Guofuhee announced it will cooperate with RCT Group to establish an 1GW electrolyser manufacturing base in Brandenburg by 2026, it would become the first foothold for China’s fast growing hydrogen equipment industry.
Guofuhee is a leading hydrogen production and transportation solution provider in China, its products cover high-pressure hydrogen supply system, hydrogen refueling station, and electrolyser.
According to industry survey, Guofuhee is the largest hydrogen supply system producer for fuel cell applications with a market share of 37% in 2021.
The company ranked No.1 in hydrogen refueling solution providers. The company was established in 2016 and located at Suzhou, Jiangsu province.
Guofuhee is now preparing for its IPO placement, expecting to raise around 2 billion Rmb to support further business expansion. The planed electrolyser manufacturing base in Germany signals the company’s ambition to become a major hydrogen solution provider globally.
Source: China Hydrogen Bulletin