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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
Longyan Zhuoyue New Energy (688196.SH): With this policy adjustment, domestic biodiesel production enterprises will purchase raw materials at market prices on an equal basis with their foreign counterparts.
On November 20th, Gelonghui reported that longyan zhuoyue new energy (688196.SH) stated on the investor interaction platform that according to the Ministry of Finance and the State Administration of Taxation's 2024 No. 15 announcement "Announcement on Adjusting Export Tax Rebate Policies," the export tax rebate for chemically modified animal, plant, or microbial oils and fats will be canceled starting from December 1, 2024. This policy adjustment will allow domestic biodiesel producers to procure raw materials at market prices on an equal basis with their foreign counterparts, which is beneficial for the sustainable development of the biodiesel industry.
Market Cool On Longyan Zhuoyue New Energy Co., Ltd.'s (SHSE:688196) Earnings Pushing Shares 26% Lower
