ANNUAL REPORT
2016
Expanding
NEW HORIZONS
Guided by our management theme
"Expanding New Horizons"
we continue to pursue every innovation to not only revitalise our services, but also to ensure that our diversified businesses will continue to grow.
We are committed to providing our customers with a safe, reliable supply of gas and the caring, competent and efficient service they expect, while working to preserve, protect and improve our environment.
Contents02 Business Overview
Five-Year Financial Summary
Financial Highlights
Chairman's Statement
10 Major Accolade
12 Financial Review
16 Review of Operations
Awards
Risk Factors
36 Board of Directors
40 Report of the Directors
54 Corporate Governance Report
71 Independent Auditor's Report
Consolidated Income Statement
Consolidated Statement of Comprehensive Income
Consolidated Statement of Financial Position
Consolidated Statement of Changes in Equity
Consolidated Statement of Cash Flows
84 Notes to the Consolidated Financial Statements
165 Corporate Information
02
TOWNGAS CHINA COMPANY LIMITED ANNUAL REPORT 2016
Business OverviewNO. OF PROJECTS
105
Piped Gas Projects Anhui Anqing, Bowang, Bozhou-Wuhu Modern Industrial Zone, Chizhou, Huangshan, Huizhou, Maanshan, Tunxi, Wuhu Fanchang, Wuhu Jiangbei, Zhengpugang Xin Qu Modern Industrial Zone Chongqing Qijiang Fujian Changting Guangdong Fengxi, Foshan, Qingyuan, Shaoguan, Yangdong Guangxi Guilin, Zhongwei (Fusui) Guizhou Xingyi Hebei Baoding, Cangxian, Mengcun, Qinhuangdao, Shijiazhuang, Yanshan Heilongjiang Qiqihar Hubei Zhongxiang Hunan Miluo Inner Mongolia Baotou Jiangsu Dafeng, Nanjing Gaochun, Tongshan Jiangxi Changjiu, Fuzhou, Jiujiang, Wuning, Xiushui, Yifeng Jilin Changchun, Gongzhuling, Siping Liaoning Anshan, Beipiao, Benxi, Chaoyang, Dalian Changxingdao, Dalian Economic and Technical Development Zone, Fuxin, Jianping, Kazuo, Lvshun, Shenyang Coastal Economic Zone, Tieling, Wafangdian, Xinqiu, Yingkou Shandong Boxing Economic Development Zone, Chiping, Feicheng, Jimo, Jinan West, Laiyang, Laoshan, Linqu, Longkou, Pingyin, Taian, Weifang, Weihai, Wulian, Yangxin, Zhaoyuan, Zibo, Zibo Lubo Sichuan Cangxi, Chengdu, Dayi, Jiajiang, Jianyang, Lezhi, Mianyang, Mianzhu, Pengshan, Pengxi, Pingchang, Weiyuan, Xindu, Xinjin, Yuechi, Zhongjiang, Ziyang Yunnan Luliang Zhejiang Huzhou, Songyang, Tongxiang, Yuhang Vehicle Gas Refilling StationsQiqihar (Lianfu), Qiqihar (Xingqixiang)
Midstream ProjectsTaian Taigang, Xuancheng-Huangshan
Other ProjectsMaanshan (Piping Prefabrication), Sichuan Distributed Energy Systems, Towngas China Energy Investment
Towngas China Company Ltd. published this content on 18 April 2017 and is solely responsible for the information contained herein.
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