Haixin Energy-Tech(SZ:300072)2023-04-19 10:14Group 1: Production and Capacity - The planned production of high-congealing biodiesel for 2023 is 18,000 tons, with 5,000 tons to be processed through outsourcing [1] - In 2022, the biodiesel production was 140,000 tons, with 103,000 tons produced in Shandong [2] - The current feedstock input rate is 30 tons per hour, with a production target of 180,000 tons for the year [2] Group 2: Financial Performance - The accounts receivable for Q1 2023 amounted to over 1.2 billion [3] - The estimated positive impact on profit from the transfer of four subsidiaries is approximately 53.58 million [3] - The company has received 800 million from the transfer of shares in Sanju Green Energy [5] Group 3: Market and Strategic Initiatives - The company is actively seeking to expand domestic raw material sources and improve overseas marketing systems [4] - There are no current plans for large-scale industrial production of SAF (Sustainable Aviation Fuel) this year [4] - The company maintains a cooperative relationship with Heibei Huashi and is not a 100% shareholder [4] Group 4: Challenges and Future Outlook - The company is currently experiencing a transformation period, with stock prices affected by various macroeconomic and industry factors [4] - The biodiesel production capacity is in a ramp-up phase, leading to higher average costs and lower gross margins [6] - The company is focused on optimizing assets and improving operational efficiency to restore investor confidence [5]