Shanghai Hydrogen Propulsion Technology Co., Ltd (SHPT) and Sydrogen Energy Pte. Ltd. (Sydrogen) have signed a strategic cooperation agreement at the premises of SHPT on August 23, 2023. Dr Shi Xu, Chairman of Nanofilm Technologies International Limited (Nanofilm) and Sydrogen, and Lu Bingbing, General Manager of SHPT, signed the agreement on behalf of both parties, witnessed by Gary Ho, CEO of Nanofilm and Lu Zuming, General Manager of Sydrogen in China. According to the agreement, both parties will capitalize on their respective technical advantages, marketing channels and after-sales service resources, to further increasing market penetration into Southeast Asia, Europe, and America, and jointly developing sales and services of fuel cell stacks, systems and components, providing in-depth services and competitive solutions to meet the diverse needs of different fields such as on-road automotive and non-automotive applications. Sydrogen is a joint venture between Nanofilm and Temasek Holdings. Sydrogen develops and produces metallic bipolar plate with its unique coating technology, with excellent ion-leaching prevention properties, which enables the fuel cell to withstand demanding operating conditions, and helps to maximise the lifespan and performance of fuel cell system. This product has passed the technical test and is certified by SHPT. Sydrogen will act as a strategic partner to supply components to support SHPT in delivering high-quality fuel cell performance stacks product. Sydrogen has a team of experienced international engineering and technical experts, with system integration and application capabilities of hydrogen energy products, and realization of R&D and system application of core components. As a leading high-tech enterprise in the fuel cells industry in China, SHPT has established an integrated independent R&D and mass production capabilities of membrane electrodes, fuel cell stacks, fuel cell systems, and vehicle power system integration and adaptation. The products are widely used in passenger cars, urban buses, group buses, light trucks, medium and heavy trucks, etc. Commercialization and product roll-out facilitated in 21 cities and 15 provinces in China including Shanghai, Beijing, Guangdong, Jiangsu, Inner Mongolia, and Shaanxi. On the other hand, SHPT is also exploring diversified applications such as light vehicles, construction machinery, forklifts, airport luggage trailers, and distributed power generation.
