On September 23rd, the Opening Ceremony of the 19th Asian Games was held in Hangzhou. The main torch was lit using methanol, making it the world's first-ever zero-carbon methanol torch fuel, developed by Geely Holding Group.

Hangzhou Asian Games embrace "Green, Intellectual,  Frugal, and Civilized" principles, promoting the green spirit of the Asian Games worldwide. Innovative use of zero carbon methanol fuel in the ceremonial torch, a global initiated, supports the first carbon-neutral Asian Games ever, showcasing Hangzhou's innovation and commitment to sustainable development.

Methanol, globally recognized as a new clean renewable energy source, offers safety, efficiency, clean emissions, and easy transport and use. It's often referred to as "liquid hydrogen" and is widely used worldwide. The zero carbon methanol used in the Hangzhou Asian Games is produced and provided by Geely Holding Group, with each ton of zero carbon methanol production absorbing 1.375 tons of CO2, achieving CO2 resource utilization and waste carbon recycling. Zero carbon methanol, as the main torch fuel, boasts several advantages: environmental friendliness, safety, reliability even in extreme weather, a bright and stable flame, and cost-effectiveness.

As the transport vehicle of the methanol for Hangzhou's 19th Asian Games main torch, Farizon's methanol trucks use the same fuel source as the main torch, demonstrating a closed-loop system for methanol energy production, distribution, and vehicle application. Compared to traditional diesel trucks, the methanol truck reduces fuel costs by 18%-32%, significantly lowering transportation expenses. Farizon New Energy Commercial Vehicle Group is currently the only domestic enterprise offering methanol heavy trucks, light trucks, small trucks, and buses. These products are now fully industrialized, with proven economic viability, environmental friendliness, applicability, and reliability, placing their technological maturity and deployment scale at an international leading level.

By planning the entire industry chain,  Farizon aims to comprehensively establish a methanol and hydrogen ecosystem and a methanol economy. It strategically positions itself in methanol and hydrogen eco-technology. Through integrated design involving methanol, vehicles, cargo, stations, and finance, Farizon is building a diversified green methanol transport ecosystem, facilitating the rapid promotion and application of methanol commercial vehicles, and creating a trillion-dollar-value green ecological industry chain.

In the future, Farizon will continue to focus on the construction of the methanol and hydrogen ecosystem, actively promoting the widespread use of methanol commercial vehicles and green methanol to contribute to national energy security and the achievement of "dual carbon" goals.