Without entering the passenger car, you will not be able to compare with another technological leader in the Ningde era.

Editor’s note: This article is from the WeChat public account ” travel a passenger “(ID: carcaijing) , author: Shi Zhiliang team.

After Funeng Technology took off the first share of sci-tech innovation board power batteries on July 17, more than 20 days, the leading domestic hydrogen fuel cell company Yihuatong (688339. SH) officially landed on the Science and Technology Innovation Board, and the two major power technologies of new energy vehicles, lithium batteries and fuel cells, were successfully incorporated on the Science and Technology Innovation Board.

On August 10, Yihuatong, known as “China’s first hydrogen energy share,” was listed on the Shanghai Stock Exchange Science and Technology Innovation Board, with an opening price of 260 yuan per share, which was higher than the issue price (76.65 yuan per share) Up 239%, the market value of Yihuatong also soared to 14.2 billion yuan. In the next few days, Yihuatong’s stock price declined. As of press time, Yihuatong’s stock price was 161 yuan, with a market value of approximately 11.5 billion yuan.

In 2015, when Yihuatong received its first round of financing, its valuation was only 269 million yuan; in July 2020, when Yihuatong’s IPO was approved and listed by the China Securities Regulatory Commission, its market value was only 4 billion yuan. Far lower than today’s tens of billions of market value.

Obviously, the capital market is optimistic about the hydrogen fuel cell, which is known as the “ultimate energy solution” for a long time; Yihuatong’s listing on the Sci-tech Innovation Board also provides a strong boost to the hydrogen fuel cell industry that is in the market introduction stage. Heart needle.

The so-called hydrogen fuel cell is a power generation device that directly converts the chemical energy of hydrogen and oxygen into electric energy. Compared with the current popular fuel vehicles, the calorific value of hydrogen can reach 143MJ/kg, which is three times that of gasoline. The reaction product is only water, which achieves true zero emissions; compared with lithium-ion power batteries, hydrogen fuel cells have higher energy density and greater safety, and compared with charging, the hydrogenation process takes less time.