What SinoHytec does

SinoHytec (Beijing SinoHytec Co., Ltd. / 亿华通) is a Beijing-headquartered, A+H dual-listed (688339.SH, 02402.HK) manufacturer of hydrogen fuel cell engines, PEM water electrolyzers, and fuel-cell-based combined heat and power (CHP) systems. The company employs a 'peeling the onion' vertical technology strategy covering cell, stack, membrane electrode assembly (MEA), bipolar plate, system integration and testing, with 100% domestic component localization. Its product portfolio spans 30–300kW fuel cell engines across G, M and T series for buses, logistics, sanitation, and heavy-duty trucks; P200/P500 CHP modules and a 2.5MW modular CHP station; and 100 Nm³/h PEM electrolyzers for green hydrogen production, complemented by monitoring subsystems (Flexible CVM, TMS 2.0) and a 260kW liquid-hydrogen variant.

The company operates a sales-led B2B model targeting commercial-vehicle OEMs (Foton, Yutong, Shenlong, BAIC), municipal demonstration programs (20+ cities including Beijing, Zhangjiakou, Shanghai, Chengdu, Yining, Guangzhou), state-owned energy and industrial users (Hesteel, Pengfei Group, Beijing Gas, PowerChina Kunming), and select international OEMs via channel partners (Mitsubishi Fuso, Proton Auto, TAM-Europe). A 50/50 joint venture with Toyota (Huafeng Fuel Cell) and a 5-party Fuel Cell R&D consortium (FCRD with FAW, Dongfeng, GAC, BAIC) embed the technology into OEM product lines. Revenue is generated predominantly from hardware sales of fuel cell systems, CHP stations, PEM electrolyzers, and stationary generators, supplemented by equity earnings from the Huafeng JV, project-based engineering services for hydrogen refueling and demonstration infrastructure, and a recently launched energy storage business. Pricing is quote-based and project-based rather than list-priced.

SinoHytec is a recognized category leader: 19% of China's FCEVs (6,000+ vehicles by December 2025) carry its engines; it holds 1,058+ patents and 104 software copyrights; has led/participated in 51 national and industry standards; was designated the lead unit of the National Energy R&D Innovation Platform (fuel cell track); and was named an MIIT 'Manufacturing Single Champion Enterprise' in March 2026. The company has supplied fuel cell systems to a wide range of customers including Beijing 2022 Winter Olympics (64% of 1,200 vehicles), Mitsui Fuso's liquid-hydrogen heavy truck at Tokyo Motor Show 2025, and exports to Australia, Japan, and Slovenia. It remains in a heavy-investment growth phase, with disclosed financials showing persistent net losses through 2025 alongside ongoing product, geographic, and vertical expansion.

Name

SinoHytec

Legal name

Beijing SinoHytec Co., Ltd. (北京亿华通科技股份有限公司)

Website

https://sinohytec.com

Company type

Public

Founded year

2012

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

SinoHytec (亿华通) is a Beijing-headquartered, A+H dual-listed Chinese manufacturer of 30–300kW hydrogen fuel cell engines, PEM water electrolyzers, and CHP systems, serving commercial-vehicle OEMs, municipal demonstration programs, and industrial users; 19% of China's FCEVs carry its engines.

Ownership category

akta.pro rank

Product category

Hydrogen fuel cell engine manufacturing

NAICS

Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Motor Vehicle Gasoline Engine and Engine Parts Manufacturing (336310), Motor Vehicle Electrical and Electronic Equipment Manufacturing (336320), Turbine and Turbine Generator Set Units Manufacturing (333611)

SIC

Engines & Turbines (3510), Cogeneration Services & Small Power Producers (4991), Electronic & Other Electrical Equipment (No Computer Equip) (3600)

akta.pro primary industry

Hydrogen Fuel Cell Electric Vehicle (FCEV) Manufacturing (IMACACAJ)

akta.pro secondary industries

Fuel Cell CHP (SOFC/PEM—Natural Gas/Biogas/Hydrogen) (EUACAKAG), Hydrogen (Industrial & Mobility) (IMAEACAB)

Keywords

• Hydrogen fuel cell engines
• Combined heat and power systems
• PEM water electrolyzers
• Commercial vehicle powertrains
• Green hydrogen production equipment

