【Haichuan Project Updates】Qixiang Tengda invests 120 million yuan in a new hydrogen upgrading project

Thread Content

At the 22nd meeting of its fifth board of directors, held on April 28, 2022, Qixiang Tengda approved the resolution regarding the investment in a project to upgrade hydrogen processing capabilities. The company plans to invest in the construction of a pure hydrogen filling facility with a capacity of 6,000 Nm3/h, a pure hydrogen filling and relocation facility with a capacity of 1,500 Nm3/h, a hydrogen filling and relocation facility with a capacity of 9,000 Nm3/h, as well as a hydrogen power generation system and related supporting facilities. Once completed, this project will enable the company to have a hydrogen filling capacity of 16,500 Nm3/h. The total estimated investment for this project is 121 million yuan, of which 99.2 million yuan is for fixed asset investment and 3.63 million yuan is for working capital; all of these funds will be raised by the company itself.