Rigor New Energy was founded in 2009 and is headquartered in Wuhu City, Anhui Province. The company has established subsidiaries in five cities and offices in three cities across China, covering most regions of the country. It is one of the earliest high-tech enterprises in China specializing in the R&D, design, and manufacturing of hydrogen energy testing equipment. In March 2023, Huaqiang Group acquired a controlling stake in Rige New Energy through a capital increase, positioning it as a key platform for the group’s strategic expansion into the hydrogen energy industry. Rigor New Energy has developed a range of products, including hydrogen-powered sightseeing vehicles, water electrolysis hydrogen production systems, combined heat and power systems, small and medium-sized hydrogen power systems, and grid-load-storage power stations. The company is a comprehensive provider of hydrogen energy application equipment.