彭博社称，度假者正在积极应对气候变化带来的影响。越来越多的人不再局限于希腊、葡萄牙等传统热 门旅游目的地，转而选择前往气候更温和的地方。全球奢华旅游网络维塔士（Virtuoso）的旅行顾问表 示，他们的客户因气候变化调整了旅行计划。今年夏天，欧洲的热浪一度导致包括雅典卫城和巴黎埃菲 尔铁塔在内的众多旅游景点关闭。根据欧盟委员会的一项研究，夏季和初秋，欧洲北部沿海地区的旅游 需求可能会增长5%以上，而南部部分地区的游客数量将减少近10 %。这种趋势很可能会在全球范围内 出现。今夏的高温导致东京迪士尼度假区的游客数量大幅减少，美国主题公园运营商六旗娱乐公司也表 示，包括极端高温在内的恶劣天气导致其第二季度亏损近1亿美元，同时降低了收入预期。与此同时， 南极洲、挪威和冰岛等地的游客数量大幅增加。 这种变化背后，旅行者并不仅仅是为了避暑，他们也在寻求符合可持续发展价值观的目的地。AInvest 网站称，气候变化为那些推行可持续发展模式的地区带来了机遇。（陈欣） 【环球时报综合报道】随着气候变化对旅游需求的影响越来越明显，全球旅游业格局正发生巨变。据美 国AInvest网站23日报道，地中海和东南亚的传统热门旅游胜地曾 ...

Financial Data and Key Metrics Changes - The company reported a strong first half performance with underlying EBITDA of NZD 86.7 million, up 43% year-over-year [3] - Underlying NPAT increased by 48% to NZD 56.9 million, while NPAT attributable to shareholders rose by 72% to NZD 48.9 million [3][4] - Net debt decreased by NZD 14.4 million to NZD 67.5 million as of June 30, 2025, reflecting income from earnings and proceeds from the sale of orchards [7][8] Performance by Business Lines - The Global Proteins division maintained steady performance with underlying EBITDA of NZD 29.7 million, consistent with the previous year [6] - The Horticulture division achieved exceptional results with underlying EBITDA of NZD 53.2 million, up 77% due to increased apple volumes and favorable pricing [7][11] - Logistics reported underlying EBITDA of NZD 6.1 million, a 60% increase attributed to higher freight volumes [12] Market Data and Key Metrics Changes - The horticulture division's total own growing export volumes are forecasted to be 3.7 million TCEs, a projected increase of around 21% compared to 2024 [11] - The Asia and Middle East markets are expected to account for approximately 85% of total fruit sold, with strong demand anticipated due to supply shortages [11] Company Strategy and Industry Competition - The company is focused on strategic growth initiatives, particularly in horticulture and logistics, leveraging investments in premium apple varieties targeted at key markets [5][16] - The logistics division is actively seeking opportunities to expand its freight forwarding model, enhancing connections with global operations [25] Management's Comments on Operating Environment and Future Outlook - Management expressed caution regarding the global proteins division due to geopolitical uncertainties and tariff impacts, but remains confident in medium-term growth initiatives [15][22] - The company anticipates continued diversification of earnings and growth in global protein and logistics sectors [16] Other Important Information - The company is developing new sustainability targets following the successful delivery of 2024 milestones, focusing on emissions reduction and employee support policies [13][14] Q&A Session Summary Question: Can you discuss the performance of global proteins projects? - Management noted strong performance from the new plant in Melbourne and the second toll processing plant in North America, with ongoing projects expected to contribute positively by the end of the year [20][21] Question: What factors are included in the updated guidance range? - The guidance reflects caution around macroeconomic conditions and tariff uncertainties, with a steady demand for pet food expected to return to historical growth rates [22][23] Question: What does the growth outlook for logistics look like? - The company is optimistic about the logistics sector, actively seeking to ramp up operations and connect with global supply chains [25] Question: Can you provide specifics on horticulture's EBITDA and impact for the year? - The company expects a flat second half for horticulture, with more fixed and variable costs compared to the previous year [30] Question: What are the drivers of global proteins growth in FY 2028 and beyond? - Management indicated that both organic growth and potential acquisitions will drive future growth, with opportunities in fish and poultry markets being explored [46][48]