Headquarters

HQ city

Beijing

HQ country

China

HQ region

Asia

Offices9 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

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

Revenue model

1. Hydrogen Fuel Cell Engine & System Sales: Core revenue stream from sale of proprietary G-series (30–240kW), M-series (M180, M30+ 300kW) and T-series (T100) hydrogen fuel cell engines and complete systems to commercial-vehicle OEMs (Foton, Yutong, Shenlong, BAIC, TAM-Europe, Mitsui Fuso, Proton Auto) and city demonstration fleets. Includes 240kW G20+ flagship product. Unit-pricing hardware model.
2. Combined Heat and Power (CHP) System Sales: Hardware sales of P200 (200kW), P500 (500kW) and modular 2.5MW CHP power stations for distributed generation in factories, supermarkets, communities and islands. Based on fuel-cell engine with batteries, radiators, heat exchangers and PCS components.
3. PEM Water Electrolyzer (Green Hydrogen Production Equipment) Sales: Sales of self-developed PEM electrolysis systems and electrolytic cells (420 kW, 100 Nm³/h rated) for green hydrogen production. Integrated into wind-PV-hydrogen projects (e.g., Xinjiang Yining, Zhangjiakou Zhangbei 200MW wind-hydrogen integrated demonstration) and hydrogen refueling stations.
4. Fuel Cell Generator Sets and Distributed Generation: Sale of modular 100kW fuel cell generator sets for distributed power generation projects (Australia Brisbane, data centers, industrial parks, office buildings). Growing product line targeting backup power and industrial users.
5. Energy Storage System Sales (Hybrid Storage): Newly launched energy storage business line (first order via SinoHytec Storage subsidiary + Sun.King Technology Group for distributed wind-power storage; hybrid vanadium-flow + fuel-cell storage solution with GuoRun Storage). Expansion into integrated 'source-grid-load-storage' energy systems.
6. Joint-Venture Equity Earnings (Huafeng with Toyota): 50/50 equity stake in Huafeng Fuel Cell Co., Ltd. with Toyota Motor Corporation (established 2021); produces TL Power 150 commercial-vehicle fuel cell system. Captures recurring profit share on Toyota-affiliated commercial-vehicle deployments.
7. Technology Licensing and Patent Disclosure (Industry Sharing): SinoHytec publicly disclosed 120+ thermal management patents (TMS 2.0) and other technical patents to accelerate industry adoption of fuel-cell heavy-truck technology. Indirect revenue lever through industry positioning and standards influence.
8. Engineering Services, Demonstration Project Integration & Technical Services: Project-based engineering, demonstration integration and technical services for hydrogen refueling stations (e.g., Chengdu Longquanyi 1,000 kg/day station), hydrogen energy storage demonstration projects (Zhangjiakou, Yining), and standards development services. Includes long-term operational and aftermarket support.

Pricing tiers

Go-to-market motion5 records

Distribution channels7 records

Marketing channels8 records

Core offering

SinoHytec designs, manufactures and sells hydrogen fuel cell engines and systems (30–300 kW across G, M and T series) for commercial vehicles, combined heat and power (CHP) modules and stations, and PEM water electrolysis systems for green hydrogen production. Its portfolio also includes monitoring subsystems (Flexible CVM, TMS 2.0 thermal management) and stationary 100kW fuel cell generator sets, sold primarily to vehicle OEMs, city demonstration programs, and energy/industrial customers in China and overseas.

Product overview

SinoHytec offers a platform-plus-modules hydrogen energy architecture rather than a single product. The portfolio is organized around three core pillars: (1) hydrogen fuel cell engines, delivered across the G Series (YHTG80pro, YHTG120, YHTG20+ 240kW), M Series (M180, M30+ 300kW), and T Series (T100) for buses, logistics, sanitation, passenger, and heavy-truck applications; (2) Combined Heat and Power (CHP) modules including the P200, P500, and 2.5MW modular Fuel Cell CHP Station; and (3) the PEM Electrolyzer for renewable-coupled green hydrogen production. Supporting subsystems include the Flexible CVM monitoring system, TMS 2.0 thermal management system, "Qingyun" (氢雲) CHP solution, 100kW stationary fuel cell power generation unit, and the 260kW liquid-hydrogen variant. SinoHytec executes its "dual-wheel drive" strategy (fuel cells + hydrogen production) and recently expanded into energy storage, with an additional overseas-track joint product — the TL Power 150 — developed with Toyota through their Huafeng joint venture.

