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29 Nov
09:51

SHPT to enter capital market independently

SAIC Group intends to spin off Shanghai Hydrogen Propulsion Technology (SHPT) to list it on the Science and Technology Innovation Board. After completion, SHPT is expected become an independently listed public company, Kallanish reports. SAIC intends to build SHPT into an independent listing platform for hydrogen energy and the hydrogen fuel cell business. The goal is to increase profitability and comprehensive competitiveness of the hydrogen energy and hydrogen f…
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