Beijing Future Science City plans to transfer 1.8621% of its shares in Hydrogen Science and Technology, with a 24209 of 16.21 million yuan and a valuation of 13.001 billion yuan. China Hydrogen Technology has completed the B-round financing, with a financing amount of 4.5 billion yuan, becoming the largest unicorn enterprise in the hydrogen energy industry.
Hydrogen Cloud Chain has learned that, according to the disclosure of Beijing Property Exchange on December 28, Beijing Future Science City Industrial Development Co., Ltd. (Hereinafter referred to as "Future Science City") intends to transfer 1.8621% of its shares in Hydrogen Energy Technology Development Co., Ltd. The transfer base price is 16.21 million yuan 24209, and the valuation of hydrogen technology is 13.01 billion yuan according to the base price. The Future Science City is 100% indirectly held by the SASAC of Changping District, Beijing. "Four-step Strategy" of
National
Hydrogen Technology Mixed Reform
According to the mixed reform plan previously disclosed by National Hydrogen Science and Technology, on the premise of guaranteeing the relative holding of state-owned capital, National Hydrogen Science and Technology enlarges the function of state-owned capital, gives full play to the role of non-public capital, speeds up the diversification of equity, and implements the "four-step strategy". In the follow-up financing process, the group company still maintains the relative holding of the hydrogen energy company, and then invests in the hydrogen energy company according to the valuation and price, and in principle maintains the 35% control of the hydrogen energy company. In
the first step, A round of financing has been launched in 2020, and four strategic investors have been introduced, with A post-investment valuation of over 1 billion yuan.
The second step is to launch A + round financing in 2021, introduce industrial investors, and realize the bundling of industrial resources. The pre-investment valuation is estimated to be 2.5 billion yuan, and the financing amount is 1 billion yuan.
The third step is to launch round B financing in 2022, introduce financial investors and give full play to the role of non-public capital.
The fourth step is to launch the listing in 2023 and before 2025.
At present, China Hydrogen Technology has successfully completed the B-round financing in 2022, with a financing amount of 4.5 billion yuan. Through the B-round financing, China Hydrogen Technology has become the largest unicorn enterprise in the hydrogen energy industry, with 11 new investors introduced.
According to the hydrogen cloud chain database, more than ten hydrogen energy enterprises have recently completed a new round of equity financing, and hydrogen energy investment is extremely hot, especially Guohong Hydrogen Energy's successful listing of Hong Kong stocks with a market value of 10 billion yuan has made the whole hydrogen energy circle "boiling". Hydrogen energy industry is one of the few industries that can sustain growth and boom in the current financial environment. Due to the periodic tightening of the whole IPO environment, the medium and long-term value of hydrogen energy will be relatively more favored by capital and the attention of the government.
With the gradual arrival of subsidy funds for hydrogen energy industry, especially the domestic decarbonization industry has gradually entered the deep water area, the application of hydrogen energy is expected to accelerate significantly. Taking the recent bidding for domestic terminal equipment as an example, China Nengjian has issued a tender for 565 MW electrolyzers, and the opening of PEM electrolyzers in December has exceeded 20 MW for the first time. Many places have issued tenders for 100 or more fuel cell vehicles. In 2024, the hydrogen energy industry is expected to usher in a round of "Davis Double Click" market.