Ge Long Hui·2025-07-02 09:00Group 1 - Hong Kong and China Gas Company Limited (the Company) announced the establishment of a joint venture, VENEX Holding Company Limited, with Fuan Energy Group, each holding 50% [1] - The Company has injected its green methanol plant, Inner Mongolia Yigao Coal Chemical Technology Co., Ltd., into VENEX to expand green methanol production and promote energy transition [1] - The Company has extensive experience in green methanol investment and operations, having obtained EU ISCC EU and ISCC PLUS international certifications for three consecutive years since 2022, making it the first in the country to achieve these certifications at scale [1][6] Group 2 - The joint venture aims to establish investment platforms for green methanol production bases across various regions, including Inner Mongolia, the Guangdong-Hong Kong-Macao Greater Bay Area, and Hainan, targeting an annual production capacity of 1 million tons [1] - The Company is actively expanding its cooperation in the global shipping industry, having signed a memorandum of understanding with the Transport and Logistics Bureau to support Hong Kong's development as a green marine fuel refueling and trading center [2] - The Company has also signed agreements with multiple local and overseas shipping, trading, and refueling partners to bolster the green marine fuel trade market in Hong Kong, reinforcing its position as an international shipping hub [2]