HK Stock Market Move | GUOFUHEE (02582) rose over 14% during trading hours, formally signed a cooperation agreement with South Korean company Hylium, accelerating its layout in the hydrogen energy market in East Asia.

GUOFUHEE (02582) rose by more than 14% during the trading session, rising by 13.6% as of the time of writing to 63.05 Hong Kong dollars, with a trading volume of 3.42 billion Hong Kong dollars. On the news front, on September 15th, GUOFUHEE officially signed a cooperation agreement with Hylium Industries, INC. of South Korea (hereinafter referred to as Hylium). The two parties reached a consensus on the development of hydrogen energy production, storage, and transportation systems and solutions in the South Korean market, marking a crucial step for GUOFUHEE's layout in the East Asian hydrogen energy market and laying a core framework for deepening business in South Korea and surrounding areas. According to the introduction, as a core force in the domestic hydrogen energy equipment complete industry chain solution, GUOFUHEE has deep accumulation in core equipment research and development, large-scale production, and application adaptation. It also has stable hydrogen source supply and overseas export capabilities, which complement Hylium's local resources. Hylium has been deeply cultivating the South Korean market for many years, with accurate insight into industrial policies and demand, and mature technology strengths in low-temperature storage, hydrogen liquefaction, and hydrogen transportation. The acceleration of the South Korean hydrogen energy supply chain requires diversified cooperation to strengthen supply stability. With policy, complete industry chain, and production capacity advantages, China's hydrogen energy has become the preferred option for regional cooperation, laying a solid foundation for cooperation between the two parties. As the "carbon neutrality" accelerates, East Asia has become a core region for global hydrogen energy. This layout not only anchors local demand in South Korea but also helps GUOFUHEE enter the East Asian industrial chain. Deepening cooperation in the future will inject momentum into South Korea's hydrogen energy and provide a "industrial cooperation sample" for global energy transformation through cross-regional synergy, building a hydrogen energy ecosystem.