Introduction
Binhai Investment Company Limited is an investment holding company principally engaged in the sales of piped gas. The Company operates its business through four segments. The Piped Gas Sales segment is engaged in the sales of piped gas through the Company’s pipeline networks to industrial and residential users. The Connection Services segment is engaged in the construction of gas pipelines and installation of appliances to connect customers to the Company’s pipeline networks under connection contracts. The On-site Gas Sales segment is engaged in the wholesale of liquefied petroleum gas (LPG) to individual agents directly from the suppliers’ depots. The Bottled Gas Sales segment is engaged in the sales of bottled gas.