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ENN Energy
-9.33%
Energy / Gas Utilities
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ENN Energy Holdings Limited is a natural gas company based in China. It was founded in 1922 and is headquartered in Langfang, Hebei Province, China. The company is primarily engaged in the natural gas and energy distribution and retail business, providing services such as city gas distribution, vehicle refueling, and energy management solutions.
ENN Energy has a nationwide presence in China with operations in over 150 cities and provinces. It has a total of 244 operating companies, 59 of which are engaged in city piped gas business, 179 in vehicle refueling business, 5 in gas chemical business, and 1 in distributed energy business.
The company's core business is the distribution of natural gas, which it sources from both domestic and international suppliers. It also provides other energy solutions such as liquefied petroleum gas (LPG), liquefied natural gas (LNG), and coal bed methane (CBM).
In addition to its domestic operations, ENN Energy also holds investments in various energy infrastructure projects in other countries, including the United States, Canada, and Australia.
ENN Energy is listed on both the Hong Kong Stock Exchange (Stock code: 2688) and the Shanghai Stock Exchange (Stock code: 600803). It has been recognized as one of the top 500 Chinese companies and top 500 energy companies worldwide by Fortune magazine.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact and promote the use of clean energy. It has also received numerous awards for its commitment to corporate social responsibility and sustainable development.
ENN Energy has a nationwide presence in China with operations in over 150 cities and provinces. It has a total of 244 operating companies, 59 of which are engaged in city piped gas business, 179 in vehicle refueling business, 5 in gas chemical business, and 1 in distributed energy business.
The company's core business is the distribution of natural gas, which it sources from both domestic and international suppliers. It also provides other energy solutions such as liquefied petroleum gas (LPG), liquefied natural gas (LNG), and coal bed methane (CBM).
In addition to its domestic operations, ENN Energy also holds investments in various energy infrastructure projects in other countries, including the United States, Canada, and Australia.
ENN Energy is listed on both the Hong Kong Stock Exchange (Stock code: 2688) and the Shanghai Stock Exchange (Stock code: 600803). It has been recognized as one of the top 500 Chinese companies and top 500 energy companies worldwide by Fortune magazine.
The company has a strong focus on sustainability and has implemented various initiatives to reduce its environmental impact and promote the use of clean energy. It has also received numerous awards for its commitment to corporate social responsibility and sustainable development.
What is special about the company?
ENN Energy is a leading clean energy provider in China. They are known for their innovative approach towards sustainable development, advanced technology, and commitment to environmental protection. Some key aspects that make ENN Energy special are:
1) Pioneering in clean energy: ENN Energy was one of the first Chinese companies to invest in and promote the use of clean energy sources such as natural gas, solar, and wind power. They are committed to reducing carbon emissions and improving air quality in cities.
2) Advanced technology: The company has invested heavily in research and development to develop advanced technologies for gas supply, storage, and transportation. This has helped them improve efficiency, safety, and reduce operational costs.
3) Comprehensive service offerings: ENN Energy provides a wide range of services including natural gas supply, city gas pipeline construction, and operation, as well as vehicle refueling. This allows them to cater to the needs of various industries and customers.
4) Strong focus on environmental protection: ENN Energy is committed to reducing its carbon footprint and promoting sustainable development. They have implemented various measures such as using clean energy, reducing emissions, and promoting energy conservation among customers.
5) National and international presence: ENN Energy has a strong presence in China and also has investments and projects in other countries such as the UK, France, and Australia. This allows them to diversify their business and expand globally.
6) Award-winning company: ENN Energy has been recognized for its contributions to the development of the natural gas industry and has received numerous awards, including the "National Advanced Collective for Natural Gas Development" and "China's Most Admired Companies" by Fortune China.
1) Pioneering in clean energy: ENN Energy was one of the first Chinese companies to invest in and promote the use of clean energy sources such as natural gas, solar, and wind power. They are committed to reducing carbon emissions and improving air quality in cities.
2) Advanced technology: The company has invested heavily in research and development to develop advanced technologies for gas supply, storage, and transportation. This has helped them improve efficiency, safety, and reduce operational costs.
3) Comprehensive service offerings: ENN Energy provides a wide range of services including natural gas supply, city gas pipeline construction, and operation, as well as vehicle refueling. This allows them to cater to the needs of various industries and customers.
