When it comes to the industrial chain of hydrogen fuel cell vehicles, we have to say that there are three industrial chains of fuel cells: upstream, midstream and downstream.

1、 As an important part of fuel cell system integration, the upstream stack accounts for about 65% of the system cost, and some parts have high technology threshold. The core components of upstream fuel cell mainly include electric stack, hydrogen circulation system, air compressor, membrane electrode, bipolar plate, catalyst, carbon paper, exchange membrane, etc. Panye hydrogen energy has made breakthroughs in key technologies such as fuel cell key material preparation and cell stack structure design, and has completely independent intellectual property rights. Panye has 30 Chinese patents and 2 international patents; Breakthrough progress has been made in the development, production and application of small and medium power fuel cell system. Focus on core businesses such as fuel cell standby power supply for communication, UAV power system, on-board fuel cell and teaching aids products.

2、 System integrators in the midstream integrate components into hydrogen fuel cell engine system. Different integration schemes and algorithms also have a great impact on the reliability of the system.

3、 Downstream is vehicle integration and terminal application. According to statistics, the number of hydrogen energy vehicles in China in 2019 is 6459. In 2019, the carbon emission of China's transportation industry was about 1.2 billion tons, of which the ownership of commercial vehicles accounted for only about 12% of China's automobile ownership, but produced 56% of road traffic carbon emission. Driven by the "double carbon" policy, the large-scale transformation of low-carbon commercial vehicles is imminent.