Recently, Sinopec Capital and National Manufacturing Transformation and Upgrading Fund Co., Ltd. have signed a strategic cooperation memorandum. The two parties will carry out strategic cooperation in project investment and business synergy in the field of hydrogen and new materials, and establish a regular communication mechanism.

With the principle of promoting the high-quality development of China's hydrogen and new material industries, both parties will give play to their respective advantages. They will jointly help the relevant industrial chains bolster the weakness and consolidate the strength, in order to develop independently and healthily.