Hydrogen Online/Text I

1. The Central Committee of the Communist Party of China and the State Council issued the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development".

On August 11, the Central Committee of the Communist Party of China and the State Council issued the "Opinions on Accelerating the Comprehensive Green Transformation of Economic and Social Development", proposing to vigorously develop non-fossil energy, develop new energy sources such as biomass energy, geothermal energy, and marine energy according to local conditions, and promote the development of the whole chain of hydrogen energy "production, storage, transportation and use"; We will build green transportation infrastructure, improve infrastructure networks such as charging (swapping) stations, hydrogen (alcohol) stations, and shore power, and accelerate the construction of urban smart transportation management systems.

2. Notice on the Action Plan for Further Strengthening the Construction of a Standard Measurement System for Carbon Peaking and Carbon Neutrality (2024-2025) was issued

On August 8, the National Development and Reform Commission, the State Administration for Market Regulation, and the Ministry of Ecology and Environment issued the "Notice on Further Strengthening the Action Plan for the Construction of a Carbon Peak and Carbon Neutrality Standard Measurement System (2024-2025)", proposing to accelerate the development of key carbon emission reduction technology standards such as hydrogen metallurgy, raw material substitution, heat pumps, and photovoltaic utilization, and adopt a number of advanced group standards in the field of carbon reduction technology. Formulate technical standards for carbon removal such as ecological carbon sinks, carbon capture, utilization and storage, and introduce general standards for carbon capture, utilization and storage, and related terminology as soon as possible.

3. The "Work Plan for Promoting the Development and Promotion and Application of the Whole Hydrogen Energy Industry Chain in Sichuan Province with Standard Improvement" was issued

On August 6, the Sichuan Provincial Administration for Market Regulation issued the "Work Plan for Promoting the Development and Promotion and Application of the Whole Hydrogen Energy Industry Chain in Sichuan Province with Standard Improvement", proposing that by 2027, we will strive to achieve "zero breakthrough" in the hydrogen-related international standards formulated by our province, lead or participate in the formulation and revision of a number of national standards, formulate and release a number of local standards, promote the formulation of a number of high-quality group standards, and promote the formation of standards for a number of common key technologies and application projects, and the level of hydrogen energy standards in Sichuan will enter the first echelon in the country.

4. Jiangxi issued the "Several Measures to Promote the High-quality Development of the Hydrogen Energy Industry" (draft for comments).

On August 9, the Jiangxi Provincial Development and Reform Commission issued the "Several Measures to Promote the High-quality Development of the Hydrogen Energy Industry" (draft for comments), proposing to lay out and build the "Gansu-Gansu Hydrogen Economic Corridor" with "Jiujiang-Nanchang-Ji'an-Ganzhou" as the axis, and determine Jiujiang City as the "Provincial Hydrogen Economy Opening Pilot Zone", focusing on the development of hydrogen energy industry along the river and lake featuring hydrogen-powered ships, and exploring the application of hydrogen energy in petrochemical, metallurgy, steel and other aspects; Nanchang City is determined to be the "Provincial Hydrogen Energy Industry Science and Technology R&D Center", focusing on the R&D and application of hydrogen fuel cell vehicles and the research and application of hydrogen fuel power in the aviation field. Support the construction of hydrogen refueling stations, hydrogen production and hydrogen refueling integrated stations, hydrogen refueling stations within 30 kilometers of hydrogen refueling stations, hydrogen electrolysis hydrogen production stations, renewable energy hydrogen production projects such as solar and wind energy, and "wind-solar-hydrogen integration projects" in compliance parks.

5. Chengdu started the application for high-quality development projects of the hydrogen energy industry

On August 6, the Chengdu Municipal Bureau of Economy and Information Technology issued the "Notice on Organizing and Carrying out the Application for High-quality Development Projects of Chengdu's Hydrogen Energy Industry in 2024", clarifying that 15 projects can be declared in this period, such as reducing the cost of hydrogen storage enterprises, reducing hydrogen transportation costs, supporting the construction of hydrogen refueling stations, subsidizing the operation of hydrogen refueling stations, and expanding the application scale of key components in the industrial chain, with the application cycle ranging from January 1, 2023 to August 9, 2023.

