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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 announced a strategic change in the allocation of proceeds from its initial public offering. The company plans to redirect approximately RMB72.3 million, initially intended for expanding production facilities, towards investment and cooperation in hydrogen projects in China and overseas. This shift aims to enhance the company’s involvement in hydrogen production plants, refueling stations, and liquefaction plants, potentially strengthening its position in the global hydrogen market.
More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. operates in the hydrogen energy sector, focusing on the production of hydrogen production equipment, Type-III and Type-IV cylinders, and related technologies. The company is committed to expanding its market presence in hydrogen projects both domestically in China and internationally.
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