Bright Stone Innovation is the main stakeholder of Wanhua Bright Stone Hydrogen Industry Co., Ltd. As Bright Stone Innovation’s new energy platform, Wanhua Bright Stone chose to build a public project hydrogen supply company located at Dong Ying Harbor, which intends to supply hydrogen for the petroleum refining incorporations near the area.
On May.26.2016, Wanhua Bright Stone and Administration Committee of Dong Ying Economic Development Zone signed an Investment Agreement, and Wanhua Bright Stone will establish a company to establish its hydrogen supply project. The Administration Committee grants exclusive rights of hydrogen supply within the region, also the Committee will provide support for land, construction, development and operation regarding the project.
The signing of the Investment Agreement matches Wanhua Bright Stone’s market position and strategic development plan. The Agreement indicates a great trend for the preliminary development of the company and a solid foundation for the future sustainable development.