HONG KONG--(BUSINESS WIRE)--Beijing Gas Blue Sky Holdings Limited (“the Company” or “Beijing Gas Blue Sky”, together with its subsidiaries, the “Group”, HKSE stock code: 6828) is pleased to announce that the Company has been included as a constituent of Hang Seng Mainland Oil & Gas Index, Hang Seng Global Composite Index, and Hang Seng Composite Index Series (including Hang Seng Composite Index, Hang Seng Composite Industry Index – Energy, Hang Seng Composite SmallCap Index, and Hang Seng Composite MidCap & SmallCap Index) for the first time, with immediate effect.
The Hang Seng Composite Index offers a comprehensive Hong Kong market benchmark that covers about top 95th percentile of the total market capitalisation of companies listed on the Main Board of the Stock Exchange of Hong Kong Limited. Adopting the freefloat-adjusted market capitalisation methodology, the Hang Seng Composite Index can be used as a basis for index funds, mutual funds as well as performance benchmarks.
Mr. Cheng Ming Kit, Co-Chairman and Executive Director of Beijing Gas Blue Sky Holdings Limited, said, “the Company being included in the indexes is a recognition of our performance in market capitalization, trading volume and liquidity, as well as reflection of the Hong Kong capital market’s confidence in the Company. To be included as a constituent of Hang Seng Mainland Oil & Gas Index, and Hang Seng Composite Industry Index – Energy, is solid proof that the Company has become one of the sizeable and recognizable enterprises in our industry. We believe this will foster Beijing Gas Blue Sky’s shareholder diversification, and thus further enhance the circulation of our stock and broaden our shareholder base. The Group will continue to develop and expand in natural gas business, to maximize investors’ return.”
About Beijing Gas Blue Sky Holdings Limited
Beijing Gas Blue Sky Holdings Limited (“Beijing Gas Blue Sky”, HKSE stock code: 6828) is an integrated natural gas provider, distributor and operator, with an emphasis on the midstream and downstream natural gas development. Our natural gas business includes: (i) construction and operation of compressed natural gas (“CNG”) and liquefied natural gas (“LNG”) refueling stations for vehicles; (ii) construction of natural gas pipelines and operation of city gas projects by providing piped gas; (iii) direct supply of LNG to end-users; and (iv) trading and distribution of CNG and LNG.
The Group has adapted to the “One Belt One Road” policy, and focus on operating and investing natural gas business. The Group is actively expanding its business development and distribution, as well as continues to gradually expanding the scale of operations. Currently, the Group has business presence in several provinces in Northeast China, East China, Central South China and Southwest China, including Liaoning Province, Shandong Province, Anhui Province, Zhejiang Province, Hubei Province, Guizhou Province, Sichuan Province and Hainan Province, etc. The Group is committed to its vision: "develop clean energy, enhance customer value, create a beautiful blue sky". In the future, it will continue to actively investing and developing natural gas business, as well as participating in the development of natural gas industry value chain.