1. Introduction to the Project

1.1 Project background

1.1.1 Product introduction

The project is designed according to the “new concept of green hydrogen system” of “green hydrogen consumption of green electricity, green ammonia consumption of green hydrogen, and integration of source, grid, load, and storage”. It is planned to utilize the abundant renewable energy resources of wind and PV power in the project construction site to produce green ammonia through hydrogen production from water electrolysis. The quality of the green ammonia products in this project meets the national standard (GB536-2017) for superior products. The characteristics of ammonia are suitable for storing and transporting hydrogen, making it a good carrier for hydrogen transportation and storage.

1.1.2 Market prospect

(1) Analysis of the current market situation of new energy

New energy mainly includes hydropower, solar energy, wind energy, hydrogen energy, nuclear energy, biomass energy, and geothermal energy, etc. According to data, the current global segment market structure of new energy is mainly composed of solar energy and hydropower. As of 2023, the cumulative installed capacity of solar power generation worldwide has been 1.418 billion kilowatts, accounting for 33.31% of the cumulative installed capacity of various types of new energy generation worldwide and the largest share of global new energy generation. In 2024, the global new PV installed capacity reached 450 GW, and the cumulative installed capacity exceeded 2.8 TW, of which China ranked first in the world with a new increment of 230-260 GW, but the growth rate decreased by 27% compared with 2023. In 2025, it is expected that the new installed capacity in the world will reach 560-660 GW, the proportion of distributed PV in China will increase to 45%, and industrial and commercial roof projects will become the main force of growth. By 2030, the global installed capacity will have broken through 800 GW, the PV power generation will have accounted for more than 35%, China will have dominated the global supply chain and occupied more than 60% of production capacity.

Cumulative installed capacity of wind power generation: In 2023, the installed capacity reached 441.34 million kilowatts, a year-on-year increase of 20.7%. The newly installed capacity was 79.37 million kilowatts, a year-on-year increase of 59.3%, reaching a historical high. Among them, onshore wind power had an increase of 72.19 million kilowatts and offshore wind power had an increase of 7.183 million kilowatts. Cumulative installed capacity of solar power generation: The installed capacity reached 609.49 million kilowatts, a year-on-year increase of 55.2%. The increase of new grid-connected installed capacity of solar power generation exceeded 200 million kilowatts. The cumulative installed capacity of nuclear power generation was 56.91 million kilowatts, a year-on-year increase of 2.4%. Two new commercial nuclear power units have been increased, 5 new nuclear power units have started construction, and 55 nuclear power units are currently in operation, with a total installed capacity of 57 gigawatts. The power generation reached 434.72 billion kilowatt hours, a year-on-year increase of 4.1%, accounting for nearly 5% of the country’s cumulative power generation. The cumulative installed capacity of biomass energy power generation was about 44.14 million kilowatts, an increase of 2.82 million kilowatts from the previous year. The on-grid energy in 2023 was about 166.7 billion kilowatt hours. In 2024, the new installed wind power capacity in China was 79.82 million kW, a year-on-year increase of 6%, of which there was 75.79 million kW of onshore wind power, and 4.04 million kW of offshore wind power. From the distribution of new installed capacity, the “Three Provinces in Northeast China” region accounted for 75% of the new installed capacity in China. By December 2024, the cumulative grid-connected capacity of wind power in China reached 521 million kilowatts, a year-on-year increase of 18%, of which there was 480 million kilowatts of onshore wind power and 41.27 million kilowatts of offshore wind power. In 2024, the wind power generation in China was 991.6 billion KWH, a year-on-year increase of 16%; The average utilization rate of wind power in China was 95.9%.

In recent years, China’s PV power generation industry has been making rapid progress, with the scale of new grid-connected projects showing a double growth trend, and the industry presenting a diversified development trend. There are significant differences in the scale of new installed capacity among provinces, and centralized and distributed PVs have their own characteristics in geographical distribution. Tailored to local conditions, combined with the natural conditions and electricity consumption characteristics of various regions in China, we will develop different types of PV in a targeted manner. We will not only fully utilize the resources in the western region to develop large-scale PV bases, but also promote distributed applications in electricity load centers, and work together to promote the rapid development of the PV industry by both ways.

