海新能科获生物航煤出口资质，抢占SAF高景气赛道获资机构聚焦

Core Viewpoint - Company has made significant progress in the bio-jet fuel (SAF) sector, obtaining export qualifications and enhancing its international competitiveness, which is expected to positively impact its business development [1][3][5]. Group 1: Export Qualification and Production Capacity - The company’s subsidiary, Shandong Sanju Bioenergy Co., has received approval for bio-jet fuel export with a certified capacity of 158,000 tons, which will help expand its overseas market presence [1][2]. - The company has established a stable operation for its 200,000 tons/year biodiesel isomerization project, producing approximately 160,000 tons of bio-jet fuel annually, with a full production schedule for Q4 [2][5]. Group 2: Market Trends and Future Demand - The SAF market is expected to grow significantly, with China's SAF demand projected to reach about 3 million tons by 2030, and global demand expected to rise to 18 million tons by 2030 and 350 million tons by 2050 [5][6]. - The company is well-positioned in the SAF market due to its early compliance with regulatory requirements and its status as one of the few companies on the bio-jet fuel export "white list" [3][4]. Group 3: Financial Performance and Cost Management - The company has improved its operational management and reduced processing costs, enhancing its cost competitiveness for export products [6][7]. - Recent trends indicate a rise in SAF prices due to mandatory blending policies and increasing raw material costs, suggesting a favorable market environment for the company [7][9]. Group 4: Corporate Structure and Strategic Support - The company has undergone a change in its indirect controlling shareholder, which is expected to optimize management efficiency and enhance support for its operations [10][12]. - The new shareholder structure aims to facilitate the sustainable development of the company and strengthen its position in the bio-energy sector [10][12].