SOFE plans to introduce strategic investment for its subsidiary hydrogen engine company
SOFE announced that the company plans to introduce strategic investment for its wholly-owned subsidiary Sinopec Hydrogen Energy Machinery (Wuhan) Co., Ltd. On October 21, 2025, the company signed a "Letter of Intent for Investment" with Sinopec Group Capital Co., Ltd., the Institute of Science and Technology, and Dalian Institute, intending to invest through capital increase and share expansion. This letter of intent is only a preliminary confirmation of the cooperation intention and has not yet constituted a substantive related transaction
According to the Zhitong Finance APP, SOFE (000852.SZ) announced that on October 21, 2025, the company signed a "Letter of Intent for Investment" with China Petrochemical Group Capital Co., Ltd. (referred to as "Capital Company"), Sinopec Petroleum and Chemical Research Institute Co., Ltd. (referred to as "Research Institute"), Sinopec (Dalian) Petroleum and Chemical Research Institute Co., Ltd. (referred to as "Dalian Institute"), and the company's wholly-owned subsidiary Sinopec Hydrogen Energy Machinery (Wuhan) Co., Ltd. (referred to as "Hydrogen Machinery Company"). Capital Company, Research Institute, and Dalian Institute intend to invest in Hydrogen Machinery Company through capital increase and share expansion. Currently, this "Letter of Intent for Investment" is only to clarify the cooperation intentions and basic principles of both parties and does not constitute a substantive related party transaction
