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21 April 2025ENN Natural Gas Signs 15-Year LNG Sale and Purchase Agreement with ADNOC
ENN LNG (Singapore) Pte.Ltd. (“ENN LNG”), a wholly owned subsidiary of ENN Natural Gas Co., Ltd. (“ENNNG”),and ADNOC have signed along-term LNG Sale and Purchase Agreement (“SPA”). Under the SPA, ADNOC willsupply approximately one million tonnes per annum (mtpa) of LNG to ENN NG for aperiod of 15 years. The LNG will primarily be sourced from ADNOC’s Ruwais LNGpr
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02 January 2025ENN Natural Gas Becomes First Chinese Utility Company to Achieve MSCI ESG Rating Upgrade to AAA, After Three Consecutive Years
Recently, MSCI (Morgan Stanley Capital International), a globally renowned index provider, announced its 2024 ESG (Environmental, Social, and Governance) rating for ENN Natural Gas Co., Ltd. (“ENN NG” or the “Company”, stock code 600803.SH). The company was awarded the highest rating of AAA for the outstanding performance in ESG initiatives. ENN NG is the first and only Chinese utility company to achieve the MSCI AAA rating, and one of only 18 Chinese companies to hold this prestigious distinction.
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08 November 2024ENN NG Releases 2024 Semi-Annual Report with Steady Growth and Innovation-Driven Future
August 23 – ENN Natural Gas Co., Ltd. (stock code: 600803.SH) released its semi-annual report for 2024, demonstrating steady growth. During the reporting period, total natural gas sales rose by 5.8% year-over-year, reaching 19.115 billion cubic meters, with total revenue of 67.014 billion CNY. Thanks to outstanding operational performance and a stable financial position, the company maintained strong growth momentum despite a complex global economic environment, achieving innovative breakthroughs and producing positive free cash flow for several consecutive years, supporting a steady increase in dividends. Cash dividends from 2023 to 2025 (before tax) will not be less than 0.91 CNY, 1.03 CNY, and 1.14 CNY per share, respectively. In the first half of the year, the company repurchased 9.3513 million shares, totaling 172 million CNY.
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08 November 2024ENN NG Expands International LNG Shipping Capacity to Ensure Delivery of Long-Term International Supply Contracts
ENN Natural Gas Co., Ltd. (stock code: 600803.SH) recently announced that on July 15, it held the 17th meeting of the 10th Board of Directors, during which it reviewed and approved the “Proposal on Guarantee Provision by a Wholly-Owned Subsidiary for Three Associated Companies.” According to the proposal, the wholly-owned subsidiary, ENN LNG (Singapore) Pte. Ltd. (ENN Singapore), will provide credit enhancement guarantees for three associated companies—Deneb Ocean, Altair Ocean, and Vega Ocean—each with a maximum guarantee of USD 1.82 million. The proposal will be submitted to the general shareholders’ meeting for further review.
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08 November 2024ENN Energy Receives S&P CSA Rating Upgrade, Ranks Among Global Leaders in Gas Utilities
Recently, S&P Global, a leading international rating agency, released the latest scores for its Corporate Sustainability Assessment (CSA), awarding ENN NG an impressive 67 points. This marks a 9-point increase from the previous year and places ENN NG 23 points above the global industry average. ENN NG now ranks among the top Chinese gas companies and within the top 25% of global gas utility companies. The company achieved full marks in 31 subcategories, including climate governance, human resource management, occupational health and safety, corporate governance, business ethics, sustainability disclosure, and market opportunities. This significant improvement highlights ENN NG's dedicated efforts and exceptional achievements in sustainable development management practices.
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08 November 2024Smart Innovation for a Sustainable Energy Future – ENN NG Unveils Upgraded ESG Vision
Recently, ENN Natural Gas Co., Ltd. (referred to as "ENN NG" or "the Company," stock code: 600803.SH) formally released its sustainability vision, “WISE: With Wisdom, We Innovate Sustainable Energy.” Marking the company's 30th anniversary as a publicly listed entity, this ESG vision represents a new starting point for ENN NG’s journey toward sustainable development, reflecting the company’s deep commitment and thoughtful approach to environmental, social, and governance (ESG) responsibilities.