Beijing Shougang LanzaTech Technology Co. is a company in the carbon capture, utilization and storage industry (CCUS industry), mainly focusing on producing low-carbon products including ethanol and microbial protein through carbon capture and utilization technologies and providing low-carbon integrated solutions. According to the report, the Group is the first company in the CCUS industry utilizing synthetic biotechnology that has been validated to achieve both commercialization and scalability of the production of low-carbon products.

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The Group’s ethanol can be used in automotive fuel, as well as raw materials for the production of perfumes, sports fashion, cleaning agents, packaging materials and other products, its microbial protein is China’s first novel feed protein raw material, which also received the first new product certificate for feed and feed additives under the category of Feed Raw Material ever issued by the Ministry of Agriculture and Rural Affairs of the PRC.

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The Group’s primary revenue is derived from the sale of ethanol and microbial protein, as well as by-products such as biogas and crude alcohol. The Group’s ethanol products were sold directly to major domestic oil and gas companies and through distributors in both PRC and overseas. Microbial protein products were sold through a mix of direct sales and distribution to livestock feed manufacturers.

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As of May 16, 2026, the Group operated four production facilities across three provinces in the PRC: Hebei Shoulang Phase I production facility, Shoulang Jiyuan production facility, Ningxia Binze production facility and Guizhou Jinze production facility. Each of these production facilities produces both ethanol and microbial protein and they have a total annual production capacity of 210,000 tons of ethanol and 23,200 tons of microbial protein.