JIC Leasing recently provided financial leasing services to a Specialized, Refined, Differential and Innovative Little Giant Enterprise in Hebei Province in support of the development of the hydrogen energy industry.

Today, China is actively promoting the development of the hydrogen energy industry. The Medium- and Long-Term Plan for the Development of the Hydrogen Energy Industry (2021-2035), jointly issued by the National Development and Reform Commission and the National Energy Administration, proposed that by 2025, about 50,000 fuel cell vehicle holdings will have been created. The 14th Five-Year Plan for the Development of the Hydrogen Industry in Hebei Province issued in July 2021 also determined that during the 14th Five-Year Plan Period, Hebei Province plans to build 100 hydrogen refueling stations, of which 15 will be in Tangshan. 10,000 demonstration fuel cell vehicles are planned to be put into operation, of which 2,000 are planned to be in Tangshan. Tangshan is one of China's iron and steel production centers, and currently has about 100,000 heavy trucks registered in the area. The development of hydrogen heavy goods vehicles is an important future trend for the region.

This cooperative enterprise is mainly engaged in hydrogen energy research and development, manufacturing and sales. Relying on the coke oven gas generated by the local steel mills in Tangshan, and utilizing its independently developed production processes, it has turned the coke oven tail gas into treasure, effectively solving the pollution caused by energy-consuming enterprises. The company has recently created the largest capacity (coking) tail gas to fuel hydrogen project in the iron and steel industry, with an annual output of 100 million cubic meters of hydrogen. This volume can meet the daily requirements of 700 fuel cell heavy trucks and other fuel cell vehicles.

JIC Leasing implements the concept of green development, injects financial "vitality" into China's continuous optimization of its energy structure, and supports the growth of the clean energy industry. Active support has been given to the development of green and low-carbon industries for better performance in green finance, thus empowering high-quality social and economic growth.