Recently, Sinopec Capital Co.,Ltd. （hereinafter referred to as Sinopec Capital）has made strategic investment in Beijing Sinoscience Fullcryo Technology Co.,Ltd. (hereinafter referred to as Fullcryo),which is a further expansion into fields of hydrogen energy and helium resources.
This round of investment was led by Sinopec Capital and jointly completed with well-known investment institutions and industrial capitals.
Fullcryo specializes in the R&D and manufacturing of large-scale cryogenic equipment with a working temperature between 2K-20K that satisfy various large-scale scientific facility. In order to relax China’s helium demand requirement,the LNG BOG helium extraction technology has been developed.A full-set solution for hydrogen liquefaction is designed for booming hydrogen energy industry. Moreover, Fullcryo also actively engage in the release and sale of equipment that extracts industrial gases and rare gases and the supply of relevant gases.
This investment is a concrete measure for Sinopec Capital to implement Sinopec’s vision of "building the world- leading clean energy and chemical company". Cooperation will be deepened to further promoting the large-scale application of hydrogen energy as well as ensuring the security of Helium resources in China.