Fives and Jiangsu Guofu Hydrogen Energy Equipment have signed a partnership agreement to jointly support the H₂ market, with state-of the-art cryogenic equipment and breakthrough technologies.

Fives has been at the forefront of H₂ development for decades. The Group has over 50 references in H₂ liquefaction equipment including H₂ specific brazed aluminum heat exchangers and cryogenic pumps. This collaboration with GuofuHee, a leading private supplier of integrated solution for the entire H₂ value chain, will enable Fives to continue to support the expansion and optimize the performance of liquid H₂ installations for the Chinese market, notably for liquefaction, storage and transportation applications.

GuofuHee has been heavily involved in the H₂ market in China, providing and operating supply systems, refueling stations and generation units. The company has had more than 30% average annual growth over the last 5 years. With the support of Fives’ heat exchangers, cold boxes and cryogenic pumps, GuofuHee aims to become the largest provider of H₂ equipment in China, for both storage and transportation applications, to support a more sustainable mobility.

“Fives has been developing cryogenic solutions for the Chinese market for over 15 years and we recently expanded our production capacities locally to answer the growing need for H₂ equipment. As a pioneer in the decarbonization of Industry, we are thrilled, through this partnership with GuofuHee, to support the development of the green mobility,” said Frédéric Thrum, Deputy General Manager and President of the Energy Division at Fives.

“Liquid H₂ is an important part of GuofuHee’s business development strategy. We are honored to establish this strategic partnership with Fives to deliver more cost effective and top-quality products to our customers. We hope this cooperation with Fives will be extended to other areas and look forward to developing together cutting-edge H₂ technologies for many years to come,” said Pinfang Wu, Board Chairman of Jiangsu Guofu Hydrogen Energy Equipment Co, Ltd.