SHOUGANG LANZA surged 82% in Hong Kong’s grey market trading.

As detailed in its prospectus, Shougang Lanza operates in the carbon capture, utilization, and storage (CCUS) sector. It primarily focuses on producing low-carbon products like ethanol and microbial protein through carbon capture and utilization technologies, while also providing comprehensive low-carbon solutions. Since its establishment in 2011, the company has been deeply involved in the CCUS industry. According to data from Frost & Sullivan, Shougang Lanza is the first company in the CCUS sector to have commercialized and scaled up low-carbon product manufacturing using validated synthetic biology technology.