JAHB(SH:603822) Zheng Quan Ri Bao Wang·2025-07-25 13:15Group 1 - Zhejiang Jiaao Environmental Technology Co., Ltd. announced a capital increase and share expansion for its subsidiary Lianyungang Jiaao New Energy Co., Ltd., with China Aviation Oil Group investing 261 million yuan for a 10% stake [1] - After the capital increase, Lianyungang Jiaao's registered capital will rise from 2.353 billion yuan to 2.614 billion yuan, while Jiaao Environmental will maintain its controlling stake [1] - In May 2025, Lianyungang Jiaao is expected to produce 372,400 tons of bio-jet fuel at full capacity, having received approval for export licenses [1] Group 2 - Lianyungang Jiaao successfully achieved its first market sale of bio-jet fuel, amounting to approximately 13,400 tons, marking a significant milestone in the commercialization of bio-jet fuel [2] - The successful sale indicates a breakthrough from technology development to industrial application, enhancing the company's competitiveness in the biofuel sector [2] - Bio-jet fuel, a type of sustainable aviation fuel (SAF), is produced from biomass and has the potential to significantly reduce carbon emissions compared to traditional aviation fuel [2] Group 3 - The global aviation industry is accelerating its transition to "net-zero emissions," with clear policy support for SAF in China [3] - The 2024-2025 Energy Conservation and Carbon Reduction Action Plan emphasizes the promotion of advanced bio-liquid fuels and sustainable aviation fuels [3] - Sustainable aviation fuel is seen as a core technology for the aviation industry's green transition and aligns with sustainable development goals by utilizing waste materials [3]