欧宝体育

1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

Hydrogen energy is regarded as one of the key new energy for the low-carbon transformation of China’s energy structure due to its lightweight, huge storage capacity, and excellent combustion performance. It plays an important role in promoting carbon neutrality goals in various industries, especially in the power, transportation, chemical and other industries. By now, the transportation field is one of the relatively mature fields for hydrogen energy applications, and demonstration operations of hydrogen powered passenger cars, heavy trucks, ships, airplanes, and forklifts, etc. have been achieved.

Green hydrogen energy comprehensive service station, also known as hydrogen refueling station, is a facility dedicated to providing hydrogen refueling services for hydrogen fuel cell vehicles. Its core working principle includes extracting hydrogen from water electrolysis or natural gas, and then compressing and storing the hydrogen. When refueling the vehicles, hydrogen will be transferred to the vehicle’s hydrogen storage tank. Vehicles use the chemical reaction between hydrogen and oxygen in fuel cells to generate electric energy to power their driving.

1.1.2 Market prospect

(1) Current market situation of hydrogen energy comprehensive service station

According to the national standard GB/T 34584-2017 Safety Technical Regulations for Hydrogen Refueling Station, hydrogen refueling stations are usually used to provide fuel for hydrogen energy vehicles, including hydrogen fuel cell vehicles, hydrogen internal combustion engine vehicles, and hydrogen hybrid fuel vehicles, and they are important infrastructure required for the development of hydrogen energy vehicles.

According to the different forms of hydrogen storage in the station, hydrogen refueling stations can be divided into gas hydrogen refueling stations and liquid hydrogen refueling stations. According to the classification of hydrogen sources, hydrogen refueling stations can be divided into hydrogen refueling stations for external hydrogen supply and hydrogen refueling stations for internal hydrogen production. According to the classification of construction forms, hydrogen refueling stations can be divided into fixed hydrogen refueling stations, modular hydrogen refueling stations, and mobile hydrogen refueling stations.

The upstream link of the hydrogen refueling station industrial chain is the core equipment required for the construction of hydrogen refueling stations, including hydrogen compressors, hydrogen storage containers, and hydrogen refueling machines, etc., as well as the links for preparation and storage of hydrogen; The midstream link is the construction and operation of hydrogen refueling stations carried out by hydrogen refueling station enterprises; The downstream link is the application end of hydrogen refueling stations, including fuel cell passenger vehicles and commercial vehicles, etc.

From the perspective of the ecological map of the industrial chain, there are core equipment manufacturers and hydrogen production, storage and transportation enterprises in the upstream of China’s hydrogen refueling station industrial chain, including GUOFUHEE, LSHEC, Meijin Energy, Sinopec, CHN Energy, and Fullcryo, etc.; In the midstream, there are builders and operators of hydrogen refueling stations, including enterprises such as GUOFUHEE, HYDROSYS, PERIC Hydrogen, and CIMC Hydrogen, etc.; in the downstream, there are automobile enterprises in the field of fuel cell vehicles, including FAW Group, Toyota, and Zhengzhou Yutong, etc.

Since 2020, with the introduction of “carbon neutrality” and “carbon peaking” policy, and driven by the growth of the fuel cell vehicle industry, hydrogen refueling stations, as an important part of hydrogen energy utilization, will also usher in rapid development.

Hydrogen refueling stations are the link between hydrogen and fuel vehicles, and their policy development process is closely related to hydrogen energy. In recent years, the country has attached increasing importance to the development of hydrogen energy, and hydrogen refueling stations, as important infrastructure for hydrogen energy development, have also been continuously included in the development plans of national policies.

(2) Market prospect of hydrogen energy comprehensive service stations

The downstream demand fields of hydrogen refueling stations are rapidly developing. In the field of fuel cells, the installed capacity of fuel cells in China has shown a significant growth trend in recent years, but the industry has not yet entered the commercialization stage. In 2023, the total installed capacity of fuel cell systems for registered vehicles in China was 734 MW, with a year-on-year increase of 49.3%.

In the field of fuel cell vehicles, according to statistics from the China Association of Automobile Manufacturers (CAAM), the production and sales of fuel vehicles in China have shown an overall growth trend since 2016. However, in 2020, due to policy shifts and the carryout of demonstration city clusters, the overall market declined. In 2023, the production and sales of fuel vehicles in China reached 5,600 and 5,800, respectively, a year-on-year increase of 55.3% and 72.0%; The average annual compound growth rates over the past 7 years reached 36.69% and 37.35%, respectively.

