Core Viewpoint - The article highlights the launch of the eBox-418C industrial energy storage system by Star Charge in collaboration with Taiwan Cement Group, which addresses energy security challenges in extreme environments through innovative materials and system restructuring [2][4]. Group 1: Product Features - The eBox-418C system integrates a self-developed multi-level PCS and a 418kWh lithium iron phosphate battery system, housed in a UHPC (Ultra High Performance Concrete) cabinet, providing high protection and weather resistance for demanding environments [4][5]. - The system's design allows for compact deployment in green mining and port operations, meeting the rigorous demands of these high-difficulty scenarios [4][5]. - The use of UHPC as the outer shell enhances safety by containing potential battery thermal runaway incidents, preventing accidents from escalating [5]. Group 2: Technological Innovations - The system employs a "one cell, one management" architecture, allowing for precise control at the cell level, which improves battery management accuracy and extends the standard cycle life to over 10,000 cycles, a 25% increase compared to the industry average [6]. - A four-dimensional safety protection system is implemented, featuring a PACK-level continuous low-temperature immersion firefighting system, ensuring stable operation within a temperature range of -20°C to 55°C [7]. Group 3: Economic Efficiency - The eBox-418C utilizes modular prefabrication and AI operation strategies to significantly reduce on-site debugging and operational costs, enhancing overall lifecycle availability and economic viability [8]. - In solar-storage microgrid scenarios, the system can achieve peak-valley arbitrage benefits, increasing photovoltaic consumption rates by 10% [8]. Group 4: Global Expansion - Star Charge is actively expanding its overseas energy storage market presence, recently signing a nearly 1GWh storage order with India's Prozeal Green Energy and a 100MWh cooperation with Eastern European clients, demonstrating its competitive edge in international markets [9]. - The eBox-418C can seamlessly integrate with Star Charge's "three-network integration" smart energy platform, facilitating coordinated scheduling with charging networks, distributed photovoltaics, and virtual power plant resources [10].

招商期间，考察团队走访了广东泰塑新材料科技有限公司、东莞市众一新材料科技有限公司，深入生产 一线和研发中心，详细了解企业技术工艺、产品应用与投资规划。新邵考察团还走访了广信新材料科技 （长沙）有限责任公司，开展项目对接，协调推动项目加快落地，同时赴广州中科云图智能科技有限公 司考察交流，详细了解其在低空无人机遥感及地理空间智能技术研发与应用方面的成果，围绕低空经济 等领域探讨合作空间。 据悉，近年来，邵阳市以"双碳"目标为引领，将循环经济列为七大重点产业链之一，大力推动雀塘循环 经济产业园建设。新邵县也出台了专项措施，从基金、科技、人才、金融等方面精准扶持，目前已形成 废旧金属、塑料、电器电子、报废机动车四大循环产业链，年产值达77.6亿元，资源循环利用率达 98%。园区获评湖南省"双创"示范基地、高质量发展园区、绿色园区等称号，并入选国家循环经济标准 化试点项目。 中化新网讯 近日，湖南省邵阳市在粤港澳大湾区举办"资源循环·共赢未来"主题循环经济产业链精准招 商推介会。活动现场成功签约重点项目9个，总投资9.4亿元，签约项目将全部落地新邵县雀塘循环经济 产业园，涵盖废弃电器电子产品拆解处理、废塑料再生综合利 ...

Core Viewpoint - The A-share market experienced a significant rally in rare earth stocks, driven by strong performances from key companies and the strategic importance of rare earth elements highlighted by recent government policies [1] Group 1: Market Performance - A-share market opened lower but closed higher, with rare earth concept stocks collectively surging, including Jiuling Technology up over 26% and Galaxy Magnetics up 20% [1] - The rare earth ETF, Jia Shi (516150), saw a nearly 7% increase at closing, reaching a historical high in secondary market prices, with a year-to-date increase exceeding 89% [1] - The trading volume of the rare earth ETF surpassed 1.3 billion yuan, marking a new high since its listing [1] Group 2: Strategic Importance - The Ministry of Commerce's recent decision to implement export controls on rare earth-related technologies underscores the strategic value of rare earth elements [1] - Analysts indicate that rare earths are core resources for high-end manufacturing and strategic emerging industries, showing a resonant supply-demand dynamic [1] - China's quota management and export controls are enhancing the strategic autonomy of the industry chain, ensuring resources are directed towards high-end applications [1] Group 3: Demand and Supply Dynamics - The global green transition and dual carbon goals are driving demand for key elements like praseodymium and neodymium, leading to rapid expansion in new applications such as permanent magnet materials [1] - The strategic position of the rare earth industry chain is expected to strengthen further, providing long-term driving forces for high-end manufacturing development [1]

