Group 1 - The "Dongjiang Lake Cloud Nest" data center in Hunan's Zixing City utilizes natural cold water from Dongjiang Lake to reduce energy consumption, highlighting the growing demand for computing power and data storage driven by new technologies like artificial intelligence [1] - China Construction Bank provided a comprehensive financial service plan totaling 152 million yuan to support the development of the national green data center [1] - As of the end of Q3 2025, Hunan's green loan balance exceeded 1.3 trillion yuan, reflecting a 21.1% increase since the beginning of 2025, indicating a strong commitment to green finance and transformation [1] Group 2 - The completion of a comprehensive water environment governance project in Yiyang City by the end of 2025 will mark Hunan's first integrated project for the protection of the Yangtze River, featuring unified management of water supply and drainage systems [2] - Hunan has established provincial-level transformation financial standards to support the green transition of manufacturing industries, focusing on sectors like engineering machinery, automotive manufacturing, and non-ferrous metal smelting [2] - The core of transformation finance is to provide targeted financial support for high-carbon industries such as steel and energy to transition towards low-carbon and zero-carbon operations [2] Group 3 - The Zhengrun Casting Company in Hunan's Jiahe County has benefited from the establishment of a carbon emission account, allowing it to secure a "Green Casting Loan" to invest in technology improvements and reduce production costs [3] - By the end of November 2025, key enterprises in the casting and forging industry in Chenzhou received loans totaling 33.8 million yuan [3]

"十五五"规划建议提出因地制宜拓展生态产品价值实现渠道。生态环境导向的开发（EOD）模式是以生 态环境治理为基础、关联产业开发为支撑，通过一体化实施实现生态价值向经济价值转化的创新路径， 为落实绿水青山就是金山银山理念提供了可量化、可持续的实践载体。 近几年，在国家政策指引下，两批次共94个国家EOD模式试点项目推进建设。2025年2月，生态环境部 办公厅印发《关于进一步推进生态环境导向的开发（EOD）模式工作的通知》，EOD模式探索与实践 进入扩点提质的全新阶段。浙江、江苏、安徽、福建、云南、山东等省制定了EOD模式发展省级政策 文件。浙江、福建等省推进了省级EOD项目库建设。截至2025年7月，浙江省累计有50个纳入国家级储 备库或省级试点的EOD项目，成功带动1400亿元投资，其项目数量、规模与授信额度等核心指标均位 列全国前茅。 善用市场化工具。完善特定地域单元生态产品价值核算方法体系，拓展实践运用，将治理项目带来的生 态环境价值增值转化为可质押的生态信用资产。努力消除绿色金融、转型金融等细分金融市场与EOD 模式的标准差异和制度藩篱，积极推进绿色信贷、绿色保险、生态治理绿色债券、转型挂钩债券等金融 ...

登录新浪财经APP 搜索【信披】查看更多考评等级 （来源：邯郸日报） 河北清峰绿能固废处置有限公司财务部长黄凯贺介绍说，目前该项目已由建设银行牵头组建银团贷款，总计审批金额达40亿元，其中已发放10 亿元专项贷款，有力支持了项目建设，切实解决了企业在发展过程中的资金需求。同时，碳排放权抵质押贷款等创新金融产品也将企业的环保 效益直接转化为经济收益，助力公司加速延伸循环经济产业链，扩大固废处置与绿色建材生产规模，在提升经济效益的同时进一步巩固"无废 企业"的竞争优势。 清峰绿能的发展实践，正是邯郸绿色金融创新赋能产业转型的缩影。去年以来，邯郸锚定传统产业绿色化改造和绿色产业培育两大核心方向， 积极探索绿色金融助力城市转型新路径，2025年9月出台的《创建绿色金融城市行动方案》，成为全省首个制定系统性创建绿色金融城市行动 方案的城市。 转自：邯郸日报 邯郸新闻传媒中心记者 工业固废变废为宝，传统钢铁绿色升级……作为全省首个制定系统性创建绿色金融城市行动方案的城市，邯郸以绿色金融创新为牵引，撬动金 融资源向绿色低碳领域聚集，为城市转型发展注入强劲动能。 在武安工业园区的河北清峰绿能固废处置有限公司，记者看到，钢渣、 ...

