Towngas China Company Limited Towngas China Company Limited. (Formerly known as Panva Gas Holdings Limited) (Stock Code:1083.HK) is a company specializing in the investment, development and management of city gas utility businesses in China. The company was established in 1998 and listed on the Hong Kong GEM Board in 2001. In Dec 2005, Towngas China migrated to the Main Board of the Hong Kong Stock Exchange. Its main shareholders are The Hong Kong and China Gas Company Limited (Stock Code:0003.HK) and Enerchina Holdings Limited (Stock Code: 622.HK).
Towngas China is principally engaged in sales and distribution of LPG and piped gas, pipeline construction and user connection. The customers range from residential to commercial and industrial users. With increasing domestic environmental issues, the Chinese government has been enhancing environmental protection standards. Towngas China has seized this great opportunity and capitalized on the market demand for clean energy.
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