On May 25, China's silver alloy electrical contact material leader FDHJ Alloy issued an announcement saying that FDHJ Alloy Materials Co., Ltd. plans to invest 50 million yuan to establish a wholly-owned subsidiary Hydrogen Energy Materials Company to carry out research and development, production and Sales and other businesses.
The announcement pointed out that hydrogen fuel is the ultimate energy in the 21st century, and low-cost hydrogen production is the key to the development of hydrogen energy. In order to improve hydrogen production efficiency, academia and industry are actively exploring the use of precious metals and their alloys as catalysts.
The purpose of investing in the establishment of a hydrogen energy subsidiary this time is to use it as a core material business platform for the hydrogen energy industry chain, cooperate with domestic and foreign scientific research institutes, introduce relevant research talents, and explore and research alloy catalysts that can achieve low-cost hydrogen production. The company has advanced production technology and technology of alloy materials, and strives to realize the industrialization and autonomous control of hydrogen production catalysts, so that China can take the lead in the future hydrogen energy industry competition and cultivate new growth points for the company.