Binhai Investment Co., Ltd. (stock code 2886) is an investment company listed on the Hong Kong Stock Exchange. It mainly invests in the construction and operation of urban gas pipeline networks in mainland China, provides connection services, supplies and supplies natural gas, and sells liquefied petroleum gas. We have always been committed to developing the urban gas market in mainland China, and were one of the first foreign-funded enterprises to get involved in urban utilities in China. Over the past ten years, we have insisted on putting China's national policy first to provide clean energy for industrial, commercial users and urban residents. Tianjin Teda Investment Holdings Co., Ltd. holds 50.13% of Binhai Investment's shares through its wholly-owned subsidiary Teda Hong Kong Real Estate Co., Ltd. and is the controlling shareholder. Until now, Binhai Investment and Development has always received support from the Tianjin Municipality and Tianjin Binhai New Area governments, and has extensive social resources. It will continue to receive strong support from the government in the future development process.
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