中化新网讯 9月20日，湖南省交通运输厅与湖南省能源局联合印发《湖南省高速公路LNG加气站和加氢 站布局建设方案》（简称《方案》），要求立足"双碳"目标，以交通运输绿色低碳转型为核心，构建布 局合理、功能完善、安全高效的高速公路新能源补给网络，推动交通与能源融合发展。 《方案》提出的重点任务之一是打造全省LNG加气网络。以覆盖全省高速公路网、满足LNG车辆长距 离行驶需求为目标，在国高网主干线、重要省高网及交通节点布局LNG加气站174座（88对服务区/停车 区），实现全省高速路网LNG加气基础服务全覆盖。近、中、长期目标分别是：到2027年底，新建 LNG加气站78座，累计建成LNG加气站102座；到2030年底，新建LNG加气站36座，累计建成LNG加气 站138座；到2035年底，新建加气站36座，全面完成LNG加气站布局建设，全省高速公路累计建成LNG 加气站174座，基本实现国高网每100千米建成一对LNG加气站，省高网每200千米建成一对LNG加气 站。 《方案》提出，要首先选择在车流量大、市场条件好、建站条件成熟的服务区、停车区、原省界收费站 进行布局建设，后期向其他路段服务区扩展。原则上国高网 ...

Group 1 - The company Qinghai Huading Industrial Co., Ltd. has approved the acquisition of 100% equity of Bazhou Luxin Dingsheng Gas Co., Ltd. by its subsidiary Mangya Yuanxin Energy Co., Ltd. for a cash consideration of 43 million RMB [5][6][47] - The total equity value of Bazhou Luxin Dingsheng Gas Co., Ltd. is assessed at 43.014 million RMB as of May 31, 2025, indicating a significant increase in value compared to its book net asset of 9.3088 million RMB, resulting in an appreciation rate of 362.08% [16][18][47] - The acquisition is expected to enhance the company's profitability and provide new growth opportunities in the natural gas industry, leveraging the strategic location of the acquired company [6][47] Group 2 - The company also plans to acquire 51% equity of Ruoqiang Yuanxin Energy Co., Ltd. from Xinjiang Qingyuan Industrial Group Co., Ltd. for a cash payment of approximately 4.221 million RMB [51][54] - The total equity value of Ruoqiang Yuanxin Energy Co., Ltd. is assessed at 8.2766 million RMB as of May 31, 2025, with a book net asset of 7.0503 million RMB, resulting in a growth rate of 17.39% [62] - This acquisition is classified as a related party transaction but does not constitute a major asset restructuring as per regulations [52][54]

Core Viewpoint - *ST Haihua is actively expanding its presence in the natural gas industry through acquisitions, aiming to enhance profitability and future growth potential by leveraging strategic locations and market opportunities [1][2][3]. Group 1: Acquisition Details - The company’s subsidiary, Mangya Yuanxin, plans to acquire 100% of Lixin Ding Sheng for 43 million yuan, focusing on the favorable development prospects of the natural gas industry [1]. - Mangya Yuanxin also intends to acquire 51% of Qiyuan Industrial for 422.11 thousand yuan, similarly based on the promising outlook of the natural gas sector [2]. - Both acquisitions are linked to the same legal representative, indicating a related party transaction [3]. Group 2: Business Operations and Location Advantages - Lixin Ding Sheng operates CNG and LNG refueling services and is strategically located on a major highway in Xinjiang, enhancing its market potential [1]. - Qiyuan Industrial is also involved in CNG and LNG operations, situated in a key area that connects multiple regions, further emphasizing its logistical advantages [3]. - The acquisitions are expected to increase the number of LNG and CNG refueling stations, thereby boosting revenue and profitability for Mangya Yuanxin [3]. Group 3: Financial Performance and Future Outlook - The company anticipates a net loss of approximately 210 thousand yuan for the first half of 2025, although this represents a reduction in losses compared to the previous year [4]. - The decline in profitability is attributed to increased market competition and high costs associated with new product trials in the gear business [4]. - The company plans to enhance its market expansion efforts and optimize costs to improve operational efficiency moving forward [4].

Group 1: Financial Performance - The company achieved its highest profit in nearly a decade in 2024, driven by increased sales margins on refined oil products compared to the previous year [3] - The total operating costs decreased by 11.2% year-on-year in 2024, contributing to improved profitability [3] - The net profit for 2024 reached 99.32 million [8] Group 2: Market Strategy and Customer Management - The market share for gasoline and diesel increased by 0.46 and 0.93 percentage points respectively, due to enhanced customer management and strategic partnerships [3] - The company adopted a flexible procurement strategy to respond to market fluctuations, optimizing sales efficiency [3] Group 3: New Energy Transition - The company is actively promoting clean energy initiatives, including hydrogen and photovoltaic projects, in collaboration with local governments [4] - The company plans to accelerate the construction of charging stations and photovoltaic projects to support its energy transition [4] - The penetration rate of new energy vehicles in Shandong Province reached approximately 47.7% as of Q1 2025, impacting traditional fuel sales [7] Group 4: Corporate Governance and Value Management - The company increased its annual profit distribution ratio to 50% in 2024 as part of its value management strategy [6] - The return on equity (ROE) for 2024 was 9.9894%, reflecting improved profitability and shareholder returns [7] - The company is committed to enhancing its governance mechanisms and integrating ESG principles into its operations [9] Group 5: Future Development Plans - The company aims to establish a comprehensive energy service model, focusing on "oil as the foundation, gas as the key, electricity as the trend, and services as the future" [5] - The strategic plan includes diversifying into new energy sectors and enhancing service capabilities to create new profit growth points [9] - The company is set to implement its "1234" development strategy to achieve high-quality growth and establish itself as a leading modern comprehensive energy service provider [9]