从党政干部到上市公司掌门人，对西藏之"高"均了然于心，并致力于在"特"上挖掘潜力、力图破局。 在优化营商环境的探索中，西藏立足高原实际打出"组合拳"：出台《西藏自治区优化营商环境条例》 等，明确要求政府诚信履约、保护企业产权、规范监管；发布《市场监管领域轻微违法行为依法不予行 政处罚清单》，对初次违法且未造成危害的行为免予处罚，代之以教育、约谈等柔性措施，切实减轻小 微企业合规压力；制定《西藏自治区综合执法事项清单》，统筹各部门联合执法，解决"重复检查、多 头执法"问题。就在近日，西藏98名营商环境特邀监督员正式获聘"上岗"。一系列措施层层发力，有效 减少了政府部门对企业正常经营的干扰，让经营主体活力持续释放。 地理环境的特殊性、生态系统的脆弱性，叠加自然资源的独特性，决定了西藏复制东部发展模式行不 通。唯有跳出路径依赖，立足高原禀赋择"高"处立，聚焦特色优势向"特"处行，方能在守护生态底线前 提下，走出一条适配雪域高原的可持续发展之路。 西藏之"高"，在于资源、产业和资本等维度呈现出独特的高原特色。西藏蕴藏着丰富的矿产，拥有清洁 能源、自然风光等资源，构成发展的核心禀赋，而高海拔、广地域、氧气稀薄等特征，也 ...

编者按 "绿水青山就是金山银山"，习近平总书记20年前在浙江工作时提出的"两山"理念，已成为习近平 生态文明思想的核心理念，这一理念，深刻阐明了经济发展和生态环境保护的关系，既是重要的 发展理念，也是推进现代化建设的重大原则。它深刻重塑了中国的发展轨迹，成为生态文明建设 的重要指引，也为全球可持续发展提供了中国智慧和中国方案。本期《思想周刊》特邀请四川的 专家学者，分享"两山"理念对全国全球生态治理转型的启示意义，同时也展示四川创造性地把 对"两山"理念的认识转化成为生产绿色产品、发展绿色经济的创新实践，以飨读者。 "两山"理念的价值意蕴 ●"两山"理念从中国生态文明建设的客观实际和丰富实践出发，创造性地发展了马克思主义关于人 与自然关系的思想、关于生产和生态辩证统一关系的思想，找到了人与自然和谐共生的中国式现 代化发展之路，引领中国实现发展范式的历史性变革，推动生态文明建设发生历史性、转折性、 全局性变化，并为全球可持续发展和环境治理贡献力量 □沈超群 "两山"理念摒弃了机械论自然观，创造性发展了马克思主义劳动价值论和自然生产力理论，将生 态资源纳入生产力范畴。传统发展观往往只看到"绿水青山"的物质形态和生 ...

Core Insights - The release of the new generation language model DeepSeek-V3.1 has heightened market interest in the semiconductor industry, emphasizing the importance of sustainability for long-term competitiveness [1] - A study of 50 selected semiconductor stocks revealed an ESG report disclosure rate of 66%, with higher ESG ratings among companies with larger market capitalizations [2][3] ESG Reporting and Ratings - Among the 50 semiconductor companies, 33 disclosed their ESG reports for 2024, with 9 out of the top 10 companies achieving ESG ratings of B+ or higher [2] - Chip design companies predominantly received B ratings, with 17% achieving A ratings, indicating a need for improved disclosure quality [2][3] Governance and R&D Investment - High human capital density and R&D intensity in the semiconductor sector necessitate strong corporate governance for long-term success [3] - Notable companies like Cambricon and SMIC have established robust governance structures, including ESG committees and multi-tier governance frameworks [3] - Cambricon's R&D investment for 2024 is projected at 1.072 billion yuan, representing 91% of its revenue, the highest among the 50 companies analyzed [3] Environmental Impact and Carbon Emissions - The semiconductor industry is energy and resource-intensive, with significant carbon emissions during manufacturing, particularly from perfluorocarbons (PFCs) [6] - In 2021, semiconductor devices were estimated to generate 500 million tons of CO2 equivalent emissions over their lifecycle, with 15% from upstream activities and 65% from downstream processes [6][7] Water and Resource Management - Water resource management and renewable energy usage are critical for the semiconductor industry, with companies like SMIC and Huada Jiutian making strides in these areas [8][9] - SMIC has implemented water-saving projects and disclosed its water consumption intensity, while Huada Jiutian has established a rooftop solar power system [8][9] Market Dynamics and Regulatory Environment - The downstream market is pressuring the semiconductor industry to reduce carbon footprints, with major tech companies committing to supply chain carbon neutrality [10][11] - Regulatory frameworks like the EU's Carbon Border Adjustment Mechanism (CBAM) and TCFD guidelines are pushing semiconductor companies to enhance their sustainability disclosures [11][12] Conclusion - The semiconductor industry's sustainable development is crucial for its future, with ongoing pressures from environmental challenges and market demands driving innovation and transformation [12]

