[SMM Enterprise Update] Youmu Technology completes first delivery of Type IV hydrogen storage cylinders in Australia, as the dual-base strategy of "Norwegian technology + Chinese smart manufacturing" takes effect.

Recently, Youmu Technology successfully completed the shipment and delivery of its first batch of Type IV hydrogen storage cylinders to Australia. The fulfillment of this order represents far more than a batch of goods going global; it is a microcosm of a hydrogen equipment enterprise's global expansion moving from strategic vision to commercial realization, marking the transformation of its "Norwegian technology + Chinese manufacturing" dual-site strategy into tangible commercial results for clients worldwide.

As a shareholder and board representative, Lars Erik Lunøe, CEO of UAC, used the term "paradigm shift" to define the deeper significance of this collaboration. He stated that the establishment of Youmu Technology was not simply a relocation of capacity, but a redefinition of how resources are allocated in the global hydrogen industry. Norway's UAC has accumulated nearly two decades of core technology in Type IV hydrogen storage cylinders and built a client network spanning the globe; China possesses unparalleled large-scale manufacturing efficiency and supply chain resilience. When these two forces are deeply integrated within a single plant, the result is not only cost advantages but an entirely new model capable of redefining industry delivery standards. Lars Erik Lunøe revealed that the fulfillment of the Australian order has already validated the feasibility of this business logic. Over the next three years, Youmu Technology will use its Jiaxing production site as a fulcrum to accelerate expansion into Southeast Asia and other markets outside China, making "Norwegian technology + Chinese manufacturing" a standard configuration for global hydrogen infrastructure.

In fact, the investment in the Jiaxing production site was never solely about expanding capacity from the outset. Lars Erik Lunøe emphasized that this investment was aimed at building a manufacturing platform serving clients worldwide, delivering to international markets at greater scale and lower cost. Leveraging its dual production site network in Norway and Jiaxing, China, the enterprise has established a global business footprint covering Asia-Pacific, Europe, and the Americas, enabling it to deliver both technology and products to clients across regions simultaneously. The successful delivery of the Australian project serves as direct validation of the value of this dual-manufacturing strategy.

Zeng Zhiming, General Manager of Youmu Technology, who stands on the front line of execution, places greater emphasis on the delivery capability built behind this order. He explained that from contract signing to first delivery, the project went through the full process of process validation, production line commissioning, and batch quality inspection. What underpins all of this is not only the hardware foundation of a 12,000 m² plant with an annual capacity of 20,000 Type IV cylinders, but also a management system that deeply integrates Norwegian quality standards with Chinese operational efficiency. Zeng Zhiming stated bluntly that in the hydrogen industry, delivery certainty is the greatest business credibility, and the value of this Australian order far exceeds the revenue of a single batch. It proves that Youmu Technology possesses the certainty to serve top-tier international energy projects. Building on this credibility, the company is advancing in-depth commercial negotiations with multiple clients in Asia-Pacific and the Middle East, and expects the proportion of export orders to increase significantly over the next three to five years, with the goal of becoming the preferred partner for global hydrogen project developers in storage and transportation.

It is understood that Youmu Technology (Jiaxing) Co., Ltd. was established in July 2021 in the Yangtze River Delta (Jiaxing) Hydrogen Energy Industrial Park, jointly invested by Norwegian UAC, an international hydrogen storage and transportation technology enterprise, together with Shengde Investment Holdings, Shuimu Yide Investment, Shandong Binhua Hydrogen Energy, and other institutions. As an industry-leading provider of hydrogen storage and transportation equipment solutions, the company focuses on high-performance composite materials and innovative manufacturing processes, committed to overcoming the storage and transportation bottlenecks in large-scale hydrogen applications and supporting the global transition to zero-carbon transportation and energy.