（文章来源：证券日报） 证券日报网讯 1月15日，陕天然气在互动平台回答投资者提问时表示，公司秉承"做专长输、做大城 燃、做优上市公司"的发展目标，持续开展燃气市场调研对接，对具备条件的标的将按程序推进收并购 工作，通过与其他优质企业的合作，进一步拓展业务范围和市场影响力。 ...

Core Insights - Tianhao Energy reported a significant decline in revenue and net profit for the first half of 2025, with operating income of 1.372 billion yuan, down 32.15% year-on-year, and a net profit attributable to shareholders of 69.01 million yuan, a decrease of 32.08% [1][2] - The decrease in profit is primarily attributed to a reduction in gas sales volume compared to the previous year, leading to lower gross and operating profits [1] Financial Performance - The total assets of the company amounted to 7.952 billion yuan, with net assets attributable to the listed company at 4.287 billion yuan [1] - The asset-liability ratio stood at 43.25%, a decrease of 3.05 percentage points from the end of the previous year [1] Business Development - The company has successfully launched the Xinxian Dongmen Station project, expanding its operational reach beyond the original Shan'an pipeline coverage in Shanxi and Hebei [1] - The gas supply project in the Chifeng Tongrui Yuanbao Mountain Industrial Park has made significant progress and has entered the trial operation phase, with an expected annual gas consumption of 500 million cubic meters [1] - Sales revenue from membrane products increased by 22.54% year-on-year, reaching 44.21 million yuan, with a corresponding gross profit of 14.81 million yuan, reflecting an increase of over 80% compared to the previous year [1] Market Expansion - Since its transformation, the company has leveraged the Shan'an pipeline to further expand its gas market and pipeline operation business, establishing subsidiaries with gas franchise rights in key regions such as Shanxi, Hebei, Guangdong, and Fujian, thereby increasing market share and business scale [2]