The Supporting Capacity of Cemt Co., Ltd. Ranked the First in China

Recently, the supporting capacity of Cemt Co., Ltd., in which Luen Mei Holding (600167.SH)-a subsidiary of Luen Mei Group invests, has ranked the first in China with the proportion of 12% and listed as a flagship project in two core cities of fuel cell vehicles: Beijing and Shanghai, demonstrating Cemt’s forward-looking strategic vision and excellent R&D production capabilities.

According to the report on the fuel cell market in the second quarter of 2023 recently released by the Hydrogen Cloud Cain-an all-media platform focusing on the hydrogen energy industry chain, Cemt ranked the first in China with its supporting capacity accounting for 12% in May, and the installed capacity of 5.3MW supports King Long Motor Group and Skywell. Behind the outstanding performance is once again the market’s high recognition for Cemt's adherence to technological innovation.

Cemt Co., Ltd. is one of the enterprises invested by Luenmei Holding-a subsidiary of Luenmei Group to be engaged in the production and investment linkage and diversified development complying with the national strategic emerging industry development. Since its establishment in 2016, Cemt Co., Ltd. has always taken the mission of “driving the green development with science and technology”, i.e., the hydrogen energy benefiting the mankind. It is one of the largest hydrogen fuel automotive power system solutions providers in China that integrates research, development and production of metal bipolar plates, membrane electrodes and proton membrane fuel cells, using the fuel cell system as the core component.