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之股份有限公司） （股份代號：9663) 董事會會議日期 國鴻氫能科技（嘉興）股份有限公司（「本公司」）之董事（「董事」）會（「董事會」）謹 此宣佈，本公司董事會會議謹訂於二零二五年八月二十五日（星期一）舉行，藉以 （其中包括）批准本公司及其附屬公司截至二零二五年六月三十日止六個月之未經 審核綜合財務業績的發佈，以及考慮宣派中期股息（如有）。 Sino-Synergy Hydrogen Energy Technology (Jiaxing) Co., Ltd. 國鴻氫能科技（嘉興）股份有限公司 承董事會命 國鴻氫能科技（嘉興）股份有限公司 董事長、執行董事兼總經理 陳曉敏 中國嘉興，二零二五年八月十三日 於本公告日期，董事會包括兩名執行董事，即陳曉敏先生及葉嘉傑先生；四名非 執行董事，即楊澤雲先生、董貴虎先生、黃蛟先生及張晨先生；及三名獨立非執 行董事，即劉新先生、邢巍博士及黃 ...

FF301 股份發行人及根據《上市規則》第十九B章上市的香港預託證券發行人的證券變動月報表 截至月份: 2025年7月31日 狀態: 新提交 致：香港交易及結算所有限公司 公司名稱: 國鴻氫能科技（嘉興）股份有限公司 呈交日期: 2025年8月4日 I. 法定/註冊股本變動 | 1. 股份分類 | 普通股 | 股份類別 | H | | 於香港聯交所上市 (註1) | | 是 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 證券代號 (如上市) | 09663 | 說明 | H 股 | | | | | | | | | 法定/註冊股份數目 | | | 面值 | | 法定/註冊股本 | | | 上月底結存 | | | 352,594,088 | RMB | | 1 RMB | | 352,594,088 | | 增加 / 減少 (-) | | | | | | RMB | | | | 本月底結存 | | | 352,594,088 | RMB | | 1 RMB | | 352,594,088 | | 2. 股份分類 | 普通股 | 股份類別 ...

Core Viewpoint - The article highlights the upcoming "2025 TrendBank (Yinchuan) Long-duration Energy Storage Industry Conference," focusing on advancements in energy storage technologies such as flow batteries, compressed air storage, and hydrogen storage, aiming to foster collaboration within the industry [2][3][19]. Summary by Sections Conference Details - The conference will take place on July 2-3, 2025, at the Yinchuan Lida Deep Hang International Hotel, with over 300 participants expected [19]. - It is organized by TrendBank in collaboration with Shanghai Electric Energy Storage Technology Co., Ltd., and supported by various local government and industry associations [20]. Key Topics and Speakers - The event will feature discussions on cutting-edge technologies in energy storage, including a special session on compressed air and hydrogen storage, with notable speakers such as Liu Bing from Guohong Hydrogen Energy [5][8]. - A significant highlight will be the release of the "2025 TrendBank Long-duration Energy Storage Industry Development Blue Book" during the conference [3][20]. Industry Context - The Su-Yin Industrial Park, where the conference is held, aims to develop a robust energy storage battery manufacturing industry chain, focusing on lithium-ion, sodium-ion, and flow battery production [22]. - The park is part of a broader initiative to enhance regional cooperation and development between Ningxia and Suzhou, promoting new energy and advanced manufacturing sectors [22]. Registration and Participation - Registration for the conference is free, with options for meals available at a cost, emphasizing the goal of sharing knowledge and resources across the industry [29][31]. - Participants must register using their personal mobile numbers to ensure proper attendance tracking and access to conference materials [31].

