Core Viewpoint - The article emphasizes the importance of innovation in driving the transformation of the renewable hydrogen industry, highlighting the upcoming 2025 Renewable Energy Hydrogen Production Industry Development Forum in Suzhou, Jiangsu, which will focus on advancements in hydrogen production technologies and applications [1][2]. Group 1: Event Overview - The 2025 Renewable Energy Hydrogen Production Industry Development Forum will take place on July 10-11, 2025, in Suzhou, Jiangsu, organized by DT New Energy [2][3]. - The forum will cover key topics such as the current market development of ALK/PEM/AEM hydrogen production technologies, innovations in key materials and systems, and new trends in green hydrogen project applications [2][3]. Group 2: Agenda Highlights - The agenda includes a series of thematic discussions, starting with the current status and development trends of renewable energy electrolysis hydrogen production [10]. - Key sessions will address high-performance versus stable technologies in alkaline/PEM hydrogen production, advancements in AEM electrolysis technology, and the integration of green hydrogen in various applications [10][12][14]. Group 3: Featured Activities - The forum will feature a PEM hydrogen production industry innovation development seminar, aimed at connecting executives from key material and equipment companies with academic leaders to discuss industry challenges and solutions [20]. - A supply-demand matching initiative will be introduced to facilitate collaboration among research institutions, enterprises, and government bodies involved in the renewable hydrogen sector [21]. - Attendees will have the opportunity to visit Bosch's Intelligent Manufacturing Solutions Division, with limited slots available for registration [23].

添加文末微信，加 绿氢 群 势银（Trendbank）绿色能源事业部研究团队始终保持对行业动态的密切跟踪，针对氢能产业制储 运加用等方面进行分析研判。势银分析师定期或不定期地与产业链企业紧密互通，掌握最新的项目 动态、新品情况、技术发展趋势、交付信息等，并形成氢能产业月度报告及分析师观点，旨在为业 内各方参与者提供行业最新动态进展与决策参考。 "宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 月报交付时间：次月10日-15日 交付形式：PDF月报 目 录 1、电解水制氢行业动态 1.1ALK电解水制氢行业动态 1.2PEM电解水制氢行业动态 1.3AEM电解水制氢行业动态 2、绿氢项目及下游消纳动态 3、氢储运&加氢站行业动态 4、燃料电池行业动态 示 例 2.1 绿氢项目动态 2.2 绿醇项目动态 2.3 SAF项目动态 4.1 燃料电池系统及配套情况 4.2 燃料电池系统订单详情 4.3 燃料电池行业发展趋势分析 绿氢项目及下游消纳动态 TrendBank 碧 裙 国内项目达788个 ...

Investment Rating - The industry rating is "Outperform the Market" [3][46]. Core Insights - The number of electrolyzer bidding projects has significantly increased in the first half of 2025, indicating a maturing industry driven by downstream applications. A total of 48 projects were cumulatively bid and signed in China from January to June 2025, with a total scale of 3171.63 MW and hydrogen production capacity of 469680 Nm3/h [2][36]. - The hydrogen energy index has shown a weekly increase of 4.49% and an 18.94% increase since the beginning of 2025, reflecting strong market performance [8][11]. - The transportation application is leading the maturation of the hydrogen fuel cell industry ecosystem, with a recommendation to focus on companies involved in heavy-duty hydrogen vehicles [2][36]. Summary by Sections 1. Hydrogen Energy Industry Market Performance - The hydrogen energy index closed at 2113.29 points as of June 27, 2025, with a weekly increase of 4.49% and an 18.94% increase since the start of the year [8][11]. - The top five companies in the hydrogen energy sector by weekly increase were Taihe Technology (48.09%), Inner Mongolia First Machinery (33.66%), Liyuanheng (30.89%), Xingyuan Material (23.90%), and Longpan Technology (19.46%) [14][15]. 2. Hydrogen Energy Industry Data Review - In the first half of 2025, the cumulative number of electrolyzer projects reached 48, with a total scale of 3171.63 MW and a hydrogen production capacity of 469680 Nm3/h. The majority of projects were in various provinces including Anhui, Gansu, Guangdong, and others [16][17]. - The leading companies in terms of order size for electrolyzers were Zhongzhong Electric, Yijing Star Hydrogen Energy, and others, with the largest order being 1205 MW [16]. 3. Industry Dynamics and Company Developments - Significant domestic events include the delivery of China's first 16000 TEU methanol dual-fuel container ship and the successful ignition of the first hydrogen combustion furnace in the country [31][32]. - Internationally, the UK government announced a £500 million investment in hydrogen infrastructure, while Adani launched India's first off-grid green hydrogen plant [32][33].

