In September 2022, Zhejiang University and Hangzhou Oxygen Plant Group CO., LTD. (Hangyang) established the ZJU-HANGYANG Liquid Hydrogen Equipment Technology Joint Lab to meet the needs of national vital strategies and liquid hydrogen industrial development and contribute to the global energy science and technology development.

The lab is to take advantage of research resources at Zhejiang University, especially of hydrogen-related equipment research power at Hydrogen ZJU and Hangyang's broad industrial application of equipment at low temperatures. It will focus on technological innovations of liquid hydrogen equipment, especially crucial equipment at ultra-low temperatures. To fulfill its mission, the lab will adhere to its orientation of offering practical solutions to specific issues and emphasize technological breakthroughs and original innovations. At the same time, it will invest in human capital development, including providing platforms for graduate students from Zhejiang University and engineers from Hangyang to achieve their research and career objectives.