TacticScaleWhat ENN Energy Does & How It Makes Money (2688.HK)
Updated October 2026 · reflects ENN Energy's latest reported financials
Chinese city gas distributor and integrated energy services provider. It earns most revenue from retail sales of piped gas and multi-energy products to end users, plus wholesale gas trading, one-off pipeline connection and installation fees, and sales of smart home gas appliances and equipment.
How ENN Energy makes money
It earns most revenue from retail sales of piped gas and multi-energy products to end users, plus wholesale gas trading, one-off pipeline connection and installation fees, and sales of smart home gas appliances and equipment.
What ENN Energy does
ENN Energy Holdings, founded in 1989 as XinAo Gas and headquartered in Langfang, China, invests in, builds and operates gas pipeline infrastructure across the People's Republic of China. Its core business is retail distribution of piped natural gas to residential, commercial and industrial customers, alongside connection and installation work that links new customers to its networks. Beyond gas distribution, the company has expanded into integrated energy services that offer low-carbon, multi-energy solutions. It also runs LNG sourcing and wholesale, vehicle gas refueling stations, oil and gas transportation, sales of smart home appliances and gas equipment, and financial services. It reports its results under five segments: retail gas, integrated energy, wholesale gas, construction and installation, and smart home.
Products & services
- Piped natural gas retail
- Integrated energy / low-carbon solutions
- LNG sourcing and wholesale
- Gas connection and installation services
- Vehicle gas refueling stations (LNG/CNG)
- Smart home gas appliances and equipment
What is ENN Energy worth?
A reliable owner-earnings fair value isn't available for this company yet — we'd rather say so than print a number we don't trust.
We show a fair value only when the method is trustworthy. See ENN Energy on TacticScale →