Company introduction

Yingde Gases

was established in

2001

~170

air separation units constructed domestically and abroad

~3,500,000Nm³/h

total unit capacity (oxygen)

15,000+TPD

liquid production capacity

Established in October 2001, Yingde Gases is a large-scale professional gas company which is committed to the development of industrial sectors. Headquartered in the Pudong Free Trade Zone in the Shanghai Pudong Free Trade Zone, China, we also set up our investment headquarter in Hong Kong and Yingde Engineering in Hangzhou. Yingde Gases has built nearly 170 production facilities with over 3,500 employees domestically and abroad.

Yingde Gases, a leading independent manufacturer of industrial gases, will continue to expand its global footprint. Its overseas brand, NovaAir, has already operated air separation plants in countries including Malaysia and Thailand. Yingde Gases focuses on on-site gas supply, bulk liquid, MiniBulk, packaged gases, rare and specialty gases, and Yingde Engineering (design and manufacturing of cryogenic equipment including air separation unit). We supply on-site pipeline gases, liquid gases in tanks and cylinder gases including oxygen, nitrogen, argon, and other high-quality industrial gas products, as well as innovative gas solutions to support the development of industries such as the metallurgy, chemical, electronics, semiconductor, photovoltaic, food product, medical care, new materials, energy and environmental protection. We continue to create value in numerous fields closely related to the national economy and strive towards fulfilling our goal of “empowering society through innovative and sustainable gas solutions”.

Our air separation units provide gas quarantee for the world's leading coal-to-olefin project; Meanwhile, our liquid argon products are providing reliable guarantee for the production of the world's leading photovoltaic and stainless steel enterprises; in the field of unattended small on-site gas production, we also supply gas products to enterprises in many emerging industries.

In April 2017, PAG Asia Capital entered Yingde. In August of that year, it completed the privatization of Yingde Gases. Founded in 2002, PAG has now become one of the well-known independent diversified investment management groups in Asia, with total assets under management exceeding USD 50 billion, covering the private equity investment, real estate and absolute return strategy.

In November 2024, Yingde Gases introduced leading domestic strategic investors, including Ping An Life Insurance, Hangzhou Hangmeng, Fortune Venture, and Sunlight Life Insurance to provide strong support for our further development. Backed by this new shareholder structure, Yingde Gases will leverage more flexible and customer-centric solutions to become a highly innovative player in the industry.

Message from Management

In October 2001, the first set of air separation project of Yingde Gases started construction. Under the leadership of the founding team, the voyage belonging to Yingde people started officially. At that time, China had just entered WTO. Yingde Gases took the huge ship of rapid economic growth, seized the opportunity of industrial gas market, and participated in the development process of China's manufacturing industry.

Since its establishment, Yingde Gases has adhered to customer demand orientation, and integrated the world's advanced technology with its own original technology. It adopted international and domestic first-class equipment configuration integration to provide customers with cost-effective solutions, and helped the development of industries such as steel, chemical, new materials, wastewater treatment, nonferrous metals, etc.

In 2009, Yingde Gases was listed on the Hong Kong Stock Exchange, connecting with the capital market and laying a good foundation for its next development. With the spirit of "work hard, never give up", all Yingde people create proud achievements constantly.

Nowadays, Yingde Gases has obvious advantages in terms of the number of devices, production capacity, output value and liquid reserves in China, and its business covers the whole country and goes far overseas. In recent years, the insatiable Yingde people have been pioneering and enterprising, and established six business segments gradually: on-site gas supply, bulk liquid, MiniBulk, packaged gases, rare and specialty gases, and Yingde Engineering (design and manufacturing of cryogenic equipment including air separation unit).

With the upgrading of China's industry and consumption, our products are widely used in industries such as electronics, machinery, medical treatment, food, photovoltaic, new materials, environmental protection, etc., and Yingde people are extremely proud of this!

As the blood of industry, Yingde Gases plays a vital role. In the future, Yingde Gases will continue to improve its technology, products and solutions, and create more value together with customers, employees and shareholders. Nowadays, Yingde Gases is attracting more and more outstanding talents, so we can explore and work hard together to write the blue history of the China Industrial Gas Company!

Company Introduction