VEICHI Electric and CM Xageng strategic cooperation, jointly building the hydrogen energy ecosystem – Empowered with „Hydrogen,” Co-Creation for Win-Win

Recently, VEICHI Electric has taken further steps to expand into the new frontier of hydrogen energy. Following the strategic cooperation agreement signed with CM Energy Tech Co., Ltd. VEICHI Electric has also entered into a collaboration with its joint venture company CM Xageng Hydrogen Technology (Xiamen) Co., Ltd. This partnership aims to explore new approaches and models for developing the hydrogen energy industry chain, fostering cooperation and exchange in the development of advanced hydrogen equipment. Attendees on the signing ceremony were Mr. Gao Xiaoping, Chairman and General Manager of CM Xageng, Mr. Tian Peng, Deputy General Manager of CM Xageng, Ms. Zhang Ying, Director of Marketing at CM Xageng, Mr. Hu Zhiyong, Chairman of VEICHI Electric, Mr. Luo Peng, Vice President of VEICHI Electric, and Mr. Deng Xiong, Vice President of VEICHI Electric.

VEICHI Electric and CM Xageng Energy Signed Cooperation

CM Xageng is a high-tech hydrogen company jointly established through deep collaboration between Tan Kah Kee Innovation Laboratory of Xiamen University and CM Energy, a subsidiary of China Merchants Group Industrial Corporation. It plays a crucial role in the dual-carbon strategy, focusing on projects such as high-efficiency alkaline water electrolysis for hydrogen production, offshore hydrogen production, photovoltaic hydrogen production, and integrated wind power hydrogen production.

With years of concentration on the electrical drive and industrial control fields, VEICHI Electric specializes in motor drive, power electronics, and motion control. Upholding independent research and development, it has accumulated technological advantages in areas such as frequency converters, PLC control systems, servo drives, and specialized machinery, contributing to the transformation and upgrading of various industries.

The purpose of this collaboration is to leverage the respective resources and advantages in the field of hydrogen energy and electrical and industrial control equipment. It aims to conduct joint research and development and production of large-scale renewable energy hydrogen production equipment and supporting industrial power supplies. Leveraging the industry influence of CM Xageng and VEICHI Electric’s technical research and development strength in the industrial control field, the collaboration seeks to integrate resources from upstream and downstream enterprises, accelerate industry cooperation, facilitate the development of a common ecological community, promote the industrialization of hydrogen energy technology, achieve domestic and international market presence for hydrogen energy, and further support the development of China’s new energy sector.

VEICHI Electric’s strategic cooperation with CM Energy and CM Xageng in the hydrogen energy sector is of great significance for the company’s expansion of its hydrogen energy industry layout. In the future, VEICHI Electric will accelerate its exploration and innovation, accurately understand market demands, actively explore new industrial paths, and inject new impetus into the high-quality development of the manufacturing industry through competitive industrial automation products and solutions.