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XieHydrogen (Shanghai) New Energy Technology Co., Ltd. has completed its Series A financing with an investment from Shandong Industrial Investment Group, which acquired a 0.7937% stake. On December 17, 2025, XieHydrogen New Energy co-established Shenzhen Zhongqing Aviation Energy Technology Co., Ltd. with Shenzhen Eastern General Aviation, featuring a registered capital of 50 million yuan. This initiative signifies XieHydrogen New Energy's strategic expansion into the hydrogen-powered drone industry.