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Sunwise receives strategic investment from Sinopec Capital

This archived announcement has been translated automatically from Chinese. Names and technical wording may require editorial verification. Original artwork is preserved where applicable.

Shanghai Sunwise Energy Systems Co., Ltd. has received a strategic investment of nearly RMB 100 million from Sinopec Capital. Sunwise founder Gao Dingyun said the funding would strengthen product research and development, expand the hydrogen refueling station business, and support the development of hydrogen supply equipment and application technologies across the hydrogen value chain.

Sunwise receives strategic investment from Sinopec Capital — original image

Shanghai Sunwise was established in August 2004 as the first enterprise in the country to undertake hydrogen energy research and development, with a core team with more than 10 years of experience in hydrogen energy development and development. Some 30 specific and mainly involved projects run by the Ministry of Science and Technology, the National Development and Rehabilitation Council (NDRC) project, and the Shanghai City commissions, with a total project value of over 100 million. Through autonomous R & D, Sunwise obtained 108 authorized patents for hydrogen energy applications, applied new patents and software copyrights, and the editor-in-chief compiled 17 hydrogen energy standards, including 11 national standards, 2 local standards, 2 industry standards, 2 group standards and 3 standards in preparation.

Shanghai Sunwise has developed a fully integrated technology system for the application of hydrogen energy technologies and has become the leading supplier of integrated hydrogen energy solutions. Two core technologies, “Fuel Cell Vehicles for Hydrogen Critical Technologies” and “Key Technologies for High-pressure Hydrogen Supply Systems” respectively received second prizes for scientific and technological progress from Shanghai City and the Ministry of Education, “Fuel Battery Commercial Vehicle Critical Technology Research and Industrialization Applications” received the Principal Award from the China Transport Association, “The first fuel cell vehicle in the country received the First Award from the Shanghai City Transport Engineering Society for Global Viewing and Hydrogens Stations”, “Emergency Technologies and Applications for High-pressurized Gas Hydrogen Station Systems Design and Packages” received the First Prize from the Chinese Society for Automotive Engineering, and “High-pressure Hydrocarbon Station Compression, Storage, Adding Critical Technologies and Equipment” received the First Award of the China Renewable Energy Society.

In addition, Shanghai Sunwise has been granted a number of industrial licences and professional certifications, including gas bottling licences, licensing of dangerous chemicals, IATF 16949 quality management system certification, recognition of high-technology enterprises, ISO 9001 determination, ISO 14001 determination, the STC's special expertise in new giant enterprises, and “new” small and medium-sized enterprises in Shanghai.

Sunwise receives strategic investment from Sinopec Capital — original image

Shanghai Sunwise Hydrogen Plant Products

Sunwise receives strategic investment from Sinopec Capital — original image

Shanghai Sunwise vehicle for hydrogen systems and core parts

In 2020, the Sinopec Group set out the “14th Five” Development Goals in the field of hydrogen energy and sought to build the “China First Hydrogen Energy Company”. Through this replenishment, Shanghai Sunwise intends to strengthen business expansion in the fields of hydrogen, hydrogen supply and further increase its market share; and to promote more extensive and close cooperation with Sinopec capital and existing shareholders, SPIC, in the areas of hydrogen, hydrogen and combined hydrogen energy use.

English edition of the original Chinese page. Historical statements, dates and figures are retained as published.