On September 28, 2014, the opening ceremony of Inner Mongolia Oil & Gas Investment Co., Ltd., jointly funded by Henan Tian Lun, Inner Mongolia Communications Investment Co., Ltd. and Inner Mongolia Minghua Energy Group Co., Ltd., took place in Beijing Shengping Yihe Forum Center. The Energy Bureau of Inner Mongolia Development and Reform Commission, Inner Mongolia Communications Investment Co., Ltd., Tian Lun Gas Holding Limited, Inner Mongolia Minghua Energy Group Co., Ltd. attended the ceremony. Dozens of mainstream media including Hong Kong Satellite TV, Beijing News, Ta Kung Pao, Hong Kong Sing Pao, Hong Kong Commercial Daily, Dahe Daily, Zhengzhou Evening News, Netease, Sohu, Takungpao Net, China Economic Net, Bauhinia Magazine, etc. were present.

Inner Mongolia Autonomous Region is an important energy base in China. In order to increase the output of clean energy in the region, ensure the safety of the nationwide energy supply and control regional smog, the Autonomous Region government reached a consensus with Beijing, Tianjin, Hebei and Shandong on the inevitability of "4+1" clean energy external transmission. Inner Mongolia Oil & Gas Investment Co., Ltd. is a mixed-ownership oil & gas investment company led by Inner Mongolia Communications Investment Co., Ltd., dominated by state-owned capital and participated by private enterprises to achieve this goal.

The initial registered capital of this oil & gas investment company is RMB 1,500,000,000, of which Inner Mongolia Communications Investment Co., Ltd. subscribed RMB 600,000,000, accounting for 40% of the shares; Tian Lun Gas Holding Limited subscribed RMB 500,000,000, accounting for 33.33% of the shares; and Inner Mongolia Minghua Energy Group Co., Ltd. subscribed RMB 400,000,000, accounting for 26.67% of the shares.

This joint venture was born in response to the proper time and conditions in China. In terms of policies, it meets the requirements of the Chinese Government in the Outline of the Eleventh Five-Year Plan for the future development of oil and gas, which will be mainly reflected in the diversification of main investors and the diversification of resource varieties. In the Several Opinions of the State Council on Encouraging and Guiding the Sound Development of Non-governmental Investment (new 36 guidelines) issued by the Chinese Government, it is also clearly proposed to encourage private capital to participate in oil and gas construction, support private capital to enter the field of oil and gas exploration and development, cooperate with state-owned oil enterprises in oil and gas exploration and development, and support private capital to participate in the construction of storage, transportation and pipeline facilities and networks for crude oil, natural gas and refined oil; in terms of operation, the completion of 5 pipelines will increase the competitiveness of Tian Lun Gas' natural gas terminal businesses in Beijing, Tianjin, Hebei and Shandong, and have the ability to provide gas source support for the development of these businesses.

Since the listing of Tian Lun Gas, its strategy has been expanding rapidly in China. At present, its business has covered 10 provinces and cities, with a compound growth rate of 42.2% in revenue and 42.9% in profit attributable to equity holders from 2011 to 2013; in the first half of 2014, the revenue increased by 43.9% over the same period, and the profit attributable to equity holders increased by 42% over the same period. It is now entering the field of long-distance pipeline and getting access to the upstream business, which is expected to have an important impact on Tian Lun Gas' business scale in the future.