The Hong Kong and China Gas Co., Ltd. honoured at the Hong Kong Business Technology Excellence Awards 2025

The company earned an accolade for its smart AI-driven market intelligence tool for the energy sector.

The Hong Kong and China Gas Co., Ltd. (Towngas), an energy leader for over 160 years, has been recognised at the Hong Kong Business Technology Excellence Awards 2025. The company received the Big Data - Energy award for launching its Market News Extraction via AI (MNE-AI), a market intelligence solution that is transforming how energy companies monitor and respond to rapidly changing market dynamics.

In an era of increasing demand for real-time and accurate market insights, MNE-AI uses Generative AI and advanced web scraping technologies to automatically extract, summarise, and classify news from the internet. This solution enhances operational efficiency and decision-making agility.

Previously, Towngas relied on a manual news tracking process that was time-consuming, resource-heavy, and prone to human error. MNE-AI automates the entire workflow, covering 13 key news categories, including Government Announcements, Energy Market, Economy, Property, and more.

The system taps into a Large Language Model (LLM) trained to analyse both text and images, delivering automated news summaries with significantly improved speed and accuracy. With over 94% extraction accuracy and 88% categorisation accuracy, MNE-AI has reduced manpower requirements by 70%.

Unlike traditional monitoring tools, MNE-AI offers comprehensive coverage by scanning a wide range of online sources and bypassing common anti-scraping measures to ensure reliable data. It also features a dedicated web portal that enables quick, keyword-based searches, allowing employees to access real-time insights with ease.

From tracking energy prices and emerging technologies such as hydrogen to monitoring policy changes, subsidies, and weather risks, MNE-AI keeps Towngas at the forefront of market developments. More than being a tool, MNE-AI is a dynamic platform designed for continuous enhancement, evolving in line with the needs of the energy industry.

The Hong Kong Business Technology Excellence Awards honours companies and organisations that are driving innovation, transforming industries, and setting new benchmarks for excellence in Hong Kong’s tech landscape.

The Hong Kong Business Technology Excellence Awards is presented by Hong Kong Business Magazine. To view the full list of winners, click here. If you want to join the 2026 awards programme and be acclaimed for your company's outstanding contributions in pursuit of technological innovation, please contact Julie Anne Nuñez-Difuntorum at [email protected].