中证报中证网讯(记者葛瑶)10月28日，由社会价值投资联盟(深圳)主办的"2025湾区可持续绿色金融论 坛"于深圳国际低碳城启幕。 本次论坛由社投盟秘书长王思主持，以"金融向绿，世界同行"为主题，广泛邀请政府代表、行业领袖、 企业高管、专家学者出席，并联合合作伙伴ACCA(特许公认会计师公会)、中国高端时装品牌 ELLASSAY歌力思（603808）及同名男装品牌ELLASSAY HOMME歌力思男装、盟浪可持续数字科技 (深圳)有限责任公司，支持单位深圳高等金融研究院、深圳市社会组织总会、香港大学中国商业学院、 华南环境及安全管理协会，与社投盟会员及各界盟友共创共享，为湾区乃至全国的双碳转型注入新动 能。 "可持续金融是实现'双碳'目标的重要引擎，更是湾区协同发展的关键纽带。"深圳市发展和改革委员会 绿色发展处处长陈兴在开幕致辞中表示，深圳作为全国首批碳达峰试点城市，持续在能源、城建、交通 等多领域加快绿色转型步伐，并积极探索绿色金融创新路径。截至2024年末，深圳银行业绿色信贷余额 首次突破万亿元大关，达10230.91亿元，增速高于各项贷款17.99个百分点。在深交所发行的绿色债券累 计规模达1883. ...

Group 1 - The company achieved a revenue of 1.246 billion yuan in the first three quarters of 2025, representing a year-on-year growth of 5.67% [1] - The net profit attributable to shareholders reached 133 million yuan, with a year-on-year increase of 23.40% [1] - The net cash flow from operating activities surged to 206 million yuan, marking a significant increase of 405.55% year-on-year, indicating improved profitability and cash flow quality [1] Group 2 - In Q3 2025, the company reported a net profit of 46.146 million yuan, up 28.37% year-on-year, and a net profit excluding non-recurring items of 45.132 million yuan, reflecting a growth of 29.28% [1] - The company has established an integrated service capability covering "production + transportation + blasting," enhancing customer stickiness and the value of overall solutions [2] - The company has successfully replicated its core intelligent equipment technology into new fields such as food and packaging, providing diverse growth paths for long-term value [2] Group 3 - The company has expanded its business globally, with operations in Southeast Asia, Central Asia, Europe, and Africa, having constructed over 30 production lines [2] - The industry is undergoing a critical transformation towards "high-end, intelligent, and digital" upgrades, with the company actively participating in the digital transformation of the blasting industry [2] - The company has upgraded its role from a technology provider to a leader in industry standards and digital transformation, enhancing its brand credibility [2]

Core Insights - The event marked the transformation of Chashou Health from a useful AI tool into an open ecological platform connecting quality health services [1][2] Group 1: Product and Service Innovations - Chashou Health launched the upgraded Chashou Health Smart Body 2.0 and the Chashou Selected Health Mall, enhancing its functionality and service offerings [1] - The new Smart Body 2.0 utilizes AI technology to simplify family health management, including features like personalized digital health avatars [3] - The Chashou Selected Health Mall emphasizes strict quality control and direct sourcing, aiming for personalized recommendations based on individual health data [3] Group 2: Vision and Mission - The company aims to become a global leader in health and life sciences AI data intelligence, focusing on comprehensive health management from prevention to recovery [2] - Chashou Health's mission is to empower individuals in their health journeys, providing tools that serve as both a sword and shield for health guardians [3] Group 3: Collaborative Ecosystem - Chashou Health is positioning itself as a "super connector" in the health ecosystem, collaborating with various partners to enhance community health services [4] - Strategic partnerships were formed with organizations like the Chinese Anti-Aging Promotion Association and Pien Tze Huang, focusing on integrating traditional medicine with AI [4][6] - The establishment of the Chashou Health Ecological Alliance was marked by a signing ceremony with 22 partners, indicating a commitment to collaborative health solutions [6] Group 4: Research and Development - The collaboration with Peking University Medical Department aims to leverage a century of medical knowledge for personalized health interventions [5][6] - The focus on chronic disease management and obesity prevention highlights the company's commitment to addressing significant health challenges through innovative solutions [5]

