Fengxian Gas Successfully listed on NEEQ

Recently, Shanghai Fengxian gas Co., Ltd. was successfully listed on the National Stock Conversion System (NEEQ). The security referred to as "Fengxian Gas", and the security code is "873225".

At 9:30 am on March 19, 2019, Fengxian Gas held a simple but grand listing ceremony in Fengran Building. Secretary of the district party committee Zhuang Mudi, district chief Hua Yuan, deputy district chief Lian Zhenghua, chairman of the Company Yang Guoping,and all commissions, offices and bureaus, main leaders of street towns and state-owned enterprises attended the ceremony.

At the listing ceremony, chairman Yang Guoping delivered a speech to Fengxian Gas on behalf of shareholder Dazhong Gas, and he said that the listing of Fengxian Gas on NEEQ is an important milestone in the development history of the Company. It is a review of the past and a general mobilization of the future. We cherish the opportunity for Fengxian Gas to enter the capital market and hope that Fengxian Gas can tap the potential of the company, make continuous reform and innovation, become an energy industry producer and service provider with gas business as the core business, and create conditions for listing on the main board. 

Subsequently, chairman Yang Guoping and district party secretary Zhuang Mudi, district chief Huayuan, deputy district chief Lian Zhenghua and other relevant leaders sounded the opening bell, to witness this historic moment.

The successful listing of Fengxian Gas marks it officially steps on the fast track of the capital market and becomes the first state-owned stock listed enterprise in Fengxian district, realizing the "zero breakthrough" of Fengxian state capital toward the capital market. At the new starting point, Fengxian gas will set foot in the research and development and manufacturing of new energy, gas equipment, safety facilities and a series of energy products, taking advantage of industrial advantages and promoting industrial upgrading, led by the urban pipeline natural gas business. At the same time, Fengxian gas will strictly comply with the management requirements of the national stock transfer system rules, maintain a high degree of transparency and good corporate governance structure, standardize the operation, in order to continue, stable, efficient and healthy development of enterprise future return society, return customers, return shareholders.

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