Core Viewpoint - The event held in Hangzhou emphasizes the importance of green and low-carbon development as a crucial part of China's economic and social planning, advocating for collective action to combat climate change and promote sustainable practices [4][5]. Group 1: Green Low-Carbon Development Initiatives - China has implemented a comprehensive "1+N" policy framework to achieve carbon peak and carbon neutrality, focusing on energy structure adjustment, carbon market establishment, and enhancing carbon sink capabilities [4]. - The event featured the release of significant reports, including the "2025 Product Carbon Footprint Management System Progress Report" and the "2024 China Climate Change Adaptation Progress Report," highlighting advancements in carbon management [5]. - Zhejiang province showcases successful green transformation initiatives, such as converting bamboo into carbon sinks and recycling plastic bottles into high-end products, demonstrating that green transformation is a core driver of high-quality development [5][7]. Group 2: Technological Innovations in Low-Carbon Development - Hangzhou has introduced innovative technologies like quadruped robots for environmental monitoring, significantly reducing carbon emissions and enhancing emergency response efficiency [8][9]. - The city has achieved a notable reduction in energy consumption, with GDP energy consumption dropping to 0.25 tons of standard coal, while the share of non-fossil energy continues to rise [9]. - The establishment of a comprehensive intelligent monitoring network in Yuhang district integrates AI and environmental governance, promoting effective pollution reduction and carbon management [10]. Group 3: Community Engagement and Sustainable Practices - The event encourages community participation in low-carbon practices, with initiatives like household waste recycling carbon reduction accounting systems and carbon accounts for residents [10]. - The promotion of green consumption is evident, with products like West Lake Longjing tea and Qiandao Lake water receiving carbon labels, reflecting a growing trend towards sustainable consumer choices [9]. - Yuhang district has developed a low-carbon international community, integrating low-carbon principles into urban planning and fostering a collaborative approach to environmental protection [10].

孙瑞哲说，我国纺织业绿色发展正在发生重大变革，除了绿色电力使用占比持续扩大外，依托先进 解聚技术、化学回收技术和生物转化技术，传统废弃物重新进入生产循环；新材料发展正在减少对传统 石化原料的依赖，绿色资源成为结构性优势。 我国纺织业是一个以中小企业为主的行业，供应链长且分散。国家气候中心主任巢清尘认为，纺织 业应开展生物基与循环技术创新，建立全生命周期碳管理体系，并与化工等行业开展跨行业的合作。 "推动纺织业专精特新中小企业向绿色低碳转型，具有重要的现实意义。"中国纺织规划研究院副院 长郭宏均说，专精特新企业在行业绿色低碳转型过程中，能聚焦关键领域、关键技术，如绿色低碳纤维 材料技术、绿色印染技术、废旧纺织品循环利用等，促进上下游企业协同参与绿色低碳发展，推动产业 链、供应链的绿色化改造。 科技日报北京6月25日电 （记者李禾）6月25日是"全国低碳日"，在当天召开的"2025气候创新·时尚 大会"上，中国纺织工业联合会会长孙瑞哲表示，我国纺织工业从末端治理到全链优化，从线性消耗到 循环利用，"降碳、减污、扩绿、增长"一体发展、系统推进，2005年—2022年行业碳排放强度下降超 60%，为全球气候治理贡献了 ...

雄安新动力科技股份有限公司 2024 年年度报告全文 雄安新动力科技股份有限公司 【2025 年 6 月】 雄安新动力科技股份有限公司 2024 年年度报告全文 公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的真 实、准确、完整，不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和 连带的法律责任。 公司负责人程芳芳、主管会计工作负责人齐龙龙及会计机构负责人(会计 主管人员)孙琳声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 公司在本报告第三节"管理层讨论与分析"中"十一、公司未来发展的 展望"部分，详细描述了公司经营中可能存在的风险及应对措施，敬请投资者 关注相关内容。 公司经本次董事会审议通过的利润分配预案为：以 0 为基数，向全体股东 每 10 股派发现金红利 0 元（含税） ，送红股 0 股（含税） ，以资本公积金向全 体股东每 10 股转增 0 股。 雄安新动力科技股份有限公司 2024 年年度报告全文 第三节 管理层讨论与分析 第四节 公司治理 第五节 环境和社会责任 第六节 重要事项 第七节 股份变动及股东情况 第八节 优先股相关情况 ...

