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Longyan Zhuoyue New Energy Co., Ltd.'s (SHSE:688196) Largest Shareholder, CEO Huodong Ye Sees Holdings Value Fall by 12% Following Recent Drop
Longyan Zhuoyue New Energy (688196.SH): It plans to raise funds of no more than 0.3 billion yuan for the annual production of 0.1 million tons of hydrocarbon-based biodiesel project.
Gelonghui December 5th | Longyan Zhuoyue New Energy (688196.SH) announced that it plans to issue stocks to raise a total amount of no more than RMB 0.3 billion, with the net proceeds of the fundraising to be invested in a project with an annual output of 0.1 million tons of hydrocarbon-based biodiesel after deducting the related issuance expenses.
gf sec: The scarce nature of SAF raw materials is enhanced, and companies that control the supply of raw materials may have dominance.
Companies that process food waste oils and those with refining technology will be the beneficiaries of this biodiesel upcycle.
longyan zhuoyue new energy (688196.SH): the company has no business in the United States.
Gelonghui December 2nd | Longyan Zhuoyue New Energy (688196.SH) stated on the investor interaction platform that the company has no business in the United States, and currently has no direct impact.
Debon Securities: Domestic policies intensively stimulate the release of SAF demand, and SAF prices in the external market rise.
The production of qualified SAF products by multiple companies and the acquisition of airworthiness certification may signify the continuous consolidation of the pilot promotion and application foundation of domestic bio-aviation fuel, confirming the overall accelerated development trend of the SAF industry in the country.
Market Might Still Lack Some Conviction On Longyan Zhuoyue New Energy Co., Ltd. (SHSE:688196) Even After 41% Share Price Boost