欢迎关注"方志四川"！ 在江安逗留 温亚军 清晨起来，一直惦记着去看长江日出，拉开窗帘见外面依然漆黑一片，看时间应该天亮了呀。出了宾馆 大门，发现浓雾弥漫，白茫茫似云般翻腾缭绕，将天地连成一片。日出是看不到了，长江应该能看到 吧。昨夜到达得较晚，听说住处距长江只有百米，想连夜去看的，当地人说夜色中看不清，不如留给早 晨看日出。长河日出，晨曦初照，波澜壮阔，想着都令人兴奋。然而眼前的情景出乎我的意料，氤氲的 雾气迷蒙散淡，笼罩四周，如缥缈的薄纱在眼前挥之不去。一眼望出去，天地皆成一体，偶尔眼前雾气 飘离，才见前方水墨一样的建筑淡淡的轮廓，极其写意。这样的晨景，若是闲来无事，落在眼里倒也自 成一派，很是悦目。只是隔着晨雾，别说看日出，连那触手可及的长江也一样看不清楚。一夜枕江而 眠，竟然听不到滚滚涛声，我在想，长江进入江安境内，是不是被两岸的景致迷住，才依依不舍放缓了 脚步，像极了人们希望的那种岁月，一路缓缓走过，收起了惊涛骇浪，只有平静安然、恬淡祥和。因 此，这里才叫江安吧。依水而生，自然是水安，则人兴了。 江安长江竹岛俯瞰图（图源：四川新闻网） 在晨雾的江边行走，我想这个时候最应景的，应该是明代大才子杨慎的《 ...

Core Viewpoint - The establishment of the Feimaotai Green Energy Storage Intelligent Manufacturing Project in Tianjin represents a significant investment in the energy storage sector, aiming to enhance the local industrial structure and promote the development of the new energy industry chain [1][2]. Group 1 - The Feimaotai Green Energy Storage Intelligent Manufacturing Project covers an area of 500 acres with a total investment of 5 billion yuan [1]. - The project will focus on the research and production of high-end products such as power storage battery boxes, commercial vehicle battery swap packs, and large-scale energy storage containers, with a planned production capacity of 96 GWh per year [2]. - Upon completion, the project is expected to achieve an annual output value of approximately 10 billion yuan, positioning itself as a super factory in Northern China [2]. Group 2 - The project is anticipated to optimize the industrial structure of the Baodi District, fostering collaborative development across the new energy supply chain and enhancing regional industrial competitiveness [2]. - It aims to create a synergy between energy storage batteries, new energy vehicles, and their subsequent utilization, laying a solid foundation for Baodi to become a hub for the new energy industry [2].

Group 1: Market Conditions and Company Response - The current lithium carbonate market is experiencing low price adjustments, but the long-term development trend of the new energy industry remains positive. The company is leveraging technological innovation and process optimization to maintain a competitive cost advantage in lithium carbonate production [1] - The company plans to enhance product quality and implement refined cost control measures, focusing on both technological upgrades and comprehensive cost monitoring to strengthen its market position [1] Group 2: Financial and Operational Updates - The company has integrated into the China Minmetals Corporation system as of 2025, marking a new chapter in high-quality development and ensuring stable production and sales of major products [3] - The company’s potassium fertilizer production capacity is 5 million tons, with a national reserve task of 500,000 tons [12] Group 3: Strategic Initiatives and Future Plans - The company is advancing its 40,000 tons/year lithium salt integration project, with significant progress in the core lithium extraction device, which has completed acceptance testing [5] - By 2030, the company aims to establish a production capacity of 10 million tons of potassium chloride and 200,000 tons of lithium carbonate, aligning with the strategic goals of its parent company [10] Group 4: Shareholder Engagement and Value Creation - The actual controller, China Minmetals Group, plans to increase its stake in the company by purchasing at least 211.66 million shares within six months to boost investor confidence [6] - The company is committed to a diversified dividend policy and aims to enhance shareholder returns through steady performance growth and effective capital management [12]

