Towngas, one of the longest-standing Hang Seng Index constituents, receives “55 Years in Hang Seng Index Award”

November 8, 2024 -- The Hong Kong and China Gas Company Limited (Towngas) has been presented with the “55 Years in Hang Seng Index Award” by Hang Seng Indexes Company Limited (HSIL), commemorating over half a century of continuous inclusion as a constituent since the Hang Seng Index’s (HSI) launch.
 
As Hong Kong’s oldest public utility company with more than 160 years of history, Towngas has been rooted in Hong Kong, witnessing the city’s development. Towngas became an HSI constituent on 24 November 1969 with stock code 0003. Thanks to the support of Hong Kong people and investors over the past 55 years, the Company has maintained its position as a constituent, growing together with Hong Kong – an achievement of which it is deeply proud.
 
Mr Peter Wong Wai-yee, Managing Director of Towngas, expressed gratitude for the public’s support and HSIL’s recognition. Mr Wong said, “Over more than a century, Towngas has achieved world-class standards in corporate management and operations, maintaining robust business growth. As times change, we continue to evolve. Innovation and continuous reformation are Towngas’s long-term core values. Transforming from our utility foundations into an integrated clean energy supplier, we have developed diversified operations, providing varied energy solutions including hydrogen, green methanol and sustainable aviation fuel, serving the community wholeheartedly while delivering returns to shareholders.”
 
Looking ahead, Towngas will continue to optimise its operations and comprehensively strengthen its energy supply and business development capabilities, striving to promote Hong Kong’s sustainable development.
 

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Press photos:
Photo 1:

Mr Peter Wong Wai-yee (right), Managing Director of Towngas, receives the “55 Years in Hang Seng Index Award” from Mr Paul Chan Mo-po (left), Financial Secretary of the Hong Kong Special Administrative Region.

Photo 2:

Mr Peter Wong Wai-yee (left), Managing Director of Towngas, and Mr Lawrence Fok Chi-cheong (right), Head of Group Finance & Strategy (Mainland Business) of Towngas / Chief Financial Officer of Towngas Smart Energy, at the Hang Seng Index 55th Anniversary Cocktail Reception.
 
Photo 3:

Towngas develops diversified businesses and has been actively expanding into the green energy market in recent years. The Company produces green methanol in the Inner Mongolia Autonomous Region, which can be supplied to the shipping industry and industrial production, driving business development.
 

For media enquiries, please contact:
The Hong Kong and China Gas Company Limited
Ms Kara Kwong
Senior Corporate Affairs Officer
Tel: 2963 3497 / 6698 3357
Email: [email protected]

Mr Julius Chow
Senior Corporate Affairs Officer
Tel: 2963 3471 / 6969 1360
Email: [email protected] 

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