Differentiator

Problem solved

Functional benefit

Brands

• Huafeng Fuel Cell (华丰燃料电池): 50/50 joint venture brand with Toyota Motor Corporation; produces hydrogen fuel cell systems including the TL Power series for commercial vehicles.
• United Fuel Cell System R&D (联合燃料电池系统研发)
• YHTG Series (YHTG80pro, YHTG120, YHTG20+, YHTG240)
• M Series (M180, M30+)
• T Series (T100)
• P Series CHP (P200, P500)
• Fuel Cell CHP Power Station (燃料电池热电联供电站)
• Flex-CVM (柔性CVM系统)
• 氢雲 (Hydrogen Cloud)

Products and services

• YHTG80pro Hydrogen Fuel Cell Engine G Series hydrogen fuel cell engine rated at 80.5 kW with peak 82 kW, mass power density 555 W/kg, maximum efficiency 59.13%, and -30°C cold start. Designed for buses, logistics vehicles, passenger vehicles, high-speed rail, and heavy-duty applications.
• YHTG120 Hydrogen Fuel Cell Engine G Series engine rated at 120.2 kW with peak 122.2 kW, mass power density 701 W/kg (rated) / 713 W/kg (peak), maximum efficiency 58.7%. Targeted at buses, sanitation vehicles, logistics vehicles, and group passenger vehicles.
• YHTG20+ 240kW Hydrogen Fuel Cell Engine G Series flagship engine rated at 241 kW with peak 261 kW, mass power density up to 820 W/kg (peak), maximum efficiency 60%, power ramp rate up to 64 kW/s. China's first in-vehicle 240kW fuel cell system, powering heavy-duty trucks and long-haul logistics; exported to Australia in 2025 with 500 km range.
• M180 Hydrogen Fuel Cell Engine M Series engine rated at 180 kW with peak 200 kW+, using parallel dual-stack manifold design, 60% maximum efficiency, 52% rated efficiency, up to 100 kW/s power ramp, -35°C cold start within 120 seconds, and lifespan exceeding 30,000 hours. Suited for intercity buses, tractor trucks, and dump trucks.
• M30+ 300kW Hydrogen Fuel Cell Engine Latest-generation 300 kW rated / 360 kW peak / 380 kW limit hydrogen fuel cell engine, mass power density 900 W/kg, 100% domestic components, -40°C cold start, supports both high-pressure gaseous hydrogen and low-pressure liquid hydrogen (minimum 0.5 MPa supply). Designed for heavy-duty trucks, slag trucks, and long-haul trunk logistics.
• T100 Hydrogen Fuel Cell Engine T Series engine using a metal bipolar-plate stack, rated 101 kW with peak 101 kW, volumetric power density 842 W/L, maximum efficiency 56.15%. Designed for high-reliability, long-life applications such as buses and group passenger vehicles.
• P200 Combined Heat and Power (CHP) System Modular CHP unit with 200 kW combined output (103 kW rated electrical, 102 kW rated heat), 54.25% maximum electrical efficiency, 91% combined efficiency, -35°C cold start. Outputs 380V/200V AC and 70–85°C hot water; supports grid-tied and off-grid operation for factories, supermarkets, communities, and islands.
• P500 Combined Heat and Power (CHP) System Higher-power CHP unit with 506 kW combined output (225 kW rated electrical, 281 kW rated heat), 49% maximum electrical efficiency, >85% combined efficiency, -35°C cold start. Designed for factory, supermarket, community, and island scenarios.
• Fuel Cell CHP Station (2.5MW Modular System) Containerized megawatt-scale CHP station with 2.5 MW rated power, 3 MW peak power, expandable in parallel, 46% rated electrical efficiency, >85% combined efficiency, 10 kV AC grid connection, and -35°C cold start. For industrial and distributed-generation scenarios.
• PEM Electrolyzer Self-developed PEM water electrolysis unit rated at 100 Nm³/h hydrogen output, 50 Nm³/h oxygen, 420 kW power, 3–4 MPa hydrogen pressure, ≤4.2 kWh/Nm³ DC power consumption, 84% stack efficiency, and 5–150% dynamic response range for renewable-energy coupling. Demonstrated in the Yining, Xinjiang green hydrogen project.
• TL Power 150 Hydrogen Fuel Cell System (with Toyota via Huafeng JV) High-power hydrogen fuel cell system jointly launched by SinoHytec and Toyota's 50/50 joint venture Huafeng Fuel Cell Co., Ltd. in May 2023. Rated 150 kW with FCPC/stack/BOP three-layer architecture for high integration, low hydrogen consumption, and long service life. Targeted at commercial-vehicle applications.
• 100kW Fuel Cell Power Generation Unit Modular stationary fuel cell generator with 100 kW output, intelligent digital control, real-time monitoring and energy-efficiency optimization, OTA upgrade and remote dispatch, multi-mode adaptive regulation (on-grid/off-grid/black-start), dual-power-module 24-hour uninterrupted supply, and fire-safety interlock design. Targets backup power, industrial parks, data centers, and office buildings; first overseas delivery to Brisbane, Australia in December 2025.
• 260kW Liquid Hydrogen Fuel Cell System Liquid-hydrogen-version high-power fuel cell system based on SinoHytec's proprietary graphite-plate stack. Supports 5 bar hydrogen supply pressure and 260 kW high-performance output, enabling 80 kg liquid-hydrogen refueling in 15 minutes and 1,200+ km range. Featured in Mitsubishi Fuso's H2FC liquid-hydrogen heavy truck at the 2025 Tokyo Motor Show.

