Shin Hai Gas Corporation (Taiwan, China)

Shin Hai Gas Corp. was initiated to set up in May 1966 by Mr Xu Zhenxu and the other 11 people and officially founded on June 11. The company made public offering in July 1989 and was listed in Taiwan Stock Exchange in 1998. As a natural gas provider in Taiwan, the company supplies natural gas through gas pipes to users within authorized areas. The company is also engaged in the installation of natural gas related facilities, as well as the leasing of long distance cables. The natural gas distributed by the company is used as fuel by families and non industrial customers. During the year 2009, the sale of natural gas and installation of gas equipment contributed approximately 70% and 15% of the company's total revenue, respectively. The company provides its services mainly within Sanchong, Banciao and Sinjhuang in Taipei county, Taiwan.