Sichuan Qiaoyuan Gas Co., Ltd.

Sichuan Qiaoyuan Gas Co., Ltd. is a manufacturing company listed on the ChiNext board of the Shenzhen Stock Exchange since 2022. The company specializes in the production and sales of industrial gases and is classified under the "Manufacture of Chemical Raw Materials and Chemical Products" sector. With nearly two decades of experience, Sichuan Qiaoyuan Gas has developed a comprehensive range of high-purity gases and established a robust distribution network to serve various industries. The company's main business lines include the production of high-purity oxygen, nitrogen, argon, medical oxygen, food-grade nitrogen, and other gases, primarily through air separation processes. Sichuan Qiaoyuan Gas operates several production bases in the Sichuan region, including the largest fully liquid air separation gas production line in southwestern China, and additional facilities in Fujian. The company caters to traditional industries such as metallurgy and healthcare, as well as emerging sectors like new energy and biopharmaceuticals. Its commitment to quality control and customer service has helped establish a strong market presence and long-term partnerships with key clients in the region.

The company has adhered to the strategic development concept of "focusing on Sichuan and Chongqing, expanding nationwide, emphasizing both retail and pipeline gases, and deeply exploring the specialty gas market" since its inception. In 2003, the company constructed the first fully liquid air separation gas production line in China at its base in Dujiangyan, which was successfully put into operation. Since 2006, the company has invested in multiple fully liquid air separation gas production lines to expand its production capacity. The commissioning of the Aba Qiaoyuan 30,000Nm³/h air separation production line, in particular, signifies the company's outstanding competitive advantages over regional competitors in terms of production capacity and cost control.At the same time, the company has long served numerous downstream industries and well-known customers in the region. It has a deep understanding and grasp of the personalized needs of local customers and has established long-term and stable business partnerships with many high-quality clients. This has helped the company establish a good brand image and gain a prominent first-mover advantage in the air separation gas retail market in the Sichuan and Chongqing region. The company's main products include high-quality oxygen, high-purity nitrogen, high-purity argon, medical oxygen, food-grade nitrogen, industrial oxygen, and other gases produced through air separation equipment. The company strictly adheres to national standards and has established a comprehensive process-oriented quality control and management system. Every stage of production to delivery undergoes rigorous inspection to ensure compliance with national product quality standards and consistent quality. The company's medical oxygen and industrial gas products have been included in the "Provincial Catalog for Promotion and Application of Excellent Products" by the Sichuan Provincial Economic and Information Commission and the Sichuan Provincial Quality Supervision Bureau. The brand "Qiaoyuan Gas (Oxygen, Nitrogen, Argon)" has also been awarded the title of "Sichuan Famous Brand Product" by the Sichuan Provincial Government. In the Sichuan region, the company possesses the largest fully liquid air separation gas production line in southwestern China. In addition to the existing production bases in Dujiangyan and Wenchuan, the company has constructed three new production bases in Meishan, Jintang, and Deyang(Currently, the Deyang base is under construction.). With the full operation of these three production bases, the company has a strong production capacity for liquid products in Sichuan region. This production capacity will cater to the needs of various industries such as metallurgy, petrochemicals, machinery, healthcare, electronics, new energy, and new materials in the western region.Furthermore, the company's Fuzhou base is equipped with an air separation gas production lines with a capacity of 25,000 Nm³/h and capacity of 40,000 Nm³/h. While meeting the gas demands of Fujian Sangang and Baosteel Desheng through on-site gas production, the surplus liquid gases are sold externally to fulfill the gas requirements of enterprises in Fujian and surrounding regions. The company's advantage in production capacity in the western region centered around Sichuan and Chongqing, as well as in Fujian centered around Fuzhou, effectively enhances the company's gas supply capability in the corresponding regions. It provides strong support for the company's expansion of customers and markets in these areas. The Wenchuan base of the company is located in the Aba Tibetan and Qiang Autonomous Prefecture, Sichuan Province, which is abundant in hydropower resources and has relatively low electricity prices. It enjoys certain cost advantages in terms of power compared to its competitors. Additionally, the company places great importance on cost control in its production and operations. The company has implemented energy-saving technologies such as "recovery of excess gas and residual liquid," "application of vacuum pipelines," and "comprehensive utilization of energy recovery." These initiatives have effectively reduced the specific consumption of products. The company has a professional and efficient transportation team and a robust logistics distribution system, capable of meeting customers' gas supply needs around the clock and in a timely manner. As of the end of this report, the company owns more than 100 dedicated transportation vehicles, the total carrying capacity is nearly 3,000 tons per day. Under normal circumstances, the company can provide uninterrupted service throughout the year, 365 days, and monitor long-distance logistics information in real-time. Through a round-the-clock automated forecasting system, it provides customers with safer and more reliable logistics distribution services. The company can also achieve timely allocation of deliveries for different customers and gas varieties, effectively reducing logistics costs. The company has focused on the industrial gas market in the Southwest and Fujian regions, and over the past two decades of business development, it has accumulated numerous high-quality customers and established long-term, stable, and sustainable partnerships. The company's customers come from various industries, including metallurgy, military industry, healthcare, chemical industry, food, new energy, and new materials. The core customers include listed companies such as Sansteel Minguang (002110), Tongwei Co., Ltd. (600438), Dongfang Electric Corporation (600875), Lier Chemical Co., Ltd. (002258), Sinopec Shanghai Petrochemical Company Limited (600460), CATL (300750), and Huayou Cobalt Co., Ltd. (603799), as well as renowned domestic enterprises such as Pangang Group and Baosteel Desheng. The company has also accumulated abundant customer resources in the military and pharmaceutical fields, contributing to the domestic defense industry and pharmaceutical sector. Additionally, leveraging its professional logistics and strong local market development capabilities, the company has established stable partnerships with numerous small and medium-sized customers. Through long-term and mutually trusting collaborations with diverse and multi-level customers, the company's product brand effect continues to strengthen, effectively ensuring its sustained and stable development. The company's main gas supply modes currently include liquid gas mode, pipeline gas mode, and bottled gas mode. The liquid gas mode and pipeline gas mode can meet the continuous and large-scale gas demand of large customers. The bottled gas mode is suitable for meeting the scattered and diversified gas demand of small and medium-sized gas users. Given the wide distribution of downstream industries in the industrial gas sector, the company can match different gas varieties, purities, and usage volumes according to the specific needs of customers at different stages. It provides one-stop, comprehensive gas supply service solutions, including production, distribution, and services, to ensure the continuous and stable gas supply for customers. Additionally, the company has a professional service team that provides regular tracking, inspection, and routine maintenance services for customers' on-site facilities, effectively meeting their service needs. The flexible and diverse gas supply and service modes significantly enhance customer experience, satisfaction, loyalty, and market reputation.