The newly added grid-connected capacity of PV in China has significantly increased. From 2018 to 2023, the cumulative grid-connected capacity of PV power generation in China has maintained a growth trend. In 2023, the cumulative grid-connected capacity of PV power generation in China reached 608.92 GW, and the newly added grid-connected capacity reached 216.30 GW, with a year-on-year growth rate exceeding 100% for the first time, reaching as high as 147.45%. In 2024, the new installed capacity of PV power generation in China reached 230 million kilowatts, a year-on-year increase of 45%, reaching a record high. As of the end of December, the cumulative PV installed capacity in China has exceeded 900 million kilowatts, accounting for 42% of the total volume globally, equivalent to 630 megawatts of new PV panels per day (the area of about 1.5 standard football fields). According to the data of the National Energy Administration, the desert PV base in the Northwest region alone contributed 110 million kilowatts of new installed capacity, of which the new scale of Xinjiang, Gansu and Qinghai provinces accounted for nearly 50% of the total volume nationally.

The proportion of the new energy industry in China’s energy structure is constantly increasing. As a key link in the new energy industry chain, new energy storage technologies are playing an increasingly important role, not only enhancing the stability and flexibility of the energy system, but also promoting the innovative development of the entire new energy industry. In 2023, China’s new energy storage technology showed a trend of large-scale and diversified development, providing strong support for the continuous expansion of the new energy industry.

The new energy storage market in China is developing rapidly, with optimized and upgraded technological structures. In 2023, the cumulative installed power of energy storage in China was about 83.7 GW, with over 30 million kilowatts of installed capacity already in operation. Among them, the new energy storage contributed the most (accounting for 59.4%), with a cumulative installed power of about 32.2 GW, a year-on-year increase of 196.5%. Pumped storage accounted for 39.9% of the total installed energy storage capacity, with a cumulative installed power of approximately 50.6 GW, a year-on-year increase of 10.6%. By 2024, the cumulative installed capacity of new energy storage in China has reached 73.8 GW/168.0GWh, which has achieved a significant increase of more than 130% compared with 2023.

According to GGII statistical data, in 2024, the shipment volume of the energy storage system in China reached 170 GWh, with an increase of 146%, of which overseas shipments were 46 GWh, accounting for 27%. According to observation by GGII, in 2024, the overseas shipment of energy storage system in China showed the following major trends:

Firstly, the dominance of leading enterprises coincided with the rise of emerging powers. By virtue of technology, brand, cost and other advantages, CATL, AESC and other leading enterprises occupied a large share in the overseas market, and established a deep cooperation relationship with overseas high-quality customers. Meanwhile, HyperStrong, TrinaStorage, PotisEdge and other enterprises also achieved rapid growth in overseas orders.

Secondly, the market was widely distributed, and the efforts to go overseas continued to increase. The overseas destinations of Chinese energy storage enterprises have gradually radiated from Europe and the United States to the Middle East, Australia, Southeast Asia, North Africa and other markets, and the scale of overseas energy storage contracts signed by Chinese energy storage enterprises in 2024 exceeded 100 GWh, and the contract amount exceeded 100 billion.

Thirdly, product competitiveness was improved by technological innovation. In 2024, the series liquid cooled AC-DC integrated 5MWh+ system became the development trend of energy storage system. From 5MWh system, the domestic enterprises have grasped the active discourse right. In April 2024, CATL released the 6.25MWh Tianheng Energy Storage System, BYD released the 6.432MWh MC-Cube-T; in September 9, CRRC Zhuzhou Institute and AESC released the 7.4MWh System and the 8MWh System, respectively, and Fluence, Powin and GE, etc. also introduced 5MWh product successively. The 6MWh+ products will usher in mass production from the first half of 2025, and the 6MWh+ system is expected to become an opportunity for domestic enterprises to go overseas to achieve “corner overtaking”.

