Jindi United Holding Group

What Jindi United Holding Group does

Jindi United Holding Group Co., Ltd. is a privately-held, diversified Chinese conglomerate headquartered in Xiaoshan District, Hangzhou, founded in 1992 in home furnishings and progressively expanded into real estate (2001), energy (2004), international upstream oil and gas (2017-2018), petrochemical trading, and industrial investment. The group operates five integrated business segments: (1) overseas oil and gas exploration and production through working interests in Indonesia Merangin II and South Jambi B blocks (containing an estimated 46.11 million barrels of crude oil reserves and 100 billion cubic meters of natural gas reserves) and a 35% interest in Chad's ORYX field BCO-III Block; (2) petrochemical bulk trading of chemical products, oil products, and ferrous metals via Zhejiang Jindi Petrochemical Energy Co., Ltd., operating as vice-chairman unit of the China Petroleum Circulation Association; (3) domestic natural gas distribution through 276 km of high and medium-pressure pipelines, 3 city gate stations, and 3 city gas franchise regions (Jiashan, Pinghu, Lankao) supplying approximately 1 billion cubic meters annually, plus LNG trading (350,000 tons in 2024) and LNG refueling stations; (4) real estate development and commercial asset management with 5.2 million sqm cumulative equity development area, 4 plus 4 commercial complexes across Hangzhou and Shaoxing, and active pipeline including Jin Di T-ONE MO (2025) and Jin Di Xin Jie (2026); and (5) industrial investment in artificial intelligence, healthcare, and new energy sectors.

The group's revenue mechanics span one-time real estate sales, recurring pipeline gas subscription, transactional petrochemical and LNG trading commissions, and equity returns from upstream production and industrial investments. Customers are split across B2B enterprise buyers (Huadian Group for power generation, Satellite Energy and Dushan Energy petrochemical enterprises, 50+ industrial users in Lankao, Ningbo Port and Xiaoshan Transportation Investment for LNG refueling, and 5+ biopharmaceutical tenants in the Life Science Park) and consumer/residential buyers across Yangtze River Delta developments. Internationally, the group maintains operations in Indonesia, Chad, Singapore, and Hong Kong, with crude oil and natural gas exports to Singapore and local Indonesian markets. The organization is structured through wholly-owned subsidiaries (Jindi United Energy Group, Zhejiang Jindi Real Estate Group, Zhejiang Jindi Commercial Group established 2022, Hangzhou Geng Tuo Biotechnology) and majority-owned regional gas franchises acquired between 2016-2018.

Name

Jindi United Holding Group

Legal name

JINDI UNITED HOLDING GROUP Co., Ltd.

Website

https://en.jduhc.com

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

Jindi United Holding Group is a privately-held Chinese conglomerate founded in 1992 that integrates overseas oil and gas production, petrochemical trading, domestic natural gas distribution, real estate development, and industrial investment across China, Indonesia, and Chad.

Ownership category

akta.pro rank

Product category

Diversified Energy and Real Estate Conglomerate

NAICS

Natural Gas Distribution (22121), Natural Gas Distribution (221210), Pipeline Transportation of Refined Petroleum Products (486910)

SIC

Crude Petroleum & Natural Gas (1311), Oil & Gas Field Exploration Services (1382), Oil & Gas Field Services, Nec (1389)

akta.pro industry

PRIMARYEUAGAHAF

Market Access & Capacity Rights Trading (Pipeline, Terminal, Interconnector)

Energy, Utilities & Environment/Energy Trading, Marketing & Retail Supply/LNG Trading & Portfolio Optimization

SECONDARYEUAGAAAE

NGLs & LPG Trading & Marketing

Energy, Utilities & Environment/Energy Trading, Marketing & Retail Supply/Wholesale Energy Trading & Marketing (Physical & Financial)

Keywords

• Oil and gas exploration
• Petrochemical trading
• Natural gas distribution
• Real estate development
• Commercial property management

Headquarters

HQ city

Hangzhou

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Supply Chain, Infrastructure, Personnel, Marketing or Sales

