Core Insights - Mitsubishi Heavy Industries has achieved a significant breakthrough in ammonia cracking hydrogen production technology, successfully producing hydrogen with 99% purity using steam as a heating source [1] Group 1: Technological Advancements - The new steam heating system demonstrates two core advantages over traditional combustion-based hydrogen production: a significant reduction in reaction temperature and a substantial decrease in operational costs [1] - The absence of a combustion furnace allows for notable miniaturization potential of the equipment, facilitating flexible deployment closer to application scenarios [1] Group 2: Strategic Initiatives - Mitsubishi Heavy Industries has identified the construction of a hydrogen supply chain based on ammonia as a strategic priority, planning to advance the development of medium-sized distributed ammonia cracking systems [1] - The technology has been selected for Japan's New Energy and Industrial Technology Development Organization's project focused on competitive hydrogen supply chain construction, with collaboration from partners such as Japan Catalytic and Hokkaido Electric Power to accelerate technology implementation [1]

Core Insights - The article highlights the significance of unicorn companies as indicators of innovation and local capabilities, with a focus on the development of such companies in Henan province [1] Group 1: Company Overview - Zhongke Qingneng Technology Co., Ltd. has achieved significant milestones in hydrogen liquefaction technology within three years of its establishment [1][3] - The company successfully provided all liquid hydrogen fuel for the Long March 8 rocket launch, marking the first large-scale use of domestically produced liquid hydrogen in China's aerospace sector [2][3] Group 2: Technological Advancements - The company has developed a 1 ton/day hydrogen liquefaction equipment, which is currently the longest-running domestic equipment of its kind [3] - Plans are in place to launch a 5 tons/day hydrogen liquefaction equipment by December 2024, with technology meeting international advanced standards [3] - The company is also developing a 35 tons/day hydrogen liquefaction equipment, expected to be the largest single-unit capacity globally, with delivery anticipated in Q4 of the following year [3][4] Group 3: Market Position and Future Goals - Zhongke Qingneng has established itself as a potential unicorn, attracting investments from various sources, including state-owned enterprises and venture capital [4] - The company aims to create a large-scale, low-cost, and safe hydrogen energy supply chain, aspiring to become a leading green hydrogen and low-temperature technology supplier with international influence [5]