Fundraising Plan - The company plans to raise a total of up to 1,050 million yuan through a targeted stock issuance, with net proceeds allocated to specific projects [1][2] - The total investment for the projects is estimated at 1,792.9986 million yuan, with 190.6592 million yuan already invested [1] Project Overview Integrated Ecological Restoration Project - The project covers an area of approximately 94.7 square kilometers in the central urban area of the Zhangzhou Taiwan Business Zone, aiming to improve drainage facilities and achieve full coverage of the municipal sewage network [2][3] - The project will enhance water quality and living conditions, promoting high-quality ecological development in the region [3][4] Third Water Plant Expansion - The expansion of the Zhangzhou Third Water Plant will increase its capacity from 100,000 m³/d to 200,000 m³/d to meet the growing water demand in the city [8][9] - The project aligns with national policies emphasizing urban infrastructure improvement and water supply security [8][9] Photovoltaic Power Generation Project - The Zhangpu Salt Field 100MW (128.6MWp) photovoltaic project will combine water surface power generation with aquaculture, promoting sustainable energy and ecological practices [12][13] - The project is in line with national energy transition goals and aims to enhance the local renewable energy supply [12][14] Financial Feasibility - The financial internal rate of return for the Third Water Plant expansion is estimated at 6.25%, with a payback period of 14.32 years, indicating good economic viability [11] - The photovoltaic project has a projected internal rate of return of 8.42% and a payback period of 10.53 years, suggesting favorable economic benefits [18] Strategic Alignment - The fundraising and project investments align with the company's strategic focus on expanding its water services and renewable energy sectors, enhancing its market position [4][20] - The projects are expected to improve the company's financial structure, increase asset and net asset scales, and enhance its ability to manage risks [20][21]

Core Viewpoint - The report highlights the financial performance and operational challenges faced by Guangdong ShaoNeng Group Co., Ltd. in the first half of 2025, emphasizing the impact of environmental factors on its energy production and the strategic measures taken to enhance business resilience and growth. Financial Performance - The company's operating revenue for the reporting period was approximately CNY 2.33 billion, representing a year-on-year increase of 6.95% compared to CNY 2.18 billion in the same period last year [2]. - The net profit attributable to shareholders decreased by 41.18%, with basic earnings per share dropping to CNY 0.0907 from CNY 0.1542 [2]. - Total assets at the end of the reporting period were approximately CNY 13.02 billion, a 1.80% increase from CNY 12.79 billion at the end of the previous year [2]. Business Segments Clean Renewable Energy (New Energy) - The company has a total installed capacity of 1,206,900 kW, with hydropower accounting for 680,000 kW (56.34%) and biomass power for 360,000 kW (29.83%) [6]. - The hydropower segment faced challenges due to a 49.80% decrease in water inflow, leading to a significant drop in revenue and profit [9]. - The biomass power segment achieved a revenue increase of 110.09% year-on-year, driven by a 31.43% increase in biomass fuel procurement [9][10]. Ecological Plant Fiber Products - The ecological paper products segment experienced a 27% decline in sales volume due to changes in foreign trade policies, resulting in a revenue drop of 24.49% [11]. - The company is focusing on expanding its overseas market presence and optimizing its production processes to mitigate the impact of declining sales [11][12]. Precision (Intelligent) Manufacturing - The precision manufacturing segment reported a revenue increase of 35.89%, with a significant focus on expanding the electric vehicle parts business [12]. - The company aims to enhance its production capabilities and market share in the new energy vehicle sector, with sales of new energy vehicle components increasing by 227% [8][12]. Strategic Initiatives - The company plans to implement refined management practices and enhance operational efficiency in its hydropower and biomass segments to improve profitability [13]. - There is a strong emphasis on expanding the supply of biomass fuel and increasing the volume of steam supply to industrial clients to boost cash flow [14]. - The company is also focusing on brand building, market expansion, and internationalization across its business segments to drive future growth [14].

股票简称：漳州发展 股票代码：000753 福建漳州发展股份有限公司 论证分析报告 二〇二五年八月 （本报告中如无特别说明，相关用语具有与《福建漳州发展股份有限公司 2025 年度向 特定对象发行 A 股股票预案》中相同的含义） 福建漳州发展股份有限公司（以下简称"漳州发展"或"公司"）是深圳 证券交易所主板上市公司。为满足公司业务发展的资金需求，增强公司的资本 实力和盈利能力，根据《公司法》《证券法》和《上市公司证券发行注册管理 办法》等有关法律、行政法规、部门规章或规范性文件和《公司章程》的规定， 公司拟通过向特定对象发行股票的方式募集资金总额不超过 105,000.00 万元 （含本数），扣除发行费用后将用于：（1）漳州市台商投资区厂网河湖一体化 生态综合整治项目（EPC+O）；（2）漳州市第三自来水厂扩建工程；（3）漳 浦盐场 100MW（128.6MWp）渔光互补光伏发电项目；（4）补充流动资金。 一、本次向特定对象发行 A 股股票的背景和目的 （一）本次向特定对象发行的背景 "十四五"时期，随着供排水由规模化向系统化的发展升级，提质增效降 低漏损率、推行智慧水务将成为推动供水行业技术变革和高质量发 ...

