Jintongling: Jintongling’s hydrogen energy production line is expected to be mass-produced next year during the construction process

Every time through the AI ​​newsletter, investors ask questions on the investor interactive platform: Hello, your company isResearchChina has replied to the target production capacity of hydrogen fuel compressors of 10,000 units per year, but at the same time replied that it plans to have a market share of 10% during the 14th Five-Year Plan period and 1 million units during the 14th Five-Year Plan period. 10% is 100,000 units. How to achieve the goal with the production capacity of 10,000 units?Please answer thank you

　　Jin Tongling(300091.SZ) said on the investor interaction platform on December 15 that the company signed the “Hydrogen Energy Industry Investment Project Cooperation Framework Agreement” with the Economic and Technological Development Zone of Rugao City, Jiangsu Province in October 2018. See detailsannouncement(Announcement Number: 2018-084).The company registered and established a wholly-owned subsidiary “JiangsuJin TonglingHydrogen Energy Machinery Technology Co., Ltd.” (Jin TonglingHydrogen energy), the main business is the research and development, production and sales of hydrogen fuel air compressors.In December 2019, the company signed the “Joint Development and Cooperationcontract“, see the announcement (Announcement No.: 2020-002), introducing Swiss hydrogen fuel air compressor technology for Jintongling Hydrogen Energy. At present, Jintongling’s hydrogen energy production line is under construction, and mass production is expected next year. The hydrogen fuel air compressor market share target mentioned in the relevant strategic plan of the company’s “14th Five-Year” development plan, the company will continue to follow up and implement it in accordance with factors such as policies, markets, and customer needs.

(Source: Daily Economic News)

Article source: Daily Economic News

Editor in charge: 3

Original title: Jintongling: Jintongling’s hydrogen production line is under construction, and mass production is expected next year