Quantifiable outcome

• 19% market share of China's FCEVs (6,000+ vehicles equipped by Dec 2025)
• +12 more outcomes

Named customers22 records

Segments8 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability5 records

Feature9 records

Partnerships

23 partnerships are on record, tiered core, flagship and minor.

• Beijing Normal University (北京师范大学) & Foton (福田汽车)coreStrategic or Co-development Partner · 1 May 2026Joint R&D partners on 'Efficient, Durable and Economic Fuel Cell Power System' project awarded 51st Geneva International Invention Exhibition Gold Award (May 2026). Constructs a 'basic research + technology breakthrough + industrialization' full-chain innovation model; breakthroughs in 300 kW FC engine efficiency, durability, environmental adaptability (cold start to -40°C), and economic performance (49 t heavy truck hydrogen consumption and TCO significantly reduced).
• Shanxi GuoRun Storage Technology Co., Ltd. (山西国润储能)coreStrategic or Co-development Partner · 9 April 2026Strategic cooperation with SinoHytec subsidiary Shanghai SinoFuelCell. GuoRun specializes in all-vanadium flow battery systems, stack manufacturing, ion-membrane production and control systems; SinoFuelCell provides fuel-cell energy storage expertise. Jointly develop hybrid storage solutions (vanadium flow + fuel cell) for grid-side, renewables and user-side storage, building a 'short-term high-frequency + long-term large-capacity' dual-mode system.
• Zhongguancun Hydrogen & Fuel Cell Technology Innovation Industry Alliance (中关村氢能联盟)flagshipOthers · 24 March 2026SinoHytec Chairman Zhang Guoqiang re-elected Chairman (连任理事长) at the Alliance's second general assembly on March 24, 2026. Alliance plays a key role in industry coordination, technology innovation and regional development. Coincides with the 3rd Beijing Hydrogen Industry Conference & Beijing-Tianjin-Hebei Hydrogen Industry Development Summit.
• Sun.King Technology Group (赛晶科技集团)coreStrategic or Co-development Partner · 23 March 2026SinoHytec Storage subsidiary's first commercial order. Partnership centered on a distributed wind-power storage project. Parties plan to expand cooperation into integrated energy systems linking generation, grid, demand and storage ('source-grid-load-storage'). Marks SinoHytec's transition from strategic planning to operational execution in energy storage.
• Haitai New Energy (海泰新能) & Hebei Province Hydrogen Energy Society (河北省氢能学会)flagshipStrategic or Co-development Partner · 14 March 2026Three-party strategic cooperation for Zhangchengtang Hydrogen Regional Pilot (one of China's 9 national hydrogen pilots). Haitai provides stable hydrogen transport/supply via Kangbao-Caofeidian 1.55 million t/yr hydrogen pipeline. SinoHytec contributes fuel cell technology, hydrogen storage, project operations. Hebei Hydrogen Energy Society handles technology R&D, standards and resource integration. Coincides with National Energy Administration's first batch of hydrogen pilots.
• Topsoe (托普索公司, Denmark) & Royal Danish Embassy Commercial CounsellorminorStrategic or Co-development Partner · 23 January 2026Visit by Danish Embassy Commercial Counsellor Ma Jinglun and Topsoe Senior VP & China President Yang Dajun to SinoHytec Zhangjiakou production base. Tour of FC engine intelligent production line and comprehensive test center. Topsoe (80+ years in energy transition) focuses on green hydrogen production, synthetic fuels and energy storage. Discussions on cooperation in green hydrogen production, fuel cell systems and integrated energy storage solutions. Preliminary cooperation exploration.
• China Power Construction Kunming Engineering Co., Ltd. (中国电建昆明院)flagshipStrategic or Co-development Partner · 19 January 2026Strategic cooperation covering wind, PV, new energy storage, green-electricity hydrogen production, and zero-carbon computing centers. SinoHytec provides core technical support, key equipment and system solutions; Power China Kunming leverages full value-chain capability (investment, survey, design, construction, operation) to drive project delivery. Focus on 'green-electricity to green-hydrogen' model and scale deployment across energy, industrial and transport scenarios.