Group 1: Climate Change and Its Impact - Sichuan's average temperature in 2024 reached 16.4℃, 1.2℃ higher than the previous record, marking the highest since 1961 [1] - Climate change, characterized by warming, is identified as one of the most pressing global challenges [1] Group 2: Green and Low-Carbon Transition in Industries - The cement industry is a major source of CO2 emissions in Sichuan, prompting a shift towards green and low-carbon practices [2] - Ba Zhong Conch Cement Co. improved energy efficiency by 8% through technological innovation, while Zi Gong Jinlong Cement Co. reduced fuel usage and achieved solid waste resource utilization [2] Group 3: Development of Green Industries - Sichuan is focusing on developing green low-carbon industries such as photovoltaics, power batteries, and hydrogen energy, aiming to establish a world-class lithium battery and photovoltaic industry base [3] - The added value of green low-carbon industries in Sichuan grew by 10.2% year-on-year, with investment in these industries increasing by 1.3 percentage points [3] - Renewable energy power generation capacity exceeded 100 million kilowatts, with over 70% of renewable energy being consumed [3] Group 4: Climate Adaptation Initiatives - A carbon footprint management system is being established to promote greenhouse gas reduction throughout the product lifecycle [4] - Sichuan has initiated climate adaptation projects, including the construction of sponge cities and a modern water network to enhance resilience against extreme weather [4] - The province has built 14 automatic greenhouse gas monitoring stations, creating a nationwide monitoring network [4] Group 5: Ongoing Efforts in Green Transition - Sichuan will continue to optimize energy, industry, and transportation structures while deepening ecological reforms and controlling greenhouse gas emissions [5]

Core Viewpoint - The event in Hangzhou on June 25, 2025, showcased China's significant achievements and practices in addressing climate change, emphasizing the importance of green transformation as a new engine for economic and social development [1][2]. Group 1: Achievements in Climate Change Response - China has made substantial progress in green and low-carbon development, integrating it into national economic and social planning [3]. - By April 2025, installed capacity for wind and solar power exceeded 1.5 billion kilowatts, with clean energy rapidly increasing its share [4]. - The national carbon emissions trading market has seen a cumulative transaction volume of 664 million tons, with voluntary emission reductions reaching 2.15 million tons [4]. Group 2: Green Technology and Innovations - Qingdao Jifa Group has developed a waterless dyeing technology that saves 100,000 tons of water annually [6]. - In Jiangsu, a smart low-carbon industrial park has reduced carbon emissions per unit of output by nearly 60% through advanced technologies [7]. - The "Hydrogen Electric Tugboat" developed in Shandong is expected to reduce carbon emissions by over 1,500 tons annually [7]. Group 3: Public Engagement and Lifestyle Changes - The energy efficiency labeling system, covering 45 product categories, has become one of the most extensive and effective in the world [9]. - Community initiatives, such as plastic waste recycling in Taizhou, have provided additional income for residents while promoting environmental sustainability [9]. - Increasing public participation in waste sorting and green practices reflects a growing commitment to low-carbon living [9]. Group 4: Future Directions and Opportunities - The transition to a green and low-carbon economy is seen as essential for achieving high-quality development and addressing ecological challenges [8][10]. - Emphasizing the integration of low-carbon principles into daily life and production processes is crucial for building a sustainable future [10].

中新网北京6月25日电(记者陈杭)北京市碳市场已平稳运行11个履约周期，碳排放配额线上成交均价保 持稳中有升趋势，从开市之初的50元/吨左右逐步上涨至2024年的111元/吨。碳市场有效驱动了企业减排 行为——配额短缺单位通过购买配额完成碳排放控制任务，配额富余单位可出售盈余配额获取收益。这 是记者25日从"全国低碳日"北京主场活动上获悉的。 6月25日是第十三个"全国低碳日"，今年低碳日主题为"碳路先锋、绿动未来"。 活动现场，北京市生态环境局应对气候变化处三级调研员李春梅做了"排碳有成本、降碳有收益"的主旨 报告，全面介绍了北京碳市场成效。 碳市场是利用市场机制积极应对气候变化、加快经济社会发展全面绿色低碳转型的重要政策工具。北京 市2013年启动碳排放权交易试点建设，已构建起以地方性法规和政府规范性文件为基础、多项技术标准 和指南配套支撑的碳交易政策法规体系。年度碳排放总量5000吨以上的重点排放单位纳入管理，涵盖电 力、水泥制造、石油化工、热力供应、公共交通、其他工业和服务业等行业，涉及重点碳排放单位约 900家，碳排放总量约4500万吨。 记者了解到，北京碳市场联动绿电交易，重点碳排放单位成为绿电消 ...

当日，中国纺织信息中心发布的《中国纺织业脱碳可再生能源投资可行性研究报告》(下称《报告》)显 示，中国作为全球纺织服装生产和消费的核心枢纽，其纺织纤维加工量占全球总量50%以上，纺织工业 年碳排放量约占全国总量的2%。 《报告》认为，中国纺织行业推进的全面电气化，正将终端减碳的关键需求转向电力供应侧。从能源结 构来看，纺织行业排放主要源于能源使用，其中煤炭消耗产生的排放占比已从 2005年的35%大幅下降 至3%。与此同时，随着行业电气化水平持续提升，电力使用导致的排放占比从12%攀升至62%。 中国纺织工业联合会推进的"30·60碳中和加速计划"显示，绿色电力（绿电）作为核心减碳路径之一， 其应用在纺织企业中正快速增长。2022年调研数据显示，已有66%的制造企业和25%的品牌企业开始使 用绿电；绿电在企业总用电量中的占比也从2020年的1%上升至8%。 （原标题：孙瑞哲：2005年——2022年纺织工业行业碳排放强度下降超60%，近两年继续下降14%） 中国纺织工业联合会会长孙瑞哲在6月25日召开的"2025气候创新·时尚大会"上表示，2005年——2022年 中国纺织工业行业碳排放强度下降超过60%，近 ...

