| **Subsidiaries                  of the Company**                                                        |   | **Equity                  Interest**             |   | **Jurisdiction                  of Incorproation** |
|---------------------------------------------------------------------------------------------------------|--------|--------------------------------------------------|--------|----------------------------------------------------|
| Pegasus                  Tel., Inc.                                                                     |   | 100%                                             |   | New                  York                          |
| GAS                  Investment China Co., Ltd.                                                         |   | 100%                                             |   | British                  Virgin Islands            |
| Beijing                  Zhong Ran Wei Ye Gas Co. Ltd. (“Beijing Gas”)                      |   | 100%                  by GAS Investment          |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| **Subsidiaries                  of Beijing Gas**                                                        |   | **Beijing                  Gas Equity Interest** |   |                                               |
|                                                                                                    |   |                                             |   |                                               |
| Yu                  Tian county Zhong Ran Wei Ye Gas Ltd.                                               |   | 90%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Ning                  Jing Wei Ye Gas Ltd.                                                              |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Xing                  Tang County Wei ye Gas Ltd.                                                       |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Lin                  Zhang County Wei Ye Gas Ltd.                                                       |   | 85%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Jin                  Zhou Wei Ye Gas Ltd.                                                               |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Wu                  Qiao County Gas Ltd.                                                                |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Long                  Yao County Zhong Ran Wei Ye Gas Ltd.                                              |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Shen                  Zhou Wei Ye Gas Ltd.                                                              |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| An                  Ping County Wei Ye Gas Ltd.                                                         |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Pei                  County Wei Ye Gas Ltd.                                                             |   | 90%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Si                  Hong Wei Ye Gas Ltd.                                                                |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Si                  Shui Wei Ye Gas Ltd.                                                                |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Lang                  Fang Development Zone Wei Ye Dangerous Goods Transportation                  Ltd. |   | 95%                                              |   | PRC                                                |
|                                                                                                    |   |                                             |   |                                               |
| Beijing                  Zhong Ran Xiang Ke Gas Technology Ltd.                                         |   | 40%                                              |   | PRC                                                |

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