was established in
Yingde Gases is a large-scale professional gas company that is committed to the development of China’s industrial sector. The Group is headquartered in the Pudong Free Trade Zone in Shanghai with its investment headquarters in Hong Kong and air separation design research center in Hangzhou. Upon undergoing ten years of development, our business has spread its tentacles nationwide and even overseas.
We focus on the development of On-site gas production, Clean Energy, Merchant and Engineering business. Through on-site pipelines and liquid gas supply methods, we supply high-quality industrial gas products such as oxygen, nitrogen, argon and Syngas (made from hydrogen and carbon monoxide) which serves as a clean energy solution. Our services support the metallurgy, chemical, semiconductor, electronics, photovoltaic, food, medical and healthcare, new materials, energy, environmental protection industries and other industries, helping them to continue creating value in numerous fields closely connected to the national economy.
In Zhangjiagang and Rizhao, we provide long-term gas services for the largest domestic private steel companies and the world's leading ESP manufacturers. In Baotou, our air separation plants provide gas for the world's leading coal-to-olefin project. In Anyang, we have set a precedent for the outsourced supply of Syngas in China. In Jingmen, we have created a Syngas gas island which supplies Sinopec with hydrogen required for refining while supplying various gases to enterprises within and without the industrial park. Meanwhile, our liquid argon products serve as a reliable safeguard for the production of the world's leading photovoltaic and stainless-steel companies. In the area of unmanned small-scale on-site gas production, we also supply gas products to numerous companies in emerging industries.
In April 2017, PAG Asia Capital (PAG) took over the management of Yingde as the sole shareholder of Yingde. The privatization of Yingde Gases was completed in August of the same year. PAG, which was established in 2002, has become one of the most renowned independent and diversified investment management groups in Asia, managing over USD 35 billion worth of assets including private equity investments, real estate and absolute return strategies.
Following PAG’s takeover of the company, Yingde Gases has made effective adjustments to the management structure and management team while bringing in many senior professional managers with management experience in multinational companies and international top-tier professionals with technical know-how in the industrial gas field. In September 2018, Yingde Gases formally moved its headquarters to Waigaoqiao in Shanghai. Since then, leveraging its accessible geographical location, favorable economic policies, diversified cooperation opportunities and comprehensive public services in the free trade zone, the company has broadened its horizons, formed active partnerships, and improved its overall management efficiency.
Over the past ten years, the entire Yingde team has worked together to achieve world-renowned performance and achievements. In terms of our number of air separation units, gas production capacity and liquid reserves, we are among the best domestic companies in the industry. Currently, the Group has over a hundred air separation units nationwide, a total plant capacity of 2,590,000 Nm³/h for oxygen and 400,000 Nm³/h for Syngas while having a liquid production capacity of over 10,000 TPD. Every year, the production capacity of steel enterprises we serve accounts for about one-fifth of the country’s total steel output while our total oxygen output fulfills around one-tenth of the global steel and iron production demand. Meanwhile, our total liquid gas capacity can go up to 3.6 million tons, with the total delivery mileage being equivalent to 820 trips around the earth!
Driven by our belief in the potential of gases, we assume corporate social responsibility while continuing to discover the value of gas applications, being committed to becoming a leading industrial gas and service provider to empower society with innovative and sustainable gas solutions.
In October 2001, Yingde Gases embarked on its first air separation project. Under the leadership of the founding team, the Yingde team formally commenced their journey. At that time, China had just entered the WTO and Yingde Gases rode on the wave of rapid economic growth, seizing the opportunities presented in the industrial gas market while participating in the development of China's manufacturing industry.
Ever since its establishment, Yingde Gases has been customer demand-oriented, integrating world-advanced technology with its own original technology, performing the configuration and integration of international and domestic first-class equipment and providing customers with cost-effective solutions while boosting the development of steel and iron, chemical, new materials, wastewater treatment, non-ferrous metals industries and other industries.
According to U.S. company Strategic Analysis Inc. (SAI)’s research report, Yingde Gases has become the largest independent on-site gas service provider of industrial gas in China eight years after its establishment.
In 2009, Yingde Gases was listed on the Hong Kong Stock Exchange. This connection with the capital market laid a solid foundation for its next step of development. Based on a “work hard and never give up” attitude, the entire Yingde team has continued to record new heights in its performance. Today, Yingde Gases has performed excellently in the domestic market in terms of its number of units, production capacity, production value and liquid reserves, with operations nationwide and even overseas.
In the recent years, Yingde’s insatiable appetite for development led it to branch out into four key sectors, namely Large On-site business, Clean Energy business, Merchant business and Engineering business. Following the improvements and upgrades in China's industry and consumption, Yingde is proud to say that our products are widely used in the electronics, machinery, medical, food, photovoltaic, new materials, environmental protection industries and other industries.
As the “blood vessels” of industries, gases play a crucial role. In the future, Yingde Gases will keep improving its technologies, products and solutions in order to create more value together with its customers, employees and shareholders. Meanwhile, Yingde Gases is currently working on attracting more talents to explore future possibilities and opportunities. We will work together to paint the history of Chinese industrial gas companies with the blue shades of Yingde Gases.
CEO Fang Shiwen