Core Viewpoint - Jiaxing City is advancing the construction of a strong manufacturing innovation city by focusing on the high-end, intelligent, and green development paths, establishing a modern industrial structure through the "135N" advanced manufacturing cluster system [1][14]. Group 1: New Quality Productive Forces - New Quality Productive Forces, introduced by President Xi Jinping, emphasize innovation as the main driving force, characterized by high technology, efficiency, and quality, aligning with the new development concept [2]. - This concept is crucial for promoting high-quality economic development and constructing a modern industrial system [2]. Group 2: Economic Performance of Jiaxing City - Jiaxing's GDP reached 756.95 billion yuan in 2024, with a year-on-year growth of 5.6%, surpassing the national average [4]. - The industrial structure is optimized, with the primary, secondary, and tertiary industries contributing 2.0%, 49.5%, and 48.5% respectively [4]. Group 3: Industrial Development and Innovation - Jiaxing has implemented a strong manufacturing strategy, achieving a 6.5% year-on-year increase in industrial added value, contributing 45.2% to economic growth [6]. - In 2024, 24 out of 33 major industrial sectors experienced growth, with advanced manufacturing sectors like electrical machinery and equipment manufacturing showing significant increases of 19.8% and 17.7% respectively [7]. Group 4: Technological Innovation and Intellectual Property - Jiaxing saw a total of 39,500 patent authorizations in 2024, with a notable 5,953 invention patents, marking a 22.2% increase [9]. - The city has recognized 579 new national high-tech enterprises, bringing the total to 4,509, and 1,500 new provincial technology-based SMEs, totaling 10,694 [9]. Group 5: Policy Framework for New Quality Productive Forces - The "New Quality Productive Forces" strategy was included in the State Council's work report, guiding the construction of a modern industrial system [11]. - Jiaxing has established a "1+N" policy system to support the development of new quality productive forces, with various policies targeting emerging industries and traditional industry upgrades [11]. Group 6: Modern Industrial System - Jiaxing's modern industrial system is supported by three major industries: chemical new materials, intelligent photovoltaics, and high-end equipment, with emerging industries like integrated circuits and hydrogen energy as growth drivers [22]. - The city aims to create a significant impact in the Yangtze River Delta region through its advanced manufacturing clusters [14][15]. Group 7: Future Development Trends - Jiaxing is expected to see a rise in strategic emerging industries, with a target of over 45% by 2027, and aims to establish 2-3 globally leading technology standard clusters [26]. - The city plans to enhance digital transformation, with 80% of large-scale enterprises expected to complete intelligent upgrades [27].

Core Viewpoint - Hydrogen fuel cell technology is rapidly developing with strong support from national policies, showcasing advantages such as low pollution, high efficiency, quick refueling, and long range, leading to its increasing application in the electric motorcycle sector [1][15]. Group 1: Market Overview - The global hydrogen motorcycle market is projected to reach approximately $0.9 million in 2024, with expectations to grow to $2 million by 2030 [1][15]. - In 2024, China's hydrogen production and consumption scale is expected to exceed 36.5 million tons, ranking first in the world [6]. Group 2: Industry Dynamics - Companies such as Zongshen, Tailg, and Ninebot have launched hydrogen fuel cell electric motorcycles, with some already moving beyond the concept stage to market introduction [1][17]. - Ninebot's Segway APEX H2 hybrid motorcycle was announced in April 2021 with a pre-sale price of 69,999 yuan, but it faced technical issues that prevented mass production [1][17]. Group 3: Technological Advantages - Hydrogen motorcycles offer significant advantages over traditional electric vehicles, including energy efficiency, convenience in refueling, and enhanced safety due to the use of solid-state hydrogen storage [2][4]. - The hydrogen fuel cell process generates energy without emitting pollutants, making it an environmentally friendly option [2]. Group 4: Policy Support - The Chinese government is enhancing its hydrogen energy policy framework, aiming to establish a comprehensive development environment for the hydrogen industry by 2025 [12][14]. - The introduction of standards for hydrogen fuel cell motorcycles is expected to lower R&D costs and accelerate technological advancements [14]. Group 5: Future Trends - The market acceptance of hydrogen motorcycles is anticipated to increase as production capacity expands and technology evolves, with a growing number of high-end consumers in addition to B2B clients [1][19]. - Local governments are increasingly willing to open road rights for hydrogen motorcycles, which will facilitate market order growth [19].

