The company was founded on February 11, 1985. Its business scope includes energy development and utilization; asset management, investment consulting, technology development and consulting services; domestic wholesale and retail trade; high-tech promotion services and high-tech product industrialization investment cooperation business; computer software and hardware production (operation with environmental guarantees) and sales; purchase and sale of household goods, chemical products (excluding chemical dangerous goods and chemicals prone to toxic production), construction materials (other than wood); production, sales and service of electrochemical environmental protection products, networks and software; production, sales and service of electronic products and optoelectronic products. Among the company's main businesses at present, the most important is the comprehensive utilization of natural gas, including gas source development and transportation, long-term pipeline network construction and management, urban gas operation and sales, vehicle gas station investment and operation, LNG point supply, and distributed energy project development and construction. The product categories are mainly pipeline (liquefied) natural gas, liquefied petroleum gas, pipeline gas transportation services, household pipeline engineering installation, and environmental protection engineering survey, design, construction and equipment sales business. Corporate honors: From 2006 to 2009, the group company continuously became the governing unit of the China Petroleum Business Council, the executive director unit of China Petroleum and Petrochemical, the implementing unit of the China Green Environmental Protection Special Fund, the issuing unit of China's gas vehicle R&D patent standards, and the Chinese standard oil research and development unit; in terms of engineering construction, the company received the honor of “National User Trustworthy Enterprise” issued by the Ministry of National Construction.
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