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JINGCHENG MAC: ANNOUNCEMENT IN RELATION TO A TURNAROUND FROM LOSS TO PROFIT FOR THE 2024 ANNUAL RESULTS
Shanghai is making moderate advancements in the layout of hydrogen-based energy, and policies are expected to promote a double increase in both supply and demand in the hydrogen energy market.
① The General Office of the Shanghai Municipal People's Government issued the "Work Plan for Innovative Development Led by New Energy Storage Demonstration in Shanghai (2025-2030)", focusing on green alcohol and green ammonia, with a long-term goal of forming four hydrogen-based Energy bases in the Lingang New Area, Jiading District, Chemical Zone, and Shanghai Waigaoqiao Free Trade Zone Group. ② Zhang Jin from Huabao Securities believes that with the implementation of related policies, the supply and demand in the "production, storage, transportation, and use" segments of the hydrogen energy market are expected to see a double increase.
JINGCHENG MAC (00187): Wang Kai has been nominated as a candidate for the non-executive director of the 11th Board of Directors.
JINGCHENG MAC (00187) announced that the Board of Directors received an official...
Beijing Jingcheng Machinery Electric (600860.SH): Early termination of Yichuang Park House Rental and Property Service.
On December 30, Gelonghui reported that Beijing Jingcheng Machinery Electric (600860.SH) announced that it recently received a notice from Beiren Equipment. Due to the reconstruction of the Yichuang Park exhibition hall, and in accordance with the requirements of the development zone for site clearance, the House Rental contract and the Property Service management agreement signed with the company will be terminated early on December 31, 2024. Based on the actual situation, the company reached an agreement through prudent negotiation with Beiren Equipment and held the tenth interim meeting of the eleventh Board of Directors and the fifteenth meeting of the eleventh Supervisory Board on December 30, 2024, to review and approve the proposal regarding the early termination of the House Rental in Yichuang Park and ...
beijing jingcheng machinery electric (600860.SH): Tianhai Industry plans to sign a product purchase and sales framework contract with Shanghai Sunflower
On December 6, Gelonghui reported that Beijing Jingcheng Machinery Electric (600860.SH) announced that its wholly-owned subsidiary Tianhai Industrial intends to sign a product purchase and sale framework contract with Shanghai Shunhua. Tianhai Industrial and Shanghai Shunhua will purchase or sell hydrogen energy products to each other from time to time, including gas cylinders, system integration products, valves, and other components, as well as station equipment. The products will be manufactured by Beijing Tianhai Group and Shanghai Shunhua Group, and the contract is valid from January 1, 2025, to December 31, 2027, for a period of 3 years.
Fuel cell energy and hydrogen internal combustion engines are advancing in parallel, with the application of hydrogen energy accelerating on the end-user side due to frequent bullish policies.
① The CA6HV3 hydrogen engine, independently developed by faw jiefang group, has been released as the first domestic heavy-duty commercial vehicle hydrogen engine with direct injection. ② At this stage, many hydrogen internal combustion engine products still have shortcomings such as "low thermal efficiency."
