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China National Petroleum Corporation, a large state-owned energy enterprise, is accelerating research on technologies related to the hydrogen industry. Recently, the China National Petroleum Corporation’s directly affiliated research institution for downstream operations, the Research Institute of Petrochemicals of CNPC (hereinafter referred to as the “Petrochemicals Institute”), held a ceremony to establish new organizations focused on new energy and new materials, officially founding three new research institutes dedicated to hydrogen energy, biochemistry, and new materials. The Hydrogen Energy Research Institute will focus on research into technologies related to the hydrogen industry, such as hydrogen production, storage, transportation, and efficient utilization, fuel cells, and energy storage technologies, all within the framework of CNPC’s efforts in this field. He Shengbao, Chief Engineer of China National Petroleum Corporation’s refining and chemical processing division, as well as Party Secretary and President of the Petrochemical Research Institute, said that he hopes that the three new research institutes, including the Hydrogen Energy Research Institute, will aim high in their development, have a clear direction, act swiftly, and adopt innovative mechanisms. CNPC has officially established a hydrogen energy research institute, marking the acceleration of CNPC’s efforts in technological innovation in the field of hydrogen energy. China National Petroleum Corporation is one of China’s main oil and gas producers and suppliers, and it is a state-owned enterprise of super-large scale under direct central government management. Under the \"dual carbon\" goals, China National Petroleum Corporation is accelerating its transition toward green and low-carbon development. Even before the establishment of this hydrogen energy research institute, Sinopec had already made significant efforts in the field of hydrogen energy: it founded Shanghai CNPC Shenneng Hydrogen Energy Technology Co., Ltd., created a new cooperation platform centered on hydrogen energy, and began planning to build the first oil-hydrogen combined station in the Lingang New Area of Shanghai ; Sign a cooperation agreement for the 70MPa hydrogen station project to advance the construction of the demonstration hydrogen station ; It supports the hydrogen supply infrastructure for Beijing and the Winter Olympics by establishing hydrogen refueling stations at Capital Airport, along the Beijing-Zhangjiakou highway, and at the parking areas for hydrogen-powered vehicles used in the 2022 Olympics. It also aims to develop several high-speed hydrogen corridors, as well as to build an industrial chain for hydrogen energy, along with core technologies and standard systems related to key materials. Recently, CNPC also invested 10 billion yuan to establish an industrial capital investment company, aiming to make significant moves in areas such as hydrogen energy. The establishment of a hydrogen energy research institute today indicates that CNPC is making efforts to promote rapid and high-quality development in the field of hydrogen energy. Industry analysts believe that the establishment of the China National Petroleum Hydrogen Energy Research Institute will, to a certain extent, provide strong scientific research support for CNPC’s ongoing and comprehensive advancement of its hydrogen energy strategy.