Machinery industry: accelerate the development of natural gas downstream application equipment

Fuel gas industry development related equipment needs: coal, automobile parts exhaust and so on result in an increasing concentration of particulate matter in the atmosphere, is an important factor to air pollution. Compared with the traditional fossil energy, natural gas is a kind of high efficient, clean energy, therefore, to vigorously develop natural gas, is one of the important ways to improve China's environmental problems. Natural gas industry in China will promote the development of the related equipment demand of natural gas.

LNG equipment needs into the quick release phases: LNG car compared with the traditional gasoline and diesel cars, has obvious economical and enviromental protection, therefore, has achieved rapid development in recent years. Although the current natural gas prices are gradually rising trend, but according to our calculations, even if the future LNG price increase from the current 4.5 yuan/cubic meter to 6 yuan/cubic meter, LNG vehicles still has obvious economic advantage. From gas source, although the current supply of natural gas in China is still a certain gap, but the national development and reform commission, bureau of energy of the gas utilization policy "gives priority to the development will determine the natural gas vehicle type, so the air is not the bottleneck of natural gas vehicle development. In the whole LNG related equipment, we focus on LNG liquefaction, LPG equipment, engines and LNG gas supply system.

Intelligent gas meter wide space of market: along with the push of urbanization and urban gas pipeline network construction in China, with the rapid development of gas meter market is huge opportunity. Compared with the traditional gas meter, intelligent gas meter has the convenient and quick, low cost, a variety of advantages, therefore, intelligent gas meter has gradually become the mainstream of gas meter in China market. Conservative estimates, intelligent gas meter in China during the twelfth five-year demand growth is expected to remain close to 30% of the composite.

"Look good" natural gas power generation equipment: although natural gas power generation has many advantages such as high efficiency and energy saving, clean 

environmental protection, air supply shortage, high cost of power generation is currently insurmountable obstacles. We think that is the main load on natural gas power generation in China is still in the short term, difficult to large-scale promotion.