Following the launch of the Global Hydrogen Equipment Base and the Hydrogen Operation Excellence Strategy, GUOFUHEE has established manufacturing bases and hydrogen operation companies in Europe, Australia and the Middle East to capitalize on the global hydrogen energy market opportunities, and to promote the development of innovative green energy projects with partners from all around the world.  On August 9, 2023, Mr. Wu Pinfang, Chairman of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ("GUOFUHEE") and Ms. Sophia Ng, Director of Australian Institute of Professional Technique ("AIPT"), signed a school-enterprise cooperation agreement in Melbourne, Australia with the main objective of addressing the challenges of global climate change and carbon emissions, and expanding the global hydrogen energy industry deployment of GUOFUHEE. The two parties will work together to train hydrogen energy talents by leveraging their respective strengths. The two sides propose to establish a hydrogen energy technology institute at AIPT's Melbourne Campus, specializing in the training of high-quality and versatile technical talents as well as professional and skillful frontline workers, which will help the company to build an internationalized talent pool, ensure the stable and sustainable development of its global workforce, and lay a solid foundation for building international market competitiveness and implementing the globalization strategy of GUOFUHEE.  The agreement stipulates that GUOFUHEE will provide professional teaching and training for the hydrogen energy technology institute, and deeply integrate the talents with the industry through the application of technology, and refer the qualified trainees to job opportunities in hydrogen energy industry all over the world. AIPT will award certificates and valid diplomas in energy technology and safety accredited by Australian Skills Quality Authority (ASQA). As a Registered Training Organisation (RTO) for vocational education and technical training, AIPT meets the requirements of ASQA and the 2015 Vocational Education and Training (VET) Quality Framework. AIPT is located at Ground Floor, 301-311 Flinders Lane, Melbourne VIC 3000, Australia.

On August 3, 2023, Mr. Wu Pinfang, Chairman of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ("GUOFUHEE"), Ryan Wong, CEO of Evvo Labs, and Goh Lay Poh, representative of Xindongxin Corporate Management Company, signed the Hydrogen Energy Project Strategic Cooperation Agreement at Hilton Singapore Orchard. According to the agreement, the three parties will jointly invest and establish a joint venture company in Singapore to build a new pattern of market development in Southeast Asia by relying on GUOFUHEE's technological advantages in the hydrogen industry chain. Based on the local market of Singapore, the joint venture will lead the development of hydrogen energy projects in Malaysia, Vietnam, the Philippines, Indonesia and other ASEAN countries. Hydrogen energy, as an abundant, green, low-carbon and widely used secondary energy source, is gradually becoming one of the major carriers of the global energy transition. At the Singapore International Energy Week 2022, Lawrence Wong, the Deputy Prime Minister and Minister for Finance of Singapore announced the launch of Singapore's National Hydrogen Strategy, which will develop hydrogen energy as a key decarbonization pathway in support of Singapore's international climate commitment to achieve net zero emissions by 2050. The Strategy sets out to develop low-carbon hydrogen as a key decarbonization route to support Singapore's accelerated transition to net-zero emissions by 2050, while enhancing Singapore's energy security and resilience.  The 70Mpa HRS by GUOFUHEE in Kuching, Sarawak, Malaysia As a major economic and innovation hub in Southeast Asia, Singapore is committed to promoting sustainable development and green energy cooperation. Through this partnership, GUOFUHEE, Evvo Labs and Xindongxin Corporate Management Company have made significant strides in the hydrogen energy sector, bringing more opportunities and innovations to the hydrogen energy industry in Southeast Asia, and promoted the broad application of hydrogen technology in transportation, industry and energy in Singapore and Southeast Asia, and also further enhanced energy diversification and sustainable development in Southeast Asia, making an important contribution to a cleaner, low-carbon future.

