（赵晓鹏，赵学红，赵云仙） 下一步，该公司将锚定年度建设目标，凝聚各专业与施工方合力，坚持安全、质量、进度同抓共管，及 时协调解决工程堵点难点，确保所有配网项目安全高效推进，为迎峰度冬电力可靠供应和电网坚强升级 奠定坚实基础。 近日，国网晋中供电分公司全面部署配网工程建设工作，围绕年度目标任务，发起最后攻坚。 此次部署聚焦施工组织、安全管控和质量管理三大关键环节，凝聚青年骨干力量，推动配网工程安全高 效推进。在施工组织方面，该公司要求各施工方紧盯关键节点，严格执行倒排工期计划，配齐配足施工 资源;项目中心建立每日跟踪、每周协调机制，实时掌握工程进展，及时解决建设过程中遇到的困难， 确保工程按计划推进。在安全管控环节，要求安监部门加大现场巡查力度，严查"十干"等安全措施落实 情况;针对跨越施工、近电作业等高风险环节实施重点监管，坚决杜绝盲目赶工行为;通过持续开展"四不 两直"安全督查，严格考核问责，确保施工现场安全可控。在质量管理方面，要求调控中心青年骨干统 筹优化停电计划，最大限度减少重复停电;运检部门提前介入工程环节，严把设备入场关和验收关，加 强技术监督与后续运维衔接，确保工程"零缺陷"投运。 ...

Core Viewpoint - The company is enhancing service standards and employee discipline through the implementation of the "Ten Prohibitions" and "Ten Commitments" to improve customer service quality and accountability [1][2] Group 1: Employee Training and Discipline - The company organized retraining for all service personnel to reinforce the "Ten Prohibitions," which outline unacceptable behaviors such as shirking responsibilities, poor attitude, and illegal charges [1] - A special inspection mechanism has been established to ensure strict adherence to these disciplinary measures, with serious consequences for violations [1] Group 2: Service Commitments - The company has publicly announced "Ten Commitments" that detail service standards, including specific response times for power restoration, such as 45 minutes in urban areas and 90 minutes in rural areas [1] - Efforts to optimize service processes and promote online service channels are being implemented to ensure that commitments are met and customers feel the company's dedication to service [1] Group 3: Public Awareness and Supervision - The company is utilizing multiple channels, including service hall announcements and social media, to widely promote the "Ten Prohibitions" and "Ten Commitments," fostering a strong atmosphere of social supervision [2] - The principle that "service quality is determined by public opinion" is emphasized as the highest standard for measuring performance [2]

为切实解决群众用电"最后一公里"的堵点痛点，持续优化电力营商环境，国网东平县供电公司深入开 展"小微权力"专项整治行动，聚焦基层一线服务岗位，多措并举规范权力运行，有效提升供电服务质量 和客户满意度。 强化监督，倒逼服务提升。构建起多维立体监督网络：内部通过明察暗访、交叉检查、专项审计等方式 强化日常监督；外部畅通95598服务热线、12398能源监管热线、线上举报平台等渠道，广泛接受社会监 督。对查实的违规违纪问题坚持"零容忍"，严肃问责，并选取典型案例进行警示教育，形成有力震慑。 同时，推行关键岗位轮岗交流机制，降低廉洁风险。（杨军） 科技赋能，实现阳光运行。大力推广"线上办、掌上办、一次办"，依托"网上国网"APP、微信公众号等 平台，实现业务办理全流程线上流转、透明公开、留痕可溯。客户可随时查询进度、评价服务、反馈问 题。同时，运用大数据分析技术，对异常工单、投诉热点进行智能监测预警，让监督"探头"延伸至服务 末梢，确保"小微权力"在阳光下规范运行。 精准发力，筑牢廉洁防线。台区经理、窗口人员等一线岗位"小微权力"直接关乎用户切身利益和企业形 象。专项整治行动瞄准业扩报装、故障抢修、电费收缴、用电检查 ...

