BRIEF: SinoHytec’s annual loss widens on weaker fuel cell sales
Hydrogen fuel cell systems developer Beijing SinoHytec Co. Ltd. (2402.HK; 688339.SH) announced on Monday it recorded a net loss a of 618.5 million yuan ($91 million) last year, widening 36.9%…
BRIEF: Guofu Hydrogen signs two agreements worth nearly $11 million
Hydrogen fuel technology company Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) said on Tuesday it agreed to supply a 20 MW hydrogen production system to GF Hydrogen Africa Sarl…
Guofu eyes nuclear fusion as its hydrogen vehicle business stalls
The hydrogen fuel technology maker said it won a small contract to supply a national-level project working on experimental nuclear fusion Key Takeaways: Guofu Hydrogen will supply 3.2 million yuan…
BRIEF: Guofu Hydrogen raises $12.8 million through share placement
Hydrogen energy equipment manufacturer Jiangsu Guofu Hydrogen Energy Technology Equipment Co. Ltd. (2582.HK), said on Wednesday that it will place about 2 million new shares for HK$50.13 each, raising about…
BRIEF: Guofu Hydrogen raises $11.67 million via share placement at 17% discount
Hydrogen storage and transportation equipment maker Jiangsu Guofu Hydrogen Energy Equipment Co. Ltd. (2582.HK) announcedon Sunday that it will place up to 1.73 million new Hong Kong-listed shares at HK$54…
China plays defense on EV batteries, offense on hydrogen
China rolls out new rules restricting the export of cutting-edge technology for EV battery manufacturing. How will this affect Chinese battery makers setting up factories abroad? And hydrogen fuel cell maker Refire reports its revenue fell 10% in the first half of the year. What does this say about a Chinese sector that's getting huge government support, but has yet to find a mass audience?
A hydrogen listing, and a new China toy story
A young company called Scage is close to listing in New York through a backdoor SPAC merger. Is it really worth the high valuation it's seeking? And 52Toys has hired an investment bank for a Hong Kong IPO. Will it be able to sell investors on its toy story of rapid expansion and hot collectibles?
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