(29 June 2026 – Hong Kong)
CIMC Enric Holdings Limited together with its subsidiaries (“CIMC Enric” or the “Company”) is pleased to announce that the Company's integrated steel-coking project located in Liupanshui City, Guizhou Province, has recently officially commenced
operation. The project is controlled by CIMC Enric and constructed by its subsidiary, CIMC New Energy (Liupanshui) Technology Co., Ltd. It utilizes the coke oven gas from the Shougang Shuicheng Iron and Steel (Group) Co., Ltd. (a subsidiary of Shougang Group
Co., Ltd.,) as feed stock to produce blue LNG and high-purity blue hydrogen (99.999%). With a total investment of RMB 808 million and a construction period of approximately 12 months, the project covers an land area of about 248 mu. The annual capacity of
the project is approximately 140,000 tonnes of LNG and 24 million Nm³ of high-purity hydrogen.
Currently, CIMC Enric has three steel-coking integration projects in operation (including the Angang Bayuquan project and the Linggang Steel project), while other three
new projects have entered the preliminary stage of project construction. The related business footprint covers Liaoning Province, Guizhou Province, Sichuan Province, and the overseas Southeast Asian market. All operating projects in aggregate have an annual
production capacity of 48 million cubic meters of hydrogen, 420,000 tonnes of LNG, and 80,000 tonnes of liquid ammonia.
Boosting Production to Support Guizhou’s Development as a National Hub for Southwest China’s Hydrogen Energy Industry
Liupanshui has established multi-faceted, multi-form downstream hydrogen energy consumption scenarios. In 2025, a fleet of 100 49-tonne hydrogen heavy-duty trucks and four 8.6-meter hydrogen fuel cell buses were officially put into operation. Meanwhile, the
first hydrogen fuel cell locomotive in Southwest China underwent trial operation, filling the gap in hydrogen-powered railway freight transport in the Southwest region. Liupanshui is expanding hydrogen applications into multiple fields such as heavy-duty truck
transportation, sanitation operations, cold-chain logistics, and railway freight, and is actively exploring cutting-edge application scenarios like hydrogen metallurgy and hydrogen-based chemicals.
On the policy front, Guizhou Province has clearly laid out plans to build a national hub for the hydrogen energy industry in Southwest China. It will develop a core
hydrogen industrial axis connecting Guiyang, Anshun and Liupanshui, alongside a circular hydrogen economy belt covering Bijie, Liupanshui and Xingyi. As the core city of this layout, Liupanshui has rolled out its 2024–2030 implementation plan to advance the
full hydrogen industrial chain of production, storage, refueling and end-use, clarifying the roadmap for industry growth.
The Department of Industry and Information Technology of Guizhou Province highlighted that‘Liupanshui
possesses unique natural endowments in hydrogen energy resources and a significant advantage in hydrogen production costs, laying a solid foundation for large-scale commercial applications’.
On June 25, 2026, the National Development and Reform Commission and the National Energy Administration officially issued the "15th Five-Year Plan for the Construction
of a New Energy System". The document highlighted that the development of hydrogen energy and green fuel industries should be accelerated, and the entire hydrogen energy value chain – spanning production, storage, transmission, and application should be coordinated.
Optimizing Utilization to Drive Maturity of Downstream Hydrogen Consumption Scenarios
The Liupanshui project of CIMC Enric fully utilizes coke oven gas from local steel mills to achieve on-site conversion of clean energy. Across various phases such as
production, liquefaction, storage and transportation, distribution, and the creation of terminal application scenarios, the processes employ equipment independently developed by CIMC Enric, including LNG storage tanks, cryogenic liquefaction and hydrogen compression
units, and plant-wide DCS and digital intelligence systems. Notably, the project construction was under a comprehensive contract provided by CIMC Enric Engineering Technology Co., Ltd., a subsidiary of CIMC Enric. This fully leveraged the Company’s advantages
in key equipment and core technical processes, creating a high-quality, innovative integrated service project. It also continuously deepens the implementation of Guizhou Province's policy of "exploiting rich mines with precision", promoting the rollout of
more clean energy projects.
The high-purity hydrogen produce by the Company's project meets fuel-cell grade purity standard, providing a stable and low-cost hydrogen source for surrounding enterprises
engaged in precious metal processing, semiconductor production, and other fields. It effectively drives Liupanshui's development into a hydrogen energy demonstration city by facilitating application scenarios such as integrated gas-hydrogen-electricity energy
service stations and hydrogen combined heat and power (CHP) systems, becoming an important hydrogen replenishment point along the "Chongqing-Guizhou-Guangxi" hydrogen corridor. Furthermore, it will further meet national requirements for purifying industrial
by-product hydrogen and expanding the supply of affordable hydrogen sources, and may even enable "Guizhou hydrogen supply to Guangdong" in the near future, expanding the market scope and establishing "end-to-end" industrial value chain.
In addition to hydrogen energy, the project's LNG production capacity can be used to support energy demands within the Yunnan-Guizhou-Sichuan region. According to Mr.
Sun Yong, the General Manager of CIMC New Energy (Liupanshui) Technology Co., Ltd. And the person-in-charge for the Project,
explained that the Yunnan-Guizhou region lags northern Chinese provinces in LNG heavy-duty truck deployment and refueling station infrastructure. Nevertheless,
local logistics firms have been massively expanding or replacing fleets with LNG heavy trucks in recent years, while major energy players including PetroChina and Sinopec are ramping up investment in LNG refueling station networks.
As more new projects get off the ground, CIMC Enric will continue to focus on three major pillars: "key equipment, core processes, and integrated services," and deepen
its presence in the comprehensive clean energy service sector. Mr. Sun Zhengping, Vice President of CIMC Enric's New Energy Development and Application Business Center, stated that “The Company’s integrated steel-coking projects will be guided by national
clean energy development policies. We will comprehensively advance the connection of the entire hydrogen energy value chain and the multi-scenario application of clean energy such as LNG, accelerating the large-scale implementation of projects, and striving
to become a core driving force in the regional green and low-carbon transition.”