ADNOC is an early mover in the production of clean hydrogen, and the station under development in Masdar City will support the UAE National Hydrogen Strategy. Abu Dhabi, UAE – July 18, 2023: ADNOC, today announced that it has begun construction on the Middle East's first high-speed hydrogen refueling station. The station, which is being built in Masdar City by ADNOC, will create clean hydrogen from water, using an electrolyser powered by clean grid electricity. Hydrogen, which creates no carbon dioxide (CO2) emissions when used, has the highest energy per mass of any fuel and can give vehicles a longer driving range and quicker refueling times compared with battery electric vehicles.  ADNOC also announced a partnership with Toyota Motor Corporation (Toyota) and Al-Futtaim Motors to test the high-speed hydrogen refueling station using a fleet of clean hydrogen-powered vehicles.  His Excellency Dr. Sultan Ahmed Al Jaber, Minister of Industry and Advanced Technology and ADNOC Managing Director and Group CEO, said: “The need to reduce carbon emissions to address climate change is clear and urgent. ADNOC is placing sustainability and decarbonization at the heart of its strategy and, while we decarbonize our operations today, we are making robust investments to be a supplier of choice for the clean energies of tomorrow. “Hydrogen will be a critical fuel for the energy transition, helping to decarbonize economies at scale, and it is a natural extension of our core business. Through this pilot program, we will gather important data on how hydrogen transportation technology performs as we continue to develop the UAE's hydrogen infrastructure.” Under the partnership, Toyota and Al Futtaim Motors will provide a fleet of hydrogen-powered vehicles. The pilot program will help ADNOC understand how hydrogen with high-speed refueling can best be used in mobility projects to support the UAE's National Hydrogen Strategy, which aims to position the country among the largest producers of hydrogen by 2031. ADNOC Distribution will operate the station upon its completion later this year. A second station, in Dubai Golf City, will be fitted with a conventional hydrogen fueling system. ADNOC has allocated $15 billion (AED55 billion) to advance and accelerate lower-carbon solutions, investing in new energies and decarbonization technologies to reduce its carbon intensity by 25% by 2030 and enable its Net Zero by 2050 ambition.  

Recently, Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. ("GUOFUHEE") has received good news that the company's 1000Nm³/h alkaline water electrolyzer has successfully obtained the CE certificate and report issued by TÜV Rheinland, an international independent third-party testing, inspection and certification authority. In addition, GUOFUHEE's other key products, such as post-processing modules, are being certified, contributing to GUOFUHEE's leading position in the green hydrogen sector. 1000Nm³/h Alkaline Water Electrolyzer CE Certificate The CE certificate is the result of GUOFUHEE R&D team's continuous efforts. This certification means that the overall safety performance of GUOFUHEE alkaline water electrolysis hydrogen generation system complies with EU norms with globally advanced safety technology, and can be sold in EU countries and other countries that recognize the CE certification. This significant milestone serves as GUOFUHEE's "visa" to access the European market, and proves GUOFUHEE's ability in international market to provide customers with more reliable and efficient green hydrogen equipment solutions. Hydrogen energy, as an abundant, green, low-carbon and widely used secondary energy source, is gradually becoming one of the major carriers of the global energy transition. More and more countries have formulated national hydrogen energy strategies, and the European Union has clearly specified in the European Hydrogen Strategy that hydrogen energy shall be developed progressively to reduce the cost of hydrogen production from renewable energy sources, and to promote the decarbonization of the economy through the large-scale application of green hydrogen, in order to achieve the overall climate goals. The development of the hydrogen industry, and in particular green hydrogen, is one of the most effective measures to achieve zero net carbon emissions and carbon peaking and carbon neutrality. GUOFUHEE 1000Nm³/h alkaline water electrolyzer GUOFUHEE will continue to seek technical innovation and quality improvement, and enhance the R&D and manufacturing of products, thus contributing to the quality and sustainable development of green energy. We will always be customer-oriented, provide customers with whole industry chain solutions, actively participate in the cooperation in the global hydrogen energy industry, jointly promote the application of hydrogen energy technology, and contribute to the global energy transition.

