建龙微纳战略转型加速，机构调研关注SAF催化剂与CCUS进展

Core Viewpoint - Company is transforming into a comprehensive technology service provider through the acquisition of a 40% stake in Hanxing Energy, while making progress in sustainable aviation fuel catalysts and carbon dioxide capture [1][2][4]. Recent Events - On December 23, 2025, the company announced its wholly-owned subsidiary's plan to acquire 40% of Hanxing Energy for 200 million yuan, aiming to integrate molecular sieve materials and process engineering capabilities [2]. - On February 9, 2026, during an investor survey, the company emphasized that this move is part of a long-term strategic layout to enhance its "materials + processes + equipment" full-chain solution capabilities [2]. Company Structure and Governance - On February 6, 2026, the company held its 17th meeting of the fourth board of directors, reviewing documents related to governance and funding arrangements, including a proposal to provide guarantees for its wholly-owned subsidiary [3]. Institutional Research - On January 23, 2026, the company was surveyed by multiple institutions, revealing advancements in sustainable aviation fuel catalysts and carbon capture utilization and storage (CCUS) [4]. - The company stated that the SAF market has broad prospects, with its specialized molecular sieve catalysts having completed downstream side-line testing, and CCUS being a key new direction under the "dual carbon" goals [4]. Financial Movements - As of February 2, 2026, the company's financing balance was 134 million yuan, accounting for 3.95% of its circulating market value, at a near one-year high; on the same day, net financing sold out was 627,600 yuan, with a stock price drop of 2.40% [5]. - The company's Q3 2025 report showed revenue of 590 million yuan for the first three quarters (up 4.34% year-on-year) and a net profit attributable to shareholders of 72.73 million yuan (up 20.15% year-on-year) [5]. - Recent shareholder changes include a reduction of 892,100 shares announced on January 5, 2026, and three institutions have given buy ratings in the last 90 days [5].