新奥股份港股IPO招股书失效

Company Overview - XinAo Gas Co., Ltd. (referred to as XinAo) is the largest private natural gas enterprise in China, covering the entire natural gas industry chain [2] - The company has over 30 years of operational experience and a substantial customer base, along with rich domestic and international long-term contract resources [2] - XinAo operates the largest private LNG receiving station in China and has developed its own risk control and hedging trading system [2] Market Position - According to Frost & Sullivan, the natural gas industry in China is relatively concentrated [2] - In 2024, the top five city gas companies in China are expected to collectively retail approximately 135.5 billion cubic meters of natural gas, accounting for about 31.7% of the total market share [2] - Among the top five city gas companies, XinAo is the largest private enterprise by retail gas volume in 2024, holding a market share of approximately 6.1% [2]