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Beijing Gas Blue Sky Holdings Limited (06828.HK)

Natural Gas




2019 (AR)
2019 (IR)
2018 (AR)


Since 2014, Beijing Gas Blue Sky Holdings Limited (Stock code: 6828) has become an integrated natural gas provider, distributor and operator, with an emphasis on the mid– to downstream side of the natural gas industry value chain and own equity interests in Hainan Haikou LNG receiving terminal. Based in Hong Kong, our natural gas business covers provinces with high growth potential such as Liaoning, Jing-Jin-Ji, Shandong, Jiangsu, Anhui, Zhejiang, Hubei, Sichuan, Guizhou and Hainan.

The Group has dedicated itself to promote the integrated utilization of natural gas. With both piped gas and imported liquefied natural gas (LNG) as gas source, we provide economical, safe and reliable natural gas to our customers. We also aim to significantly ramp up our distribution network to reach a wider potential customer base to further increase and strengthen our market share.

The promotion of green energy and sustainable development are key objectives of China’s future development. With the support of favourable government policies, BG Blue Sky will take full advantages of the “13th Five-Year Plan” and “One Belt One Road” initiatives and leverage the established long-term cooperative partnerships with other large-scale energy enterprises, so as to expand both our customer base and market share along the coastal and inland areas accordingly, as well as to be comprehensively involved in the entire industry value chain. We are endeavoring to grow our business overseas in the near future.

The Group’s business model and growth prospects are affirmed by renown institutional and industry investors. Beijing Gas Group Co. Ltd., a wholly-owned subsidiary of Beijing Enterprises Holdings Limited (Stock code: 392), is currently our single largest shareholder. The industry and financial resources gained from them are great support to our future expansion and cooperation.
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Mr. Cheng Ming Kit - Chief Executive Officer

Mr. Cheng Ming Kit (“Mr. Cheng”) has been appointed as an executive Director and a member of the nomination committee of the Company since 7 May 2014, and is the Co-Chairman of the Board. Mr. Cheng is responsible for the strategic plans and future direction of the Group. He holds a MBA degree from University of North Carolina, Charlotte and a Bachelor degree in Commerce from the University of Alberta, Canada. Mr. Cheng has over 10 years of experience across mergers and acquisitions, capital markets, and corporate finance and has built a specific focus on investment and management in the energy business in Hong Kong, China and overseas. From 1995 to 2003, Mr. Cheng held various positions which were responsible for corporate finance and property development activities in the PRC. From 2003 to 2008, Mr. Cheng was involved in the investment and operations in the gold mining industry in the PRC and had held senior positions in a mining company listed on the Toronto Stock Exchange Venture Board with mining and exploration operations in the PRC. Mr. Cheng was an executive director of New Times Energy Corporation Limited (stock code: 0166) and was an executive director of Grand T G Gold Holdings Limited (stock code: 08299) from November 2008 to June 2009, which shares are listed on the SEHK.

Mr. Zhi Xiaoye - Non-Executive Director and Co-Chairman

Mr. Zhi Xiaoye (“Mr. Zhi”) has been appointed as a non-executive Director and Co-Chairman of the Board since 11 May 2016. Mr. Zhi graduated from Beijing University of Technology with a master degree in Management Science and Engineering, possesses the title of senior engineer, and had worked at Tokyo Gas in Japan as Researcher, at Beijing Gas as transmission branch Manager, at Beijing Dingxin New Technology Company Limited(北京市鼎新新技術有限公司)as Chairman and at Beijing Gas as Executive Deputy General Manager. Mr. Zhi has plenty of experience in pipe gas business and corporate management. He is currently the vice president of Beijing Enterprises Holdings Limited since July 2014 (a company listed on the Stock Exchange under stock code 392). Mr. Zhi also serves as general manager of Beijing Gas Group Co., Ltd.

Mr. Jin Qiang - Executive Director and Executive Senior Vice President

Mr. Jin Qiang (“Mr. Jin”), has been appointed as an executive Director of the Company since 27 September 2019. He is a vice president of the Group since April 2018 and director of certain subsidiaries of the Company. He obtained a Bachelor degree of City Gas Engineering from Beijing Construction Engineering College (now Beijing University of Civil Engineering and Architecture) in 1992 and a Master degree of Electronic and Communication Engineering from Beijing University of Technology in 2001 and is currently a senior engineer.  Mr. Jin has over 25 years of experience in gas construction, operation scheduling and corporate safety. Prior to joining the Group, Mr. Jin was responsible for pipe network business of 北京市煤氣公司 from 1992 to 2000 and has served as the deputy manager of corporate safety department of Beijing Gas Group since 2000. 

Mr. Hung Tao - Executive Director

Mr. Hung Tao (“Mr. Hung”) has been appointed as an executive Director of the Company since 28 October 2013. He is a real estate appraiser of the China Institute of Real Estate Appraisers and Agents. Mr. Hung holds a bachelor degree in Biology Department of Science Faculty from the Chinese University of Hong Kong and a MBA degree of University of Northern Virginia, the United States. He has more than 22 years’ experience involving in due diligence for China state-owned, private enterprises and joint ventures, for the purpose of initial public offerings, mergers and acquisitions, financing and etc. Before joining the Group, Mr. Hung was a senior director and head of China Valuation Department of Savills Valuation and Professional Services Limited from 2005 to 2013.

Mr. Li Guangfeng - Senior Vice President

Mr. Li Guangfeng (“Mr. Li”) is the Senior Vice President of the Group. He holds a Master degree from International Relations in Renmin University of China. Prior to joining the Group, Mr. Li worked at ENN Energy Holdings Limited (a company listed on the Stock Exchange under stock code 2688) for more than 10 years and held various positions in different subsidiaries of ENN group including general manager and vice president.

Mr. Ye Hongjun - Senior Vice President

Mr. Ye Hongjun (“Mr. Ye”) is the Senior Vice President of the Group and is responsible for the LNG business segment and the corporate management manpower and legal departments. He holds a bachelor's degree from Shenyang Ligong University. Prior to joining the Group, Mr. Ye served as the Executive Vice President of Jiangsu Lituo Energy for 5 years, and has worked for ENN Energy Holdings Limited (stock code: 2688) for more than 10 years. He has more than 20 years’ experience in natural gas industry.

Mr. Ko Chi Ho - Company Secretary

Mr. Ko graduated from Warwick Business School with a master of science degree in Economics and Finance. He is a United Kingdom/Hong Kong registered Certified Public Accountant and a fellow member of The Hong Kong Institute of Chartered Secretaries. Mr. Ko has over 20 years’ experience in relevant management positions in China's finance and project management. Prior to joining the Group, Mr. Ko worked for financial positions at Towngas International Co. Ltd. on cross border project acquisitions and financial management for 7 years. Then he worked as director of Greater China and Hong Kong at Labuan IBFC of Malaysian government and participated in drafting the Islamic finance law related to Sukuk issuance in Hong Kong. He had participated in the policies and legal promotion of offshore jurisdiction financial centers and serves as a director of Falcon Management Consultancy Limited.

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Listed Date 12 Jul 2011

Address Room 1411, 14/F,
New World Tower 1,
NO.16-18 Queen’s Road Central, Hong Kong

Telephone 3425 4538

Facsimile 3425 4339

Email irdept@bgbluesky.com

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