Core Viewpoint - The company emphasizes its commitment to green and low-carbon development, aligning with China's strategic goals of carbon peak and carbon neutrality [2] Group 1: Environmental Strategy - The company states that the carbon emissions from producing one ton of ethylene using light hydrocarbons are approximately one-third of that from the naphtha route and one-tenth of the coal-to-olefins route, highlighting its significant environmental advantage [2] - The company has released ESG reports for five consecutive years and aims to reduce carbon dioxide emissions by over 2 million tons cumulatively by 2030, using 2020 as the baseline year [2] - The company targets achieving carbon neutrality across its value chain by 2050 [2]

【环球时报报道 记者 佟云翀 钱佳音】"2025从都国际论坛"于12月1日至3日在广州从都国际会议中心召开。全国政协副主席杨震2日出席开幕式并 致辞。来自全球各地约30位前国家元首、政府首脑、国际组织负责人，100多位中外知名专家学者、国际友人和商界领袖等共200多位嘉宾齐聚一 堂，共商全球发展大计。 "从都国际论坛"创办于2014年，已成功举办了九届，现由中国人民对外友好协会、澳中友好交流协会、广东省人民政府和世界领袖联盟共同主 办。论坛旨在深入探讨世界和平、经济发展和文化交流等各领域的重要议题，推动区域和全球合作，是中国与世界深度交流的新型高端平台。 参会嘉宾、罗马尼亚前总理彼得·罗曼对《环球时报》记者表示，当前世界正处于"不确定"时代，切实拥抱合作是消除不确定性、阻止全球性潜在 混乱的唯一途径。共建"一带一路"，四大全球倡议……很高兴看到中方持续努力，向世界展示"合作"为何能成为国际关系中最重要的特质。 本届论坛的重点议题包括：不确定性时代的全球安全挑战，完善全球治理，以理解、包容与合作拥抱多样性，寻求人工智能创新、安全与治理的 平衡，关税冲突下的世界经济发展走势，绿色低碳发展动能等。 "全球性挑战不分 ...

Core Viewpoint - The construction of an energy powerhouse is essential for balancing domestic and international needs, development and security, and advancing Chinese-style modernization [1][2]. Group 1: Energy Supply and Demand - The global energy supply and demand landscape is undergoing significant adjustments due to geopolitical factors, climate change, and energy transition, making energy a priority for national security [1]. - During the "14th Five-Year Plan" period, China maintained its position as the world's largest energy producer with an energy self-sufficiency rate above 80% [2]. - Energy consumption in China is expected to continue its rigid growth, with an estimated annual increase of approximately 600 billion kilowatt-hours [1]. Group 2: Energy Transition Strategy - The construction of an energy powerhouse involves building a robust energy industry chain and innovation system, emphasizing a mix of energy sources including wind, solar, hydro, and nuclear [1][2]. - The transition to green and low-carbon development is crucial, requiring a gradual and orderly phase-out of traditional energy while promoting the rapid establishment of renewable energy sources [2]. - The relationship between energy development and energy conservation must be balanced, focusing on both supply-side green energy development and demand-side energy efficiency improvements [2]. Group 3: Market and Government Relations - The deepening of market-oriented reforms in competitive energy sectors and the improvement of energy pricing mechanisms are necessary to stimulate internal motivation and innovation [3]. - The construction of a clean, low-carbon, safe, and efficient new energy system will accelerate, with a focus on converting more renewable energy sources into green energy [3].

Investment Rating - The report does not explicitly state an investment rating for Guangdong Yussen Energy Technology (002986.SZ) Core Insights - The company experienced a significant decline in net profit, with a 242.57% year-on-year decrease in Q3 2025, resulting in a net loss of 85.84 million yuan. Revenue for the same period was 1.898 billion yuan, down 3.25% year-on-year. For the first three quarters of 2025, revenue totaled 5.343 billion yuan, a decrease of 6.12%, with a net loss of 64.09 million yuan, reflecting a 124.42% decline compared to the previous year [1] - The decline in operating profit was attributed to the impact of typhoons, unstable operations of new facilities, increased material losses due to switching between operations, and low market prices for main products, which compressed profit margins [1] Summary by Sections Latest Developments - In Q3 2025, the company reported a revenue of 1.898 billion yuan, a decrease of 3.25% year-on-year, and a net loss of 85.84 million yuan, a 242.57% decline year-on-year. For the first three quarters of 2025, revenue was 5.343 billion yuan, down 6.12%, with a net loss of 64.09 million yuan, a 124.42% decrease year-on-year [1] Market Expansion and Product Focus - The company aims to focus on high value-added products in the domestic market while continuously expanding into overseas markets. It plans to enhance its international market share by ensuring compliance with environmental and quality standards in target markets [4] Raw Material Supply Advantage - As of August 2025, the company benefits from raw material supply advantages due to the successful production of a 1.6 million tons/year ethylene project by ExxonMobil and ongoing projects by CNOOC and Shell, which will provide more LPG raw materials for the company [4] Project Construction - The company has completed the construction of a 240,000 tons/year maleic anhydride facility in April 2025. A 500,000 tons/year acetic acid and its derivatives facility is expected to be completed in Q4 2025. The company is also planning to expand its carbon four industrial chain through various projects [4]

文 | 央广网 近日， 霍尔果斯经济开发区兵团分区300兆瓦/ 6 0 0兆瓦时浸没式储能电站正式并网运营， 这是兵团首个大型电化学储能电站。 据了解，该电站是四师可克达拉市重点共享储能项目，总投资6 . 2 8亿元，配套新建220千 伏升压站及专用线路，可提供电网调峰、调频、备用容量"三位一体"服务，充分消纳周边 光伏等新能源，预计年上网电量1.2亿千瓦时。 "十四五"以来，四师可克达拉市积极落实"双碳"目标，加快推动发展方式向绿色低碳转 型，大力培育清洁能源与新型储能产业，为构建现代化能源体系、推进绿色低碳发展奠定 坚实基础。 截至目前，该师市电网总装机容量147.5万千瓦，其中新能源装机容量90万千 瓦。 第十四届储能国际峰会暨展览会 ESIE 2026 时间： 202 6年4月1 - 3日 地点： 北京·首都国际会展中心 相关阅读 国家发改委：储能设施项目可申报基础设施REITs！ 2GWh！国内单体容量最大独立新型储能电站建成投运 远景储能冠名B4未来生态馆！解锁储能多场景应用商机 联盟官微 关注政策、项目、企业、市场活动 联盟官方小秘书 入会、入群、产业交流、活动对接 ...