As of the end of August 2023, the number of fuel cell vehicles in China has exceeded 16,000. In the Medium and Long-term Plan for Hydrogen Energy Industry Development (2021-2035) released by the National Development and Reform Commission and the National Energy Administration, it was explicitly stated that by 2025, the number of fuel cell vehicles in China should have reached about 50,000, and a number of hydrogen refueling stations should have been deployed and constructed. Based on this calculation, the annual compound growth rate of the number of fuel cell vehicles in China in recent two years should reach around 77%, indicating that there is great potential for the growth of fuel cell vehicles in the future, thus creating sustained development demand for the hydrogen refueling station industry.

With the continuous advancement of hydrogen energy technology and the gradual reduction of costs, it is expected that the construction of hydrogen energy comprehensive service stations will accelerate in the coming years. Especially in the transportation field, the promotion and use of hydrogen fuel cell vehicles will directly drive the demand for the construction of hydrogen refueling stations. According to relevant plans, by 2030, China will have built over 1,000 hydrogen refueling stations to meet the growing market demand.

In addition, hydrogen energy, as a clean and efficient energy source, is constantly expanding its application in industrial, building and electricity fields, etc. For example, in the industrial field, hydrogen energy can be used as an energy substitute for high energy consuming industries such as steel and chemicals, etc., reducing greenhouse gas emissions. In the building field, hydrogen energy can be used as an energy storage medium to improve energy utilization efficiency.

To sum up, hydrogen energy comprehensive service stations have a broad market prospect. It has not only huge application potential in the transportation field, but also broad development space in many other fields. With the promotion of policies and the maturity of technology, hydrogen energy comprehensive service stations will become an important component of the future energy structure transformation.

(3) Market analysis for construction site of the project

As an important power and energy base in Northeast China, Shuangliao City, Siping has a superior geographical location, convenient transportation, and unique conditions for building green hydrogen energy comprehensive service stations. Firstly, from the perspective of transportation field, Shuangliao City, Siping is located at the transportation hub of Northeast China, with a well-developed network of highways and railways around it, providing a solid foundation for the promotion of hydrogen fuel cell vehicles. With the continuous maturity and popularization of hydrogen fuel cell technology, the demand for hydrogen refueling stations will continue to grow. It can be foreseen that the construction of green hydrogen energy comprehensive service stations in Shuangliao City, Siping will effectively meet the hydrogen refueling needs of hydrogen fuel cell vehicles in surrounding areas, promote the widespread application of hydrogen energy in the transportation field, and provide strong support for green travel in the region.

Secondly, from the perspective of the industrial field, the high energy consuming industries such as steel and chemical in Shuangliao City, Siping and surrounding areas have a particularly urgent demand for clean and efficient energy. These industries have long faced problems of high energy consumption and heavy environmental pollution, and are in urgent need of transformation and upgrading. As an ideal energy alternative, the application of hydrogen energy in these industries will help improve energy efficiency, reduce greenhouse gas emissions, and promote industrial upgrading and green development. The construction of green hydrogen energy comprehensive service stations will provide reliable hydrogen energy supply for these industries, promote the widespread application of hydrogen energy in the industrial field, and help regional economies achieve sustainable development.

In addition, hydrogen energy also has broad application prospects in the fields of building and electricity. As an energy storage medium, hydrogen energy can achieve efficient storage and utilization of energy in the building field, especially in the case of large fluctuations in renewable energy, hydrogen energy can effectively balance the supply-demand contradiction. In the electricity field, hydrogen energy can be used as a peak shaving power source to balance the load of the power grid, and improve the stability and safety of power grid operation. As a power energy base, Shuangliao City, Siping has a large fluctuation in power grid load. The construction of green hydrogen energy comprehensive service stations will be able to provide high-quality hydrogen energy services for buildings and power systems in surrounding areas, promote the widespread application of hydrogen energy in these fields, and further improve energy utilization efficiency.

It is worth mentioning that, Shuangliao City, Siping also has significant advantages in policy support, industrial foundation, location advantages, and talent reserves, etc. Local governments have attached great importance to the development of the hydrogen energy industry and introduced a series of supportive policies, providing strong policy guarantees for the construction of green hydrogen energy comprehensive service stations. Meanwhile, Shuangliao City, Siping has a strong industrial foundation and abundant energy resources, providing a solid foundation for the development of the hydrogen energy industry. The superior geographical location and convenient transportation conditions make the transportation and supply of hydrogen energy more efficient. In addition, Shuangliao City, Siping also has a group of high-quality scientific research and technical talents, providing strong support for the research & development and application of hydrogen energy technology.