Core Viewpoint - The green transformation driven by the "dual carbon" goals has become a critical issue for high-quality corporate development, with green finance practitioners innovating products and providing precise services to support traditional and emerging green industries [1] Group 1: Financing Biodiversity and Sustainable Development - There is a noticeable increase in attention towards biodiversity finance, particularly following the implementation of the "Kunming-Montreal Global Biodiversity Framework" and the promotion of the "Biodiversity Finance Directory" by the People's Bank of China [2] - Beijing Rural Commercial Bank, in collaboration with Shou Nong Food Group, launched Beijing's first "Biodiversity + Sustainable Development Linked" loan, targeting ecological protection and sustainable production in agriculture [2] - The loan is designed with quantifiable biodiversity protection performance targets, linking interest rates to performance, thus creating a positive cycle of ecological responsibility and development momentum [2][3] Group 2: Innovation in Green Finance Products - Green credit and transition finance are working together to drive the green transformation of the real economy, with green credit increasing financing costs for high-energy-consuming enterprises, compelling them to transition [4] - Beijing Bank's Suzhou branch has innovated by launching a carbon account certification service, providing 10 million yuan in credit support to a company focused on energy management, thereby reducing the cost of green transformation [4] - The bank also supported Jiangsu Zhonglai Energy Technology Development Group with a transition finance loan of 99.09 million yuan for optimizing production processes and extending product lifespan [5] Group 3: Challenges and Solutions in Green Finance - Despite significant achievements in green finance, challenges remain, such as regional discrepancies in the execution of green finance directories and information asymmetry between enterprises and financial institutions [6] - Experts suggest that by 2026, innovations in green finance products will include more transition financial tools for high-carbon industries, accelerated asset securitization, and digital risk assessment using big data and AI [6] - Policy support is crucial, with recommendations for the government to provide subsidies for enterprises actively pursuing green transitions to further reduce transformation costs [6] Group 4: Future Outlook for Green Finance - The year 2026 is expected to mark a transition from the construction phase to the effectiveness phase of green finance, with a focus on deep value reconstruction of the real economy [7] - Financial resources are anticipated to flow more towards traditional high-carbon industries like steel, cement, and chemicals, addressing the financing difficulties and high costs associated with their transformation [7]

Group 1 - The core viewpoint emphasizes that under the "dual carbon" goals, green transformation has become essential for high-quality corporate development, with green finance practitioners innovating products and providing precise services to address funding challenges and support traditional and emerging green industries [1] - The focus on biodiversity finance is increasing, driven by the implementation of the "Kunming-Montreal Global Biodiversity Framework" and the promotion of the "Biodiversity Finance Directory (Draft)" by the People's Bank of China, leading to more innovative biodiversity finance cases nationwide [1][2] - The first "Biodiversity + Sustainable Development Linked" loan in Beijing, aimed at supporting organic and green certified agricultural projects, exemplifies how financial mechanisms can align ecological protection with sustainable production [2] Group 2 - Green credit and transition finance are working in tandem to drive the green transformation of the real economy, with green credit increasing financing costs for high-energy-consuming enterprises while transition finance addresses funding difficulties [3] - The Beijing Bank Suzhou Branch has innovated by launching a carbon account certification service, providing 10 million yuan in credit support to a company, thereby reducing the costs of green transformation [3][4] - Despite significant achievements in green finance, challenges remain, including regional discrepancies in the execution of green finance directories and information asymmetry between enterprises and financial institutions [4] Group 3 - Experts suggest that by 2026, green finance products will see breakthroughs in three areas: the proliferation of transition financial tools, accelerated asset securitization, and the use of digital technology for risk assessment [5][6] - Policy support is crucial, with recommendations for the government to provide subsidies for enterprises actively pursuing green transformation to further reduce costs [6] - The transition of green finance from a construction phase to an effectiveness release phase is anticipated, with financial resources expected to flow more towards traditional high-carbon industries for transformation projects [6]

