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Thursday, March 5th, 2026

Jiangsu Guofu Hydrogen Signs Tripartite Agreement for 10MW Hydrogen Data Center Project in North America 1




Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Announces Major Overseas Expansion with 10MW-Class Data Center Project

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Announces Major Overseas Expansion with 10MW-Class Data Center Project

Key Points of the Announcement

  • Significant Tripartite Agreement Signed: On March 4, 2026, Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (“the Company”) entered into a tripartite supply cooperation agreement with BTE and Hylium. This agreement marks a major step forward in the Company’s strategic expansion into the North American market.
  • 10MW-Class Data Center Power Generation Demonstration Project: The parties will collaborate on a 10MW-class data center power generation demonstration project in North America. The Company will be responsible for the design, manufacture, and supply of a natural gas reforming hydrogen production system package, as well as the provision of related technical services.
  • Collaborative Roles: Within this project, Hylium will be responsible for the engineering system for customer delivery, while BTE will handle the power generation system.
  • Strategic Importance: This agreement not only represents a critical milestone in the Company’s overseas market expansion and multi-scenario hydrogen energy application strategy, but also enhances its international competitiveness and brand influence.
  • Addressing Industry Challenges: The initiative aims to tackle severe power shortage challenges faced by the global data center industry, offering innovative solutions that provide robust energy support for the green and sustainable development of AI and cloud computing infrastructure.
  • Potential Revenue Impact: The Board believes that the successful implementation of the demonstration project will have a positive impact on the Group’s revenue.

Details Crucial to Shareholders and Investors

  • Potentially Price-Sensitive Information: The announcement signals Jiangsu Guofu’s entry into the North American data center energy market, a move that could significantly boost the Company’s revenue streams and global profile. The focus on hydrogen-based, clean energy solutions in data centers aligns with global trends toward sustainability and AI/cloud infrastructure expansion—factors likely to attract investor interest and potentially move the share price.
  • Strategic Collaboration: The collaboration with established international partners (BTE and Hylium) may enhance technological capabilities and provide access to new markets.
  • Expansion of Hydrogen Energy Application: The project underlines the Company’s strategy to deepen the multi-scenario application of hydrogen energy, opening doors for more diversified business opportunities worldwide.
  • Risk Factor: The Company explicitly advises shareholders and potential investors to exercise caution when dealing in H shares, as the announcement is a voluntary update and the project’s success is subject to execution and market conditions.

Management and Corporate Governance Update

The announcement was signed by Mr. Wu Pinfang, Chairman of the Board and Executive Director. As of March 5, 2026, the Company’s Board comprises:

  • Executive Directors: Mr. Wu Pinfang, Mr. Wang Kai
  • Non-Executive Directors: Mr. Gu Yanjun, Ms. Liu Yilin, Ms. Zhao Jing
  • Independent Non-Executive Directors: Ms. Tong Sze Wan, Mr. Zhang Yongjun, Dr. Zou Jiasheng

Disclaimer

This article is for informational purposes only and does not constitute investment advice. Shareholders and potential investors are advised to exercise caution when dealing in the shares of Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. The realization of future business prospects, including the demonstration project, is subject to various risks and uncertainties.




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