Fourthly, localized operations were strengthened. In the face of the strict requirements for product certification standards and after-sales in the overseas energy storage market, Chinese energy storage manufacturers have increased their localized operations overseas. For example, Envision has nine overseas manufacturing sites, and its Spanish Giga-factory will be first lithium iron phosphate battery giga-factory in Europe when completed; Through early in-depth market research, legal research and geopolitical research, SUNGROW has established a mature localization strategy and laid a solid foundation for going overseas.

With the increasingly booming energy storage market, the country strongly supports high-capacity new energy storage projects. Large-scale deployment is a necessary path for flexible electrochemical energy storage technology to play a leading role in the power system. Under the same scale, the large capacity of energy storage devices can reduce the number of individual cells used, and lower the difficulty of achieving uniform balance among individual cells, thus reducing the probability of thermal runaway or even fire in batteries.

(2) Market demand for hydrogen energy

Hydrogen, as one of the most important elements on Earth, mainly exists in its chemical form. Its elemental form, hydrogen, is a clean and efficient energy carrier. In recent years, with the increasing global demand for clean energy, hydrogen and its related technologies have received widespread attention. Especially in the context of carbon peaking and carbon neutrality, hydrogen, as a secondary clean energy, is regarded as the “Ultimate Energy of the 21st Century”.

In recent years, China’s hydrogen energy industry has received high attention from governments at all levels and key support from national industrial policies. According to statistics, in 2024, a total of 22 provincial-level administrative regions in China included hydrogen energy in their government work reports, and each region actively developed hydrogen energy from different focuses. Since 2024, China has issued a large number of policies at the national level in the hydrogen energy industry, covering many aspects such as industry standard setting, technology R&D, equipment promotion, urban public transportation updates, and hydrogen energy transportation, aiming to promote the healthy, orderly, and sustainable development of the hydrogen energy industry.

Under the dual promotion of policies and market, China has become the world’s largest country of hydrogen production. As of the end of 2023, the national hydrogen production capacity has been about 49 million tons/year, with an output of about 35 million tons, an increase of about 2.3% year-on-year. In 2024, China’s hydrogen output reached 36.95 million tons.

Figure 1 Trend Chart of China’s Hydrogen Output

Under the goal of carbon neutrality, the annual demand for hydrogen in China will have reached 37.15 million tons by 2030, accounting for about 5% of terminal energy consumption. By 2060, the annual demand for hydrogen in China will have increased to around 130 million tons, accounting for about 20% of terminal energy consumption. Among them, the hydrogen consumption in the industrial field still accounts for the largest proportion, accounting for 60% of the total demand.

(3) Market demand for green ammonia

The ammonia chemical industry in China has gone through a period of introduction and development, and is currently in a mature stage. Since 2015, it has entered a stage of industrial restructuring, and the output of liquid ammonia has shown a trend of first increasing, then decreasing, and then increasing again. In 2022, the output of synthetic ammonia in China was 53.2101 million tons, and in 2023, the output of synthetic ammonia industry in China reached 54.8936 million tons. In 2024, the production capacity of the national synthetic ammonia industry increased to 85.71 million tons, and the output of synthetic ammonia was 60.061 million tons, a year-on-year increase of 8.5%.

The import volume of synthetic ammonia industry in China has shown a downward trend in recent years. In the first quarter of 2022, the total import volume of synthetic ammonia decreased significantly to 79,600 tons, a year-on-year decrease of 77.55% compared to the same period last year. In 2023, the import volume further decreased, with a total import volume of 41,200 tons in December, a year-on-year increase of 170.75%, but a decrease compared to the previous month. In May 2024, the import volume of synthetic ammonia was 52,600 tons, a year-on-year decrease of 48.69%, while the cumulative import volume from January to May was 258,700 tons, a year-on-year decrease of 18.25%.

