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Name
/
Code
Industry Offer Price Lot Size Entry Fee Closing Date
Grey Market Date
Listing Date
S.F. Holding
06936.HK
Air Freight & Logistics 32.3-36.3 200 N/A 2024/11/22 2024/11/26 2024/11/27
Jiuyuan Gene
02566.HK
Biotechnology - Medical Devices 11.48-12.56 200 N/A 2024/11/25 2024/11/27 2024/11/28
Mokingran
02585.HK
Watch & Jewellery 12-14.4 200 N/A 2024/11/26 2024/11/28 2024/11/29
Summary
We are a leading hydrogen energy storage and transport equipment manufacturer in China. We develop and manufacture hydrogen energy core equipment used in the entire industrial value chain of hydrogen energy, which consists of its production, storage, transportation, refueling and use. We are strategically located in the Yangtze River Delta, with convenient access to the ports thereof, which have abundant supply chain resources. Leveraging our advantages in geographic location and benefitting from favorable policies in the global and China’s hydrogen energy industry and hydrogen energy core equipment industry, we are dedicated to becoming the center of the global supply chain of hydrogen energy core equipment.

We currently provide four types of hydrogen energy equipment products to our customers, which include: (i) vehicle-mounted high-pressure hydrogen supply systems and related products; (ii) equipment for hydrogen refueling stations and related products; (iii) equipment for hydrogen liquefaction and the storage and transportation of liquid hydrogen; and (iv) water electrolysis hydrogen production equipment and related products.

Since our inception, we primarily focused on the transportation sector in China by developing and manufacturing core components for hydrogen fuel cell vehicles (i.e., vehicle-mounted high-pressure hydrogen supply systems) and equipment for hydrogen energy transportation infrastructure (i.e., hydrogen refueling stations). Leveraging our industry- leading positions in vehicle-mounted high-pressure hydrogen supply systems and equipment for hydrogen refueling stations, we have gained deep insights into China’s hydrogen transportation industry, which allowed us to participate in the commercialization of hydrogen transportation in China. Through our experience in clean energy transportation industry, we discovered that fuel cost is one of the major bottlenecks for the use of hydrogen energy in the vehicle transportation field. By developing core equipment for hydrogen production, hydrogen liquefaction, and storage and transportation of liquid hydrogen, we began to expand our business to the upstream and midstream stages of hydrogen energy industrial value chain with multiple application scenarios. Specifically, we developed the technologies for the storage, transportation of liquid hydrogen. By storing and refueling hydrogen in liquid status, we aim to increase the capacity and efficiency of the storage, transportation and refueling of hydrogen.

In addition, in order to solve the demand for hydrogen production after the construction of hydrogen refueling stations, we developed water electrolysis hydrogen production equipment in 2023 to equip onsite hydrogen production capacity within hydrogen refueling stations. We anticipate that our expanding product offering is expected to reduce the cost of hydrogen energy for end users in the foreseeable future and accelerate the popularization of hydrogen energy in China’s new energy transportation market.

Capitalizing on our insights in the global and China’s hydrogen energy core equipment industry and our strategic layout, we are a leading market player and have gained a series of first-mover advantages in China’s hydrogen energy core equipment industry, and established our brand recognition in offering comprehensive hydrogen energy core equipment used in the entire industrial value chain of hydrogen energy. In particular:

‧ Use — We provide vehicle-mounted high-pressure hydrogen supply systems equipped with Type-III cylinders with two pressure specifications of 35MPa and 70MPa for the use of hydrogen energy.

‧ Refueling — We offer equipment for two types of hydrogen refueling stations (i.e., stationary hydrogen refueling stations and integrated hydrogen refueling stations) and related products, such as portable hydrogen compressor units, unloading units, hydrogen dispenser, among others, for the refueling of hydrogen energy.

‧ Storage and transportation — We have successfully developed (i) hydrogen liquefaction equipment to convert gaseous hydrogen into liquid hydrogen; and (ii) equipment for storage and transportation of liquid hydrogen, such as liquid hydrogen tanks for future intermodal transportation and storage of liquid hydrogen.

‧ Production — We also offer ALK and PEM water electrolysis hydrogen production equipment to our customers. We are one of a few leading companies in China that simultaneously have the manufacturing capability of these two types of water electrolysis hydrogen production equipment, and possess the ability to penetrate a broader spectrum of markets and dynamically choose between ALK and PEM technologies to explore the better balance between cost and efficiency.

Leveraging our insights on hydrogen energy industry and our technological and product advantages in hydrogen energy core equipment industry in China, we are one of a few National Specialized and Innovative “Little Giant” Enterprise (國家級專精特新“小巨人”企業) in the hydrogen energy industry in China. In addition, we have received numerous awards and recognitions for our achievement, including the Key “Little Giant” Enterprises (重點“小巨人” 企業), Quasi Chain Anchor Enterprise in the Hydrogen Energy Industry Chain of New Energy Cluster in Jiangsu Province (江蘇省新能源集群氫能產業鏈中准鏈主企業), Enterprise Included in the Unicorn Incubation Program of Suzhou (蘇州“獨角獸”培育企業), and Gazelle Enterprise in Jiangsu High-tech Industrial Development Zone (江蘇省高新技術產業開發區瞪羚企業).



Source: Guofuee (02582) Prospectus (IPO Date : 2024/11/07)
Listing Market MAIN
Industry Industrial Machinery
Background H Shares
Major Business Area China
Corporate Information
Substantial Shareholders Wu Pinfang & Associates (25.34%)
Zhou Min (6.38%)
Directors Wu Pinfang (Chairman and Executive Director)
Wang Kai (General Manager and Executive Director)
Shi Jian (Executive Director and Secretary to the Board)
Gu Yanjun (Non-Executive Director)
Liu Yilin (Non-Executive Director)
Zhou Lin (Non-Executive Director)
Tong Sze Wan (Independent Non-Executive Director)
Zhang Yongjun (Independent Non-Executive Director)
Zou Jiasheng (Independent Non-Executive Director)
Company Secretary Shi Jian
Wong Hoi Ting
Principal Bankers Shanghai Pudong Development Bank Co., Ltd.
Solicitors Hogan Lovells
Lifeng Partners
Morgan, Lewis & Bockius LLP
Auditors Deloitte Touche Tohmatsu
Registered Office 31/F., Tower Two, Times Square, 1 Matheson Street, Causeway Bay, Hong Kong
Share Registrars Computershare Hong Kong Investor Services Ltd. [Tel: (852) 2862-8628]
Share Registrars Tel No (852) 2862-8628
Internet Address http://www.guofuhee.com
Email Address gfyx@guofuhee.com
Tel No (86 512) 5898-2355
Fax No
 
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