l The Group is the
dominant piped natural gas operator in Taicang under the Concession.
l The Group operates in
the fast growing natural gas industry of China which benefits from favourable
government policies and increasing demand.
l The Group has
well-established and strategic relationship with PetroChina, the principal supplier
of natural gas.
l The Group is located in
an area with a substantial industrial and commercial user base to which our
piped natural gas could be sold with a relatively high gross profit margin.
l The Group has stable
operating cash inflow from our sale and transmission of piped natural gas
business with receipt of payment in advance for our sale of piped natural gas.
l The Group has an
experienced and professional management team supported by highly skilled employees.
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