Guofu Hydrogen Energy Collaborates with South Korean Enterprise to Form Consortium for Hydrogen Power Generation Modules, Targeting 1 GW Order for Global Data Centers

On December 6, Jiangsu Guofu Hydrogen Energy Technology Equipment Co., Ltd. (Guofu Hydrogen Energy) completed the signing of an agreement with South Korea's BTE Inc. and Hylium Industries, Inc. in South Korea. The three parties will form a consortium to jointly develop a natural gas reforming hydrogen production PEM power generation module product, providing clean and stable power solutions for global data centers, with the product primarily targeting the US data center market.

I. Cooperation Product and Market Background

1. Core Product Composition: The power generation module is composed of a natural gas reforming hydrogen production unit supplied by Guofu Hydrogen Energy and a fuel cell power generation system supplied by South Korea's BTE. It enables integrated operation of hydrogen production and power generation, providing efficient and environmentally protective power support for data centers.

2. Market Demand Basis: Currently, global energy demand from data centers continues to rise, with green and low-carbon transformation becoming a core industry direction. Hydrogen energy, characterized by its cleanliness, environmental protection benefits, and strong stability, is a high-quality energy solution suitable for this scenario. Particularly, significant demand exists in the US market due to data center power shortages, and South Korea's BTE already has a power supply demonstration project in the US, laying the foundation for product deployment.

II. Cooperation Objectives and Synergistic System

The core objective of this strategic cooperation is to secure no less than 1 GW of global data center-related orders within three years. The three parties will fully leverage their complementary advantages to build a synergistic system encompassing "technology R&D + module manufacturing + market deployment": Guofu Hydrogen Energy will provide technical support for the hydrogen production equipment, South Korea's BTE will be responsible for supplying the fuel cell power generation equipment, and Hylium will undertake product marketing, sales, and deployment work through its wholly-owned subsidiary in the US, forming a full-chain cooperative loop.

III. Strategic Value of the Cooperation

1. Expanding into High-End Overseas Markets: This is a key initiative for Guofu Hydrogen Energy's expansion into high-end overseas markets. Leveraging the cooperation allows for rapid entry into the high-potential global data center hydrogen power supply track, opening up international market opportunities.

2. Deepening Technological Iteration and Upgrades: Through cross-border collaboration with South Korean enterprises, Guofu Hydrogen Energy can further optimize its coupled hydrogen production and power generation technology, achieving advancement in technical capabilities.

3. Promoting Commercial Scenario Deployment: In the future, Guofu Hydrogen Energy will continue to focus on technology as the core and cooperation as the link, deepening international collaboration to facilitate the commercial application of hydrogen energy technology in more emerging scenarios, providing new momentum for enterprise revenue growth.