Shanghai REFIRE Group Overview

  • Year Founded
  • 2015

Year Founded

  • Status
  • Public

  • Employees
  • 283

Employees

  • Stock Symbol
  • 02570

Stock Symbol

  • Investments
  • 7

  • Share Price
  • $0.59
  • (As of Friday Closing)

Shanghai REFIRE Group General Information

Description

Shanghai REFIRE Group Ltd is a hydrogen technology company in China, It is focused on the design, development, manufacture, and sales of hydrogen fuel cell systems, hydrogen production systems, and related components, as well as providing fuel cell engineering and technical services catering to customers' needs, enabling it to provide one-stop solution for hydrogen production and end-use applications. Key revenue of the Group was derived from operations in Mainland China, and also has its presence in Other Countries.

Contact Information

Website
en.refire.com
Ownership Status
Publicly Held
Financing Status
Formerly VC-backed
Corporate Office
  • Room 1004, Floor 1, Building 1
  • No. 1555 Jingyuan Road, Jiading District
  • Shanghai, 201803
  • China
+86 021
Primary Industry
Alternative Energy Equipment
Other Industries
Electrical Equipment
Stock Exchange
HKG
Corporate Office
  • Room 1004, Floor 1, Building 1
  • No. 1555 Jingyuan Road, Jiading District
  • Shanghai, 201803
  • China
+86 021

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Shanghai REFIRE Group Stock Performance

As of 13-Nov-2026, Shanghai REFIRE Group’s stock price is $0.59. Its current market cap is $54.7M with 93.2M shares.

(As of Friday Closing)

Stock Price Previous Close 52 wk Range Market Cap Shares Average Volume EPS
$0.59 $0.61 $0.32 - $23.02 $54.7M 93.2M 341K -$0.87

Shanghai REFIRE Group Financials Summary

As of 30-Jun-2026, Shanghai REFIRE Group has a trailing 12-month revenue of $84.8M.

In Thousands,
USD
TTM 30-Jun-2026 FY 2025 31-Dec-2025 FY 2024 31-Dec-2024 FY 2023 31-Dec-2023
EV 377,007 816,358 1,918,222
Revenue 84,784 82,764 90,416 126,543
EBITDA (52,679) (61,517) (84,487) (60,409)
Net Income (77,405) (83,828) (102,753) (74,838)
Total Assets 585,600 610,538 642,749 569,446
Total Debt 207,801 209,515 219,506 192,545
Public Fundamental Data provided by Morningstar, Inc. disclaimer

Shanghai REFIRE Group Valuation & Funding

Deal Type Date Amount Valuation/
EBITDA
Post-Val Status Debt

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Shanghai REFIRE Group Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate (%) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion
Price
% Owned

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Shanghai REFIRE Group Patents

Shanghai REFIRE Group Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
WO-2025179847-A1 Fuel cell system Pending 01-Mar-2024
WO-2025175758-A1 Hydrogen purity measurement method for fuel cell system, and control method for fuel cell system Pending 20-Feb-2024
WO-2025130213-A1 Membrane-tube humidifier and fuel cell system Inactive 18-Dec-2023
WO-2025086961-A1 Method and apparatus for controlling circulation volume for anode, and electronic device and fuel cell Inactive 23-Oct-2023
WO-2025086963-A1 Method and apparatus for determining cathode purging time, and electronic device and fuel cell Inactive 23-Oct-2023 H01M8/0662
To view Shanghai REFIRE Group’s complete patent history, request access »

Shanghai REFIRE Group Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

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Shanghai REFIRE Group Investments & Acquisitions (7)

Shanghai REFIRE Group’s most recent deal was a Corporate with Enze Hydrogen Energy for . The deal was made on 29-Aug-2025.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
Enze Hydrogen Energy 29-Aug-2025 Corporate Energy Production
Blackstone Intelligence 04-Mar-2025 Corporate Automation/Workflow Software
Gengchi New Energy 20-May-2024 Merger/Acquisition Alternative Energy Equipment
HydroTransformer 13-Apr-2023 Early Stage VC Alternative Energy Equipment
Pandong Electric 26-Nov-2020 Secondary Transaction - Private Industrial Supplies and Parts
You’re viewing 5 of 7 investments and acquisitions. Get the full list »

Shanghai REFIRE Group ESG

Peers Analysis

Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.

Global

Covered Companies

Rank

Percentile

Utilities

Industry

Rank

Percentile

Electric Utilities

Subindustry

Rank

Percentile

To view Shanghai REFIRE Group’s complete esg history, request access »

Shanghai REFIRE Group Exits (1)

Shanghai REFIRE Group’s most recent exit was on 21-Mar-2019 from Hydrogen Maple. The exit was categorized as with 3 buyers.

Company Name Exit Date Exit Type Exit Size Status Buyers
Hydrogen Maple 21-Mar-2019 Completed
  • 3 buyers
To view Shanghai REFIRE Group’s complete exits history, request access »

Shanghai REFIRE Group FAQs

  • When was Shanghai REFIRE Group founded?

    Shanghai REFIRE Group was founded in 2015.

  • Where is Shanghai REFIRE Group headquartered?

    Shanghai REFIRE Group is headquartered in Shanghai, China.

  • What is the size of Shanghai REFIRE Group?

    Shanghai REFIRE Group has 283 total employees.

  • What industry is Shanghai REFIRE Group in?

    Shanghai REFIRE Group’s primary industry is Alternative Energy Equipment.

  • Is Shanghai REFIRE Group a private or public company?

    Shanghai REFIRE Group is a Public company.

  • What is Shanghai REFIRE Group’s stock symbol?

    The ticker symbol for Shanghai REFIRE Group is 02570.

  • What is the current stock price of Shanghai REFIRE Group?

    As of 13-Nov-2026 the stock price of Shanghai REFIRE Group is $0.59.

  • What is the current market cap of Shanghai REFIRE Group?

    The current market capitalization of Shanghai REFIRE Group is $54.7M.

  • What is Shanghai REFIRE Group’s current revenue?

    The trailing twelve month revenue for Shanghai REFIRE Group is $84.8M.

  • What is Shanghai REFIRE Group’s annual earnings per share (EPS)?

    Shanghai REFIRE Group’s EPS for 12 months was -$0.87.

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