Jiaze Xinneng announced on December 14 that according to the “Jixi Green Hydrogenol Aviation Fuel Chemical Co-Production Project Investment Contract” signed between Shanghai Jiayi Rongyuan Energy & Chemical Co., Ltd., the company's holding subsidiary, and the Jixi Municipal People's Government, Heilongjiang Jiayi Rongyuan Green Chemical Co., Ltd., a wholly-owned subsidiary of Shanghai Jiayi Rongyuan, plans to raise funds through private ownership and financing from financial institutions to invest in the construction of a 300,000 ton green hydrogenol aviation oil chemical co-production project in Jidong County, Jixi City, Heilongjiang Province. The company will invest funds in installments according to the progress of the project.

Jiaze Xinneng announced on December 14 that according to the “Jixi Green Hydrogenol Aviation Fuel Chemical Co-Production Project Investment Contract” signed between Shanghai Jiayi Rongyuan Energy & Chemical Co., Ltd., the company's holding subsidiary, and the Jixi Municipal People's Government, Heilongjiang Jiayi Rongyuan Green Chemical Co., Ltd., a wholly-owned subsidiary of Shanghai Jiayi Rongyuan, plans to raise funds through private ownership and financing from financial institutions to invest in the construction of a 300,000 ton green hydrogenol aviation oil chemical co-production project in Jidong County, Jixi City, Heilongjiang Province. The company will invest funds in installments according to the progress of the project.