TRE(SZ:300332)2025-05-23 11:11Group 1: Company Strategy and Development - The company aims to expand its natural gas sales scale and may enter the gas field exploration sector, supported by the Shen'an mainline and its upstream and downstream connections [1] - The company plans to enhance its natural gas pipeline coverage and strengthen comprehensive utilization in the downstream sector [1] - The company is committed to becoming a clean energy service group integrating upstream gas source development, pipeline investment, and downstream supply [1] Group 2: Environmental and Social Responsibility - The company emphasizes environmental protection and social responsibility, planning to increase investments in these areas to enhance profitability and contribute to sustainable development [2] Group 3: Market and Financial Performance - In 2024, the company achieved operating revenue of CNY 384,386.68 million and a net profit attributable to shareholders of CNY 12,481.10 million [6] - The company has conducted two share buybacks totaling 21,510,000 shares, amounting to CNY 129,216,908.57, to enhance market value [6] Group 4: Challenges and Responses - The company is addressing the pressure of traditional gas industry transformation by focusing on clean energy and leveraging national policies supporting the natural gas sector [2] - The company is actively working to diversify its gas supply sources to ensure upstream gas availability [3] - The company acknowledges the impact of market price fluctuations on profit margins and aims to improve pricing strategies [4] Group 5: Future Outlook - The natural gas industry is expected to maintain steady growth, playing a crucial role in China's energy transition towards a low-carbon economy [7] - The company is exploring new business growth points, including expanding into the Shandong market and enhancing pipeline connections [6]