证券日报网讯2月26日，鹏鹞环保（300664）在互动平台回答投资者提问时表示，目前公司正全力推进 盘锦项目技改升级的收尾工作。待软硬件条件准备就绪后，将分步骤安排开机，并分阶段实现低凝 HVO(加氢植物油)及SAF(可持续航空燃料)的投产。同时，公司将结合对市场需求、产品供需关系及价 格的动态研判，审慎规划产能投放节奏，灵活调整开机时间节点。 ...

（文章来源：证券日报） 证券日报网讯 2月12日，鹏鹞环保在互动平台回答投资者提问时表示，公司2026年2月10日合并普通账 户和融资融券信用账户持有人数为32720户。 ...

Core Viewpoint - The biodiesel sector experienced a decline of 1.1% on February 10, with Fengbei Bio leading the drop. The Shanghai Composite Index rose by 0.13%, while the Shenzhen Component Index increased by 0.02% [1]. Group 1: Market Performance - The closing price of Fengbei Bio was 56.75, reflecting a decrease of 3.21% [1]. - The biodiesel sector saw a net outflow of 56.84 million yuan from main funds, while retail investors contributed a net inflow of 46.01 million yuan [1]. - The trading volume for the biodiesel sector was significant, with stocks like Zhongliang Technology and Haixin Energy showing notable trading activity [1]. Group 2: Individual Stock Analysis - Zhongliang Technology closed at 6.43, down by 0.77%, with a trading volume of 217,100 shares [1]. - Fengbei Bio had a net outflow of 8.37 million yuan from main funds, while retail investors contributed a net inflow of 5.62 million yuan [2]. - The stock of Zhuoyue New Energy closed at 76.28, down by 1.56%, with a significant net outflow of 19.20 million yuan from main funds [2].

证券日报网讯2月3日，鹏鹞环保（300664）在互动平台回答投资者提问时表示，公司2026年1月30日合 并普通账户和融资融券信用账户持有人数为32600户。 ...

Investment Rating - The industry is rated as "Outperform the Market - A" [4] Core Insights - The price increase of dyes has been realized, and attention should be paid to changes in the SAF (Sustainable Aviation Fuel) industry chain [1][12] - The supply of key intermediate H acid is under pressure due to environmental and safety production constraints, leading to a significant cost increase for active dyes [2][3] - The industry is experiencing a dual transformation in cost and market structure, with a focus on the concentration of market share among leading companies due to stricter environmental regulations [10][9] Summary by Sections Key Intermediate Supply and Price Dynamics - H acid, essential for producing active dyes, faces supply constraints due to environmental pressures and production incidents, leading to a projected price increase that could raise active dye production costs significantly [2][3] - The effective capacity of H acid is currently below 60,000 tons, with a potential reduction of over 25% due to maintenance shutdowns, reinforcing cost support expectations for active dyes [2] Market Structure and Environmental Regulations - The dye industry is undergoing a consolidation phase, with many non-compliant small manufacturers exiting the market, leading to a more oligopolistic structure [3][10] - The active dye market's CR4 (concentration ratio) is 64.91%, while the dispersed dye market's CR4 is 70.69%, indicating a significant level of market concentration [10] Investment Opportunities - Companies to watch include Runtao Co., Zhejiang Longsheng, Jinji Co., Jihua Group, Yabang Co., Annuoqi, Fulei Ant, Wanfeng Co., and Haixiang Pharmaceutical, which are positioned to benefit from the evolving market dynamics [11] - The SAF sector is also highlighted for potential growth, with expected increases in demand driven by regulatory changes and market dynamics [12][14]

Core Viewpoint - The company is focusing on the development of Sustainable Aviation Fuel (SAF) to replace traditional fossil aviation fuel and reduce carbon emissions, primarily in the commercial aviation sector [1] Group 1: Company Developments - The company is accelerating the completion of technical upgrades for the Panjin project [1] - Future capacity deployment will be cautiously planned based on supply-demand analysis and pricing assessments [1] - The company will initiate operations once both hardware and software conditions are met [1]

Group 1 - The core point of the article is that Pengyao Environmental Protection announced the release of part of its shares from pledge by its controlling shareholder, Yixing Pengyao Investment Co., Ltd. [2] - A total of 4.14 million shares were released from pledge, which represents 1.91% of the controlling shareholder's holdings and 0.55% of the company's total share capital [2]

Core Viewpoint - The company, Pengyao Environmental Protection, confirmed that there are no undisclosed cooperation projects or intentions with Weili, and it is focusing on clean energy applications through its own distributed photovoltaic power generation projects [1] Group 1: Company Information - Pengyao Environmental Protection has invested in and constructed several distributed photovoltaic power generation projects [1] - The company is not collaborating with Weili in the clean energy sector [1] - The company will continue to monitor quality cooperation opportunities and development prospects in the industry [1] Group 2: Disclosure and Compliance - The company stated that it will fulfill its information disclosure obligations if there are any cooperation matters or project situations that need to be disclosed in the future [1] - The company is currently unclear about the specifics of the "new energy power generation phase one project" mentioned by investors [1]

二、股东股份累计被质押的情况 证券代码：300664 证券简称：鹏鹞环保 公告编号：2026-001 鹏鹞环保股份有限公司 关于控股股东部分股份解除质押的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有 虚假记载、误导性陈述或重大遗漏。 鹏鹞环保股份有限公司（以下简称"公司"）近日接到控股股东宜兴鹏鹞投资 有限公司（以下简称"鹏鹞投资"）通知，获悉其办理了部分股份解除质押手续， 具体如下： 1、鹏鹞投资及其一致行动人不存在非经营性资金占用、违规担保等侵害上市公 司利益的情形。 2、鹏鹞投资目前资信状况良好，质押风险在可控范围之内，不存在引发平仓风 险或被强制平仓的情形。 3、公司将持续关注其质押情况及质押风险情况，并严格遵守相关规定及时履行 信息披露义务，敬请投资者注意投资风险。 四、备查文件 截至公告披露日，上述股东及其一致行动人所持质押股份情况如下： | | | | 累计 | 占其 | 占公司 | 已质押股份情况 | | 未质押股份情况 | | | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | | 股东 | | ...

Core Viewpoint - Recent rumors suggested that the National Space Administration's Commercial Space Division would fully acquire Pengyao Environmental (300664.SZ) to obtain aviation fuel that the company is set to produce in large quantities. However, Pengyao Environmental has clarified that this information is entirely unfounded and false [2]. Group 1 - The company responded to inquiries on its interactive platform, stating that the rumors regarding the acquisition are based on false premises [4]. - The company reiterated that the claims about the National Space Administration's acquisition intentions are untrue and have been previously clarified [5].