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Recently, the research results of the Western Securities team also confirmed Chen Linxin's viewpoint. Shen Wei, an analyst in the automotive industry at Western Securities, said: "Recently, we have once again visited China's fuel power cell industry chain. Compared to before, our products have gone out of the laboratory and entered the demonstration operation stage.

On August 25, 2017, Yihuatong's first hydrogen fuel cell engine was officially launched at the Zhangjiakou hydrogen fuel cell engine production base, marking the official launch of China's first independently developed automated mass production line for hydrogen fuel cell engines.

At the end of 2017, SAIC Motor Corporation launched the 6-meter FCV80 and began commercial operation in areas such as Shanghai and Fushun, Liaoning, with a scale of about 100 vehicles. This is the first truly commercialized fuel power cell product, marking the departure of fuel power cell products from the laboratory and entering the industrialization stage.

In order to promote the development of fuel power cells, the Ministry of Science and Technology has also actively promoted the industrialization of fuel power cell vehicles. Minister of Science and Technology Wan Gang has repeatedly pointed out that in the field of automotive energy, fuel power cell engines will become an important direction for the future transformation of automotive power electrification.

The Ministry of Science and Technology has recently set the goal of supporting the development of fuel power cells, striving to build a fuel power cell industry base with 100000 sets by 2022, achieve the application of 10000 sets of fuel power cell engines, and complete the promotion and application of 1000 sets of complete vehicles. The organizational form will adopt a model of government guidance, company participation, and diversified investment. It is expected that the total research and development cost of hydrogen fuel cell electric vehicles will exceed 5 billion yuan.

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