Mei Ri Jing Ji Xin Wen·2025-07-31 23:22Group 1 - The National Energy Administration reported that the trading scale of green certificates in the first half of the year doubled year-on-year, with a total of 1.371 billion certificates issued [1] - The average price of green certificates reached 5 yuan per certificate in the first half of the year, with a peak of 6.5 yuan in June, marking a 4.4 times increase from the lowest price this year [1] - The data indicates a shift from an administrative-driven renewable energy consumption mechanism to a market-driven approach, laying a crucial institutional foundation for achieving carbon neutrality goals and global green trade integration [1] Group 2 - CATL has invested over 10 years in solid-state battery research and has formed a leading R&D team in the industry [2] - While the scientific issues in the solid-state battery sector have been largely resolved, engineering challenges and supply chain maturity still hinder commercialization [2] - The focus on R&D has created a technological moat that supports future advancements in electric vehicle range and applications in energy storage and aviation [2] Group 3 - Hewei Electric announced that it does not currently have HVDC (High Voltage Direct Current) products, despite market rumors suggesting otherwise [3] - The company's stock experienced significant volatility, with a cumulative price deviation exceeding 20% over three consecutive trading days, reflecting market sensitivity to HVDC-related themes [3] - HVDC technology is crucial for long-distance power transmission and is in high demand due to the global surge in renewable energy infrastructure [3]