Core Viewpoint - The chemical parks in China are undergoing a profound transformation centered on "zero carbon, intelligence, and greenness," driven by the dual carbon goals and high-quality development strategy [1] Group 1: Policy and Strategic Direction - The Ministry of Industry and Information Technology and other departments issued a notice to promote the standardized construction and high-quality development of chemical parks [1] - The "Petrochemical Industry Steady Growth Work Plan (2025-2026)" emphasizes the creation of high-quality chemical parks and industrial clusters [1] Group 2: Industrial Development and Economic Impact - The Beihai Refinery, as the leading enterprise in the industrial zone, is projected to process 6.62 million tons of crude oil in 2024, generating over 44 billion yuan in annual revenue [2] - The industrial zone has formed a "5+2" development pattern, focusing on five leading industries: green chemicals, new metal materials, high-end paper, silicon-based new materials, and new energy, alongside two supporting industries [2] - From January to August this year, the total industrial output value of the industrial zone reached 110.2 billion yuan [2] Group 3: Industrial Upgrading and Innovation - The industrial zone is promoting the Beihai Refinery's extension into downstream fine chemicals and introducing projects in the chlor-alkali industry and biomass processing [3] - The establishment of the Hong Kong Jiantao Chemical project will enhance the material recycling and value-added capabilities of the industrial zone [3] Group 4: Green Innovation and Zero Carbon Practices - The industrial zone collaborates with leading companies to develop a zero-carbon construction model, with 15 enterprises currently involved [4] - Since the 14th Five-Year Plan, 13 enterprises have consumed a total of 16.657 billion kilowatt-hours of non-fossil energy [4] - The industrial zone is recognized as a national pilot for clean production audits and has cultivated several national and regional green factories [4] Group 5: Resource Recycling and Efficiency - The North Port New Materials Company sells general solid waste to local enterprises for use in cement and building materials, promoting resource recycling [5] - The North China Aviation Petroleum Technology Development Company utilizes approximately 100,000 tons of raw materials from the Beihai Refinery annually, with one-third of the products returning to the refinery, enhancing resource utilization efficiency [5] Group 6: Smart Governance and Investment Promotion - The industrial zone has established a smart regulatory platform to monitor risks, integrating closed management with smart construction [6] - A targeted investment promotion plan has been implemented, resulting in 41 outbound investment promotion batches and 114 inbound guest engagements this year [6] - The industrial zone focuses on ecological and service-oriented strategies for investment promotion, moving beyond traditional policy incentives [6]

Core Insights - The 2025 Sustainable Global Leaders Conference will be held from October 16 to 18 in Huangpu District, Shanghai, focusing on the theme "Facing Challenges Together: Global Action, Innovation, and Sustainable Growth" [1] - The conference aims to gather global wisdom to explore new paths for sustainable development and inject "Chinese momentum" into global sustainable governance [1] Group 1: Conference Details - The conference is an upgrade from the previous four "ESG Global Leaders Conferences" and is expected to invite around 500 prominent guests, including approximately 100 international guests such as Nobel Prize winners and leaders from Fortune 500 companies [1] - Over three days, nearly 50 topics will be discussed, covering areas such as energy and carbon neutrality, green finance, sustainable consumption, and technology and public welfare [1] Group 2: Supporting Activities - Two significant accompanying events will take place: the "Green Industry and Sustainable Consumption Expo," showcasing innovative practices in sustainable development, and the "Sustainable Excellent Case Achievement Exhibition," featuring replicable and scalable case studies from seven institutions [2] - The conference serves as an important platform for international dialogue and collaboration in the sustainable sector, aiming to unite government, business, academia, and social organizations to explore practical paths and long-term mechanisms for sustainable development [2] Group 3: Future Directions - The conference will continue to promote the exchange and transformation of green innovation outcomes, enhancing collaboration with local economies, technological innovation, and financial capital [2] - Shanghai Huangpu District is actively advancing comprehensive green and low-carbon transformation, leading initiatives such as virtual power plants and carbon neutrality bond issuance [2]

