Core Viewpoint - The Shanghai Cooperation Organization (SCO) has become a significant international entity contributing to global economic development through enhanced trade and cooperation among its member states since its establishment in 2001 [1][3]. Economic Cooperation Achievements - The Horgos International Border Cooperation Center between China and Kazakhstan has seen a daily average of over 30,000 people crossing, with a year-on-year increase of 58.9% in 2023 [2]. - In the first seven months of this year, China's total import and export volume with other SCO member countries reached 2.11 trillion yuan, marking a 3% increase year-on-year [3]. - The China-Belarus Industrial Park has reported an industrial production growth rate exceeding 40%, with expectations of over 140 resident enterprises by the end of 2025 [3]. Infrastructure and Trade Growth - The China-Europe Railway Express has surpassed 110,000 trips, facilitating trade worth over 2 billion yuan in a single shipment of smart home appliances to Moscow [4]. - By 2024, trade volume between China and SCO member states is projected to reach a record 890 billion USD, accounting for 14.4% of China's total foreign trade [4]. Innovation and Sustainable Development - China is promoting technological innovation and sustainable development through projects like smart agriculture in Pakistan and renewable energy initiatives in Uzbekistan [5][6]. - The SCO's focus on green energy projects, such as a 500 MW solar power station in Uzbekistan, aims to provide over 1 billion kWh of stable green electricity annually [5]. Digital Economy and E-commerce - The e-commerce market among SCO member states is expected to exceed 3.2 trillion USD in 2024, with a 34% year-on-year increase in cross-border e-commerce imports from these countries to China [6]. - Chinese companies are actively participating in building digital infrastructure, such as 5G networks in Kyrgyzstan, enhancing internet access from 43% to 70% [6]. Collaborative Events and Future Outlook - Recent SCO economic exchange activities, including investment trade fairs and forums, have attracted significant participation, indicating a commitment to deeper regional cooperation [7]. - The SCO continues to evolve, expanding from 6 to 10 member states, and is seen as a platform for promoting a more equitable regional governance vision [8][9]. - The organization is expected to enhance its economic cooperation's value and influence, contributing to global economic stability and prosperity [10].

今年，绿色加速器项目的入围企业中有一半来自中国。艾什利·布朗说，这充分体现了中国可持续发展 生态的活力与成熟度。据悉，中科原动力、微构工场和上海电气等中国企业入围第三届百事公司绿色加 速器项目。中科原动力以"新能源+智能化"为核心技术驱动，聚焦农业机器人与智慧农业解决方案；微 构工场的核心技术是PHA(聚羟基脂肪酸酯)生物材料生产技术，这是基于下一代工业生物制造技术 (NGIB)和自研菌种技术开发的新技术。上海电气的核心技术在于将低谷电或弃电进行储存，并在需要 时通过蒸汽释放能量。 中科原动力首席执行官韩威博士表示："我们希望通过利用智能化技术提升精准作业和数字化管理水 平，促进农业的增产、增效、增收；采用新能源技术实现农业生产的低碳排放以及降低农业生产成 本。"据悉，中科原动力的智能电动拖拉机已在中国的马铃薯农场进行试点，助力生产环节的可持续转 型。这些"零排放"智能电动拖拉机旨在大幅减少对周边环境及农作物的污染，同时帮助提升作业效率， 并降低潜在作业成本。企业方面希望加速技术国际化推广，并对接全球市场资源。 微构工场首席执行官欧阳鹏飞介绍，微构工场着力解决传统塑料污染和碳排放双重挑战。"我们正积极 推进各 ...

Group 1 - The company has completed a climate consultant review of its EMC business and successfully obtained a PIN number, allowing it to generate certified carbon credits for its EMC operations globally once the project review is completed and approved by Verra [1] - For every ton of verified potential CO2 reduction achieved through the EMC business, the company earns one unit of carbon credit, which can be traded on recognized platforms for cash [1] - The company anticipates generating approximately 42,400 tons of carbon credits annually from its EMC business over the initial ten-year period, with the potential for further deployment to increase carbon credit certification [2] Group 2 - The company plans to issue a private climate Islamic bond with a face value of 200 million RMB, approved by the Labuan Financial Services Authority, to fund the development of its EMC business [2] - Islamic bonds are designed based on Islamic financial principles and will be overseen by an Islamic law advisor, combining climate action and sustainable development goals through innovative financing solutions [3] - The climate Islamic bond will feature fixed interest payments and will repay the principal amount at maturity [3]

