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Hydrogen Energy Co., ltd. of SPIC Launched Transportation Operating Platform in Yanqing, Beijing

On September 7th, 2021, Hydrogen Energy Co., ltd. of SPIC officially launched a new subsidiary named Hydrogen Power Technology Co., Ltd. in Yanqing District of Beijing. The new company, a portfolio company of Plateau, is the transportation operating platform of SPIC for Hydrogen-energy transportation. 

Hydrogen power technology Co., Ltd. was established by Hydrogen Energy Co., ltd. of SPIC, Plateau and some other shareholders. The mission of this company is to build the largest operating platform and data platform for vehicles powered by fuel cells in China, which will speed up the development of hydrogen energy industry and strategic expansion of SPIC in hydrogen power area. Also it will provide transportation services with hydrogen power during 2022 Winter Olympic in Beijing.  

Ms. Yang, Jiping, partner of Plateau, joined the opening ceremony of Hydrogen Power Technology Co., Ltd. as the representative of one of the major strategic shareholders. She expressed strong confidence on the company’s future growth under long-term support of both financial and industrial resources from Plateau.