Core Viewpoint - Huaxia Bank's Guangzhou Branch has evolved over 26 years, focusing on sustainable development and supporting high-quality economic growth in Guangdong through various financial initiatives [1] Group 1: Technology Finance - The bank has established a special team for technology finance, creating a whitelist and green approval channels for innovative enterprises [2] - Innovative products like intellectual property pledge loans and investment-loan linkage have been introduced to support asset-light tech companies [4] - As of mid-November, the loan balance for technology enterprises has increased by 44.59% compared to the beginning of the year [4] Group 2: Green Finance - Green finance has been elevated to a strategic level, with a comprehensive service system covering green credit, green bonds, and ESG investment [5] - The bank launched its first "Sui Carbon" platform inclusive financing business, providing a credit loan of 1.5 million yuan to specialized tech enterprises [5] - Collaborations with international organizations like the World Bank and Asian Development Bank have involved over 3 billion yuan in funding for green projects [7] Group 3: Inclusive Finance - The bank supports the private economy, small and micro enterprises, and rural areas through tailored financial products like "Motorcycle Parts Loan" [8] - The "Assist Farmers Loan" product has been customized for agricultural services, with agricultural loans growing at a rate of 33.4% as of September [8] Group 4: Pension Finance - The bank has developed a three-in-one model for pension finance, including personal pension accounts and elder service financial products [9] - Initiatives like the "Silver Economy Breakfast Meeting" have reached over 6,000 elderly individuals, enhancing financial services for seniors [9] Group 5: Digital Finance - A dedicated digital finance department has been established, with over 2.4 billion yuan allocated to various industries through digital financial products [10] - The bank has introduced innovative digital products like "Carbon Quota Pledge Financing" and "Railway Freight Loan" to support enterprises [11] - As of mid-November, the bank has added nearly 3 billion yuan in corporate loans, supporting cross-border operations for companies [11]

Core Insights - The successful export of wind power equipment by Envision Energy is supported by significant financial backing from China Export & Credit Insurance Corporation (Sinosure), which provided a $100 million guarantee and helped enhance the company's internal risk management system [1] - Sinosure has been actively involved in supporting green finance initiatives since 2016, focusing on sectors such as energy conservation, green energy, and green transportation, and has developed a diversified insurance scheme to support Jiangsu enterprises in international markets [1][2] - In 2023, Sinosure's support for green trade and project insurance has reached $42.77 billion, showcasing the growing importance of green finance in international projects [2] Financial Support and Risk Management - Sinosure has tailored insurance solutions for various projects, including a customized overseas investment insurance plan for a digital energy company entering the U.S. market and an innovative full credit letter payment model for a solar power project in Ghana [2][3] - The company has developed a comprehensive financing insurance solution that integrates multiple products, helping projects secure approximately $200 million in financing at lower costs than market rates [3] - Sinosure has established a dynamic risk assessment system to provide customized services such as credit investigation and industry risk analysis, acting as a "frontline" for overseas risk management for enterprises [3][4] Project Highlights - The successful financing of a nickel material production line project in Morocco marks a significant achievement for Sinosure, enabling the establishment of a renewable materials base that will supply materials for nearly one million electric vehicles [3] - The project involved collaboration with seven banks from China, Europe, and Africa to provide stable and reliable long-term financing support, addressing challenges related to complex business contracts and financing coordination [4]

《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》明确提出，积极稳妥推进和实现碳 达峰。"十五五"时期，我国的"双碳"战略将进入从制度夯基向体系深化的关键阶段，绿色金融作为支持 碳减排的重要工具将发挥日益重要的作用。 "十四五"时期，绿色金融体系与政策建设成果显著。在即将迎来国内"碳排放总量与强度双控"的背景 下，构建统一、透明、可比且高效的碳核算体系，已成为提升国家治理能力和促进资源要素配置优化的 关键基础，还关系到绿色金融能否有效引导资本流向绿色生产力，而数字化正成为赋能碳核算与绿色金 融发展的重要抓手。 "十四五"时期：绿色金融支持"双碳"目标成效显著 "十四五"时期，我国"双碳"顶层制度全面铺展，成效显著。截至"十四五"末，我国的可再生能源装机接 近22亿千瓦，构建起全球最大、发展最快的可再生能源体系；工业、交通、城乡建设等领域碳达峰实施 方案出台，重点领域碳达峰步伐加快；经济社会全面绿色转型顶层设计发布，绿色与可持续发展进一步 深化。在这一进程中，绿色金融快速发展，助力经济社会绿色转型。 绿色金融顶层设计更新。中国人民银行等七部门发布《关于进一步强化金融支持绿色低碳发展的指导意 见》，从标 ...

