建龙微纳：公司不直接从事SAF燃料生产

Core Viewpoint - The company is focusing on the sustainable aviation fuel (SAF) sector, particularly in developing key catalytic materials for the production process, indicating a strategic shift towards market-driven growth in the SAF industry [2]. Group 1: Company Positioning in SAF - The company is primarily engaged in the core catalytic materials segment of the SAF field, specifically developing molecular sieve catalysts needed for the isomerization and de-waxing processes in SAF production [2]. - The company has completed the development and reserve of various molecular sieve materials, with catalysts performing well in long-term industrial tests, meeting development expectations [2]. - The company does not directly produce SAF fuel but aims to provide high-performance, import-substitutable catalytic materials to SAF producers and related technology firms [2]. Group 2: Strategic Outlook - The company believes that the SAF industry is at a critical stage transitioning from policy-driven initiatives to market implementation, with ongoing improvements in industry conditions [2]. - The company plans to increase its research and development investment in renewable resources, leveraging its core advantages in molecular sieve material development and large-scale production to promote the industrial application of products in SAF and other clean energy sectors [2].