6. The Special Work Plan for the Renewal of Large-scale Facilities and Equipment in the Transportation Field of Shanghai (2024-2027) was issued

On August 7, the Shanghai Municipal Transportation Commission, the National Development and Reform Commission and other five departments jointly issued the "Special Work Plan for the Renewal of Large-scale Facilities and Equipment in the Transportation Field of Shanghai (2024-2027)", proposing to scrap the old buses in a timely manner, pilot fuel cell buses according to local conditions, and actively encourage the pilot of new energy long-distance passenger vehicles and hydrogen fuel cell vehicles to carry out demonstration applications; Actively promote the application of hydrogen fuel cell vehicles in the field of freight transportation, promote the research and development and application of hydrogen fuel cell vehicles, accelerate the improvement of hydrogen refueling stations and other infrastructure, and provide a strong guarantee for the promotion of hydrogen fuel cell vehicles; Support the development of new energy fuel ship financial leasing enterprises and marine power battery box leasing.

7. The "Yunfu City Carbon Peak Implementation Plan" was issued

On August 5, Yunfu City, Guangdong Province issued the "Yunfu City Carbon Peak Implementation Plan", proposing the orderly development of hydrogen fuel cell vehicles, by 2025, all new or updated buses in the city will use electric vehicles or hydrogen fuel cell vehicles, and the proportion of new energy vehicles used in new or updated urban logistics distribution, postal express special distribution tricycles, and light sanitation vehicles in counties (cities and districts) will reach more than 80%. orderly promote the construction of infrastructure such as charging stations (piles), supporting power grids, and hydrogen refueling stations; Organize scientific research forces to focus on key areas of hydrogen energy, vigorously support hydrogen energy enterprises to break through key core technologies such as fossil fuel hydrogen production technology, hydrogen compression and storage technology, and hydrogen fuel cell vehicle key parts technology, and actively apply for and undertake major scientific and technological projects at the provincial and municipal levels.

2. Construction of hydrogen production and hydrogen refueling stations

8. Trial operation of the second phase of the Xinyuan hydrogen hydrogen refueling mother station project

Recently, the second phase of the Xinyuan hydrogen hydrogen refueling mother station project invested by Lingang Holdings has been successfully started, with a project scale of 7,000 standard cubic meters per hour and an annual production capacity of about 5,000 tons. It is reported that the project is located in the Lingang area of Tianjin Port Free Trade Zone, mainly extracting the rich hydrogen produced in the production process of Bohai Petrochemical, which can meet the energy demand of more than 3,000 hydrogen fuel cell vehicles after it is put into operation.

3. Market/demonstration situation

9. In July 2024, 900 fuel cell vehicles will be produced and 779 units will be sold

On August 9, the China Association of Automobile Manufacturers (CAAM) announced the production, sales and operation of fuel cell vehicles in July, of which the production and sales of hydrogen fuel cell vehicles were 900 and 779 respectively, an increase of 272% and 181.2% year-on-year, respectively. From January to July 2024, the cumulative production and sales of hydrogen fuel cell vehicles were 3,673 units and 3,423 units, respectively, up 34.2% and 27.4% year-on-year, respectively.

10. Geely and Dongfeng jointly delivered 100 hydrogen heavy-duty trucks

On August 6th and 7th, Geely Yuanyuan New Energy Commercial Vehicle Group Co., Ltd. and Dongfeng Liuzhou Automobile Co., Ltd. respectively delivered 100 high-power, long-endurance and low-hydrogen energy heavy trucks to Rongcheng Xinneng (Tianjin) Hydrogen Energy Technology Co., Ltd., which were equipped with Rongcheng Xinneng's own brand Fe6-150kw hydrogen fuel cell system, CIMC ENRIC's hydrogen supply system, and Mongoli's power battery, which will be successively put into the Beijing-Tianjin-Hebei Bohai Rim region interprovincial trunk logistics, steel, Bulk material transportation scenarios such as ports. It is reported that after the delivery of the vehicle, the number of Rongcheng Xinneng hydrogen energy heavy trucks reached 559.

