Shareholder Introduction

Zhongyuan Yuzi Investment Holding Group Co., Ltd.

Zhongyuan Yuzi Investment Holding Group Co., Ltd.

Founded in 2011, Zhongyuan Yuzi Investment Holding Group Co., Ltd. is a provincial investment and financing company approved by Henan Provincial Government (HPG) and solely funded by Henan Finance Department to support the construction of new-type urbanization and promote the urban-rural integration in Henan Province. The HPG identified the Group as a provincial special-function enterprise in March 2017.

Adhering to the concept of starting from the overall situation of Henan Province and serving the development of cities and counties, the Group has strengthened cooperation with financial institutions and focused on supporting the construction of new-type urbanization and the cultivation of major industries since its establishment. It has successfully implemented several investment and financing programs in the Province, such as "Tens of Billions Fund-Raising Plan for Urban and Rural Construction", "Double Ten-billion Plan for Urban Village Renovation", "Public Rental Housing Loan and Repayment Plan", "Shantytown Renovation Plan" and "Construction Improvement Program in Hundreds of City", introducing medium- and long-term low-cost funds for the subsidized housing projects and urbanization construction in Henan Province. Since December 2014, the Group has actively expanded financing channels and innovated financing modes. With the approval from the HPG, it has carried out the development and application of aviation base and new energy, application of industrial internet, the introduction of intelligent healthcare and high-end medical instruments, and direct investment in cultural tourism, education and wellness, major industrial and SciTech parks and characteristic towns. The Group strives to be a competent industrial investment platform in the Central Plain area and a characteristic state-owned capital investment and operation company.

By the end of 2020, the Group, with consolidated assets of RMB 323.431 billion, owns a domestic rating of AAA, international rating of A2 (Moody), and international rating of A (Fitch), and is also the only group company with 3 AAA subjects in Henan province.

Henan Tian Lun Investment Holding Group Limited

Henan Tian Lun Investment Holding Group Limited

Founded in 1997, Henan Tian Lun Investment Holding Group Co., Ltd. specializes in three core businesses of real estate, natural gas, and tourism. It owns CTLG Tian Lun Gas Holding Limited (stock code: 1600HK, hereinafter referred to as "Tian Lun Gas"), a company listed on the Hong Kong Main Board, and more than 60 subsidiaries. Tian Lun Gas, listed on the Main Board of the Hong Kong Stock Exchange in 2010, currently has 67 municipal gas projects in 16 provinces, serving more than 2.2 million customers and covering nearly 20 million people. It also has 51 gas stations, an LNG processing plant, 6 long-distance pipelines under construction and operation, with an annual gas sales volume of over 3 billion cubic meters.

The Company has rich experience in gas investment and operation and reliable gas supply. Since its listing, Tian Lun Gas has continued to grow steadily, achieving a CAGR of 34% in revenue and 35% in gas sales volume. Its total assets have grown at a CAGR of 35% and total equity at a CAGR of 24%, making it the fastest-growing company among listed companies above designated size in the industry. For many years in a row, it has been awarded "China's Most Promising Listed Companies" by Forbes and "Best Investment Value Award for Listed Companies" by China Securities "Golden Bauhinia Award".

The rapid development of Tian Lun Gas has attracted extensive attention from its partners. In July 2021, Zhuhai Port Group contributed HK$920 million to become the second-largest shareholder of Tian Lun Gas. Both parties will seize strategic opportunities to cooperate and develop in the field of renewable energy in the context of the Dual Carbon Goals.