ENN Energy Holdings Limited
Other OTCCapital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- CEO
- Yuying Zhang
- Full Time Employees
- 33,742
- Sector
- Utilities
- Industry
- Regulated Gas
- Address
- Building A Langfang HB People's Republic of China 065001
- IPO Date
- Jul 1, 2014
- Website
- ennenergy.com
- Similar Companies
- Business
- ENN Energy Holdings Limited engages in the investment, construction, operation and management of gas pipeline infrastructure, as well as the sales and distribution of piped gas, liquefied natural gas (LNG) and other multi-energy products in the People's Republic of China. The company operates through segments including retail gas sales, integrated energy, wholesale of gas, construction and installation, and value-added businesses; it distributes and sells piped gas and LNG to residential, commercial and industrial customers, operates vehicle gas refueling stations, retails gas pipelines and related materials and equipment, sources and sells LNG and compressed natural gas (CNG), wholesales and retails gas equipment and appliances, provides low-carbon integrated solutions and intelligent energy services to commercial and industrial clients, and offers financial services. ENN Energy Holdings serves over 30 million households and more than 250,000 industrial and commercial users through 260 city gas projects across 21 provinces, covering a population of 137 million, and employs over 35,000 people. Founded in 1989 and headquartered in Langfang, Hebei Province, China, with registered offices in the Cayman Islands and principal place of business in Hong Kong, the company was formerly known as XinAo Gas Holdings Limited and changed its name in September 2010. In a major strategic development, ENN Natural Gas Co., Ltd., which holds a 34.28% stake, proposes to acquire the remaining shares of ENN Energy Holdings in a privatization transaction valued at approximately HK$90.50 billion ($11.6 billion) at HK$80 per share, aiming to streamline operations, capture synergies in natural gas imports, storage, transportation and trading, delist the company from the Hong Kong Stock Exchange, and relist under ENN Natural Gas, with the process ongoing as of late 2025 following fulfillment of certain pre-conditions and monthly updates.
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