Baosteel(SH:600019) Xin Lang Cai Jing·2026-01-24 08:15Core Viewpoint - The launch of the Baowu Clean Energy (Yangjiang) Green Hydrogen Industrial Park represents a significant investment in the green hydrogen sector, aiming to establish the largest green hydrogen production base in the Guangdong-Hong Kong-Macao Greater Bay Area with a total investment of 11.09 billion yuan [1][8]. Group 1: Project Overview - The project will have an annual production capacity of 80,000 tons of green hydrogen and will integrate offshore wind power with hydrogen production through a direct connection model [6][8]. - The project is a key part of China Baowu Steel Group's strategy for green transformation and aims to support the development of a clean, low-carbon, safe, and efficient energy system in Guangdong Province [3][8]. Group 2: Infrastructure and Development - The industrial park will include a high-end hydrogen production equipment base focusing on the development of low-cost, high-activity, and long-life non-precious metal-based nano-catalysts for hydrogen production [9][11]. - A new solid-state hydrogen storage materials production base will be established, exploring high-density and high-safety solid-state hydrogen storage modes, making it the largest in South China [12][16]. Group 3: Research and Innovation - The Baowu Clean Energy (Yangjiang) Green Hydrogen Industrial Innovation Research Institute will focus on the research and development of transformative nano key components for hydrogen production [3][16]. - A green hydrogen research center will be established in collaboration with Beihang University, aiming to create a three-tier innovation system for hydrogen technology [14][16]. Group 4: Hydrogen Transportation - Plans include the construction of hydrogen pipelines starting from Yangjiang to Zhanjiang, the Pearl River Delta, and Hong Kong, which will reduce hydrogen transportation costs and support the hydrogen energy development in the Greater Bay Area [17].