In summary, Shuangliao City, Siping has broad market prospect for constructing green hydrogen energy comprehensive service stations, with good market demand and development potential. With the promotion of policies and the maturity of technology, green hydrogen energy comprehensive service stations will become an important component of the energy structure transformation and industrial upgrading in Shuangliao City, Siping, making positive contributions to promoting the sustainable development of the local economy and society. This will not only help improve energy efficiency and environmental quality in the region, but also set an example for the development of the national hydrogen energy industry, having important strategic significance and demonstration effect.

1.1.3 Technical analysis

The technology and process proposed for this project are advanced, and the project undertaker has relatively mature technology to achieve industrial production level.

Hydrogen for external supply is used to refuel fuel cell buses. The hydrogen comes from the by-product hydrogen of steel companies and is transported by high-pressure hydrogen cylinder bundle trailers.

The long tube trailer transports compressed hydrogen from the hydrogen production unit to a fixed station, and unloads the hydrogen to the high-pressure hydrogen storage tank inside the station through the compressor in the hydrogen refueling station. When the vehicle is refueled with hydrogen, the hydrogen output from the long tube trailer or hydrogen storage tank is filled into the on-board hydrogen storage bottle of the fuel cell vehicle through the hydrogen refueling machine.

Adopting advanced hydrogen storage and compression technology to improve hydrogenation efficiency and safety; Designing an intelligent layout for hydrogen refueling stations to improve the utilization and operational efficiency of on-site facilities; Providing diversified hydrogen refueling services, such as scheduled hydrogen refueling, rapid hydrogen refueling, etc., to enhance the user experience.

1.1.4 Advantageous conditions of project construction

(1) Policy advantages

The project complies with relevant policy requirements such as the National 14th Five-Year Plan and 2035 Development Plan, the Opinions of the Central Committee of the Communist Party of China and the State Council on Fully, Accurately and Comprehensively Implementing the New Development Concept and Doing a Good Job in Carbon Peak and Carbon Neutrality, the Notice of the State Council on Issuing the Action Plan for Carbon Peak before 2030, the Medium- and Long-Term Plan for the Development of the Hydrogen Energy Industry (2021-2035), the 14th Five-Year Plan for Energy Development in Jilin Province, the Implementation Opinions on Supporting Green and Low Carbon Development and Promoting Carbon Peak and Carbon Neutrality, and the Implementation Plan for the “Hydrogen-powered Jilin” Action. In addition, Jilin Province has also introduced several policy measures to support the development of the hydrogen energy industry, encouraging the construction of the integrated demonstration project for renewable energy hydrogen production and green hydrogen self-consumption, and provided support in project approval, energy-saving review, and other aspects‌.

According to the plan in the Technical Roadmap for Energy Conservation and New Energy Vehicles (Version 2.0), as for the construction target of hydrogen refueling stations in China, there should have been at least 1,000 by 2025, and at least 5,000 by 2035.

(2) Industrial advantages

Shuangliao has “five major industrial chains including glass building materials, electric energy, chemical industry, agricultural product processing, and modern circulation services. It is one of the three main areas for the construction of the “Jilin’s Inland Scenic Three Gorges” project, as well as the only provincial-level green power industry demonstration park in Jilin Province. In recent years, Shuangliao has taken “one zone and five chains” as its main focus, creating a modern industrial system with Shuangliao characteristics.

(3) Location advantages

Shuangliao has significant geographical advantages, and located in the central area of Liaoning, Jilin and eastern Inner Mongolia, it has been positioned as the central city and gateway city of western Jilin Province in the Central Urban Agglomeration Plan of Jilin Province. Shuangliao is the transportation hub in the west of Northeast Region, and is an important material distribution center in Northeast Region.

There are two railways from Shuangliao to Dahushan and from Siping to Qiqihar passing through the area: many highways from Daqing to Guangzhou, from Changchun to Shenzhen, from Ji’an to Xilinhot, from Nenjiang to Dandong, and from Shuangliao to Baicheng, etc. intersect in Shuangliao, making it the only city in Jilin Province with multiple highway nodes and 9 highway exits; There are two national trunk highways from Shenyang to Mingshui and from Ji’an to Xilinhot , with G231 Nenjiang-Shuangliao Expressway running through the north and the south; The provincial trunk highway from Changchun to Shuangliao spans from east to west. Shuangliao is 50 minutes’ drive from Tongliao Airport, and 150 minutes’ drive from Changchun Longjia International Airport and Shenyang Taoxian International Airport. Shuangliao will integrate into the 1-hour economic circle of Changchun and the 2-hour economic circle of Shenyang.