"双碳"背景下，绿色低碳发展正在引领未来。近年来，锦州石化始终将绿色低碳理念贯穿于生产全过 程，加强源头管控和过程减排，推动减污降碳协同增效，不断提升能源保障能力和绿色发展能力。 加强技术改造应用，提高装置能效水平。锦州石化积极开展低温热回收、加热炉余热回收改造，持续优 化能源消耗结构，通过对全厂低温热管网规划改造，将加氢裂化、二套制氢、二套焦化、连续重整等装 置产生的低温热全部采出，应用到油品储运罐区维温、化工装置热源、水伴热系统、住宅区采暖等方 面，每小时节约蒸汽消耗超30吨，降低综合能耗2.5千克标油/吨；为降低加热炉排烟温度、提高加热炉 热效率，对加热炉余热回收部分进行改造，改造后加热炉热效率提高至92.8%以上。 作者：锦州石化党群工作部 周慧颖 加强基础管理工作，提高用能管理水平。锦州石化配备专人负责能源消耗统计管理工作；做好重点耗能 设备的日常监测，跟踪加热炉的热效率变化情况，及时做出调整；每年定期邀请石化节能技术监测中心 对装置加热炉、蒸汽疏水阀、机泵运行效率、中压蒸汽管线保温等的运行情况进行现场测试，为节能改 造提供方向；扎实做好能源管理制度建立和持续完善工作，目前企业已建立最高计量标准22 ...

Investment Rating - The report maintains a "Positive" investment rating for the environmental industry [13] Core Insights - Since 2024, China has accelerated the establishment of a national carbon market regulatory framework, with significant progress in the CCER (China Certified Emission Reduction) methodology since October 2023. As of September 2025, the cumulative transaction volume of CCER is approximately 2.43 billion yuan, with an average transaction price of 86.41 yuan per ton [2][6][8] Summary by Sections Carbon Emission Control System - The carbon emission control system is gradually improving, with a unified national carbon market being constructed. The market includes both the national carbon quota trading market (CEA) and the voluntary greenhouse gas emission reduction trading market (CCER), which operate independently but are interconnected through a quota offset mechanism [6][19][21] CCER Methodology Expansion - The CCER methodology has been continuously expanded, with four batches of methodologies released since October 2023. The first batch includes forestry carbon sinks and offshore wind power, while subsequent batches cover various energy-saving and emission reduction projects. As of September 2025, 29 voluntary emission reduction projects have been registered, with an expected annual reduction of 10.438 million tons [7][26][27] CCER Market Performance - The average transaction price of CCER is currently higher than that of CEA, reflecting a temporary supply-demand imbalance due to strict project approvals and limited issuance. The report anticipates that as the issuance of CCER increases and market mechanisms mature, prices will gradually return to a reasonable relationship. The average transaction price of CCER from January to September 2025 is 86.41 yuan per ton, while CEA's average is 69.29 yuan per ton [8][34] Benefits of Agricultural and Forestry Biomass Projects - The report highlights the potential benefits of agricultural and forestry biomass projects under the CCER framework. For instance, assuming a CCER price of 80 yuan per ton, companies like Changqing Group and China Everbright Green Environmental Protection could see significant revenue contributions from CCER sales, amounting to 139 million yuan and 384 million HKD, respectively [9][44][45] Investment Logic for CCER - The investment logic for CCER emphasizes the importance of additionality in projects, focusing on profitability compensation rather than mere emission reduction. Key areas of interest include carbon monitoring equipment and consulting services, as well as the acceleration of related industries such as biomass power generation and hydrogen energy [10][49]

