On October 18, the opening ceremony for CR (Panzhihua) Gas Co., Ltd. was held in Shanghai, attended by Mr. Zhao Hui (Deputy Secretary of the CPC Committee of Panzhihua City) and Mr. Liu Kangjian (Deputy Mayor of Panzhihua City) representing the city, Mr. Ma Guo’an and Mr. Wang Chuandong representing the Group and Mr. Yu Zisu and Mr. Shang Hongde, General Manager and Chief Accountant of CR (Panzhihua) Gas Co., Ltd, respectively. 

CR (Panzhihua) Gas Co., Ltd. is established in March this year by Panzhihua Steel Corporation and CR Gas by means of joint venture on the basis of No. 1 and No. 2 Gas Plants of the Life Service Branch of Panzhihua Steel Corporation. After six months of development, CR (Panzhihua) Gas Co., Ltd. now has acquired a clientele of 150,000 and an annual supply capacity of about 86 million cubic meters. The establishment of the company will positively improve the urban infrastructure of the city, improve its living environment and promote the healthy development of the gas industry of the city.

During the stay in Panzhihua, Mr. Ma Guo’an and Mr. Wang Chuandong, both Deputy General Manager of the Group, also met Mr. Liu Chengming, Secretary of the CPC Committee, and other leaders of the city and exchanged idea for further in-depth cooperation.