In response to the strong growth in China's demand for natural gas and clean energy, in 2013 Fortune Oil completed the sale of its natural gas business to China Gas Holdings Limited (“CGH”), one of the largest cross-regional integrated gas supply and service providers in China. This enabled Fortune Oil to become one of CGH’s major shareholders (as of the end of September 2023, Fortune Oil, together with connected persons, held 16.45% of CGH). This strategic move has opened a new platform for Fortune Oil to invest in China's natural gas and clean energy market.