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研報掘金丨華源證券:嘉澤新能進軍綠色燃料打開增長空間,維持“買入”評級
格隆匯 07-29 14:43
華源證券研報指出,嘉澤新能為小而美風電運營商,進軍綠色燃料打開增長空間。向大股東定向募集接近尾聲,定增完成後實控人及其一致行動人持股比例將提升至44.3%。與寧夏嘉澤集團共同進軍綠色化工類業務,有望大幅打開公司增長空間。在當前歐盟碳減排持續推進的背景下,國際海運市場對綠色燃料需求增加,以綠色甲醇等為代表的綠色燃料需求強勁,根據ABS預測,至2050年航運業傳統化石燃料市場份額將減少到15%,而綠色甲醇的使用率將逐步上升至42%,而在航空業淨零碳排放路徑貢獻中,根據IATA預測,可持續航煤(SAF)作為核心減排方式,到2050年將承擔航空業65%以上的減排貢獻,未來綠色燃料需求廣闊;另一方面,黑龍江作為傳統農業大省,生物秸杆資源豐富,同時平均氣温低,對生物發酵來説具有優勢。考慮到公司未來成長性,繼續維持“買入”評級。
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