Foran Energy Group Co Ltd. Stock Analysis 002911.SZ

Foran Energy Group Co., Ltd. engages in the exploration of petroleum and natural gas. The company is headquartered in Foshan, Guangdong and currently employs 2,366 full-time employees. The company went IPO on 2017-11-22. The firm operates three segments. Energy segment is mainly engaged in urban gas business and new energy business. Technology Research and Development and Equipment Manufacturing Business segment is mainly engaged in single solid oxide fuel cell (SOFC) solid oxide fuel cell, hydrogen energy equipment manufacturing research and development, pipeline inspection, kiln thermal equipment manufacturing and energy conservation and emission reduction. Supply Chain and Extended Business segment is mainly engaged in petrochemical supply chain business and natural gas supply chain business, as well as engineering service business covering gas engineering design supervision, engineering construction, cost consulting and other aspects, and extended business such as life services.