CDT Environmental Technology surged 14.31% in after-hours trading following its announcement of entering the green hydrogen sector via waste-to-hydrogen technology. The company detailed a strategic initiative to convert organic waste into hydrogen using high-temperature gasification, supported by a senior expert from the Guangzhou Institute of Energy Conversion. The press release highlighted a dual "EPC engineering + long-term operation" business model targeting hydrogen production, heat supply, and power generation, aligning with China’s growing organic waste challenges. With over 3.9 billion tons of annual crop straw and livestock manure and rising municipal sludge production, CDT positioned itself to capitalize on regulatory momentum, including a 2025 waste-to-hydrogen standard it helped draft. The move, framed as an extension of its environmental expertise, underscored its pivot toward clean energy and addressed a high-potential market, fueling investor optimism.
Comments
No comments yet