Revenue model

1. Overseas Oil and Gas Production and Sales: Revenue from production and sale of crude oil and natural gas from overseas oil and gas blocks in Indonesia (Merangin II, South Jambi B) and Chad (BCO-III). Includes 100% working interest in South Jambi B and 35% working interest in Chad ORYX field.
2. Petrochemical Bulk Trading: Bulk trading of chemical products, oil products, and ferrous metal resources. Achieves risk hedging and profit maximization through global commodity arbitrage and industrial chain investment.
3. Domestic Natural Gas Distribution: City gas franchise operations supplying approximately 1 billion cubic meters of pipeline natural gas annually to industrial and residential users. Revenue from gas supply, pipeline construction, and gas station operations.
4. Real Estate Development and Sales: Residential development and sales covering high-rise buildings, multi-storey houses, low-density row houses. Cumulative total equity development area of 5.2 million square meters.
5. Commercial Complex Operations: Commercial complex development and operation including shopping centers, commercial blocks, office buildings, hotels, and apartments. Four large commercial complexes operating plus four under construction.
6. Industrial Investment: Asset acquisition and equity investment in artificial intelligence, medical treatment, new energy and other emerging industries. Focuses on Group's main business and emerging industry tracks.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

Jindi United Holding Group is a diversified enterprise group integrating overseas oil and gas exploration and production (Indonesia and Chad blocks), petrochemical bulk trading of chemicals, oil products, and ferrous metals, domestic natural gas pipeline distribution across Zhejiang and Henan, real estate development and commercial property operations, and industrial investment in AI, healthcare, and new energy sectors. The group operates 276 km of owned high and medium-pressure pipelines supplying approximately 1 billion cubic meters of natural gas annually, holds working interests in three overseas oil and gas blocks, and has cumulatively developed 5.2 million square meters of real estate across the Yangtze River Delta.

Product overview

Jindi United Holding Group is a diversified enterprise group integrating five core business segments: overseas oil and gas fields, petrochemical trade, domestic natural gas, real estate development and operation, and industrial investment. The group operates through subsidiaries including Zhejiang JinDi Petrochemical Energy Co., Ltd. for petrochemical trading, multiple city gas companies (Jiashan Jiagang Gas, Pinghu Dushan Gas, Lankao Kunlun Gas, Nantong Zhongdun Energy) for domestic natural gas, and Zhejiang Jindi Real Estate Group for property development. The real estate portfolio includes residential projects (Jin Di Yong Song Xuan, Jin Di T-ONE Chao Bo, Jin Di Hai Po, Jin Di Hu Wang Lu, Jin Di Hong Bin Zhi Du), commercial complexes (Jin Di Yin Tai Commercial Complex in Shaoxing and Xiaoshan, Jin Di T-ONE MO, Jin Di Xing Long Cheng, Jin Di Xin Jie), office buildings (Jin Di Yi He Building), and specialized industrial parks (Jin Di Xindao Langu Life Science Park). The group's energy operations span overseas oil blocks in Indonesia and Chad, domestic pipeline and LNG business, and industrial investment in AI, healthcare, and new energy sectors.

Differentiator

Problem solved

Functional benefit

Brands

• Jin Di Real Estate Group: Real estate development covering residential projects in the Yangtze River Delta region including high-rise residential buildings, multi-storey houses, low-density row houses, and residential products
• Jin Di T-ONE
• Jin Di Petrochemical
• Jin Di United Energy
• Jin Di Xindao Langu Life Science Park
• Jindi Commercial Group

