Core Viewpoint - Zhejiang Jiaao Environmental Protection Technology Co., Ltd. has received a bio-aviation fuel export license for its subsidiary, Lianyungang Jiaao New Energy Co., Ltd., allowing it to produce and export bio-aviation fuel, which is expected to enhance operational efficiency and market adaptability [1][2]. Group 1 - The subsidiary, Lianyungang Jiaao, is approved to produce 372,400 tons of bio-aviation fuel at full capacity for the year 2026 [1]. - The company can adjust its supply based on market price differences, optimizing benefits from the export license [1]. - Future production and sales will be arranged according to market changes and regulatory requirements, with a commitment to fulfill information disclosure obligations [1].

Core Viewpoint - The company, Lianyungang Jiaao New Energy Co., Ltd., a subsidiary of ST Jiaao, has received approval from the Ministry of Commerce of the People's Republic of China to apply for a 2026 export license for bio-jet fuel, allowing it to produce up to 372,400 tons of bio-jet fuel at full capacity in 2026 [1] Group 1 - The company is authorized to apply for a 2026 export license for bio-jet fuel [1] - The approved production capacity for bio-jet fuel in 2026 is 372,400 tons [1]

Core Viewpoint - ST Jiaao (603822.SH) announced that its subsidiary, Lianyungang Jiaao New Energy Co., Ltd., has received a response from the Ministry of Commerce of the People's Republic of China regarding the application for the 2026 bio-aviation fuel export license under the "white list" of enterprises [1] Group 1 - The Ministry of Commerce has approved Lianyungang Jiaao's capacity to produce bio-aviation fuel at full load of 372,400 tons in 2026 [1]

Core Viewpoint - ST Jiaao's subsidiary, Lianyungang Jiaao New Energy Co., Ltd., has received approval from the Ministry of Commerce of the People's Republic of China to apply for a 2026 export license for bio-jet fuel, with a production capacity of 372,400 tons [1] Group 1 - The company is now on the "white list" for bio-jet fuel exports, allowing it to apply for the export license within the approved production capacity [1] - The approval enables the company to flexibly allocate domestic and international resources and adjust supply based on market price differences, maximizing efficiency [1] - The company plans to arrange production and sales according to market changes and regulatory requirements while fulfilling information disclosure obligations [1]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 浙江嘉澳环保科技股份有限公司（以下简称"公司"）控股子公司连云港嘉 澳新能源有限公司于近日获悉中华人民共和国商务部办公厅关于生物航油出口 "白名单"企业申领 2026 年生物航油出口许可证的复函（商办贸函【2025】466 号），主要内容如下： 经核定，连云港嘉澳 2026 年满负荷可生产生物航油 37.24 万吨，允许其在 上述产能范围内申领 2026 年出口许可证。 证券代码：603822 股票简称：ST嘉澳 编号：2026-001 浙江嘉澳环保科技股份有限公司 关于控股子公司获得生物航油出口许可证的公告 公司获得生物航油出口许可证后，可灵活调配境内外资源，结合市场价差动 态调整供应量，实现效益最大化，对业务形成积极支撑。后续将依据市场变化及 监管要求安排产销，并履行信息披露义务。 特此公告。 浙江嘉澳环保科技股份有限公司董事会 1 2026 年 1 月 1 日 ...

Core Viewpoint - ST Jiaao (603822.SH) has received approval from the Ministry of Commerce of the People's Republic of China for its subsidiary Lianyungang Jiaao New Energy Co., Ltd. to apply for a 2026 export license for bio-jet fuel, allowing for production capacity of 372,400 tons [1] Group 1 - The company is permitted to produce bio-jet fuel at full capacity of 372,400 tons in 2026, which is a significant operational milestone [1] - With the export license for bio-jet fuel, the company can flexibly allocate domestic and international resources, adjusting supply based on market price differences to maximize benefits [1]

Core Viewpoint - The company, Zhejiang Jiaao Environmental Technology Co., Ltd., has decided to dissolve its subsidiary, Zhoushan Branch, to optimize resource allocation, reduce operational costs, and enhance overall operational efficiency [1][3]. Group 1: Company Announcement - The board of directors approved the dissolution of the Zhoushan Branch during the 25th meeting of the sixth board on December 29, 2025 [1][6]. - The dissolution does not constitute a related party transaction or a major asset restructuring, and therefore does not require shareholder approval [2][3]. Group 2: Details of the Subsidiary - The Zhoushan Branch was established on December 15, 2015, and its business scope included the refining of vegetable oils [1]. - The branch's operational address was located at 388 Desheng Road, Industrial Park, Zhoushan Town, Tongxiang City [1]. Group 3: Impact of the Dissolution - The dissolution is part of the company's overall business strategy and is expected to have no significant impact on the company's business development or profitability [3]. - The decision is not expected to adversely affect the consolidated financial statements or the interests of shareholders, particularly minority shareholders [3].

