05-17
Grandall Jinan Office Advised Shandong Energy’s NEEQ Listing
On 28 December 2015, Shandong Taiwei Energy Co., Ltd. (“Shandong Energy”, code: 835567) was successfully listed on NEEQ, and Grandall Jinan Office rendered professional services for it.
Established in October, 2009, Shandong Taiwei Energy Co., Ltd. mainly deals with natural gas selling by its own gas stations. Owning 6 member companies at present, it purchases natural gas from upper line suppliers and then sells to gas-used car owners through its CNG (Compressed Natural Gas) stations. The aforesaid suppliers include Shandong Petro-China Kunlun Gas Co., Ltd., Shandong Sino Gas Co., Ltd., Shandong Zhongyi Gas Co., Ltd., Hengshui Petro-China Kunlun Gas Co., Ltd., Shandong Jinjie Gas Co., Ltd. and Jinan Jinjie Gas Sale Co., Ltd., whose natural gas quality has met the national requirements for car-used CNG with no waste residue or water and enjoyed the advantages of safer, more efficient and cleaner energy compared with traditional coal and oil, thus becoming the key green energy to be developed in national “12th Five-year Plan”.
Grandall Jinan Office has been retained as special counsel of Shandong Energy, with WANG Wenzhong, WANG Laijing and DI Tianshu as key lawyers offering comprehensive and professional services.