2025年8月27日，$信和置业(HK0083)公布截至2025年6月30日止的2024/25财政年度全年业绩。在撇除投 资物业公平值变动的影响后，集团股东应占基础溢利为51.18亿港元，每股基础盈利0.58港元。计及投资 物业重估亏损（扣减递延税项）10.84亿港元后，股东应占净溢利为40.19亿港元，每股盈利0.45港元。 董事会建议派发末期股息每股43港仙，与去年持平；连同已派发的中期息每股15港仙，全年合共派息58 港仙。集团于2025年6月30日拥有净现金494.61亿港元，充足的财务实力为稳定派息提供保障，体现公 司持续为股东缔造稳定回报的承诺。 住宅项目销售理想 业绩期内，信和置业应占物业销售总收入达108.13亿港元，较上一年度的88.93亿港元增长21.6%。公司 指出，2025/26年度将有多个住宅项目推售，包括油塘通风楼、元朗「柏珑III」及日出康城第十三期 等。土瓜湾荣光街／崇安街项目则预期于2025年取得预售批文。 在财年结束后，公司已于7月推出元朗「柏珑I及II」及将军澳「凯柏峰」，销售反应热烈，分别售出逾 145个及630个单位。 来源：市场资讯 （来源：真灼财经） 可持续发展获 ...

Core Viewpoint - Guangdong Province successfully issued 2.5 billion RMB offshore local government bonds in Macau, marking the fifth consecutive year of such issuance, which reflects the province's commitment to sustainable development and regional cooperation [1][2] Group 1: Bond Issuance Details - The issuance included three types of local government special bonds with interest rates of 1.63% for 2-year bonds, 1.75% for 3-year bonds, and 1.85% for 5-year bonds, achieving a bid-to-cover ratio of 4.7 times [1] - The 2-year special bond (500 million RMB) is Guangdong's first offshore blue bond, aimed at funding blue projects in the Pearl River Delta, contributing to energy conservation and sustainable water resource management [1] - The 3-year special bond (1.5 billion RMB) will support the Hengqin Guangdong-Macau Deep Cooperation Zone and the 15th National Games, promoting collaboration among Guangdong, Hong Kong, and Macau [1] - The 5-year special bond (500 million RMB) is a green bond, designated for clean transportation and renewable energy projects in the Pearl River Delta [1] Group 2: Economic Impact - The issuance of local government bonds in Macau is expected to accelerate the development of the bond market and modern financial services in Macau, fostering economic diversification and integration into the national development framework [2]

Financial Performance - The company's total revenue increased by 14.3% to RMB 38.54 billion [3, 50] - Profit attributable to equity shareholders increased by 14.5% to RMB 7.03 billion [6, 96] - The company's overall gross profit margin was 63.4%, a 0.7 percentage point decrease [54] - Free cash inflow amounted to RMB 7.55 billion [7] - The company declared an interim dividend per share of HK 137 cents, a 16.1% increase [71, 96] Brand Performance - ANTA brand revenue increased by 5.4% to RMB 16.95 billion [3, 52] - FILA brand revenue increased by 8.6% to RMB 14.18 billion [3, 52] - All other brands revenue increased significantly by 61.1% to RMB 7.41 billion [3, 52] E-commerce and Digitalization - E-commerce revenue increased by 17.6% year-over-year [35] - E-commerce contributed 34.8% to the Group's overall revenue, compared to 32.8% in the first half of 2024 [37] Market Review - Total Retail Sales of Consumer Goods increased by 5.0% from January to June 2025 [12] - The Consumer Confidence Index in June 2025 was 87.9 [12]

株洲旗滨集团股份有限公司 董事会战略及创新发展委员会实施细则 第一章 总则 第一条 为适应株洲旗滨集团股份有限公司（以下简称"公司"）战略发展需求， 保证公司规划和决策的科学性，激发自主创新能力，提升科技创新质量，培育新质生 产力，增强可持续发展能力，董事会下设董事会战略及创新发展委员会（以下简称"战 略委员会"），作为研究、制订、规划公司长期发展战略的专业机构。 第二条 为规范、高效地开展工作，董事会根据《中华人民共和国公司法》（以下 简称"《公司法》"） 《上市公司治理准则》《上市公司独立董事管理办法》《上海证券 交易所股票上市规则》《上海证券交易所上市公司自律监管指引第 14 号—可持续发展 报告（试行）》等有关法律、法规和规范性文件及《株洲旗滨集团股份有限公司章程》 （以下简称"《公司章程》"）的有关规定，制定本细则。 第三条 战略委员会是董事会下设的专门机构，主要负责对公司长期发展战略规划、 重大投融资、科技创新规划和 ESG 相关重大管理事宜进行可行性研究，向董事会报告 工作并对董事会负责。 第四条 战略委员会有权要求高级管理人员对战略委员会的工作提供充分的支持， 并对战略委员会提出的问题尽快做出 ...