GUOFUHEE and Sacotel Znshine entered into a strategic agreement for long-term sales cooperation in the Middle East markets. Hydrogen economy programs are being actively launched in the Middle East, especially in the GCC countries such as Saudi Arabia, the UAE and Oman which enjoy abundant financial resources, efficient decision-making mechanisms and well-developed infrastructures, making them pioneers in the development of the hydrogen economy.   At the end of May 2023, the Gulf Cooperation Council Interconnection Authority (GCCIA) and the Electric Power Research Institute (EPRI), an independent, non-profit energy research and development organization, co-hosted the second energy storage forum in Dubai. With the theme of "the Road to the Energy Transition at the COP28", the forum called on global financial institutions to invest in energy storage technologies in support of green and renewable energies, with a strong emphasis on hydrogen energy storage technologies. According to data released by the forum, renewable energy is projected to account for 80% of the world's total energy by 2050, but will require annual investments of approximately $1.5 trillion in energy supply and production through 2035. With more than 1,000 hydrogen energy projects announced worldwide and investment expected to reach $320 billion by 2030, the global hydrogen energy sector continues to gain momentum.  In view of the tremendous market, Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd., represented by Mr. Wu Pinfang, and Sacotel Znshine, represented by Ms. Joumana Horsi, entered into a long-term sales cooperation strategic agreement on June 21, 2023 in Downtown Dubai. GUOFUHEE engages Sacotel Znshine to develop market in the Middle East and sell electrolyzer systems and other hydrogen energy equipment to Middle East clients and projects to promote the application of renewable energy. The two parties agreed to jointly provide innovative hydrogen energy solutions for the Middle East region and that in the next five years, Sacotel Znshine will help GUOFUHEE to obtain not less than 500 million dollars of orders in the electrolyzer market, and jointly develop the green hydrogen market for win-win cooperation, which will contribute to the energy transition and sustainable development of the region. The strategic cooperation is of great significance and marks the integration and complementation of the resource advantages of both sides which will join efforts to create a leading edge in the green energy in the Middle East. The two sides are resolved to help cope with climate change and reduce carbon emissions, and respond positively to the call for a global green and low-carbon transition, contributing to the in-depth promotion of the energy revolution and the construction of renewable energy system in the Middle East. The cooperation also represents a solid step of GUOFUHEE towards the goal of becoming an international supplier of high-quality equipment for green hydrogen generation from renewable energy. About Sacotel Znshine Sacotel Znshine is a renewable energy and related environmental consulting and product services company with wide connections and rich resources and understands the demand of the renewable energy industry in the Middle East. The company specializes in marketing and sales, and is good at helping clients understand the technology and providing customized solutions to maximize the advantages of products.

GF Wins Second Prize in the Green Hydrogen Track of UNIDO Global Call 2023.

Fives, a worldwide leader in industrial engineering, and GuofuHee, a leading private supplier of integrated solutions for hydrogen in China, have signed a partnership agreement to jointly support the hydrogen market, with state-of the-art cryogenic equipment and breakthrough technologies. The alliance of two leading hydrogen technology suppliers A technological leader in cryogenics for over 65 years, Fives has been at the forefront of hydrogen development for decades. The Group has over 50 references in hydrogen liquefaction equipment including hydrogen specific brazed aluminum heat exchangers and cryogenic pumps. This collaboration with GuofuHee, a leading private supplier of integrated solution for the entire hydrogen value chain, will enable Fives to continue to support the expansion and optimize the performance of liquid hydrogen installations for the Chinese market, notably for liquefaction, storage, and transportation applications. Since 2019, GuofuHee has been leading the hydrogen market in China, providing and operating supply systems, refueling stations and generation units. The company has had more than 60% average annual growth over the last 5 years. With the support of Fives’ state-of-the art heat exchangers, cold boxes and cryogenic pumps, GuofuHee aims to become the largest provider of hydrogen equipment in China to support a more sustainable mobility. “Fives has been developing cryogenic solutions for the Chinese market for over 15 years and we recently expanded our production capacities locally to answer the growing need for hydrogen equipment. As a pioneer in the decarbonization of Industry, we are thrilled, through this partnership with GuofuHee, to support the development of a local leader and the green mobility worldwide.” declares Frédéric Thrum, Deputy General Manager and President of the Energy Division at Fives.

