Core Insights - Green Carbon Synthesis Energy (GCE) has completed nearly 100 million yuan in Pre-A financing, led by Rongtuo Capital, to support the construction of its first self-operated factory and daily operational cash flow [2] - GCE focuses on producing sustainable aviation fuel (SAF) from agricultural and urban waste using self-developed Fischer-Tropsch synthesis technology [2][8] - The company aims to achieve an annual SAF production capacity of several thousand tons upon the completion of its factory [11] Company Overview - GCE was established in July 2023, with a team comprising members from top international nano-catalysis laboratories and leading domestic energy enterprises [2] - The founder, Dr. Xiao Lifeng, has a background in advanced nano-catalysis research and aims to leverage this expertise in the SAF market [2][9] Technology and Production - GCE has validated its core technology for SAF production and is currently constructing its first self-operated factory [2][11] - The company has optimized traditional Fischer-Tropsch technology, achieving a production yield 1.5 to 2 times higher than competitors [10] - The factory's location in Inner Mongolia allows for the utilization of abundant agricultural waste, further reducing production costs [11] Market Context - The global SAF market is projected to reach around 100 billion yuan by 2025, with current demand outpacing supply [11] - GCE's technology is positioned to address the supply-demand gap in the SAF market, especially as China initiates SAF application trials [11] Investment Perspective - Investors view GCE as a key player in the SAF sector, with its innovative catalyst technology and cost-effective biomass synthesis solutions [13][14] - The company is expected to lead the SAF technology innovation and contribute to global carbon reduction goals [13][14]