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Chairman Daniel Tatjung CHIU of Fortune Oil Limited Attended China Gas FY 2024 Working Conference and Delivered Speech

2024.04.15

On 15 April 2024, China Gas FY 2024 Working Conference was held in Shenzhen, with the theme of "collecting receivable, expanding price premium, reducing cost, strengthening organization, improving quality and seeking development", the conference reviewed and summarized the work in FY 2023 and deployed key work tasks in FY 2024. Mr. LIU Minghui, Chairman of the Board of Directors and President of China Gas Group, and Mr. HUANG Yong, Executive Director and CEO of China Gas Group, led all members of the Board of Directors, management team and all employees to attend the conference both on-site and online. In his opening speech, Chairman LIU pointed out that in the face of the new situation, this year's fiscal year meeting is more pragmatic and detailed, we should unify ideas, establish goals, plan routes, clarify tactics, and work together, with the victory of each battle, to advance the overall victory of the entire China Gas Group.

As a major shareholder of China Gas, Chairman Daniel Tatjung CHIU of Fortune Oil Limited, delivered a speech at the conference, Chairman CHIU highly praised the achievements made by China Gas people in the extremely severe economic situation in FY 2023. Chairman CHIU pointed out: "Under the strong leadership of the Board of Directors and management team, China Gas people have made solid progress in the first year of their new journey by working actively, pursuing change and development in the face of difficulties.” In the previous year, China Gas people have done a lot of work and made outstanding achievements in promoting price adjustment, collecting  " gas replacing coal " receivable, green transformation, winter gas supply guarantee and so on. " Whether facing the flood disaster in the north or the freezing cold wave in the south, and the major challenges of Hangzhou Asian Games, everywhere we can see China Gas people making every effort to ensure gas supply despite difficulties and obstacles. As an important shareholder of China Gas, Fortune Oil is very proud of you! At this important moment today, on behalf of Fortune Oil, I would like to express my highest respect and gratitude to China Gas’s board of directors, management team and all employees, who have with their hard working, demonstrated courage of forging ahead and innovating in an extremely difficult environment.”

Looking forward to FY 2024, Chairman CHIU hopes that China Gas will seize the opportunity of the government’ s policy on reforming and rationalizing natural gas price, expand and strengthen the main business of natural gas, deepen the whole industrial chain focusing on the use of natural gas, actively explore and develop new market, strengthen internal management, continue to promote the efficient operation of management system, improve risk prevention mechanism, strengthen production safety system, and with high-quality development, steadily move towards the goal of green city operators providing users with safe, clean and convenient energy and services. Chairman CHIU wishes China Gas to fulfill its mission and make continuous progress on the road of high-quality development.