Tianfu Culture Tourism(SZ:000558)2022-12-08 09:32Group 1: Natural Gas Development Status - The company has actively supported Zhejiang Locke Energy Co., Ltd. after acquiring it, facilitating its growth through professional management and loan guarantees. By the end of the reporting period, Locke Energy had established 3 gas stations and 3 industrial gasification stations, with 4 more under construction, and a fleet of over 10 transport vehicles [2][3]. - The wholly-owned subsidiary, Jiangsu Rhine Energy Co., Ltd., focuses on natural gas trading and has formed trade partnerships with several upstream liquid plants and downstream LNG distributors. The company aims to strengthen support for this subsidiary to develop a stable LNG distribution network [3]. Group 2: Real Estate Project Development - The company's real estate projects are primarily located in Hangzhou, with all projects currently on sale. The company plans to enhance project turnover rates using various sales strategies. Specific data can be referenced in the company's periodic reports [3]. Group 3: Current Natural Gas Business Operations - Locke Energy is engaged in B2B liquefied natural gas (LNG) refueling station construction, natural gas trading, heavy oil boiler gas conversion, and natural gas transportation. Jiangsu Rhine Energy is primarily focused on natural gas trading, with plans to expand its market presence and operational scale in the natural gas sector [3]. - The natural gas business is still in the development phase, requiring a nurturing period. The company is committed to advancing its development progress and increasing investments in the natural gas sector to create better returns for shareholders [3].