彭博社12日引述知情人士的消息称，印度信实公司在未能获得中国技术后，已叫停其在印度生产锂电池 的计划。报道称，这反映出，即使是印度最强大的企业，在建立独立清洁能源供应链方面也面临重重困 难。 美国为"夺岛"拉中俄挡枪 洲急回应但难掩分歧 外交部：美谋私利别拿他国当借 报道称，消息人士透露，信实集团原计划从今年开始生产电池，为此一直在与一家中国公司洽谈电池技 术许可事宜。这名人士宣称，由于中国方面对关键领域技术海外转让的规定，这家公司退出了拟议的合 作，谈判目前陷入僵局。 锂电池智能制造产业园 资料图 图源：视觉中国 不过，路透社12日报道称，信实公司发言人否认可再生能源计划有任何变化，包括一座电池超级工厂原 计划于2026年开始运营。发言人在一封电子邮件中表示："电池储能系统制造、电池组制造和电芯制造 一直是我们储能计划的一部分，目前进展顺利。" 彭博社称，虽然暂停电池制造不会给信实公司立即造成经济打击，但"这凸显了其雄心勃勃的绿色能源 计划所面临的挑战"。报道称，若不能改善与北京的双边关系，那些被寄予厚望、有望助力印度完成碳 中和目标的印度企业就很难取得实质性进展。 赵 雷 国基曲 中朗沙 新闻背景。 美催 ...

Group 1 - The Trump administration's pressure on the Federal Reserve to lower interest rates raises concerns about the central bank's independence, potentially leading to higher long-term interest rates and borrowing costs [1] - Ctrip's mass sending of "layoff notices" to employees was clarified as a system testing error, not an actual layoff, following strong performance in revenue and net profit growth [1] - Planet Labs achieved a historic high in stock price after signing a multi-year contract worth "low nine figures" with the Swedish Armed Forces, highlighting the value of its satellite data services in defense and intelligence [1] Group 2 - The Adriatic oil pipeline will resume oil supply to Serbia's Pančevo refinery after a nearly 100-day interruption, with the first batch of approximately 85,000 tons expected to arrive soon [2] - Many regions in China are increasing the upper limit for farmers' pension contributions, but this alone will not resolve the low pension issue, which requires coordinated efforts from personal income and fiscal subsidies [3] - Surgical robot company Precision Medicine saw a stock price increase of over 30% on its first day of trading on the Hong Kong Stock Exchange, despite facing challenges such as ongoing losses and high R&D costs [3] Group 3 - Yonghui Supermarket expects a net profit loss for 2025, accumulating over 8 billion yuan in losses over three years due to intense industry competition and costs from store adjustments [4] - The Chinese restaurant and bar brand "Huan Shi" is facing negative same-store sales growth and has declared an 80 million yuan special dividend before its IPO, despite a significant reduction in cash reserves [5] - Kweichow Moutai has reduced the ex-factory prices of several core products, with the highest drop being 1,990 yuan, aiming to expand consumer base and transition products from luxury to high-frequency consumption [5] Group 4 - Reliance Industries in India has suspended its local lithium-ion battery cell manufacturing plan due to the lack of technical support from Chinese battery companies, highlighting challenges in building a self-sufficient clean energy supply chain [6]

【环球时报特约记者 文简】彭博社12日引述知情人士的消息称，印度信实公司在未能获得中国技术 后，已叫停其在印度生产锂电池的计划。报道称，这反映出，即使是印度最强大的企业，在建立独立清 洁能源供应链方面也面临重重困难。 不过，路透社12日报道称，信实公司发言人否认可再生能源计划有任何变化，包括一座电池超级工厂原 计划于2026年开始运营。发言人在一封电子邮件中表示："电池储能系统制造、电池组制造和电芯制造 一直是我们储能计划的一部分，目前进展顺利。" 彭博社称，虽然暂停电池制造不会给信实公司立即造成经济打击，但"这凸显了其雄心勃勃的绿色能源 计划所面临的挑战"。报道称，若不能改善与北京的双边关系，那些被寄予厚望、有望助力印度完成碳 中和目标的印度企业就很难取得实质性进展。 报道称，消息人士透露，信实集团原计划从今年开始生产电池，为此一直在与一家中国公司洽谈电池技 术许可事宜。这名人士宣称，由于中国方面对关键领域技术海外转让的规定，这家公司退出了拟议的合 作，谈判目前陷入僵局。 ...

