H2Bank and SEIZE Officially Signed a Cooperation Agreement on Hydrogen-Powered Drones

Recently, the Beijing-Saudi Arabia Agricultural New Quality Productive Forces and Sustainable Development Symposium, hosted by the Saudi Arabian government and the Beijing Council for the Promotion of International Trade (CCPIT Beijing), was successfully held in Beijing, China.

The symposium focused on core areas such as modern agricultural innovation, smart agriculture and intelligent equipment, green sustainable development, and ecological protection technologies. H.E. Eng. Abdulrahman Abdulmohsen AlFadley, Minister of Environment, Water and Agriculture of Saudi Arabia, led nearly a hundred representatives from the Saudi Arabian government and enterprises to attend the event. H2Bank New Energy was invited to participate and officially signed a cooperation agreement with Saudi Arabia's SEIZE Company on hydrogen-powered drone collaboration. Zhao Qilin, Chairman of H2Bank New Energy, and Lin Chuangbin, CFO, attended the signing ceremony, witnessed by He Xin, Partner of Silicon Harbor Capital. In the signed agreement, both parties agreed to establish a hydrogen-powered drone R&D and manufacturing center in the Kingdom of Saudi Arabia for application in smart agriculture, jointly promoting the expansion of the Middle Eastern market. The strategic cooperation between H2Bank New Energy and Saudi Arabian agricultural drone enterprises marks the official entry of its hydrogen-powered drone technology into the Middle Eastern market. This signing will drive the application of hydrogen-powered drones in the smart agriculture sector of the Middle Eastern market and lay a crucial foundation for H2Bank's expansion into the global hydrogen-powered drone market.