HK Stock Market Move | GUOFUHEE (02582) rose more than 5% at the end of the day. The company recently signed an order for electrolytic cells, deepening cooperation in the Indian hydrogen energy market.

GUOFUHEE (02582) rose more than 5% at the close, reaching 5.19% at the time of writing, with a price of 107.5 Hong Kong dollars and a trading volume of 11.8665 million Hong Kong dollars. On the news front, recently GUOFUHEE and Indian ADVAIT officially signed a strategic cooperation agreement, marking further deepening of cooperation between the two parties in the global hydrogen energy industry. According to the contract, GUOFUHEE will provide ADVAIT with a total of $5 million worth of alkaline water electrolysis hydrogen production equipment and core components by 2025. It is worth noting that ADVAIT has already purchased a set of equipment from GUOFUHEE in 2024 and completed delivery, demonstrating further recognition of GUOFUHEE products. In addition, GUOFUHEE HK & CHINA GAS Limited signed a strategic cooperation agreement on March 28th, and the two parties will deepen cooperation in green hydrogen supply, liquid hydrogen applications, blending hydrogen into city gas, and green methanol production, focusing on Hong Kong and mainland China as key markets to jointly expand the commercialization path of hydrogen energy, injecting new momentum into the technology implementation and global layout of GUOFUHEE.