Core Viewpoint - Guofu Hydrogen Energy (02582) has made significant strides in the East Asian hydrogen energy market by signing a cooperation agreement with South Korea's Hylium, marking a key step in its strategic expansion [1] Group 1: Market Performance - The stock price of Guofu Hydrogen Energy increased by nearly 8% during trading, with a current rise of 5.84%, reaching HKD 61.65, and a trading volume of HKD 109 million [1] Group 2: Strategic Partnerships - On September 15, Guofu Hydrogen Energy signed a cooperation agreement with Hylium to develop hydrogen production, storage, and transportation systems in the South Korean market, leveraging Hylium's extensive experience and insights into local industry policies and demand [1] - Hylium has established a strong technical foundation in low-temperature storage, hydrogen liquefaction, and hydrogen transportation solutions, which will benefit the partnership [1] Group 3: Fundraising Activities - On September 17, Guofu Hydrogen Energy announced a placement agreement to issue 1.9948 million shares at HKD 50.13 per share, raising approximately HKD 98.49 million, with 72% allocated for working capital, 20% for repaying credit financing, and 8% for domestic and international hydrogen energy projects [1] - This follows a previous placement on September 8, where the company raised HKD 90.99 million at HKD 54.03 per share, intended for investments and collaborations in hydrogen energy projects both in China and abroad [1]

Core Viewpoint - Guofu Hydrogen Energy (02582) has made significant strides in the East Asian hydrogen energy market by signing a cooperation agreement with South Korea's Hylium, enhancing its operational framework in the region [1] Group 1: Market Performance - Guofu Hydrogen Energy's stock price increased by nearly 8% during trading, with a current rise of 5.84%, reaching HKD 61.65, and a trading volume of HKD 109 million [1] Group 2: Strategic Partnerships - On September 15, Guofu Hydrogen Energy signed a cooperation agreement with Hylium, focusing on the development of hydrogen production, storage, and transportation systems in the South Korean market [1] - Hylium has extensive experience in the South Korean market, with strong insights into industrial policies and demand, as well as mature technologies in cryogenic storage, hydrogen liquefaction, and hydrogen transportation [1] Group 3: Fundraising Activities - On September 17, Guofu Hydrogen Energy announced a placement agreement to issue 1.9948 million shares at HKD 50.13 per share, raising approximately HKD 98.49 million, with 72% allocated for working capital, 20% for repaying credit financing, and 8% for domestic and international hydrogen projects [1] - This follows a previous placement on September 8, where the company raised HKD 90.99 million at HKD 54.03 per share, intended for investments and collaborations in hydrogen projects both in China and abroad [1]