The Hong Kong and China Gas Company Limited (0003.HK)

5.740 +0.060 (+1.06%) As of 02:33PM HKT. Market open.

The Hong Kong and China Gas Company Limited

363 Java Road
23rd Floor
North Point
Hong Kong
852 2963 2739
https://www.towngas.com

Sector(s): Utilities
Industry: Utilities - Regulated Gas
Full-time employees: 56,444

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Wai Yee Wong A.C.I.S., A.C.S., C.M.A., C.P.A., F.I.G.E.	MD & Executive Director	31.2M	N/A	1951
Mr. Lui-Ming Yeung FCCA, FCPA	CFO & Executive Director	N/A	N/A	1968
Ying-lung Chan	Chief Investment Officer	N/A	N/A	N/A
Ming-wing Lam	Head of Corporate Human Resources, Safety & Environment	N/A	N/A	N/A
Mr. Ngo Siu Hing	Head of Engineering - Hong Kong Utilities	N/A	N/A	N/A
Mr. Wai-ngai Kee	Chief Operating Officer of Mainland Utilities	N/A	N/A	N/A
Mr. Man-kit Fung	Head of Strategy & Innovation and Commercial – Hong Kong Utilities	N/A	N/A	N/A
Dr. Jian-hang Qiu	Chief Operating Officer of Renewable Business	N/A	N/A	1964
Ms. Lai Kin Wong	Company Secretary	N/A	N/A	1967

Amounts are as of 31 December 2022, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in HKD.

Description

The Hong Kong and China Gas Company Limited, together with its subsidiaries, produces, distributes, and markets gas, water supply and energy services in Hong Kong and Mainland China. It is involved in the provision of smart energy, piped city-gas, upstream and midstream projects, water supply and wastewater treatment, urban waste resource utilization, and natural gas filling stations, as well as new energy exploration and utilization activities. The company develops new energy projects that are low in emissions and pollution, which includes clean coal chemical business, liquefaction of methane, etc., as well as supplies town gas. It also provides network connectivity, data center, and ICT services, as well as engineering, procurement, and construction services. In addition, the company offers consultancy and engineering contractor services, including utilities installation, infrastructure construction, and civil and building services engineering for public and private projects; and designs and manufactures gas meters and metering systems. Further, it is involved in water supply, and domestic sewage and industrial wastewater treatment activities. Additionally, the company manufactures polyethylene piping and fittings; as well as engages in the software development, solution implementation, and systems integration activities. The Hong Kong and China Gas Company Limited was founded in 1862 and is headquartered in North Point, Hong Kong.

Corporate governance

The Hong Kong and China Gas Company Limited’s ISS governance QualityScore as of 1 April 2024 is 9. The pillar scores are Audit: 3; Board: 10; Shareholder rights: 7; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.