---
title: "Guofu Hydrogen Signs Morocco and Greater Bay Area Deals to Expand Green Hydrogen Footprint"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/281890098.md"
description: "Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. has signed two sales agreements to enhance its green hydrogen infrastructure. The company will deliver a 20MW hydrogen generation system worth USD6.2 million to GF Hydrogen Africa Sarl in Morocco and provide five hydrogen refueling stations to Guangdong Yuntao Hydrogen Energy Technology for RMB32.05 million. These deals aim to strengthen its manufacturing footprint and create a vertically integrated hydrogen ecosystem. The latest analyst rating for the stock (HK:2582) is a Hold with a price target of HK$28.00."
datetime: "2026-04-07T12:17:33.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/281890098.md)
  - [en](https://longbridge.com/en/news/281890098.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/281890098.md)
---

# Guofu Hydrogen Signs Morocco and Greater Bay Area Deals to Expand Green Hydrogen Footprint

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The latest update is out from Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H ( (HK:2582) ).

Jiangsu Guofu Hydrogen Energy Equipment has signed two new sales agreements that underline its international and domestic growth ambitions in green hydrogen infrastructure. The company supplies hydrogen generation systems and refueling solutions and is increasingly aligning its technology portfolio with key hydrogen clusters in China and emerging markets abroad.

The group agreed to deliver a 20MW hydrogen generation system worth USD6.2 million to associated company GF Hydrogen Africa Sarl in Morocco, a strategic market for green hydrogen in Africa, reinforcing its 1GW local manufacturing footprint and supporting large-scale demonstration projects. It also entered a RMB32.05 million deal to provide at least five hydrogen refueling stations and installation services to Guangdong Yuntao Hydrogen Energy Technology, creating a cross-regional, vertically integrated hydrogen ecosystem that links production, storage, transport, refueling and vehicle applications, with the board expecting a positive impact on operating performance.

The most recent analyst rating on (HK:2582) stock is a Hold with a HK$28.00 price target. To see the full list of analyst forecasts on Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H stock, see the HK:2582 Stock Forecast page.

**More about Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. Class H**

Jiangsu Guofu Hydrogen Energy Equipment Co., Ltd. is a Chinese hydrogen energy equipment manufacturer focused on hydrogen generation systems, storage and refueling infrastructure. The group targets both domestic industrial clusters and overseas markets, positioning itself as a key player in green hydrogen applications and integrated hydrogen industry chains.

**Average Trading Volume:** 4,502,969

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$3.05B

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