(Yicai Global) Nov. 21 -- Zhangjiagang Furui Hydrogen Power Equipment Co., a subsidiary of Zhangjiagang Furui Special Equipment Co. [SHE:300228], will cooperate with the hydrogen fuel company, Kohodo Hydrogen Energy Co., in Shenzhen, South China's Guangdong province, to build and operate a hydrogen refueling station.
Zhangjiagang Furui signed a strategic cooperation framework agreement with Kohodo Hydrogen, said a company statement issued yesterday. The two parties will cooperate to build a type 1 water electrolysis-based hydrogen refueling station early next year and start operations of two commercial hydrogen refueling stations in accordance with national standards, it said.
Both parties will make joint efforts to facilitate development of the national standards for water electrolysis-based hydrogen refueling stations and carry out international research and development (R&D) cooperation.
Bilateral cooperation will not only boost the technical R&D and industrialization process of water electrolysis-based hydrogen refueling station in China, but will also facilitate the promotion and commercial operation of fuel cell cars, which would create a suitable market environment for the sales of the equipment and products of the listed company, the statement said.