近日，山东省气象台发布寒潮黄色预警，预计2-4日将出现寒潮大风天气，全省大部分地区降温幅度8至 10摄氏度，局部可达14摄氏度。国网东平县供电公司扛牢电力保供政治责任，将迎峰度冬电力保供工作 质效纳入政治监督重要内容，紧盯工作责任落实、作风纪律，通过列席会议、查阅资料、现场检查、调 研走访等形式，强化贯彻落实迎峰度冬电力保供情况监督，确保安全优质高效开展电网运行、设备检 修、重要客户保障等工作，护航"采暖季"。 在东平县州城供电所，监督检查组人员详细了解该所寒潮天气应急预案启动落实情况、电网日常运维情 况等，督促专业部门、供电所加强隐患排查、持续深化治理，确保特殊时期电网保供万无一失。一是持 续深化作风纪律建设，深入学习贯彻习近平总书记关于电力保供工作的重要指示批示精神，落实省市公 司近期迎峰度夏保供要求，坚持作风引领、狠抓落实。二是重点防范大风引发线路舞动、倒杆断线等情 况，对线路通道内树障进行巡查，对线路异物进行排查，加大输电线路通道内大棚、建筑工地、广告 牌、垃圾站等重点区段的巡视力度，严防线路异物搭挂，并对线路周边反光膜、塑料薄膜、废弃铝箔纸 等易漂浮物进行快速清理，为线路安全运行营造良好环境。三是对 ...

Core Points - The company is advancing its compliance management through a three-year action plan focusing on system construction, dynamic risk prevention, and compliance culture cultivation [1][2] - A compliance committee has been dynamically adjusted, and a team of 23 compliance liaisons has been established to oversee specific compliance management tasks [1] - The company has implemented a new regulatory system, with 526 employees participating in training and achieving a 100% pass rate in compliance examinations [1] - The compliance department has pre-reviewed 13 major legal compliance matters and issued 13 legal opinions [1] - Compliance guidelines have been developed for key business areas, with 172 compliance obligation lists updated regularly [1] - Compliance training has become a mandatory part of onboarding for new employees, with initiatives like "compliance micro-lectures" and knowledge competitions to enhance understanding [1] - The digital legal construction platform reviewed 181 contracts, and regular supervision checks are conducted to ensure compliance with contract signing and review processes [2] - The company aims to transform compliance from a paper-based system into an integral part of employee behavior and corporate culture [2]

Core Points - The Ministry of Ecology and Environment has issued the "Quota Plan" for the national carbon emission trading market, focusing on the steel, cement, and aluminum smelting industries for the years 2024 and 2025 [1] - The plan emphasizes a dynamic linkage between enterprise quota and actual output, without setting an absolute cap on carbon emissions, ensuring necessary development space for industries [2] - The carbon quota distribution will target the most carbon-intensive production enterprises, which account for over 98% of emissions in their respective sectors [2] Group 1 - The "Quota Plan" outlines the allocation and management of carbon quotas for key emission units in the steel, cement, and aluminum industries, with the first quota compliance expected within the year [1] - Industries such as chemicals, petrochemicals, civil aviation, and paper-making are in the preparatory phase for inclusion in the carbon trading market, aiming for comprehensive coverage by 2027 [1][6] - The plan encourages companies to optimize production processes and adopt low-carbon technologies, such as electric arc furnaces and hydrogen reduction methods, to achieve deeper decarbonization [3] Group 2 - The Ministry of Ecology and Environment is enhancing the management of carbon emission data quality, which is crucial for the national carbon market's construction [4] - Measures include improving the accounting and reporting verification system, and encouraging companies to innovate data quality management techniques using technologies like blockchain and IoT [4][5] - Following the market expansion in 2025, it is expected that 1,500 new key emission units will be added, covering over 60% of national CO2 emissions [4] Group 3 - The expansion of the carbon trading market will be conducted in a phased manner, based on the maturity of each industry and the quality of data available [6][7] - The Ministry aims to gradually include additional sectors, with a target for the carbon trading market to cover major industrial emission sectors by 2027 [7]

Core Viewpoint - The 2025 Boao Forum for Entrepreneurs, themed "Linking the World, Leading the Future: New Opportunities in the 14th Five-Year Plan," commenced on December 2, 2023, gathering leaders from global and Chinese top enterprises to discuss development opportunities during the 14th Five-Year Plan period [1][3]. Group 1: Forum Highlights - The forum featured the launch of the "World Brand Yearbook 2025," with Delixi Electric recognized for its case study on "Leading with New Quality, Moving Towards 'Net Zero'" [3]. - Delixi Electric's inclusion in the yearbook underscores its leadership in green transformation and its significant impact on China's dual carbon goals, providing a model for sustainable development in manufacturing [3][7]. Group 2: Delixi Electric's Green Strategy - Delixi Electric has proposed an ecological brand strategy, focusing on "people-oriented, promoting carbon neutrality, and building a green ecosystem" as part of its sustainable development approach [9]. - The company has achieved significant milestones, including the certification of its Wuhu, Wenzhou, and Puyang bases as zero-carbon factories, reducing carbon emissions by 7,000 tons annually [10][11]. Group 3: Achievements and Future Plans - Delixi Electric aims to achieve comprehensive operational carbon neutrality by 2024, ahead of schedule, and plans to publish a guide on green sustainable development practices [10]. - The company has received multiple accolades for its ecological brand strategy and continues to innovate in low-carbon and digital transformation, contributing to the green transition of the manufacturing sector [14][15].

