Corporate Governance

The Company is committed to adhering to high-standard corporate governance practices. The Company's corporate governance principles emphasise an effective Board of Directors, prudent internal and risk controls, high transparency and clear disclosure, and accountability to shareholders.

Board of Directors

The Board plays a key role in ensuring that corporate governance effectively safeguards the interests of the Company and promotes the sustainable development of the business.

The Company's governance structure:

Key responsibilities include: leadership and talent development, corporate strategic decision-making, performance monitoring and planning, governance and risk management, and stakeholders engagement.

A diverse board of directors

The composition of the Board of Directors takes into account the requirements of diversity, experience and skills, with a view to enhancing corporate decision-making with a more holistic and integrated perspective.

Composition and role of the Committee

Director	Position	Other Roles	Audit Committee	Nomination Committee	Remuneration Committee	Risk Management Committee	ESG Committee	Independent Board Committee	Management Committee	Share Award Committee*
Wang Yusuo	Chairman of the Board Aged 61, is a founder and controlling shareholder of the Group. He is also the father of Mr. Wang Zizheng. Titles, Qualifications and Education Doctor of Philosophy in Management, Tianjin University of Finance and Economics. Other Major Offices Chairman of ENN Natural Gas Co., Ltd.^# (stock code: 600803.SH), the controlling shareholder of the Company. Expertise Mr. Wang is a founder of the Group. He has over 30 years of experience in investment and the management of the energy business in the PRC. He has solid knowledge of business management and strategy, and corporate governance, and has a profound understanding and profession insights on the trend, digitalisation and sustainable development of energy industry. Past Experience Mr. Wang is the Chairman of the Board. He is responsible for overseeing the overall strategic planning of the Group, leading the Board and supervising the functioning of the Board, establishing good corporate governance practices and procedures. He previously served as a director of ENC Digital Technology Co., Ltd^# (stock code: 603869.SH), an affiliate of the Company, and as an independent director of DiDi Global Inc.▲. Latest update: March 26, 2025 /media/xsccwax3/wang-yusuo.png	Executive Director	Chairman of the Board
Zhang Yuying	Chief Executive Officer (CEO) Aged 52 Titles, Qualifications and Education Executive Master’s Degree in Business Administration, Renmin University of China Other Major Offices Director and President of ENN Natural Gas Co., Ltd.^# (stock code: 600803.SH), the controlling shareholder of the Company Expertise Mr. Zhang has in-depth involvement in city-gas business for many years, and possesses acute customer understanding and market insights, as well as outstanding strategic thinking and execution capabilities. He has extensive practical experience in digital transformation and integration of industry and intelligence in group companies. Past Experience Prior to joining the Group in 2003, Mr. Zhang worked in Kaifeng Electromechanical Group and Henan Tongli Electrical Appliances Group. After joining the Group, he held various important positions in business planning and strategic performance management of the Group, and has in-depth involvement in city-gas business. He also accumulated rich experience in the creation of smart products and platforms for cyber security and basic IoT facilities (pipeline networks). Mr. Zhang previously served as the executive director and President of the Company from December 2019 to December 2021. In this role, he was responsible for the day-to-day operational management of the Group’s businesses, strategic execution reviews and adjustments, as well as achieving business objectives. Following a job reassignment, he assumed the position of a nonexecutive director of the Company from December 2021 to January 2023. Mr. Zhang is currently mainly responsible for driving and implementing the strategies and plans set by the board of directors, reviewing and correcting the execution of strategies, ensuring the implementation of the intelligent ecosystem operations, and achieving sustainable high-quality development of the business. He previously served as the executive vice president of ENN Group Co., Ltd. and the chairman of ENC Digital Technology Co., Ltd.# (stock code: 603869.SH), the affiliates of the Company, and a non-executive director of Huzhou Gas Co., Ltd.# (stock code: 6661.HK), an associate of the Company. Latest update: March 26, 2025 /media/0gdhfiby/zhang-yuying.png	Executive Director	Chief Executive Officer
Gong Luojian	President Aged 53 Titles, Qualifications and Education Master of Business Administration (MBA) from Nankai University Executive Master of Business Administration (EMBA) from Guanghua School of Management, Peking University Expertise Mr. Gong has accumulated over 16 years of extensive experience in energy enterprise operations and market expansion. In his previous roles, he demonstrated exceptional leadership, strategic vision, and execution capabilities. His innovative thinking, customer orientation, and strategic perspective are of significant importance for the Company’s future development and market competitiveness. Past Experience Prior to joining the Group, Mr. Gong took senior positions at Jiangsu Taizhou Chunlan E-business Co., Ltd and Jiangsu Chunlan Automobile Co., Ltd, where he was responsible for the promotional and marketing affairs. After joining the Group in 2007, he served various managerial positions, including marketing director and general manager of member companies. Due to his outstanding performance, he was subsequently promoted to regional general manager, overseeing business operations in the Yuwan and Jiangsu regions. From January 2024 to February 2025, he served as the Senior Vice President of the Company, continuing to be responsible for the Jiangsu region’s business while also overseeing the overall development and customer service of the Group’s value added business. Mr. Gong is currently mainly responsible for ensuring the implementation and operation of the strategies for the Group's three core businesses, as well as achieving the development goals of the Group. Latest update: March 26, 2025 /media/gexgiedk/asdfasdfasfda.png	Executive Director	President
