Core Viewpoint - Guofu Hydrogen Energy (国富氢能) is expanding its international presence and partnerships in the hydrogen energy sector, focusing on technology innovation and ecological cooperation to capture global market opportunities [4][5]. Summary by Sections Capital Raising and Investment - On August 31, Guofu Hydrogen Energy announced a placement of 1.73 million H-shares at a price of HKD 54.03 per share, aiming to raise approximately HKD 90.99 million for investments in hydrogen projects both in China and abroad [2]. International Collaborations - In August, Guofu Hydrogen Energy entered into a deep cooperation agreement with Germany's Hemtron GmbH to develop a flexible and efficient liquid hydrogen supply chain [4]. - The company signed a cooperation agreement with Sarawak Port Holdings in Malaysia, focusing on a 10 tons/day liquid hydrogen demonstration project [5]. - In July, Guofu Hydrogen Energy successfully shipped a 50 cubic meter water electrolysis product for a green hydrogen demonstration project in Malaysia [5]. - A joint venture in Singapore plans to establish a 200 kg/day green hydrogen refueling station, initially serving waste collection vehicles [5]. - In June, a partnership was formed with Brazilian entities to develop modular hydrogen stations for green transportation [6]. - Guofu Hydrogen Energy signed a strategic cooperation agreement with Advait Energy in India for the procurement of alkaline water electrolysis equipment worth USD 5 million [6]. Technological Development - The company is focusing on integrating advanced technologies such as ALK and PEM in its hydrogen production and storage solutions to ensure quality and reliability [5]. - Collaborations with various international firms aim to enhance the development of hydrogen power systems and applications in different sectors, including low-altitude economy and renewable energy projects [7]. Market Positioning - Guofu Hydrogen Energy aims to solidify its position as a leader in the hydrogen equipment manufacturing sector in China, leveraging capital, technology, and ecological partnerships to drive innovation and market expansion [4].

Group 1 - Jiangsu Guofu Hydrogen Energy Technology Equipment Co., Ltd. announced a placement of up to 1.73 million new H-shares at a price of HKD 54 per share, raising a total of HKD 93.47 million, with a net amount of HKD 90.99 million [3] - The placement shares represent approximately 2.13% of the enlarged issued H-shares and 1.62% of the total issued shares [3] - The placement price is about 17% lower than the closing price of HKD 65.1 on the previous Friday [3] Group 2 - The company plans to use the proceeds from the placement for investments and collaborations in hydrogen projects in China and overseas, including hydrogen production plants, refueling stations, and hydrogen liquefaction plants [3] - In the first half of the year, the company recorded revenue of HKD 109 million, a year-on-year decrease of 19.2% [3] - The company's loss narrowed from HKD 112 million in the same period last year to HKD 89.25 million [3] Group 3 - On the day following the announcement, the company's stock opened lower and was reported at HKD 64.4, down 1.08% by midday [3]

Core Viewpoint - Guofu Hydrogen announced a placement of 1.73 million H-shares at a price of HKD 54.03 per share, expecting net proceeds of approximately HKD 90.99 million, which will be used for hydrogen energy projects in China and overseas [1] Group 1 - The company plans to utilize the proceeds for investments and collaborations in hydrogen energy projects, including hydrogen production plants, refueling stations, and hydrogen liquefaction plants [1]

Core Viewpoint - Guofu Hydrogen Energy (stock code: 02582) announced a financing plan through the placement of new H-shares, raising approximately HKD 93.5 million, with net proceeds of about HKD 91 million after expenses [1] Group 1: Financing Details - The company will issue 1,730,000 new H-shares at a placement price of HKD 54.03, representing a discount of approximately 17.0% compared to the previous trading day's closing price of HKD 65.10 [1] - The placement price also reflects a discount of about 19.7% compared to the average closing price over the last five trading days [1] - The newly issued shares will account for approximately 2.17% of the existing issued H-shares and about 1.65% of the total issued shares [1] Group 2: Use of Proceeds - The net proceeds of approximately HKD 91 million will be allocated to investments and collaborations in hydrogen energy projects both in China and overseas, including hydrogen production plants, refueling stations, and hydrogen liquefaction plants [1] - The issuance is conducted under a general authorization granted by the shareholders' meeting and is expected to be completed on the settlement date [1] Group 3: Company Overview - Guofu Hydrogen Energy is a leading manufacturer of hydrogen storage and transportation equipment in China, involved in the research, development, and manufacturing of core equipment across the entire hydrogen energy value chain [1]

