On January 26, in order to help the implementation of the goal of "carbon peaking and carbon neutrality", based on the principle of complementary advantages, resource sharing and common development, Guangdong Nation-Synergy Hydrogen Power Technology Co., Ltd. (Sinosynergy) and JOVO Group (JOVO) signed the "Strategic Cooperation Framework Agreement". The two parties will start long-term and in-depth cooperation in the field of hydrogen energy utilization and join hands to help the country achieve the goal of "double carbon" strategy.
According to the agreement, both parties will start in-depth cooperation in information sharing and market development: JOVO, as a hydrogen resource provider, will provide complete hydrogen supply solutions to Sinosynergy and its downstream end-users; Sinosynergy will share hydrogen demand information of downstream end-users with JOVO based on its rescource advantages in the field of hydrogen fuel cells.In addition, the teams of both parties will also start a comprehensive cooperation to develop the end-user market of hydrogen energy utilization in Guangdong by taking advantage of each party in the industry chain.
JOVO Energy is a large-scale clean energy comprehensive service provider dedicated to the procurement and terminal application of clean energy such as LPG and LNG in my country. JOVO has rich experience in the field of clean energy project expansion, and is a strategic partner of many large enterprises such as Toyota Motor. JOVO also is a leading banner in industrial gas services.
Sinosynergy is committed to provide excellent hydrogen fuel cell products and robust system solutions, and has built a world-leading hydrogen fuel cell stack production base. Adhering to the tenet of "innovation, tenacity, openness, and win-win", Sinosynergy insists independent innovation, pursue breakthrough and transcendence, and successfully achieved the independence of R&D and innovation, the localization of core materials and production equipment, and the high-quality and large-scale production of intelligent manufacturing. Thanks to the strong independent R&D and innovation capability, high-quality and reliable products, and excellent service infrastructure, the accumulated market share of the Company's stack products has taken a leading position in the domestic market over the past four years.
Under dual carbon strategy, as a leading enterprise in the hydrogen industry, Sinosynergy carried out strategic cooperation with JOVO, which conforms to the development trend of the national clean energy strategy.
Sinosynergy always has been actively cooperating with upstream and downstream industry partners to promote the commercialization process of hydrogen industry. At present, Sinosynergy has achieved production base landing and product operation in the Pearl River Delta, Yangtze River Delta, Southwest, Northwest, Beijing-Tianjin-Hebei and ect,. Fuel cell vehicles equipped with Sinosynergy products cover 16 provinces and 34 regions across the country, helping local hydrogen industry rapidly developed. In the future, Sinosynergy will join more industry partners to promote the development of China's hydrogen industry and contribute to the realization of the dual-carbon goal.