Core Viewpoint - Zhongfu Industrial (600595.SH) is a pioneer in the green, intelligent, and digital transformation of the domestic aluminum industry, particularly focusing on green development through initiatives like 500,000 tons/year of green low-carbon hydropower aluminum and distributed photovoltaic projects [1][2] Group 1: Project Developments - The company’s subsidiary, Sichuan Zhongfu, signed an investment cooperation agreement with Penghui Energy to build a large-scale user-side energy storage project in Guangyuan Economic and Technological Development Zone, which includes a first phase of 100MW/400MWh and a second phase of 300MW/600MWh [1] - The first phase will become the largest user-side energy storage project in the country, significantly enhancing both companies' brand influence and market voice in the green energy sector [1] Group 2: Policy and Market Impact - Recent national and provincial policies supporting new energy and storage development will enhance the peak-shaving capacity of the North Sichuan power grid, alleviating power shortages during peak summer periods and ensuring stable energy supply for the company’s aluminum production [2] - The project aligns with local government policies and has received strong support, indicating a promising outlook for the company’s energy supply stability in Guangyuan [2] Group 3: Future Collaborations and Innovations - Sichuan Zhongfu and Penghui Energy will collaborate on solid-state battery research and efficient discharge technology for traditional storage, aiming to create a second growth curve while accumulating low-carbon technologies and developing low-carbon products [2] - The company is also advancing another integrated source-grid-load-storage project in Henan, which is set to install approximately 22.98MWp of photovoltaic capacity by the end of May 2025 [2]

Group 1: Guangdong Government Investment Fund Management - The Guangdong Provincial Government has issued the "Management Measures for Government Investment Funds," which clarifies that government-funded funds do not need to set internal benchmark return rates [2] - The establishment of government investment funds requires approval from the same-level government, and county-level governments must control the creation of new funds [2] - The performance evaluation of government investment funds will focus on the comprehensive achievement of policy objectives rather than profitability [2] Group 2: Chongqing State-Owned Enterprise Reform - Chongqing has completed the strategic restructuring and professional integration of its key state-owned enterprises, reducing the number from 51 to 33 large enterprise groups [4] - The overall loss rate of key state-owned enterprises in Chongqing has decreased from 40% to 18.6%, with operational losses down to 13.7% after significant loss reduction efforts [4][5] - Chongqing's state-owned enterprises have activated assets worth 151 billion yuan, recovering 59.5 billion yuan, contributing to economic growth and job creation [5] Group 3: Hubei Green Low-Carbon Industry Development Alliance - The Hubei Green Low-Carbon Industry Development Alliance has been established, consisting of 124 initial member units, including key enterprises, research institutions, and financial organizations [7] - The alliance aims to support the green transformation and high-quality development of various enterprises in Hubei Province by enhancing strategic guidance and building cooperative platforms [7] - The alliance's council includes major companies and institutions, indicating a collaborative effort towards advancing the green low-carbon industry in the region [7]

每经记者｜徐肖逍 每经编辑｜魏官红 ESG政策 工信部等五部门组织开展2025年新能源汽车下乡活动 工业和信息化部、国家发展改革委、农业农村部、商务部、国家能源局日前发布通知，组织开展2025年 新能源汽车下乡活动。根据通知，选取一批新能源汽车推广比例不高、市场潜力较大的典型县域城市， 举行若干场专场活动，以此为中心辐射周边乡镇，结合地区特点开展若干场特色活动；与县域充换电设 施补短板试点、智能网联汽车"车路云一体化"试点等工作形成协同效应，推动优质资源向乡村地区倾 斜。 点评：此举既能培育新的消费增长点，又能促进城乡绿色出行均衡发展，但需注重建立长效机制，避免 短期行为，确保售后服务网络同步下沉，真正激活农村新能源车市。 我国首部绿色数据中心评价国标6月1日起实施 6月1日，我国首部数据中心绿色化评价方面国家标准《绿色数据中心评价》正式实施，标志着在国家层 面绿色数据中心评价有标可依，为我国数据中心的绿色低碳建设提供了明确指引。《绿色数据中心评 价》明确了数据中心在能源资源高效利用、绿色设计、绿色采购、绿色运维、绿色服务等五大指标上应 满足的要求。这部标准，可以用于指导数据中心的绿色化建设、运维和改进，为行 ...