Core Viewpoint - The recent fluctuations in copper prices are significantly influenced by the changing expectations of the Federal Reserve's interest rate policies, alongside tight supply fundamentals and agreements among Chinese copper raw material negotiation groups to reduce copper production capacity by over 10% in 2026, leading to a bullish trend in copper prices [1][2]. Fundamental Analysis - The SMM copper concentrate index continued to decline, reporting -42.33 USD/ton in November 2025, a decrease of 0.39 USD/ton from October [2]. - The consensus among CSPT members includes reducing copper production capacity by over 10% in 2026, maintaining the Benchmark system, and establishing a blacklist for suppliers and testing agencies to prevent market disruption [2]. - In November, China's electrolytic copper production increased by 11,500 tons month-on-month, with a year-on-year increase of 9.75% [3]. Inventory Trends - National copper inventories in major regions decreased for four consecutive weeks, with a reduction of 14,500 tons to 159,000 tons as of December 1, indicating a tightening supply situation [4]. - LME copper inventories increased from 133,600 tons at the end of October to 152,950 tons by November 28, reflecting a contrasting trend in overseas inventories [4]. Market Outlook - Future copper price movements will be influenced by domestic macroeconomic indicators such as CPI, PPI, and industrial output, as well as the Federal Reserve's monetary policy decisions [5]. - The market is expected to experience a "supply reduction, weak consumption" scenario, with a slight increase in weekly inventories anticipated [6]. - The macroeconomic environment remains supportive, with tight copper supply fundamentals expected to sustain high copper prices despite potential pressures from macroeconomic developments [6]. Institutional Commentary - Jinrui Futures noted that the recent dovish signals from the Federal Reserve and the CSPT consensus strengthen the expectation of tighter copper supply, although actual market conditions need to be realized [7]. - Maike Futures highlighted that the increase in electrolytic copper production is due to improved raw material supply, while the high premiums in the spot market indicate tightening future supply expectations [8]. Price Forecasts - The Chilean National Copper Corporation forecasts an average copper price of 4.45 USD/pound in 2025 and 4.55 USD/pound in 2026, while JP Morgan predicts a rise to 12,000 USD/ton in Q1 2026 [9]. - UBS expects copper prices to continue rising due to ongoing supply disruptions and strong long-term demand driven by electrification and clean energy investments, with price targets set at 11,500 USD/ton for March 2026 and 13,000 USD/ton for December 2026 [10].

来源：中国能源网 中银国际投资有限责任公司成立于2009年5月，法定代表人为于君，经营范围为投资管理、股权投资、 投资咨询。股东信息显示，该公司由中银证券（601696）全资持股。 天眼查工商信息显示，近日，中银国际投资有限责任公司发生工商变更，注册资本由6亿人民币增至20 亿人民币，增幅约233%。 ...

开源证券近日发布风电设备行业投资策略：2025年10月《风能北京宣言2.0》提出"十五五"期间国内风 电年新增装机容量不低于120GW，其中海风年新增不低于15GW，"十五五"期间国内风电装机规模有望 再上台阶。全球风能协会预测2025-2030年全球除中国陆风合计新增装机为367GW，复合增长率为 12.4%，海风复合增长率为15.8%，欧洲、亚太除中国、拉美等市场均展现出强劲的风电需求增长动 力。 以下为研究报告摘要： "十五五"国内风电装机有望再上台阶 海外需求正在起量，国内企业加速出海 全球风能协会预测2025-2030年全球除中国陆风合计新增装机为367GW，复合增长率为12.4%，海风复 合增长率为15.8%，欧洲、亚太除中国、拉美等市场均展现出强劲的风电需求增长动力。面对快速起量 的海外需求，国内风机企业正在加速出海，通过在巴西、欧洲、中亚等地投资建厂，国内风机企业正在 从单纯的产品出口转为深度的属地化布局，2025年前三季度国内7家整机商合计中标海外订单19.28GW 再创新高，海外订单单价更高、盈利能力更好，随着海外订单进入集中交付期，将直接驱动整机环节企 业盈利能力的提升。此外，2024年 ...