The Chilean electrolyzer manufacturing base project, jointly undertaken by Guofu Hydrogen Energy Brazil (Guofuhee Brazil) and Chilean company Fastpack SA as part of the Hypack Chile consortium, has been successfully selected for the Corfo "Electrolyzer and Component Localization Manufacturing Program" grant list. According to the official announcement released by Chilean Production Development Corporation (Corfo), the project will receive $6 million in funding from the Chilean government fund, supplemented by $4 million in capital raised by the corporate consortium. The project will establish the first green hydrogen equipment manufacturing base in South America in the Santiago Metropolitan Region and will be integrated into 12.8 GW Green Hydrogen Megaproject planning system in Chile. Leveraging its technical expertise in electrolyzers and the localized engineering design and solutions team at Guofuhee Brazil, Guofu Hydrogen Energy Equipment Co., Ltd. (Guofuhee) is partnering with Fastpack SA—a 30-year veteran in industrial automation and fluid control technologies—to build the electrolyzer manufacturing base. The project will enable localized assembly of alkaline (ALK) and proton exchange membrane (PEM) electrolyzer systems while promoting the domestic production of separation and purification systems. This effort will achieve vertical integration, spanning from core components to system integration. Scheduled to commence operations by mid-2026, the project is expected to create 200 to 450 indirect jobs locally. Corfo has allocated $25.6 million to fund three consortium projects under the "Electrolyzer and Component Localization Manufacturing Plan," aiming to accelerate local manufacturing capabilities for electrolyzers and reduce reliance on imported equipment. José Miguel Benavente, Executive Vice President of Corfo, emphasized: “These hydrogen projects will propel Chile into high-value-added engineering manufacturing, fostering localized employment and knowledge accumulation—a critical step in upgrading the nation’s industrial landscape.” In recent years, the Chilean government has been aggressively promoting the development of the green hydrogen industry, with the goal of becoming a "global green hydrogen export hub." Through strategic support from Corfo’s funds, Chile has officially embarked on an industrial upgrade from a "lithium economy" to a "green hydrogen industry." As a pioneer in the South American market, Guofuhee is collaborating with local partners to provide innovative, full-chain solutions covering "resource development, equipment manufacturing, and green hydrogen applications." Together, they are carving out a new benchmark for "Made in Chile" in the global clean energy market.

