Hans Energy to Accelerate Hydrogen-powered Transport with Majority Citybus Stake Acquisition
Friday, 24 May 2024, 06:00
Hans Energy Accelerating Hydrogen-powered Transport
Hong Kong-listed company, Hans Energy, is set to acquire a majority stake in the parent company of Citybus, with a focus on expanding hydrogen-powered transport.
Strategic Integration for Innovation
CEO Yang Dong highlights the strategic alignment between the acquisition and Citybus's goal of achieving net-zero emissions, emphasizing a sustainable approach to transportation.
- Vertically Integrated Approach: The deal aims to integrate the energy supplier with key end-users, promoting efficiency and innovation.
- Hydrogen Industry Development: This move signifies a strong commitment to advancing the hydrogen industry and reducing carbon footprint.
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