Wang Dongzhi	Chief Financial Officer (CFO) Aged 56 Titles, Qualifications and Education Bachelor’s Degree in Engineering Management, Beijing Chemical University Bachelor’s Degree in Economics, Hebei University of Economics and Business Master’s Degree in Business Management, Tianjin University EMBA, China Europe International Business School (CEIBS) Chinese Certified Public Accountant Qualification Expertise Mr. Wang has rich experience in energy industry. He has extensive knowledge on business management and strategy, capital market, corporate governance, internal control, risk management and sustainable development. Past Experience Prior to joining the Group in 2000, Mr. Wang was in charge of the finance department in a Sino-foreign joint venture company. He has extensive experience in finance and financial management. After joining the Group, he has been dedicated to continuously driving the implementation of the Company’s compliance initiatives, enhancing the Group’s financial management capabilities, formulating financial policies and strategies, and ensuring the effective execution and oversight of internal control measures. He previously served as the chief financial officer of ENN Natural Gas Co., Ltd.# (stock code: 600803.SH), the controlling shareholder of the Company and independent director of Abterra Ltd.▲. Latest update: March 26, 2025 /media/mwznm21v/wang-dongzhi.png	Executive Director	Chief Financial Officer
Zhang Jin	Executive Director Aged 51 Titles, Qualifications and Education Bachelor’s Degree in Economics, Renmin University of China Master’s Degree in Management, Renmin University of China Other Major Offices Director of ENN Natural Gas Co., Ltd.^# (stock code: 600803.SH), the controlling shareholder of the Company Director of ENC Digital Technology Co., Ltd^# (stock code: 603869.SH), an affiliate of the Company Expertise Mr. Zhang has rich experience in corporate governance, human resources management and sustainable development. She has extensive knowledge on concepts and management methods such as talent retention and motivation, performance remuneration, and capability improvement. Past Experience Prior to joining the Group in 2016, Ms. Zhang served as the chief administrative officer of Shanda Games Limited, the senior vice president of Shanda Network Co., Ltd, the vice president of Human Resources of Shanda Group and the vice president of Human Resources of Lenovo Group. After joining the Group, she is currently mainly responsible for the succession planning of the directors and senior management within the Group, upgrading and establishing the operational rules of the Group, driving the enhancement of critical capabilities, and promoting the construction of intelligent products that inspire talent. Latest update: March 26, 2025 /media/cx1i4u4p/zhang-jin.png	Executive Director
Su Li	Aged 52 Titles, Qualifications and Education Executive Master of Business Administration (EMBA) from Shanghai Jiao Tong University in China Other Major Offices Executive vice president of ENN Natural Gas Co., Ltd.^# (stock code: 600803.SH), the controlling shareholder of the Company Expertise Ms. Su possesses extensive experience in energy enterprise operations and market expansion. With her keen insights into customer needs and exceptional market analysis abilities, she can accurately grasp industry trends and identifies market opportunities. Past Experience Ms. Su joined the Group in 2002 and has served general manager positions at various member companies. Due to her outstanding performance, she was subsequently promoted to regional general manager, actively implementing the Group’s development goals over the years. Ms. Su served as the Senior Vice President of the Company from February 2018 to February 2025, overseeing marketing and sales, industrial park, and business development for the Zhejiang and Shanghai provincial companies. Ms. Su is currently mainly responsible for the efficient coordination and operation of the fullscenario natural gas business, as well as regulating the natural gas business. Ms. Su has previously served as the director of Huzhou Gas Co., Ltd.# (stock code: 6661.HK), and an associate of the Company. Latest update: February 25, 2025 /media/qbift2f4/asdfasdfasd5f4.png	Executive Director
Wang Zizheng	Non-Executive Director Aged 36, he is the son of Mr. Wang Yusuo. Titles, Qualifications and Education Bachelor’s Degree in Urban Planning, Tongji University Other Major Offices Director of ENN Natural Gas Co., Ltd. ^#(stock code: 600803.SH), the controlling shareholder of the Company Expertise Mr. Wang has extensive experience in investment, M&A, risk management and operation management of overseas LNG refueling stations. He also possesses extensive ESG knowledge. Past Experience Prior joining the Group in 2014, he was a founder of a platform software developer. After joining the Group, he served as a non-executive director, and then the Executive Chairman of the Company during 11 May 2018 to 16 March 2020, responsible for assisting the Chairman and Vice Chairman of the Board in overseeing the Group’s overall strategic planning and functioning of the Board. He is currently a non-executive director of the Company. He has served as the chairman of the Company’s ESG Committee since April 2022, responsible for reviewing and monitoring the Company’s ESG policies and practices. Latest update: March 26, 2025 /media/zskd3fzx/wang-zizheng.png	Non-Executive Director
