The Hong Kong and China Gas Company Limited ((Towngas) is engaged in the production, distribution and marketing of gas, water and energy related activities in Hong Kong and mainland China. The Company is also engaged in property development and investment activities in Hong Kong. During the year ended December 31, 2010, the Company launched nine new projects. During 2010, Towngas China Company Limited (Towngas China) acquired eight new projects located in the New Industrial District of Anshan, Dalian Lvshun Economic Development Zone, Kazuo county of Chaoyang in Liaoning province; in the Lingui New District of Guilin in Guangxi Zhuang Autonomous Region; in the Nanhai New District of Laiyang and Linqu county of Weifang in Shandong province; and in the Chengdong Harbour District of Jiujiang and the Fubei Industrial Park of Fuzhou in Jiangxi province. In 2010, it also acquired a Hot Tapping contract from Water Supplies Department (WSD).