SNW(SH:600628) Sou Hu Cai Jing·2025-12-25 03:28Core Viewpoint - The construction of the world's first thousand-ton-level efficient magnesium-based solid hydrogen storage material demonstration project marks a significant milestone in addressing the core bottlenecks of hydrogen energy storage and transportation in China, paving the way for a self-controlled solid hydrogen storage industry chain [1][5][17]. Project Overview - The project, located in the Yuheng Industrial Zone of Yulin City, has a total investment of 248 million yuan and aims to establish a production facility with an annual output of 2,000 tons of magnesium hydride (MgH₂) [6]. - The project is based on advanced patented technologies accumulated by the Dalian Institute of Chemical Physics, Chinese Academy of Sciences, and involves collaboration with multiple research and engineering institutions [12]. Significance of Construction - The establishment of the thousand-ton production line is not merely an expansion of capacity but represents a strategic move to promote the commercial application of hydrogen energy from demonstration to large-scale implementation [17]. - The project aims to overcome global challenges related to hydrogen storage and transportation, providing a safe and efficient solution for various markets, including transportation, industry, and electricity [21]. Industry Outlook - The company, Fude Jinyu, is transitioning from an industry innovator to a leader, leveraging deep technical expertise and strategic planning [22]. - The successful implementation of magnesium-based solid hydrogen storage technology is expected to significantly reduce the comprehensive storage and transportation costs of hydrogen, facilitating the integration of renewable energy and hydrogen applications [22].