Core Insights - The forum emphasizes the importance of green development and the exchange of experiences between Hainan and Guizhou, both designated as national ecological civilization pilot zones [2][3] - Hainan is exploring ways to monetize ecological value, while Guizhou has made significant progress in integrating big data into ecological governance [3][4] Group 1: Green Development Initiatives - Hainan has developed new industries such as wind power equipment manufacturing and biodegradable plastics, enhancing its green industrial base [2] - Guizhou's forest coverage has increased from 47% in 2012 to 63.3% in 2024, showcasing its commitment to ecological development [3] - The forum highlighted innovative themes such as AI and green development, showcasing Guizhou's achievements in green innovation [2] Group 2: Collaborative Opportunities - Both provinces can learn from each other in areas like ecological value transformation, institutional innovation, and digital governance [3] - Guizhou's experience in developing a robust big data industry can serve as a model for Hainan to enhance its digital ecological civilization [4] - There is a broad scope for cooperation in ecological tourism, comprehensive river basin management, and ecological compensation mechanisms [3] Group 3: Future Directions - Hainan aims to implement a "2+N" flagship project strategy and establish mechanisms for realizing ecological product value [4] - The province is committed to high-quality ecological environment protection to support the construction of its free trade port [4] - The 20th anniversary of the "Green Mountains and Clear Water are Gold and Silver Mountains" concept highlights the growing recognition of ecological advantages in economic development [4]

行 业 研 究 行 业 定 期 报 告 截至 2025 年 7 月 4 日，秦港 5500K 动力末煤平仓价 623 元/吨， 周环比+0.5%，内蒙古、山西产地价持平、陕西产地价小涨。截至 2025 年 7 月 4 日动力煤 462 家样本矿山日均产量为 566.1 万吨，环比+6.7 万吨。本周电厂日耗小涨，电厂库存大涨，秦港库存微涨，截至 6 月 30 日，动力煤库存指数为 194.3（-2.0），同比已转负。非电方面，甲 醇、尿素开工率分别为 88.2%（-3.1pct）和 84.3%（-1.5pct），仍处于 历史同期偏高水平。 截至 7 月 4 日，京唐港主焦煤库提价 1230 元/吨，周环比持平，山 西、河南、安徽产地价格持平。截至 7 月 4 日，523 家样本矿山精煤日 均产量 73.9 万吨（+0.1 万吨），年同比-3.5%，532 家精煤库存 409.6 万吨（-53.5 万吨），年同比+44.4%；甘其毛都蒙煤通关量 7.7 万吨（-1.9 万吨），年同比-49.0%；日均铁水产量 240.8 万吨（-1.6 万吨），年同 比+0.6%。本周焦炭价格持平、螺纹钢价格小涨，大型焦化开工 ...

证 券 研 究 报 告 长青集团（002616）深度研究报告 推荐（首次） 火电项目存预期差，生物质项目或迎扭亏机 遇，与中科系合作打开未来成长空间 公司研究 [ReportFinancialIndex] 主要财务指标 | | 2024A | 2025E | 2026E | 2027E | | --- | --- | --- | --- | --- | | 营业总收入(百万) | 3,786 | 3,815 | 3,954 | 4,055 | | 同比增速(%) | -4.6% | 0.8% | 3.6% | 2.6% | | 归母净利润(百万) | 217 | 330 | 352 | 395 | | 同比增速(%) | 36.3% | 52.4% | 6.6% | 12.1% | | 每股盈利(元) | 0.29 | 0.44 | 0.47 | 0.53 | | 市盈率(倍) | 21 | 14 | 13 | 11 | | 市净率(倍) | 1.6 | 1.4 | 1.3 | 1.2 | 资料来源：公司公告，华创证券预测 注：股价为 2025 年 7 月 4 日收盘价 供热或其他 2025 年 07 月 0 ...

