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May 29,2025

Sinopec Launches $690 Million Hydrogen Energy Investment Fund

China’s Sinopec has launched a 5 billion yuan ($690 million) venture capital fund focused on hydrogen energy. It is China’s largest hydrogen investment fund, targeting early-stage ventures and core technologies. Managed by Sinopec’s private equity arm, the fund includes partners like Shandong New Growth Drivers and Yantai Guofeng.

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