Core Insights - The article emphasizes the importance of small and micro enterprises as vital components of the economy, particularly in Henan province, which focuses on enhancing their vitality and market engagement [1] Group 1: Financial Support for SMEs - The establishment of the national small and micro enterprise fund flow credit information sharing platform has been pivotal in addressing financing challenges, leading to 10289 financing cases benefiting 6640 enterprises, with a total of 250.65 billion yuan in key sectors [1] - Financial institutions in Henan have utilized the fund flow information platform to issue loans totaling 51 billion yuan to 1130 technology enterprises, overcoming traditional financing barriers [2] Group 2: Case Studies of Successful Financing - A smart technology company in Nanyang received an 800,000 yuan credit line through the fund flow information platform, enabling it to fulfill a large production order and anticipate a 30% increase in output [3] - A renewable energy company specializing in battery recycling secured a 500,000 yuan green loan, which facilitated its expansion in environmental capacity [4] Group 3: Inclusive Financing for Micro Enterprises - The fund flow information platform has enabled 5855 enterprises to receive 182.2 billion yuan in inclusive loans, transforming fragmented financial data into recognized credit [5] - A grain and oil company benefited from a 10 million yuan credit line after the bank utilized the platform to streamline its financial data assessment [5] Group 4: Tailored Financial Solutions for the Elderly Care Sector - The fund flow information platform has provided 200,000 yuan in loans to two elderly care institutions, addressing their unique financing needs [6] - An elderly care facility received a 1 million yuan loan within three days, allowing it to expand its services and improve living conditions for seniors [6] Group 5: Data-Driven Financial Services - The fund flow information platform serves as a comprehensive data-sharing system, enhancing the financial service landscape by breaking down information silos and improving risk management [7] - Over 60% of financial institutions in Henan have integrated the platform into their credit management systems, expanding its application from pre-loan approval to post-loan management [7]

期货市场服务绿色发展符合政策导向。今年2月，中国证监会发布《关于资本市场做好金融"五篇大 文章"的实施意见》提出，稳妥有序推进碳期货市场建设和碳排放权期货研发上市，支持符合条件的金 融机构在依法合规、风险可控前提下参与碳排放权交易。研发更多符合实体经济发展需求的绿色低碳期 货期权品种。支持广州期货交易所打造绿色期货交易所。 期交所服务绿色转型持续发力 近年来，我国各期货交易所在服务绿色转型方面持续发力，形成了多层次、多板块的绿色品种体 系，努力为企业提供远期价格信号和套期保值工具。 6月10日，我国期货市场首个再生金属品种——铸造铝合金期货期权在上海期货交易所（以下简 称"上期所"）挂牌交易。上期所从引导行业高质量发展、提高资源综合利用效率出发，在铸造铝合金品 种的交割标准、品牌认证等方面以市场化手段推动产业绿色低碳转型。 绿色发展是高质量发展的底色。发展好绿色金融，是支持实体经济绿色转型、实现金融高质量发展 的重要内容。近年来，我国期货市场的"含绿量"不断提升，绿色期货已成为助力绿色发展的一股不可忽 视的力量。 近日，中国期货市场监控中心发文表示，近年来，期货市场"含绿量"不断提升。目前，我国期货市 场已构 ...

国泰君安期货商品研究晨报-绿色金融与新能源 2025年11月26日 观点与策略 | 镍：累库节奏稍有放缓，宏观与消息短线扰动 | 2 | | --- | --- | | 不锈钢：钢价承压低位震荡，但下方想象力有限 | 2 | | 碳酸锂：市场情绪向好，高位震荡 | 4 | | 工业硅：关注盘面下方支撑 | 6 | | 多晶硅：震荡偏强 | 6 | 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 商 品 研 究 张再宇 投资咨询从业资格号：Z0021479 zhangzaiyu@gtht.com 【基本面跟踪】 镍基本面数据 | | | 指标名称 | T | T-1 | T-5 | T-10 | T-22 | T-66 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 沪镍主力（收盘价） | 116,160 | 630 | 1,320 | -3,220 | -5,990 | -4,150 | | 期 | | 不锈钢主力（收盘价） | 12,405 | 70 | 40 | -60 | -405 | - ...