The apparent consumption of synthetic ammonia in China has shown a trend of increase year by year in recent years, mainly due to the widespread application of synthetic ammonia in agriculture (nitrogen fertilizers such as urea) and industry (environment-friendly fields such as diesel exhaust fluid and desulfurization and denitrification in power plants), as well as the continuous expansion of domestic synthetic ammonia production capacity and the gradual growth of market demand.

It is expected that by 2025, the world’s consumption of synthetic ammonia will have reached about 199.55 million tons, an increase of 26 million tons compared with that in 2020. With the growth of industrial demand in China, the consumption of synthetic ammonia will resume growth, and the consumption in 2025 will increase by more than 6 million tons compared with that in 2020. Central and South America has the fastest growth rate, reaching 11.5%, while Mexico, other regions in Northeast Asia (excluding China and Japan), and Canada all have growth rates exceeding 5.0%.

From the perspective of macro industrial policies, the construction of nitrogen fertilizers using oil and natural gas as raw materials, the use of fixed layer gasification technology for ammonia synthesis, and purification process of raw gas for ammonia synthesis by copper washing method are classified in the Restricted category. The natural gas atmospheric pressure intermittent conversion process for ammonia synthesis is classified in the Eliminated category. Other processes for ammonia synthesis are classified in the Allowed category. Under strict industrial policy restrictions, green ammonia has become the darling of the market. By now, the production capacity of green ammonia has exceeded 3.29 million tons according to statistics.

The characteristics of ammonia are suitable for storing and transporting hydrogen. Ammonia is easier to liquefy than hydrogen. Under normal pressure, ammonia can liquefy at -33 ℃, while hydrogen needs to be below -253 ℃, and the same volume of liquid ammonia contains at least 60% more hydrogen than liquid hydrogen. The storage and transportation infrastructure for ammonia is well-developed. There are various transportation methods for ammonia, such as pipelines and ships. Among them, the cost of transporting one kilogram of hydrogen by sea through liquid ammonia is 0.1-0.2 US dollars, which is lower than that for the hydrogen transportation channels through pipelines and ships. Hydrogen, as a clean energy source, has great potential for development, and ammonia, as a hydrogen carrier, has a promising future. Among the currently highly regarded zero carbon energy sources, green ammonia powered ships have significantly higher energy density than hydrogen, and can utilize existing ammonia supply chains and infrastructure, having a promising prospect for promotion and application in the field of long-distance shipping for large vessels such as container ships. According to the prediction of Lloyd’s Register of Shipping (LR), the proportion of ammonia as a shipping fuel will increase from 7% to 20% between 2030 and 2050, replacing liquefied natural gas and other fuels as the main shipping fuel; followed by hydrogen energy, with its proportion increasing from 8% in 2030 to 19%, being equally important as ammonia energy.

In addition to being a carrier of green hydrogen storage and transportation, green ammonia itself is also an important energy source. On the one hand, it can serve as a carrier for green hydrogen, solving the problem of hydrogen storage and transportation; On the other hand, green ammonia can also be directly applied to fuel cells or used as fuel for combustion. In February 2022, the National Energy Administration proposed the development of ammonia energy storage technology in the “14^th Five-year Plan” for New Energy Storage Development Implementation Plan; In August, the Ministry of Industry and Information Technology (MIIT) proposed the concept of ammonia fuel in the Implementation Plan for Carbon Peaking in the Industrial Sector. Domestic and foreign enterprises and research institutions are actively exploring the use of ammonia as high-temperature kiln fuel, ammonia combustion power generation, and ammonia fuel ships, ammonia fuel cells, etc. The green ammonia industry will experience vigorous development.

1.1.3 Technical analysis

The production of green ammonia from green hydrogen mainly involves three technical steps, including hydrogen production from water electrolysis, nitrogen production from air separation, and ammonia synthesis.

