Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Wins Major Cryogenic Systems Project
Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Announces Major Win in National Fusion Research Project
Key Highlights
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Successful Bid for National Project: Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (“Guofu Hydrogen” or “the Company”) has secured the contract for the 80K cold box procurement project at the Institute of Plasma Physics, Hefei Institutes of Physical Science, with a bid amount of RMB 3.2 million.
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Strategic Significance: The project is directly linked to the development of critical cryogenic systems for a national-level nuclear fusion research platform, providing crucial engineering support for the stable operation of these advanced scientific facilities.
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Alignment with National Policy: This project is in line with the goals outlined in China’s 15th Five-Year Plan, underscoring its importance at the national strategic level.
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Expansion Beyond Hydrogen Energy: Guofu Hydrogen has built on its technological breakthroughs—such as delivering China’s first 10-ton hydrogen liquefaction unit—to develop core capabilities in cryogenic heat exchange, cold box system engineering, reliability design, and delivery systems.
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Entry Into Nuclear Fusion Sector: The successful bid marks the Company’s foray into the integration of cryogenic engineering for nuclear fusion applications, expanding its business beyond the hydrogen energy sector and opening up new sources of revenue.
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Synergies Between Future Energy Technologies: The project creates a bridge between hydrogen energy and nuclear fusion, two emerging and potentially transformative energy technologies.
Details of the Project and Its Strategic Importance
On February 13, 2026, Guofu Hydrogen announced that it had won the competitive bid for the 80K cold box procurement project at the Institute of Plasma Physics, part of the Hefei Institutes of Physical Science. This cold box is a core component of the cryogenic systems that underpin the stable operation of a national fusion research platform. As the world races towards fusion energy as a clean and nearly limitless power source, Guofu Hydrogen’s involvement positions the Company at the heart of this future energy revolution.
The project is valued at RMB 3.2 million and is expected to provide both engineering prestige and a new revenue stream for the Group. It also demonstrates the Company’s ability to migrate its cryogenic and systems engineering expertise from hydrogen energy into the more technically demanding nuclear fusion sector.
Implications for Shareholders and Investors
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Potential New Revenue Stream: The move into nuclear fusion cryogenic systems could significantly increase the Company’s addressable market and revenue base.
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Strategic Positioning: Being selected for a national-level fusion project signals strong endorsement from government and scientific institutions, potentially leading to further high-profile contracts.
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Synergistic Growth: The integration of hydrogen energy and nuclear fusion expertise may unlock new technological synergies, giving Guofu Hydrogen a competitive edge in both sectors.
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Execution Risk: It is important to note that the transaction is still subject to the final signing of a formal agreement or purchase order. Investors should be aware that until the contract is formally executed, there is some degree of uncertainty.
Board and Management Update
The Company’s executive team, led by Chairman and Executive Director Wu Pinfang, has overseen this significant business development. The Board includes a balanced mix of executive, non-executive, and independent non-executive directors, providing strong governance and oversight.
Shareholder Advisory
Shareholders and potential investors are advised to exercise caution in trading the Company’s H shares, as the transaction’s completion is contingent on entering into a formal agreement. While the announcement is a positive signal, formalization of the contract remains a key milestone.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Investors should conduct their own research and consult professional advisors before making investment decisions. The information presented is based on company disclosures and may be subject to change or further clarification.
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