Is CNOOC Zhuhai Natural Gas Co., Ltd. a subsidiary of CNOOC Gas Power Group?

It is a joint venture between CNOOC and Zhuhai Port, not a subsidiary. Details are as follows:

CNOOC Zhuhai Natural Gas Co., Ltd. (the company name is subject to the approval and registration of the industrial and commercial department)

Registered place of the company: Zhuhai City

Nature of enterprise: limited liability company.

(1) Mode of contribution:

The registered capital of the project company is 9 million yuan. The amount and proportion of capital contributions subscribed by both parties are as follows:

China Shipping Petroleum Gas and Electricity Group Co., Ltd.: cash is 5.85 million yuan, accounting for 65% of the capital contribution.

Zhuhai Port Co., Ltd.: the capital contribution is 365,438 yuan+500,000 yuan in cash, accounting for 35%.

Off topic, the company's prospects are still very good.