Sungrow Power Fully Establishes Sungrow Hydrogen (Suzhou) Technology Co., Ltd. for Hydrogen Equipment
Sungrow Power Supply Co. , Ltd. has set up a wholly owned subsidiary, Sungrow Hydrogen (Suzhou) Technology Co. , with Yang Wei as legal representative. The new company will engage in the sale of gas and liquid separation and purification equipment, manufacture of new energy original equipment, electrical machinery, and station hydrogen refueling and storage facilities, among other activities.
Sungrow Power has established a new hydrogen technology company under its umbrella. Recently, Sungrow Hydrogen (Suzhou) Technology Co. , Ltd. was incorporated, with Yang Wei serving as the legal representative. The company's business scope includes the sale of gas and liquid separation and purification equipment, manufacturing of new energy original equipment, manufacturing of mechanical and electrical equipment, and sales of station hydrogen refueling and storage facilities. Equity information shows that the company is wholly owned by Sungrow Hydrogen Technology Co. , a subsidiary of Sungrow Power.
Why this event matters
The event has a measured impact on 2 industrys. The strongest current signal is positive for Batteries & Energy Storage, with intensity 30/100 and 60% confidence over a medium term horizon.
Batteries & Energy Storage
- Direction
- positive
- Intensity
- 30
- Confidence
- 60%
- Horizon
- Medium term
Wind & Solar Equipment
- Direction
- positive
- Intensity
- 20
- Confidence
- 50%
- Horizon
- Medium term
Impact figures are analytical estimates that combine direction, intensity, confidence and event importance. They are not investment advice.