Ceres Power Holdings plc (CRPHY) Discusses Manufacturing License Agreement for Solid Oxide Fuel Cells in China Prepared Remarks Transcript

Group 1 - The company has signed a manufacturing license agreement for solid oxide fuel cells specifically for power markets in China, marking significant progress in its long-term relationship with Weichai [1][3] - The business transformation strategy focuses on three main areas: signing new manufacturing licenses, accelerating partners to market for royalty generation, and maintaining technology leadership with a single stack platform [2] - The agreement involves a staged technology transfer to establish a manufacturing facility in China, supported by suppliers of key components [3] Group 2 - Weichai is identified as a strategic shareholder and has been a collaborative partner for several years, contributing to the development of core technology for production [3][4]