Sinopec Capital Invests 300 Million Yuan in Faurecia Hydrogen Energy
Sinopec Capital has invested 300 million yuan (approximately €40 million) in Faurecia (Shanghai) Hydrogen Energy Investment Co., Ltd. through its hydrogen energy fund. This investment aims to develop the hydrogen energy industry chain and establish a strategic partnership to promote cooperation and growth within the sector, contributing to the global hydrogen energy industry's advancement.

On January 8th, Sinopec Capital, through Sinopec Private Equity Management Co., Ltd.'s hydrogen energy fund, invested RMB 300 million (approximately €40 million) in Faurecia (Shanghai) Hydrogen Energy Investment Co., Ltd. The agreement aims to foster a strategic partnership to develop the hydrogen energy industry chain and establish a mutually beneficial industrial ecosystem. This investment marks a significant step for Sinopec Capital in enhancing its presence in the hydrogen energy sector and aims to facilitate further business cooperation at the group level, promoting win-win outcomes and contributing to the global hydrogen energy industry's development.




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