Fengchen Hydrogen Energy is the only partner of American STEELHEAD COMPONENTS in China. The two parties will form a joint venture to explore the China market. Steel Head Components of the United States is one of the few companies in the world that has mastered the core technology of four-type hydrogen storage bottles. It has a large amount of intellectual property rights in product design and production process. First of all, Type IV bottles use non-metallic liners, which can resist hydrogen embrittlement corrosion, and have more safety advantages than Type III bottles with metal liners; Secondly, under the same volume and pressure conditions, Type IV hydrogen storage bottles have higher hydrogen storage density than Type III bottles, but lighter weight; Third, the high manufacturing cost of Type IV hydrogen storage bottles is limited by technology. Once technical problems are overcome, the cost will naturally decrease. Moreover, since the liner is plastic, it is not easy to fatigue fail and has a longer service life, further reducing consumption costs.