China Petroleum & Chemical Corporation (Sinopec) hosted a significant multilateral event at COP29 focused on hydrogen energy, under the theme 'Hydrogen Powering Climate Action: Towards A Clean Energy Future with Net-Zero Emissions'. Organized in collaboration with the International Hydrogen Fuel Cell Association (IHFCA) and the Foreign Environmental Cooperation Center of the Ministry of Ecology and Environment (FECO), this event marked a milestone as the first hydrogen-themed event co-hosted by a Chinese company at the COP conference. Two key reports were published during the event, highlighting the progress of China's hydrogen energy innovation, green and low-carbon development, and promoting international cooperation for sustainable hydrogen practices. Ma Yongsheng, chairman of Sinopec, delivered a keynote speech emphasizing the importance of collective action in building a robust hydrogen industry ecosystem and transitioning towards a 'hydrogen era' in the energy sector. He stressed the need for enhanced international cooperation, openness, innovation, and trade facilitation across the hydrogen industry value chain. Sinopec is actively investing in green hydrogen technologies, with operational projects like a 20,000-ton photovoltaic green hydrogen demonstration and plans for a 100,000-ton/year wind and green hydrogen integration project. As the world's largest single enterprise operating hydrogen refueling stations, Sinopec has made significant strides in establishing a comprehensive industry chain for hydrogen production, storage, transportation, utilization, and research, further boosting green hydrogen production capacity and exploring emission reduction solutions in the refining and chemical industries.