Yingde Gases Group Company Limited (02168.HK)

Yingde Gases Group Company Limited is a large-scale and professional company, dedicating to the national development of industrial gases. The major businesses of the company are on-site gas supply, retailed gas distribution, specialized production of industrial gases like Oxygen, Nitrogen, Argon and some specialty gases. Their customers are mainly from iron and steel, chemical, non-ferrous metals, electronics, energy industries.

Yingde Gases was established in October 2001. After 10 years of development, it has become the largest gas service company in China. Yingde Gases (Stock Code: 02168.HK) was listed on the main board of Hong Kong Stock Exchange on 8th October, 2009.The Company stock became the constituents of the Hang Seng Composite Index(HSCI), the Hang Seng Mainland 100 on 8th March,2010 and that of the Morgan Stanley Capital International (MSCI) China Index in November 2011.

For the time being, the Company invested in the Mainland for nearly 50 Air Separation Units, with the productivity of each Air Separation Unit at 65,000 Nm3/h. The Company owned 100% of the total Air Separation productivity, with Oxygen at 1,200,000 standard normal cubic meters per hour. The total reserve of liquid oxygen, nitrogen and argon all exceed several ten thousand normal cubic meters.

Based on the research information in the SAI Report, the company ranked the first in Chinese mainland for the number, productivity and liquid reserve capacity of their Air Separation equipment. For places the company has reached in the Mainland, there is an air separation or liquid filling point every 200 to 300 kilometer for emergency security.