Products and services

• Overseas Oil and Gas Fields Oil and gas exploration and production operations across Indonesia (Merangin II Block, South Jambi B Block) and Republic of Chad (BCO-III Block). The segment holds 100% working interest in South Jambi B, 35% working interest in Chad ORYX field, and operates product-sharing contracts with SKK Migas.
• Petrochemical Trade Bulk trading of chemical products, oil products, and ferrous metal resources operated through Zhejiang JinDi Petrochemical Energy Co., Ltd. Pursues global commodity arbitrage and industrial chain investment for risk hedging and profit maximization across domestic and foreign partner networks.
• Domestic Natural Gas Distribution Urban gas franchise operations centered on natural gas covering city gas supply, natural gas trading and transportation, gas stations, and pipeline construction and operation. Owns 276 kilometers of high and medium-pressure pipelines with 3 city gate stations, supplying approximately 1 billion cubic meters annually to industrial and residential users across Zhejiang and Henan provinces.
• LNG Transportation and Trading Integrated LNG transportation and trading business leveraging CNOOC and National Pipe Network Group receiving stations for international LNG resource imports. Includes LNG refueling stations serving public buses, taxis, long-distance buses, and trucks across Zhejiang Province and major ports, with more than 100 trading and end customers.
• Residential Real Estate Development Residential property development covering high-rise buildings, multi-storey houses, and low-density row houses across the Yangtze River Delta region. Targeted at individual home buyers and families seeking quality housing in prime locations within Hangzhou, Shaoxing, Linping District, Fuyang, and surrounding areas.
• Commercial Complex Operations Development and operation of commercial complexes including shopping centers, commercial blocks, office buildings, hotels, and apartments across Hangzhou and Shaoxing. Serves retail tenants, office tenants, and shoppers with operating complexes achieving high foot traffic including 20 million annual visitors at Shaoxing Yin Tai.
• Biopharmaceutical Industrial Park Development Development and operation of specialized industrial parks focused on biopharmaceutical and life science industries. Anchored by Jin Di Xindao Langu Life Science Park, which hosts biopharmaceutical tenants including Zhizhong Technology, Qihang Biology, Liwen Institute, Lifu Biology, and Lingxi Weiguang.
• Industrial Investment Services Strategic investment services focused on asset acquisition and equity investment in artificial intelligence, medical treatment, and new energy industries. Complements the group's core energy and real estate businesses by cultivating new quality productivity and emerging industry tracks.

Quantifiable outcome

• 46.11 million barrels estimated geological reserves discovered in Indonesia in 2019
• +7 more outcomes

Named customers13 records

Segments5 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

18 partnerships are on record, tiered core, flagship and minor.

• Hangzhou Municipal Bureau of Economy and Information TechnologycoreStrategic or Co-development Partner · 1 January 2023Awarded the title of 'Hangzhou Biopharmaceutical Characteristic Industrial Park' by the Hangzhou Municipal Bureau of Economy and Information Technology for Jin Di Xindao Langu Life Science Park.
• Hangzhou Industrial GroupcoreStrategic or Co-development Partner · 1 January 2019Established a joint venture company engaged in bulk commodity trading in 2019, achieving complementary advantages and resource sharing. This partnership enabled Jindi Petrochemical to enter a new stage of rapid development through combined domestic trading capabilities.
• Shenneng GroupcoreStrategic or Co-development Partner · 1 January 2019Established joint venture with Shenneng Group to carry out LNG trading business at No. 5 Gou LNG receiving station. Leverages Shenneng Group's infrastructure for Jindi's international LNG import and trading operations.
• Hangzhou Relian GroupcoreStrategic or Co-development Partner · 1 January 2019Established Zhejiang Pilot Free Trade Zone Hangshi Jin Di Energy Co., Ltd. with Hangzhou Relian Group in 2019, focusing on energy trading in the pilot free trade zone.
• SKK Migas (Indonesia Oil and Gas Regulatory Authority)flagshipStrategic or Co-development Partner · 1 January 2018Product sharing contracts for Indonesia Merangin II and South Jambi B blocks. SKK Migas is the regulatory authority overseeing oil and gas operations in Indonesia.
• PetroChina (Jabung Gas Field)minorStrategic or Co-development Partner · 1 January 2018South Jambi B block located near PetroChina's Jabung Gas Field, creating potential for regional cooperation in South Sumatra Basin operations.
• MEDICO Company (Corridor Block)minorStrategic or Co-development Partner · 1 January 2018South Jambi B block located near MEDICO Company's Corridor Block, creating potential for regional cooperation in gas development.
• Lankao City Gas CompanycoreStrategic or Co-development Partner · 1 January 2018Acquired in 2018. Lankao Kunlun Gas holds the franchise right for pipeline gas in the industrial cluster area of Lankao County, covering 20.02 square kilometers in Henan Province.
• Pinghu City Gas CompanycoreStrategic or Co-development Partner · 1 January 2017Merger and acquisition completed in 2017. Pinghu Dushan Gas holds the franchise right for pipeline gas in Dushan Port District, covering approximately 100 square kilometers.
• Jiashan City Gas CompanycoreStrategic or Co-development Partner · 1 January 2016Merger and acquisition completed in 2016. Jiagang Gas holds the franchise right for pipeline gas in Yaozhuang Town, Jiashan County, covering approximately 100 square kilometers.
• Ningbo Port GroupflagshipStrategic or Co-development Partner · 1 January 2010Cooperated to build the nation's first LNG refueling station in a port area in 2010, which became a national port demonstration station. Demonstrates leadership in port clean energy infrastructure.
• Shenzhen Port AuthorityminorStrategic or Co-development Partner · 1 January 2010Built LNG refueling stations in Shenzhen's Ma Wan Port, Chi Wan Port, and Yan Tian Port, extending clean energy infrastructure to major port operations.
• Hangzhou Longyun GroupcoreStrategic or Co-development Partner · 1 January 2010Cooperation with Hangzhou Longyun Group to build LNG refueling stations serving buses, taxis, long-distance buses, and trucks in Hangzhou.
• Shaoxing Public Transportation GroupcoreStrategic or Co-development Partner · 1 January 2010Built LNG refueling stations serving public transportation in Shaoxing, supporting the city's clean energy transition.
• Quzhou Transportation GroupminorStrategic or Co-development Partner · 1 January 2010Built LNG refueling stations serving transportation sector in Quzhou region.
• Xiaoshan Transportation Investment GroupflagshipStrategic or Co-development Partner · 1 January 2009Cooperated in 2009 to build Zhejiang Province's first LNG refueling station for public buses, pioneering clean energy vehicle adoption in the province's transportation sector.
• CNOOCcoreStrategic or Co-development Partner · 1 January 2008LNG receiving station partnership allowing integrated LNG transportation and trading business through CNOOC receiving stations. Enables direct participation in international LNG resource imports.
• National Pipe Network GroupcoreStrategic or Co-development Partner · 1 January 2008Partnership with National Pipe Network Group for LNG receiving station operations. Enables access to national pipeline infrastructure for gas distribution.

