Guofu Hydrogen

What Guofu Hydrogen does

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (GUOFUHEE), founded in June 2016 and listed on the Hong Kong Stock Exchange (HKEX:2582) in November 2024, is a Chinese manufacturer of integrated hydrogen energy equipment spanning the full value chain: production, storage, transportation, liquefaction, refueling, and end-use. Its five core product lines are the Hydrogen Generation System (alkaline water electrolysis, GFEL series, up to 1000 Nm³/h per stack / 5MW), the Hydrogen Liquefaction System (5-30 TPD packages), the Vehicle-Mounted Hydrogen Supply System (Type III, 35/70 MPa), the Hydrogen Refueling Station System (350/700 bar), and the 1.5MW Natural Gas Reforming Fuel Cell for data center power (GF-EneServer-1.5M, modular up to 9MW+). Technical differentiators include multi-stage pre-cooling hydrogen expansion refrigeration for 20K liquefaction, NCALD hydrogen-compatible materials technology (jointly with Creative Platech), and CE certification from TÜV Rheinland enabling EU market access; the company drafted three Chinese national standards for liquid hydrogen (GB/T 40045/40060/40061-2021).

The company sells to utilities, industrial gas producers, port authorities, data center operators, and government-linked energy companies via a hybrid model combining direct enterprise sales, international JVs (HyCee in Singapore, Guofuhee Brazil, RCT GH Germany, Hydro Data Thailand, Hylium Korea), regional distributors (Sacotel Znshine Middle East, PT. BTG, Line Hydrogen Australia, ADVAIT India), and licensing/localized manufacturing partnerships. Revenue streams span hardware sales (electrolysers, liquefaction equipment, refueling stations, VHSS, fuel cells), project services (FEED, EPC, O&M), technology licensing and certification support, and green hydrogen offtake/sales (e.g., Inner Mongolia 20,000 t/yr with China Coal Green Energy). Pricing is project-specific and not publicly disclosed, with individual contracts in the $5M–$11M range and a $30M committed investment in a 1GW Moroccan electrolyser factory. Customer concentration is diversified across 12+ named enterprise accounts spanning Asia, Africa, Europe, Oceania, and the Americas, with manufacturing and operations in 8+ countries.

Name

Guofu Hydrogen

Legal name

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd.

Website

https://en.guofuhee.com

Company type

Public

Founded year

2016

Operating status

Operating

Headcount range

101–250 employees

Short description

GUOFUHEE is a Chinese manufacturer (HKEX:2582, IPO Nov 2024) of integrated hydrogen energy equipment — alkaline electrolysers, liquefaction systems, refueling stations, vehicle hydrogen supply, and fuel cell power — serving utilities, ports, data centers, and industrial clients globally across 8+ countries.

Ownership category

akta.pro rank

Product category

Hydrogen Energy Equipment

NAICS

Industrial Gas Manufacturing (32512), Air and Gas Compressor Manufacturing (333912), Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Turbine and Turbine Generator Set Units Manufacturing (333611), Power Boiler and Heat Exchanger Manufacturing (332410)

SIC

Engines & Turbines (3510), Oil & Gas Field Machinery & Equipment (3533)

akta.pro primary industry

Hydrogen Energy Storage & Power-to-X Equipment (electrolyzers, storage, fuel cell systems) (IMAGAHAM)

akta.pro secondary industries

Hydrogen & Derivative Fuels for Industry (H₂, Ammonia, Methanol) (EUABAJAC), Hydrogen CHP (Fuel Cell & H2-Ready Turbines) (EUACAKAF), Hydrogen Production Supply & Offtake (Green/Blue H2) for Utility Blending (EUAJAJAF), Hydrogen Distribution Pipelines (Local/Regional Networks) (TLAGAGAB)

Keywords

• Hydrogen energy equipment
• Alkaline water electrolysis
• Hydrogen refueling stations
• Hydrogen liquefaction systems
• Fuel cell power systems

Headquarters

HQ city

Zhangjiagang

HQ country

China

HQ region

Asia

Offices10 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Technology or R&D, Personnel, Operations, Marketing or Sales

