From September 16-17, the "2025 China Capital Market Development Forum and Listed Company Forum" was successfully held in Shanghai. With the theme "Insight into Value, Innovation for the Future," the forum brought together regulatory authorities, experts, scholars, and renowned corporate representatives to jointly explore new pathways for capital market reform.
In the prestigious Yinghua Award case selection released at the forum, TIAN LUN GAS (1600.HK) won the "Yinghua Hong Kong Stock Growth Case Demonstration Award" for its outstanding growth potential and market performance. The judging panel noted that the company's continuous innovation in urban and rural gas clean energy sectors, solid financial performance, and ESG system development provide a growth paradigm for high-growth enterprises in the Hong Kong stock market.
Since 2025, TIAN LUN GAS (1600.HK) has delivered impressive stock performance. Year-to-date, the stock has gained 27.14% cumulatively, with a trend-driven rally from April lows resulting in doubled returns. As of September 15, the closing price stood at HK$4.67, leading the Hong Kong gas sector with strong performance.
According to reports, the company's first-half revenue grew 10.6% year-on-year to 4.242 billion yuan, with an interim dividend of 4.6 cents per share and a payout ratio as high as 35%. Gas sales volume increased 15.3%, while value-added service revenue surged 27.6%, forming a dual-engine growth model.
Meanwhile, multiple institutions are optimistic about its growth prospects. CTCI International upgraded its rating to "Overweight," while Changjiang Securities also commented that the company's dividend yield has long been at a leading level in the gas industry. High dividends combined with earnings elasticity jointly drive the company's value re-rating, highlighting its growth potential as a high-dividend asset.
This award recognition not only demonstrates TIAN LUN GAS's outstanding contributions in the energy and livelihood sectors but also reflects the capital market's deep empowerment of real economy development.
Looking ahead to the second half of the year, TIAN LUN GAS is expected to continue benefiting from clean energy policy support and low-carbon transformation trends. With its "gas + value-added services" dual-engine model and prudent financial strategy, the company will continue expanding and deepening its presence in advantageous regional markets while enhancing ESG governance innovation.
Overall, the company combines high dividend characteristics with earnings growth potential, and is expected to achieve further value re-rating, creating long-term sustainable returns for investors.