Jiaze New Energy: Currently, the company has no overseas investments or factory constructions.

Everyday AI Express, an investor asked on the investor interaction platform: Dear Secretary, hello. Does the company currently have any overseas investments or factory constructions related to energy storage, hydrogen energy, etc.? Under the current volatile situation, what adjustments have been made to the company’s product strategy?

Jiaze New Energy (601619.SH) stated on the investor interaction platform on April 8 that, to date, the company has no overseas investments or factory constructions. The company disclosed on December 15, 2025, on the Shanghai Stock Exchange website and in the “China Securities Journal,” “Shanghai Securities News,” “Securities Times,” and “Securities Daily” the “Announcement of Jiaze New Energy Co., Ltd. on Investment and Construction of a 300k-ton Green Hydrogen and Alcohol-based Chemical Co-production Project in Jixi City, Heilongjiang Province” . The company’s Heilongjiang Province Jixi City Jidong County 300k-ton green hydrogen and alcohol-based chemical co-production project has a planned total investment of approximately 3,556.6038 million yuan (final investment based on actual project construction). The company will allocate funds in phases according to the project’s progress. The project uses biomass straw, corn cobs, and other raw materials, employing mature enzymatic fermentation and gasification synthesis processes to produce green ethanol and green methanol. The company plans to begin civil construction shortly, aiming to complete all civil works and equipment installation by October 2027, enter commissioning and operation, and start production by the end of 2027.

(Reporter Zhang Mingshuang)

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