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Snowman Group has made an announcement stating that the 'Commissioned Development Contract for Metal Plate Fuel Cell Stacks,' which was signed by its wholly-owned subsidiary, Fujian Snowman Hydrogen Energy Technology Co., Ltd., and Japan's Hydrogen Power Corporation, has been fully executed. Recently, the project officially cleared its final acceptance phase. This achievement signifies that the company has not only grasped the core technology of metal plate fuel cell stacks but is also poised to accelerate its industrialization journey. Such progress is expected to significantly bolster the competitiveness of its hydrogen fuel cell system business. Nevertheless, it is crucial to remain vigilant about the potential risks associated with industrialization and the ever-evolving policy landscape in the market.
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