Apr 28, 2026

GUOFUHEE Joins Hands with Thailand’s CP Group Family Fund to Jointly Explore New Tracks in Southeast Asia’s Data Center Power Supply and Hydrogen Energy Equipment

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (“GUOFUHEE”) has entered into a strategic joint venture with a holding company under the family fund of a core member of Thailand’s CP Group. The two parties will establish a new joint venture company to drive the deployment of AI data center power solutions and hydrogen energy infrastructure across Southeast Asia, supporting the low-carbon transition of the regional digital economy and the scaling of the hydrogen industry. This cooperation directly addresses the pressing challenges of power shortages and high energy consumption amid the rapid growth of Southeast Asia’s AI data center sector. Centered on modular power supply products, the joint venture will deliver stable, low-carbon and high-efficiency power solutions for data centers in Thailand and the broader Southeast Asia region, unlocking bottlenecks in the development of computing infrastructure. Under the terms of the joint venture agreement, the new entity will operate as a regional market-focused operator, with three core business pillars tailored to local demand: 1. Low-Carbon Power Solutions for AI Data Centers Leveraging GUOFUHEE’s deep expertise in power generation and distributed energy systems, the joint venture will provide reliable, clean power for AI data centers. This responds directly to the urgent need for green computing infrastructure as Thailand and Southeast Asia advance their digital economies, enabling data centers to achieve low-carbon, high-efficiency and sustainable growth. 2. Hydrogen Mobility and Refueling Network The joint venture will focus on commercializing hydrogen mobility solutions in Southeast Asia, including hydrogen-powered heavy-duty trucks and hydrogen refueling systems based on hydrogen-swapping models. It will also build and operate a network of hydrogen refueling stations in key areas such as Thailand’s Eastern Economic Corridor (EEC) and central Bangkok, creating a fully integrated hydrogen ecosystem spanning production, storage, transportation, refueling and end-use. This will support decarbonization in Thailand’s transportation sector and accelerate the rollout of hydrogen trucks in logistics, port and industrial applications. 3. Smart Drone Ecosystem Development Building on the CP Group’s strong local presence in agriculture and logistics, the joint venture will deploy smart drone solutions for agricultural plant protection and logistics delivery. This will enhance agricultural productivity and digitalization across Thailand and Southeast Asia, while establishing efficient, low-cost drone logistics networks to support the growth of the region’s smart logistics industry.   Thailand has emerged as a key growth engine for Southeast Asia’s digital economy, with its data center market expanding rapidly. According to IDCNOVA monitoring data, there are approximately 60 publicly tracked data center facilities across 8 core markets in Thailand (as of April 2026), placing it among the region’s top-tier data center hubs. True IDC (part of the CP Group ecosystem) currently operates more than 150 MW of power capacity. It launched Thailand’s first AI hyperscale data center in 2025 and announced a new AI hyperscale campus in the EEC region in April 2026 (targeting up to 250 MW), reflecting the market’s strong growth momentum. As leading players including the CP Group accelerate data center infrastructure investments in Thailand, green and low-carbon development has become an industry priority. This landmark partnership will prioritize data center green energy solutions to capture market share, while simultaneously advancing hydrogen mobility and smart drone initiatives. The goal is to build a synergistic ecosystem of “digital energy + hydrogen mobility + smart equipment” across Southeast Asia.   Disclaimer: Industry data and forecasts cited herein are based on publicly available information and are for reference only. They do not constitute any guarantee of future performance.

Jan 18, 2026

GUOFUHEE Jointly Conducts Site Visit in Tasmania, Australia to Accelerate Hydrogen Energy Project Implementation