站在2026年这个时间节点上，很多人明显感觉到，钱变得"聪明"了，也变得更难赚了。 过去那种靠信息差、靠堆人力就能轻松获利的粗放式增长已经彻底成为历史。现在的创富逻辑，正在从"流量博弈"转向"价值深耕"。如果你还在盯着那些已 经红海化的传统类目，大概率只能在存量市场里挣扎。根据近两年的宏观趋势和产业调研数据显示，真正的机会往往藏在技术革新与社会结构变化导致 的"刚需缺口"中。经过深度复盘和行业比对，我提炼出了三个在2026年极具前景、且变现天花板极高的核心赛道。 一、 AI应用层与垂直化大模型服务 如果说前两年是AI的底层技术竞赛，那么2026年则是AI应用的大爆发元年。 现在最赚钱的不是去开发一个通用大模型，而是如何将AI落地到具体的业务场景中。据统计，目前企业对于"垂类模型定制"的需求量同比增长了200%以 上。通常而言，一个精通行业Know-how并能利用AI优化工作流的小型团队，其人效产出是传统咨询公司的数倍。无论是个人的生产力工具开发，还是针对 细分行业的AI法律助手、AI医疗预诊，这些方向不仅前景最被看好，而且因为壁垒较高，溢价空间巨大。在这个行业里，你卖的不是软件，而是针对具体 痛点的"降本增效 ...

Core Viewpoint - The article emphasizes the importance of developing distributed energy and integrated energy services as a crucial path towards carbon neutrality, highlighting the need for skilled professionals in energy planning and management [1]. Group 1: Training Overview - The training titled "Distributed Energy Planner (Integrated Energy Services Direction)" is organized to address the shortage of professionals familiar with energy planning, conversion, and intelligent control technologies [1]. - The training will take place online from January 14 to January 17, 2026 [2]. - The training is hosted by the Human Resources and Social Security Ministry's Social Security Capacity Building Center and organized by China Energy News Co., Ltd [2]. Group 2: Target Audience - The training targets various stakeholders including provincial and municipal power companies, energy groups, and enterprises in the oil and gas sector [2]. - It also includes new energy companies (wind, solar, storage), energy service companies, equipment manufacturers, and research institutions [2]. - Additionally, it is aimed at investment professionals in the integrated energy sector and those interested in distributed energy and integrated energy services [2]. Group 3: Course Outline - The course covers an overview of integrated energy services, including its connotations, driving forces, and current development status both domestically and internationally [3]. - It includes modules on planning comprehensive energy solutions, distributed photovoltaic projects, natural gas distributed energy applications, and smart microgrids [4]. - The curriculum also addresses hydrogen energy applications, new energy storage, energy efficiency projects, and zero-carbon factory assessments [4]. Group 4: Training Fees - The training fee is set at 3600 yuan per person, which includes training, materials, and certification costs [5]. Group 5: Contact Information - For inquiries, contact Yang at 15801248899 or Wang at 15201547047 [6].

- The report does not contain any quantitative models or factors related to quantitative finance[1][2][3]

Core Insights - The GEF-8 project, aimed at sustainable urban development in the Beijing-Tianjin-Hebei region, has officially entered its implementation phase with a focus on carbon reduction and green practices [1][4] Group 1: Project Overview - The project is supported by a $3.4 million grant from the Global Environment Facility and will run from 2026 to 2030, focusing on building over 30 green sustainable demonstration projects [3] - The GEF-8 project is one of the first approved among 20 global sustainable projects, emphasizing green transportation, energy, low-carbon buildings, and biodiversity protection [4] Group 2: Implementation Focus - The project will concentrate on four key areas: smart transportation, green buildings, sustainable energy, and biodiversity [6] - In smart transportation, the project aims to develop an intelligent traffic cloud control platform, including applications for autonomous buses [6] - For green buildings, the initiative plans to construct ultra-low energy and near-zero energy buildings, along with low-carbon technology laboratories [6] - The sustainable energy component will enhance renewable energy utilization through charging facilities and photovoltaic technology upgrades [6] - Biodiversity efforts will include establishing bird observation stations and conducting marine water quality monitoring [6] Group 3: Broader Impact - The project is part of a significant cooperation between China and Singapore, aiming to set a benchmark for sustainable urban development globally [5] - The ecological city has received multiple national and international honors, reinforcing its role as a model for green development [5][7] - The initiative aligns with China's goals for carbon peak and carbon neutrality, contributing to the global promotion of sustainable city concepts [6][7]

