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The latest update is out from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ).
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has entered into a strategic cooperation agreement with South Korean companies BTE Inc. and Hylium Industries, Inc. to develop and manufacture natural gas reforming hydrogen production PEM power generation modules. These products will be marketed to U.S. data centers, addressing electricity shortages and aiming to secure significant orders, which could boost the company’s revenue growth.
The most recent analyst rating on (HK:2582) stock is a Hold with a HK$43.00 price target. To see the full list of analyst forecasts on Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H stock, see the HK:2582 Stock Forecast page.
More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. is a company based in China that specializes in the development and manufacture of hydrogen energy equipment. The company focuses on producing natural gas reforming hydrogen production equipment and aims to serve various markets, including data centers in the United States.
Average Trading Volume: 2,442,745
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$4.2B
Find detailed analytics on 2582 stock on TipRanks’ Stock Analysis page.