NETDA inks a strategic cooperation agreement with SPIC Hydrogen Energy Tech and Zhuangtian Hua Hydrogen Co. [Photo/WeChat account: gh_78ba52d6e1ed]

With the help of the Investment Promotion Agency under the Ministry of Commerce, the Nantong Economic and Technological Development Area (NETDA) recently reached strategic cooperation with SPIC Hydrogen Energy Tech to develop its hydrogen energy industry.

In collaboration with SPIC Hydrogen Energy Tech and Zhuangtian Hua Hydrogen Co, NETDA will regard hydrogen energy as an important way to foster new quality productive forces and develop future industries.

The development area will increase its support for the industry, establish platforms for its development, and improve the industrial ecosystem.

Participants of the signing ceremony pose for a photo at the Investment Promotion Agency. [Photo/WeChat account: gh_78ba52d6e1ed]

Meanwhile, the area will further deepen its cooperation with the two enterprises so as to leverage their strength in hydrogen energy and delve into key sectors such as the production, storage, and utilization of hydrogen and hydrogenation.

Founded in 2017, SPIC Hydrogen Energy Tech is a hydrogen energy-specific tech enterprise under the flagship of State Power Investment Corp. The enterprise is the only of its kind in China to achieve independent production of key materials and components for fuel cells and the most valuable unicorn enterprise in China's hydrogen energy industry.

Zhuangtian Hua Hydrogen Co specializes in hydrogen refueling stations and key equipment for hydrogen production by electrolytic water and is capable of manufacturing hydrogen dispensers, diaphragm compressors, liquid hydrogen pumps, and alkaline electrolyzers.