Huade Hydrogen Energy Completes B+ Financing Round with Zhangjiagang Industrial Investment

Jiangsu Huade Hydrogen Energy Technology Co., Ltd. has completed its B+ financing round with an undisclosed amount raised, with Zhangjiagang Industrial Investment as the investor. Following this financing, Zhangjiagang Jiyang Hydrogen Energy Venture Capital Partnership will hold 1.6394% of Huade Hydrogen Energy's shares.

The Zhangjiagang Jiyang Hydrogen Energy Venture Capital Fund, with a total scale of 1 billion yuan, aims to develop the hydrogen energy industry chain in Zhangjiagang. The fund was established by local investment entities and focuses on creating a hydrogen energy innovation cluster. Huade Hydrogen Energy's financing history includes an angel round in 2021, a Series A round in 2018, and a Series B round in 2023, indicating continued recognition from industrial capital.