(1) Hydrogen production from water electrolysis

The hydrogen required for ammonia synthesis is produced through renewable electricity and water electrolysis, with a hydrogen pressure of approximately 1.5 MPa. Considering the instability of renewable electricity, it is necessary to set up certain hydrogen storage tanks to store surplus hydrogen when electricity is sufficient, and use the stored hydrogen for ammonia synthesis when electricity is insufficient. When the ammonia synthesis unit is at full load, 150,000 Nm3/h of hydrogen is required and a certain amount of surplus electrolyzers need to be considered. The capacity of hydrogen production from water electrolysis is considered at 225,000 Nm³/h.

(2) Nitrogen production from air separation

The system of nitrogen production from air separation is considered based on three series, each with a nitrogen production capacity of 25,000 Nm³/h.

(3) Ammonia synthesis

Considering the instability of renewable electricity and to facilitate load regulation, ammonia synthesis is considered in 3 series, each with a capacity of 200,000 tons/year.

The nitrogen produced from air separation is compressed and mixed with hydrogen gas produced from water electrolysis to obtain fresh gas with a hydrogen to nitrogen ratio of about 3, with a pressure of 1.5 MPa. It is compressed to 13.5 MPa by a hydrogen-nitrogen compressor, and then further compressed to 14 MPa after mixing with circulating gas before entering the ammonia synthesis tower. After condensation and separation, liquid ammonia product is obtained and enters the liquid ammonia storage tank, and the recovered hydrogen is returned to the hydrogen-nitrogen compressor for compression recovery.‌

1.1.4 Advantageous conditions of project construction

(1) Policy advantages

In 2025, the National Energy Administration issued the Guiding Opinions on Energy Work in 2025, proposing that we should adhere to green and low-carbon development, and continue to promote the adjustment and optimization of the energy structure. We should give priority to ecological and green development, and work together to reduce carbon emissions and pollution and promote green growth. We should vigorously develop renewable energy, coordinate the local consumption and delivery of new energy, strengthen the clean and efficient development and utilization of fossil energy, actively promote energy conservation and carbon reduction on the energy consumption side, accelerate the transformation of energy consumption patterns, and increase the proportion of non-fossil energy consumption.

In the Implementation Plan to Promote the High-quality Development of New Energy in the New Era issued by the National Development and Reform Commission and the National Energy Administration in 2022, it was mentioned that in eligible industrial enterprises and industrial parks, efforts should be made to accelerate the development of new energy projects such as distributed PV and decentralized wind power, support the construction of industrial green micro-grid and source grid load and storage integration project, promote complementation and efficient utilization of multiple energy sources, carry out pilot projects for direct power supply of new energy, and increase the proportion of new energy electricity in terminal energy consumption. Promote the deep integration and development of solar energy and architecture. Improve the application technology system of PV building integration, and expand the consumer group of PV power production. Promote breakthroughs in key technologies such as efficient solar cells and advanced wind power equipment, and accelerate the upgrading of key basic materials, equipment, components, and other technologies. Promote the development of retired wind turbines, PV module recycling and processing technologies, and related new industrial chains, and achieve closed-loop green development throughout the entire life cycle.

The 14^th Five-Year Plan for Industrial Development in Jilin Province clearly proposes to promote the development of hydrogen energy equipment and hydrogen fuel cells around the entire industrial chain of hydrogen “production, storage, transportation, refueling and utilization”. Support the RD of intelligent heat exchange units and new high-efficiency energy-saving heat exchangers. Accelerate the development of environment-friendly equipment such as air pollution control, water pollution control, and solid waste treatment. Cultivate new energy system solution suppliers, and establish RD and manufacturing bases of new energy equipment.

The Mid- and Long-term Development Plan of a Hydrogen-powered Jilin (2021-2035) proposes to make the hydrogen energy industry a key focus for cultivating and developing strategic emerging industries. Based on the chemical industry in Jilin City, Baicheng City, and Songyuan City, we should carry out demonstrations of “Green Chemical Industry in Jilin” (hydrogen-based chemical industry) projects, build diversified hydrogen energy supply, carbon fiber material and other industry auxiliary systems, and expand the business scope of the chemical industry.