Revenue model

1. Hydrogen Equipment Manufacturing and Supply: Sale of hydrogen generation systems (electrolysers), hydrogen liquefaction equipment, hydrogen refueling stations, vehicle-mounted hydrogen supply systems, and fuel cell power generation systems. Equipment is sold to utilities, industrial companies, logistics operators, port authorities, and data center operators globally. Deals range from individual equipment units to large-scale project packages.
2. Project Design and Engineering Services: Full project cycle support covering design, manufacturing, installation, commissioning, and maintenance services for hydrogen infrastructure. Services include FEED (Front-End Engineering Design), EPC contracting, and ongoing O&M.
3. Technology Licensing and Certification Services: Licensing of proprietary hydrogen technologies, certification support (CE, ISO), and technical training services. The company holds CE certification for EU market access and provides international certification oversight for projects in Malaysia, India, and other markets.
4. Green Hydrogen Supply and Sales: Offtake and sales of green hydrogen produced from renewable energy-based hydrogen generation, including agreements with China Coal Green Energy for 20,000 tons/year green hydrogen sales in Inner Mongolia, and distribution partnerships across Southeast Asia.

Go-to-market motion3 records

Distribution channels4 records

Marketing channels5 records

Core offering

Guofu Hydrogen (GUOFUHEE) manufactures and supplies integrated hydrogen energy equipment across the full industry value chain: hydrogen production via alkaline water electrolysis (electrolyser systems), hydrogen liquefaction systems, vehicle-mounted hydrogen storage cylinders, hydrogen refueling stations, and natural gas reforming fuel cell power systems for data centers. The company also delivers full project-cycle services including design, manufacturing, EPC contracting, installation, commissioning, and O&M, supported by technology licensing and international certification (CE, ISO) for global markets.

Product overview

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. (GUOFUHEE) is a leading integrated solutions provider of hydrogen energy equipment in China, specializing in developing and manufacturing hydrogen energy core equipment used in the entire industry value chain: hydrogen production, storage, transportation, refueling, and use. The company operates a comprehensive portfolio of five core products: (1) Hydrogen Generation System (HGS) using alkaline water electrolysis technology with capacities up to 1000 Nm³/h; (2) Hydrogen Liquefaction System providing 5-30 TPD liquefaction solutions for storage and transportation; (3) Vehicle-Mounted Hydrogen Supply System (VHSS) for automotive hydrogen storage; (4) Hydrogen Refueling Station System (HRS) with 350/700 bar capabilities; and (5) 1.5MW Natural Gas Reforming Fuel Cell for data center power generation. GUOFUHEE also provides full project cycle services including design, manufacturing, technical services, installation, commissioning, and maintenance across global markets.

Differentiator

Problem solved

Functional benefit

Brands

• GF-EneServer-1.5M: 1.5MW Natural Gas Reforming Fuel Cell data center power supply system with modular architecture for data center energy solutions
• GFEL
• HTWO Guangzhou

Products and services

• Hydrogen Generation System (HGS) Alkaline water electrolysis (AWE) system for green hydrogen production with capacities ranging from 200 to 1000 Nm³/h. The system includes electrolysis stack (GFEL series), gas-liquid separator, and purification system, enabling green hydrogen production from renewable energy sources for utilities, industrial companies, and hydrogen refueling station operators.
• Hydrogen Liquefaction System 5-30 TPD hydrogen liquefaction process packages for hydrogen long-term storage and long-distance transportation. Includes pre-cooling cold box (80K), hydrogen liquefaction cold box (20K), hydrogen expanders, and liquid hydrogen storage tanks, serving industrial gas companies, port export hubs, and logistics operators.
• Vehicle-Mounted Hydrogen Supply System (VHSS)

Quantifiable outcome

• Qilu Liquid Hydrogen Project: 10 ton/day production capacity, <12 kW·h/kg-LH₂ energy consumption, >98.5% para-hydrogen content, >7N purity — meeting or exceeding international advanced standards.
• +2 more outcomes

Named customers13 records

Segments6 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature7 records

Partnerships

26 partnerships are on record, tiered core, strategic and minor.

