The Pengfei Pengwan Hydrogen Port Project Makes Its Debut at the China International Import Expo.

Release Date:

2020-11-10

The Pengfei Pengwan Hydrogen Port Project has successfully signed an agreement with the Hong Kong-based investor!

The third China International Import Expo was held from November 5 to 10, 2020, at the National Exhibition and Convention Center (Shanghai). As a key transformation project of Shanxi Province, Pengfei Group’s Pengwan Hydrogen Port initiative officially signed an agreement with a Hong Kong‑based enterprise at this prestigious event.

During the China International Import Expo, the Shanxi–Lüliang 2020 Fourth-Quarter Investment Promotion and Project Signing Event, themed “Sharing the Same Sky and Earth, Weathering Storms Together, Gathering at the CIIE, and Reaping Opportunities,” was held with great fanfare!

Li Zhengyin, Vice Chairman of the Shanxi Provincial Committee of the Chinese People’s Political Consultative Conference and Secretary of the Lüliang Municipal Party Committee, highlighted Lüliang’s development potential in areas such as resource‑based economic transformation, a broad investment landscape, a robust innovation ecosystem, and high‑quality development platforms. He also urged entrepreneurs from Lüliang based in Shanghai to embrace the spirit of the people of Lüliang—“drawing on the strengths of Shanghai, investing in the Lüliang Mountains, pioneering new paths through transformation, and achieving dual circulation”—and to work together to advance Lüliang’s development.

As a key transformation project in Shanxi Province, the Pengfei Group’s Pengwan Hydrogen Port—Phase I, with an annual production capacity of 200,000 tons of hydrogen derived from coke oven gas—signed agreements with Hong Kong‑based enterprises at this major event.

This has further propelled Pengfei Group to uphold the principles of “openness” and “green development,” striving to achieve high standards, improve people’s livelihoods, and ensure sustainable growth. In advancing Shanxi’s transformation and upgrading and the high-quality development of the Belt and Road Initiative, the Group draws on global momentum for progress and joins hands with the motherland to build a brighter future.

Zheng Peng, Chairman of the Board of Pengfei Group and Honorary President of the Shanghai Lüliang Chamber of Commerce, joined other leaders in witnessing the signing ceremony and plaque‑presentation for the joint establishment of the “Yangtze River Delta Commerce and Trade Service Platform” by the Shanghai Lüliang Chamber of Commerce and the various districts and counties of Lüliang.

Chairman Zheng Peng also visited the China International Import Expo exhibition halls.

As a modern-day Jin merchant, Pengfei Group has consistently upheld the development philosophy of “Loyalty, Nobility, Unity, and Progress,” leveraging its status as a top‑ranked private enterprise among China’s Top 500 and Shanxi’s Top 100 to embody the spirit of relentless self‑improvement and entrepreneurial dedication that defines the Pengfei family. Riding the wave of high‑quality transformation and development, Pengfei will take the lead in Shanxi’s coking industry—driving its upgrading, green transition, and sustainable growth—pioneering the energy revolution, writing a new chapter of leapfrog development, and continuing to forge a fresh legend of Jin‑merchant prosperity.