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Guofu Hydrogen Secures Major Xinjiang Contract and Launches Middle East Manufacturing Push

Story Highlights
  • Guofu Hydrogen won a RMB150 million Xinjiang green power project, reinforcing its role in large-scale wind-solar-to-hydrogen solutions and supporting China’s dual-carbon goals.
  • The company is building a hydrogen equipment and drone base in Abu Dhabi and, with a RMB560 million backlog, targets RMB1 billion in 2026 orders to drive global expansion.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Guofu Hydrogen Secures Major Xinjiang Contract and Launches Middle East Manufacturing Push

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An update from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) is now available.

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has secured a RMB150 million sales agreement via its Xinjiang subsidiary to supply complete equipment sets for a 300MW new energy–coupled green power project, strengthening its track record in large-scale wind‑solar‑to‑hydrogen projects in Northwest China. Management expects this contract to boost current operating performance, deepen its role in green power coupling and green chemicals, and support China’s dual‑carbon transition goals.

The company’s joint venture Broaden Energy Hydrogen Solutions L.L.C. has also leased land in Abu Dhabi’s Khalifa Economic Zone to build a manufacturing base for hydrogen energy equipment and hydrogen‑powered drones, aiming to enhance its strategic foothold in the Middle East’s new energy and low‑altitude economy sectors. Alongside these moves, Guofu reports an order backlog of about RMB560 million and is targeting total orders of RMB1 billion in 2026, signaling ambitions for accelerated growth and broader international market penetration.

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 integrated solutions that couple wind and solar green power with hydrogen production and related green chemical applications. The group targets large-scale new energy projects and emerging low‑carbon industrial parks in China and overseas markets, including the Middle East.

Average Trading Volume: 4,263,980

Technical Sentiment Signal: Sell

Current Market Cap: HK$3.64B

For detailed information about 2582 stock, go to TipRanks’ Stock Analysis page.

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