Kunlun Energy Company Limited

Kunlun Energy Co., Ltd. is a comprehensive energy company registered in Bermuda (British), listed on the main board of the Hong Kong Stock Exchange, and controlled by China National Petroleum Corporation. The stock code is 00135.HK, and is a component of the Hang Seng Chinese Enterprises Index. Before 2008, Kunlun Energy was mainly engaged in domestic and overseas oil and gas exploration and development business. A strategic transformation began in 2009, with domestic natural gas terminal sales and comprehensive utilization as a new business development direction, focusing on developing the liquefied natural gas (LNG) business and implementing the “gas instead of oil” strategy. In 2015, Kunlun Energy acquired 100% of the shares of CNPC Kunlun Gas Co., Ltd., which is owned by CNPC, and became a financing platform for China's oil and gas business, an investor, and a management platform for the natural gas terminal utilization business. Currently, Kunlun Energy is mainly engaged in urban gas, natural gas pipelines, liquefied natural gas (LNG) and compressed natural gas (CNG) terminals, natural gas power generation and distributed energy, liquefied natural gas (LNG) processing, storage and transportation, liquefied petroleum gas (LPG) sales, etc. The business is distributed in 31 provinces, autonomous regions, and municipalities directly under the Central Government in China. The annual sales scale of natural gas is 20 billion cubic meters. It is one of the largest domestic gas terminal sales enterprises and LPG sales enterprises in China. . Kunlun Energy will adhere to CNPC's corporate purpose of “dedicating energy and creating harmony”, give full play to its business synergy advantages, firmly establish the four concepts of safety and environmental protection, legal compliance, cooperation and sharing, and openness and integration, vigorously implement the five major strategies of market, resources, capital, quality and innovation. Relying on two domestic and foreign resources and two markets, Kunlun Energy is committed to providing safe and stable gas supply and high-quality and efficient customer service for all types of users, creating more excellent value for shareholders, making positive contributions to the promotion of economic and social development, and making every effort to build a leading domestic and world-class gas terminal comprehensive utilization company.