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 添加文末微信，加 绿氢 群 势银（Trendbank）绿色能源事业部研究团队始终保持对行业动态的密切跟踪，针对氢能产业制储 运加用等方面进行分析研判。势银分析师定期或不定期地与产业链企业紧密互通，掌握最新的项目 动态、新品情况、技术发展趋势、交付信息等，并形成氢能产业月度报告及分析师观点，旨在为业 内各方参与者提供行业最新动态进展与决策参考。 月报交付时间：次月10日-15日 交付形式：PDF月报 目 录 1、电解水制氢行业动态 1.1ALK电解水制氢行业动态 1.2PEM电解水制氢行业动态 1.3AEM电解水制氢行业动态 2、绿氢项目及下游消纳动态 3、氢储运&加氢站行业动态 4、燃料电池行业动态 示 例 2.1 绿氢项目动态 2.2 绿醇项目动态 2.3 SAF项目动态 4.1 燃料电池系统及配套情况 4.2 燃料电池系统订单详情 4.3 燃料电池行业发展趋势分析 绿氢项目及下游消纳动态 TrendBank 碧 裙 国内项目达788个 ...

"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 势银数据： 势银数据产品服务 添加文末微信，加 绿氢 群 势银（Trendbank）绿色能源事业部研究团队始终保持对行业动态的密切跟踪，针对氢能产业制储 运加用等方面进行分析研判。势银分析师定期或不定期地与产业链企业紧密互通，掌握最新的项目 动态、新品情况、技术发展趋势、交付信息等，并形成氢能产业月度报告及分析师观点，旨在为业 内各方参与者提供行业最新动态进展与决策参考。 月报交付时间：次月10日-15日 交付形式：PDF月报 目 录 1、电解水制氢行业动态 1.1ALK电解水制氢行业动态 1.2PEM电解水制氢行业动态 势银咨询： 势银咨询顾问服务 1.3AEM电解水制氢行业动态 2、绿氢项目及下游消纳动态 3、氢储运&加氢站行业动态 4、燃料电池行业动态 示 例 2.1 绿氢项目动态 2.2 绿醇项目动态 2.3 SAF项目动态 4.1 燃料电池系统及配套情况 4.2 燃料电池系统订单详情 4.3 燃料电池行业发展趋势分析 绿氢项目及下游消纳动态 TrendBank 碧 裙 国内项目达788个 ...

Core Viewpoint - DT New Energy aims to build a platform for cooperation and exchange in the hydrogen energy and fuel cell industry between domestic and international markets, providing comprehensive services including industry research, consulting, investment, technology transfer, market promotion, media conferences, and data analysis [1]. Industry Overview - The hydrogen energy industry is characterized by high marketization, with electrolyzers being a key component. The competition between alkaline and PEM (Proton Exchange Membrane) electrolyzers is increasingly market-driven, especially with the rise of large-scale green electricity projects [3]. - The focus for PEM electrolyzers is on reducing costs while enhancing performance to maintain a competitive edge against alkaline electrolyzers. The cost of equipment is a significant factor in the early stages of market adoption [4]. Proton Exchange Membrane (PEM) Innovations - The two main keywords for the proton exchange membrane market are cost reduction and performance enhancement. Innovations in materials and processes are crucial for achieving these goals [4][5]. - The development of composite membranes, which are thinner and can reduce the amount of perfluorosulfonic acid used, is a significant trend. Companies are validating the reliability of these membranes for large projects [6]. Material Developments - There is a growing demand for short-chain perfluorosulfonic acid resins, which improve the conductivity of proton exchange membranes. The Aquivion short-chain resin from Solvay is a notable example, currently holding a 60% market share in membrane electrode slurry applications [7]. - The innovation in PEM technology is supported by collaboration among universities, enterprises, and research institutions, indicating a shift beyond traditional industry boundaries [7]. Upcoming Events - DT New Energy will host the 2025 Renewable Energy Hydrogen Industry Development Forum on July 10-11, 2025, in Jiangsu, focusing on key materials and hydrogen production systems, including discussions on ALK/PEM/AEM technologies and market trends [13].