招商局南京油运股份有限公司 董事会战略与可持续发展委员会工作规则 第一章 总则 第一条 为适应招商局南京油运股份有限公司（以下简称公司） 发展战略需要，保证公司发展规划和战略决策的科学性，增强公司的 可持续发展能力，根据《中华人民共和国公司法》《上市公司治理准 则》《招商局南京油运股份有限公司公司章程》（以下简称《公司章 程》）及其他有关规定，公司特设立董事会战略与可持续发展委员会， 并制定本规则。 第二条 董事会战略与可持续发展委员会主要负责对公司长期 战略和重大投资决策、可持续发展事项等工作进行研究并提出建议。 第二章 人员组成 第三条 战略与可持续发展委员会由 5 名董事组成。 第四条 战略与可持续发展委员会委员由董事长、二分之一以上 独立董事或者全体董事的三分之一提名，并由董事会选举产生。 第五条 战略与可持续发展委员会设主任委员一名，负责主持委 员会工作，由董事会选举产生。 第六条 战略与可持续发展委员会任期与董事会任期一致，委员 任期届满，可连选连任。期间如有委员不再担任公司董事职务，自动 失去委员资格，并由委员会根据上述规定补足委员人数。 第七条 公司董事会办公室为战略与可持续发展委员会日常办 ...

Summary of the Conference Call for 康龙化成 (Crown Bioscience) Company Overview - 康龙化成 reported a revenue growth of 9.5% year-on-year in the first half of 2025, with new orders increasing by over 10% [2][3] - The company achieved a revenue of 33.42 billion yuan in Q2, representing a 13.9% year-on-year increase, while net profit attributable to shareholders was 3.96 billion yuan, down 55.2% year-on-year [2][3] Financial Performance - Total revenue for the first half of 2025 reached 64.41 billion yuan, a 14.9% increase year-on-year [3] - Adjusted net profit for the same period was 7.56 billion yuan, a 9.5% increase year-on-year [3] - The company expects to maintain a revenue growth target of 10% to 15% for the full year 2025 [4][8] Business Segments Performance Laboratory Services - Laboratory services accounted for 60% of total revenue, growing 15.5% year-on-year, with a gross margin maintained at 44%-45% [2][5][11] - The company participated in 795 global drug discovery projects, with significant growth in new molecular type projects [11][20] CMC (Contract Manufacturing Organization) Services - CMC small molecule CDMO services represented 22% of total revenue, with an 18.2% year-on-year growth and a gross margin of 30.2% [2][12] - The company reported a significant increase in new orders, with a 20% year-on-year growth in new contracts [12][18] Clinical Services - Clinical services accounted for 15% of total revenue, with an 11.4% year-on-year growth and a gross margin of 12.3% [2][13] - The company is managing 1,027 clinical projects, including 89 Phase III trials [13][14] Large Molecule and CGT (Cell and Gene Therapy) Services - Revenue from large molecule and CGT services was 1.13 billion yuan, a 5.8% year-on-year decrease, but a 14.3% increase quarter-on-quarter [15] - The company is involved in 22 different development stage CG products, including commercial projects [15] Market Dynamics - The company reported strong growth in MNC (Multinational Corporation) revenue, which increased by 48% [4][16] - The overseas market is showing signs of recovery, while the domestic market is improving but not fully recovered [4][21] Technological Advancements - 康龙化成 is enhancing its AI capabilities by acquiring a controlling stake in 海兴智慧 and establishing a joint R&D center with Zhejiang University [7][23] - The company is integrating AI technology into clinical data management to improve service efficiency [7][14] Sustainability Initiatives - The company has achieved an MSCI ESG rating of AA and is actively pursuing energy-saving and emission reduction strategies [9][10] Future Outlook - 康龙化成 expects to achieve positive free cash flow for the second consecutive year in 2025 [4][8] - The company is optimistic about maintaining strong growth in laboratory services and CMC projects in the second half of the year [22][24] Key Takeaways - 康龙化成 is positioned for continued growth with a focus on expanding its service offerings and leveraging new technologies [24] - The company is committed to sustainability and improving its market position through innovative solutions and strategic partnerships [9][10][24]

