Nearly 100 million yuan! Fengyuan Hydrogen Energy Completes Round B and Round B + Financing

According to Cornerstone Venture Capital, Fengyuan Xinchuang Technology (Beijing) Co., Ltd. (Hereinafter referred to as Fengyuan Hydrogen Energy) announced the completion of round B and round B + financing, totaling nearly 100 million yuan, of which round B financing was led by Cornerstone Venture Capital. Founded in 2017

, Fengyuan Hydrogen Energy is one of the few companies in China that integrates the R & D, production and sales of hydrogen fuel cells and their core components with independent intellectual property rights, providing hydrogen energy solutions for automobiles, UAVs, emergency power supply and other platforms. In 2018, a research and development and production base of tens of thousands of square meters was built in Pinghu, Zhejiang. Up to now, more than 10 service points have been built in China and gradually expanded overseas. In 2022, the company's fuel cell system and stack installed capacity entered the top ten in the industry.

Fengyuan Hydrogen Energy has independently applied for or obtained 150 fuel cell patents, of which 100 are invention patents, realizing the mass production of "three-layer independent" fuel cell products, and the "four major components"-stack, membrane electrode, bipolar plate and catalyst have the capacity of localization and independent mass production. At present, Fengyuan Hydrogen Energy has been actively deployed in Beijing, Zhejiang, Henan, Sichuan and Chongqing, covering a variety of vehicle scenarios such as public transport, logistics, insulated vehicles, heavy trucks and hydrogen power generation scenarios. After the completion of round

B and round B + financing, Fengyuan Hydrogen Energy will further strengthen the R & D and mass production of hydrogen fuel cell products and core components.