东西问｜尼日利亚学者：非中合作成为减贫与促进人权的关键力量 中新社北京8月27日电 题：非中合作成为减贫与促进人权的关键力量 作者 诺胡·约翰·埃格亚(Nuhu John Egya) 尼日利亚律师协会民权委员会全国主席 中国与非洲国家在减贫领域的合作已成为南南合作的重要组成部分，对经济发展与人权保护均产生深远影响。中国通过基础设施投资、农业现代化和工业能 力建设等方式，为多个非洲国家实现经济增长与减贫作出贡献。 习近平主席在2015年11月召开的中央扶贫开发工作会议上指出："经过改革开放37年来的努力，我们成功走出了一条中国特色扶贫开发道路，使7亿多农村贫 困人口成功脱贫，为全面建成小康社会打下了坚实基础。我国成为世界上减贫人口最多的国家，也是世界上率先完成联合国千年发展目标的国家。" 2023年6月29日，正在湖南参加"乡村振兴看湖南"——2023行走中国·海外华文媒体高层湖南行活动的19国华媒代表走进湖南花垣县十八洞村参观。中新社记 者 杨华峰 摄 这表明了中国致力于强调人权议题的决心，而人权保护包括减贫等基本权利。非中合作已成为解决非洲减贫与人权问题的关键力量。中国与非洲的减贫合作 采取了一种多管齐下的 ...

Core Insights - Anta Group's revenue for the first half of 2025 reached RMB 38.54 billion, marking a 14.3% year-on-year increase and setting a new historical high, maintaining its position as the leading sportswear brand in China [2][13] - The combined revenue of Anta Group and Amer Sports exceeded RMB 100 billion, with Anta's revenue surpassing that of its competitors, including Nike China and Adidas China [2][4] Revenue Performance - Anta brand revenue was RMB 16.95 billion, up 5.4% year-on-year; FILA revenue was RMB 14.18 billion, up 8.6%; other brands, including Kolon and Descente, generated RMB 7.41 billion, a significant increase of 61.1% [4] - Amer Sports reported revenue of USD 2.709 billion, a 23.5% increase, with Greater China revenue growing by 42.4% to USD 856 million [4] Store Efficiency and Growth - Anta Group's revenue increased by 163% from RMB 14.669 billion in H1 2020 to RMB 38.544 billion in H1 2025, while the number of stores remained relatively stable, indicating a significant improvement in retail efficiency [6] - New store formats such as "Anta Arena Level" and "FILA Fusion" have enhanced consumer experience and targeted customer engagement [8] Strategic Initiatives - Anta Group emphasizes a strategy of "multi-brand assets + excellent operations + global collaboration" for sustainable growth, including acquisitions of high-potential brands and establishing joint ventures [11] - The acquisition of the German outdoor brand Jack Wolfskin is expected to become a significant revenue growth point in the outdoor sector [11] Research and Development - R&D investment for H1 2025 remained stable at RMB 1 billion, with a cumulative investment of RMB 20 billion over the past decade, and plans for an additional RMB 20 billion over the next five years [12] - Anta Group has established seven design and R&D centers globally, collaborating with over 70 universities and research institutions [12] ESG Performance - Anta Group was included in the Hang Seng ESG 50 Index and ranked in the top 6% of global textile, apparel, and luxury goods companies in the S&P Global Corporate Sustainability Assessment [12] Competitive Landscape - Among China's major sportswear brands, Anta led with a 14.3% revenue growth, while Li Ning reported a 3.3% increase, indicating a strong competitive position [13] - Recent market rumors suggest potential acquisition interest in Puma by Chinese brands, including Anta, although the company has not commented on these speculations [15]

上海晨光文具股份有限公司2025 年半年度报告 公司代码：603899 公司简称：晨光股份 上海晨光文具股份有限公司 上海晨光文具股份有限公司2025 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实性、准确 性、完整性，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人陈湖文、主管会计工作负责人刘佳琦及会计机构负责人（会计主管人员）翟昱 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 董事会决议通过的本报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本报告中所涉及的未来计划、发展战略等前瞻性陈述不构成公司对投资者的实质承诺，请投 资者注意投资风险。 七、 是否存在被控股股东及其他关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况 否 九、 是否存在半数以上董事无法保证公司所披露半年度报告的真实性、准确性和完整性 否 十、 重大风险提示 公司已在本报告中详细阐述公司在生产经营过程 ...