On February 25, Guofuhee achieved the first overseas business milestone of 2025. The first batch of 1MW ALK water electrolysis hydrogen production equipment destined for demonstration purposes at Advait Energy Transitions Limited, headquartered in Ahmedabad, India, was successfully shipped from Zhangjiagang. The head of Guofuhee overseas business stated: "India is one of the core markets in our overseas strategic blueprint. We are steadily building and optimizing our overseas industrial chain expansion business model by exporting technology while adopting localized production strategies." The delivered 1MW system will serve two key purposes. First, it will act as the first demonstration platform for Chinese hydrogen production equipment under the high-temperature and high-humidity conditions in India, accumulating equipment degradation data to optimize subsequent product designs. Second, it will integrate with Advait's local storage and transportation facilities for testing, providing a technical model for decarbonization upgrades in key industries across India. This shipment not only marks the first substantive project implemented since the signing of the strategic agreement between the two parties but also represents an important validation attempt by Guofu Hydrogen Energy in applying the "technology synergy + localized manufacturing" model in the Indian market. It lays a solid foundation for further cooperation between the two sides and jointly advancing the development of green energy sector in India. Advait Energy Transitions Limited is a renowned solutions and equipment provider in the fields of power transmission, substations, and telecommunications infrastructure and is a well-known publicly listed company on the Bombay Stock Exchange in India. Over the past year, Advait has actively transitioned into the hydrogen energy sector and quickly reached a strategic cooperation consensus with Guofu Hydrogen Energy. Leveraging its deep industry experience, Advait Group successfully secured a bid under Indian Strategic Interventions for Green Hydrogen Transition (SIGHT) program and received government subsidies for the manufacture and order of 300MW electrolyzers, underscoring its leading position in India's hydrogen energy industry. Advait and Guofuhee will collaborate closely, planning to jointly establish an electrolyzer manufacturing plant in India by 2025. This factory will fully utilize the rich supply chain resources of domestic base of Guofuhee to rapidly achieve localized production and application of electrolyzers in India, aligning with the Indian government’s policy of promoting localization. This marks a substantial step forward in market layout of Guofuhee in India and lays a solid foundation for its deeper engagement in hydrogen energy industry in India. This equipment delivery represents a significant breakthrough for Guofuhee in the Indian market and paves the way for future projects in Southeast Asia, the Middle East, and other regions. As the starting point for overseas market expansion in 2025, the Indian project will provide valuable experience for the positioning in the global hydrogen energy supply chain of Guofuhee and accelerate its global market expansion. Guofuhee will continue to drive the globalization of green hydrogen equipment production, moving toward broader markets.

Recently, Guofuhee, through its Brazilian joint venture Guofuhee Brazil, joined the Parceiros project with SENAI-SP (Electric Power Systems Innovation Institute) in Brazil. This collaboration marks a significant step in promoting hydrogen technology in South America and includes the installation of a 100 kw water electrolysis hydrogen generation system at the SENAI “Comendador Santoro Mirone” school in Indaiatuba for research and teaching purposes. The system will provide hands-on training in advanced technologies, supporting the energy sector transition towards sustainable solutions in Brazil. This initiative coincides with China’s leadership attending the 19th G20 Summit and making a state visit to Brazil, highlighting deepening cooperation between China and Brazil in clean energy. It signifies a milestone for Guofu Hydrogen Energy in the international hydrogen market and reflects shared efforts to drive global hydrogen industry development. SENAI “Comendador Santoro Mirone” is renowned for its programs in energy systems, electrical engineering, industrial automation, and renewable energy technologies. By integrating water electrolysis technology, the school aims to meet the evolving needs of Brazil’s energy sector and support sustainable energy transitions. Through this partnership, new opportunities for R&D in hydrogen energy industry have emerged in Brazil. The collaboration with SENAI focuses on developing industrialization technologies suited to Indaiatuba’s strengths, aiming to establish it as an advanced hydrogen energy innovation hub. This year also marks the 50th anniversary of diplomatic relations between China and Brazil. Over five decades, these nations have built a model of win-win cooperation and shared destiny. Now, Guofuhee Brazil is committed to providing comprehensive hydrogen energy solutions, including production, storage, transportation, refueling, and utilization. A local assembly plant under construction in Ceará State plans to deliver no less than 5GW of water electrolysis systems by 2030, significantly boosting Brazil’s hydrogen industry and contributing to economic growth and job creation. Looking ahead, we are confident that Sino-Brazilian relations will enter a new 'Golden 50 Years,' fostering a more equitable and sustainable community. With abundant clean energy resources in Brazil and leading solutions of Guofuhee, there are promising opportunities for collaboration in clean energy. As the equipment arrives and projects commence, Guofuhee anticipates opening a new chapter of green energy cooperation with Brazilian partners, setting benchmarks for the global hydrogen industry.

