Aerospace Power announcement, its subsidiary Shaanxi Aerospace Power Energy-saving Technology Co., Ltd. plans to invest 59.19 million yuan of its own funds in the development and production capacity construction project of liquid hydrogen tanks. The project was approved by the board of directors of the company on September 5, 2024. The project includes the establishment of necessary process development conditions for onboard liquid hydrogen cylinders and liquid hydrogen tanks, and the addition of 37 process equipment and the renovation of 7546.8 square meters of factory buildings. The project construction period is 12 months, and it is expected to achieve a production capacity of 20 liquid hydrogen tanks and 1000 sets of onboard liquid hydrogen cylinders in the year of production.
航天动力：子公司投资5919万元建设液氢项目
Aerospace Power: Subsidiary invested 59.19 million yuan to build a liquid hydrogen project.
The translation is provided by third-party software.
The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.