(4) Talent advantages

Siping has several universities including Jilin Normal University, Boda College of Jilin Normal University, Jilin Agricultural Engineering Vocational and Technical College, Siping Vocational College, as well as the ongoing establishment of Hongzui Vocational and Technical College, Jilin University Siping Medical College, and Siping Radio and Television University, etc. Among them, Jilin Normal University is a key university in Jilin Province, with 16,302 full-time undergraduate students, 1,844 graduate students, 336 international students, and 15,131 adult education students. It can cultivate thousands of higher education talents to the society every year. There are many colleges and universities in surrounding cities such as Changchun, Harbin, and Daqing, which can provide more than 500,000 high-level talents annually. These talents can provide technical support for construction of the project.

1.2 Contents and scale of project construction

The overall planned area of the project is 2,5000 square meters, with a construction area of 10,000 square meters. It constructs hydrogen storage station, hydrogen refueling station building, office buildings, and supporting facilities; and sets up systems such as compressors, fixed hydrogen storage facilities, hydrogen refueling machines, gas unloading columns, sequence control valve groups, hydrogen pipeline systems, venting systems, conversion blowing systems, instrument air systems, etc. Among them, the compressor, as the core equipment in the hydrogen refueling station, plays an important role in hydrogen boosting. It is mainly engaged in retail business of hydrogen refueling, on-site convenience stores and other related sales services, providing hydrogen refueling for hydrogen powered heavy-duty trucks, buses and taxis, with a daily refueling capacity of 3,000 kilograms and an annual hydrogen consumption of 1.2 million Nm³.

1.3 Total investment of the project and capital raising

The total investment of the project is 100 million yuan, including the construction investment of 75 million yuan.

1.4 Financial analysis and social evaluation

1.4.1 Main financial indexes

After the project reaches the production capacity, its annual sales revenue will be 77.51 million yuan, its profit will be 23.25 million yuan, its investment payback period will be 5.5 years (after the tax, including the construction period of 1 year) and its return on investment will be 23.2%.

Note: “10 thousand yuan” in the table is in RMB

1.4.2 Social evaluation

‌Environment-friendliness‌: By using hydrogen fuel cell vehicles, hydrogen energy comprehensive service stations can significantly reduce exhaust emissions, improve air quality, and reduce environmental pollution. In addition, using renewable energy to produce hydrogen can reduce the demand for fossil fuels, lower greenhouse gas emissions, and help address climate change‌.

‌Energy security‌: Developing hydrogen energy technology can increase the diversity of energy supply, reduce dependence on traditional energy, and improve energy security. By developing hydrogen energy, it is possible to achieve decentralized and distributed supply of energy, reducing the risk of energy supply‌.

‌Promoting sustainable development‌: The application and promotion of hydrogen energy technology can promote the sustainable use of energy, reduce pressure on limited resources, and promote the renew-ability of energy. The development and application of hydrogen energy technology are also closely related to sustainable transportation, sustainable buildings, and other fields, providing support for achieving sustainable urban development‌.

‌Economic effect‌: The improvement of the hydrogen energy industrial chain will drive the development of related industries, including links such as production, storage, transportation, and utilization of hydrogen, etc., and create new employment opportunities for the economy. Meanwhile, the application of hydrogen energy technology will promote energy transformation, improve optimization of industrial structure, and promote economic development from traditional high energy consuming and high emission models to low-carbon economy‌.

1.5 Cooperative way

Sole proprietorship, joint venture and cooperation.

1.6 What to be invested by the foreign party

Funds, other ways can be discussed in person.

1.7 Construction site of the project

Shuangliao City

1.8 Progress of the project

The project proposal has been prepared

2. Introduction to the Partner

2.1 Basic information of unit

Name: People’s Government of Shuangliao City

Address: No. 1980 Liaohe Road, Shuangliao City, Siping City

2.2 Overview of unit

Shuangliao City is located in the southwest of Jilin Province, adjacent to the northeastern part of Liaoning and the eastern part of Inner Mongolia on the edge of the Horqin Grassland, and is known for its “Cockcrow Heard in Three Provinces”. It currently has jurisdiction over 6 streets and 12 townships, with a total area of 3,121.2 square kilometers.