11. Guangdong Hydropower signed a 500,000-ton green methanol project

On August 9, Guangdong Hydropower Energy Group reached a strategic cooperation framework agreement with the People's Government of Huanan County, Jiamusi City, Heilongjiang Province, Heilongjiang Hongzhan Biotechnology Co., Ltd., and Jiangsu Dafu Integrated Equipment Technology Co., Ltd. to jointly develop an integrated project of wind power hydrogen production and synthesis of green methanol in Huanan County, with a total investment of about 14 billion yuan, of which the overall investment in the first phase is about 7 billion yuan. It is planned to build a 0.85GW centralized wind power project, and support the construction of a green methanol project with an annual output of 250,000 tons. According to the agreement, Guangdong Hydropower Energy Group, Hongzhan Biotech or its designated unit and Dafu Technology will establish an integrated project company for wind power hydrogen production and green methanol synthesis in Huanan County as the main body of investment, construction, operation and management of the project.

12. The first long-distance high-pressure pipeline with hydrogen doping transportation capacity in China passed the acceptance

Recently, the first long-distance high-pressure pipeline project Baotou-Linhe gas pipeline project (2#-5# valve chamber) with hydrogen transportation capacity undertaken by Sinochem Huayou Construction Group successfully passed the initial acceptance, with a total investment of 910 million yuan, a total length of 258 kilometers, and a maximum gas transmission capacity of 1.2 billion cubic meters / year, which is a key natural gas infrastructure project in Inner Mongolia Autonomous Region, and the whole line is expected to be put into trial operation at the end of August, and the goal of achieving production and supply guarantee will be achieved in October.

13. Trina Hydrogen's 1.5GW hydrogen production equipment project was approved

On August 6, Trina Hydrogen Yangzhou Technology Co., Ltd. with an annual output of 1.5GW water electrolysis hydrogen production system equipment production project was prepared, with a total investment of 720 million yuan, will build a new production line with an annual output of 300 sets of hydrogen production equipment, and the first phase plans to build a new production line with an annual output of 200 sets of hydrogen production equipment. After the completion of the project, it can form an annual production capacity of 1.5GW of water electrolysis hydrogen production system equipment.

14. Qinghai Haixi Hydrogen Energy Project was launched

On August 6, the Salt Lake Industry Green High-end New Materials and Hydrogen Energy Comprehensive Utilization Project invested 5.2 billion yuan by Continental Hope Group was launched in Delingha Clean Energy and Equipment Manufacturing Industrial Park, Haixi Mongolia and Tibetan Autonomous Prefecture, covering 500,000 tons of sodium chlorate, potassium perchlorate, sodium perchlorate, ammonium perchlorate, sodium chlorite, liquid ammonia and other products and supporting hydrogen energy comprehensive utilization construction, the project is expected to achieve an annual output value of 5.1 billion yuan after it is put into operation.

15. Huachang Energy delivered 40 hydrogen energy heavy trucks

On August 8, the delivery ceremony of 40 sets of 49-ton hydrogen fuel tractors produced by Huachang Energy was held in Suzhou Jinlong, and the batch of hydrogen energy heavy trucks was delivered by Suzhou Jinlong to Zhangjiagang Yunchang Logistics for use, which was equipped with a 120kW hydrogen fuel cell system independently developed and produced by Huachang Energy.

Fourth, enterprise dynamics/cooperation

16. Qingji Energy, Hydrogen Road Technology and Vixen Logistics jointly launched the green strategy of cross-border logistics between Guangdong and Hong Kong

On August 8, Foshan Qingji Energy Co., Ltd., Hong Kong Hydrogen Road Technology Co., Ltd. and Hong Kong Weixin Logistics Co., Ltd. held a tripartite strategic cooperation agreement signing ceremony, and the three parties will jointly explore new models and paths of hydrogen cross-border logistics through the integration of resources, which will effectively promote the deep integration and coordinated development of the hydrogen energy industry chain in Guangdong and Hong Kong.

17. GUOFUHEE signed a contract with ZKTeco and other three parties

Recently, Jiangsu Guofu Hydrogen Energy Technology and Equipment Co., Ltd., Beijing Guofu Wanjia Hydrogen Energy Technology Co., Ltd., and ZKTeco Co., Ltd. signed a strategic cooperation agreement in Hangzhou, under which the three parties will carry out in-depth cooperation in the field of hydrogen production, and jointly create an integrated full set of software and hardware control solutions covering on-site electrical instrumentation and control equipment, OTS simulation, industrial information security, etc., as well as customized wind, solar and hydrogen storage coordination control and scheduling optimization solutions for large-scale wind and solar hydrogen production application scenarios.

