Suchuang Gas Corporation Limited [1430.HK] Stock Forecast

Suchuang Gas Corporation Limited, an investment holding company, engages in the distribution and sale of piped natural gas to industrial, commercial, and residential users in Mainland China and internationally. It also provides natural gas transmission services; operates as a contractor for the construction and installation of gas pipelines; and constructs and operates natural gas filling stations. As of December 31, 2019, the company operated 5 compressed natural gas (CNG) /liquefied natural gas (LNG) refueling stations, including three stations in Guangyuan; 1 station in Taicang; and 1 station in Suzho; and served 595 commercial and industrial customers, and 250,000 residential customers. In addition, it promotes technologies for nitrogen and carbon dioxide; invests in the upstream asset; and offers technical, consulting, transfer, and development services, as well as sells chemicals. Further, the company is involved in the port facilities, contract energy management, project construction, and industrial investment businesses. Suchuang Gas Corporation Limited was founded in 2002 and is headquartered in Suzhou, the People's Republic of China.