Hong Kong stock concept tracking | Seven provinces reduce and exempt hydrogen vehicle tolls, hydrogen energy expands application in multiple industries (with concept stocks)

The "Several Policy Measures to Promote the "Red Opening" of the Economic in the First Quarter of 2025" issued recently by the General Office of the People's Government of Henan Province proposes that from January 25, 2025 to December 31, 2025, hydrogen-powered trucks passing through toll roads in Henan Province will be exempt from tolls, and electric trucks passing through toll roads in the province will enjoy a 30% discount on tolls. On January 13th, it was learned from the 2025 Henan Province Transportation Work Conference that this year, Henan will vigorously promote green and low-carbon development. The implementation of the green transformation project for transportation equipment strives to achieve a green replacement rate of over 50% for heavy-duty cargo vehicles. Promote the integration of energy and transportation, advance the application of integrated road lighting, storage, and charging systems, and help build the Zhengzhou-Bianliang-Luopaluo Hydrogen Corridor. From January 25, 2025 to December 31, 2025, the policy of "exempting hydrogen-powered trucks passing through toll roads in our province and providing a 30% discount on tolls for electric trucks" will be implemented. According to the statistics of the Hydrogen Industry Alliance of Beijing Centergate Technologies, this is the seventh provincial support policy in China to exempt hydrogen vehicles from high-speed tolls across the province. Since last year, many places have announced free high-speed tolls for hydrogen vehicles to support the development of the hydrogen energy industry. According to Guotai Junan research report: 1) With the acceleration of industrialization, the consumption of fossil fuels has intensified global warming and extreme climate issues, making the development of renewable clean energy a global trend. Hydrogen energy, as a renewable and zero-emission energy source, is considered the "ultimate energy source" of the 21st century, widely used in multiple industries, and has become a key direction for global energy transformation. 2) Supported by government policies on hydrogen energy and the focus of enterprises on green energy transformation, coupled with the continuous emergence of new entrants, the electrolyzed water equipment market continues to grow rapidly. 3) In the future, with the continuous advancement of hydrogen energy strategies in various countries, progress in fuel cell technology and storage and transportation technology, and the continuous improvement of hydrogen refueling station infrastructure, global sales of fuel cell vehicles will continue to grow. Related Hong Kong stocks in the hydrogen energy industry chain: JINGCHENG MAC(00187), GUOFUHEE(02582), SINOSYNERGY(09663), SINOHYTEC(02402), REFIRE02570, CIMC ENRIC(03899), Weichai Power02338, Sinotruk Jinan Truck03808.