Zibo Shengjin Natural Gas Utilization Co., Ltd.

Zibo Shengjin Natural Gas Utilization Co., Ltd. acquired the Gaoqing Branch of Zibo Junchi Gas Co., Ltd. in October 2018. It is located at No. 116 Huanghe Road, Gaoqing County, covering an area of 8,000 square meters. The registered capital is 25 million RMB. The company is primarily engaged in the production and sales of compressed natural gas (CNG) and pipeline transportation services. It includes one CNG filling station (mother station) and one substation. The mother station is currently not in use, while the substation is in normal operation. The company has 24 employees, all of whom possess the necessary qualifications, including those related to safety production management, technical personnel, safety officers, and filling personnel. The annual comprehensive gas transportation volume is approximately 40 million cubic meters.

Zibo Shengjin Natural Gas Utilization Co., Ltd.'s CNG fueling station (referred to as the CNG fueling station or mother station) was constructed and put into operation after receiving approval from the Municipal Public Utilities Management Bureau and the Public Security Fire Department. Construction commenced on September 20, 2007, and it was successfully completed and accepted on November 30, 2007. The station operates in compliance with relevant laws and regulations. The main equipment includes two compressors, two fueling machines, four gas storage wells, one low-pressure buffer tank, one drainage tank, and one recovery tank. There is also a pipeline of approximately 1,732 meters leading to China National Petroleum Corporation (CNPC). Additionally, the station is equipped with one 250KVA container-type transformer.