当前，绿色低碳发展竞合博弈日趋复杂。我国能源需求和碳排放刚性增长压力大，高质量发展面临 的风险挑战增多。在此背景下，我国部署谋划开展零碳园区建设，彰显了我国坚定走绿色转型之路的战 略定力，体现了应对气候变化的信心和行动。 我国工业园区、经济技术开发区、城市建成区等数量众多，既是集聚要素资源推动经济增长的主要 载体，也是能源活动和碳排放的重要来源。推动各类园区实现由高碳到低碳零碳转型发展，事关高质量 发展和"双碳"工作全局。 今年以来，零碳园区建设驶入"快车道"。7月，国家发展改革委等部门发布《关于开展零碳园区建 设的通知》（以下简称《通知》），明确支持有条件的地区率先建成一批零碳园区，有计划、分步骤推 进各类园区低碳化零碳化改造；9月，工业和信息化部和国家发展改革委发布《工业园区高质量发展指 引》，要求加快园区绿色设施建设，探索建设零碳园区。 "当前，绿色低碳发展竞合博弈日趋复杂。我国能源需求和碳排放刚性增长压力大，高质量发展面 临的风险挑战增多。"国家发展改革委能源研究所副所长、研究员李忠认为，在此背景下，我国部署谋 划开展零碳园区建设，彰显了我国坚定走绿色转型之路的战略定力，体现了应对气候变化的信心和行 ...

储能电芯的需求猛增，企业订单排至明年，项目中标规模也同比大幅增加。"储能电芯'一芯难求'，缘于全球需求爆发、供给端响应相对滞后等因素。全联 并购公会信用管理委员会专家安光勇在接受采访时表示，今年以来国内储能需求超预期，新能源全面入市拉大峰谷电价差，储能项目商业价值凸显。 金力永磁公告称，预计2025年前三季度归属于上市公司股东的净利润为5.05亿元-5.50亿元，同比增长157%-179%。平安证券研报指出，稀土价格回暖，公司 毛利率同比提升。 长城证券认为，2025年成为储能行业价值重构元年，核心驱动力源于政策与市场双重变革。全球储能需求在新能源渗透率提升、储能系统成本价格下降双重 驱动因素下同步爆发，国内外储能需求实现共振，带动板块进入新周期。 德邦证券研报指出，稀土作为高端制造与战略新兴产业的核心资源，正呈现供需两端共振格局。一方面，我国通过配额管理与出口管制强化了产业链的战略 主动权，确保资源向高端应用环节倾斜；另一方面，全球绿色转型与"双碳"目标持续推升镨、钕等关键元素需求，带动永磁材料等新兴应用快速扩容。在供 给集中度提升与需求结构升级的背景下，稀土产业链的战略地位有望进一步巩固，为高端制造发展注 ...

早 报 精 选 宏 观 新 闻 1、 商务部新闻发言人就近期中方相关经贸政策措施情况答记者问。关于稀土管制，商务部回应称，中国的出口管制不是禁止出口， 对符合规定的申请将予以许可。在措施公布前，中方已通过双边出口管制对话机制向各有关国家和地区作了通报。针对美方宣布将对 中方加征100%关税，商务部表示，动辄以高额关税进行威胁，不是与中方相处的正确之道。对于关税战，中方的立场是一贯的，我 们不愿打，但也不怕打。 2、近日，因高通公司涉嫌违反《反垄断法》，市场监管总局对其立案调查。市场监管总局介绍详情称，2025年6月，高通公司在未 进行申报、也未与市场监管总局作任何沟通的情况下，完成对Autotalks公司的收购。接到举报后，市场监管总局进行了核实，高通 公司也承认了相关事实。相关事实清楚、证据确凿。 3、商务部新闻发言人就中方宣布针对美对华造船等行业301调查限制措施实施反制答记者问。商务部表示，希望美方慎重考虑，纠 正错误做法，与中方相向而行，通过平等磋商与合作找到解决问题的办法。 4、中国证监会原发行审核委员会主任委员、发行监管部副主任、一级巡视员郭旭东涉嫌严重职务违法，主动投案，目前正接受中央 纪委国家 ...