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For Yihuatong, this acquisition not only secures a stable hydrogen supply source but, more importantly, enables the company to reduce production costs and improve operational efficiency through entire industry chain integration, thereby gaining a more advantageous position in the fiercely competitive market. Additionally, the integration is expected to bring technological synergies, driving innovation and upgrades in hydrogen production and fuel cell systems.
Meanwhile, Jilin Electric Power Co., Ltd. ("Jidian Shares") also announced positive news. The company has secured an entrusted loan of 2.5 billion yuan, which will primarily be used for the development of green hydrogen-based energy projects. As a publicly listed firm under the State Power Investment Corporation (SPIC), Jidian Shares has already established a significant presence in the hydrogen energy industry. This substantial funding support will undoubtedly inject strong momentum into the development of its hydrogen energy business.
The funds will mainly be allocated to R&D and equipment procurement for hydrogen production, storage, transportation, and application. By increasing investment, Jidian Shares is expected to further accelerate the implementation and construction of hydrogen energy projects, promoting the large-scale development of the hydrogen energy industry. This will also create new business growth opportunities and enhance profitability for the company. More importantly, this financing will strengthen Jidian Shares' market position in the hydrogen energy industry, laying a solid foundation for its future development.
In addition, SPIC Hydrogen Energy Technology Development Co., Ltd. ("Guohydrogen Technology") has initiated an IPO underwriting tender, signaling its active preparation for listing on the STAR Market. As a technology-driven enterprise in the hydrogen energy sector under SPIC, Guohydrogen Technology has achieved remarkable results in recent years. This IPO underwriting tender is expected to not only raise more funds to drive its further development in the hydrogen energy industry but also add more highlights to its performance in the capital market.
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