Jiangsu Guofu Wins RMB55 Million Green Ammonia Hydrogen Equipment Contract

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ) has provided an announcement.

Jiangsu Guofu Hydrogen Energy Equipment said its indirect wholly owned unit Xinjiang Guofu Mingzhi Hydrogen Energy Technology has signed a sales agreement with Hefei Zhongke Hecheng Green Energy for hydrogen production equipment. The RMB55 million-plus contract covers six 1,000 Nm³/h alkaline electrolyzers and related auxiliary systems for a 20,000-tonne green electricity-to-hydrogen flexible synthetic ammonia demonstration base.

The company said the deal marks a key milestone in moving its flexible synthetic ammonia equipment from internal demonstration to commercialization, signaling strong market recognition of its “green electricity–green hydrogen–green ammonia fuel” integrated solution. Management expects the contract to enhance the group’s operating performance and strengthen its positioning as a core equipment supplier for green fuel projects.

The most recent analyst rating on (HK:2582) stock is a Hold with a HK$28.00 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 hydrogen energy equipment manufacturer based in Jiangsu, China, focusing on core systems for green hydrogen production. Through its subsidiaries, the company serves the emerging green fuel sector, providing electrolyzers and integrated solutions that link renewable power with hydrogen and ammonia fuel applications.

Average Trading Volume: 4,235,025

Technical Sentiment Signal: Sell

Current Market Cap: HK$4.32B

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