Recently, the Science and Technology Committee of Baoshan District, Shanghai officially announced the list of the first batch of proposed projects for the "investment before stock" pilot program in 2025. After rigorous evaluation, SHINE-HYDROGEN (Shanghai) New Energy Technology Co., Ltd.. has successfully selected the "PEM Electrolytic Water Hydrogen Catalyst and Membrane Electrode Research and Production" project, becoming one of the first technology enterprises to receive support from this innovative policy!

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What does this mean?

'Investment before stock' is an innovative reform pilot launched by Baoshan District to accelerate the transformation of scientific and technological achievements and cultivate high growth technology enterprises. This model is supported by government funding * "upfront investment" for key technology research and industrialization. After the project matures and the enterprise value is enhanced, the invested funds * will be "post converted" according to the agreed conditions. This is not only a valuable source of capital, but also a highly recognized and strong endorsement of the project's progressiveness technology, market prospects and team strength!

SHINE-HYDROGEN Project: Targeting the "bottleneck" core of hydrogen energy

The projects selected by SHINE-HYDROGEN this time focus on the research and large-scale production of high-performance catalysts and membrane electrodes (MEA), the core components of proton exchange membrane (PEM) water electrolysis hydrogen production technology.

Why is it crucial?Catalysts and membrane electrodes are the "heart" of PEM electrolysis cells, directly determining the efficiency, lifespan, and cost of hydrogen production. Breaking through its core technology is a key step in achieving large-scale, low-cost, and green hydrogen production.

SHINE-HYDROGEN Target:The project is committed to developing catalysts with high activity, high stability, and low cost, as well as high-performance and long-life membrane electrodes, aiming to break foreign technological monopolies, enhance China's independent controllability and international competitiveness in the key materials field of PEM hydrogen production.

The significance of being selected is significant

1. Strong policy and capital support: inclusion in the “Investment-Before-Equity” program provides solid funding and policy backing for accelerated R&D, pilot-scale expansion, and commercialization.

2. Authoritative recognition of technology and prospects: The successful inclusion in the first batch of lists fully demonstrates the high recognition of government departments and expert evaluations for the technological innovation, industrial value, and development potential of the SHINE-HYDROGEN Project.

3. Upgrading the development momentum: This support will greatly assist SHINE-HYDROGEN in concentrating resources, breaking through technological bottlenecks, accelerating product iteration, and achieving domestic substitution and large-scale application of core materials more quickly, serving broad markets such as green hydrogen chemical industry and renewable energy storage.

Gratitude and moving forward

SHINE-HYDROGEN sincerely thanks the Baoshan District government and relevant departments for their trust and support! This recognition is a great encouragement for our team's long-term deep cultivation in the field of hydrogen energy materials and our commitment to independent innovation.

We will make full use of this “Investment-Before-Equity” pilot opportunity and push forward the “R&D and Production of PEM Water Electrolysis Catalysts and Membrane Electrodes” project in strict accordance with project requirements:

*Focus on core technology research and strive to achieve breakthroughs in performance and cost.

*Accelerate the industrialization process and promote the efficient transformation of research and development achievements into market competitiveness.

*Build a high-quality team, gather industry elites, and jointly promote the development of the green hydrogen industry.

SHINE-HYDROGEN will take this selection as a new starting point, seize the opportunity, forge innovation, and contribute solid "Shanhai" strength to the vigorous development of China's hydrogen energy industry and the achievement of the "dual carbon" goal!