Group 1 - The third "Zero Green Building Materials Day" event was launched on June 6 in Jining, with the release of multiple key industry standards, achieving full coverage of carbon emission accounting rules in key areas of the building materials industry [1][3] - The "Six Zeros" indicators represent specific requirements for the green and low-carbon transformation of the building materials industry, including zero external electricity purchase, zero fossil energy, zero primary resources, zero carbon emissions, zero waste emissions, and zero employees [3] - The implementation of key standards for "Zero External Electricity Factories" and "Zero Employee Factories" provides clear development directions and goals for the green transformation and upgrading of building material enterprises [3] Group 2 - As of March, over 13,000 green building material certified products have been developed, reflecting the industry's efforts in promoting green transformation and upgrading [4][5] - The building materials industry has initiated various projects, including product usage instructions, quality traceability, and grading systems, to enhance the quality and sustainability of building materials [5] - The Ministry of Industry and Information Technology and ten other departments jointly released the "Implementation Plan for High-Quality Development of the Green Building Materials Industry," aiming for annual revenue from green building materials to exceed 300 billion yuan by 2026, with an average annual growth rate of over 10% [7]

Core Viewpoint - Leshan is positioning itself as a significant player in the green chemical industry, aiming to develop a 100 billion yuan green chemical sector by 2030, following its success in the crystalline silicon photovoltaic industry [7][8][12]. Group 1: Industry Development - Leshan has a strong chemical foundation with 35 large-scale chemical enterprises and a total output value of nearly 28 billion yuan [7]. - The city is committed to ecological and low-carbon development, focusing on high-end fine chemical products as a transformation direction [8][12]. - The establishment of a dedicated task force for green chemical industry development marks a strategic move to enhance coordination and planning across various departments [10][11]. Group 2: Green Transformation - As one of the first carbon peak pilot cities in Sichuan, Leshan is implementing strict environmental controls and promoting green manufacturing [12]. - The city has rejected over 40 projects that do not meet new capacity admission standards, focusing on eliminating outdated production capacity [13]. - The green chemical industry is expected to complement the existing crystalline silicon photovoltaic sector, enhancing overall industrial resilience [13]. Group 3: Infrastructure and Investment - The newly recognized Wutong Bridge Chemical Park is the largest provincial chemical park in the region, facilitating the establishment of new projects [14]. - Additional chemical parks are being planned, with significant investments expected to exceed 10 billion yuan [15]. - Recent project signings and ongoing negotiations indicate a robust pipeline of new investments, potentially adding 420 billion yuan in new production value [15]. Group 4: Product and Market Trends - Leshan's herbicide production capacity ranks second globally, with a focus on expanding its chemical product ecosystem [16][18]. - Collaborations with leading international companies are underway to develop new biopesticide products, aiming for a global market scale exceeding 10 billion yuan within five years [18][19]. - The shift towards fine chemicals and new materials is evident, with a focus on green fine chemicals, chemical new materials, and electronic chemicals as key growth areas [19].

Core Viewpoint - Shanghai Trading Group is projected to achieve a trading scale exceeding 1.2 trillion yuan in 2024, emphasizing its role as a comprehensive, market-oriented trading institution engaged in various asset transactions [1][2]. Group 1: Company Overview - Shanghai Trading Group operates in multiple sectors including state-owned property, financial property, intellectual property, and cultural property transactions, as well as bidding procurement, private equity fund transfers, real estate leasing, carbon emissions trading, and data transactions [1]. - The company was established in November 2023, following the approval from the Shanghai municipal government to form it based on the Shanghai Stock Exchange [2]. Group 2: Strategic Partnerships - China National Nuclear Corporation (CNNC) is a key strategic partner of Shanghai Trading Group, with both entities achieving significant results in asset revitalization, industrial restructuring, and green low-carbon transformation since signing a comprehensive strategic cooperation agreement in June 2022 [1]. Group 3: Future Initiatives - Shanghai Trading Group aims to optimize the layout of state-owned capital by leveraging its professional and market-oriented advantages to assist in mixed ownership reform, asset restructuring, and industrial chain integration [1]. - The company plans to promote the development of new productive forces through specialized enterprise cultivation, intellectual property valuation, and financing services, facilitating the organic integration of technology, finance, and industry [1]. - It will also focus on advancing green low-carbon transformation by providing carbon finance, management, consulting, accounting, and certification services to support low-carbon industrial development [2].

Core Insights - Jiangsu Province has become the first region in the Yangtze River Delta to exceed 100 million kilowatts in installed renewable energy capacity, reaching 109 million kilowatts by the end of May [1] - The growth of renewable energy in Jiangsu is characterized by significant increases in both wind and solar power, with solar power accounting for 82.26 million kilowatts and wind power reaching 23.37 million kilowatts [1] - The share of renewable energy in Jiangsu's total power generation capacity has risen to 48%, with an annual growth rate exceeding 30% compared to the beginning of the 14th Five-Year Plan [1] Group 1 - As of May 2023, Jiangsu's installed solar power capacity reached 82.26 million kilowatts, with distributed solar power making up 58 million kilowatts, marking it as the dominant source [1] - Offshore wind power in Jiangsu has an installed capacity of 11.83 million kilowatts, ranking second among all provinces in China [1] - The rapid increase in renewable energy capacity is evident, with Jiangsu surpassing 50 million kilowatts in December 2022 and reaching 100 million kilowatts in less than three months [1] Group 2 - In the first five months of 2023, Jiangsu's renewable energy generation reached 66.514 billion kilowatt-hours, contributing to over 30% of the total electricity consumption in the province [2] - The Chinese National Energy Administration projects that by the end of 2024, the total installed capacity of renewable energy in China will reach 1.45 billion kilowatts, surpassing that of thermal power for the first time [2] - The overall installed power generation capacity in China is expected to reach approximately 3.35 billion kilowatts by the end of 2024, with solar power capacity growing by 45.2% year-on-year [2]

