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An announcement from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) is now available.
Jiangsu Guofu Hydrogen Energy Equipment has signed a sales contract to supply 23 sets of 1MW and 4 sets of 5MW electrolyzer assembly kits to India-based Advait Greenergy for about USD5.1 million, deepening their strategic partnership under India’s SIGHT green hydrogen program. Leveraging its 2.5GW domestic production capacity, Guofu aims to deliver at least 300MW of electrolysis equipment annually to support localized manufacturing in India and strengthen its overseas market position.
The company has also won a RMB21.27 million bid to provide water electrolysis hydrogen production equipment for phase II of a comprehensive hydrogen refueling station project in the Gaomi service area operated by Shandong Expressway. This first-of-its-kind expressway demonstration integrating zero-carbon service areas, hydrogen refueling, PEM hydrogen production and energy storage marks a key breakthrough in coupling renewable-powered hydrogen with transport, enhancing Guofu’s brand and role in building a green electricity–green hydrogen–hydrogen transport value chain.
More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. is a Chinese hydrogen energy equipment manufacturer focused on water electrolysis systems and PEM electrolyzer technology for green hydrogen production. The company targets both domestic and overseas markets, supplying equipment for renewable energy-linked hydrogen projects and transportation energy transformation applications.
Average Trading Volume: 4,568,513
Technical Sentiment Signal: Sell
Current Market Cap: HK$3.56B
For detailed information about 2582 stock, go to TipRanks’ Stock Analysis page.