2026年01月11日 商 品 研 究 2026 年 1 月 11 日 国泰君安期货研究周报-绿色金融与新能源 观点与策略 | 镍：产业与二级资金博弈，宽幅震荡运行 | 2 | | --- | --- | | 不锈钢：镍铁抬升震荡重心，盘面博弈印尼政策 | 2 | | 工业硅：关注下游减产情况 | 12 | | 多晶硅：情绪端或有提振 | 12 | | 碳酸锂：抢出口预期支撑锂价，电芯提涨或成终端隐忧 | 21 | 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 期货研究 镍：产业与二级资金博弈，宽幅震荡运行 不锈钢：镍铁抬升震荡重心，盘面博弈印尼政策 张再宇 投资咨询从业资格号：Z0021479 zhangzaiyu@gtht.com 本轮资金面对镍与不锈钢的关注度提高，本质在于消息面的变化，主要包括：印尼镍矿配额的 2.5 亿 吨目标，以及考虑将伴生矿物，如钴，纳入计价和征税体系，以及违规开采镍矿罚款，具体来看： 1）配额事件：印尼政府敦促企业重新提交 2026 年 RKAB 预算，APNI 协会表示目标或削减至 2.5 亿吨 镍矿配额，1 月 8 日印尼能矿部长表示根据行业需求 ...

Core Viewpoint - The second Financial Meteorology Academic Annual Conference was held in Guangzhou, focusing on enhancing collaboration between the financial sector and meteorological departments to support high-quality development [1][2]. Group 1: Conference Overview - The conference aimed to build a high-level, cross-disciplinary communication platform to promote the integration of finance and meteorology, enhancing the development of both sectors [1]. - Key attendees included prominent figures from the China Meteorological Society, Fudan University, and the Chinese Academy of Engineering, indicating the event's significance [1]. Group 2: Key Themes and Discussions - The conference featured five sub-forums covering topics such as the development and application of financial meteorological indices, insurance meteorology innovations, and climate risk quantification [2]. - The first financial meteorological AI model, "Entropy Machine" (version 1.0), was launched during the conference, showcasing advancements in the field [2]. Group 3: Future Directions - The Financial Meteorology Professional Committee plans to focus on national strategies, talent development, and the transformation of precise meteorological services into practical outcomes [2].

Core Viewpoint - The company emphasizes its commitment to serving the real economy and fulfilling social responsibilities while adapting to industry transformations and aligning with national development strategies [1][3]. Group 1: Company Development and Strategy - Since its inception four years ago, the company has focused on empowering the real economy and safeguarding public wealth, achieving a management product scale expected to exceed 1.5 trillion yuan by 2025 and serving 15 million customers, generating 130 billion yuan in returns for investors [1]. - The strategic positioning of the company is rooted in its unique role as a connector between resident wealth and the real economy, integrating responsibility into its core development [3]. - The company has initiated the "Three-Five Special Project" to deepen its focus on key areas, including technology finance, green finance, and inclusive finance, supporting the construction of five centers in Shanghai and five major tracks of Pudong Development Bank [3]. Group 2: Product Innovation and Performance - The company has launched innovative products, including equity-based technology-themed investments, and introduced a wealth management product linked to the "Pudong Development Bank - China Bond Credit Technology Innovation Bond Index" to guide investments into strategic emerging industries [4]. - In the green finance sector, the company has integrated ESG principles into its investment practices, with green finance-related assets expected to grow nearly 20% by 2025, with bonds making up nearly 80% of this portfolio [4]. - The company has doubled its inclusive finance asset balance since the beginning of the year, responding to the needs of small and micro enterprises and developing specialized wealth management products for the elderly [4]. Group 3: Product System and Market Recognition - The company has upgraded its product system to meet diverse investor needs, launching the "Day Xin Yue Yi" 2.0 product line, which optimizes asset allocation and introduces multiple investment strategies [6]. - The performance of the company's products has been recognized in the market, with several products winning industry awards such as the "Bank Wealth Management Product Golden Bull Award" and "Best Cash Management Return" [7]. Group 4: Digital Transformation and Innovation - The company is focusing on digital transformation as a core strategy, implementing the "Zhi Pu Wealth Management" project to enhance operational efficiency, risk control, and investment research capabilities [8]. - The launch of the "North Star Intelligent Research" platform integrates investment research and strategy, enhancing the company's ability to adapt to market changes and improve decision-making processes [8]. Group 5: Future Outlook and Commitment - The company aims to continue its journey of high-quality development, driven by compliance and professionalism, while striving to become a leading asset management institution [9]. - The company is committed to deepening the integration of financial services with the real economy, contributing to the construction of a financial powerhouse and creating value for clients [9].

