Beijing Electromechanical Co., Ltd. (00187) rose more than 8%. As of press release, it rose 8.80% to HK$2.72, with a turnover of HK$13.89 million.
The Zhitong Finance App learned that Beijing Electromechanical Co., Ltd. (00187) rose more than 8%. As of press release, it had risen 8.80% to HK$2.72, with a turnover of HK$13.89 million.
According to the news, on February 20, the Ministry of Transport issued opinions on China Electric Power Investment Group Co., Ltd. carrying out pilot work for the construction of a strong transportation country, such as heavy truck power exchange station construction networking and operation demonstrations. In principle, it is agreed to carry out pilot projects in heavy truck power exchange plant construction and operation demonstrations, hydrogen fuel cell research and development and application of hydrogen energy transportation operating platforms, and construction and application of city-level green energy transportation systems.
According to reports, Jingcheng Co., Ltd. is mainly engaged in the manufacture of gas storage and transportation equipment, and is currently cooperating with major car manufacturers to further expand the gas storage and transportation market. The company said that the 70 MPa high-pressure aluminum liner carbon fiber fully wrapped composite gas cylinders (hydrogen storage cylinders) produced by the company have been used in batches in the field of hydrogen fuel cell vehicles and fuel cell backup power supplies.
CITIC Securities pointed out that looking ahead to 2024, policy effects are expected to continue to accumulate, the development of the FCEV and green hydrogen industry chains is expected to accelerate, and the industry is expected to be repaired. According to estimates of the hydrogen energy medium- to long-term development plan goals, the hydrogen energy vehicle industry chain market size is expected to double continuously in 2024/2025. Emerging applications of green hydrogen will gradually be implemented or driven to achieve a CAGR of 75% in demand for electrolyzers from 2025 to 2030.