CITIC Securities: Suggest focusing on investment and operation companies of green fuel projects such as green hydrogen and alcohol.

According to a research report from CITIC Securities, the National Energy Administration recently organized a special symposium on the development of the green fuel industry. The meeting pointed out the three strategic goals of green fuel in ensuring energy security, reducing carbon emissions, and promoting the non-electric utilization and consumption of new energy. At the same time, five requirements were put forward to promote the healthy development of the industry, emphasizing the need for systematic planning, pilot projects, innovation leadership, environmental optimization, and adherence to demand-driven development. CITIC Securities believes that this symposium marks a shift in the green fuel industry from decentralized exploration and spontaneous behavior by companies to entering a track of top-level design and systematic promotion at the national level, with the potential for the industry to scale up. It is recommended to pay attention to investments in operators of green fuel projects such as green hydrogen and alcohol.