公开资料显示，陈保国于2016年1月加入西部利得基金，现任公司权益投资部联席总经理、投资总监。 1月30日，西部利得基金发布公告称，基金经理陈保国因个人原因分别离任西部利得碳中和混合发起基金、西部利得汇鑫6个月持有期混合基金、西部利得景 瑞混合基金、西部利得绿色能源混合基金4只基金。至此，陈保国名下再无其他在管基金。 | 离任基金经理姓名 | 陈保国 | | --- | --- | | 离任原因 | 个人原因 | | 离任日期 | 2026年1月30日 | | 转任本公司其他工作岗位 | | | 的说明 | | | 是否已按规定在中国基金 | 是 | | 小协会办理变更手续 | | | 是否已按规定在中国基金 | 是 | | 业协会办理注销手续 | | 截至2025年末，西部利得碳中和混合发起基金持有股票占比为89.56%，持有债券占比为0.35%，前十大持仓个股分别为多氟多、盛新锂能、天赐材料、中矿 资源、骄成超声、金盘科技、宁德时代、亿纬锂能、华盛锂电、大金重工。 陈保国在西部利得碳中和混合发起基金2025年四季报中表示，四季度碳中和板块内部有所分化，锂电材料、碳酸锂、AI数据中心、商业航天相关产业链标 ...

（文章来源：每日经济新闻） 碳中和50ETF国泰（159861）跟踪的是环保50指数（930614），该指数从中国A股市场中选取与环境保 护相关的领先企业，涵盖清洁能源、污染防治、资源循环利用等行业，以反映绿色经济领域内具有代表 性的公司表现。指数样本强调环境友好型技术和可持续发展策略的应用，通常具备良好的成长性和较高 的社会责任感。 国泰海通证券指出，数据中心光储配套与太空光伏有望成为新一轮设备扩产的重要催化因素。算力需求 提升推动数据中心对稳定、低成本、可复制的光伏+储能方案需求加速增长，地面光伏装机逻辑从电力 驱动逐渐转向算力驱动。同时，低轨卫星与太空算力发展带动太空光伏进入产业化验证阶段，对高效 率、轻薄柔性等提出更高要求，打开高端制造及定制化设备增量空间。随着SpaceX申请部署百万颗卫 星以构建轨道AI数据中心网络，光伏作为太空场景的重要能源供给方式，有望在轨道数据中心建设过 程中获得更多应用机会，相关光伏设备厂商将持续受益。 ...

目前，在我国熟悉用户用能特性，掌握能源规划、转化、智能控制等技术，并具备能效 碳排放 评估，通晓末端节能 减碳 、投资、建设、运营等跨 学科专 业 应用 人才匮乏， 严重影响各能源企业向综合能源服务转型和发展的进程。为此，中国能源报社 特 开 展 《分布式能源规划员》（综合能源服务方向）培训 ,参加培训并经考核合格者，由人力资 源和社会保障部 社会保障能力建设 中 心 颁 发 《 分 布 式 能 源 规 划员 》 （综 合 能 源 服 务 方 向）培训证书。 一、培训 形式 及时间 培训 地点 : 线上 培训 时间： 202 6年2 月10日— 13日 二、培训组织机构 主办单位： 人力资源和社会保障部 社会保障能力建设 中心 关于 举办 《分布式能源规划员》（综合能源服务方向）培训通知 各企事业单位： 《中华人民共和国能源法》 提出，鼓励发展分布式能源和多能互补、多能联供综合能源 服务，提高终端消费清洁化、高效化、智能化水平。多能联供综合能源服务 成为现代能 源产业发展的重要方向和实现碳中和的重要路径。 电力、冷热、用户之间的关系变得越来越紧密，打破不同能源品种单独规划、设计、运行 的传统模式，实现横向 " ...

1. Report Industry Investment Rating - No information provided 2. Core Viewpoints of the Report - Last week, Shanghai Aluminum first rose and then fell. The main contract increased by 1.11%, closing at 24,560 yuan/ton on Friday. Under the goal of carbon neutrality, production capacity is controlled in the long - term. Domestic real estate restrains demand, but opportunities for aluminum to replace copper should be noted. Currently, the demand is in the off - season, and later consumption changes should be monitored [3]. - From the perspective of the domestic fundamentals, last week, LME inventory was 495,725 tons, showing a slight increase compared with the previous week, and SHFE weekly inventory increased by 19,718 tons to 216,771 tons [3]. 3. Summary by Relevant Catalogs 3.1 Market Review - Last week, Shanghai Aluminum first rose and then fell. The main contract increased by 1.11%, closing at 24,560 yuan/ton on Friday. The demand is in the off - season, and later consumption changes should be monitored. LME inventory was 495,725 tons with a slight increase, and SHFE weekly inventory increased by 19,718 tons to 216,771 tons [3]. 3.2 Fundamentals (Inventory Structure) 3.2.1 Supply - Demand Balance - The report provides the China annual supply - demand balance sheet for aluminum from 2018 to 2024 (in 10,000 tons). In 2018, production was 3,609, net imports were 7.03, apparent consumption was 3,615.03, actual consumption was 3,662.63, and the supply - demand balance was - 47.6. From 2019 to 2023, there were varying degrees of supply - demand deficits, with the largest deficit of - 68.61 in 2019. In 2024, there will be a supply - demand surplus of 15 [11]. 3.3 Market Structure 3.3.1 Spot - Futures Price Difference - No specific content provided 3.3.2 Import Profit - No specific content provided

