以下文章来源于真叫卢俊 ，作者真叫卢俊团队 真叫卢俊 . 认认真真聊地产，实实在在谈买房。 本文来自微信公众号： 真叫卢俊 ，作者：有漾，原文标题：《「附赠率」不该也不能成为主旋 律》，题图来自：AI生成 "您这房子建筑面积100平，我们实际交付的使用面积能到140平，得房率绝对超过100%。"这样的销 售话术，在2025年的楼市中在很多城市几乎成为常规。 现在没有赠送面积的项目根本上不了牌桌，飘窗、阳台、露台是普通手段，其中送面积最多的已经 是"四代宅"。 "四代宅"的面积赠送是一种开发商的竞赛： 你送20%，我就送30%；你送30%，我就加码送40%。 我统计了一下西安近三年的四代宅产品赠送率，直观能看到附赠率越来越高。到了今年， 实得率全 部超过100%。 | | 项目 | 附赠率 | 得房率 | 露台进深 | | --- | --- | --- | --- | --- | | 2022年 | 金地玖峯悦 | 6.02% | 91% | 1.5m | | | 华润紫云府 | 4.52% | 85% | 1.5m | | 2023年 | 绿城海棠三章 | 18. 60% | 96% | 3.3m | | ...

Core Insights - The infrastructure sector saw a rise of 0.75% on November 24, with Guosheng Technology leading the gains [1] - The Shanghai Composite Index closed at 3836.77, up 0.05%, while the Shenzhen Component Index closed at 12585.08, up 0.37% [1] Infrastructure Sector Performance - Guosheng Technology (603778) closed at 60.8, with a gain of 10.07% and a trading volume of 1.2687 million shares, totaling a transaction value of 1 billion [1] - Beixin Road and Bridge (002307) closed at 5.73, up 9.98%, with a trading volume of 2.8782 million shares and a transaction value of 1.593 billion [1] - Other notable performers included Meili Ecology (000010) with a 4.97% increase, and Aoya Co., Ltd. (300949) with a 4.27% increase [1] Capital Flow Analysis - The infrastructure sector experienced a net inflow of 246 million in main funds, while retail funds saw a net outflow of 34.5751 million [2] - Guosheng Technology had a main fund net inflow of 1.59 billion, but retail funds experienced a net outflow of 78.8728 million [3] - China Nuclear Engineering (601611) reported a main fund net inflow of 43.1344 million, with retail funds seeing a net outflow of 38.4155 million [3]

大会主论坛现场 电促会党支部书记、会长冯凯表示，"十四五"时期，电力行业抓住新一轮科技革命和产业变革的历 史机遇，加速推进以人工智能为代表的数智技术与能源电力深度融合，服务能源电力保供、绿色低碳转 型、新型电力系统构建、"双碳"目标实现，推动电力高质量发展和高水平安全。电促会自第四届理事会 以来，始终践行"跨界、融合、增值、共享"的服务理念，深入推进协会数字化建设，以实际行动助力数 字中国发展。"十五五"时期，面对新任务、新业态、新模式，电促会将在政府有关部门的大力支持下， 与广大会员单位一道，加深交流合作，群策群力，共同为把我国全面建成社会主义现代化强国、实现第 二个百年奋斗目标贡献自己的一份力量。希望通过本次会议加强会员单位间交流，汇集行业智慧，凝聚 发展共识，推动产业上下游企业协同开放、共享成果、共促发展。 会上，企业和专家代表介绍了各自领域的数智化发展情况。"十四五"时期，国家电网公司以数智技 术和数据要素创新应用为驱动，以业数深度融合为主线，全力实施"163"数字化赋能工程，实现"电网一 张图、数据一个源、业务一条线"，推动"三个转型、两个升级"，有力支撑新型电力系统建设和公司高 质量发展。面向未来 ...

Market Overview - The A-share market experienced a significant decline, with the Shanghai Composite Index closing down 2.45% at 3834.89 points, and the Shenzhen Component Index down 3.41% [1] - The Hong Kong market also faced losses, with the Hang Seng Index closing down 2.38% at 25220.02 points, and the Hang Seng Tech Index down 3.21% [1] - In contrast, US stock indices showed positive performance, with the Dow Jones rising 1.08% to 46245.41 points, and the S&P 500 increasing by 0.98% to 6602.99 points [1] Company Developments - Excellence Education Technology has passed the listing hearing on the Hong Kong Stock Exchange, reporting a 29% year-on-year increase in net profit to 105 million RMB for 2024, with a revenue of 848 million RMB [10] - Lingyi Technology has reportedly submitted an application for a Hong Kong IPO, aiming to raise approximately 1 billion USD (about 7.8 billion HKD) [10] - Sanofi Biopharmaceuticals plans to spin off its hair health business, Mandi International, for an independent listing in Hong Kong, with a physical distribution of shares to shareholders [10] - Quantitative Technology, the parent company of the e-commerce platform Yang Xiaomei, is set to begin its IPO process, with a maximum fundraising target of 131 million RMB [10] Industry Insights - The digital education market in China is growing, with Excellence Education holding a 3.4% market share in the higher education digital teaching market and 6.2% in digital content production [10] - The AI hardware manufacturing sector is witnessing significant growth, with Lingyi Technology ranked first in the global AI terminal device high-precision components market [10] - The lithium mining sector is expected to see increased supply as CATL plans to restart operations at a key lithium mine in Yichun, which has a production capacity of 30 million tons annually [14]

