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Guohong Hydrogen Energy Technology (Jiaxing) Co., Ltd. has been added to the list of dishonest judgment debtors as of January 26, according to Credit China, due to contract disputes and failure to meet payment obligations. The company faces a 'restriction on high consumption' order and has multiple ongoing legal cases.

In its 2025 interim results, Guohong reported a revenue of approximately 58.9 million yuan, down 55.7% year-on-year, and a net loss of about 184 million yuan. The hydrogen energy sector is experiencing challenges, including declining revenues and frequent contract disputes due to insufficient market demand and high costs.