Core Viewpoint - The China Securities New Energy Index has experienced a decline in recent months, reflecting the overall performance of listed companies in the renewable energy sector [2]. Group 1: Index Performance - The China Securities New Energy Index fell by 1.29% to 1768.83 points, with a trading volume of 36.878 billion yuan [1]. - Over the past month, the index has decreased by 1.69%, by 10.68% over the last three months, and by 9.32% year-to-date [2]. Group 2: Index Composition - The index includes companies involved in renewable energy production, application, storage, and related equipment, with a base date of December 31, 2011, set at 1000.0 points [2]. - The top ten weighted companies in the index are: CATL (9.99%), Sungrow Power (5.53%), LONGi Green Energy (5.26%), China Nuclear Power (4.73%), Three Gorges Energy (3.69%), TBEA (3.52%), EVE Energy (3.15%), Huayou Cobalt (2.96%), Tongwei Co. (2.45%), and Ganfeng Lithium (2.13%) [2]. Group 3: Market and Sector Breakdown - The index's holdings are primarily listed on the Shenzhen Stock Exchange (58.70%), followed by the Shanghai Stock Exchange (40.87%) and the Beijing Stock Exchange (0.43%) [2]. - In terms of industry composition, the index is comprised of 73.71% in industrials, 14.26% in utilities, and 12.02% in materials [2]. Group 4: Index Adjustment Mechanism - The index samples are adjusted biannually, with adjustments occurring on the next trading day after the second Friday of June and December [3]. - Weight factors are generally fixed until the next scheduled adjustment, with special circumstances allowing for temporary adjustments [3].

光伏赋能生态养殖，探索产业升级新路径。走进张掖市山丹县20万只光伏生态羊养殖示 范项目现场，"咩咩咩"的羊叫声此起彼伏，循声望去，只见圈舍内的肉羊个个膘肥体壮、毛 色亮泽，它们在饲养员的精心照料下悠闲地吃着草料。与普通圈舍不同的是，这些新型圈舍 的房顶换成了光伏板，让羊儿们住上了"光伏房"。 "感谢你们定期帮我们检查光伏发电设备，这个月我们引进了1000只育肥羊，养殖棚上 面发电，下面养殖，不仅提高了土地利用率，还能每年为电网提供清洁电，真正实现了双 赢。"6月17日，国家电网甘肃电力（张掖电骆驼）连心桥共产党员服务队员在山丹县20万只 光伏生态羊养殖示范基地开展分布式光伏客户侧专项检查时客户称赞道。 据了解，张掖市山丹县20万只光伏生态羊养殖示范基地是山丹县现代种养循环产业园的 重要项目之一，主要建设内容为30栋高标准羊舍，以及配套的草料车间、干草棚、青贮窖、 隔离舍等。同时，在养殖区域上方建设约5.99兆瓦屋顶分布式光伏发电站，采用"全额上 网"模式，安装55块高效单晶硅太阳能电池组件并网发电，并配套安装逆变器、分接箱等附 属设施。 光伏与羊棚这样浑然天成的"良配"，是国网张掖供电公司立足新能源产业发展优 ...

Group 1: Lithium Project Overview - The company has a lithium resource reserve of approximately 3.24 million tons of lithium carbonate equivalent in the Tongtianmiao mining section of the Hunan Jijia Mountain area, with a planned annual production scale of 20 million tons [1] - The company employs an integrated operation model of "mining, selection, and smelting," achieving 100% self-sufficiency in lithium raw materials [1][2] - The company is advancing two core technology R&D projects aimed at enhancing resource utilization efficiency and cost control [2] Group 2: Cost Control and Efficiency - The new process for lithium extraction from mica has reduced the amount of lithium slag by 50%, meeting first-class solid waste standards, and allowing for the recycling of lithium slag in construction materials [2] - The lithium recovery rate has significantly increased to 90%, and the comprehensive cost of lithium carbonate extraction has been substantially reduced, maintaining competitiveness even in current market conditions [2][5] Group 3: Project Progress and Timeline - The mining rights application for the Hunan Jikou Mountain lithium mine is underway, with plans to apply for a mining license once conditions are met [4] - The first phase of the 10 million tons mining and selection project and the 20,000 tons/year lithium carbonate smelting project are expected to be completed and operational by 2026 [4] - The Sichuan Jada lithium mine has a proven ore resource of 4.3436 million tons, with an average lithium oxide grade of 1.38%, and plans to complete the mining rights application by December 2025 [6] Group 4: Market Outlook and Investment Strategy - The company believes that lithium carbonate, being a cyclical product, will continue to have good development prospects despite price fluctuations [5] - The company is leveraging the current price decline to attract talent and expedite project construction, ensuring cost and efficiency advantages [5] - The funding for the projects primarily comes from self-owned funds and bank loans, with a focus on maintaining cost control to expand profit margins [5]

宁德时代在资本市场扔下重磅消息，其披露发行阶段董事会公告并刊登注册招股书，正式启动国际配售簿记，计划于 5 月 20 日在香港联交所主板挂牌上 市，届时将开启全新的资本篇章。按发行价格上限每股 263.00 港元计算，本次港股 IPO 发行规模预计在 40 - 50 亿美元，有望成为近年来港股市场规模最 大的 IPO 项目之一，备受各界瞩目。 从盈信量化（首源投资）资金用途来看，宁德时代目标明确。本次募资所得的 90% 将投向匈牙利项目第一期及第二期建设。通过加大对匈牙利项目的投 入，公司将进一步提升本地化供应能力，巩固其在新能源领域的全球领先地位，在国际市场竞争中占据更有利的位置。 强大的基石投资者阵容更是为宁德时代此次上市保驾护航。本次发行吸引了能源巨头、主权财富基金和顶级市场化机构等豪华阵容的基石投资者，他们最 高以 203.71 亿港元（按发行价格上限每股 263.00 港元计算）认购。其中，中石化、KIA（科威特投资局）、高瓴资本、高毅资产、UBS（瑞银）资管、 Oaktree（橡树资本）、Mirae（未来资产）、RBC（加拿大皇家银行）、太保、泰康、博裕、景林等知名机构纷纷入局，足以证明宁德时代在 ...