1月30日，港交所披露，台铃科技股份有限公司（下称"台铃科技"）正式向香港联合交易所递交上市申请。中信 证券及招商证券为联席保荐人。 国内电动两轮车市场份额第三，9个月收入超148亿 台铃科技成立于2018年，是一家专注于绿色、低碳和智能出行的电动轻型交通工具制造商，产品涵盖电动自行 车、电动摩托车、电动三轮车及配套电池等配件。截至2025年9月30日，公司已推出50款电动自行车、38款电动 摩托车及3款电动三轮车，覆盖通勤、配送、休闲运动等多元出行场景。 受益于全球"碳中和"倡议推进、各国环保政策支持及消费端绿色出行需求升级，电动轻型交通工具行业迎来快 速发展期。根据弗若斯特沙利文数据，2024年全球电动轻型交通工具市场规模达2632亿元，2020-2024年复合年 增长率18.3%，预计2029年将增至5059亿元，2025-2029年复合年增长率约11.7%。 根据弗若斯特沙利文数据，按2024年收入计，台铃科技在全球电动轻型交通工具市场位列第三，市场份额约 5.2%；在中国内地电动两轮车市场排名第三，市场份额达12.7%。凭借技术优势，公司受邀参与《电动自行车节 能认证技术规范》（GB17761-20 ...

Core Viewpoint - The article emphasizes the importance of digitalization and intelligence in reshaping the future of the power system, highlighting China Datang Corporation's commitment to becoming a world-class energy supplier focused on green, low-carbon, and efficient energy solutions [2][53]. Company Overview - China Datang Corporation Limited, established on December 29, 2002, is a centrally managed state-owned enterprise with a registered capital of 37 billion yuan, primarily engaged in electricity, coal, finance, environmental protection, and emerging industries [4][53]. - The company has 46 subsidiaries and two directly affiliated institutions, including five publicly listed companies [4]. Business Operations - China Datang operates the largest thermal power plant in the world and the largest operational wind farm, with a total installed capacity exceeding 200 million kilowatts by the end of 2024 [5]. - The company has a significant presence in 31 provinces and regions in China, as well as in countries like Myanmar, Cambodia, Laos, and Indonesia [5]. Recruitment Information - The 2026 campus recruitment program is aimed at attracting recent graduates to contribute to the new energy system, with a focus on positions in production, technology, and management [54][55]. - The recruitment process includes resume submission, screening, exams, interviews, and health checks [54]. Salary and Benefits - The average annual salary for fresh graduates is around 120,000 yuan, with master's graduates in high-performing units potentially earning between 170,000 to 200,000 yuan [60]. - Benefits include various insurances, housing funds, and allowances, as well as opportunities for professional development and training [61][62][74]. Talent Development - The company promotes a talent philosophy that emphasizes responsibility and opportunity, aiming to create a fair environment for employee growth [74]. - A comprehensive training system is in place, including mentorship programs, personalized development plans, and opportunities for cross-departmental experience [76][80].

2026 年 2 月 2 日 晨会速递 分析师点评 市场数据 总量研究 【宏观】开年经济成色几何？——2026 年 1 月 PMI 点评 1 月制造业、非制造业景气度均落入收缩区间，重点关注几点变化：一是，受天气转 冷、临近春节人员返乡以及年末需求提前释放等因素影响，经济活动呈现季节性放缓； 二是，海外备货旺季结束，出口景气度回落，装备制造业有所承压；三是，新旧动能 分化加大，高技术制造业持续扩张，消费品制造业景气度落入收缩区间；四是，原材 料价格涨幅明显快于产成品价格，对部分企业利润有所影响。 【宏观】沃什将如何重塑政策路径与市场预期？——解构美国系列第十八篇 1 月 30 日，特朗普提名凯文·沃什为新一届美联储主席。在政策观点上，其支持进一 步降息，但对美联储扩表持谨慎态度，绝非纯粹"鸽派"，美联储后续或呈现"降息 与缩表并行"的政策组合。从资产反应来看，市场更多交易其反对扩表的"鹰派"一 面，黄金与美股出现明显回调。我们认为，沃什上台后并不会快速推进缩表进程，节 奏上"降息在前，缩表在后"，当前市场无需对流动性过于"恐慌"。 【策略】关注业绩，持股过节——2026 年 2 月策略观点 我们认为，本轮春季 ...

