Documents from the Hong Kong Stock Exchange show that ENN Natural Gas (600803.SH) has submitted a listing application. The group last month approved the privatization agreement of ENN ENERGY (02688.HK) and announced plans to list on the Main Board of the Hong Kong Stock Exchange through an introduction. The company stated that by expanding the ENN Natural Gas Group, an A+H listing platform will be formed to broaden financing channels and reduce financing costs.
According to documents submitted by the group, the revenues for 2022, 2023, and 2024 are expected to be 150.02 billion yuan, 141.115 billion yuan, and 134.946 billion yuan respectively, with net profits of 5.843 billion yuan, 7.091 billion yuan, and 4.493 billion yuan respectively.
