Towngas China Explained

Towngas China Company Limited
港华燃气有限公司
Type:Listed company
Foundation:2000
Location City:Hong Kong
Location Country:China
Location:Quarry Bay
Key People:Chairman

Mr. Alfred Chan

Area Served:Mainland China
Industry:Natural gas
Revenue:HKD 7.9 billion
Revenue Year:2014
Parent:Hong Kong and China Gas
S:港华燃气有限公司
T:港華燃氣有限公司
P:Gǎnghuá Ránqì Yǒuxiàn Gōngsī
Order:st

Towngas China Company Limited (HKEX:), formerly Panva Gas Holdings Limited, is a natural gas distribution businesses in mainland China. It principally engaged in the sales and distribution of piped gas including the provision of piped gas, construction of Gas pipelines, the operation of city-gas pipeline networks, the operation of gas fuel automobile refilling station, and the sale of gas household appliance.

In 2006, Hong Kong and China Gas acquired 44% of shares of Panva Gas and became the largest shareholder of Panva Gas.[1] [2] In 2007, the company was renamed, becoming Towngas China Company Limited.[3]

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Notes and References

  1. http://www.towngaschina.com/tgchinadoc/TGChinaWeb/English/News/p061204.pdf Towngas Partners with Panva to Grow Piped Gas Businesses in Mainland China
  2. http://hk.ibtimes.com/articles/20061205/the-hong-kong-and-china-gas-company-limited-panva-gas-holdings-limited.htm Towngas to buy 45 percent stake of Panva
  3. http://www.towngas.com/sustainabilityRpt/eng/overview-supplier.html Business overview of Hong Kong and China Gas