbon emissions. In addition to engineering, procurement and construction (EPC) services, it provides ongoing operations and maintenance support, as well as digital energy management platforms that leverage IoT and data analytics.
Operating primarily in provinces such as Guangdong, Jiangsu and Shandong, Towngas Smart Energy has secured concession rights and joint-venture arrangements to develop district energy networks, CNG refuelling stations and remote microgrid projects. The company has also begun investing in emerging segments, including hydrogen refuelling infrastructure and waste-to-energy initiatives, reflecting a strategic shift toward low-carbon and decentralized energy solutions. Its geographically diversified project portfolio underscores a commitment to scalable, locally tailored energy services.
Since its spin-off, Towngas Smart Energy has been guided by a management team with extensive experience in energy infrastructure, project financing and public-private partnerships. The board and senior leadership draw on decades of sector expertise, aligning with the parent company’s emphasis on disciplined execution, sustainable growth and technological innovation in the clean energy transition.
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