China Resources Gas Group Limited, an investment holding company, engages in the sale of liquefied gas and connection of gas pipelines in the People's Republic of China and Hong Kong. It operates through Sale and Distribution of Gas Fuel and Related Products, Gas Connection, Sale of Gas Appliances, Design and Construction Services, and Gas Stations segments. The company sells natural gas and liquefied petroleum gas for residential, commercial, and industrial use; and constructs gas pipelines networks under gas connection contracts. It also sells gas appliances and related products; and gas fuel in natural gas filling stations, as well as provides design, construction, consultancy, and management services for gas connection projects. In addition, the company sells natural gas pressure control equipment. As of December 31, 2017, it operated 238 city gas projects in 22 provinces of in the People's Republic of China. The company is headquartered in Wanchai, Hong Kong, and is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Resources Gas Group Limited is a subsidiary of CRH (Gas) Limited. Lloyds forecast: will Lloyds share price return to £1? Third party data forecastWhat’s next for Lloyds amid higher inflation and the start of a potential recessionary cycle in the UK?
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