Core Insights - The hydrogen fuel cell combined heat and power (HFC-CHP) system is a crucial development in clean energy technology, achieving over 90% overall energy utilization efficiency, significantly outperforming traditional energy systems [1][10][6] - The industry is in its early stages of commercialization, but driven by policy support and technological advancements, market applications are accelerating [15][10] - Notable projects have been launched in 2024, including the first 2MW hydrogen fuel cell CHP demonstration project in China, showcasing significant breakthroughs in the efficient utilization of industrial by-product hydrogen [15][1] Industry Overview - The HFC-CHP system integrates hydrogen fuel cell technology to simultaneously generate electricity and heat through electrochemical reactions, with various types categorized by electrolyte types, including PEMFC, SOFC, and MCFC [8][4] - The system consists of four main components: hydrogen source generator, power generation device, power electronics, and waste heat storage system [4] Market Dynamics - The Chinese hydrogen fuel cell CHP industry has developed a comprehensive ecosystem, focusing on domestic production of key materials and components, system integration, and diverse applications across industrial parks, commercial buildings, and residential communities [8][10] - The market size of China's hydrogen fuel cell industry grew from 1.63 billion yuan in 2019 to 3.93 billion yuan in 2023, with a compound annual growth rate of 24.61% [13] Competitive Landscape - The domestic market is characterized by a tiered competition structure, with leading companies like Qingneng Co. and Jie Hydrogen Technology dominating industrial applications, while others focus on commercial scenarios [17] Development Trends - The hydrogen fuel cell CHP technology is expected to become a vital part of China's energy system, supporting carbon peak and carbon neutrality goals [19] - There is a trend towards diversified applications, with innovations like "hydrogen communities" and "zero-carbon buildings" emerging in the residential sector [21][22] - Industry consolidation is accelerating, with major energy companies pursuing mergers and partnerships to enhance capital and technological synergies, leading to a shift from fragmented competition to a more integrated market [23]

Core Insights - The fuel cell power generation industry in China is in its early commercialization stage, but its development potential is gradually becoming evident [1] - By 2030, the installed capacity of fuel cell power generation in China is expected to exceed 2000-2500 MW, with an annual compound growth rate of over 30% [1][14] Industry Overview - Fuel cell power stations convert chemical energy from fuels (like hydrogen and natural gas) into electrical energy through electrochemical reactions, achieving energy conversion efficiencies of 40%-60%, and up to 80% in combined heat and power (CHP) systems [2] - The industry has formed a complete ecosystem with innovative companies like Kunhua Technology, Aidemeng, and Qingneng Technology collaborating with listed companies and research institutions [1][16] Market Dynamics - The market size of China's hydrogen fuel cell industry grew from 1.63 billion yuan in 2019 to 3.93 billion yuan in 2023, with a compound annual growth rate of 24.61% [10] - In 2024, the industry is expected to experience explosive growth, with fuel cell heavy truck sales increasing by 80% year-on-year and the number of hydrogen refueling stations surpassing 550 [10] Technological Landscape - The fuel cell technology is categorized based on electrolyte type, operating temperature, and fuel applicability, including proton exchange membrane fuel cells (PEMFC), phosphoric acid fuel cells, molten carbonate fuel cells, and solid oxide fuel cells (SOFC) [3][5] - SOFCs have higher efficiency, reaching nearly 90% in CHP applications, and a broader range of fuel options, making them suitable for various applications [5] Competitive Landscape - The industry is characterized by a "leading enterprises, regional clustering, and diverse technologies" competitive structure, with major players like Dongfang Electric and Weichai Power leading in SOFC technology [19][21] - The collaboration between upstream material suppliers and downstream application developers is crucial for driving the commercialization of fuel cell power stations [8][19] Future Trends - The industry is transitioning from policy-driven to market-driven, with technological breakthroughs and cost reductions accelerating commercialization [23] - The application scenarios are expanding from demonstration projects to large-scale commercial use, with a projected 60% of installed capacity in CHP projects by 2030 [26] - The cost of green hydrogen production is decreasing, with projections of 25 yuan/kg in 2024 and potentially 15 yuan/kg by 2030, enhancing the competitiveness of hydrogen energy [27]