The Investment Promotion Policy of Jilin City clearly states that the investment projects of Jilin Industrial Investment Guidance Fund should comply with national and relevant industrial policies and development plans, with a focus on investing in tourism, medicine and health, aviation, information technology, new materials, advanced equipment manufacturing, biotechnology, energy conservation and environmental protection, new energy, cultural creativity, modern agriculture, modern service industry and other related industries in Jilin City’s “6411” industrial plan, as well as other areas supported by the municipal government for development with focus. In addition to setting up sub-funds through equity participation, the Guidance Fund can also adopt investment methods such as follow-up investment and direct investment; Newly introduced investment projects that meet the conditions shall enjoy tax reductions and exemptions in accordance with the current national and provincial tax policies. For projects with a significant contribution rate in Jilin City, in accordance with the spirit of the document Notice of the State Council on Relevant Matters Concerning Tax Preferential Policies (GF[2015] No. 25), relevant departments shall assist the enterprises in applying for tax exemptions and reductions in accordance with the law and regulations; Establish a special fund for the development of industrial enterprises, and encourage the introduction of major projects in traditional industries such as chemical, automobile, metallurgical, and agricultural product processing in the “6411” industrial system that comply with national industrial policies, have strong industrial support, and have a significant driving effect; Encourage the introduction of emerging industries such as medicine and health, new materials, advanced equipment manufacturing, and electronic information. Lay emphasis on the allocation of production factors, and give priority to recommend relevant national and provincial special funds for support.

(2) Resource advantages

Jilin City has great potential for resource development. The installed capacity of power sources in the city is 10 million KW, with an additional 3.279 million KW added during the 14^th Five-year Plan period, an average annual growth rate of 8.3%. Among them, coal-fired power generation is 3.07 million KW, accounting for 30.7%; Gas power generation is 860,000 KW, accounting for 8.6%; Wind power is 1.54 million KW, accounting for 15.4%; PV power generation is 700,000 KW, accounting for 7%; hydropower generation is 3.5 million KW (conventional hydropower generation of 3.2 million KW and pumped storage is 300,000 KW), accounting for 35%; biomass power generation is 270,000 KW, accounting for 2.7%; waste generation is 58,000 KW, accounting for 0.6%; while the installed capacity of new and renewable energy accounts for 60.7% of the total installed capacity. It is expected that by 2025, the power generation will have reached 20.63 billion kWh, and the total transformer capacity of urban and rural power grids will have reached 4891.1 MVA.

The total planned supply of state-owned construction land of Jilin city is 853 hectares, including 74 hectares of commercial land, 500 hectares of industrial and mining storage land, 179 hectares of residential land (including guaranteed land for affordable housing), and 100 hectares of other land (including land for public management and public services, transportation, water bodies and water conservancy facilities, and special land). There is a large stock of exploitable land resources, and newly added and reserved land can meet the needs of new projects. Land prices are at a low level among 41 cities in Northeast China.‌

(3) Talent advantages

Jilin City has universities such as Northeast Electric Power University, Jilin General Aviation Vocational and Technical College, Jilin Technology College of Electronic Information, Jilin Vocational College of Industry and Technology. These universities provide a continuous stream of talent support for enterprises. These talents not only possess rich practical experience, but also have high technical level and innovation ability. They are able to solve various technical problems in the production process, and improve the production efficiency and product quality. Meanwhile, these professional skilled talents can actively participate in the technological innovation and product research and development work of the enterprises, providing strong guarantees for the sustainable development of the enterprises.

Meanwhile, Jilin City has a large number of high-quality industrial workers. After training by enterprises and public welfare institutions, more than 10,000 skilled talents are sent to the society every year, and more than 20,000 people of various types are trained for the society every year. The advantage of labor resources is obvious, and the proportion of skilled workers is at a high level in the Northeast urban agglomeration. The labor force is in a dividend period, and the labor cost is relatively low, which can meet the needs of various enterprises.