Investment Rating - The investment rating for the steel industry is Neutral, maintained [6] Core Insights - The steel industry accounts for approximately 15% of the national carbon emissions, making it the highest carbon-emitting manufacturing sector. The implementation of low-carbon steelmaking is a significant challenge for Chinese steel companies [2][4] - The "carbon peak" target was first proposed in 2020, evolving into a policy of stabilizing crude steel production. The current deepening of carbon neutrality policies may accelerate the elimination of outdated production capacity in the steel industry [2][4] - As the Spring Festival approaches, demand and production are slowing down, leading to a low inventory and low expectation state in the steel market. The overall market is characterized by low production, low inventory, and low expectations, awaiting macro or industrial catalysts [4] Summary by Sections Section 1: Market Dynamics - Demand continues to weaken with a year-on-year decrease of 2.02% and a month-on-month decrease of 0.67% in apparent consumption of major steel products [4] - Steel production has slightly increased, with a year-on-year rise of 2.19% and a month-on-month rise of 0.48% in total steel output [4] - Total steel inventory has increased by 1.57% month-on-month and 13.05% year-on-year [4] Section 2: Policy and Regulatory Environment - The carbon intensity reduction target has been a binding indicator since the 12th Five-Year Plan, with a projected reduction of about 7.8% by the end of 2024, which is below expectations [4] - The Ministry of Ecology and Environment has released a carbon emission trading market allocation plan for the steel, cement, and aluminum industries, marking a significant step towards operationalizing carbon control policies [4] Section 3: Investment Opportunities - Short-term focus on energy-saving and carbon-reduction modifications in existing blast furnace-converter processes is a practical choice for steel companies [5] - Long-term investment opportunities may arise in electric arc furnace steelmaking and hydrogen metallurgy as the dual carbon policy deepens [5]

Group 1 - Multiple LOFs experienced a collective trading halt for one hour, indicating a surge in arbitrage interest among investors [1] - Fenglong Co. announced the resumption of its stock trading after a halt due to abnormal fluctuations, with a remarkable 456.34% increase in stock price over a period of 18 consecutive trading days [2][19] - Several actively managed equity funds saw their scale increase from less than 100 million to over 1.5 billion within a quarter, capitalizing on investment opportunities in hot sectors like energy storage and resources [3][20] Group 2 - In January, equity ETFs faced a net outflow of nearly 800 billion, with 12 broad-based ETFs experiencing outflows exceeding 11 billion each, totaling 939.74 billion [6][23] - Nearly 80% of investors are optimistic about the market in 2026, with significant profits reported in 2025, particularly from sectors like artificial intelligence [7][24] - The domestic market for duty-free shopping in Hainan has shown strong growth, with cumulative shopping amounts reaching 10.05 billion, a year-on-year increase of 25.32% since the new policy implementation [14][30][31] Group 3 - The 3D printing industry is witnessing a resurgence, with a 52.5% year-on-year increase in equipment production in 2025, driven by advancements in technology and market demand [16][33] - The penetration rate of new energy heavy trucks in China surpassed 50% for the first time, with sales reaching 231,100 units in 2025, marking a 182% increase year-on-year [17][34]

● 本报记者杨梓岩 公司前身北京华电光大环保技术有限公司成立于2013年2月，2016年4月整体变更为股份有限公司，2017 年6月29日挂牌新三板。公司目前注册资本1.3亿元。公司控股股东为北京华电光大新能源环保技术有限 公司，实际控制人为贾文涛。贾文涛持有华电新能（600930）源51.46%的股份，通过华电新能源及其 一致行动人控制公司68.42%股份的表决权。 公司表示，其所属产业系国家鼓励发展、大力支持的战略性新兴产业，随着我国"碳达峰、碳中和"目标 的提出，催化材料与应用技术将在"双碳"目标实现过程中发挥重要作用。近年来，国家陆续颁发多项催 化剂产业及其所属新材料行业政策，有关部门对催化剂及新材料行业的支持以及政策不断推进与实施， 将持续助力我国催化剂行业的稳健发展。 1月29日，北交所网站显示，北京华电光大环境股份有限公司IPO获得受理。这是2026年首家获受理的 北交所IPO申报企业。华电光大主营大气污染物治理新型催化材料的研发、生产与销售，属于国家重点 支持的新材料与节能环保领域高新技术企业。公司本次拟公开发行不超过3220万股，募集资金约2.6亿 元。 在"双碳"政策推动下，催化材料行业迎 ...