Qingdao Energy Group 2025 Report: Assets Top 28 Billion RMB; Clean Heating Adds 8.5 Million Square Meters

Qingdao Energy Group recently hosted the release of its 2025 sustainability report and the launch of its 2026 “Enterprise Open Day,” disclosing annual sustainability information. In 2025, the group added 8.5 million square meters of clean heating capacity, reducing annual CO2 emissions by 200,000 tons. It advanced China’s first large-scale deep-sea wind power project into the implementation stage, completed Shandong Province’s largest reclaimed water waste-heat “water-heat joint supply” project, commissioned the nation’s first petrochemical waste-heat coupled municipal gas clean heating project, and promoted cross-regional utilization of waste-to-energy waste heat.

In green transformation, Qingdao Energy Group’s energy technology R&D investment grew 12% year-on-year, with three new provincial and municipal industrial innovation platforms added and cumulative patent authorizations reaching 119. In asset revitalization, the group activated more than 280 mu of low-efficiency land and over 70,000 square meters of idle properties, introduced more than 1 billion RMB in social investment, achieved asset appreciation exceeding 2 billion RMB, and supported over 7,000 jobs.

In operating performance, by end-2025, the group’s total assets surpassed 28 billion RMB, with the heating segment achieving a cumulative loss reduction of 55%. In public services, 73,000 households benefited in 2025, with 122,000 online business transactions completed, up 32.7% year-on-year. The group handled 822,000 hotline calls during the year, while government hotline volume declined 50.3% year-on-year. For safety assurance, it built an integrated gas-heat IoT platform connected to 1.7 million devices and 15,000 kilometers of pipeline network data, completed the largest renewal of aging pipeline networks, established an interconnected heating “one network” across the main urban area, and enabled intelligent monitoring of over 95% of indoor gas leak hazards.

In 2026, the group will focus on the theme of “innovation, expansion, transformation and quality improvement,” building a “2+4+X” business portfolio to cultivate a “second growth curve.