Jinhong Holding Group Co., Ltd. (000669)

Overview

Jinhong Holding Group Co., Ltd., initially known as PetroChina Jinhong Energy Investment Co.,Ltd., underwent a rebranding process, adopting its current name in September 2017. With its inception in 1992, the company has firmly established its presence in the energy sector, headquartered in the vibrant city of Beijing, China. Jinhong Holding Group specializes in constructing and managing extensive pipeline networks for natural gas, solidifying its status as a key player in the energy infrastructure arena. The company’s expertise spans across a comprehensive spectrum of services including the development, transportation, and distribution of gas sources, city gas operations, LNG point supply, and the development of energy projects. Further diversification can be seen in its involvement in the construction and sale of related equipment and providing essential household pipeline engineering installation services. This multifaceted approach underscores Jinhong Holding Group's commitment to delivering energy solutions that cater to both industry and household needs.

Products and Services

• Liquefied Natural Gas (LNG) & Petroleum Gas

At the core of Jinhong Holding Group's offerings is its provision of Liquefied Natural Gas and Petroleum Gas. These products are essential for a wide range of applications, from industrial fuel to residential heating, demonstrating the company's role in supplying crucial energy resources.

• City Gas Operation and Sale

Jinhong Holding Group ensures the delivery of natural gas for urban use, facilitating both the social and economic aspects of city living. The company's city gas services are designed to meet the energy demands of urban environments, highlighting its commitment to sustainable urban development.

• Gas Source Development and Transportation

With a strategic focus on the development and transportation of gas sources, Jinhong Holding Group is integral to the energy supply chain. This service underscores the company's expertise in securing and moving natural gas, ensuring a reliable supply for its various projects and end-users.

• Vehicle Gas Stations Investment and Operation

The investment and operation of vehicle gas stations stand out as a significant part of Jinhong Holding Group's portfolio. This initiative supports the growing demand for cleaner fuel alternatives for vehicles, aligning with global sustainability goals.

• LNG Point Supply and Distribution

Supplying and distributing LNG points is another crucial service offered by Jinhong Holding Group. This ensures the availability of LNG for smaller scales or specific points of need, showcasing the company’s ability to cater to diverse market demands.

• Energy Projects Development and Construction

Jinhong Holding Group engages in the development and construction of energy projects, highlighting its capacity for large-scale project management and contribution to the energy sector's infrastructure development.

• Equipment Construction and Sale

The construction and sale of equipment related to the company's core business areas reflect Jinhong Holding Group's vertical integration strategy. This not only enables control over the quality of what is being deployed in their projects but also offers opportunities for commercial engagement with other industry participants.

• Household Pipeline Engineering Installation Services

Completing their suite of services is the provision of household pipeline engineering installation, which addresses the direct needs of residential customers for safe and reliable gas supply systems. This service underlines the company’s commitment to safety and customer satisfaction.