ENN Energy Holdings Limited, formerly Xinao Gas Holdings Limited, is an investment holding company. Its subsidiaries are principally engaged in the investment in, and the operation and management of, gas pipeline infrastructure and the sale and distribution of piped and bottled gas in the People's Republic of China. The principal businesses of the Company include gas connection, sales of piped gas, construction and operation of vehicle gas refuelling stations, distribution of bottled liquefied petroleum gas (LPG) and sales of gas appliances. During the year ended December 31, 2010, the Company completed piped natural gas connections for 875,744 residential households and 4,178 commercial/industrial (C/I) customers (connected to gas appliances with total installed designed daily capacity of 4,619,944 cubic meters). On February 11, 2010, the Company acquired 100% of the capital of Guangzhou Fudu. On March 25, 2010, it acquired 80% of the capital of Panjin Shengtai.