HydrogenPro ASA, based in Oslo, Norway, has successfully secured NOK 70 million from its existing shareholders ANDRITZ AG and Mitsubishi Heavy Industries, Ltd., and conditionally NOK 70 million from new strategic partner LONGi Hydrogen. This strategic funding through a private placement of new shares and an investment agreement will total approximately NOK 140 million, further solidifying HydrogenPro's standing in the green hydrogen market. LONGi Hydrogen, a subsidiary of LONGi Green Energy Technology Co., will bring expertise in green hydrogen equipment and solutions, enhancing HydrogenPro's capabilities for delivering sustainable hydrogen solutions globally. The investments will be utilized for general corporate purposes and to enhance production efficiency through a Cooperation Agreement with LONGi Hydrogen. The partnership aims to provide quality products to customers and support global decarbonization efforts. Additionally, the agreements will enable both companies to expand their manufacturing footprint in China and Europe, ensuring optimized production processes. The positive sentiment surrounding the funding reflects the market's confidence in HydrogenPro's technology and market development strategies. CEO Jarle Dragvik expressed gratitude for the support from existing shareholders and excitement about welcoming LONGi Hydrogen as a strategic partner. The agreements not only signify financial backing but also symbolize a collaborative effort to drive innovation and sustainability in the green hydrogen sector.