On July 29, 2025, the seminar "Seize the Opportunity and Expand into Indonesia" jointly hosted by DBS Bank and EY China was successfully held in Shanghai. 

As a strategic participant in the hydrogen energy field, United Hydrogen Group （UHG） was invited to attend. It discussed investment opportunities in the Indonesian market with the Indonesia Investment Authority (INA), financial institutions, industry experts, and enterprise representatives, and focused on the key role of hydrogen energy in Indonesia's energy transition.

The next day, senior executives of UHG held a one - on - one exclusive meeting with Andry Setiawan, the Chief Investment Officer of the INA. They conducted in - depth exchanges on the development plan, investment cooperation, and technology implementation of the hydrogen energy industry in Indonesia, laying a solid foundation for subsequent strategic cooperation. Focusing on hydrogen energy infrastructure and capital empowerment, Andry Setiawan, the Chief Investment Officer of INA, said, "Hydrogen energy is a core part of Indonesia's energy self - sufficiency strategy. We look forward to cooperating with partners like UHG, which has full - industrial - chain experience, to accelerate the commercialization of projects."

The Hydrogen Energy Market in Indonesia: The Next Growth Pole in Southeast Asia

As the fourth - most populous country in the world and a member of the G20, Indonesia is accelerating the transformation of its energy structure, aiming to achieve "net - zero emissions" by 2060. Its abundant renewable energy sources (geothermal, photovoltaic, hydropower) and nickel ore resources (it is the world's largest nickel producer) provide unique conditions for the development of the green hydrogen and fuel cell industries.