• Mitsubishi Fuso Truck and Bus Corporation (三菱扶桑 / MFTBC, Daimler Truck Group)flagshipOEM/ Whitelabel/ Licensing Partner · 1 November 2025SinoHytec supplies newly developed 260 kW liquid-hydrogen-version fuel cell system for global-first liquid-hydrogen heavy truck shown at 2025 Tokyo Motor Show. System based on proprietary graphite-plate stack, 5 bar supply pressure, integrated single-system architecture; low hydrogen consumption; supports full-scenario heavy-truck power needs. Truck: 80 kg liquid hydrogen refuel in 15 min, >1200 km range. SinoHytec sales director Roger and overseas business senior manager Louis attended the show.
• Pengfei Group (鹏飞集团)flagshipStrategic or Co-development Partner · 8 August 2025Strategic cooperation to scale hydrogen fuel cell vehicles in Lvliang. Initial purchase: 100 fuel cell heavy-duty trucks (coke transport routes) + 250 fuel cell logistics vehicles (urban cold-chain). Pengfei's 1.867 million t/yr coking capacity provides low-cost hydrogen; 70,000-truck logistics network offers scale deployment scenarios. Jointly build 'coking hydrogen source + heavy-truck manufacturing + logistics finance' Lu-Liang model for nationwide replication.
• Proton Auto (质子汽车)flagshipOEM/ Whitelabel/ Licensing Partner · 30 May 2025First batch of hydrogen fuel cell heavy-duty trucks equipped with SinoHytec 240 kW G20+ engine shipped to Australia; up to 500 km range. Proton Auto and Australian partner signed follow-on agreement for additional 20 hydrogen heavy-truck exports. Marks SinoHytec's entry into international mature market for hydrogen commercial vehicles.
• Hesteel Group Zhang宣科技 (Zhangxuan Technology, subsidiary of Hesteel Group)coreStrategic or Co-development Partner · 30 July 2024Strategic cooperation framework covering fuel cell vehicle demonstration, green hydrogen supply system and scaled hydrogen application; supports Hesteel Zhangxuan's carbon peak/neutral goals and Zhangjiakou renewable energy demonstration zone. Hesteel Zhangxuan's 2022 global-first 1.2 million t/yr hydrogen metallurgy demonstration project is the anchor demand for green hydrogen. Fuel cell 'diesel-to-hydrogen' green logistics chain demo at Zhang宣 steel facility.
• Tsinghua University, CAS Ningbo Materials Institute, North China Electric Power University, China Electric Power Research Institute, Beijing Jiaotong University, Youyan Institute, State Grid Xinjiang, Yining Lianchuang, Shanghai Intelligent NEV Innovation PlatformflagshipStrategic or Co-development Partner · 1 January 202410-party consortium led by SinoHytec for National Key R&D Program 'Hydrogen Technology' 3.4 project: 'Megawatt-class Proton Exchange Membrane Fuel Cell Combined Heat and Power System Design and Integration' (Project 2023YFB4005900). Approved February 2024; project launch March 2024; pilot in Xinjiang Yili. Breakthroughs targeted: system, stack, MEA, durability, power electronics. Expected economic value: 5 billion RMB over 10 years.
• Beijing Gas Group Co., Ltd. (北京燃气) & Zhangjiakou Zhonghe New Energy Group (张家口中合新能源)flagshipStrategic or Co-development Partner · 22 December 2023Three-party strategic cooperation on wind/PV power generation, green-electricity hydrogen production, new energy storage, pure hydrogen pipelines, and natural gas hydrogen blending. Initial project: Zhangjiakou wind-hydrogen integrated source-grid-load-storage demonstration and Zhangjiakou hydrogen pipeline project. Goal: build Beijing-Tianjin-Hebei energy security system; promote Zhangjiakou as Beijing-Tianjin-Hebei green hydrogen base and 'West-Hydrogen-East-Send' strategic corridor.
• Xinjiang Hydrogen Industry Development Alliance (110+ units incl. Huadian Xinjiang, State Grid Xinjiang, SinoHytec Hydrogen Tech, Goldwind)coreOthers · 1 December 2023Beijing SinoHytec Hydrogen Energy Technology Co. elected Vice-Chair Unit; Zhou Bin (Deputy GM) elected Vice-Chair. Alliance launched by Huadian Xinjiang under NDRC guidance to promote integrated development of hydrogen industry chain (production, storage, transport, dispensing, application) in Xinjiang.
• Guangzhou Municipal Government (广州市政府)flagshipStrategic or Co-development Partner · 1 November 2023Strategic cooperation to build hydrogen/fuel cell industrial chain in Guangzhou; accelerate hydrogen key core-technology breakthroughs; promote scaled deployment of hydrogen fuel cell vehicles; conduct diversified hydrogen application demonstrations; support Greater Bay Area hydrogen full-industrial-chain 'big ecosystem'.
