Shanghai REFIRE Group Ltd. Class H
HHKEX:25704.90
HKD
-0.20
(-4.02%)
ISIN
CNE100006PJ1
Return %
Stock
S&P 500
1Y
-96.25
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
CNY
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in mil. unless spec.Working Capital
CNY
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in mil. unless spec.Growth Rates
CNY
•
in mil. unless spec.Semi-annual Revenue
CNY
•
in mil. unless spec.Semi-annual Earnings Per Share
CNY
•
in mil. unless spec.Semi-annual Dividends Per Share
CNY
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in mil. unless spec.Company Description
- CEO
- Qi Lin
- Full Time Employees
- 400
- Sector
- Utilities
- Industry
- Electric utilities
- Address
- 1555 Jingyuan Road Shanghai SH China 201800
- IPO Date
- Dec 6, 2024
- Website
- refire.com
- Similar Companies
- Business
- Shanghai REFIRE Group Ltd Shanghai REFIRE Group Limited (2570.HK) is a China-based investment holding company that engages in the research, design, development, manufacture, and sale of hydrogen fuel cell systems, hydrogen production systems, and related components; provision of fuel cell engineering and technical services; and sales of hydrogen energy vehicles. Its core products include proton exchange membrane (PEM) fuel cell systems and stacks such as the PRISMA line for applications in commercial vehicles, power generation stations, construction machinery, EV superchargers, and stationary power supply; electrolysis-based hydrogen production systems encompassing PEM and alkaline (ALK) electrolysers with key components like membrane electrode assemblies (MEA), bipolar plates, air compressors, and controllers; and upstream electricity-to-hydrogen (E2H) as well as downstream hydrogen-to-electricity (H2E) solutions. The company operates globally with production bases in Shanghai, Changshu, Foshan, and Jiaxing in China, R&D centers in Vancouver and Stuttgart, and sales offices in Hong Kong, Hamburg, and London, targeting diverse sectors including mobility, decentralized grid power, and autonomous power applications; it was founded in 2015 and is headquartered at No. 1555 Jingyuan Road, Jiading District, Shanghai, China. Recent developments include its successful listing on the main board of the Hong Kong Stock Exchange on December 6, 2024, supported by Baker McKenzie as advisors for the global offering; strategic acquisitions in 2025 such as a 30.3% stake in Enze Hydrogen (a former Cummins electrolyser joint venture) for $14 million and 70% of Seraph Refire for $9.6 million to bolster electrolyser capabilities and market share; and expansion of its international footprint with over 650 employees across North America, Europe, and Asia.