Core Viewpoint - Under the "dual carbon" goals, China's energy sector is entering a critical phase of green transformation, facing challenges such as collaborative development consensus, resource layout optimization, and policy refinement [1] Group 1: Green Energy Transition - Over the past five years since the "dual carbon" goals were proposed, China has rapidly emerged as a global hub for green technology, with key products like photovoltaic components and wind power equipment capturing over 70% of the global supply chain [3] - The cost of photovoltaic power generation has decreased by 90% over the past decade, with current costs being half that of coal-fired power generation [3] - The renewable energy installed capacity target was achieved six years ahead of schedule, and the market penetration rate for new energy vehicles reached 5% eleven years earlier than planned [3] Group 2: Global Economic Challenges - The International Monetary Fund has lowered its global economic growth forecast for 2025 to 2.8%, while the U.S. government has exited the Paris Agreement and is reducing subsidies for new energy, impacting global green transformation [3] Group 3: Reform and Stability in Energy Systems - China needs to continue reforms in key areas, particularly addressing the stability challenges posed by a high proportion of new energy integration into the power grid [4] - On the supply side, there is a need to accelerate the design and construction of a new power system that is primarily based on new energy [4] - On the demand side, transitioning from energy consumption dual control to carbon emission dual control is essential, with quantifiable targets for carbon emissions [4] Group 4: Future Growth and Competitiveness - For the "14th Five-Year Plan" and beyond, maintaining a moderately rapid growth rate is crucial for the development of the green low-carbon industry [4] - China's stable economic growth in recent years has significantly contributed to the rapid rise of the green low-carbon industry, which is necessary for achieving economies of scale, increasing R&D investment, and enhancing competitiveness [4]

随着"双碳"战略的持续深化，建筑行业正积极向绿色低碳、智能高效的发展模式转变。近年我国陆续出 台《"十四五"建筑节能与绿色建筑发展规划》等系列政策文件，重点推进建筑节能降碳与智慧化运维体 系建设，特别强调要加快建筑智慧节能技术的创新突破，促进人工智能技术与暖通系统的深度结合，为 建筑行业绿色低碳转型提供技术支撑。 复旦大学国际金融学院党总支副书记、副院长高华声近日在"楼宇科技TRUE大会"上指出，覆盖多元领 域的智能建筑是产业生态繁荣的关键引擎，"绿色智慧楼宇与金融活水的双向奔赴，会激发出更巨大的 市场潜能"。 需要注意的是，随着房地产市场进入深度调整期，既有建筑的节能绿色化改造也在不断推进。美的楼宇 科技国内营销公司市场总监谢翠华向《华夏时报》记者强调，在"双碳"目标下，"存量市场肯定是行业 未来一个大的趋势。"其认为，设备和系统的能效提升、尤其是暖通系统的提升在建筑领域需求较 大，"也可以很直接，能快速地看到（改造）效果"。 AI驱动建筑行业数智化转型 建筑行业正加紧向高质量、智能化、绿色化转型。全国工程勘察设计大师，中国建科院首席科学家、专 业总工徐伟认为，经济社会正在全面绿色转型，"要实现从传统能源到 ...

[Table_Title] 5 月份全国风电利用率 93.2%，全国天然气表观消 费量同比增长 2.4% 2025 年 7 月 5 日 5 月份全国风电利用率 93.2%，全国天然气表观消费量同比增长 2.4% 【】【】[Table_Industry] 公用事业—电力天然气周报 [Table_ReportDate] 2025 年 7 月 5 日 15666646523.tcy 证券研究报告 行业研究——周报 [Table_ReportType] 行业周报 [Table_StockAndRank] 公用事业 投资评级 看好 上次评级 看好 [Table_Author] 左前明 能源行业首席分析师 执业编号：S1500518070001 联系电话：010-83326712 邮 箱：zuoqianming@cindasc.com 李春驰 电力公用联席首席分析师 执业编号：S1500522070001 联系电话：010-83326723 邮 箱：lichunchi@cindasc.com 邢秦浩 电力公用分析师 化工行业： 执业编号：S1500524080001 联系电话：010-83326712 邮 箱：xingq ...

Group 1 - China has been referred to as the world's first "Electric Power Kingdom," reflecting its significant position in the global electricity industry [1] - In the previous year, China's total electricity generation exceeded 10 trillion kilowatt-hours, accounting for over one-third of global electricity production, which is 2.5 times that of the United States and five times that of India [1] - It is estimated that this year, China's newly added power generation capacity will reach 450 million kilowatts, maintaining its status as the world's largest power generator with a projected share of 33.9% of global electricity generation by early next year [1] Group 2 - China is rapidly optimizing its energy structure to achieve its "dual carbon" goals, with clean energy usage rising, and wind and solar power capacity surpassing coal power for the first time [2] - China's nuclear power capacity has ranked first globally for 18 consecutive years, showcasing its strong competitiveness [2] - Last year, new energy storage capacity reached 73.76 million kilowatts, and the number of hydrogen stations is also leading globally [2] Group 3 - China not only has an electricity surplus but is also exporting excess power to neighboring countries, enhancing its geopolitical influence [4] - Electricity exports currently cover 14 countries, including Mongolia, Thailand, Vietnam, and others, with some countries becoming heavily reliant on China's electricity supply [4] - This electricity trade not only supports the economic development of neighboring countries but also strengthens China's geopolitical standing [4] Group 4 - Globally, there are 45 commercial ultra-high voltage transmission lines, with China operating 42 of them, facilitating international energy cooperation [6] - Projects like Egypt's Benban solar park and Pakistan's Mehran DC project demonstrate China's role in redefining geographical and economic boundaries through energy [6]