• U Power Limited / Hydro Data Limited JVcoreStrategic or Co-development Partner · 27 May 2026Joint venture with U Power Limited (majority stakeholder) and Cloud Digital Chain Limited to provide AI-driven hydrogen energy management solutions for intelligent data centers in Thailand. GUOFUHEE provides power generation equipment. JV won DIF Awards 2026 'Data Center Power & Energy Solution' for 3MW pilot in Rayong, Thailand with planned 100MW deployment. This is GUOFUHEE's flagship data center energy entry point.
• CEWA Group (Charoen Energy and Water Asia)coreStrategic or Co-development Partner · 27 May 2026Thai independent power producer leading local infrastructure development for the 100MW data center hydrogen power project in Rayong, Thailand. CEWA Group provides site development and grid integration while GUOFUHEE supplies hydrogen power generation equipment for the 3MW pilot phase.
• CP Group Family Fund (Thailand)coreStrategic or Co-development Partner · 28 April 2026Strategic JV with CP Group family fund holding company for AI data center power solutions and hydrogen energy infrastructure across Southeast Asia. Three pillars: low-carbon power for AI data centers (targeting True IDC and hyperscale operators), hydrogen mobility and refueling network in Thailand's EEC, and smart drone ecosystem for agriculture and logistics.
• BTE and Hylium (North America)strategicStrategic or Co-development Partner · 5 March 2026Tripartite supply cooperation for 10MW-class hydrogen power generation demonstration project at a North American data center. GUOFUHEE provides hydrogen production system package and technical services; partners handle engineering delivery and power generation systems. Represents GUOFUHEE's entry into the North American market.
• Line Hydrogen (Australia)coreStrategic or Co-development Partner · 8 January 2026Strategic investment and equipment supply partnership for Tasmania green hydrogen project. GUOFUHEE acquired a 14% stake in Line Hydrogen and secured supply contract for water electrolysis systems, hydrogen refueling stations, and MEGC containers for the George Town 7.6 MW project. GUOFUHEE also plans 1GW electrolyzer manufacturing capacity in Brazil by 2030.
• Nova RE Suria Sdn Bhd (NRSSB) (Malaysia)coreStrategic or Co-development Partner · 21 November 2025200MW green hydrogen production facility in Terengganu, Malaysia producing ~30,000 tons/year for local consumption and international export. GUOFUHEE handles green hydrogen distribution to Southeast and East Asia markets and provides equipment and technical solutions for hydrogen transportation segment.
• PT. Batam Teknogi Gas (PT. BTG) (Indonesia/Singapore)strategicChannel Partner/ Reseller/ Distributor · 25 October 2025Hydrogen energy cooperation covering Malaysia, Singapore, and Indonesia. PT. BTG leads liquid hydrogen distribution to Malaysia stations and across Indonesia/Singapore. Joint investment in hydrogen production plant in Indonesia. PT. BTG procures liquid hydrogen transport tank containers and refueling station systems from GUOFUHEE.
• Hylium Industries (Korea) - Liquid Hydrogen Drone ProjectstrategicTechnology or Integration · 18 October 2025Liquid hydrogen-powered drone project in Jiaxing Nanhu High-Tech Industrial Development Zone. GUOFUHEE and Hylium plan to expand production of liquid hydrogen cylinders, storage tanks, and drone hydrogen supply systems. GUOFUHEE making strategic investment in Hylium's Pre-IPO and subsequent development.
• INNEOVA Holdings Limited (Singapore)strategicStrategic or Co-development Partner · 14 October 2025HyCee JV with INNEOVA for hydrogen vehicle ecosystem in Singapore including development of 20 hydrogen-powered refuse collection vehicles, refueling services via H2G JV, vehicle certification support, and operational leasing services.
• China Coal Green Energy Technology (China)coreStrategic or Co-development Partner · 14 October 2025Green hydrogen generation and sales partnership for integrated wind-solar hydrogen project in Ulanqab, Inner Mongolia. China Coal Green Energy invests in and constructs wind-solar and hydrogen generation systems. GUOFUHEE supplies electrolyzers and serves as green hydrogen offtaker. Target of 20,000 tons/year green hydrogen sales (first phase 10,000 tons).
• GF HYDROGEN AFRICA - Agadir Green Hydrogen ProjectstrategicStrategic or Co-development Partner · 13 October 2025Residential Hydrogen Energy Storage System deployment at Moroccan hotel in Agadir. Part of broader Morocco hydrogen ecosystem including Center of Excellence and port refueling stations. Demonstration model for hotel sector green hydrogen utilization supporting 2030 FIFA World Cup infrastructure.
• Hylium Industries (Korea)coreStrategic or Co-development Partner · 15 September 2025Hydrogen production, storage, and transportation systems partnership for Korean market. Includes capital participation in Hylium's future financing, joint venture establishment in Korea, liquid hydrogen sales network expansion, and logistics pathway for 10,000 tons/year liquid hydrogen from Northwest China to Korea by 2027.
• GF Hydrogen Africa (GFHA) and EHTP Institute (Morocco)coreStrategic or Co-development Partner · 5 September 2025North Africa's first integrated clean hydrogen demonstration system at EHTP campus with 10 Nm³/h electrolyser and 10kW fuel cell CHP. GUOFUHEE dispatched 60+ engineers and plans $30M investment in 1GW electrolyser factory in Morocco. Follow-on projects include hotel hydrogen storage, port refueling stations, and hydrogen truck demonstrations for 2030 World Cup.