2016年起，南京坚持制度先行，印发《南京市水污染防治行动计划》，以市政府1号文件聚焦水污 染防治，相继出台或修订《南京市水环境保护条例》《南京市长江岸线保护条例》等法律法规，高质量 保障河湖水质达标。经过"铁腕"攻坚，秦淮河重现水清岸绿，成功入选全国第二批美丽河湖优秀案例。 记者6月5日从市生态环境局获悉，今年以来，南京生态环境质量稳中趋好，1—5月，全市PM2.5 浓度同比下降4.5%；优良天数比率为85.4%，同比增加1.8个百分点。长江干流南京段水质保持Ⅱ类， 18条省控入江支流、11个集中式饮用水水源地的水质优良比例保持100%。 如今，"水晶天""森呼吸"频频刷爆朋友圈，户外徒步、骑行的人越来越多。从"雾里看花"到"蓝天常 在"的转变，源于南京十几年如一日的攻坚克难与开拓创新。 创新推出"一把手"管环保的机制，持续推进标本兼治、系统治理；聚焦工业第一污染源，以最严要 求、最高标准，持续推动"两钢四化"等重点企业超低改造、煤电机组全负荷脱硝等工作；在省内率先开 展VOCs治理，出台储罐治理提升10条措施，全面推进高效密封改造和低泄漏呼吸阀更换…… 举措扎实，成效明显。2014年—2024年，南京PM ...

许昆林强调，当前即将进入迎峰度夏关键时期，要精心组织做好能源电力保供工作，提前做足煤炭 物料储备，积极组织顶峰发电用气资源，各类机组做到应发尽发、稳发满发，扩大高峰时段区外来电规 模，优先保障好群众生活用电，对涉及社会稳定、国计民生和产业链供应链安全的重要用户、重大项 目、重点企业强化"点对点"服务。要加强各类风险隐患排查整治，完善大面积停电事件应急体系，建设 分布式电源、智能微电网等设施设备，确保发、输、变、配、用等各环节安全可靠运行，确保区域电力 供应稳定、城市正常运转。 6月5日，省能源委员会第二次会议暨迎峰度夏能源电力保供会议召开，深入贯彻落实习近平总书记 关于国家能源安全的重要论述和对江苏工作重要讲话精神，全面分析能源电力供需形势，部署安排迎峰 度夏能源电力保供和能源安全保障工作。省长、省能源委员会主任许昆林主持会议并讲话。 许昆林指出，能源保障和安全事关国计民生。习近平总书记高度重视能源工作，就推动能源发展作 出一系列重要指示批示，为新时代能源高质量发展提供了根本遵循，引领江苏能源工作迈上新台阶，为 支撑经济回升向好、促进发展方式绿色转型、满足人民美好生活需要提供了有力支撑。要准确把握能源 安全新 ...

Core Viewpoint - The Supreme People's Court of China emphasizes strict legal actions against environmental violations, particularly focusing on fraudulent activities by third-party environmental service providers and illegal waste disposal practices [1][2]. Group 1: Legal Actions Against Environmental Violations - A case involving a testing company revealed that the defendants provided 222 false environmental monitoring reports, earning over 760,000 yuan. The court sentenced the company to a fine of 200,000 yuan and imposed prison terms on six individuals ranging from nine months to one year and two months, prohibiting them from engaging in environmental monitoring for three years post-sentence [1]. - In another case, a resin technology company and its personnel were found guilty of illegally discharging over 20,000 tons of hazardous waste into the Yangtze River. The company was fined 6 million yuan, and the individuals received prison sentences ranging from two years to six years and six months, with a compensation mechanism involving cash and technological improvements [1]. Group 2: Promoting Green Transformation and Conflict Resolution - The courts are actively resolving conflicts arising from the green transformation of the economy, focusing on ecological and environmental disputes that affect people's lives. In a contract dispute case, a biomass energy company refused to accept over 7,000 tons of cow dung, leading to outdoor accumulation. The court applied green principles from the Civil Code to facilitate the reuse of the waste through various methods, including the production of biomass pellets [2]. - In a separate case, a livestock cooperative was found guilty of repeatedly discharging wastewater, contaminating drinking water sources and disrupting water supply to nearby villages. The cooperative was fined 400,000 yuan, and the responsible individual received a four-year prison sentence along with a fine of 100,000 yuan [2].