--- title: "Brief News: GUOFUHEE signs two agreements involving USD 11 million" type: "News" locale: "en" url: "https://longbridge.com/en/news/282406257.md" description: "Jiangsu Guofu Hydrogen Energy Technology Equipment Co., Ltd. signed a sales agreement worth USD 6.2 million with GF Hydrogen Africa Sarl to provide a 20MW hydrogen production system, promoting Morocco's green hydrogen demonstration. At the same time, it signed a sales agreement with Guangdong Yuntao Hydrogen Energy Technology to provide five hydrogen refueling stations and related services, priced at RMB 32.05 million. This move helps promote the coordinated development of the hydrogen energy industry in the Yangtze River Delta and the Pearl River Delta. Guofu Hydrogen's stock price rose 2.1% on Wednesday, closing at HKD 24.54, with the stock price dropping more than 80% over the past year" datetime: "2026-04-11T05:55:55.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/282406257.md) - [en](https://longbridge.com/en/news/282406257.md) - [zh-HK](https://longbridge.com/zh-HK/news/282406257.md) --- # Brief News: GUOFUHEE signs two agreements involving USD 11 million Hydrogen technology equipment manufacturer **Jiangsu Guofu Hydrogen Energy Technology Equipment Co., Ltd.** (2582.HK) **announced on Tuesday** that it has signed a sales agreement with GF Hydrogen Africa Sarl to provide a 20MW hydrogen production system for a price of USD 6.2 million. Guofu Hydrogen Energy stated that this move is aimed at promoting large-scale demonstrations of green hydrogen supply in Morocco. Additionally, it has also signed a sales agreement with Guangdong Yuntao Hydrogen Energy Technology to provide no less than five hydrogen refueling stations and related installation services for a price of RMB 32.05 million. By establishing this agreement, it can connect the equipment manufacturing capabilities of the Yangtze River Delta with the policy support and end markets of the Pearl River Delta, helping to promote the cross-regional collaborative development of the two hydrogen energy industries and support the development of the hydrogen corridor in the Guangdong-Hong Kong-Macao Greater Bay Area. On Wednesday, Guofu Hydrogen Energy opened up 2.1% to report HKD 24.54, with the company's stock price having fallen more than 80% from its peak over the past year. _Liu Zhiheng_ ### Related Stocks - [02582.HK](https://longbridge.com/en/quote/02582.HK.md) ## Related News & Research - [Guofu Hydrogen Signs Morocco and Greater Bay Area Deals to Expand Green Hydrogen Footprint](https://longbridge.com/en/news/281890098.md) - [Hyundai Motor Group to Pioneer Hong Kong's Hydrogen Economy, Accelerating Asia-Pacific Expansion](https://longbridge.com/en/news/286731160.md) - [FuelCell Energy Leads Hydrogen Stocks Lower. Here's Why](https://longbridge.com/en/news/286936264.md) - [Safi Silver Provides Update on Addana Drilling Program in Morocco | PNTZF Stock News](https://longbridge.com/en/news/286903082.md) - [Hong Kong urged to prioritise hydrogen adoption to meet carbon neutrality goal](https://longbridge.com/en/news/286927947.md)