hyfun energy

Shanghai Hyfun Energy Technology Co., Ltd. is a high-tech enterprise established on May 12, 2016, specializing in the investment, construction, and operation of hydrogen refueling stations in China. The company positions itself in the middle reaches of the hydrogen energy industry chain, which is a designated emerging strategic sector in China's Fourteenth Five-Year Plan. By 2021, Hyfun Energy had secured approximately 25% of the domestic market for hydrogen refueling stations and completed its Series C financing round.

The company's business model revolves around providing comprehensive solutions for hydrogen energy infrastructure. This includes the research, development, and localization of core hydrogen refueling equipment. A key product is the Hyfun Operation Center (HOC), an intelligent management platform that uses Internet of Things (IoT) technology. The HOC system enables self-leakage monitoring, fault diagnosis, equipment health inspection, and energy efficiency management, enhancing the safety and operational reliability of refueling stations. Furthermore, the company is involved in developing magnesium-based solid hydrogen storage technology in collaboration with Shanghai Jiaotong University to address storage and transportation challenges.

Hyfun Energy has established strategic partnerships to expand its capabilities and market reach. In March 2021, it signed an agreement with Yingde Gases Group to collaborate on hydrogen supply, purification, and the construction of refueling stations, starting with a project in Jining, Shandong. More recently, in May 2024, the company, also known as Hydrexia, entered into a technology and commercialization agreement with LHSB, the renewable energy arm of Malaysia's Petronas. This partnership aims to jointly promote hydrogen development in Sarawak, Malaysia, focusing on hydrogen purification, storage, transport, and refueling station construction.

By the end of 2021, the company had applied for 233 patents, including 97 for inventions. It has received numerous accolades, such as being named a national high-tech enterprise and a national "specialized and new small giant enterprise."

Keywords: hydrogen refueling stations, hydrogen energy infrastructure, hydrogen storage technology, clean energy, refueling station operation, IoT management platform, solid hydrogen storage, hydrogen purification, hydrogen fuel, renewable energy infrastructure, hydrogen mobility, fuel cell technology, green energy, sustainable transportation, energy equipment, China hydrogen market, strategic energy partnerships, hydrogen transport, hydrogen production, energy technology