Hangyang Group and Kunlun Trust have established a new gas company in Shanghai.

According to the QiChaCha app, Shanghai Hangyang Kunlun Gas Co., Ltd. was recently established with a registered capital of 21 million yuan. Its business scope includes the sales of gas, liquid separation and purification equipment; gas compression machinery sales; sales of on-site hydrogenation and hydrogen storage facilities; and sales of equipment for refining and chemical production. The equity penetration information on QiChaCha shows that the company is jointly held by Hangyang Group and Kunlun Trust Co., Ltd.