• Goldwind Science & Technology (金风科技)flagshipStrategic or Co-development Partner · 22 August 2023Wind-hydrogen integrated full industrial chain cooperation. Joint R&D on wind-PV coupled hydrogen production, zero-carbon assessment/green certification, electrochemical technology, power trading, and storage; co-develop Generation-Grid-Load-Storage Practices and integrated energy base projects; aim to build national-level wind-hydrogen integrated industrial chain demonstration.
• Hebei Hydrogen Industry Innovation Consortium (50 members: Hesteel, Weishiyuan Energy, Hebei Construction Investment, Shanghai SinoFuelCell, Beijing Tianhai Industrial, Tianjin Dalu, Tsinghua University, CSTC 718, Hebei University of Science and Technology)flagshipOthers · 3 July 2023SinoHytec as Chair Unit; consortium formed under joint guidance of Hebei S&T Department, Beijing S&T Committee, Tianjin S&T Bureau. 5-year plan to focus on 10 integrated systems across 5 directions (hydrogen production, storage/transport, supply, power, feedstock), develop 33 core equipment categories, break through nearly 100 key technologies, and commercialize scientific achievements.
• Yining Lianchuang Urban Construction Group (伊宁联创城市建设)flagshipStrategic or Co-development Partner · 1 July 2023Co-developer of Yili Yining Green Hydrogen Innovation Application Project — Xinjiang's first clean low-carbon green hydrogen production-storage-dispensing-application integrated innovation project. RMB 124.6 million central budget support (49.84 million disbursed July 2023). Project: 100 MW PV plant + 12,000 Nm³/h hydrogen production + 4 refueling stations (2 t/day each) + 247 fuel cell vehicles (heavy trucks, dump trucks, forklifts, loaders, bulldozers). Total planned RMB 8.146 billion.
• Sinopec Beijing Oil Branch (中石化北京石油分公司), China Oil New Energy Beijing (中油新能源), Zhangjiakou Jiaotou New Energy (张家口交投新能源) — via Zhangjiakou Hyper Energy (张家口海珀尔)coreStrategic or Co-development Partner · 26 June 2023Green hydrogen supply strategic cooperation via Zhangjiakou Hyper Energy. Each partner brings hydrogen-supply and hydrogen-utilization resources. Supports hydrogen refueling infrastructure for fuel cell vehicle demonstration, leveraging Zhangjiakou's 'Two Zones & One Center' hydrogen positioning. Zhangjiakou Hyper had supplied 85.6 t of green hydrogen to Beijing Yongfeng station during the first-year demonstration period.
• Hebei North University (河北北方学院)coreStrategic or Co-development Partner · 21 June 2023Industry-academia-research strategic cooperation for Zhangjiakou. Comprehensive integration of production-education-research-application: joint R&D on fuel cell engines, electrolysis systems, basic materials; co-build research institutes and platforms; cultivate talent; mutual faculty/engineer development; 'dual entry, dual employment' programs; co-establish 'talent joint training class'; SinoHytec to set up education fund.
• TAM-EUROPE D.O.O. (Slovenia)coreStrategic or Co-development Partner · 17 June 2023Strategic cooperation for European market hydrogen fuel cell vehicle development. Initial focus: airport shuttle buses. TAM-EUROPE (founded 1947) is Europe's only full-bearing technology airport shuttle manufacturer with >40% European market share; all models EU-certified. Goal: jointly develop Europe-targeted hydrogen FC vehicles, leveraging TAM's commercial-vehicle influence and SinoHytec's hydrogen powertrain technology; cultivate European hydrogen demand; expand to global markets.
• China Petrochemical Corporation (Sinopec) Hydrogen Industry Chain Construction Expert Advisory CommitteecoreOthers · 5 May 2023SinoHytec Deputy GM Li Feiqiang appointed Vice Chair of the Hydrogen Transportation Application Sub-Committee. Sinopec launched the committee chaired by Sinopec Chairman Ma Yongsheng; Vice Chairs include Tsinghua's Ouyang Minggao and 16 others. SinoHytec contributes expertise to national hydrogen industry chain strategy and policy advice.
• Toyota Motor Corporation (丰田汽车)flagshipStrategic or Co-development Partner · 1 January 202150/50 joint venture Huafeng Fuel Cell Co., Ltd. (华丰燃料电池有限公司) producing commercial-vehicle fuel cell systems. TL Power 150 (150 kW rated) system launched May 2023; FCPC/Stack/BOP three-layer highly integrated construction. Jointly promotes commercialization of fuel-cell commercial-vehicle technology and products in China.

