Ouhua Energy Holdings Limited (“Ouhua Energy” or the “Company”, and together with its subsidiaries, the “Group”) is one of the leading importers of Liquefied Petroleum Gas (“LPG”) in the People's Republic of China (“PRC”) in terms of quantity. Ouhua Energy is strategically based in Chaozhou City, Guangdong Province, the “Ceramics Capital” of the PRC. Production of ceramics relies heavily on LPG. Ouhua Energy captures over 40% of local market share. In addition to importing most of the raw materials, namely butane and propane, from overseas suppliers and processing these into LPG, we also directly purchase LPG from domestic refineries for sale to customers across the PRC, and export to Vietnam, the Philippines and Thailand in Southeast Asia.
Ouhua Energy is equipped with a comprehensive suite of production facilities, including over 100,000 cubic metres of LPG storage facilities, and a current annual LPG production capacity of 900,000 tonnes. These facilities are well located in a prime waterfront area supported by wharves that enable the Group to serve diverse markets beyond a geographical radius of 500 kilometres by land and 300 kilometres across the sea.
As a licensed tier-one LPG distributor, the Group is focusing its efforts on developing the LPG retail chain, including the construction of urban gas pipeline system. Moving towards a green, low-carbon emission economy environment, LPG is a clean energy and can be widely used in commercial vehicles. The Group is also committed to exploring the market in LPG-filling gas station and the production of dimethyl ether(“DME”), to further integrate advanced technology into our operations and extend product chain which utilises the raw materials we retain competitive edge in imports to cultivate solid strength.
The strong emphasis on product quality, safety, embedded technologies and environmental practices has cemented the Group�s distinguished reputation and contributed to a strong customer base. The core values of the business is to seize opportunities which are before us, to earn and main the trust of our clients, establish a high-value market position, innovate thereto achieve sustainable development.
Organisational Structure
Milestones
2000 – 2003 (The Establishment Years)
| |
• |
Originally established as Huafeng Refining in March 2000 in Chaozhou City
|
| |
• |
Construction of its extensive port, processing and storage facilities is completed after nearly 3 years. |
|
2003 – 2005 (The Development Years)
| |
• |
During this period, customer base expands tremendously from just over 60 to more than 200
|
| |
• |
With sales volume almost doubling from approximately 337,000 tonnes to approximately 584,000 tonnes in just three years, the company establishes itself as the third-largest LPG distributor in the PRC.
|
| |
• |
The company reaches near-100% production utilisation in the financial year of 2005. |
|
2006 and beyond (The Expansion Years)
| |
• |
Group restructures itself as Ouhua Energy, in preparation procedures for listing on the Singapore Exchange.
|
| |
• |
Ouhua Energy has expanded its annual production capacity from 750,000 tonnes to 900,000 tonnes in end-September 2006.
|
| |
• |
Ouhua Energy is currently seeking to expand its sales network further, while enhancing its production workflow. |
|
|
|