18. Weifu Hi-Tech promotes overseas hydrogen fuel cell research and development

On August 7, Weifu Hi-Tech announced that it would further promote the production capacity and R&D capacity building of membrane electrodes and graphite bipolar plates, the core components of hydrogen fuel cells in Europe and North America, and planned to increase its capital by 162 million Denmark kroner to its wholly-owned subsidiary IRD Fuel Cells A/S through its wholly-owned subsidiary Weifu Holding ApS with its own funds. After the completion of this capital increase, the company still indirectly holds 100% of the equity of IRD.

19. Hedlisen signed a strategic cooperation agreement with Zhongyu Smart Energy

On August 5, Beijing Hedlison Technology Co., Ltd. and Beijing Zhongyu Smart Energy Co., Ltd. held a strategic cooperation signing ceremony in Beijing, and the two sides will carry out in-depth cooperation in the whole chain of production, storage, transportation, processing and use of hydrogen energy industry, promote the breakthrough and application of hydrogen energy technology, and accelerate the commercialization process of hydrogen energy industry.

20. Hubei's first hydrogen off-grid supercharging station was signed

On August 6, the first hydrogen off-grid supercharging station project of Hubei Expressway was successfully signed in Wuhan, which was jointly built by Chutian Expressway and reshaping energy, hydrogen accumulation and other leading enterprises in the hydrogen energy industry, according to the strategic cooperation agreement, the three parties will establish a long-term, comprehensive and in-depth strategic partnership in accordance with the strategic policy of "complementary advantages and win-win cooperation", and jointly lay hydrogen off-grid supercharging stations along Hubei Expressway, provide supercharging services for new energy vehicles, and accelerate the commercial application of hydrogen off-grid supercharging stations.

21. China Hydrogen New Energy was injected by the Bush Fund

On August 8, at the International High-end Dialogue Forum on the Global Development of the Hydrogen Energy Industry, the George · Bush Fund for U.S.-China Relations announced that its Sky Tower Investment Company would inject one billion US dollars into China Hydrogen New Energy Technology Co., Ltd. It is reported that China Hydrogen New Energy Technology Co., Ltd. was registered and established in Beijing in 2016, and currently has more than 120 technical patents in the research and development and market application of methanol reforming hydrogen production technology, hydrogen energy storage, hydrogen fuel power generation system, etc.

22. Geely Interstellar's first alcohol-hydrogen electric road bus was officially released

On August 9, Geely Interstellar Bus independently developed the first alcohol-hydrogen electric road bus U11M in Nanchong, Sichuan mass production off the assembly line, the car is equipped with Geely independent research and development of 6L methanol engine, the vehicle mileage of more than 600km, energy replenishment takes about 10 minutes, the vehicle meets the new energy technology standards, the use of new energy licenses, not subject to urban areas and scenic spots and other emission standards, can enjoy new energy tax incentives and right-of-way policies.

23. EVE Hydrogen Energy's "Wukong" series AEM hydrogen production system was released

On August 8, EVE Hydrogen Energy released the "Wukong" series of AEM hydrogen production system products in Guangzhou, the standard hydrogen production module of this product is a 5kW AEM electrolyzer, with a DC power consumption of 4.5kWh/Nm3 at 100% load, and the hydrogen production module can be flexibly stacked according to actual needs, which is suitable for 1-200Nm³ hydrogen production scenarios.

5. Market performance

24. Weekly performance of the Hydrogen Index

From August 5th to August 9th, the CSI Hydrogen Energy Index (931229. CSI) fell 3.08%, the Shanghai Composite Index fell 1.49%, and the CSI 300 Index fell 1.56%. In terms of individual stocks, the top five companies in the hydrogen energy industry are: Jiahua Energy (600273. SH, 5.43%), Sungrow Power Supply (300274. SZ, 4.96%), Tianneng shares (688819. SH, 1.59%), Donghua Energy (002221. SZ, 1.23%), Foran Energy (002911. SZ，0.49%）。