近日，广东、浙江等多地快递企业相继调高电商客户发货价格，每票上涨0.3元至0.7元，并设立1.4元/ 单的"底线价格"。这一变动虽看似微小，却折射出中国快递行业正在从持续多年的"价格战"中逐步抽 身，迈向更加理性、可持续的发展阶段。 本次调价并非单纯的市场行为，而是在国家邮政局明确反对"内卷式竞争"的政策背景下推进的结构性调 整。快递行业长期陷于恶性价格竞争，尤其是以"通达系"为代表的加盟制企业，在单量考核机制驱动 下，甚至出现"0.8元发全国"的亏损价。这种模式虽短期内助推电商繁荣，却严重侵蚀快递网点与快递 员的合理收益，最终损害的是整个生态的健康与服务质量。 从宏观视角看，此次涨价释放出几个重要信号： 一是政策调控开始见效。政府通过会议与座谈明确传递"反内卷"导向，推动企业从"以价换量"转向"以 质取胜"。这说明在平台经济强化监管的整体环境中，快递作为基础设施行业，其定价机制和竞争秩序 已进入国家层面的视野。 二是行业正在寻求成本与服务的再平衡。1.4元/单的底线价被业内视为"不亏本"的红线，这也反映出快 递企业正试图扭转"量增价跌"的畸形局面。尽管短期内电商商家面临成本上升压力——如文中所述，有 商家月 ...

Group 1: Core Perspectives - The Shanghai Cooperation Organization (SCO) is focusing on sustainable development cooperation among member states, aiming for a prosperous future amidst geopolitical conflicts and trade barriers [1][2] - 2025 is designated as the "Year of Sustainable Development" for the SCO, emphasizing high-quality alignment of development strategies among member countries [1] Group 2: Infrastructure Connectivity - The SCO serves as a significant platform for the Belt and Road Initiative, enhancing regional connectivity and trade facilitation through infrastructure cooperation [2] - In the first seven months of 2025, China's import and export volume with SCO member states reached 677.4 billion yuan via land transport, a 7.4% increase, and 251.01 billion yuan via air transport, a 44.6% increase [2] Group 3: Economic Transformation and Upgrading - The SCO facilitates the sharing of agricultural technology and industrial collaboration, promoting the optimization of supply chains and enhancing economic sustainability [3] - Uzbekistan is adopting Chinese drip irrigation technology to improve cotton yields, while Kazakhstan is diversifying agricultural production through order-based farming models [3] Group 4: New Development Opportunities - The SCO countries are diversifying cooperation in green technology and digital infrastructure to support sustainable development [5] - The construction of a 100 MW solar power plant in Kazakhstan exemplifies successful green energy collaboration, aiding the transition to a low-carbon economy [5] Group 5: Digital Economy and Innovation - The establishment of the "Silk Road E-commerce" service base aims to enhance cross-border e-commerce and logistics, fostering innovation in the digital economy [5] - The implementation of 5G networks in Kyrgyzstan and digital healthcare platforms in Tajikistan demonstrates the impact of digital cooperation on improving local services [5][6]

今天想跟各位金融人说几句心里话， 希望大家看完后都能重视起来。 平时大多是在和大家聊金 融行业内的那些事，今天想跟大家深度分享分享 与我们未来前途相关的事情。 2025年7月10日， 中国绿色金融市场再迎重磅信号 ：最新数据显示，仅上半年绿色债券发行规模已突破1700亿大关！政策东风劲吹， 绿色信贷、转型金融需求井喷 ， 一个肉眼可见的超级风口正席卷而来 。 7月14日，人民银行发布《绿色金融支持项目目录》 可以说，当前作为席卷全球的新概念， ESG在整个金融圈也是彻底是火了起来！ 它 不仅是证书，更是金融人打开 绿色财富之门的密钥 。 也 已然成为大家 跳出金融 内卷漩涡，借绿色就业潮求职转型 的最佳选择 。 有人两月拿下ESG就收到了某金融机构高薪offer 。 之所以想让各位重视这个新兴领域 ，也是因为 金融领域 与ESG的关系日益紧密 ， 并且随着当前国家政策要求 各大上市公司强制披露ESG报告， 作为金融和银行资 管从业者重视ESG不仅是顺应监管趋势 ， 更是为我们未来 成功开展业务的 必备技能和核心竞争力。 | · 年报中的ESG:通常仅覆盖基础合规内容(如环境处 | | | | | | | -- ...