Core Viewpoint - Nuclear hydrogen production utilizes heat generated from nuclear reactors as an energy source for hydrogen production, aiming for efficient, large-scale hydrogen generation while significantly reducing greenhouse gas emissions [1][2][4]. Industry Overview - Nuclear hydrogen production is a process that converts nuclear energy into hydrogen through various methods, including water electrolysis, thermochemical cycles, and high-temperature steam electrolysis, with the goal of minimizing CO2 emissions [2][4]. - The global nuclear hydrogen market is projected to exceed $450 million by 2024, driven by advancements in nuclear reactor technology and the hydrogen energy sector [1][13]. Current Technologies - The current mainstream technology for nuclear hydrogen production involves coupling nuclear energy with water electrolysis, while future directions include methane steam reforming, high-temperature steam electrolysis, and thermochemical cycles [6][7]. - Methane steam reforming is the primary industrial hydrogen production method, but it generates significant greenhouse gases. Coupling this process with nuclear energy can reduce natural gas consumption and CO2 emissions [6][7]. - High-temperature steam electrolysis, utilizing heat from nuclear reactors, can significantly lower the energy consumption required for hydrogen production compared to conventional methods [7]. - Thermochemical cycles involve multiple heat-driven chemical reactions that can be efficiently powered by nuclear reactors, enhancing hydrogen production efficiency [7][8]. Market Status - Major nuclear power countries, including the US, Japan, the UK, and China, have initiated nuclear hydrogen projects. The US Department of Energy began research in 2004, supporting demonstration projects at several nuclear plants [1][13]. - In Japan, significant advancements have been made in high-temperature gas-cooled reactors, demonstrating successful hydrogen production processes [1][13]. - China's nuclear hydrogen projects began during the "11th Five-Year Plan," with ongoing research and development in thermochemical cycles and high-temperature steam electrolysis [1][15]. Development Background - The hydrogen energy sector is rapidly growing, with hydrogen recognized as a key player in the transition to sustainable energy due to its zero-emission and high-efficiency characteristics [8][11]. - China is the world's largest hydrogen producer, with production expected to increase from 35 million tons in 2023 to 36.95 million tons in 2024 [8][11]. Policy Support - The Chinese government has implemented various policies to support the hydrogen industry, including the "Hydrogen Industry Development Plan (2021-2035)" and local government initiatives [15][17]. - These policies emphasize the development of advanced hydrogen production technologies, including nuclear high-temperature hydrogen production [15][17]. Future Recommendations - The nuclear hydrogen industry should focus on comprehensive planning, open collaboration, increased investment in advanced technologies, and the promotion of industrialization and market development [21].

Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2024, representing a 15% increase compared to the previous year[3]. - Revenue for the year ended December 31, 2024, was RMB 442,439,000, a decrease of 36.8% compared to RMB 700,616,000 in 2023[28]. - Gross profit for 2024 was RMB 40,032,000, down from RMB 175,750,000 in 2023, indicating a significant decline in profitability[28]. - Loss before income tax for 2024 was RMB 416,096,000, slightly improved from a loss of RMB 436,417,000 in 2023[28]. - Total assets as of December 31, 2024, were RMB 4,664,141,000, a decrease from RMB 4,863,522,000 in 2023[28]. - The Group's revenue for the Reporting Period was approximately RMB442.4 million, a decrease of 36.9% from RMB700.6 million in the Previous Period[52][54]. - Gross profit decreased by 77.2% from approximately RMB175.8 million to approximately RMB40.0 million, with the gross profit margin dropping by 16.1 percentage points to approximately 9.0%[68]. - Loss attributable to owners of the Company was approximately RMB407.2 million for the Reporting Period, slightly higher than the loss of approximately RMB404.4 million in the Previous Period[88]. Market Expansion and Strategy - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[3]. - The company actively expanded its market presence, establishing strategic partnerships with renowned automotive and energy enterprises to promote hydrogen fuel cell vehicle commercialization[22]. - The company is focused on expanding its presence in the hydrogen energy sector, leveraging the expertise of its management team[159]. - The company aims to enhance its investment strategies and operational efficiency through the experience of its directors in various industries[160]. - The company is actively pursuing opportunities for market expansion and potential acquisitions to strengthen its competitive position[159]. Research and Development - Investment in R&D increased by 30%, totaling RMB 300 million, focusing on new hydrogen energy technologies[3]. - R&D expenditure exceeded RMB 130.5 million during the Reporting Period, focusing on improving product efficiency, reliability, and durability[40]. - The new generation high-power GIII stacks achieved a rated point performance of 1.3 W/cm², over 20% higher than the previous generation[41]. - The Group is developing megawatt-scale PEM electrolyzer technology and 1,000Nm³ alkaline electrolyzer technology to enhance hydrogen production efficiency and quality[45]. - The company has a strong focus on R&D in hydrogen fuel cell systems, led by Dr. Liu, who has a doctoral degree in chemical engineering from Tsinghua University[198]. Product Development - The company launched two new hydrogen fuel cell products, contributing to a projected 15% increase in sales[3]. - The company launched the next-generation high-power Hongxin GIII series stacks with a single stack power exceeding 200 kW, enhancing market competitiveness[32]. - The Hongtu H series products feature a modular design with system power compatibility ranging from 120 kW to 360 kW, catering to various application scenarios[32]. - The first inland river hydrogen fuel cell powered container vessel "Dongfang Hydrogen Harbor" was successfully launched, promoting the commercial application of hydrogen energy ships in China[36]. - The company expanded its product applications to new scenarios including hydrogen energy ships, drones, and two-wheeled vehicles, enhancing the full-scenario application of hydrogen energy[35]. Financial Position and Liabilities - Total liabilities increased to RMB 1,675,713,000 in 2024 from RMB 1,472,662,000 in 2023, indicating a rise in financial obligations[28]. - The Group's total borrowings as of December 31, 2024, amounted to approximately RMB529.7 million, an increase of 74.2% compared to approximately RMB304.1 million in the Previous Period[93]. - The current ratio of the Group decreased slightly to approximately 2.5 as of December 31, 2024, from approximately 2.7 as of December 31, 2023[90]. - The debt-to-equity ratio as of December 31, 2024, was approximately 0.2, compared to approximately 0.1 as of December 31, 2023[95]. Governance and Management - The Board of Directors includes key figures such as Mr. Chen Xiaomin as Chairman and Mr. Ye Jiajie as an executive director[12]. - The Audit Committee is chaired by Ms. Wong Yan Ki, ensuring compliance and financial integrity[13]. - The company has a strong leadership team with diverse backgrounds in corporate management, finance, and investment, enhancing its strategic planning and operational management capabilities[149][155][159][162]. - The management team includes individuals with diverse backgrounds in investment, administration, and technical expertise, enhancing the company's strategic capabilities[195]. - The company has established a robust framework for monitoring and evaluating its business operations through its supervisory committee[194]. Employee and Operational Efficiency - Employee benefit expenses for the year amounted to approximately RMB 185.3 million, a decrease from approximately RMB 235.3 million in 2023[125]. - The Group's capital expenditures for the Year were approximately RMB50.4 million, down from approximately RMB150.5 million in 2023[97]. - The Group's capital commitments for property, plant, and equipment amounted to approximately RMB269.1 million, significantly higher than approximately RMB109.6 million in 2023[96]. - The Group's internal management system has been optimized to enhance operational efficiency and competitiveness since 2024[50]. Legal and Compliance - The company is committed to adhering to the PRC Company Law and relevant regulations governing its operations[9]. - As of 31 December 2024, there were three legal claims with a compensation sum of approximately RMB0.29 million, for which provisions have been made[144]. - The company emphasizes the importance of independent directors in maintaining corporate governance and accountability[184].

Core Viewpoint - Guohong Hydrogen Energy Technology announced that it has submitted an application for H-share full circulation to the China Securities Regulatory Commission, intending to convert approximately 41.3 million domestic shares into H-shares for listing on the Hong Kong Stock Exchange [1] Group 1 - The company is seeking to enhance its capital structure by converting domestic shares into H-shares [1] - The total number of shares involved in this conversion is approximately 41.3 million [1] - The listing on the Hong Kong Stock Exchange is part of the company's strategy to increase its market presence [1]