On April 8, under the witness of Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region (HKSAR) Government, and numerous officials, the Office for Attracting Strategic Enterprises (OASES) of the HKSAR Government held a key enterprise signing ceremony. The event announced a new batch of major enterprises setting up or expanding their businesses in Hong Kong. ▲ Paul Chan (center, third row) and relevant officials of the Hong Kong Special Administrative Region (HKSAR) Government, Deputy Financial Secretary of the HKSAR Government, Michael Wong (center, second row) Paul Chan, Financial Secretary of the HKSAR Government, witnessed the signing ceremony. In his speech, he stated that key enterprises bring investment, job opportunities, and technology to Hong Kong, while also introducing products and solutions that can transform lifestyles and inspire innovation—factors that Hong Kong values highly. The establishment of key enterprises in Hong Kong will support the city’s development into an international innovation and technology hub. ▲ Paul Chan delivers a speech at the key enterprise signing ceremony Since 2022, the "2022 Policy Address by the Chief Executive of the HKSAR Government" announced the establishment of the "Office for Attracting Strategic Enterprises (OASES)," which is dedicated to providing special supporting measures and one-stop services to key enterprises from mainland China and overseas. Its mission is to attract these enterprises to Hong Kong and jointly promote the development of Hong Kong’s innovation and technology ecosystem. Guofuhee, established in Hong Kong as a key enterprise, has focused on innovating the entire "production, storage, transportation, refueling, and application" hydrogen energy chain since 2016. It leads the nation in onboard hydrogen supply systems and hydrogen refueling station equipment. Notably, its 70MPa hydrogen refueling device is recognized nationally, and its liquid hydrogen equipment breaks international monopolies while filling domestic gaps. Listed on the Hong Kong Stock Exchange on November 15, 2024, Guofuhee is the world’s first company with a full hydrogen energy equipment industrial chain concept. Choosing Hong Kong as its international platform, Guofuhee leverages the city's financial network to accelerate technology capitalization and uses the free port policy for an efficient equipment distribution system. With professional cross-border services, it establishes green hydrogen commercial applications in Hong Kong, aligning technical standards with international markets. ▲ Wang Zhao, General Manager of Guofuhee (Hong Kong), introduces the business and products of Guofuhee to Financial Secretary Paul Chan. The establishment of Guofuhee Hong Kong office marks a new phase of development for the enterprise. With access to the resource advantages of a listed company platform and supported by policies from the HKSAR Government, it will efficiently connect resources from the Greater Bay Area and the global market, injecting new momentum into technological upgrades and project advancement, while building a stronger reputation both domestically and internationally. In the future, Guofuhee, as a leader in hydrogen energy equipment sector in China, will rely on Hong Kong as a strategic node to gradually build a hydrogen energy equipment service network covering Southeast Asia and the Middle East, collaborating with global partners to explore innovative pathways for green energy.

On April 10, 2025, Mr. Wu Pinfang, Chairman of Guofuhee, led a delegation to Sarawak, Malaysia, for in-depth discussions with local government officials and industry representatives on high-quality development and deep cooperation in the hydrogen energy sector. In Kuching, the capital of Sarawak, Mr. Wu met with senior government leaders, including Deputy State Secretary of the Sarawak Ministry of Economic Development, Datuk Muhammad Abdullah Bin Zaidel, and Permanent Secretary of the Sarawak Ministry of Energy and Environmental Sustainability, Abg Ahmad Abg Morni. During the talks, Mr. Wu expressed that Guofuhee aims to collaborate with local partners and renewable energy investment funds to establish a joint venture. Leveraging its advanced technology and equipment manufacturing capabilities, the company plans to invest in building a large-scale green hydrogen liquefaction plant with an initial capacity of 10 tons per day. This initiative will support green hydrogen industry development, commercial operations, and the transition to sustainable energy in Malaysia. Sarawak government representatives welcomed the collaboration, emphasizing that green hydrogen is a key component of the future energy strategy in this region. Under Malaysian national plan, the country aims to achieve a 10GW renewable energy transformation target by 2030. The planned 10-ton-per-day liquefied hydrogen plant will serve as a demonstration project to promote hydrogen-powered transportation and high-value applications in East Malaysia. Both parties held practical discussions on policy support, resource integration, and project implementation, laying the groundwork for deeper cooperation. This visit marks a significant step in the strategic expansion into Southeast Asia for Guofuhee, injecting new momentum into Sarawak’s green energy development. Moving forward, both sides will accelerate the joint venture’s implementation, aiming to establish a regional benchmark for the green hydrogen industry.

