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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. announced that it has completed the delivery of 424 sets of independently developed vehicle-mounted high-pressure hydrogen supply systems for fuel cell buses deployed in Guangzhou’s green and low-carbon public transport demonstration projects, part of a national hydrogen energy demonstration city cluster and currently the largest hydrogen energy bus project in China. The company said the project strengthens its market position, brand recognition and competitiveness in the hydrogen transportation industry, deepens its long-term strategic presence in the Pearl River Delta through closer cooperation with leading enterprises and local authorities, and is expected to have a positive impact on its operating and financial performance, subject to audited results.
The most recent analyst rating on (HK:2582) stock is a Sell with a HK$26.00 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 Chinese hydrogen energy equipment manufacturer focused on vehicle-mounted high-pressure hydrogen supply systems and other core components for hydrogen fuel cell vehicles, serving the hydrogen transportation sector and broader hydrogen energy applications in mainland China.
Average Trading Volume: 2,865,438
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.24B
See more insights into 2582 stock on TipRanks’ Stock Analysis page.