Project introduction of Huayou Natural Gas Guangyuan Co., Ltd.

"Huayou Natural Gas Guangyuan Co., Ltd." is a wholly-owned subsidiary invested and established by "Huayou Natural Gas Co., Ltd." for the "Gasification Guangyuan" project. It was registered and established in Lizhou District, Guangyuan City on November 17, 2009, with a registered capital of 180 million yuan. The "Gasified Guangyuan" natural gas combined processing plant is located in Huilonghe Industrial Park, Lizhou District, Guangyuan City. The project includes the construction of a natural gas combined processing plant with a daily natural gas processing capacity of 1 million cubic meters and an annual natural gas processing capacity of 330 million cubic meters. , covering a total area of ??about 300 acres. After the establishment of the factory, it will be used as a source of industrial gas and civil peak-shaving gas, as well as the conversion of medium and large trucks to replace oil with gas.

The project will also build 20 fixed liquid light hydrocarbon filling stations and 10 mobile liquid light hydrocarbon filling stations, which can meet the gas demand of 7,000 liquid light hydrocarbon vehicles. The company plans to invest in the purchase of 30 liquid light hydrocarbon tank trucks and 100 liquid light hydrocarbon demonstration vehicles in installments, so that 35% of the current freight vehicles in Guangyuan City can use clean energy. Completely realize the goal of "gasifying Guangyuan" to benefit the people.

After the project is fully completed, it can provide employment for 300 people, achieve annual sales revenue of more than 900 million yuan, and generate annual tax revenue of 160 million yuan. The second phase of the project plans to build a natural gas processing plant with a daily processing capacity of 2 million cubic meters and a gas transmission pipeline with a gas transmission capacity of 660 million cubic meters per year. The investment can be increased to 2 billion. It is planned to start construction after the first phase of the project is operational.