Core Insights - The company, Xiamen Tungsten Co., Ltd. (688778.SH), announced plans to enhance hydrogen alloy production efficiency and capitalize on emerging market demands in hydrogen energy transportation and storage [1] - The company aims to establish a solid-state hydrogen storage device production line through its wholly-owned subsidiary, Xiamen Tungsten Hydrogen Energy, with an annual production capacity of 5,000 tons of hydrogen energy materials and 7,000 tons of functional materials [1] - The total investment for the project is estimated at RMB 237 million, funded through self-owned capital and loans [1] - This investment is expected to promote innovation, enhance market competitiveness, and improve production efficiency, positioning the company as a key supplier of critical materials and equipment in the global hydrogen energy industry [1]
厦钨新能(688778.SH)拟投建年产5000吨氢能材料及7000吨功能材料项目