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (Guofuhee) and The Hong Kong and China Gas Company Limited (Towngas) signed a strategic cooperation agreement on March 28. The two parties will engage in in-depth collaboration focusing on green hydrogen supply, liquid hydrogen applications, hydrogen blending in city gas, and green methanol production. Leveraging the markets of Hong Kong and multiple regions in mainland China as pivots, they aim to jointly explore commercialization pathways for hydrogen energy. This collaboration will inject new momentum into the technological implementation and global expansion of Guofuhee. This collaboration closely aligns with "Dual Carbon" strategy of China, highlighting the leading position in the fields of hydrogen energy core equipment and green hydrogen supply for Guofuhee. As the industry leader with the largest market share in the mainland's hydrogen refueling station market for five consecutive years, Guofuhee will explore multifaceted cooperation with Towngas. This includes Guofuhee providing internationally certified (ISO, ASTM, etc.) green hydrogen resources through its renewable energy-based hydrogen production base in Inner Mongolia. In the mainland market, the two parties are targeting technological upgrades in hydrogen blending for city gas. Guofuhee will leverage its customized green hydrogen transmission and distribution solutions to support the establishment of hydrogen blending and usage scenarios by city gas companies under Towngas, gradually expanding the application of hydrogen in urban gas systems. Notably, both parties will actively explore utilizing green hydrogen resources from Inner Mongolia to advance the development of green methanol production capacity, further extending hydrogen’s applications across different value chains. Guofu Hydrogen Energy (Hong Kong) Development Co., Ltd., as the core executing entity, will rely on international platform to coordinate the export of liquid hydrogen technology and project implementation in Hong Kong, accelerating the global layout of the industrial chain. This collaboration benefits Guofuhee in two key ways. First, by forming a deep partnership with a century-old energy giant, it validates the applicability of the full-chain "production, storage, transportation, refueling, and usage" technology in the Hong Kong and international markets. Second, it promotes the accumulation of commercialization experience across various hydrogen energy application scenarios, providing benchmark cases for Guofuhee to expand into domestic and overseas markets. Moving forward, the two parties will refine implementation plans through feasibility studies, continuously unlocking the carbon reduction potential of hydrogen energy in the Guangdong-Hong Kong-Macao Greater Bay Area and mainland China, leading the way in creating a new ecosystem for energy transition.

