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Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has issued an announcement.
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has signed a pre-purchase order agreement with Line Hydrogen (Australia) Pty Ltd, in which it holds a 14% stake, to supply hydrogen energy equipment and related services for hydrogen projects in Tasmania, Australia. The planned scope includes water electrolysis hydrogen production systems, complete hydrogen refueling station equipment, multiple element gas container units, and installation, commissioning, training, and operation and maintenance services, marking a key step in the company’s internationalization strategy and intended entry into the Australian hydrogen market, which could enhance its global presence and reduce project development risks if the arrangements proceed to formal procurement contracts.
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 China-based hydrogen energy equipment manufacturer that provides complete sets of water electrolysis hydrogen generation systems, hydrogen refueling station equipment, and related gas storage and service solutions. The company focuses on supplying integrated hydrogen infrastructure and services to support the development of hydrogen energy markets domestically and internationally.
Average Trading Volume: 2,907,327
Technical Sentiment Signal: Strong Sell
Current Market Cap: HK$3.23B
See more insights into 2582 stock on TipRanks’ Stock Analysis page.