Sinopec establishes 5 bln yuan hydrogen energy focused venture capital fund

Reuters
29 May
Sinopec establishes 5 bln yuan hydrogen energy focused venture capital fund

May 29 (Reuters) - China's state oil and gas major Sinopec 600028.SS, 0386.HK on Thursday established a 5 billion yuan ($690 million) venture capital fund focussed on hydrogen energy, managed by Sinopec Private Equity Fund Management Co., according to the company's press release.

(Reporting by Sam Li and Colleen HoweEditing by Shri Navaratnam)

((Sam.Li@thomsonreuters.com;))

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