Core Viewpoint - Fujian Zhangzhou Development Co., Ltd. plans to issue A-shares to specific investors in 2025, aiming to raise funds for ecological and renewable energy projects, aligning with national environmental goals and enhancing its market position [1][12][14]. Group 1: Issuance Details - The company intends to issue no more than 30% of its total shares, which amounts to a maximum of 297,444,321 shares based on the current total of 991,481,071 shares [5][22]. - The issuance will target up to 35 specific investors, including the controlling shareholder, Zhanglong Group, which has committed to purchasing at least 20% of the total shares issued [2][16]. - The final issuance price will be no less than 80% of the average trading price over the 20 trading days prior to the pricing date [3][17]. Group 2: Fund Utilization - The total amount to be raised is capped at 1,050 million yuan, with net proceeds allocated to projects such as the ecological comprehensive remediation project and a 100MW photovoltaic project [20][21]. - The ecological project aims to improve urban water quality and enhance the city's environmental standards, while the photovoltaic project will expand the company's renewable energy capacity [12][15]. Group 3: Strategic Context - The issuance aligns with national strategies for ecological civilization and carbon neutrality, positioning the company to capitalize on the growing demand for water resource management and renewable energy solutions [14][15]. - The company aims to leverage its core competencies in water resource development and management to enhance its competitive edge in the market [12][14]. Group 4: Financial and Operational Impact - Post-issuance, the company's total assets and net assets are expected to increase, improving its financial structure and operational capacity [15][20]. - The funds raised will support the company's strategic initiatives, ensuring timely project completion and enhancing overall profitability [14][15].

8月4日，中国机械工业联合会发布数据显示，今年上半年，新能源汽车市场渗透率达44.3%，创同期历 史新高。 洪勇认为，持续激发绿色消费潜力，要多措并举构建绿色消费长效机制：第一，要加强绿色产品的研发 和供给，提高绿色产品的质量和性价比，满足消费者的多样化需求；第二，要加大绿色消费的宣传力 度，提高消费者的环保意识和绿色消费理念，培育绿色消费文化；第三，要完善绿色消费的相关政策和 标准体系，加强市场监管，规范市场秩序，为绿色消费创造良好的发展环境；第四，要推动绿色消费与 绿色生产、绿色流通等环节的衔接，形成绿色发展的良性循环。 近年来，我国绿色消费发展迅速，新能源汽车、节能家电、智能家电、绿色家装等绿色消费产品逐渐成 为更多人的消费选择。 付一夫建议，应优化政策支持，通过实施财政补贴与税收减免等方式鼓励企业进行绿色转型，并建立跨 区域政策协调机制。 今年2月份，国家市场监管总局等五部门印发的《优化消费环境三年行动方案(2025—2027年)》提出"聚 焦数字消费、绿色消费、健康消费等打造新型消费场景"；3月份，中共中央办公厅、国务院办公厅印发 的《提振消费专项行动方案》提出，"加大消费品以旧换新支持力度""推动 ...

7月30日，欣旺达（300207.SZ）正式向港交所递交H股上市申请，这家国内锂离子电池研发制造巨头， 正寻求通过在中国香港上市拓展国际版图。 碳酸锂等原材料价格回升，毛利率承压？ 招股书披露，欣旺达主要从事锂离子电池研发制造业务，在全球积极推进碳达峰、碳中和目标的大背景 下，锂离子电池作为实现这一目标的关键支撑，正受到世界各国的高度重视与大力扶持，发展势头迅 猛，且广泛应用于手机、笔记本电脑、电动汽车、可穿戴设备、动力工具、电动两轮车、智能家居、能 源互联网及储能等领域。本次IPO募集资金拟用于支持公司的国际增长策略，包括在海外建设新生产基 地、扩展全球销售及服务网络以触达国际客户、投入研发巩固技术领先地位等关键领域。 招股书披露的财务数据显示，欣旺达收入从2023年的478.62亿元增长17.0%至2024年的560.21亿元。增 长主要源于海内外业务拓展带来的销量提升，但部分被原材料降价导致的平均售价下降所抵消。 欣旺达主要收入依然来自消费类电池方面。2024年，欣旺达全球手机电池总出货量为4.6亿个，市占率 为34.3%，是全球最大的手机电池厂商。此外，欣旺达全球笔记本计算机及平板计算机电池总出货量为 ...