Core Viewpoint - The company, Guofu Hydrogen Energy (02582), announced a placement agreement to issue up to 1.73 million shares at a price of HKD 54.03 per share, aiming to raise approximately HKD 90.99 million for investments in hydrogen energy projects both in China and overseas [1] Group 1 - The company plans to utilize the funds raised for investments and collaborations in hydrogen energy projects, including hydrogen production plants, refueling stations, and hydrogen liquefaction plants [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其 準確性或完整性亦不發表任何聲明，並明確表示，概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 （於中華人民共和國註冊成立的股份有限公司） 配售協議 本公告僅供參考，並不構成收購、購買或認購證券的邀請或要約。本公告並不構成在美 國或有關要約屬不合法的任何其他司法權區提呈出售或招攬購買任何證券的要約。本公 告及其任何副本不得帶入美國或在美國直接或間接分發。本公告所指證券不會根據 1933 年美國證券法（「證券法」）登記，且未經登記或獲豁免遵守證券法的登記規定，概不得在 美國發售或出售。本公司無意在美國作出證券的任何公開發售。 Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. 江蘇國富氫能技術裝備股份有限公司 於2025年8月29日（交易時段後），本公司與配售代理訂立配售協議，據此，本公司同 意委任配售代理，而配售代理則有條件同意按竭盡所能基準，以每股配售股份54.03 港元的配售價，促成承配人認購合共最多1,730,000股配售股份。 （股份代號：0 ...

Core Viewpoint - Hydrogen energy is positioned as a key component in the transition to clean energy, yet it has not yet achieved significant market penetration due to high costs and inadequate infrastructure [1][2] Industry Overview - The hydrogen energy industry is transitioning from policy-driven to a dual-driven model of "policy + market," indicating a critical development phase [2] - The industry is currently facing challenges such as market competition, pricing pressures, and the need for supportive policies to enhance profitability [3] Company Performance - Guofu Hydrogen's mid-year report shows a revenue of 109 million yuan, with the vehicle-mounted high-pressure hydrogen supply system contributing 91.3 million yuan, reflecting a year-on-year increase of 26.7% [2] - The company has maintained a leading position in the vehicle-mounted hydrogen supply system market, with over 40% of fuel cell vehicles in China equipped with its products [2] - Revenue from hydrogen station equipment reached 13.99 million yuan, indicating steady market expansion [2] New Business Development - The water electrolysis hydrogen production equipment contributed 3.668 million yuan in revenue, primarily from overseas markets, showcasing the company's international competitiveness [3] - Guofu Hydrogen has secured significant contracts, including a 150 million yuan agreement for green hydrogen production equipment, indicating strong future growth potential [5][6] Strategic Initiatives - The company is exploring an integrated business model for green hydrogen, focusing on the entire value chain from production to transportation [6] - Guofu Hydrogen is actively pursuing overseas projects in regions such as the Middle East, North Africa, and Europe, which are expected to enhance its market presence and revenue streams [6][7] Future Outlook - The hydrogen industry is on the brink of explosive growth, and Guofu Hydrogen's strategic investments are anticipated to translate into significant financial performance improvements [7] - The company is well-positioned to capitalize on the anticipated commercialization of hydrogen energy, leveraging its early mover advantage and comprehensive product offerings [5][7]