自1995年中国第一家城市商业银行落子深圳，如今城商行已走过三十年历程。这三十年，是城商行服务实体 经济的三十年，是精细化、差异化发展的三十年。在监管指引下，城商行始终坚守"服务城乡居民、服务中小企 业、服务地方经济"的基本定位，走出了一条特色化的发展道路，成为我国多层次金融体系中举足轻重的组成部 分。 新网银行作为数字金融先锋，深耕科技金融、绿色金融、普惠金融、养老金融、数字金融五大领域，以线上 服务触达小微、AI风控筑牢屏障、绿色金融助力"双碳"、适老化服务传递温度，为实体经济注入数字时代的澎湃 动能。这不仅是一家民营银行的探索之路，更是三十年精神血脉在数字时代的延续与升华——根植人民、因需而 变、与时偕行。 科技金融：专利转化引擎，科创造血新动能 8月26日，国务院印发的《关于深入实施"人工智能+"行动的意见》对外发布，明确未来10年我国"人工智能 +"的发展路径。AI创新蓬勃发展，为科技创新企业提供个性化金融服务，既是顺应时代、共享红利的必然之举， 也是银行实现可持续发展的关键机遇。 新网银行坚持技术立行，持续夯实数字技术底座。截至2024年末，累计提交专利申请超过540项，新增申请量 排名全球银行前 ...

《中共中央关于制定国民经济和社会发展第十五个五年规划的建议》明确提出，积极稳妥推进和实 现碳达峰。"十五五"时期，我国的"双碳"战略将进入从制度夯基向体系深化的关键阶段，绿色金融作为 支持碳减排的重要工具将发挥日益重要的作用。 "十四五"时期，绿色金融体系与政策建设成果显著。在即将迎来国内"碳排放总量与强度双控"的背 景下，构建统一、透明、可比且高效的碳核算体系，已成为提升国家治理能力和促进资源要素配置优化 的关键基础，还关系到绿色金融能否有效引导资本流向绿色生产力，而数字化正成为赋能碳核算与绿色 金融发展的重要抓手。 "十四五"时期：绿色金融支持"双碳"目标成效显著 我国开始构建"五维"碳核算与管理体系。"十五五"规划建议明确将建设"地方碳考核、行业碳管 控、企业碳管理、项目碳评价、产品碳足迹"的碳排放统计与核算体系作为重点目标。这意味着我国碳 核算体系从分散标准和试点逐步迈向多层次、全链条构建，将建设覆盖地方、行业、企业、项目和产品 五个维度的碳核算与管理的政策框架。 在企业碳管理上，重点控排行业和大型企业已基本建成企业级的碳排放监测、核算与验证 （MRV）系统，金融等行业正探索将碳核算扩展至全价值链范围 ...

业界人士：香港"超级联系人"优势助力绿色金融标准跨境对接 中国国新控股有限责任公司总会计师刘学诗发言指出，香港既是观察世界经济脉动的重要窗口，也是连 接中国内地与全球市场的重要桥梁。近年来，香港特区政府持续推出多层次、系统化的绿色金融政策， 积极引导资金流向低碳领域，为区域乃至全球绿色转型注入强劲动力。(完) 中新网香港11月25日电 (记者 戴小橦)"可持续金融新动能：绿色共识 共赢未来"大公国际香港2025年度 研讨会25日在香港举行。多位与会的业界人士表示，香港作为连接内地与全球市场的"超级联系人"，在 绿色金融标准跨境对接等方面发挥着不可替代的作用。 来源：中国新闻网 11月25日，"可持续金融新动能：绿色共识 共赢未来"大公国际香港2025年度研讨会在香港举行。 (主办方供图) 香港特区政府财经事务及库务局副局长陈浩濂致辞表示，多年来，香港特区政府一直以实际行动巩固和 提升香港作为国际绿色及可持续金融中心的地位。在债券发行方面，"政府可持续债券计划"已成功发行 约2500亿港元等值的政府绿色债券。其中涵盖不同发行类型、不同币种，以及不同年期，从而建立市场 基准供潜在的绿色债券发行人参考，展示香港能够 ...

"我们将继续加强政银企对接，督促引导金融机构强化产品和服务创新，进一步优化内部资源配 置，为小微企业健康发展营造更加优良的金融环境。"中国人民银行安康市分行副行长屈波说。（记 者：董剑南） 为确保外汇政策"直达送"，中国人民银行安康市分行构建"调研问需+精准施策+长效服务"模式，累 计走访企业36家，解决融资需求3997万元；在9个县（市、区）设立外汇业务直连点，便利县域外贸企 业就地办理外汇业务；畅通跨境融资"快车道"，积极引导企业通过跨境金融服务平台"线上"办理融资业 务，实现业务申请、资料提交、审批放款等流程线上化，促成融资6736.8万元。 小微企业是经济发展的生力军。支持小微企业爬坡过坎、创新发展，金融服务不可或缺。为破解小 微企业融资难题，中国人民银行安康市分行强化政策工具引导与精准滴灌，充分运用支农支小再贷款、 再贴现等货币政策工具，引导金融机构持续增加对小微、民营、"三农"等领域的信贷投放，并推动融资 成本稳中有降。截至今年三季度末，中国人民银行安康市分行新发放支农支小再贷款77亿元，同比增长 130%，支持民营、小微企业、个体工商户、农户等经营主体超2.60万户，利用再贷款资金发放贷款加 权 ...