GUOFUHEE (02582) Signs Pre-Purchase Order Agreement for Hydrogen Project Procurement in Tasmania, Australia

Stock News
Jan 07

GUOFUHEE (02582) announced that on December 29, 2025, the company entered into a pre-purchase order agreement with Line Hydrogen (Australia) Pty Ltd, a company incorporated under Australian law in which GUOFUHEE holds a 14% stake, concerning procurement for the hydrogen energy project located in Tasmania, Australia (the Tasmania Hydrogen Project). The scope of the agreement includes, but is not limited to: (a) complete sets of water electrolysis hydrogen production equipment; (b) complete sets of hydrogen refueling station equipment (including filling stations); (c) multi-unit gas container (MEGC) equipment; and (d) installation, commissioning, technical training, and operational maintenance services related to the aforementioned equipment, with the stipulation that the agreement will only become effective upon the signing of a formal procurement agreement or purchase order. The execution of this agreement represents a key initiative for the Group in implementing its internationalization strategy and establishing a global footprint in the hydrogen energy market. Should the transactions contemplated under the agreement and the collaboration with leading Australian enterprises be successfully realized, it is expected to positively impact the company's rapid entry into the Australian market, reduce risks associated with independently developed projects, and enhance the international influence of the GUOFUHEE brand.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10