Shenzhen Shengwei Energy Co., Ltd. (referred to as "Shengwei Energy") primarily engages in domestic and international liquefied natural gas (LNG) trading.
The company comprises six departments, namely Human Resources, Legal Affairs, Finance, Business, Procurement, and Sales. As a domestic energy enterprise, Shengwei Energy upholds the principles of benefiting the country and its people, serving the nation, and making contributions to society. In addition to developing its own strengths, the company actively promotes international cooperation. It capitalizes on its existing advantages to establish long-term strategic partnerships with overseas resource providers, sign cooperation memorandums and long-term agreements, and successfully execute plans and initiatives for procuring LNG from abroad.
Shengwei Energy boasts an extensive sales network and a well-established marketing system in the domestic market. Currently, its market coverage spans over 10 provinces, including Guangdong, Guangxi, Fujian, Zhejiang, Jiangsu, Shanghai, Jiangxi, Hunan, Hubei, Henan, Shanxi, Shandong, Hebei, and Beijing. With an average annual market demand exceeding 8 million tons, the company serves prominent state-owned enterprises and listed companies such as Beijing Gas, Shenzhen Energy, Shenzhen Gas, Xin'ao Gas, and China Gas as its downstream customers.
Through close collaboration with major domestic users and strategically capitalizing on market opportunities, Shengwei Energy successfully procures LNG from overseas markets and delivers it to the domestic market through well-established trading methods.
Shengwei Energy maintains close dialogue and collaboration with various LNG receiving terminals, including Tianjin Port, Tianjin Nangang Port, Zhoushan Port, Beihai Port, Yuedong Port, and Shenzhen Diefu. This strategic partnership allows for seamless coordination of domestic port access during designated window periods. The company has developed a well-established system for international energy import trading modes, which facilitates swift and mutually beneficial outcomes in international cooperation.
The term "window period" refers to the exclusive rights granted for the use of state-owned docks and high-pressure gas pipelines. These window periods are essential for procuring natural gas from overseas sources. Securing and effectively allocating window periods is a fundamental prerequisite for procuring LNG from the international market.
Shenzhen Energy Group Co., Ltd. is a wholly state-owned limited liability company that emerged through the restructuring of Shenzhen Energy Corporation. As a first-class large-scale group enterprise, it is under the ownership of the Shenzhen Municipal Government. The group holds a significant position in the power industry, with a total installed capacity of 3.11 million kW, accounting for over 78% of Shenzhen's total installed capacity. Notable power plants under its management include Mawan Power Generation Plant (1.2 million kW), Shajiao B Power Plant (700,000 kW), Moon Bay Power Plant (380,000 kW), Nanshan Thermal Power Plant (530,000 kW), and Tongling Power Plant in Anhui Province (300,000 kW).
The group oversees two power-related publicly listed companies, namely Shenzhen Energy (0027) and Shenzhen Nanshan Power (0037). It has established a strategic framework of comprehensive development with a primary focus on power generation while diversifying into industries such as fuel transportation, environmental engineering, financial securities, warehousing, and trading. The company's total assets amount to 13 billion yuan, with a net asset value of 7.2 billion yuan. It has achieved a cumulative profit of 4.29 billion yuan and contributed over 1.6 billion yuan in tax revenue to the country.
Beijing Gas Group Co., Ltd. (referred to as "Beijing Gas") is a state-owned enterprise with a rich history spanning over 60 years. It operates under the guidance and affiliation of the Beijing State-owned Assets Supervision and Administration Commission and Beijing Holdings Group Co., Ltd. Committed to the development strategy of "Focusing on Beijing, Advancing Both Internally and Externally; Concentrating on Gas, Extending Upstream and Downstream," Beijing Gas aims to achieve comprehensive industry chain development, encompassing upstream resource exploration, midstream pipeline construction, and downstream gas applications.
Distinguished as the sole domestic enterprise with a cumulative natural gas supply exceeding 100 billion cubic meters, an annual gas supply surpassing 10 billion cubic meters, and a daily gas supply exceeding 100 million cubic meters, Beijing Gas holds a prominent position in the industry. It holds the distinction of being the first group-level high-tech enterprise in the national gas industry, having earned the prestigious qualification of a high-tech enterprise for three consecutive terms. As of the end of 2019, Beijing Gas Group had an impressive annual gas supply of 18.07 billion cubic meters. With over 6.51 million customers and a gas pipeline length exceeding 26,300 kilometers, the company's total assets amounted to 75.8 billion yuan.
Contact person: Kou Zhihai
Tel：+86 13088832061
Company Phone：+86-755-23613756
Company Address：Building A204, Building A,B, Yihua complex, No.2 Jinzhong Street, zhulin CommunityXiangmihu Street, Futian District, Shenzhen, China
