According to the CITIC Securities Research Report, green liquid fuels, including green alcohol, green ammonia, and SAF, are one of the main drivers of decarbonization in the shipping, aviation, chemical and other fields. Benefiting from increased carbon taxes and continued cost reductions, they are entering the fast track of development. They are expected to experience nearly 10-fold growth over the next 5 years, with a long-term market space of trillion yuan. With the advantages of rich and inexpensive green power resources, complete equipment supply and downstream supporting systems, domestic manufacturers have accelerated the improvement of the green liquid fuel industry layout and business model, and achieved leapfrog development. It is recommended to focus on integrated manufacturers of green hydroammonia alcohol, as well as suppliers of core equipment such as electrolyzers.

According to the CITIC Securities Research Report, green liquid fuels, including green alcohol, green ammonia, and SAF, are one of the main drivers of decarbonization in the shipping, aviation, chemical and other fields. Benefiting from increased carbon taxes and continued cost reductions, they are entering the fast track of development. They are expected to experience nearly 10-fold growth over the next 5 years, with a long-term market space of trillion yuan. With the advantages of rich and inexpensive green power resources, complete equipment supply and downstream supporting systems, domestic manufacturers have accelerated the improvement of the green liquid fuel industry layout and business model, and achieved leapfrog development. It is recommended to focus on integrated manufacturers of green hydroammonia alcohol, as well as suppliers of core equipment such as electrolyzers.