Scale indicators13 records

Recent moves10 records

Expansion highlights7 records

Broad incumbents

• Plug Power: US-based hydrogen fuel cell and electrolyzer company with end-to-end hydrogen ecosystem across material handling, stationary power, and on-road vehicles. Comparable breadth to SinoHytec's dual-wheel (production + fuel cell) strategy, but operates in different geographies and end markets.
• Cummins (Accelera by Cummins): Global diesel-engine giant with Accelera fuel cell and electrolyzer business unit targeting heavy-duty trucks and stationary power. Competes with SinoHytec on heavy-truck FC systems globally while bringing greater manufacturing scale and OEM relationships outside China.
• CRRC Corporation Limited: China's state-owned rolling stock and clean-energy equipment giant with growing fuel cell business for trams, locomotives, and commercial vehicles. Competes with SinoHytec on large-scale FC deployments and brings SOE backing and rail-transport adjacencies.
• Hyundai Motor Group: Global OEM with the NEXO fuel cell passenger vehicle and HTWO hydrogen value-chain business unit targeting commercial vehicles. Competes indirectly with SinoHytec through OEM-level FC technology adoption decisions and emerging global heavy-truck FC programs.

Emerging players

• Nel ASA: Norwegian hydrogen production equipment (alkaline and PEM electrolyzers) and fueling station specialist. Comparable to SinoHytec's PEM electrolyzer business and hydrogen production equipment strategy, with a focus on European and North American markets.

Direct peers

• Ballard Power Systems: Canadian PEM fuel cell engine manufacturer serving commercial vehicles, buses, and heavy-duty trucks globally. Most direct international comparable to SinoHytec's PEM fuel cell engine business, with overlapping commercial-vehicle OEM customer base and competing on stack/system integration.
• REFIRE (Shanghai Refire Group): Shanghai-based Chinese hydrogen fuel cell engine and system supplier competing directly in the same PEM FC commercial-vehicle engine market. Comparable product portfolio (30kW–240kW engines), similar OEM partner strategy, and competing on cost in demonstration city clusters.
• Vision Hydrogen (Shenzhen Vision Group): Shenzhen-based Chinese hydrogen fuel cell system supplier with comparable PEM technology targeting commercial vehicles. Competes directly with SinoHytec in FCEV demonstration clusters and on OEM contracts.
• Weichai Power: China's largest heavy-duty engine manufacturer with substantial fuel cell investment program and supply chain dominance. The most threatening domestic competitor to SinoHytec with much greater scale, diesel-engine customer base, and SOE backing.

Others

• Toyota Motor Corporation: Strategic partner via 50/50 Huafeng Fuel Cell JV, but also a competitor through its Mirai passenger FCEV program and proprietary fuel cell stack technology. Toyota's commercial-vehicle fuel cell efforts directly compete with SinoHytec in some segments while cooperating in others.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat7 records

Key risks7 records

Key highlights7 records

Customer concentration

Compliance7 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Funding overview

Funding rounds6 records

Investors4 records

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

M&A

Investments

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

Frequently asked questions about SinoHytec