Core Insights - The hydrogen energy industry is transitioning from policy-driven to a dual-driven model of "policy + market," indicating a critical development phase for the sector [2] - National policies and the scaling of renewable energy are expected to accelerate the cost reduction of hydrogen production, paving the way for large-scale commercialization [1][2] - Guofu Hydrogen (国富氢能) has established a comprehensive layout in the hydrogen energy sector, covering the entire value chain from production to storage, transportation, and utilization [1][2] Financial Performance - In the first half of the year, Guofu Hydrogen reported revenues of 109 million yuan, with the vehicle-mounted high-pressure hydrogen supply system contributing 91.3 million yuan, a year-on-year increase of 26.7% [2][3] - The company’s hydrogen station equipment generated revenues of 13.99 million yuan, reflecting steady market expansion [2] - Despite facing profitability challenges, Guofu Hydrogen's losses decreased by approximately 20.1% year-on-year due to improved receivables recovery and reduced costs [3] Strategic Developments - Guofu Hydrogen has secured a sales agreement for 100 MW green hydrogen production equipment valued at over 150 million yuan, indicating strong future growth potential [4][5] - The company is exploring an integrated business model for green hydrogen, which includes production, liquefaction, transportation, and refueling [6] - Guofu Hydrogen is actively pursuing overseas projects in regions such as the Middle East, North Africa, and Europe, which are expected to enhance its market presence and order volume [6][7] Market Outlook - The hydrogen energy sector is on the brink of explosive growth, with Guofu Hydrogen positioned to capitalize on its first-mover advantage and scale [5][6] - The company is focusing on liquid hydrogen technology, which is seen as a key future development direction due to its advantages in large-scale and long-distance hydrogen transportation [5][6] - Guofu Hydrogen's strategic investments and project developments are anticipated to translate into significant financial growth in the near future [7]

