Climate Change Data

Environmental Metrics

ESG Focus Areas

• Not disclosed

Environmental Achievements

• Not disclosed

Social Achievements

• Not disclosed

Governance Achievements

• Not disclosed

Climate Goals & Targets

Environmental Challenges

• Dependence on Jinma Group for crude coking coal gas supply.
• Limited involvement in hydrogen production and operation of hydrogen gas stations.
• Fluctuations in raw material and product prices.
• Concentration of revenue from Henan province and neighboring regions.
• Reliance on a limited number of major customers and suppliers.
• Competition from PRC competitors.
• Risks associated with changes in customer industries.
• Potential difficulties in managing growth and implementing expansion plans.
• Potential for net current liabilities.
• Market risks associated with new product sales.
• Potential changes or termination of favorable government policies and regulations.
• Shortage of reliable transportation capacity and potential increase in transportation costs.
• Risks associated with non-compliance with environmental, chemical manufacturing, and health and safety regulations.
• Potential termination of coal gas concession agreements.
• Risks associated with cooperation with third parties.
• Potential for insufficient utilization of facilities.
• Significant operational and safety risks.
• Counterparty risks in contracts.
• Dependence on future cash flows and additional financing.
• Risks associated with indebtedness and interest rate fluctuations.
• Inventory risk.
• Credit risk for trade receivables and other receivables.
• Fair value change risk for bills receivables.
• Impairment loss risk for goodwill and other intangible assets.
• Fluctuations in share of profit from joint ventures.
• Risks associated with leasehold interests.
• Uncertainty regarding future growth rate, revenue, and profit margin.
• Potential loss of key personnel.
• Labor shortages, increased labor costs, or other factors affecting labor supply.
• Inability to adapt to changing technologies.
• Intellectual property rights infringement risks.
• Potential legal proceedings and commercial or contractual disputes.
• Risks associated with anti-corruption, anti-bribery, anti-money laundering, financial, and economic sanctions laws.
• Risks from natural disasters, epidemics, acts of war, or terrorism.
• Uncertainty in property valuation.
• Restrictions on dividend payments under PRC laws.
• Withholding taxes on dividends and capital gains.

Mitigation Strategies

• Diversifying raw material sources (e.g., using Coke Granule Coal Gas).
• Expanding hydrogen business (constructing hydrogen gas stations).
• Investing in production efficiency and safety, environmental protection, and upgrading production facilities.
• Improving the efficiency and stability of LNG production and reducing production costs.
• Diversifying customer base.
• Implementing strategies to manage growth effectively.
• Securing additional financing.
• Implementing risk management practices.
• Maintaining insurance policies.
• Complying with environmental, chemical manufacturing, and health and safety regulations.
• Renewing or securing new concessions.
• Implementing internal policies and measures to ensure compliance with anti-corruption, anti-bribery, and anti-money laundering laws and regulations.

Supply Chain Management

Supplier Audits: Not disclosed

Responsible Procurement

• Not disclosed

Climate-Related Risks & Opportunities

Physical Risks

• Not disclosed

Transition Risks

• Not disclosed

Opportunities

• Not disclosed

Reporting Standards

Frameworks Used: Null

Certifications: Null

Third-party Assurance: Not disclosed

UN Sustainable Development Goals

• Not disclosed

Not disclosed

Sustainable Products & Innovation

• Not disclosed

Awards & Recognition

• Not disclosed