卖方宏观研究，舞动漫天彩绸固然是一种本事，剪取庭前小枝也需要视角与功底。 以下文章来源于川阅全球宏观 ，作者林彦 邵翔 川阅全球宏观 . 文 | 林彦 邵翔 来源 | 川阅全球宏观 编辑 | 杨兰 审核 | 浦电路交易员 我们一直认为：作为一个慢变量，宏观应该是经济和金融市场中相对容易预测的部分。但在经历了近期的市场波动后，外界也许更加理解我们为什么会说： 今年预测不到的事，远比我们自认为能预测的事要多。当"百年未有之大变局"下遇到了历史上数一数二"善变"的美国总统，全球宏观研究员和外贸企业突然 成为了同一拨"被害者"。唯一能庆幸的是相比后者，至少我们不用安排自己的产品"海面两万里"（抢转口或是出口）。 目前看来，今年中间这两个季度可能是作为这个"乱纪元"中最混乱的一个阶段。 对市场有着深刻影响的因素包括但不限于：全球关税战 +减税支出再平衡+美联储独立性+美国三权分立争端+全球央行节奏错位+中东地缘政治冲突等。市场关注的宏观内容几乎涵盖了所有的社 会科学范畴。而我们的学习迭代能力完全跟不上事态变化的速度。所以我们觉得最合理的对策是： 着眼当下，对即将到来的三季度做有限 的预测（而且主要是偏长期的逻辑，然后看 ...

Core Insights - New energy storage is a crucial area for developing domestic energy new formats and seizing international strategic heights, with Shenzhen Longgang's storage companies leading the charge through technological innovation and business model adaptation [1] Group 1: Technological Innovations - Shanhe Power is conducting extreme cold tests on lithium battery systems, achieving energy densities comparable to "solid-state battery prototypes" [1] - Wenshu Innovation's EP Cube system integrates smart monitoring via a mobile app, allowing users to manage energy generation, storage, and consumption in real-time [4][6] - Flying Saucer Power's storage systems are designed to withstand extreme weather conditions, featuring IP65 waterproof standards, ensuring operational integrity in harsh environments [8] Group 2: Cost and Efficiency - Wenshu Innovation's EP Cube weighs only 38 kg, addressing installation cost issues and allowing for flexible capacity expansion from 5 kWh to 20 kWh [6] - Shanhe Power's AGV battery pack operates at 2400W, maintaining over 85% efficiency in extreme cold conditions, showcasing the company's focus on performance under challenging environments [10] - The energy storage systems from Flying Saucer Power can replace significant amounts of fossil fuels, with a 100 MW system generating 120 million kWh annually, equivalent to replacing 36,000 tons of coal [11] Group 3: Business Models and Market Expansion - Wenshu Innovation's success in high-end markets is attributed to its comprehensive energy management solutions, leading to a significant increase in overseas orders [16] - Flying Saucer Power emphasizes a "full lifecycle service" model, ensuring stable and efficient operation for international clients, enhancing its reputation in competitive markets [18] - Shanhe Power collaborates with Intel to develop AI chips for battery management systems, aiming for over 99% predictive accuracy, which enhances product performance and competitiveness [20] Group 4: Policy Support and Industry Growth - The Longgang District government has introduced supportive policies for the new energy storage industry, including funding for key technology breakthroughs and international market expansion [20]

Core Viewpoint - The introduction of 5 billion yuan in strategic investments by Seres Group's subsidiary, Seres Automotive, aims to strengthen its capital structure and support its ambitious production goals, despite facing competitive pressures in the automotive market [2][3][5]. Group 1: Investment and Financial Structure - Seres Automotive has successfully raised 5 billion yuan from nine strategic investors, increasing its registered capital to 10.637 billion yuan [2]. - The capital increase is intended to enhance Seres Automotive's capital strength and reduce its debt-to-asset ratio, which stood at 76.83% as of Q1 2025, above the industry average [3]. - The company reported a net cash outflow of 7.6 billion yuan in Q1 2025, indicating significant short-term repayment pressure, which the new funding could alleviate [3]. Group 2: Production Capacity and Goals - The capital injection is also aimed at expanding production capacity, with Seres Group targeting an annual production and sales volume of one million units for its "Wenjie" brand within three years [3][4]. - The company has three factories with a total designed annual capacity of 600,000 vehicles, and the utilization rate of its facilities reached 98.93% in the first nine months of 2024 [3]. Group 3: Strategic Partnerships and Market Position - The new investors include major state-owned banks and industry funds, which are expected to enhance supply chain collaboration and resource integration for Seres Automotive [4]. - The partnership with state-owned entities may improve the valuation of Seres' upcoming Hong Kong IPO, which was initiated on April 28, 2024 [4]. - Despite the positive developments, Seres Group faced a 22.92% year-on-year decline in sales, totaling 108,800 vehicles from January to May 2025, and its R&D expenditure as a percentage of revenue fell to 3.2%, below the industry average of 5%-8% [5].