Beijing Zhongke Fuhai Cryogenic Technology

Beijing Zhongke Fuhai Cryogenic Technology Co., Ltd., also known as Fullcryo, is a specialized technology firm established in August 2016 in Beijing, China. The company's foundation is built upon decades of research in large-scale cryogenic engineering from the Technical Institute of Physics and Chemistry (TIPC) of the Chinese Academy of Sciences (CAS). This research was notably spearheaded by two generations of academicians and supported by significant national funding for key scientific equipment projects since 2010.

The company's core mission is to commercialize and advance the cryogenic technologies developed within the CAS. Its business operations are segmented into several key areas: manufacturing of large-scale cryogenic refrigeration equipment, industrial gas solutions, rare gas production, and the development of hydrogen energy infrastructure. The client base primarily consists of large industrial entities in sectors such as petrochemicals, steel, chemicals, and metallurgy, which require substantial and continuous supplies of industrial gases like oxygen, nitrogen, and hydrogen. The business model involves providing comprehensive solutions, from equipment manufacturing to long-term gas supply via pipelines, either to single large customers or to multiple users within industrial clusters.

Fullcryo offers a diverse portfolio of products and services. In cryogenic equipment, it manufactures helium refrigerators and liquefiers, LNG plant-based helium extraction facilities, and liquid helium dewars. The industrial gas segment provides bulk gases and air separation units, while the rare gas division focuses on neon, helium, krypton, and xenon. A significant area of focus is the green hydrogen energy sector, for which the company provides hydrogen purification, liquefaction units, and liquid hydrogen storage and transport solutions. A notable achievement includes the development of a 5-ton-per-day hydrogen liquefier with proprietary technologies, created in partnership with the Zhongshan Institute of Advanced Cryogenic Technology and TIPC-CAS.

Since its inception, Fullcryo has marked several milestones, including the development of China's first 40L/h helium liquefier in 2017 and exporting its first large liquid helium chiller products to South Korea in 2019. The company has received numerous accolades, such as the "National high-tech Enterprise" title in 2018. Financially, Fullcryo has secured significant investment, completing its Series A in 2018, followed by subsequent rounds culminating in a Series C financing in 2022 with backing from prominent investors like CICC, Sinopec, and the Agricultural Bank of China. This financial backing has fueled its expansion to 26 subsidiary institutions across China, encompassing engineering, manufacturing, and gas development.

Keywords: cryogenic engineering, industrial gases, rare gases, hydrogen energy, helium liquefaction, cryogenic equipment, air separation, hydrogen liquefier, natural gas processing, liquid hydrogen storage, Technical Institute of Physics and Chemistry, Chinese Academy of Sciences, LNG plant helium extraction, large-scale cryogenic refrigeration, gas separation, specialty gases, helium refrigerator, nitrogen generator, green hydrogen, petrochemical gas supply