Major Events - Sihuan Pharmaceutical Holdings Group Ltd. successfully administered the first human dose of the new radiopharmaceutical conjugate drug 3D1015 [1] - Shenzhen International's joint venture Shenzhen Airlines plans to raise a total of 16 billion yuan in a phased capital increase [1] - Kangzheng Pharmaceutical received clinical trial approval for its innovative oral small molecule JAK1 inhibitor Povorcitinib for indications of vitiligo and suppurative hidradenitis [1] - Ruihe Digital signed a framework agreement with Tielin Superlight Technology to jointly advance the business of real-world asset tokenization [1] - Zhongxu Future will operate and launch a new mobile game "Miracle MU" titled "New Moon Continent" [1] Financial Performance - Noah Holdings reported a net profit attributable to shareholders of 179 million yuan for Q2, a year-on-year increase of 79% driven by strong growth in investment product distribution [1] - Trip.com Group reported a net profit of 4.846 billion yuan for Q2, an increase of 26.43% year-on-year [1] - Shijiazhuang Pharmaceutical Group announced a mid-year profit attributable to equity holders of approximately 283.5 million HKD, a year-on-year decrease of about 58.7% [1] - Zhongsheng Holdings reported a mid-year profit attributable to shareholders of 1.011 billion yuan, a decrease of 36% year-on-year [1] - SF Express City reported an adjusted net profit of approximately 160 million yuan, a year-on-year increase of 139% [1] - Baidu's subsidiary reported a mid-year profit attributable to shareholders of 47.999 million yuan, returning to profitability [1] - Li Auto reported a net profit of 1.093 billion yuan for Q2, a decrease of 0.91% year-on-year [1] - Shanghai Industrial Holdings reported a mid-year profit attributable to shareholders of 1.042 billion HKD, with an interim dividend of 0.42 HKD per share [1] - Beijing Holdings reported a mid-year profit attributable to shareholders of 3.404 billion yuan, an increase of 8.07% year-on-year [1] - Qingdao Port reported a net profit of 2.842 billion yuan, a year-on-year increase of 7.58% [1] - New China Life Insurance reported a net profit of 14.799 billion yuan, a year-on-year increase of 33.5% [1] - China Galaxy Securities reported a net profit of 6.488 billion yuan, a year-on-year increase of 47.86% [1] - China Taiping reported a 12.2% increase in shareholder profit, with a nearly 23% high growth in life insurance new business value [1] - China Resources Gas reported a mid-year profit attributable to shareholders of 2.403 billion HKD, a year-on-year decrease of 30.5% [1] - SF Holding reported a net profit of 5.738 billion yuan, a year-on-year increase of 19.37%, with volume growth exceeding the overall express delivery industry [1] - SMIC reported a net profit of approximately 320 million USD, a year-on-year increase of 35.6% [1] - SenseTime reported a revenue growth of 35.6% year-on-year, reaching 2.358 billion yuan [1] - BeiGene reported a net profit of 95.59 million USD, returning to profitability [1] - Fubo Group reported a mid-year net profit exceeding 100 million, driven by AI [1] - CITIC Securities reported a net profit of 13.719 billion yuan, a year-on-year increase of 29.79% [1] - Huadian International Power reported a net profit of 3.904 billion yuan, a year-on-year increase of 13.15% [1] Additional Financial Performance - Zhou Hei Ya reported a mid-year profit attributable to shareholders of 108 million yuan, a year-on-year increase of 228% [2] - Haitian Flavoring reported a net profit of 3.91 billion yuan, a year-on-year increase of 13.3% [2] - Dasheng Holdings reported a mid-year adjusted net profit growth of 79.6% driven by store expansion and membership growth [2] - CITIC Securities reported a net profit of 4.509 billion yuan, a year-on-year increase of 57.77% [2] - Huitongda reported a mid-year profit attributable to shareholders of 13.9 million yuan, a year-on-year increase of 10.81% [2] - Yunfeng Financial reported a mid-year profit attributable to shareholders of 486 million HKD, a year-on-year increase of 142.04% [2] - Jiufang Zhitu reported a mid-year profit attributable to shareholders of 865 million yuan, returning to profitability [2] - Air China reported a net loss of approximately 1.806 billion yuan, a year-on-year narrowing of 35.11% [2] - ZTE reported a net profit of approximately 5.058 billion yuan, a year-on-year decrease of 11.77% [2] - China Merchants Securities reported a net profit of 5.186 billion yuan, a year-on-year increase of 9.23% [2] - Datang Power reported a net profit of approximately 4.874 billion yuan, a year-on-year increase of 50.3% [2] - China Pacific Insurance reported a net profit of 27.885 billion yuan, a year-on-year increase of 11% [2] - Beijing Capital International Airport reported a post-tax loss of 164 million yuan, a year-on-year narrowing of 56.48% [2] - Dongguan Rural Commercial Bank reported a mid-year net profit of 2.629 billion yuan [2] - Shenzhen Holdings reported a mid-year loss attributable to shareholders of 2.618 billion HKD, a year-on-year increase of 137.76% [2] - China Southern Airlines reported a net loss of 1.534 billion yuan, a year-on-year increase of 45.54% [2] - COSCO Shipping Holdings reported a profit attributable to shareholders of 17.528 billion yuan, a year-on-year increase of 3.9% [2] - Guofu Hydrogen Energy reported revenue of 10.9 million yuan, actively expanding overseas cooperation and business layout [2] - Kangsheng Global reported a mid-year gross profit of 197 million yuan, with stable progress across all businesses [2] - Dongfang Electric reported a net profit of 1.91 billion yuan, a year-on-year increase of 12.91%, maintaining the industry's leading market share in nuclear and gas power [2] - Eagle Eye Technology reported a profit of 443,000 yuan, returning to profitability [2] - Haier Smart Home reported a profit attributable to shareholders of 12.033 billion yuan, a year-on-year increase of 15.6% [2] - EDA Group Holdings reached a partnership agreement with UTCPAY to collaborate in digital asset trading, Web3 technology, and blockchain applications [2] - Gilead Sciences reported that ASC30 oral tablets showed good and differentiated pharmacokinetic characteristics in the U.S. Phase Ib multi-dose escalation study [2]

格隆汇8月29日丨国富氢能(02582.HK)公布中期业绩，2025年上半年，总收益约为人民币1.09亿元，较 过往期间减少约19.2%；毛利约为人民币90万元，较过往期间减少约93.0%；公司拥有人应占亏损约为 人民币8920万元，而过往期间的公司拥有人应占亏损约为人民币1.12亿元；每股基本亏损约为人民币 0.85元，董事会已决议不会就报告期间宣派任何中期股息。 ...