Why is Xinyuan Power difficult to go public?

(1) has high production cost and needs a lot of electricity; (2) Difficulties in production and storage: the density of hydrogen is low, it is difficult to liquefy, and high-pressure storage is unsafe.

Xinyuan Power Co., Ltd. was established in April, 20001,and is the first joint-stock enterprise in China devoted to fuel cell industrialization. The company integrates scientific research and development, engineering transformation, product production and personnel training, and is mainly engaged in the design, development, manufacturing and technical services of membrane electrodes, stack modules, systems and related test equipment of hydrogen fuel cells. At present, there are 527 patents, including 4 international patents, covering key materials, key components, stacks and systems of proton exchange membrane fuel cells. In 20 19, it became the first fuel cell enterprise to be among the top 500 national patents, ranking 286th.