HONG KONG – (ACN Newswire) – Changfeng Energy Inc. (“Changfeng” or the “Company”, together with its subsidiaries, the “Group”), a company listed on the Canadian Exchange (TSXV: CFY), announced that it has completed construction of the 2.0 kilometer (1.4 miles) pipeline connecting the existing provincial natural gas trunk lines to the Gaoyao Combined Heat, Power and Cold Natural Gas Power Plant (“Datang Gaoyao Plant”) owned by Guangdong Datang International Zhaoqing Heat & Power Co., Ltd. (“Guangdong Datang”). Guangdong Datang began trial operation of the pipeline on 14 November 2018.
Changfeng is currently in negotiations with Guangdong Datang and Guangdong Grid on a definitive agreement to provide gas transmission service to the Datang Gaoyao Plant and expects to execute the definitive agreement in the near term.
About Changfeng Energy Inc. (Toronto listed symbol: TSXV:CFY)
Changfeng Energy Inc. is a leading integrated smart energy provider and natural gas distribution company (or natural gas utility) in China. Changfeng has been listed on the Toronto stock exchange of Canada (“TSXV”) since 2008, and is the only natural gas company in China listed on the TSXV. In 2009, Changfeng was recognized as one of China’s Top Ten Most Influential Brands in the natural gas industry. For details of Changfeng, please visit: www.changfengenergy.com.
About Guangdong Datang International Zhaoqing Heat & Power Co., Ltd.
Guangdong Datang International Zhaoqing Heat & Power Co., Ltd. is a subsidiary of Datang International Power Generation Co., Ltd. (“Datang International”). Together with its subsidiaries, Datang International engages in power generation and power plant development in the PRC. It operates through power generation, coal, and other segments. Datang International generates electricity through various sources, such as coal-fired, thermal, hydro, wind, nuclear, solar, and natural gas. As of December 31, 2017, Datang International managed an installed capacity of approximately 48,031.175 MW. Datang International also engages in heat supply; the import of power related fuel; coal mining and trading; silicon and aluminium smelting; the production and sale of alumina; cargo shipping; the sale of coal ash and integrated application of solid wastes; the repair and testing of power equipment; and the provision of power related technical services. Datang International was formerly known as Beijing Datang Power Generation Co., Ltd. The company was founded in 1994 and is headquartered in Beijing, PRC.