Core Viewpoint - The article discusses the advancements and solutions provided by Shenzhen Furu Electric Co., Ltd. in the green hydrogen industry, particularly focusing on their electrolysis water hydrogen production technology and the efficiency of their power supply systems [2][10]. Group 1: Hydrogen Production Technology - Electrolysis water hydrogen production is identified as the main technological route for green hydrogen acquisition, with the power supply conversion efficiency directly impacting the hydrogen production cost [4][6]. - The cost of the hydrogen production power supply accounts for approximately one-third of the total hydrogen production system cost [4]. - Furu Electric proposes various electrical system architectures for electrolysis water hydrogen production, including wind-solar-storage complementary grid-connected and off-grid hydrogen production models, effectively utilizing renewable energy [4][6]. Group 2: Product Features and Benefits - The LyzPower® series products from Furu Electric feature low harmonics, high power factor, and excellent insulation performance, meeting stringent grid requirements [5]. - The conversion efficiency of these products can reach up to 99%, providing significant cost savings for customers in terms of electricity and cooling [5][6]. - A 1% increase in efficiency for a 1000 standard cubic meter per hour electrolyzer can save customers between 50,000 to 80,000 yuan annually based on a photovoltaic electricity price of 0.2 yuan per kilowatt-hour [6]. Group 3: Reliability and Maintenance - The modular design of the LyzPower® series allows for quick replacement of failed modules, enhancing the availability of the hydrogen production power supply [7]. - The system configuration supports N+X redundancy, ensuring that module failures do not disrupt operations [7]. - The power supply system's reliability is further enhanced by its ability to isolate and continue operation during partial failures, along with ease of repair [6][9]. Group 4: Industry Position and Recognition - Furu Electric has established itself as a leader in the field of power electronics technology, focusing on hydrogen production power supplies, fuel cell systems, and energy storage solutions [9][10]. - The company has received the "2025 Green Hydrogen Technology Breakthrough Award" for its contributions to enhancing the economic viability and reliability of green hydrogen production [10].

Core Insights - The company, Hubei Zhongxiang Yingteli Electric Co., has rapidly grown to capture over 70% of the national hydrogen power supply market within eight years, establishing itself as a leader in the field of energy conversion and hydrogen equipment [1][3]. Group 1: Company Overview - Founded in 2017 by Dr. He Mingzhi and a team of master's graduates, the company initially focused on the underdeveloped market for energy conversion devices, leading to the development of over 1,000 types of power supply products [2]. - The company’s maximum power conversion capacity reaches 189 megawatts, equivalent to the output of three small power plants, and its products are widely used in critical sectors such as high-speed rail and metallurgy [2]. Group 2: Market Position and Strategy - The company identified a niche in the hydrogen energy sector, which is expected to see a demand of 37.15 million tons in China by 2030, with a global market size exceeding one trillion yuan [3]. - By focusing on the less competitive area of hydrogen power supply, the company successfully developed proprietary technology for electrolysis water hydrogen production, filling a domestic technological gap [3]. Group 3: Recent Achievements - In July, the company delivered an 800-megawatt hydrogen power system for Europe’s largest green hydrogen and green steel project and initiated operations for a renewable energy hydrogen project for China National Petroleum Corporation [4]. - The company has secured significant orders, including a 50-megawatt contract from a European oil company, reinforcing its position as an industry leader [4]. Group 4: Future Aspirations - The company aims to list on the Science and Technology Innovation Board to further enhance its research and development capabilities and production capacity, continuing to lead in hydrogen power supply technology innovation [5]. - The growth trajectory of the company reflects the successful cultivation of high-tech enterprises in Zhongxiang City and the promotion of industrial upgrades, positioning it to play a significant role in the global green energy revolution [5].