
Hydrogen energy tomorrow
A high-tech enterprise engaged in the R&D and manufacturing of fuel cells.
Date | Investors | Amount | Round |
---|---|---|---|
* | CNY100m | Series B | |
Total Funding | 000k |
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Anhui Tomorrow Hydrogen Energy Technology Co., Ltd. (MTH2), founded in 2017 by Wang Zhaoyun, is a key player in China's hydrogen energy sector. Wang, a former automotive executive, established the company to focus on the research, development, and manufacturing of fuel cell technologies. The firm operates on a vertically integrated model, producing everything from core components to complete systems. Its business is centered on providing hydrogen fuel cell solutions for a variety of applications, including transportation, stationary power generation, and industrial vehicles.
The company's product portfolio is extensive, featuring membrane electrode assemblies (MEAs), metal bipolar plates, and complete fuel cell stacks and systems with power outputs ranging from 30kW to 150kW. These products are designed for use in commercial vehicles like buses, logistics trucks, and sanitation vehicles, as well as in forklifts, rail transit, and power stations. MTH2 has developed its own core technologies for key manufacturing processes, including stamping, laser welding, coating, and automated assembly, enabling the production of components with high durability and performance, such as a power density of up to 1.5W/cm² for its MEAs and a lifespan exceeding 15,000 hours for its metal bipolar plates. The company has established a large-scale, automated factory capable of producing tens of thousands of fuel cell units annually and has also built Anhui's first hydrogen refueling station.
Since its inception, MTH2 has achieved significant milestones, including the launch of Anhui's first hydrogen bus demonstration line and filling numerous application gaps within the province for hydrogen-powered logistics and sanitation vehicles. The company's technical foundation is strengthened by collaborations with institutions like the Dalian Institute of Chemical Physics (Chinese Academy of Sciences) and Tongji University. MTH2 has secured multiple rounds of funding, including an A-round of 80 million RMB in 2019 and a substantial Series B round exceeding 100 million RMB in 2022, backed by investors such as CITIC Jiantou Securities, Guohe Investment, and SDIC Chuanghe Fund Management. This capital is being used to advance R&D for next-generation high-power fuel cells and to enhance manufacturing capabilities.
Keywords: Anhui Tomorrow Hydrogen Energy, MTH2, Wang Zhaoyun, hydrogen fuel cell, fuel cell stack, membrane electrode assembly, bipolar plates, clean energy, commercial vehicles, hydrogen bus, stationary power, hydrogen refueling, fuel cell manufacturing, alternative energy, green technology, automotive technology, renewable energy, energy storage, fuel cell systems, China hydrogen