深耕于聚氨酯材料行业多年， 汇得科技本次推出其IPO之后的首次再融资，意在扩充现有聚氨酯系列产品的产能，巩固公司行业领先地位。 2024年，汇得科技 三大类主要聚氨酯产品产量达23.59万吨，同比增长6.55%；销售量达23.38万吨，同比增长3.16%， 产销率为99.1%。尽管产品价格下 降，但汇得科技通过优化产品结构及成本，实现主要产品销量、毛利率提升。 2024年，汇得科技实现营业收入26.71亿元，同比下降1.51%；归属于上市公司股东的净利润1.25亿元，同比增长95%；主营业务毛利率14.24%，同比增长 2.89个百分点。 值得关注的是， 近年来汇得科技积极探索相关性高分子材料和新能源、汽车领域的应用，寻求新的利润增长点。2024年，汇得科技新能源制件业务实现 营业收入8740.9万元，同比增长42.06%；新能源各类制件产品生产量、销售量同比分别增长82.80%、72.59%。 上市近七年首次计划定增 根据发行预案，汇得科技拟向不超过35名特定对象非公开发行股票数量不超过4223.98万股，募集资金总额不超过5.8亿元，在扣除发行费用后，全部拟用 于聚氨酯新材料项目。 这是汇得科技自2018 ...

8月1日，从中国化学（601117）天辰公司获悉，近日，该公司总承包的工程，随着3#储罐5区最后一方 混凝土顺利浇筑完成，中国化学天辰公司总承包的江苏华电赣榆LNG接收站项目，较原定工期提前31 天完成3座22万方LNG储罐承台浇筑工作。这一关键节点的圆满达成，为后续储罐罐壁施工奠定了坚实 基础，也为项目整体推进赢得了宝贵时间。 作为全国首个由电力央企主导的LNG接收站项目的联合体牵头方，天辰公司项目团队始终锚定"安全零 容忍、质量创国优、进度保节点"工作目标，从"安全、质量、进度"三大关键要素出发，克服6月高温、 多雨气候等困难，提高对关键工序的检查频次，创新推行"关键节点举牌制""智慧AI+""网格化安全管 理"等举措，确保重要分部、分项工程实体质量和外观质量均符合规范标准，将"严、慎、细、实"的要 求贯穿施工全流程，保证承台工程质量与施工安全的全面可控。 据悉，江苏华电赣榆LNG接收站项目总投资约64亿元，该项目由接收站工程、码头工程、外输管道工 程三部分组成。该项目是国家天然气基础设施互联互通的重点工程，项目建成后，将进一步提升江苏省 及长三角地区供气安全性、灵活性及可靠性，优化区域能源结构，助力实现 ...

张达，中国石化镇海炼化公司副总工程师、生产部(调度部)经理。28年前，他从浙江大学化工专业毕业 来到镇海炼化；28年后，他已从一名基层班组外操成长为企业生产调度的"指挥官"。 今年"五一"前夕，张达被评为全国劳动模范。 张达电脑里存着一张全球原油图谱。"渣油被有些企业视为'鸡肋'，但我们偏要做出有价值的产品。"他 说。 作为原油重质化的攻坚者，张达带领团队经过近3年的持续优化，成功建立了一条以沸腾床渣油加氢装 置为核心的重油加工路线。这套装置创下了长周期运行新纪录，并获得法国专利商阿克森斯认证。4年 来，这条原油重质化加工路线最大限度挖掘了未转化油的潜在价值。 张达所在的镇海基地是中国石化四大基地的重要组成部分。在基地庞大的能源链条中，张达一直在琢 磨：如何在宏观层面盘活资源、如何在微观层面确保每一滴原油的最大价值。 张达牵头编制了《镇海炼化2030年前碳达峰方案》，开展清洁能源替代，提升清洁能源供给能力；积极 推进碳资产管理系统建设，做好日常碳排放监控，镇海炼化119套能源装置、917条能源活动数据都被纳 入智能监控；高效落实生物航煤装置试生产工作，成功产出生物航煤合格产品。这项创新技术使我国成 为亚洲第一 ...

Core Viewpoint - E智云 is positioned as a transformative company that integrates energy solutions into the fabric of urban life, focusing on carbon neutrality and sustainable development for China's future [1][3][9] Group 1: Company Vision and Strategy - E智云 aims to build a comprehensive urban energy ecosystem that integrates wind, solar, storage, and battery swapping into a profitable and operational system [4][9] - The company emphasizes the importance of being a reliable partner for cities, focusing on trust and sustainable development rather than merely commercial success [5][9] - E智云 is committed to deep participation in national strategies, transforming foundational projects into reality while ensuring safety and transparency [6][9] Group 2: Energy Infrastructure and Innovation - The company is developing a battery swapping system as a crucial infrastructure component, which is seen as a micro-energy node within urban settings [4][11] - E智云's approach includes creating an open platform for asset models and intelligent scheduling, enabling state management and community investment in energy [8][9] - The vision includes making green energy accessible to all citizens, allowing them to understand and participate in energy value and ownership [7][9] Group 3: Future Aspirations - E智云 aspires to be recognized as a key player in China's smart energy model, contributing to the modernization of green energy practices [9][10] - The company envisions a future where ordinary people can freely use green energy and participate in its value creation [7][9] - E智云 positions itself as a diligent builder of systems, contrasting with those who merely tell stories without execution [9][10]