InterChina Partners, a leading investment banking advisory firm based in China, is pleased to announce that it has successfully completed a capital increase for FORVIA Hydrogen Solutions China, its hydrogen-focused subsidiary in China, with investment amount of RMB 300 million (≈ €40 million). The strategic investor is Sinopec Capital through its subsidiary Chaoyang Hydrogen New Energy Venture Capital Fund. InterChina served as exclusive financial advisor for FORVIA Hydrogen Solutions, and transaction is expected to be completed in Q1 2026.
About FORVIA
FORVIA is a global leading automotive technology group focused on sustainable mobility, with operations spanning clean mobility, cockpit electronics, intelligent interiors, and sustainable materials. The Group provides innovative solutions to OEMs worldwide. FORVIA places strong strategic emphasis on hydrogen as a key pillar of future sustainable mobility, and its hydrogen business, Forvia Hydrogen, is dedicated to hydrogen storage systems and solutions, having established leading technological and product capabilities across multiple global markets.
About Sinopec Capital
Sinopec Capital is the industrial investment platform of China Petroleum & Chemical Corporation (Sinopec), undertaking strategic investments aligned with the Group’s industrial footprint and emerging industry initiatives. Since 2020, Sinopec has identified the full hydrogen value chain as a core pillar of its new energy strategy, with the objective of building “China’s No.1 hydrogen company.” This investment in Forvia Hydrogen through the Chaoyang Hydrogen New Energy Venture Capital Fund represents a key strategic deployment by Sinopec Capital in the hydrogen sector.
InterChina Transaction Team
The transaction team includes Managing Partner Eduardo Morcillo, Partner Delia Zhang and Associate Xinyi Shi.
Management Commentary
Ma Chuan, Member of FORVIA’s Executive Committee, Executive Vice President, Faurecia China President, commented: “This partnership will accelerate FHS China’s access to public and private markets, improve cost competitiveness, to be leader in hydrogen solutions worldwide and consolidate FORVIA’s position as a key player in China’s energy transition.”
“China is at the forefront of the global energy transition, and hydrogen is a key enabler of sustainable mobility. Partnering with Sinopec Capital, a leader in the hydrogen value chain, will strengthen our ability to deliver innovative solutions for the Chinese market.” underlined Sébastien Limousin, Executive Vice President Forvia Clean Mobility.
Eduardo Morcillo, Managing Partner of InterChina, commented: “We are honored to have advised FORVIA in completing this landmark strategic financing. The introduction of Sinopec Capital—one of the core participants in China’s hydrogen industry value chain—not only significantly strengthens Forvia Hydrogen’s industrial synergies and access to strategic resources in the Chinese market, but also lays a solid foundation for its long-term development within China’s hydrogen ecosystem. This partnership exemplifies the deep collaboration between leading international technology platforms and top-tier Chinese industrial player, and sets a benchmark for the high-quality development of China’s hydrogen industry.”
InterChina served as exclusive financial advisor to FORVIA throughout the transaction, including identification of potential partners, deal structure, negotiation support, key terms (Term Sheet) and definitive agreements, and overall transaction process management.
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