On 24th, Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (hereinafter referred to as "Guofuhee") formally signed a strategically significant cooperation agreement with ADVAIT, an India leading hydrogen system manufacturer, marking a further deepening of collaboration between the two parties in the global hydrogen energy industry. During the conference, Guofuhee and ADVAIT signed an annual procurement contract for a total purchase amount of $5 million worth of alkaline water electrolysis hydrogen generation equipment and core components in 2025. Upon completion of delivery, this equipment will be fully utilized in multiple hydrogen demonstration projects and industrial application scenarios undertaken by ADVAIT in India under the EPC contracting model. This will lay a solid foundation for the successful implementation of hydrogen demonstration projects in India. Prior to this procurement contract, ADVAIT had already purchased a set of alkaline water electrolysis hydrogen generation equipment from Guofuhee in 2024, with the order successfully delivered. The increased procurement scale this time reflects the buyer's and market's high recognition of Guofuhe products. Strengthening cooperation further can accelerate the development of India's green hydrogen industry, demonstrating the shared strategic goals and mutual trust between both parties in promoting the large-scale development of India's domestic hydrogen energy sector. Beyond the framework of the annual procurement agreement, both parties simultaneously signed a Memorandum of Understanding (MoU) to further deepen cooperation in India's hydrogen energy market. Through its collaboration with Guofuhee, ADVAIT successfully won bids twice in the Indian government's "Production Linked Incentive Scheme" (PLI) during 2023-2024, securing a total of 300MW (100MW + 200MW) in subsidies for local production and manufacturing. Moving forward, based on the technical framework of this project and policy coordination, both parties will accelerate the establishment of a 300MW electrolyzer manufacturing base in India. Guofuhee will provide ADVAIT with comprehensive technical support and resource synergy to enhance ADVAIT's localized electrolyzer manufacturing capabilities, thereby contributing to the realization of India's national hydrogen energy strategic goals. Gu Chuanyang (Justin Gu), the head of Guofuhee international business, stated that this $5 million annual framework procurement contract not only reflects the customer's recognition of Guofu's product technology and reliability but also marks an upgrade in the company's overseas business from single equipment exports to systematic cooperation, elevating product trade to industrial collaboration. Through overseas industrial deployment, Guofuhee will be able to participate more deeply in localized operations abroad, promote the construction of local industrial ecosystems, and lay a solid foundation for long-term development and globalization. This cooperation model innovatively combines technology transfer with localized manufacturing—ensuring project supply through annual procurement while jointly building production capacity to strategically position for the medium- and long-term market. According to data from the India Hydrogen Alliance, the country plans to establish 5 million tons per year of green hydrogen production capacity by 2030, with localized equipment manufacturing seen as a key pathway to achieving this goal.

Hong Kong, May 16, 2025​ — Guofu Hydrogen Energy (HK) Development Co., Ltd. celebrated its grand opening at its office in the Bank of America Tower, Central Hong Kong. The ceremony was attended by Mr. Wu Pinfang, Chairman of Guofu Hydrogen Energy Equipment Co., Ltd. (Guofuhee); Ms. Wang Ping, Director of Guofu(HK); Ms. Wang Chao, General Manager of Guofu (HK); alongside distinguished guests including Legislative Council Member Mr. Lau Kwok-fan, Assistant Director of the Electrical and Mechanical Services Department Mr. Wang Lei, Assistant Director of InvestHK Mr. Liu Zhiyuan, OASES Deputy Director Mr. Leung Hoi-wing, as well as representatives from the Construction Industry Council, Sinopec (HK), Shining Capital, BOCI, and other industry leaders. In his speech, Legislative Council Member Mr. Lau Kwok-fan emphasized, "As the world accelerates its transition to a low-carbon economy, Hong Kong is actively advancing sustainable development and green energy technologies. Guofuhee’s establishment of its international headquarters here underscores commitment to green tech and strengthens its role as a bridge linking mainland China with global markets in Hong Kong. We hope Guofu Hydrogen will leverage its strengths, seize opportunities in Hong Kong’s hydrogen sector, and collaborate closely with the government and industry to pioneer innovation in this field." Chairman Wu Pinfang stated, "Hong Kong, as a global financial and innovation hub, provides a strategic foothold for technological advancement and global expansion of Guofuhee. As one of the key enterprises introduced by the Hong Kong SAR Government, we will utilize this international platform to accelerate international certification of core technologies like liquid hydrogen storage and green hydrogen production, while fostering cross-border collaboration in transportation, energy, and industrial applications to drive global low-carbon energy transition." Hong Kong serves as a pivotal international strategic base for Guofuhee, connecting mainland China with global markets. The launch of its Hong Kong subsidiary further advances the strategy of "North-South collaboration and domestic-international synergy for Guofuhee." Guofuhee will accelerate its global expansion, leveraging Hong Kong’s strengths in finance and innovation to build an integrated ecosystem spanning "R&D – manufacturing – application." Through technological innovation and open collaboration, the company aims to empower green development and contribute to a high-quality growth for the global hydrogen industry.