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On July 27, the Vision New Energy Headquarters project of Wuhan HydraV Fuel Cell Tech. Co., Ltd. was officially opened in Wuhan Economic Development Zone, which is another "milestone" of Vision Group's hydrogen energy industry in Wuhan.

Zhang Huannong, Chairman of Vision Group, and senior executives of the company, and key leaders of Wuhan City push the lever for the project launch.

Vision New Energy Headquarters project rendering

The Vision New Energy Headquarters project has a total investment of RMB 400 million and is scheduled to be put into operation in the second half of 2024. Upon completion, the headquarters will mainly be engaged in the research and development, testing, display and sales of hydrogen energy-related products and new products. Vision Group will continue to introduce headquarters enterprises from relevant segments of the Group and upstream and downstream, integrate high-quality resources, accelerate the realization of key technology breakthroughs, and promote project incubation and industrialization results to the ground.

"Wuhan is not only the largest production base of Vision shares in China, but also a key city for future layout." Zhang Huannong, chairman of Vision Group, said that the construction of Vision's new energy headquarters project will accelerate the extension of Wuhan's hydrogen energy industry chain and help Wuhan build the "hydrogen energy capital of China".

In recent years, Vision has been increasing its investment in Wuhan, signing a contract with Wuhan Economic Development Zone for the Vision Hydrogen Energy Wuhan Industrial Park and Headquarters Project, and strongly promoting the construction of Wuhan's hydrogen energy industry cluster.

In December 2017, Vision Group established Wuhan HydraV Fuel Cell Tech. Co., Ltd. in Wuhan Economic Development Zone, investing 5 billion yuan to build the largest hydrogen energy industry production base in Central China. At present, the first phase of Vision Hydrogen Energy Wuhan Industrial Park has been put into production. After the project reaches production, it will have an annual output of 500,000 square meters of hydrogen fuel cell membrane electrodes, 100,000 sets of hydrogen fuel cell engines and 100,000 sets of hydrogen fuel cell power packs.

As a pioneer in the industry, Vision Group has invested in hydrogen energy bases in Shenzhen, Wuhan, Datong, Guangzhou, Yangquan and Qingdao, etc. Through rational industrial planning and investment layout, it has grown into a company with a complete industrial chain of domestically produced hydrogen fuel cells in China.

With years of experience in the field of hydrogen energy, Vision Group has been promoting the independent development of the fuel cell industry to achieve high quality development, which plays a great role in optimizing the energy structure and building a clean, efficient and low-carbon energy system.