Senior Vice President Yu Baocai of Sinopec Corporation Visits Thinkre™ Group in Suzhou

Accompanied by Chairman Yang Dawei, Yu Baocai and his team first visited the Company's exhibition hall, where they attentively listened to Chairman Yang's introduction about the Company's development history, product system, application scenarios, and market share. Following that, they entered the Company's R&D center and production workshops, gaining a thorough understanding of the development, production, testing, and application of proton exchange membranes.

During the subsequent symposium, Chairman Yang Dawei extended a warm welcome to the leaders of Sinopec. He noted that China's energy storage and hydrogen energy sectors have achieved rapid development in recent years, and Thinkre™ Group, as one of the earliest enterprises in China engaged in the research and industrialization of proton exchange membranes, is well-positioned to capitalize on this trend. After a decade of relentless efforts, the Company has successfully addressed the critical issue of core membrane materials in the fields of flow battery energy storage and hydrogen energy, achieving domestic independence in the production of perfluorosulfonic acid proton exchange membranes and resins. Additionally, notable research achievements have been made in the downstream PEM water electrolysis sector, establishing a comprehensive industrial chain spanning from "fluorine monomers - resin synthesis - membrane preparation - testing and application development." During the exchange, Cao Pengfei, head of the Company's Innovation and Development Department, provided detailed reports to the leaders and experts on the Company's product system, technological leadership, and innovative achievements in the fields of hydrogen proton exchange membranes and PEM hydrogen generation equipment.

Yu Baocai highly recognized the Company's achievements and development in the core materials of hydrogen energy, emphasizing that Sinopec is vigorously promoting the green transformation of energy and the integrated development of hydrogen energy, aiming to lead, drive, support, and serve the growth of the hydrogen industry. Sinopec will leverage its role as a leader in the hydrogen energy industry chain, continuously strengthening technological innovation, fostering collaboration among enterprises within the chain, and driving the development of China's hydrogen energy industry. As an important hydrogen energy materials enterprise invested in by Sinopec,  Thinkre™ has seen rapid development, and both parties will further strengthen exchanges, collaborate on technological breakthroughs, expand application scenarios in hydrogen and other fields, and jointly promote the high-quality development of the hydrogen industry.

Finally, he encouraged Thinkre™ to maintain its "original aspiration" and passion, remain "focused and dedicated" to developing core hydrogen materials, and stay ahead of competitors in product performance. Within the industry, the Company should continue to innovate, iteratively develop new technologies, produce more fruitful results, and achieve greater successes in energy storage and hydrogen application scenarios. The research visit was also attended by leaders such as Wu Zhiyong, Vice Chairman, General Manager, and Deputy Secretary of the Party Committee of Sinopec Capital Co., Ltd.; Liu Huiyou, Deputy General Manager of Sinopec's Development Planning Department and Director of the New Energy Office; Wang Hao, Deputy General Manager of Sinopec's Science and Technology Department; Han Zhiguo, Deputy General Manager of Sinopec Star Co., Ltd.; Wan Nianfang, Senior Expert of Sinopec Research Institute of Petroleum Processing Co., Ltd.; Wang Nanyang, Deputy Manager of the Hydrogen Energy Project Office of the Development Planning Department; Zhou Jinguang, Deputy Manager of the New Energy Management Department of the Oil Sales Business Unit; and Hu Xun, Party Secretary and Representative of Sinopec Jiangsu Oil Products Company. Thinkre™ Group's Deputy General Manager and Secretary to the Board of Directors Cai Yuehua, Deputy Director of the Technology Center, and Head of the Innovation and Development Department Cao Pengfei, participated in the reception and symposium.