来源：新浪证券-红岸工作室 1月12日，新中港涨9.58%，成交额4.09亿元，换手率10.21%，总市值40.78亿元。 异动分析 碳中和+碳交易+虚拟电厂+储能 1、2023年12月25日互动易：公司把"打造成具有规模优势，环保和碳排放强度可与天然气机组相媲美的 区域综合能源供应中心和碳中和中心"的区域公用热电联产企业作为发展目标。 目前公司减碳方面具体 措施主要是提效减碳和耦合减碳，提效减碳是公司通过新机组扩建和技术改造，进一步提高机组热效 率、?效率，从而降低碳排放强度；耦合减碳方面，公司控股子公司RDF生产线已经投产，公司耦合固 废和生物质燃料锅炉改造项目即将投运，逐步耦合并加大固废和生物质燃料的比例，将降低燃料成本及 大幅降低碳排放。 2、根据2022年4月10日公告：2019 年和 2020 年合计碳排放配额 264.83 万吨，排放 214.83 万吨，结余 50.01 万吨，结余比例为 18.88%。 2021 年 12 月出售了 50 万吨 3、2023年5月23日互动易：公司可转债募投项目是有计划建设"三维虚拟电厂"系统的内容。即：利用传 感器、监控系统、三维建模技术、数据分析技术，实时 ...

来源：新浪证券-红岸工作室 1月12日，德固特跌0.32%，成交额1.83亿元，换手率8.16%，总市值37.88亿元。 异动分析 碳中和+固废处理+氢能源+专精特新+人民币贬值受益 1、公司研发并生产的用于煤气化的高温空气预热器，利用高温（920℃）煤气降至 680℃过程中释放的 热能，将即将参与反应或燃烧的空气（25℃）加热到600℃。与 300℃相比，600℃空气参与燃烧并增加 30%原材料后，产量可以增加45%，同时节约燃料9.3%-13.2%。从而实现减少碳排放。 (免责声明：分析内容来源于互联网，不构成投资建议，请投资者根据不同行情独立判断) 资金分析 今日主力净流入-216.67万，占比0.01%，行业排名98/197，该股当前无连续增减仓现象，主力趋势不明 显；所属行业主力净流入-19.55亿，连续2日被主力资金减仓。 区间今日近3日近5日近10日近20日主力净流入-223.66万181.38万1186.02万2072.98万-272.41万 主力持仓 主力没有控盘，筹码分布非常分散，主力成交额2868.67万，占总成交额的3.98%。 技术面：筹码平均交易成本为26.27元 2、2023年3 ...

