Hygreen Energy has successfully completed the amalgamation with Beijing SinoHy Energy Co., a significant move that is expected to elevate the company's standing in the global hydrogen and electrolyzer markets. With SinoHy's extensive expertise in electrolyzer manufacturing and a state-of-the-art production facility in Shandong, China, Hygreen Energy is well-positioned to cater to the increasing demand for green hydrogen solutions. The amalgamation will enable Hygreen Energy to capitalize on the projected growth of the overseas electrolyzer market, which is forecasted to expand significantly by 2030. The strategic expansion plan includes a new organizational structure to enhance customer service, the establishment of global offices in key locations like Madrid, Toronto, Dubai, and Hong Kong, and the recruitment of experienced professionals to support global business development. The company has also secured international partnerships and made strategic hires to bolster its global presence. Additionally, Hygreen Energy is focused on expanding its manufacturing capacity to 5 Gigawatts by 2025, certifying its product offerings to meet regional specifications worldwide, and introducing new technologies like AEM to complement its existing electrolyzer range. The company's CEO, Benny Wang, emphasized the repositioning of Hygreen Energy in the global markets to better serve clients and projects worldwide, signaling a positive outlook for the company's growth and contribution to the hydrogen sector.