Core Viewpoint - Sany Heavy Industry officially listed on the Hong Kong Stock Exchange, showcasing strong confidence from both domestic and international capital in China's high-end manufacturing sector [1] Company Overview - Sany Heavy Industry is the largest engineering machinery company in China and a global leader, focusing on the research, manufacturing, and sales of a full range of engineering machinery products, including excavators, concrete machinery, and cranes [1] - The company has expanded its operations to over 150 countries and regions, with overseas market revenue becoming a core driver of its performance growth [1] Investment Highlights - The IPO attracted 23 cornerstone investors, including notable institutions such as Temasek, Yingfeng Capital, Hillhouse Capital, and UBS, indicating strong institutional interest [1] - Shanghai Baoyin Private Fund Management participated in the IPO through a cross-border OTC swap transaction, successfully acquiring 1.6074 million shares and joining the cornerstone investor group [1] Future Outlook - Baoyin Private Fund emphasizes a value investment philosophy centered on fundamental research, focusing on the long-term growth potential and genuine profitability of enterprises [1] - The fund aims to continue being patient capital, contributing positively to the healthy development of China's capital market [1]

Core Insights - Shenyang Jinbei held a brand day and product launch event, unveiling its global renewal strategy aimed at enhancing its competitiveness in the commercial vehicle sector [1] - The company plans to focus on three core areas for brand development: manufacturing upgrades, product renewal, and sales model innovation [1] Group 1: Manufacturing Upgrades - Jinbei will utilize a new commercial 4.0 smart factory to advance its intelligent manufacturing system [1] - The company is committed to a multi-energy strategy that includes fuel, pure electric, methanol, CNG, and hybrid options [1] Group 2: Product Renewal - Jinbei has launched five new models, including three fuel vehicles and two electric vehicles, with prices ranging from 76,900 to 185,800 yuan [1] - The company has achieved L2 level assisted driving capabilities in mass-produced vehicles and is working on L3+ technology validation and L4 level planning [1] Group 3: Sales Model Innovation - The sales strategy involves a dual approach of reshaping domestic user experiences and localizing operations in overseas markets [1] - Jinbei signed a strategic cooperation agreement with Toyota Tsusho, involving a 200 million yuan order to enhance collaboration in vehicle sales and channel operations [2]

Group 1 - The forum focused on the theme of "High-Quality Development of Green Finance to Support Carbon Peak and Carbon Neutrality" and featured discussions on green finance innovation, low-carbon transition paths, and international cooperation prospects [1] - Notable attendees included representatives from government agencies, financial institutions, green industries, and international organizations, highlighting a broad consensus on promoting green development [1] - A roundtable discussion involved industry experts exploring key topics such as deepening international cooperation in green finance and enhancing technological empowerment [1] Group 2 - China Everbright Group released a "Green Finance White Paper," which systematically reviewed international green finance theories and China's green finance policies [2] - The white paper showcased China's green finance product system and highlighted Everbright Group's unique advantages in integrating comprehensive finance with green industries [2] - As of mid-2025, Everbright Group's investment and financing scale supporting green development reached 567.9 billion yuan, reflecting a 23% year-on-year growth [2]

Core Viewpoint - The establishment of Qijing Nuotong Technology (Ningbo) Co., Ltd. marks a significant step in the high-temperature heat pump industry, aiming to integrate precision manufacturing and advanced renewable energy technology to support China's dual carbon strategy [1][2]. Group 1: Company Overview - Qijing Nuotong was founded in June 2025 with a registered capital of 32 million RMB, with Qijing Machinery holding a 51% stake and Shanghai Nuotong holding 49% [1]. - The company aims to create a leading benchmark enterprise in the high-temperature heat pump sector, enhancing value for partners and contributing to regional economic development [1]. Group 2: Product Launch and Technology - The product launch event showcased the first air-source high-temperature heat pump, which features high temperature, high efficiency, and high stability [2]. - This product is a practical response to the national dual carbon strategy and signifies a solid step in the development of high-performance heat pump products [2]. Group 3: Future Plans - Qijing Nuotong plans to leverage Shanghai Nuotong's leading technology and its own precision manufacturing capabilities to introduce a range of products, including ultra-low temperature air-source heat pump units and waste heat high-temperature heat pumps [2]. - The company aims to meet diverse thermal energy needs across residential, commercial, and industrial sectors, positioning itself as a trusted supplier of heat pump technology and services [2].

