Fundraising Plan - The company plans to raise a total of 300 million yuan, with the net proceeds intended for specific projects after deducting issuance costs [1] - The main project is the construction of a 100,000-ton hydrocarbon-based biodiesel production facility, with a total investment of 380 million yuan and a construction period of two years [2][3] Project Necessity - The project aims to utilize waste oils, such as kitchen waste oil, to produce biodiesel, addressing environmental concerns and reducing reliance on limited petroleum resources [2][3] - The project aligns with national policies promoting the recycling of waste oils and the development of renewable energy sources [3][4] Project Feasibility - The project can flexibly adjust the output of HVO/SAF based on market demand, utilizing advanced biochemical technology for further processing [3][7] - The company has established a strong technical foundation and has been recognized as a national high-tech enterprise, with various research achievements in biodiesel technology [7][9] Market Outlook - The demand for HVO and SAF is expected to increase significantly due to global environmental concerns and regulations promoting the use of biofuels [7][8] - The company has developed extensive sales channels and partnerships in the international market, ensuring stable sales of its products [8][9] Technological and Talent Reserves - The company possesses a robust R&D team and has developed multiple patented technologies in biodiesel production, enhancing its competitive edge [8][9] - The company has built a comprehensive professional team in product development, production management, and quality control, ensuring the successful implementation of the fundraising project [9] Alignment with National Policies - The fundraising project aligns with national industrial policies that support the development of renewable energy and circular economy industries [9][10] - The project is categorized under strategic emerging industries, emphasizing its importance in the national energy strategy [9][10]