JAHB(SH:603822) Zheng Quan Shi Bao Wang·2025-07-25 11:11Core Viewpoint - China Aviation Oil plans to strategically invest in Jiangsu Jiaao Environmental Protection's subsidiary, Lianyungang Jiaao New Energy, which will enhance the subsidiary's capital strength and support new project development, aligning with the company's strategic planning and long-term interests [1] Company Summary - Jiangsu Jiaao Environmental Protection is a leading domestic company in biodiesel and sustainable aviation fuel (SAF), having obtained certifications from the EU for its biodiesel products and approvals for its aviation fuel [2] - The company has been recognized as the first domestic enterprise included in the biodiesel export whitelist, allowing it to apply for export permits for its production capacity of 372,400 tons of SAF [3] Industry Summary - The global push for carbon neutrality and stricter environmental policies are creating significant opportunities for the biodiesel and SAF industries, supported by a series of encouraging policies from the Chinese government [2] - The Chinese government has established a clear policy framework to support the development of SAF, with pilot projects initiated at major airports and plans to expand by 2025 [3] - International giants are entering the Chinese SAF market, recognizing the strategic advantages of companies like Jiangsu Jiaao, which has built a unique closed-loop capability in raw materials, technology, certification, and distribution channels [3]