[Stock in Focus] Doosan Fuel Cell Hits 52-Week High on Hydrogen Policy Expectations

Doosan Fuel Cell saw a strong early rally on August 14. The surge in investor sentiment appears to be driven by expectations that the government may adopt hydrogen energy as a national policy priority.

As of 9:19 a.m. on this day, Doosan Fuel Cell was trading at 25,750 won, up 900 won (3.62%) from the previous session. During intraday trading, the stock climbed as high as 25,950 won, setting a new 52-week high.

This momentum seems to be fueled by reports that the government will pursue the establishment of a "clean hydrogen full-cycle ecosystem" as a national policy initiative.

The previous day, the Presidential Commission on National Policy Planning unveiled a five-year blueprint for national governance.

The plan includes reorganizing the country into five major regions and three special self-governing cities, aiming to move beyond the current Seoul metropolitan area-centric system. For Gangwon Province, the government identified bioindustry, hydrogen energy, and advanced industries based on artificial intelligence as region-specific future growth sectors.

Additionally, the blueprint outlines a strategy for Jeollanam-do to overcome the petrochemical crisis by transitioning to a "microgrid industrial complex" based on renewable energy and establishing a "clean hydrogen energy industrial belt."

Doosan Fuel Cell is a company that develops eco-friendly, high-efficiency fuel cells for power generation using hydrogen. Recently, the company jointly developed a hydrogen fuel cell model utilizing biogas in partnership with Korea Western Power.