Core Viewpoint - The hydrogen energy industry is experiencing significant growth, with a focus on green hydrogen projects and the need for national policy support to drive development towards 2025 [9][10]. Group 1: Industry Dynamics - The National Development and Reform Commission is establishing a "carrier-level" national venture capital guidance fund, expected to attract nearly 1 trillion yuan in social capital, focusing on cutting-edge fields including hydrogen energy [7]. - Australia announced an investment of 750 million AUD (approximately 474 million USD) to support green mining and processing technologies, particularly hydrogen-based iron reduction technology [8]. - The hydrogen energy industry standards are gradually improving, with the National Energy Administration releasing a guideline for energy industry standards focusing on hydrogen production, storage, transportation, and fuel cells [9]. Group 2: Green Hydrogen Projects - There are currently 788 domestic green hydrogen projects, with the scale of electrolyzer public bidding in Q1 2025 increasing by over 58 times compared to the same period last year [10]. - The total public bidding scale for electrolyzers in Q1 2025 reached 482.825 MW, indicating substantial growth in project demand [11]. Group 3: Fuel Cell Industry - In Q1 2025, the installed capacity of fuel cells reached 47.6 MW, with Oriental Hydrogen leading the market with a share of 30.5% [13][14]. - The top five companies in the fuel cell market have a high concentration rate of 74.0%, indicating a competitive landscape [12][13].

蛰伏四年后，医药行业终于迎来爆发，wind香港生物科技指数(887177.WI)年内累计涨幅近82%，成为 最亮眼的板块;经历同周期洗牌的风电板块，当前正蓄势待发。 海内外需求共振 从去年开始，风电招标量就开始爆发性增长。根据金风科技年报显示，2024年国内风电整机新增招标 164.1GW，同比增长90.2%。其中，陆上新增招标152.8GW，海上新增招标11.3GW。根据世纪证券统计 显示，截止至2025年6月初，全国风机累计公开招标容量48.8GW，同比增长78%，其中陆上风机公开招 标容量39.2GW，同比增长61%，海上风机公开招标容量9.6GW，同比增长213%。 由于陆上风电中标至装机往往在一年左右，海上风电周期更久，因此中标数据可作为先验指标。也就是 意味着今年开始，风电产业链进入装机周期，业绩也得到了保障。 从长期来看，风电需求依然旺盛。 就陆上风电而言，风光大基地为陆风提供了需求基础。国家能源局统计数据显示，截至 2024 年底，首 批规划的"沙戈荒"区域大型风电光伏基地基本完工。第一批基地已建成 9,199 万千瓦、约占 95%，投产 9079 万千瓦，第二批、第三批"沙戈荒"大型风电光伏 ...

Core Viewpoint - CIMC Group is focusing on the Middle East as a key area for overseas business expansion and is actively seeking strategic cooperation opportunities with the six Gulf countries [1] Group 1: Business Expansion - The company has established a regional headquarters in the Middle East to facilitate its business development [1] - CIMC Group is pursuing multiple orders in the region, including the delivery of concrete mixer trucks and powder tankers [1] Group 2: Energy Sector Opportunities - The advancement of natural gas supply facility construction in Middle Eastern countries presents new growth opportunities for CIMC's gas storage and transportation equipment [1] - There is significant potential for green hydrogen and energy storage driven by the large-scale renewable power installations in the region [1] Group 3: Recent Contracts - CIMC Anrui signed multiple orders for 4,750 cubic meter butadiene ball tanks with Saudi Arabian chemical giant SABIC, totaling over 60 million yuan [1] - The company successfully secured a contract for the Earth Boutique Hotel project in Saudi Arabia, which will cover a total construction area of 11,000 square meters and consist of 104 modules [1]

Core Viewpoint - The hydrogen energy industry is experiencing significant growth, driven by national policies and investments, with a focus on green hydrogen projects and technological advancements in hydrogen production and utilization [5][7][8]. Group 1: Electrolysis Water Hydrogen Production Industry Dynamics - The Chinese government is establishing a "carrier-level" national venture capital fund aimed at attracting nearly 1 trillion yuan in social capital, focusing on cutting-edge fields including hydrogen energy [5]. - Australia announced an investment of 750 million AUD (approximately 474 million USD) to support green mining and processing technologies, particularly hydrogen-based iron reduction technology [6]. Group 2: Green Hydrogen Projects and Downstream Consumption Dynamics - As of Q1 2025, there are 788 green hydrogen projects in China, with the scale of electrolysis cell bids increasing over 58 times compared to the same period last year [8]. - The total scale of publicly bid electrolysis cells in Q1 2025 reached 482.83 MW, indicating a substantial increase in project activity [9]. Group 3: Hydrogen Storage, Transportation & Refueling Station Industry Dynamics - The hydrogen energy industry is seeing a gradual improvement in standards, with the National Energy Administration releasing guidelines for energy industry standards, including those related to hydrogen production, storage, and fuel cells [7]. Group 4: Fuel Cell Industry Dynamics - In Q1 2025, the total installed capacity of fuel cells reached 47.6 MW, with Oriental Hydrogen leading the market with a 30.5% share, followed by Rongcheng Hydrogen and Guohua Technology [11][12]. - The top five companies in the fuel cell market have a high concentration rate of 74.0%, indicating a competitive landscape [11].