At present, in each component of the BOP industry chain of the fuel cellsystem, the market situation of each component industry is different. Forexample, the air compressor industry is still in the early stage of industrial development, and the market concentration is high, while the two technical routes of the hydrogen cycle system are parallel. Concentration drops.

From May 31st to June 1st, 2022, the 2022 (4th) High-tech Hydrogen Power Industry Summit (South China Station) was grandly held at the Hyatt Regency Shenzhen Airport. Mr. Zhong Tang, chief engineer and deputy general manager of Foripower, was invited to attend and delivered a key note speech on"PCU Solution for Fuel Cell High Power System". He pointed out that the technical routes for high-power fuel cells mainly include dual-stack ormulti-stack systems, high-current, high-power technical routes (ie, multi-chipstacks), full-power systems, etc. The corresponding power electronic solutionsare given by Foripower to these types of high-power in all occasions.

On April 21, Changan Automobile released the Changan Dark Blue C385 car model,which is divided into three versions: pure electric, extended-range andhydrogen electric. The hydrogen electric version is the first mass-producedhydrogen electric car in China.

As fuel cell vehicles gradually enter commercialapplications, the reliability and cost reduction issues of fuel cell systemshave become more prominent. Who can take the lead in proposing effectivesolutions to these two major issues, and who is expected to become the"darling" of the market under the emerging commercial wave.

With the first batch of passengers boarding,the city's first bus demonstration line  with hydrogen energy was officially put into use in Pingdi Street, Longgang    District, Shenzhen on October 20. The hydrogen bus demonstration line starts from PingdiHuiyuan Main Station, passes through the International Low-Carbon City, Pingdi Middle School, LonggangCentral Hospital and other places, and finally arrives at Shuanglong MetroStation, where citizens can experience the ride for free. The hydrogen energybus demonstration line will also be used as a connection line to provideprecise services for Shenzhen International Low-Carbon City.

On October 21, 2021, the first conference of Bosch Hydrogen Energy Supplier was grandly held in Wuxi,Jiangsu. Gore Du, General Manager of Foripower Electric, Leo Xuan, Vice President of Marketing, and Jeffrey Tang, Chief Engineer, were invited toparticipate.On 21st Oct 2021, 2021 Bosch’s first hydrogen energy suppliers’ conference was held in Wuxi, Jiangsu. Our general manager Gore Du, vice president of marketing Leo Xuan and chief engineer Jeffrey Tang were invited to attend.