Fujian Snowman Co., Ltd. was founded in March 2000 with registered capital of 670 million yuan. The headquarters of the company is located in Binhai industrial zone, Fuzhou, Fujian province. Currently, the company has 2 industrial parks, Binhai and Liren, with more than 2000 employees. The company was successfully listed on Shenzhen stock exchange on December 5, 2011, and now has more than 10 entity subsidiaries. In 2016, company had an asset scale of 3 billion yuan and an output value of 800 million yuan. In recent years, the company's profitability, operating cash flow and growth have maintained a good momentum. Through acquisition and equity investment,Snowman has formed a relatively complete industrial chain in which the upstream has "electrolyser, hydrogen production, hydrogen fueling station, hydrogen liquefaction technology" and the downstream covers "fuelcell, air supply system, hydrogen circulating pump".