Recently, led by Chairman Wu Pinfang, GUOFUHEE, together with its subsidiary GUOFUHEE Australia and Line Hydrogen, carried out an intensive multi-day on-site inspection of the hydrogen energy project in Tasmania. This marks a crucial step for the three parties in advancing international cooperation across the green hydrogen energy industrial chain. Centered on the practical implementation of the hydrogen energy industrial chain in Tasmania, the inspection journey was tightly scheduled and highly productive. The delegation first paid a visit to the headquarters of a leading local logistics company, where in-depth discussions were held with the company's management team on end-user application scenarios such as hydrogen-powered heavy-duty trucks and hydrogen fuel cell logistics vehicles. Both sides explored the operational feasibility, cost-effectiveness, and future cooperation directions of hydrogen-fueled vehicles in long-haul transportation, laying a solid market foundation for the subsequent commercialization of hydrogen energy applications. Subsequently, the team conducted on-site surveys of the proposed locations for hydrogen refueling stations. The site layout took comprehensive account of traffic flow, infrastructure connectivity, and safety regulatory requirements, aiming to build a convenient and efficient hydrogen refueling network that provides infrastructure support for the promotion of hydrogen energy vehicles. Meanwhile, the inspection group also conducted field research on the candidate sites for the planned hydrogen production plants, with a focus on evaluating local renewable energy supply, land resources, and transportation conditions to ensure the large-scale and cost-effective production of green hydrogen in the future. In addition, the inspection team held a special meeting with the person in charge of industrial development of the Tasmanian local government. Both sides exchanged views on policy support for the hydrogen energy industry, regional energy transition planning, and supporting measures for project implementation. The local government representative stated that it will actively support the advancement of green hydrogen projects in the region, looking forward to driving local employment, optimizing the energy structure, and fostering low-carbon economic development through the project. Endowed with abundant hydropower, photovoltaic, and wind power resources, Tasmania is regarded as one of the most promising green hydrogen production bases in Australia. The cooperation between GUOFUHEE and Line Hydrogen aims to integrate China's advanced hydrogen energy equipment manufacturing technology with Australia's high-quality renewable energy resources, jointly building a full-industry-chain demonstration project covering hydrogen production, storage and transportation, refueling, and end-user applications. This on-site inspection has provided an important basis for the subsequent feasibility study, engineering design, and investment decision-making of the project. It also demonstrates GUOFUHEE's strategic resolve to promote the development of the hydrogen energy industry through localized cooperation in its global layout. Going forward, the three parties will further deepen collaboration, helping Tasmania emerge as a key hub for the hydrogen energy economy in the Southern Hemisphere and contributing innovative practices to the global energy transition.

Jan 8, 2026

GUOFUHEE Invests in Line Hydrogen and Secures Core Orders for Australian Projects

GUOFUHEE and Line Hydrogen (Australia) Pty Ltd (hereinafter referred to as "Line Hydrogen") have officially signed a business cooperation agreement. This signing marks the deepening of the strategic investment relationship between the two parties — through its investment in Line Hydrogen, GUOFUHEE has successfully secured key equipment orders for the core hydrogen energy project in Tasmania, Australia, which stands as a significant milestone in its intensive development of the Australian market. As a dedicated player in the hydrogen energy sector, GUOFUHEE has laid a solid foundation in Oceania. Its partner, Line Hydrogen, is a high-growth pre-IPO enterprise specializing in green hydrogen, with deep involvement in Australia’s national-level hydrogen energy demonstration projects. The company’s business scope covers hydrogen production, hydrogen refueling, and hydrogen-powered heavy-duty trucks, boasting profound technical expertise in industrial green power solutions. In accordance with the cooperation plan, the two parties will take the lead in jointly advancing the Tasmanian hydrogen energy project in Australia. On the practical cooperation front, GUOFUHEE has successfully locked in a long-term partnership to supply Line Hydrogen with a full set of core equipment, including water electrolysis hydrogen production systems, hydrogen refueling stations, and Multi-Element Gas Containers (MEGC). It will also provide comprehensive services such as installation and commissioning, technical training, and operation and maintenance, ensuring efficient connection across the upstream and downstream of the industrial chain. Additionally, the two sides have established institutional arrangements including priority supply to safeguard the stability and sustainability of the cooperation, with a joint focus on achieving green hydrogen business objectives. Leveraging Line Hydrogen’s local resources and market experience, GUOFUHEE will accelerate the expansion of its presence in the Australian green hydrogen market, promoting the overseas implementation of its equipment technology and full-chain services. Meanwhile, the continuous development and capitalization process of Line Hydrogen will provide solid support for GUOFUHEE’s international layout, further contributing to the large-scale and commercial development of the global green hydrogen industry.