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Headquartered in Hong Kong and Zhuhai, China Oil and Gas Group is a company listed on the main board of HKEX (00603.HK) and Single largest shareholder of the A-Shares listed company, Shandong VICOME Co., Ltd.(000407.SZ)
The Group adheres to a strategy centered on urban pipeline natural gas operations, supported by resource development and energy services as two wings, and driven by market expansion and management refinement. To date, it has invested in over 200 urban gas and energy companies across 22 provinces, autonomous regions, and municipalities in China, securing urban gas franchise rights in nearly 100 cities. Its assets include more than 20,000 kilometers of natural gas transmission and distribution pipelines, three liquefied natural gas (LNG) plants, over 70 in-service refueling stations, and a workforce of nearly 8,000 employees.
The Group serves nearly 3 million urban residential users and 30,000 industrial and commercial users, covering a population of over 30 million, with annual natural gas sales and transmission volumes approaching 10 billion cubic meters, generating annual revenues of over 20 billion yuan and total assets of 30 billion yuan. The Group possesses comprehensive engineering design, supervision, and construction qualifications. Its smart equipment brands enjoy widespread acclaim. "Shengbang Plastics" ranks among the top three in China for PE pipeline production and is a participant in drafting national standards for PE pipelines. The "Qizhi" brand offers a complete range of products with an efficient and comprehensive service system. Through its intelligent e-commerce platform, financial leasing, and value-added services, the Group provides superior services to its customers.
The Group is actively advancing its international energy development strategy. Its wholly owned subsidiary, the Canada-based Baccalieu Energy Inc., produces over 3 million barrels of oil and natural gas annually. It currently operates more than 400 high-tech oil and gas wells, with the oil and gas acreage exceeding 1,000 square kilometers and proven and controlled high-quality reserves of 50 million barrels of oil equivalent.
Upholding the core values of "Integrity and Honesty, Customer First, Entrepreneurship and Innovation, Value Orientation, and Teamwork." the Group strives forward with passion, dreams, practicality, and diligence. It remains committed to its corporate mission: "Developing clean energy, creating a better life together."
Yue. Gong. Wang. An. Bei. No.44040202000827