Core Viewpoint - Chongqing Rural Commercial Bank reported a slight increase in revenue and net profit for the first three quarters of 2025, indicating stable performance despite some declines in operational efficiency metrics [1][2]. Financial Performance - The bank achieved an operating income of 21.658 billion yuan, a year-on-year increase of 0.67% [1]. - Net interest income reached 17.850 billion yuan, growing by 6.88% compared to the previous year [1]. - Net profit for the first three quarters was 10.925 billion yuan, reflecting a 3.32% increase year-on-year [1]. - The net profit attributable to shareholders was 10.694 billion yuan, up 3.74% from the same period last year [1]. Operational Efficiency - The net interest margin was 1.59%, a decrease of 0.02 percentage points from the previous year, although the decline was narrower than the previous year's drop of 0.14 percentage points [1]. - The annualized average return on total assets was 0.92%, down 0.03 percentage points year-on-year [1]. - The annualized weighted average return on equity was 10.86%, a decrease of 0.30 percentage points compared to the previous year [1]. Asset Quality - As of September 30, 2025, the bank's non-performing loan balance was 8.711 billion yuan, with a non-performing loan ratio of 1.12%, down 0.06 percentage points from the end of the previous year [1]. - The provision coverage ratio stood at 364.82%, an increase of 1.38 percentage points from the end of the previous year [1]. Asset and Liability Growth - The total assets of the bank reached 1.66 trillion yuan, an increase of 140.869 billion yuan, representing a growth of 9.30% compared to the end of the previous year [2]. - Total liabilities amounted to 1.51 trillion yuan, increasing by 134.801 billion yuan, which is a growth of 9.76% from the previous year-end [2].

Economic Performance - China's GDP grew by 5.2% year-on-year in the first three quarters of 2025, demonstrating resilience in a complex environment [1] - Final consumption expenditure contributed 53.5% to economic growth, an increase of 9.0 percentage points compared to the previous year [1] Consumer Market Dynamics - Domestic consumption market shows a positive trend with both quantity and quality improving, driven by policies like the trade-in program and the rise of new consumption patterns [1][2] - Retail sales of consumer goods increased by 4.5% year-on-year, indicating a shift from scale expansion to quality enhancement in consumption [2] - Rapid growth in online retail sales of physical goods highlights the importance of digital technology in driving consumption upgrades [2] Service Consumption Growth - Retail sales in the service sector grew by 5.2%, outpacing goods retail sales by 0.6 percentage points, reflecting a shift in consumer focus from material satisfaction to spiritual enjoyment [3] - The recovery of the cultural and tourism market is a key driver of service consumption growth, with increased activity in rural homestays and cultural venues [3] Demand-Side Strategies - Optimizing income distribution is crucial for solidifying the foundation for consumption growth, with a focus on increasing labor compensation and reducing income disparities [4] - Enhancing the social security system is essential to stabilize consumer confidence and expectations [4] Supply-Side Strategies - Innovating consumption scenarios and optimizing policy support are necessary to expand consumption growth space, with an emphasis on developing new business formats and enhancing cultural tourism [5][6] - Improving supply-side capabilities to better match consumer upgrade demands is vital, including supporting traditional industries in their transition to smart and green practices [6]

Group 1 - MiniMax launched its latest video generation model Hailuo 2.3, which shows significant improvements in body movement presentation, stylization, and micro-expressions [1] - The model enhances physical performance and instruction adherence, allowing for more complex and fluid character movements with notable improvements in accuracy and controllability [1] - MiniMax introduced the Hailuo 2.3 Fast version, which significantly increases generation speed while maintaining quality and expressiveness, reducing costs by up to 50% for bulk creation [1] Group 2 - The market widely believes that multimodal fusion creation is the future trend [2] - MiniMax upgraded Hailuo Video Agent to Media Agent, supporting full multimodal creative capabilities and launching it globally [2] - Media Agent's core function is to automatically match multimodal models, providing a "one-click" creation experience where users input content descriptions and the system completes the entire process without manual editing [2]