GUOFUHEE

Jiangsu Guofu Hydrogen Energy Equipment (2582.HK) surged 13.09% to close at HK$14.09, driven by a breakthrough in Southeast Asian data center power supply deal with Thailand's CEWA and multiple overseas green hydrogen agreements. The stock gapped up from previous close of HK$12.46, reaching morning session high of HK$14.40 before consolidating in the afternoon. Recent order flow includes a US$11 million Morocco and Greater Bay Area green hydrogen deal. However, Q4 revenue dropped 23.34% YoY to HK$132 million, net loss widened 212.68% to HK$163 million, with full-year loss reaching RMB 383 million. The stock remains 87.49% below its 52-week high of HK$112.6, trading below MA20 (HK$14.512) and MA60 (HK$22.699), with YTD decline of 45.81% and PB of 1.33x.