• Bintulu Port Holdings Berhad (BPHB) (Malaysia)coreStrategic or Co-development Partner · 11 August 2025MoU for Southeast Asia's first 10-ton/day liquid hydrogen demonstration project at Bintulu Port, Sarawak. Feasibility studies and technical evaluation for integrated liquid hydrogen production, storage, and export facility. Planned upgrade to 100+ tons/day production base with Malaysian sovereign fund investment. GUOFUHEE is the sole Chinese enterprise among three signatories.
• Jiangsu Creative Platech New Material Technology (China)coreTechnology or Integration · 8 August 2025Joint investment in R&D and production base for hydrogen-compatible materials using NCALD technology. Phase One at Guofuhee Zhangjiagang facility; Phase Two in Zhangjiagang Chemical Industrial Park. Focus on bipolar plates, separator plates, and end plates. Supports Guofuhee's 3GW domestic and 3GW overseas electrolyzer capacity with domestically produced materials.
• Hemtron GmbH (Germany)coreStrategic or Co-development Partner · 5 August 2025Liquid hydrogen supply chain partnership covering hydrogen liquefaction plant construction, refueling station deployment, and low-temperature storage and transportation. Focus on flexible 'non-pipeline' liquid hydrogen solutions for European market. Both parties to jointly advance multiple projects and integrate premium global hydrogen technologies.
• Asia Energy / TNB (Malaysia)strategicStrategic or Co-development Partner · 22 July 2025Malaysia's first renewable energy-based hydrogen demonstration project at TNB's JEP power plant. 50 Nm³/h alkaline and PEM electrolysis systems with storage tanks and SCADA. HyCee JV provides local market resources and project management. Project covers green hydrogen production, compression, storage, and supply for generator cooling.
• H2G Green Ltd / Green Energy Investment Holdings (GEIH) (Singapore)coreStrategic or Co-development Partner · 17 July 2025JV through HyCee for Singapore's first green hydrogen refueling station (200 kg/day) using biomass-to-hydrogen supply. GEIH provides green hydrogen from its biomass facility and handles O&M; HyCee handles site selection, construction, and station operation. Expanded cooperation from FEED contract to full station deployment.
• ADVAIT Energy Transitions Limited (India)coreStrategic or Co-development Partner · 24 April 2025$5M annual procurement contract for alkaline water electrolysis equipment and core components in 2025, with plans to jointly establish a 300MW electrolyzer manufacturing base in India. ADVAIT won PLI scheme subsidies totaling 300MW for local production. Represents GUOFUHEE's upgrade from single equipment export to systematic industrial collaboration.
• Guofuhee Brazil / Fastpack SA - Hypack Chile ConsortiumcoreStrategic or Co-development Partner · 8 April 2025Chilean electrolyzer manufacturing base selected for Corfo 'Electrolyzer and Component Localization Manufacturing Program' grant. $6M Chilean government funding plus $4M corporate capital. First green hydrogen equipment manufacturing base in South America in Santiago Metropolitan Region, integrated into Chile's 12.8 GW Green Hydrogen Megaproject. Scheduled to commence operations by mid-2026, creating 200-450 local jobs.
• SENAI-SP / Guofuhee Brazil PartnershipminorStrategic or Co-development Partner · 8 April 2025Parceriros project with SENAI-SP for hydrogen technology research and teaching in Brazil, including installation of 100 kW water electrolysis hydrogen generation system at SENAI school in Indaiatuba. Also plans Ceará State assembly plant targeting 5GW of water electrolysis systems by 2030.
• The Hong Kong and China Gas Company Limited (Towngas)coreStrategic or Co-development Partner · 28 March 2025Strategic cooperation on green hydrogen supply, liquid hydrogen applications, hydrogen blending in city gas, and green methanol production. GUOFUHEE provides green hydrogen from Inner Mongolia production base; Towngas expands hydrogen usage in city gas networks across Hong Kong and mainland China.
• Fives (France)coreTechnology or Integration · 11 January 2024Partnership with French cryogenic engineering leader Fives for liquid hydrogen equipment supply. Fives supplies state-of-the-art cryogenic heat exchangers, cold boxes, and cryogenic pumps for Guofuhee's liquid hydrogen installations in China. Fives has over 50 references in hydrogen liquefaction equipment globally.
• RCT GH Hydrogen (Germany)coreTechnology or Integration · 1 September 2023German-Chinese JV for 250MW electrolyser manufacturing plant in Konstanz, Germany (launch planned Q1 2026). Produces 5MW pressurized alkaline electrolysers for European green hydrogen projects. JV strategically relocates production to Germany to classify equipment as locally manufactured, bypassing European Hydrogen Bank restrictions on Chinese-made electrolysers in EU-backed projects.
• Evvo Labs and Xindongxin Corporate Management Company (Singapore)strategicStrategic or Co-development Partner · 3 August 2023Three-party strategic cooperation to establish JV in Singapore and develop hydrogen energy projects across Southeast Asia including Malaysia, Vietnam, Philippines, Indonesia. Leverages Singapore as hub to lead development across ASEAN markets.
• Sacotel Znshine (Middle East)coreChannel Partner/ Reseller/ Distributor · 21 June 2023Exclusive sales partnership for Middle East markets. Sacotel Znshine develops the market and sells electrolyzer systems and other hydrogen energy equipment to Middle East clients. Five-year target of not less than $500 million in electrolyzer market orders.

