Xinjiang Torch Gas Co.,Ltd (China)

Xinjiang Torch Gas Co., Ltd, located in Kashi, was established on April 23, 2003. It was formerly known as Kashi Torch Gas Co., Ltd and completed its transformation into a joint-stock company on September 19, 2014. The company was approved by the China Securities Regulatory Commission and listed on the Shanghai Stock Exchange on January 3, 2018 (stock abbreviation: Xinjiang Torch, stock code: 603080), marking an important strategic step into the capital market. The company has a registered capital of 141.5 million yuan and holds the franchise for urban pipeline natural gas operations and relevant qualifications for natural gas installation services. Its main business includes urban gas supply, operation and management of gas stations, urban heating supply, taxi operation and management, and gas facility installation services. As the largest gas service company in the Kashi region, Kezhou region, and the Third Division of the Xinjiang Production and Construction Corps, the company has an annual gas sales volume of nearly 350 million cubic meters and serves over 300,000 households. It operates two CNG mother stations and more than 40 CNG refueling stations. Over the years, the company has utilized its professional advantages to continuously expand its business scope and increase the coverage of its pipeline network, meeting the demand for clean gas in the Kashi and Kezhou regions and improving the level and quality of service for its customers. In the beginning of the "14th Five-Year Plan" period, Xinjiang Torch will continue to uphold the corporate spirit of "safety, integrity, efficiency, and conservation", dedicated to creating a convenient and better life for its users and creating long-term stable value for its shareholders. With a good reputation, it aims to stand out in the region and become a trusted regional comprehensive energy service operator.