Core Viewpoint - The Northeast Asia Green Marine Fuel Supply Chain Alliance is enhancing its operational framework to promote the development of green marine fuels, aiming to transform the traditional shipping industry and stimulate new logistics dynamics in Northeast Asia by 2029 [1][2]. Group 1: Alliance Formation and Membership - The Northeast Asia Green Marine Fuel Supply Chain Alliance was established on April 26, 2024, led by the provincial transportation department and involving 11 founding units, including the Liaoning Maritime Safety Administration and Dalian Customs [1]. - The alliance has grown to include 55 members, comprising leading enterprises in green marine fuel production, storage, transportation, refueling, certification, energy storage, and shipbuilding, along with top domestic universities, research institutions, and relevant government departments [1]. Group 2: Development and Projects - Since its establishment, the alliance has focused on strengthening the green marine fuel industry supply chain, accelerating the construction of "one center and two bases" for green marine fuel [2]. - Several green marine fuel production projects, including those by China Energy Construction and China General Nuclear Power Group, have commenced, establishing long-term stable partnerships with port and shipping enterprises [2]. - The development of the industry is gaining momentum, with multiple port terminals, storage, transportation, fleet, and refueling projects being launched, and new shipbuilding orders in Liaoning continuing to rise [2].

Core Viewpoint - The solar thermal power industry in China is rapidly developing, becoming a key player in supporting high proportions of renewable energy integration and ensuring the stability of the power system, particularly in the context of the "dual carbon" goals and the construction of a new power system [1][4][13]. Industry Development - As of September 2025, China's solar thermal power generation capacity reached 157,000 kilowatts, ranking third globally [3][7]. - The average annual compound growth rate of China's solar thermal power industry is 11.7%, significantly higher than the global average of 4.24% [3][7]. - The levelized cost of solar thermal power has decreased from 1.15 yuan per kilowatt-hour to approximately 0.6 yuan per kilowatt-hour, indicating a substantial improvement in economic viability [3][11]. Technological Advancements - China has mastered mainstream solar thermal technologies, including tower, trough, and Fresnel systems, with a domestic equipment localization rate exceeding 95% [3][11]. - The country has developed a comprehensive solar thermal power industry chain and has published over 40 relevant standards covering manufacturing, design, construction, and operation [11][14]. Strategic Importance - Solar thermal power is recognized as a stabilizing force in the energy system, effectively addressing challenges posed by high proportions of renewable energy sources [6][8]. - The National Energy Administration has emphasized the strategic role of solar thermal power in its recent policy documents, advocating for its integration as a regulatory power source [8][14]. Project Highlights - The Golmud 350 MW tower solar thermal project, currently under construction, is set to be the largest single-unit solar thermal project globally, expected to generate approximately 960 million kilowatt-hours of clean electricity annually [6][10]. - The successful operation of the 50 MW solar thermal demonstration project in Delingha has provided valuable experience for future large-scale projects [10][11]. Future Outlook - By 2030, global installed capacity for solar thermal power is projected to reach 22.4 million kilowatts, with about 10% of global electricity supply expected to come from solar thermal by 2050 [13]. - The industry is anticipated to transition from being a supplementary power source to a supportive power source as its economic viability and application scale continue to expand [11][15].

Core Insights - The China Energy Construction Corporation has announced a centralized procurement project for photovoltaic modules for the year 2025, with an estimated total scale of 17GW, divided into 8 bidding packages [4]. Group 1: Bidding Candidates and Prices - The bidding candidates for the first package (001) for 182mm TOPCon components include: - Hefei JA Solar Technology Co., Ltd. with a bid of 2,886 million yuan - JinkoSolar Holding Co., Ltd. with a bid of 2,916 million yuan - Trina Solar Limited with a bid of 2,906 million yuan - LONGi Green Energy Technology Co., Ltd. with a bid of 2,916 million yuan - Other candidates include Chint New Energy Technology Co., Ltd. and Tongwei Co., Ltd. with bids ranging from 2,864 million to 2,892 million yuan [1][5]. - For the second package (002) for 210mm TOPCon components, the bids are as follows: - Hefei JA Solar Technology Co., Ltd. with a bid of 721.5 million yuan - JinkoSolar Holding Co., Ltd. with a bid of 729 million yuan - Trina Solar Limited with a bid of 727 million yuan - Other candidates include Tongwei Co., Ltd. and LONGi Green Energy Technology Co., Ltd. with bids around 716 million to 723 million yuan [1][5]. - The third package (003) for HJT components has bids from: - Dongfang Risheng New Energy Co., Ltd. with a bid of 179.25 million yuan - Changshu Artes Solar Power Technology Co., Ltd. with a bid of 186.25 million yuan - Anhui Huasheng New Energy Technology Co., Ltd. with a bid of 186.5 million yuan [1][5]. Group 2: Project Overview - The centralized procurement project is part of China's efforts to enhance its solar energy capacity, with a significant focus on various types of photovoltaic components [4]. - The project is expected to stimulate competition among leading solar manufacturers in China, potentially leading to more competitive pricing and innovation in solar technology [4].

