Yingde Gases Group Company Limited, arguably the largest domestic independent industrial gas supplier specialising in on-site gas supply in China in terms of total revenue as at year-end 2008, has been successfully listed in the Hong Kong Stock Market.
The company is also the first Chinese local industrial gas company listed on the market, amid a purported clambering of Chinese gas companies keen to enter the market too.
During the year ended 31st December 2008, the Yingde Gases Group boasted 20 production facilities in operation throughout China, while subsidiaries include Hunan Yingde, Zhuhai Yingde, Shaanxi Yingde, Rizhao Yingde, Hebei Yingde, and Laiwu Yingde.
On 3rd September 2009, the company established a wholly-owned subsidiary, Shanxi Yingde Gases Co. Ltd, which also has 12 projects currently under development. Yingde Gas itself is primarily an on-site gas supplier and trades the surplus liquid products to liquid gas distributors on a spot market basis.