The company was founded in March 2000 and listed on the main board of the Shanghai Stock Exchange in September 2016. Based on the experience that New Natural Gas has accumulated over many years in managing natural gas distribution in midstream cities and expanding downstream users, and has implemented the acquisition of Asian American Energy's coalbed methane, it will achieve an industry-wide chain business pattern of “having resources, a pipeline network, and customers below” in the future. The company is mainly engaged in the transportation and distribution of urban natural gas, household installation, and exploration and development of coalbed methane and conventional oil and gas. The main products and services are natural gas sales, natural gas household installation, compressed natural gas transportation, coalbed methane extraction and sales, and conventional oil and gas extraction sales. Corporate honors: Midong District Safety Unit, Midong District Contract-abiding and Credit-worthy Enterprise, Advanced Taxpayer Enterprise, Advanced Urban Heating Guarantee Unit, “Gold Quality Continuous Growth Award”, etc.