SinoHytec shifts to hydrogen power storage. But is it too little too late?
The maker of hydrogen fuel cell systems will redeploy 300 million yuan of its IPO proceeds to repay bank loans and for general working capital Key Takeaways: SinoHytec will redeploy…
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?
