Sino Energy is implementing a series of strategic transformation measures, aiming to diversify and expand into energy-related businesses. Currently the Group is engaged in developing gas station operations in China as well as casual footwear, apparel and related accessories businesses.
China Huarong Overseas and Huarong Energy are the major shareholders of Sino Energy. With national policies favoring and helping to drive long-term development of natural gas and related energy businesses, the investment made by China Huarong Overseas in Sino Energy enables the latter to accelerate its business transformation. With an extensive business network and abundant resources, China Huarong Overseas is actively assisting Sino Energy in exploring opportunities for expanding its energy-related business and generate better returns for shareholders.
The Group has been actively transforming its business in recent years, exploring investment opportunities with strong potential. It started developing gas station operations in China through acquisitions and the new business has begun to contribute profit.
