It can be seen that GCL New Energy's acquisition of the GCL Rudong LNG Receiving Station project is not only a grasp of the project's potential, but also an integration of its business layout and market advantages. Through the acquisition, GCL New Energy has opened up the upstream, midstream and downstream industrial chain of natural gas, which not only enables the company to achieve business diversification and sustainable development, but also further expands the company's influence in the field of natural gas trading and consolidates its leading position in the field of natural gas trading at home and abroad.
Looking ahead, once this path is successfully implemented, it is lebanon telegram data not ruled out that there will be more corresponding market integration actions in the future. With GCL New Energy's leading advantages in the industry and its unique resources and network advantages, it will be easier for it to "conquer cities and territories" at home and abroad, and achieve rapid penetration and occupation of the domestic and foreign natural gas trading markets, ushering in a broader development space.
3. Conclusion
Finally, returning to the capital market valuation level, the current price-to-sales ratio of GCL New Energy is only 0.67 times, while the price-to-sales ratios of Hong Kong-listed companies in the same industry that are in the early and growth stages of LNG business are generally 2-4 times. It can be found that the current valuation level of GCL New Energy reflects to a certain extent that the market's understanding of its true value is still biased.