Home » The popularity of hydrogen energy has ignited many companies to respond to related business situations_Oriental Fortune Network

The popularity of hydrogen energy has ignited many companies to respond to related business situations_Oriental Fortune Network

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The popularity of hydrogen energy has ignited many companies to respond to related business situations_Oriental Fortune Network

The hydrogen energy industry is gaining momentum in China, with the A-share hydrogen energy sector experiencing a surge in stock prices. More than a hundred stocks in the sector have risen by over 5%, indicating a growing interest in hydrogen energy investments.

Policy support for the hydrogen energy industry has also been significant, with provinces like Shandong and Inner Mongolia releasing plans to promote the development of hydrogen energy. Shandong Province, in particular, has announced initiatives such as exempting highway tolls for hydrogen vehicles, further incentivizing the use of hydrogen energy in transportation. Other provinces like Shanxi, Jilin, Guangdong, and Hebei have also introduced measures to support hydrogen energy production.

Several companies in the industry have responded to the growing interest in hydrogen energy. Narada Power, Compton, Haima Motors, and Yihuatong are among the companies actively engaging in hydrogen energy projects and products. For instance, Haima Motors announced the launch of its hydrogen fuel cell vehicle for small-volume demonstration operations in Haikou.

Brokerage institutions are optimistic about the future of the hydrogen energy industry, citing the potential for green hydrogen to achieve industrialization. CITIC Securities and Great Wall Securities have highlighted the positive developments in the sector, emphasizing opportunities in hydrogen production technology, fuel cell vehicle applications, and hydrogen refueling station construction.

Overall, the hydrogen energy industry in China is on the rise, with increasing policy support, company engagement, and investor interest. The sector is expected to continue its growth trajectory as the country moves towards a more sustainable energy future.

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