Gelonghui November 7th | China hydrogen energy storage and transportation equipment manufacturer Guofu Hydrogen Energy (2582.HK) will be listed in Hong Kong from today until next Tuesday (November 12th), offering 6 million H shares globally, with 10% of them publicly offered in Hong Kong and the rest for international offering. The selling price per share ranges from 65-73 Hong Kong dollars, raising up to 0.438 billion Hong Kong dollars. Trading unit is 100 shares, with an entrance fee of 7373.62 Hong Kong dollars. The shares are expected to be listed on November 15th. Haitong International and CITIC Securities are joint sponsors for the listing. The company expects that around 56.1% of the net proceeds will be used to expand the production capacity of certain products; around 33.9% will be used to enhance research and development capabilities, continuously upgrade technology and iterate products, and around 10% will be allocated to operating funds and general corporate purposes.