Silicon base raw material base with the greatest reserves in China: Shuangliao Qikeshu silica sand ore is honored as one of the four rich ores in the world, it is a quality raw material for producing quality glass, aerated concrete, precision casting and electronic industry, and the place has been listed as silica raw material production base. Shuangliao Qikeshu silica sand belongs to the quaternary fluvial and lacustrine siliceous placer deposits, with stable position and relatively extensive distribution covering about 100km², besides, it is of large reserves, shallow burred layer, and is easy to mine. Within the 4.01 km² of Shuangliao Qikeshu silica sand ores only, industrial reserves of silica sands are up to 900 million tons, and the maximum mining depth of the mine can be up to 30 m. In its raw ore production grade, SiO₂ (silicon dioxide) content is 89-90%, Al₂O₃ (aluminum oxide) content is 4.8%, and Fe₂O₃ (iron trioxide) content is 0.32%. The raw ore is of even granularity, with those granularity grade at 01-07 being above 90%.

Important electric power energy base in Northeast China: Integrated development of wind, light and fire is being actively promoted in electric power energy industry in Shuangliao.

Wind power base project at million kilowatt level is being promoted in an orderly way, wind power projects of China Datang, China Huadian, China Huaneng, China Shenhua Guohua, and China Guodian, etc. have been commenced and constructed successively, and by now, there has been grid-connected power generation of 350,000 kilowatts, which is expected to reach 600,000 kilowatts in the near future.

In terms of development and utilization projects of solar energy, Shuangliao ranks the first among the 5 development and utilization counties and cities of solar energy planned in Liaoning Province, and is listed as a key region, with a planned scale of 1,160,000 kilowatts. Three Gorges Renewables (Shuangliao) Qingda 10 MW Solar PV Power Generation Project has been combined to the grid, and Qingda 100MW PV Power Generation Project is under construction. Tiantai 200MW, Zhenfa 500MW, Hairun 50MW, Tianshun 50MW and other solar PV power generation projects are under early period operation.

Guodian Shuangliao Power Plant is the biggest thermal power generation plant in Jilin Province, with installed capacity of 2 million kilowatts by now. In the meantime, the amount of fly ash discharged from power plants has been close to 35 million tons, and annual discharge amount of fly ash will be up to around 1 million tons, which has provided industrial support for turning waste into wealth, and promoting resource development and utilization of fly ash.

The most promising oil, gas and coal base in western Jilin Province: Oil, gas and coal exploration is underway intensively. According to exploration, the natural gas reserves in Shuangliao City are around 30 billion cubic meters. The Shuang 9 # and Shuang 11 # exploration wells have already produced gas, with an estimated daily output of around 50,000 cubic meters. The Shuang 12 # exploration well has been completed exploration, while the Mao 1 # exploration well is currently under exploration. Siping Huasheng Group has natural gas pipelines with a daily gas supply of 500,000 cubic meters available for enterprise use.

The largest glass building material production base in Northeast China: In terms of glass building material industry, Shuangliao City is equipped with the sole glass building material characteristic park in Jilin Province, and centering on silica sand resource, fly ash resource and Yingxin Glass, Fuyao Glass, Shuanglong Glass Wool and other glass (silicon) manufacturers, it lays emphasis on planning and introducing a batch of comprehensive utilization projects of glass products and fly ash resources and deep processing projects of new building materials and glasses to gather in Shuangliao, and under guidance and attraction of these enterprises, relevant industrial chains will be further extended, and glass “industrial tree” of Shuangliao will be cultivated in 3 to 5 years, thus creating a glass building material industrial park with output value of ten billion yuan.

High-quality agriculture: Shuangliao is located in the world’s “Golden Corn Belt”, in the second climate zone of the sub-humid region of the middle temperate zone, and belongs to the continental monsoon climate. With adequate heat and light throughout the year, distinct climate throughout the four seasons, and synchronized rain and heat, it can meet the growth and development needs of crops that ripen once a year, being equipped with the basic conditions for the development of planting industry. There are 2.8 million mu of arable land in the city, and the corn production has remained stable at a stage level of 3 billion jin, ranking among the top 100 counties in national grain production and winning the title of “National Advanced County of Grain Production”. Shuangliao is not only an important corn export base, but also renowned in domestic and international markets for peanuts, soybeans, sorghum, millet, rice, and mixed beans. Shuangliao City, which has successfully developed over 300,000 mu of paddy fields, has not only achieved full mechanization of paddy field production, but also formed a complete industrial chain from spring planting to autumn harvest to rice processing. “Zhengjiatun Brand” rice has become a national geographical trademark.

2.3 Contact method

Contact method of the county (city) where the project is located:

Contact person: Huang Xibo

Tel: + 86-13844438112

Contact method of the city (prefecture) where the project is located:

Contact unit: Siping Municipal Economic and Technical Cooperation Bureau

Contact person: Wen Dacheng

Tel: +86-434-3260536

E-mail: spjhjjhk@163.com