Chairman Daniel Tatjung CHIU of Fortune Oil Limited Attended China Gas FY 2026 Working Conference and Delivered Speech

Chairman Daniel Tatjung CHIU of Fortune Oil Limited Attended China Gas FY 2026 Working Conference and Delivered Speech

2026.04.23

On 23 April 2026, China Gas Holdings Limited (China Gas) FY 2026 Working Conference was grandly held at Futian Convention and Exhibition Center in Shenzhen, themed "Awakening Amid Changes, Forging Ahead into a New Era", the conference aimed to comprehensively review the work performance of the previous fiscal year, draw up the strategic blueprint for the next five years, build consensus and clarify the direction for the high-quality development of China Gas. More than 2,000 attendees were present on site, with 80,000 employees watching the live conference online simultaneously. Mr. Liu Minghui, Chairman and President of China Gas, emphasized in his speech that FY 2026 marked the starting year of the Company's "life-or-death breakthrough initiative". It was imperative to fully secure the survival of the core gas business, restructure the organization empowered by AI, uphold a struggler-oriented culture, and unite all 80,000 China Gas employees with shared resolve and concerted efforts, sounding the clarion call for the next five years. The conference also featured key ceremonies including the signing and flag-awarding of performance commitment letters, the presentation of FY 2025 Jinpeng Awards, and the signing of collective commitment pledges. These sessions demonstrated the firm resolve and high morale of all China Gas staff to deliver on missions, overcome challenges with solid efforts, forge ahead into a new journey, and strive for full success in FY 2026..

As a major shareholder of China Gas, Chairman Daniel Tatjung CHIU of Fortune Oil Limited delivered a speech at the conference. He spoke highly of China Gas's outstanding achievements in price adjustment and supply guarantee, safe operation, new energy layout and digital construction amid the complex and severe business environment of FY 2025, as well as its important contributions to the development of the national energy sector. He also extended sincere gratitude and high respect to the management team led by Chairman Liu Minghui and Executive President Huang Yong, as well as all employees of China Gas.

Chairman Daniel Tatjung CHIU pointed out that China Gas has firmly focused on its core gas business, advanced the implementation of gas price adjustments and gross margin recovery, and maintained a leading customer scale across the industry. Shouldering the important responsibility of people's livelihood energy supply, China Gas successfully guaranteed heating supply during winter, earning recognition from governments at all levels and end users. Leveraging digital and smart technologies, China Gas has strengthened pipeline network safety management, empowered the transformation and upgrading of traditional businesses through technology, and achieved steady growth in value-added services, laying a solid foundation for the Group's high-quality development. Centering on green development, China Gas has actively expanded into new energy and comprehensive energy sectors. A number of high-quality green projects have realized construction, commissioning and operation within the same year. Large-scale user-side energy storage projects have been put into operation, while comprehensive energy, power sales and other businesses have been advancing in tandem, serving as core drivers of new business growth.

Chairman Daniel Tatjung CHIU emphasized that coexisting with AI is an inevitable strategic path for the future development of the energy industry. As a major shareholder and steadfast strategic supporter of China Gas, Fortune Oil would fully back up the implementation of China Gas's five-year "One Transformed into Three" strategy, to fulfill the grand vision of three-wheel-driven development covering gas business, new retail and comprehensive energy services. He hoped that China Gas team would rekindle its original entrepreneurial aspiration, align closely with the national energy strategy for the 15th Five-Year Plan period, seize opportunities for green transition, consolidate its core business, strictly uphold the safety bottom line, and build itself into a global benchmark in the urban gas sector. He also hoped that China Gas team would further deepen research and application of new energy technologies, develop zero-carbon industrial parks and expand green overseas businesses, and break through industry bottlenecks via new businesses and growth drivers, so as to ensure China Gas's long-term stable development and enduring prosperity. Chairman Daniel Tatjung CHIU wished China Gas continued prosperity and new glories in the energy market of the new era.