Apr 24, 2025

Signed Annual Procurement Contract and MOU with ADVAIT, Guofuhee Deepens Collaboration in Indian Hydrogen Market

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.

Mar 28, 2025

Strategic Cooperation Agreement between Guofuhee and Towngas

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.

Apr 12, 2025

Visit to Sarawak - Guofuhee Develops High-Quality Development of Hydrogen Industry in Southeast Asia

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.

Apr 11, 2025

Guofuhee Officially Lands in Hong Kong As A Key Enterprise

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.

Apr 8, 2025

Guofuhee South American Green Hydrogen Equipment Base - Selected for Chilean Local Manufacturing Incentives

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.