(4) Location advantages

Jilin City is located in the central eastern part of Jilin Province, is adjacent to Yanbian Korean Autonomous Prefecture to the east, Changchun City and Siping City to the west, borders Harbin City, Heilongjiang Province to the north, and borders Baishan City, Tonghua City and Liaoyuan City to the south.

Jilin City is located at the geographical center of Northeast Asia, with various forms of transportation including railways, highways, water transportation, and aviation, etc. The artery traffics such as Jilin Longjia International Airport and Jilin Airport, Changchun-Hunchun and Shenyang-Harbin Expressways, Changchun-Hunchun Intercity Express Railway, and Shenyang-Harbin Double-track Railway form a convenient three-dimensional transportation network extending in all directions in Jilin City. 

1.2 Contents and scale of project construction

1.2.1 Construction scale

The project covers an area of 400,000 square meters. After the project is completed, it will produce green ammonia from green hydrogen at 600,000 tons/year.

1.2.2 Construction contents

The total construction area of the project is 270,000 square meters, mainly consisting of facilities for hydrogen production from water electrolysis, hydrogen storage, ammonia synthesis and storage, and auxiliary production, etc.

1.3 Total investment of the project and capital raising

1.3.1 Total investment of the project

The total investment of the project is 2,600 million yuan, including the construction investment of 2,080 million yuan and current funds of 520 million yuan.

1.3.2 Capital raising

Raised by the enterprise itself.

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 2,193.55 million yuan, its profit will be 524.19 million yuan, its investment payback period will be 8.2 years (after the tax, including the construction period of 2 years) and its return on investment will be 20%.

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

1.4.2 Social evaluation

The green ammonia from green hydrogen project is an important component of the hydrogen energy industrial chain, and its construction will drive the upstream and downstream development of the hydrogen energy industry, including various links such as hydrogen preparation, storage, transportation, and application, forming a complete hydrogen energy industrial chain. By producing green ammonia from green hydrogen, we can reduce our reliance on traditional fossil fuels, thereby lowering carbon emissions and contributing to addressing global climate change, and achieving environmental protection and sustainable development goals.

The construction of this project can effectively promote the sustainable development of county-level economy in Jilin region, make positive contributions to local fiscal revenue, and assist in the transformation and upgrading of industries in areas with relatively backward production capacity.

1.5 Cooperative way

Joint venture or cooperation, other ways can be discussed in person.

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

Panshi Metallurgical Chemical New Materials Industrial Park in Jilin Panshi Economic Development Zone.

1.8 Progress of the project

It is in planning phase.

2. Introduction to the Partner

2.1 Basic information

Name: Jilin Panshi Economic Development Zone Management Committee

Address: Jilin Panshi Economic Development Zone

2.2 Overview

Panshi Metallurgical Chemical New Materials Industrial Park was established in 2019, and was recognized by the Provincial Chemical Industrial Park Office in late 2020 and September 2023, respectively; In 2022, its safety risk level assessment was recognized as level C by the Department of Emergency Management of Jilin Province. There are currently 13 enterprises, including 3 industrial enterprises of designated size. The park is accelerating the construction of infrastructure and supporting facilities, providing a good development platform for enterprises entering the park; With the goal of supplementing, strengthening, and extending the supply chain, the park will attract excellent businesses and select suitable resources, while promoting the project to reach the production capacity and efficiency early, and creating a new growth pole for the Panshi industrial economy. It strives to have built a green and low-carbon “ten billion level” park by 2025.

2.3 Contact method

Contact method of the unit where the project is located:

Contact unit: Jilin Panshi Economic Development Zone Management Committee

Postal code: 132000

Contact person: Sun Kai

Tel: +86-432--65257806 

   +86-13252559898

E-mail: pskfq@163.com

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

Contact unit: Investment Promotion Service Center, Bureau of Commerce of Jilin City

Contact person: Jiang Yuxiu

Tel: +86-432-62049694 

   +86-15804325460  

E-mail: jlstzcjfwzx@163.com