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 IPO project of Corun New Materials, a leading domestic proton membrane company, has officially commenced with the signing of agreements with various financial and legal institutions, marking a significant milestone in the company's development [1][3][5]. Group 1: Company Overview - Corun New Materials specializes in the research and production of perfluorosulfonic acid proton exchange membranes, with a focus on hydrogen fuel cells, vanadium flow energy storage, and water electrolysis for hydrogen production [9]. - The company has an annual production capacity of over 1.5 million square meters of proton membranes, achieving a market share of over 70% in the domestic perfluorosulfonic acid proton exchange membrane sector [11]. Group 2: Research and Development - Corun New Materials holds over 120 patents related to perfluorinated ion membranes, including one PCT international patent, and has a research team that constitutes over 50% of its total workforce [12]. - The company collaborates with prestigious institutions such as Xiamen University and the Chinese Academy of Sciences, establishing key laboratories and innovation platforms [12]. Group 3: Market Position and Achievements - Corun New Materials has become a top player in the domestic proton exchange membrane industry, with its products exported to developed countries including Japan, South Korea, Canada, and Germany [11]. - The company has been recognized as a potential unicorn enterprise in China and has received various accolades, including the Jiangsu Provincial Science and Technology Award [12].