Core Viewpoint - The People's Bank of China has facilitated the first batch of financial financing for the paper industry transformation in Shandong, amounting to 125 million yuan, aimed at supporting green transformation initiatives in the sector [2][4]. Group 1: Company Overview - Asia Symbol (Shandong) Pulp and Paper Co., Ltd. is a leading enterprise in the integrated pulp and paper industry cluster in Rizhao, owned 90% by Asia Symbol Rizhao Pte. Ltd., a subsidiary of Singapore's Golden Eagle Group [4]. - The company is recognized as one of the largest producers of commodity wood pulp in China and has been actively pursuing financial means to promote green transformation [7]. Group 2: Financial Initiatives - The recent financing includes a 120 million yuan credit certificate for Asia Symbol, which links the issuance fee to the company's emission reduction performance, focusing on energy-saving and carbon reduction technology upgrades [2][4]. - A supply chain financing loan of 5 million yuan was also provided to Rizhao Xiaolongtai Paper Co., Ltd., incentivizing upstream clients with interest rate discounts based on carbon reduction performance [7]. Group 3: Industry Context - The Rizhao integrated pulp and paper industry cluster has been selected as one of the "Top Ten Industries" in Shandong Province for 2025, highlighting its significance in the regional economy [7]. - The low-carbon transformation of the paper industry has become a crucial development direction, with transformation finance playing a vital role in supporting high-emission sectors in their transition to low-carbon operations [7].

为提升信贷投放精准度，济源开展"金润科企"、绿色金融创新发展等专项行动，建立重点领域"白名 单"，引导金融机构精准对接企业需求，惠及企业超千户，累计为"白名单"企业发放贷款超百亿元。 与此同时，为缓解企业融资压力，济源建立债务"三置换"机制，运用再贷款再贴现等货币政策工具，引 导金融机构降低贷款利率，让利于企。2025年以来，济源累计完成"三置换"123.6亿元，助企节约利息 约1.34亿元；运用各类结构性货币政策工具发放贷款超10亿元，惠及800余户经营主体；新发放企业贷 款加权平均利率同比下降0.55个百分点，有效减轻了经营主体财务负担。 本报讯（记者 赵珊珊 成利军 通讯员 许彬）1月9日，记者从济源示范区管委会办公室获悉，截至2025年 12月底，济源人民币存贷款余额突破"双千亿"大关，实现历史性跨越。其中，贷款余额为1009.65亿 元，存款余额为1020.01亿元；人民币各项贷款同比增长20.27%，增速连续16个月居全省首位。 "金融总量迈上新台阶，流动性合理充裕，意味着金融服务实体经济的能力显著增强，济源经济发展稳 健前行。"济源示范区管委会办公室相关负责人介绍，截至2025年年底，济源新增存 ...