Core Insights - The documentary series "National Energy Pulse" by China Energy Construction Corporation highlights the journey of China's solar thermal industry from catching up to leading the global market [1] Group 1: Development of Solar Thermal Industry - The first solar thermal power station with independent intellectual property rights in China began construction in 2006 and was completed in 2012, marking the dawn of solar thermal energy in the country [2] - In 2016, the first batch of solar thermal demonstration projects was launched, with China Energy Construction's 50 MW molten salt tower solar thermal project in Hami being a key initiative [2] Group 2: Innovation and Overcoming Challenges - The Hami project faced significant challenges in 2019 due to the pandemic, which led to the withdrawal of foreign experts and a blockade of core technologies, prompting the team to pursue domestic innovation [3] - By September 2021, the Hami project achieved 240 hours of continuous stable operation, leading to the establishment of comprehensive standards and breakthroughs in core technologies within the solar thermal sector [3] Group 3: Expansion and Integration - China Energy Construction is set to launch the world's largest 1500 MW solar thermal storage integrated base in Hami in 2024, showcasing a shift from difficulty to advantage in the solar thermal industry [4] - The project addresses various construction challenges, including innovative piling techniques and winter construction in extreme cold, contributing to the overall improvement of the industry chain [4] Group 4: Global Leadership and Market Reach - The successful demonstration of various solar thermal technologies has positioned China as a leader in clean energy solutions, with a domestic production rate of 99% for solar thermal projects [5] - The complete industry chain now includes research, design, construction, and operation, enabling Chinese solar thermal technology to expand into international markets and support global energy transitions [5]

Group 1 - The integration of "artificial intelligence + clean energy" is creating significant job opportunities in the industry, with over 4,000 positions available at a recent recruitment fair in Shanghai [1] - Shanghai's higher education reform plan aims to align talent supply with industry demand, focusing on practical skills and real-world applications in education [1] - The Shanghai University of Science and Technology is collaborating with Kunlun Shumo to enhance the talent training system for industrial software, addressing the talent shortage in this sector [2] Group 2 - Shanghai's engineering students are gaining hands-on experience through partnerships with major companies like COMAC, enhancing their practical skills and understanding of industry needs [3] - The Shanghai Ocean University is expanding its agricultural programs to meet the demand for talent in the agricultural sector, with new specialized classes being introduced [4] - The East China University of Political Science and Law is addressing the shortage of international law talent by incorporating practical experiences like mock trials into its curriculum [5] Group 3 - The Shanghai University of Technology is adapting its medical device training programs to include regulatory and quality control aspects, reflecting the evolving needs of the healthcare industry [6] - The Shanghai Electric Power University is enhancing its faculty's practical experience by requiring new teachers to have industry experience, thereby improving the quality of education [7] - The university is also integrating industry experts into its teaching staff to provide students with insights from the front lines of technology and production [7]

Macro Dynamics - The National Internet Information Office and the Ministry of Public Security have released a draft for public consultation regarding the "Regulations on Personal Information Protection for Large Internet Platforms," which mandates that personal information collected within China must be stored domestically [2][3] - The draft encourages large internet platform service providers to innovate in technologies, products, and services related to personal information protection and to participate in the formulation of international standards and rules for personal information protection [3] Market Data - The Nasdaq Composite Index rose by 0.88% on November 21, with major tech stocks showing mixed results; Oracle fell over 5%, while Google and Intel rose over 3% and 2% respectively [11] - The Nasdaq China Golden Dragon Index increased by 1.23%, with notable gains from NIO, Bilibili, and Li Auto [12] Company Dynamics - China Energy Construction Group has appointed Ni Zhen as the new Party Secretary and Chairman, replacing his previous role as General Manager [13] - Jiangsu Railway Group has appointed Ma Tengfei as the new Party Secretary and Chairman, marking a significant leadership change [14][15] - Meituan announced the establishment of "Rider Apartments" nationwide, providing rental subsidies to riders to ensure their rent remains below market levels [16] - Shenzhen Zhaowei Electromechanical Co., Ltd. and Maiwei (Shanghai) Biotechnology Co., Ltd. have received approval from the China Securities Regulatory Commission for their IPOs in Hong Kong [17]