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Chairman’s Statement
The performance of the Group’s gas business in Hong Kong remained steady in 2013. In comparison, the Group’s city-gas businesses in mainland China thrived, continuing to record good profit growth; concurrently emerging environmentally-friendly energy businesses are being developed at a fast pace. The Group’s overall recurrent businesses recorded good results in 2013.
LEE Shau Kee
Chairman
Hong Kong, 19th March 2014
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Towngas’ Businesses in 2013
Towngas is an industry pioneer focused on energy ventures, the utility sector and environmental protection. We specialise in providing piped gas, new energy, water, information technology, telecommunications, engineering services and other related facilities.
Total Projects
174
Towngas Piped City-gas Projects
33
Midstream Projects
7
Water Projects
6
Telecommunication Projects
9
New Energy Projects
25
Other Projects
7
Towngas China Piped City-gas Projects
86
Midstream Project
1
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The Mainland Utility Businesses
Upwards Momentum
119 city-gas projects with gas sales reaching 13.4 billion cubic metres
Sales of Bauhinia appliances reached 650,000 units, an increase of 30 per cent
The first city-gas supplier to invest in an underground gas storage project in mainland China
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The Hong Kong Gas Business
Energising Lives
Won the Innovation and Creativity Grand Award at the 2013 Hong Kong Awards for Industries
Gas sales in the industrial sector grew by 21 per cent
Saved about one million pieces of paper after adopting mobile devices for service inspections
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New Energy And Diversified Businesses
Moving Forward
Cutting-edge technology enables us to use coke oven gas as feedstock for the production of LNG
Our plant in Inner Mongolia paves the way to upgrade methanol into high-value fuel products
G-Tech, which provides PE pipe system solutions, is now fully operational
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Corporate Social Responsibility
Shaping a Sustainable Future
Donated HK$1.5 million to deliver fresh food packs to underprivileged families in Hong Kong
Launched the Gentle Breeze Movement community programme in mainland China
Engaged employees with our Healthy Living Every Day campaign
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