Ma Zhixiang	Independent Non-Executive Director Aged 72 Titles, Qualifications and Education Bachelor’s Degree in Storage and Transportation, School of Mechanics of University of Petroleum (East China) Doctor of Philosophy in Engineering, Southwest Petroleum University PRC Senior Engineer Expertise Mr. Ma has over 40 years of extensive experience in corporate management practices and experience in the petroleum and natural gas industry, and possesses extensive knowledge of business strategy, corporate governance, risk management and human resource management. He has unique point of views on the historical evolution, development pain points and prospects of China’s energy industry. Past Experience Mr. Ma has held senior management positions in China Petroleum Pipeline Bureau and PetroChina Company Limited and has resigned from these positions in March 2012. Latest update: March 26, 2025 /media/kyemfn54/ma-zhixiang.png	Independent Non-Executive Director
Yuen Po Kwong	Independent Non-Executive Director Aged 55 Titles, Qualifications and Education Master’s Degree in Chemistry, Oxford University in England Master’s Degree in Synthetic Organic Chemistry, Cornell University Diploma in Law (with Distinction) and Diploma in Legal Studies, College of Law in Guildford, England Member of the Law Society of Hong Kong Other Major Office A partner of a major law firm and managing partner of its Hong Kong office, specialising in dispute resolution and contentious regulatory compliance. Expertise Mr. Yuen is a lawyer specialising in dispute resolution and contentious regulatory compliance. He has extensive experience in risk management, regulatory and corporate compliance. Past Experience Before studying law in England, Mr. Yuen was a teaching fellow at Cornell University. Prior to joining his present law firm to establish its Hong Kong office in 2012, he was formerly a partner of a renowned British “Magic Circle Firms”, specialising in resolving China related disputes. Latest update: March 26, 2025 /media/lo3ikni5/yuen-po-kwong.png	Independent Non-Executive Director
Law Yee Kwan, Quinn	Independent Non-Executive Director Aged 72 Titles, Qualifications and Education Justice of the Peace (JP) Honorary fellow of Hong Kong University of Science and Technology (“HKUST”) Fellow member of The Hong Kong Institute of Certified Public Accountants (“HKICPA”) Fellow member of the Association of Chartered Certified Accountants in the United Kingdom Member of The Chartered Governance Institute in the United Kingdom Member of The Hong Kong Chartered Governance Institute Public Service Court member of HKUST and a governing board member of HKUST (Guangzhou) Consultant of Hong Kong Institute of Business Accountants Other Major Office Independent non-executive director of BOC Hong Kong (Holdings) Limited^# (stock code:2388.HK) Expertise Mr. Law has extensive experience in accounting and finance, business strategy, corporate governance, internal control and risk management, human resources management and sustainable development. Past Experience Mr. Law began his professional career at an international accounting firm and thereafter had held senior management positions with diverse corporate and operational responsibilities both in the private and public sector. He previously served as a council member cum audit committee chairman and standing committee member of the HKUST, and also as member of a number of committees of HKICPA, including Corporate Governance Committee, Professional Accountants in Business Committee, Professional Conduct Committee and Ethics Committee. He held directorship in several listed companies both in Hong Kong and overseas in the past, including an independent non-executive director of Bank of Tianjin Co Ltd^# (stock code: 1578.HK) and HKBN Limited^# (stock code: 1310.HK) respectively. Latest update: March 26, 2025 /media/liwje1yp/law-yee-kwan-quinn.png	Independent Non-Executive Director
Wong Lai, Sarah	Independent Non-Executive Director Aged 46 Titles, Qualifications and Education Honours Bachelor’s Degree in accounting, London Metropolitan University Fellow member of the Association of Chartered Certified Accountants in the United Kingdom Other Major Offices Managing Director of a financial institution Independent non-executive director of CIMC Enric Holdings Limited^# (stock code: 3899.HK) Expertise Ms. Wong has more than 20 years of extensive experience in banking and financial services sector, including corporate governance, corporate finance, capital markets, acquisitions and mergers, financial management, risk management and sustainable development. Past Experience Ms. Wong has previously served as the deputy head of the Investment Banking Division and head of Coverage and Financial Sponsors of the group of Guotai Junan International Holdings Limited^# (stock code: 1788.HK) in Hong Kong, head of Financial Sponsor team under Global Coverage Department of BOC International, senior vice president of Fixed Income Division of the Greater China Region of DBS Bank Limited, director of Debt Capital Markets Department of BOC International and senior auditor at PricewaterhouseCoopers. Latest update: March 26, 2025 /media/4jwns35d/wong-lai-sarah.png	Independent Non-Executive Director

*The Committee consists of non-director members

#The securities of these companies are currently listed on the Hong Kong Stock Exchange or overseas stock exchange(s)
▲The securities of these companies have currently been delisted from the Hong Kong Stock Exchange or overseas stock exchange(s)

Chairperson

Member

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