Scale indicators9 records

Recent moves11 records

Expansion highlights6 records

Direct peers

• Plug Power: US-based hydrogen fuel cell and PEM electrolyzer manufacturer with end-to-end green hydrogen solutions. Comparable product portfolio across electrolysis, storage, and refueling infrastructure serving similar industrial and mobility customers.
• Nel ASA: Norwegian hydrogen equipment company producing alkaline and PEM electrolysers and hydrogen refueling stations. Most direct global competitor to Guofuhee's HGS and HRS product lines with similar full-chain ambitions and global deployment focus.
• Sungrow Hydrogen: Chinese hydrogen equipment subsidiary of Sungrow Power Supply, producing PEM electrolysers and integrated hydrogen solutions. Domestic Chinese competitor with comparable target market in green hydrogen and refueling infrastructure.
• ITM Power: UK-based PEM electrolyzer specialist with global project deployment. Directly competes in the hydrogen generation equipment category with Guofuhee's alkaline-based HGS, particularly in European and Middle Eastern markets.
• Ballard Power Systems: Canadian fuel cell manufacturer focused on heavy-duty mobility applications including buses, trucks, and trains. Comparable to Guofuhee's fuel cell power generation system (GF-EneServer) and hydrogen mobility applications.
• thyssenkrupp nucera: German electrolyzer specialist (alkaline and PEM) supplying large-scale hydrogen production plants. Competes with Guofuhee in industrial-scale hydrogen generation, particularly relevant given Guofuhee's RCT GH German manufacturing JV.

Others

• Fives Group: French cryogenic engineering company and Guofuhee's liquid hydrogen equipment partner, supplying cold boxes, heat exchangers, and cryogenic pumps. Adjacent/ecosystem participant enabling Guofuhee's liquefaction systems with 50+ hydrogen liquefaction references globally.

Broad incumbents

• Doosan Enerbility (Doosan Fuel Cell): South Korean conglomerate with fuel cell and hydrogen business units. Comparable through fuel cell power systems competing with Guofuhee's natural gas reforming fuel cell product line, with broader industrial portfolio.
• Cummins (Accelera by Cummins): Diversified power technology major with Accelera hydrogen business producing PEM electrolysers and fuel cell systems. Competes with Guofuhee's HGS in electrolyser market and fuel cell power generation, with broader portfolio resources.

Emerging players

• LONGi Green Energy Technology: Chinese solar giant that has expanded into green hydrogen equipment including alkaline and PEM electrolysers. Comparable through Chinese-market electrolyzer competition and integration of solar-to-hydrogen value chain.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors3 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Guofu Hydrogen