鉴于香港新能源汽车的庞大商机，并得到政府计划推广采用新能源汽车及可持续交通方案的支持，董事 会认为，透过框架协议组成战略合作有益于本集团，以从香港新能源汽车的增长需求中获利，提高本集 团的收益多元化及盈利能力，加强可持续发展。 透过订立框架协议，订约各方可携手合作，并善用彼等各自商业上可动用的资源互相支持，以开发及建 设重要基础建设(包括电池更换站及配套设施)，同时，共同推广及加强新能源汽车技术及服务以改进新 能源汽车的营运效率，且就拓展区域市场奠定基础。董事会认为，订约各方的有关战略合作与本集团的 策略一致，以减少碳排放，并为新能源业务成立具竞争力的中心。 智通财经APP讯，龙昇集团控股(06829)发布公告，于2025年6月13日，本公司非全资附属公司龙昇汽车 服务有限公司(龙昇汽车服务)与一间汽车贸易商(汽车贸易商);一间流动能源解决方案供应商(流动能源解 决方案供应商);及一间数字能源服务供应商(数字能源服务供应商)订立战略合作框架协议(框架协议)，以 透过建设能源补充基础建设及推动交通电气化，共同于香港推动新能源产业发展，致力建立完善的电池 更换网络。 根据框架协议，龙昇汽车服务将负责电池更换业务的 ...

Economic Overview - In May, the national economy showed overall stability and progress, with a notable increase in economic resilience [1][10] - The industrial added value for large-scale enterprises grew by 5.8% year-on-year, continuing a trend of rapid growth [3] - The digital product manufacturing sector saw a significant increase of 9.1% in added value [3] Industrial Performance - The equipment manufacturing sector's added value increased by 9.0%, outpacing the overall industrial growth rate [3] - The demand for new production capabilities has been strongly supported by recent policies, contributing to industrial production growth [3] Consumer Market - In May, the total retail sales of consumer goods reached 41,326 billion yuan, marking a year-on-year growth of 6.4%, which is an increase of 1.3 percentage points from the previous month [5] - The "old-for-new" consumption policy has shown significant effects, with retail sales of home appliances and audio-visual equipment increasing by 53.0% [5] Trade and Exports - The total value of goods imports and exports in May was 38,098 billion yuan, reflecting a year-on-year growth of 2.7%, with exports increasing by 6.3% [8] - Despite a global economic slowdown, trade with ASEAN and Belt and Road Initiative countries continues to grow [8] Policy and Future Outlook - A series of macroeconomic policies have been implemented to stabilize growth, with positive effects observed since late last year [10] - The government has a robust policy toolkit to dynamically adjust and respond to changing economic conditions, focusing on expanding domestic demand and promoting high-quality development [10]

Economic Performance - In May, the national economy showed strong resilience and vitality, with industrial added value increasing by 5.8% year-on-year and retail sales of consumer goods rising by 6.4% [1] - The consumer price index decreased by 0.1% year-on-year, indicating stable demand and supply [1] Industrial Growth - The equipment manufacturing sector saw a significant increase, with added value growing by 9% and contributing 54.3% to industrial production [1] - High-tech manufacturing added value rose by 8.6%, and digital product manufacturing increased by 9.1%, both outpacing overall industrial growth [2] New Energy and Technology - Production of new energy vehicles and solar cells surged by 31.7% and 27.8% respectively, highlighting the rapid growth in these sectors [2] - The production of industrial robots increased by 32% from January to May, and the added value of smart vehicle equipment manufacturing grew by 26.8% [2] Trade Performance - In May, the total value of goods imports and exports increased by 2.7% year-on-year, with exports rising by 6.3% [2] - Despite challenges in the global economy, trade with ASEAN and countries involved in the Belt and Road Initiative continued to grow, showcasing the diversification of China's trade [2] Economic Outlook - The overall economic growth trend remains stable, with no changes in innovation-driven development, green transformation, high-level opening up, and continuous improvement in people's livelihoods [3] - The economy's strong foundation and resilience provide confidence in overcoming various risks and challenges [3]