4) Strong focus on environmental protection: ENN Energy is committed to reducing its carbon footprint and promoting sustainable development. They have implemented various measures such as using clean energy, reducing emissions, and promoting energy conservation among customers.
5) National and international presence: ENN Energy has a strong presence in China and also has investments and projects in other countries such as the UK, France, and Australia. This allows them to diversify their business and expand globally.
6) Award-winning company: ENN Energy has been recognized for its contributions to the development of the natural gas industry and has received numerous awards, including the "National Advanced Collective for Natural Gas Development" and "China's Most Admired Companies" by Fortune China.
What the company's business model?
The ENN Energy company is primarily engaged in the production and distribution of clean and sustainable energy sources, such as natural gas and liquefied petroleum gas (LPG). Their business model involves building and operating natural gas pipelines and storage facilities, as well as investing in liquefied natural gas (LNG) terminals.
In addition to their main energy business, ENN Energy also operates in the areas of energy technology research and development, energy conservation, and environmental protection. They have also expanded into the retail market by providing household energy and related services, such as gas appliances and maintenance services.
Their business model is centered around providing reliable and affordable energy solutions while promoting sustainable development and reducing carbon emissions. This is achieved by continuously investing in innovative technologies, expanding their infrastructure network, and providing quality customer service. ENN Energy also has a strong focus on corporate social responsibility, supporting local communities and promoting environmental awareness.
In addition to their main energy business, ENN Energy also operates in the areas of energy technology research and development, energy conservation, and environmental protection. They have also expanded into the retail market by providing household energy and related services, such as gas appliances and maintenance services.
Their business model is centered around providing reliable and affordable energy solutions while promoting sustainable development and reducing carbon emissions. This is achieved by continuously investing in innovative technologies, expanding their infrastructure network, and providing quality customer service. ENN Energy also has a strong focus on corporate social responsibility, supporting local communities and promoting environmental awareness.
Interesting facts about the company
1. ENN Energy Holdings Limited is a Chinese energy company with a focus on natural gas distribution.
2. It was founded in 1992 and is headquartered in Langfang, Hebei Province, China.
3. The company was originally named Hebei Natural Gas Development Co., Ltd., and changed its name to ENN Energy Holdings Limited in 2000.
4. Its main business activities include the construction, operation, and management of natural gas pipeline networks, as well as the sale and distribution of natural gas to residential, industrial, and commercial customers.
5. ENN Energy is the largest privately-owned gas distribution company in China, with operations in over 200 cities in 17 provinces.
6. The company has also expanded into other energy-related businesses, including liquefied natural gas (LNG) storage and trading, electric vehicle charging, and renewable energy projects.
7. ENN Energy collaborates with international energy companies such as Shell and BP to develop and operate natural gas transportation and storage facilities.
8. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Index.
9. In 2019, ENN Energy reported a revenue of 92.7 billion yuan (approximately $13.8 billion USD).
10. The company’s mission is to provide safe, clean, and cost-effective energy to its customers while promoting sustainable development.
See Company Due Diligence:
2. It was founded in 1992 and is headquartered in Langfang, Hebei Province, China.
3. The company was originally named Hebei Natural Gas Development Co., Ltd., and changed its name to ENN Energy Holdings Limited in 2000.
4. Its main business activities include the construction, operation, and management of natural gas pipeline networks, as well as the sale and distribution of natural gas to residential, industrial, and commercial customers.
5. ENN Energy is the largest privately-owned gas distribution company in China, with operations in over 200 cities in 17 provinces.
6. The company has also expanded into other energy-related businesses, including liquefied natural gas (LNG) storage and trading, electric vehicle charging, and renewable energy projects.
7. ENN Energy collaborates with international energy companies such as Shell and BP to develop and operate natural gas transportation and storage facilities.
8. It is listed on the Hong Kong Stock Exchange and is a constituent of the Hang Seng Index.
9. In 2019, ENN Energy reported a revenue of 92.7 billion yuan (approximately $13.8 billion USD).
10. The company’s mission is to provide safe, clean, and cost-effective energy to its customers while promoting sustainable development.
See Company Due Diligence:
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