Core Insights - The SAF production facility in Lianyungang, supported by Honeywell and Jiaao Environmental, has achieved large-scale production, processing 10,000 barrels daily, equating to an annual capacity of approximately 500,000 tons, marking a significant step towards commercial operation in China's SAF industry [1] - The project is seen as a pivotal element in the intersection of policy and market opportunities, reshaping China's green aviation energy landscape and positioning "Made in China" within the global green energy supply chain [1] Market Dynamics - The global aviation industry faces unprecedented carbon reduction pressures, with SAF being the most viable decarbonization pathway, potentially reducing lifecycle carbon emissions by up to 80% compared to traditional jet fuel [2] - In Europe, the demand for SAF is expected to surge due to regulatory drivers, with a projected consumption of 1.9 million tons by 2025, while domestic production capacity is only around 1 million tons, leading to a significant supply gap [2] - The International Air Transport Association forecasts that global SAF production could reach 2 million tons by 2025, representing only 0.7% of total fuel consumption, indicating substantial market potential [2] - The limited supply of SAF in the U.S. due to trade policies is shifting global buyers' focus towards Asia-Pacific production capabilities, presenting historic opportunities for Chinese SAF exports [2] Domestic Support and Infrastructure - China is establishing a comprehensive support system for the SAF industry, with top-level design and legal frameworks such as the Energy Law and Renewable Energy Law laying the groundwork for bio-liquid fuel development [3] - The People's Bank of China and other departments have included SAF in the 2025 Green Finance Support Project Directory, facilitating access to green loans and bonds to alleviate financing challenges [3] - Local governments are actively building industrial ecosystems, exemplified by Chengdu's establishment of a dedicated SAF industrial park and the introduction of supportive policies with over 100 million yuan investment planned over three years [3] Industry Growth Projections - The combination of policy and market forces is propelling the Chinese SAF industry into a rapid growth phase, with predictions of nearly tenfold market growth over the next five years, potentially reaching a market size in the trillions [4] Strategic Collaborations - The partnership between Honeywell and Jiaao Environmental aims to create a complete commercial loop from technology to product, utilizing Honeywell's Ecofining technology to efficiently convert waste oils into high-quality SAF [5] - Jiaao Environmental has established itself as a leader in SAF production with a designed capacity of 372,400 tons per year, leveraging its expertise in biomass energy [5] Market Expansion and Achievements - Jiaao Environmental has made significant strides in 2025, obtaining necessary approvals for domestic sales and becoming the first company on China's bio-jet fuel export list, exporting approximately 13,400 tons to Rotterdam [6] - Strategic investments from major players like BP and China National Aviation Fuel have solidified Jiaao's market position and distribution channels [6] Future Directions - The focus for the SAF industry will be on continuous cost reduction, with efforts to narrow the cost gap with traditional jet fuel through technological advancements and financial support [7] - Diversification of raw materials is essential to mitigate supply risks, with potential future developments in utilizing agricultural waste and synthetic fuels from green hydrogen and carbon dioxide [7] - Companies may explore advanced SAF production technologies and integrate carbon capture and utilization to develop "negative carbon" fuels as a future direction [7]

本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 一、董事会会议召开情况 浙江嘉澳环保科技股份有限公司（以下简称"公司"）第六届董事会第二十 五次会议于 2025 年 12 月 29 日在公司会议室以现场会议与通讯会议相结合的方 式召开，本次会议由董事长沈健先生召集和主持，会议应出席董事 8 人，实际出 席董事 8 人（其中以通讯表决方式出席会议的人数为 4 人），公司部分高级管理 人员列席了本次会议。公司第六届董事会第二十五次会议通知和材料已于 2025 年 12 月 24 日以电子邮件、传真及电话通知等方式向全体董事送达。会议的召集、 召开及表决程序符合《中华人民共和国公司法》和《公司章程》的有关规定，会 议形成的决议合法、有效。 证券代码：603822 股票简称：ST嘉澳 编号：2025-072 浙江嘉澳环保科技股份有限公司 第六届董事会第二十五次会议决议公告 二、董事会会议审议情况 （一）审议通过《关于注销洲泉分公司的议案》 表决结果为：同意票 8 票，反对票 0 票，弃权票 0 票。 具体内容详见上海证券交易所网 ...

证券代码：603822 股票简称：ST嘉澳 编号：2025-073 浙江嘉澳环保科技股份有限公司 关于注销洲泉分公司的公告 4、经营场所：桐乡市洲泉镇工业园区德胜路 388 号 5、负责人：王艳涛 6、成立日期：2015 年 12 月 15 日 7、营业期限：2015 年 12 月 15 日至长期 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 根据浙江嘉澳环保科技股份有限公司（以下简称"公司"）整体经营规划， 为进一步整合及优化公司资源配置，降低经营成本，提升整体运营效率，公司于 2025 年 12 月 29 日召开第六届董事会第二十五次会议，审议通过了《关于注销 洲泉分公司的议案》，公司拟注销浙江嘉澳环保科技股份有限公司洲泉分公司， 并授权管理层办理本次分公司注销相关事宜。 根据《公司法》、《上海证券交易所股票上市规则》、《公司章程》等相关 规定，本次注销分公司事项在董事会审批权限范围之内，无需提交公司股东大会 审议。本次注销事项不构成关联交易，也不构成《上市公司重大资产重组管理办 法》规定的重大资产重组。具体情况如 ...