Report Industry Investment Rating - Not provided in the given content Core Views of the Report - The steel industry is currently in the depression phase of the long - term (Kondratieff) cycle, the downward bottom - seeking phase of the medium - term (Juglar, real estate) cycle, and the weak recovery and transition phase of the short - term (inventory) cycle. The expected "active restocking cycle" led by demand recovery has not occurred, and the cycle switch has been further postponed [2][29]. - The steel export needs a mindset upgrade from "tonnage" to "grade". When "Chinese steel" becomes a synonym for certain quality, innovation, or sustainability in the global market, its export will truly enter the deep - blue sea [2][63]. Summary by Relevant Catalogs 2025 Market Review - **Iron Ore**: In 2025, the iron ore market had a complex trend contrary to the pessimistic predictions at the beginning of the year. The price showed a narrow - range fluctuation, with a "U - shaped" annual price movement. The main contract fluctuated in the range of [689.0, 838.5], with an amplitude of 149.5 points (19.32%), and the year - end price was basically the same as the beginning of the year. The supply - demand structure was moving towards a trend of loosening. The price first rose and then fell in the first half of the year, and rebounded and then fluctuated in the second half [1][11][13]. - **Steel**: Affected by weak terminal demand, steel prices continued to decline. Taking rebar as an example, the main contract fluctuated in the range of [2928, 3382], with an amplitude of 454 points (14.38%) and a decline of 184 points (- 5.57%). Through self - disciplined production control and exports by steel mills, the industry achieved a difficult "supply - demand re - balance" and a short - term reverse profit repair [1][11][14]. - **Terminal Demand**: In 2025, the real estate market entered a deep - adjustment period of accelerated decline in investment and sales. Infrastructure investment changed from "counter - cyclical strong hedging" to "precise support", and manufacturing investment showed resilience, becoming a key stabilizer in the overall economic downturn [20][21][23]. - **Export Demand**: In 2025, steel exports showed a complex picture of "steady growth in total volume, intensified price competition, and accelerated structural optimization". The implicit carbon cost of Chinese steel exports began to appear, and future competitiveness depends on product upgrading, carbon footprint reduction, and transformation to providing overall solutions [26][28] Fundamental Analysis Iron Ore - **Supply**: In 2025, the global iron ore supply continued to be loose. The global iron ore shipment volume was 16.4 billion tons, with a year - on - year increase of 516.3 million tons. Major mines such as Vale, BHP, and Rio Tinto had stable or increasing production. The 47 - port iron ore arrival volume was at a high level in the past three years [30][31][33]. - **Demand**: In 2025, the production motivation of steel mills was strong, and the demand for iron ore increased significantly. The average daily hot - metal output of 247 steel enterprises was 236.80 million tons, higher than the average in 2024. However, the demand for iron ore decreased in the second half of the year [36][39] - **Inventory**: In 2025, the iron ore inventory at Chinese 47 ports continued to accumulate, reaching a historical high. By the end of the year, the total inventory was 167.2179 million tons, a year - on - year increase of 11.26 million tons [40] Steel (Rebar & Hot - Rolled Coil) - **Supply**: In 2025, steel mills controlled production, and the output decreased. The output of high - value - added products increased significantly, optimizing the supply - side structure [42] - **Demand**: In 2025, domestic demand for steel was weak, mainly due to the continued drag of real estate and the slowdown of infrastructure growth. Exports were strong, with the cumulative steel exports from January to November reaching 107.74 million tons, a year - on - year increase of 6.7% [51][53] - **Inventory**: In 2025, the steel mill inventory and social inventory of building materials remained at a low level. The steel mill inventory adopted an "active de - stocking" strategy, and the social inventory was in a "passive de - stocking" state [55][56] Thinking: Upgrade of Steel Export Mindset - **From "Product Export" to "Solution and Standard Output"**: Steel should become a carrier of green and intelligent building solutions, such as China Baowu's green - low - carbon production base in Saudi Arabia [61] - **From "Hard - Power Display" to "Soft - Power Communication"**: Steel needs to tell its own story, communicate its value in sustainable development and innovative design, and add a "brand story" dimension [62] - **From "One - Way Output" to "Ecosystem Co - construction and Local Integration"**: Steel export can be upgraded to co - construct an industrial ecosystem with local partners in overseas markets [63] Market Outlook - **Iron Ore**: In 2026, the iron ore market will enter a new stage dominated by "supply expansion cycle" and "demand structure differentiation", with global supply - demand becoming looser. The supply will increase significantly, and the demand is expected to decline slightly. The price center is expected to move down further, showing a "stable first and then weak" trend. It is recommended to seize the "short - term long and medium - term short" opportunities [3][64] - **Steel**: In 2026, the steel market will operate under the framework of "demand plateau" and "strong supply constraints". The core contradiction will shift from total over - supply to structural bottom - seeking of demand. The supply - demand weak balance will continue, and the cost - pricing weight will increase. Steel prices are expected to show a "wide - range fluctuation with a slightly lower center" trend. It is recommended to shift from the simple seasonal thinking of "high in the front and low in the back" to the "plate strong and construction weak" structural arbitrage opportunities [4][65]