新华财经北京7月5日电（王菁）中新社国是直通车4日举办"能源中国——全面加速绿色能源转型推动协 同发展"活动。多位与会专家表示，低碳绿色产业已成为中国以及全球经济增长的重要驱动力。中国能 源绿色低碳转型步伐加快，成为全球能源转型领域的重要引领者。 能源基金会首席执行官兼中国区总裁邹骥表示，绿色低碳已成为中国经济增长动能。当前，围绕着绿色 低碳的能源科技产业革命已经到来，中国正站在历史的风口。 邹骥指出，中国新能源科技产业革命爆发具有五个基本条件：一是规模经济；二是完整的制造业体系和 产业链生态；三是完善的基础设施，电力、交通运输、热力系统、通讯、移动互联网；四是工程人才培 养与储备；五是总体适当的产业政策体系。 邹骥强调，要深化改革，坚定走向能源转型。促进向新型电力系统的转变，加快部署绿色低碳技术、特 别是高比例非化石能源发电技术。一方面发挥市场机制配置现有资源的作用，另一方面要体现对新质生 产力的鼓励。 能源基金会战略规划主任傅莎表示，自"双碳"目标提出五年来，中国已构建起完善的"1+N"气候政策体 系，为绿色低碳转型提供了坚实保障。碳中和产业投资空间广阔。 傅莎说，为实现碳中和目标，2025年至2060年 ...

中新社北京7月4日电 (记者 王梦瑶)今年是《巴黎协定》达成10周年，也是中国"双碳"目标提出5周年。 面对当前全球绿色转型受到的冲击，业内看好中国将提供确定性。 在中新社国是直通车4日主办的"能源中国——全面加速绿色能源转型 推动协调发展"活动上，多位与 会专家持上述观点。 国务院发展研究中心原副主任刘世锦表示，美国政府退出《巴黎协定》并着手削减新能源补贴等，冲击 全球绿色转型。对此，中国的明确态度是"不能退"。他指出，坚持绿色转型不动摇，首先是坚守一个基 本理念，即绿色转型是人类社会无法回避的共同选择，"这个大的方向不能变，也变不了"。中国的"双 碳"目标明确可信、长期稳定。可信的目标激励可以有效引导市场参与者的长期预期，让最有创新活力 的民营企业成为主要参与者，激发创新从而快速形成规模经济。 能源基金会首席执行官兼中国区总裁邹骥指出，新能源科技产业革命的"主战场"在中国。中国依托比较 优势，通过产业化、研发迭代的过程，推动了全球能源转型成本下降，站在全球供应链的关键位 置。"中国拥抱了这次产业革命，成为这次科技革命的参与者、践行者。" 全球能源互联网发展合作组织副秘书长周原冰指出，"十四五"期间，中国电 ...

空中俯瞰南京江宁开发区管委会，从两栋办公楼到大数据中心，从公共连廊区域到车棚，深蓝色光 伏发电组件见缝插针用足所有能利用区域。近日，这处由屋顶光伏、廊道柔性光伏、发电玻璃等多形式 分布式光伏项目组成的南京市首个公共机构全场景微电网项目投运，总面积约3810平方米，每年可发 87.52万度绿电，减少碳排放约667.8吨。 在全省各地，这样的项目正不断落地、并网、投用。3年来，江苏公共机构分布式光伏建设在集中 统一推进中实现跨越式发展，不仅取得越来越好的节能效益，也在越来越广的范围内发挥着绿色低碳引 领示范作用。 集中统一招标建设，解决规模差异矛盾 实现"双碳"目标，公共机构特别是党政机关应当做好示范。2021年底，国家四部门联合印发方案， 明确要求公共机构充分利用适宜场地安装光伏。次年，江苏即全面启动公共机构分布式光伏建设探索与 实践。 此前，抓住整县试点机遇，南通市党政机关、各级中小学校等公共机构积极参与，按照公共建筑屋 顶光伏安装比例不低于40%的标准推进分布式光伏项目建设，发挥公共机构示范引领作用。"这是个相 互促进的过程。"南通市机关事务管理局节能处处长高昕锋告诉记者，"十四五"以来，南通6个县（市、 ...