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Public company info - Tianjin Jinran Public Utilities Co. Ltd. - H Shares , 01265.HK

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Tianjin Jinran Public Utilities Co. Ltd. - H Shares, 01265.HK - Company Profile
Chairman Zhao Wei
Share Issued (share) 500,000,000
Par Currency Renminbi
Par Value 0.1
Industry Gas Supply
Corporate Profile Business Summary: The principal activities of the Group are the sale and distribution of piped gas, the lease of pipelines, the operation and management of gas pipeline infrastructure, the sale and installation of gas appliances, investment, operation of urban gas (subject to obtaining a valid qualification certificate), import and export according to state regulations for enterprises, pipeline project, investment consultation and mining investment,the lease of selfowned buildings and the lease of facilities of gas stations. Performance for the year: The Group’s revenue for the continuing operations slightly decreased by 1.0% to HK$775.8 million (2018: HK$783.4 million). profit attributable to owners of the Company for 2019 increased by 6.8% to HK$10.0 million (2018: HK$9.4 million). Business Review: In the year of 2019, in order to maintain the sustainable development of the Group, the Board and the management have committed to, on one hand, developing new markets, and as the consumption of original users decreases, explore new gas users and, on the other hand, enhancing internal control and cost management, as well as taking the initiative to optimise management in business development, daily operations and compliance matters. Prospects: Looking ahead, based on the analysis in respect of external environment and inner abilities as well as resources, the Company is positioned as a clean energy integrated solution provider, aiming to maximise returns for its shareholders. The Company plans to expand in the following areas: on the premise of ensuring the strategic direction and business needs, lay emphasis on five principles, which are strategic orientation, economical efficiency, financing matching, risk prevention and order of priority, to achieve continuing growth of net cash flows; continue to improve the financial management system, with a view to reducing operating costs, and maximise the benefits from project operations; continue to strengthen the support of scientific and technological innovation to the businesses of the Company, enhance the introduction and development of advanced technologies, as well as apply such advanced technologies to the production management and the internal management; continue to improve the operation management system and mechanism, with emphasis on operation security, optimise management methods and means and promote the pre-control safety management, so as to ensure safe operation; and continue to strengthen the talent team construction, drive management change with strategic change, expand existing businesses with incremental business and inspire employees with entrepreneurial teams, so as to contribute a chain reaction to the corporation.

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