Scale indicators14 records

Recent moves13 records

Expansion highlights6 records

Regional players

• Zhejiang Provincial Energy Group: Zhejiang-based state-owned energy group with oil and gas, power, and pipeline operations. Comparable to Jindi's regional energy operations specifically in Zhejiang Province.
• Shenergy Company: Shanghai-based state-owned energy conglomerate with city gas, LNG, and power generation. Comparable to Jindi's regional gas franchise and clean energy operations in East China.
• Greenergy International: Asian-focused oil and gas trading and downstream company with LNG and petroleum product trading. Comparable to Jindi's petrochemical bulk trading operations in Asia.

Direct peers

• Kunlun Energy Company: CNPC-affiliated company with integrated city gas, LNG terminals, and upstream gas production. Comparable to Jindi's LNG trading and natural gas distribution operations integrated with upstream exposure.
• China Oil and Gas Holdings: Hong Kong-listed integrated energy company with city gas franchises, LNG, and oil and gas operations across China. Comparable to Jindi's diversified energy and gas distribution model.
• ENN Energy Holdings: Major Chinese city gas distributor with vertically integrated natural gas operations including LNG receiving and trading. Directly comparable to Jindi's domestic gas and LNG trading businesses in scale and customer base.
• Towngas China Company: Hong Kong-listed city gas distributor operating pipeline natural gas franchises across multiple Chinese provinces. Comparable to Jindi's regional gas franchise model in Zhejiang and Henan.

Broad incumbents

• Hong Kong and China Gas Company (Towngas): One of the largest city gas utilities in Greater China with extensive upstream and midstream investments. Comparable to Jindi's gas distribution and integrated energy business at a much larger scale.
• China Resources Gas Group: State-owned city gas distributor and part of China Resources conglomerate, operating the largest portfolio of city gas projects in China. Comparable to Jindi's franchise-based gas distribution model but at much larger scale.

Others

• Fosun International: Chinese diversified conglomerate with operations across health, real estate, energy, and financial investment. Comparable to Jindi's diversified business model across energy, real estate, and industrial investment.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/jindi-united-holding-group

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries13 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Jindi United Holding Group