China Basic Energy Holdings Limited is a Hong Kong–based investment holding company primarily engaged in the natural gas business. The company operates through two principal business segments: the Manufacturing Segment, which is primarily involved in the manufacture and sale of polyethylene pipelines, including water and gas pipes; and the Energy Segment, which focuses on the transportation and distribution of natural gas. In addition, the company, through its subsidiaries, engages in the sale of composite materials and the provision of administrative services to group companies.
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The Company is an investment holding company. The Company and its subsidiaries are primarily engaged in the People's Republic of China in (i) the sale and distribution of natural gas; (ii) natural gas transportation services; (iii) the sale of products related to thermal energy and biomass gasification; and (iv) property investment.