Group 1 - The core viewpoint emphasizes the importance of deepening economic and cultural cooperation between Canada and China, building on their historical trade ties that began in the 1970s with the first wheat exports [1] - Canada is actively seeking to diversify its trade and reduce reliance on the U.S. market, with China being a significant partner in this strategy [1] - Canada aims to learn from China's advancements in rare earth processing and electric vehicle technology, indicating potential areas for collaboration [1] Group 2 - The "2025 Chengdu International Forum" held in Guangzhou gathered over 200 participants, including former heads of state, experts, and business leaders, to discuss global development issues [2] - The forum's theme was "Working Together for a Win-Win Future," covering topics such as global security challenges, governance reforms, and sustainable development [2] - Key discussions included the balance of innovation, safety, and governance in artificial intelligence, as well as the impact of trade and tariff conflicts on global economic trends [2]

Core Viewpoint - Liaocheng is actively promoting the construction of a "waste-free city" as a pilot city, focusing on solid waste management and green development through systematic approaches in regulation, market, technology, and supervision [2][3]. Group 1: Solid Waste Management - The city has collected approximately 36,000 tons of livestock manure and 24,000 tons of agricultural waste, producing over 30,000 tons of biological organic fertilizer [2]. - Liaocheng has implemented mandatory clean production audits in high-energy-consuming industries, achieving a comprehensive utilization rate of over 75% for industrial solid waste [3]. - The city’s industrial solid waste utilization model has been recognized as a typical case by the Basel Convention Asia-Pacific Regional Center [3]. Group 2: Agricultural Waste Reduction - The city promotes the use of biodegradable films and advanced agricultural techniques to reduce pesticide usage and enhance fertilizer efficiency, with a stable resource utilization rate of over 90% for livestock manure [4]. - Initiatives include the establishment of a comprehensive network for the collection and utilization of agricultural waste, including dead livestock [4]. Group 3: Municipal Solid Waste Management - A "source reduction, front-end sorting, and end-use recycling" model has been adopted, achieving a resource utilization rate of 87% for municipal solid waste [5]. - The city has established a robust recycling network with 260 recycling enterprises and has successfully recovered 333,000 old appliances since the launch of the "old-for-new" program [5]. - The construction and management of construction waste have been significantly improved, addressing long-standing challenges in this area [5].

"十四五"以来，我国生态文明建设进入了以降碳为重点战略方向的关键时期，牢固树立和践行绿水青山就是金山银山的理念，推动绿色低碳转型取得历史性 成就。 非化石能源跃升发展。我国实现了全球规模最大、速度最快的新能源发展。非化石能源发电装机规模实现翻番，风电、太阳能发电总装机提前达成2030年国 家自主贡献目标。 习近平总书记指出，推动经济社会发展绿色化、低碳化，是实现高质量发展的关键环节。"十四五"以来，在习近平生态文明思想科学指引下，我国着力推动 经济社会发展全面绿色转型，协同推进降碳、减污、扩绿、增长，阔步迈向人与自然和谐共生的中国式现代化。 《联合国气候变化框架公约》第三十次缔约方大会（COP30）11月在巴西贝伦举行。在13天的谈判中，中国坚持多边主义，推动大会就减缓和适应气候变 化、气候融资、国际合作等多项关键议题达成共识，为《巴黎协定》的持续实施注入了确定性和正能量。 今年是《巴黎协定》达成十周年，也是提交新一轮国家自主贡献的重要节点。习近平主席在联合国气候变化峰会上宣布我国2035年国家自主贡献目标，历史 性地扩展到全经济范围、包括所有温室气体，彰显了我国作为世界绿色发展坚定行动派、重要贡献者的大国担 ...

此次改造并非推倒重建，而是在保障区域持续供电的前提下，进行的一场高难度的"心脏不停跳搭桥手 术"。电力分公司明确了"安全可靠、清洁高效、智能可控"三大目标，推动变电站实现系统性跨越。 改造中，户外敞开式开关场升级为全室内200千伏GIS设备，结构更紧凑，抗恶劣环境能力全面提升； 倒闸操作实现计算机远程一键执行，大幅降低人为风险。同时，变电站增强了系统调度灵活性，为"火 电+绿电+储能"多元协同运行提供关键支撑，初步建成区域清洁电力汇集与调节枢纽。此外，通过部署 在线监测设备，构建起实时感知与诊断体系，运维模式由"被动检修"转向"主动防控"。 胜利油田滨海区域蕴藏着丰富的陆海油气资源，这里年产原油达807万吨，占油田总产量的34%，接近 全国年产量的4%。区域内电网结构完善、风光热资源富集，用能场景多元，已成为传统能源与清洁能 源融合创新、高效利用的"决胜主战场"。 肩负为滨海区域输送不竭动力重任的，正是220千伏新孤变电站——这座油田电压等级最高、规模最大 的枢纽变电站，堪称区域电网的"心脏"。 据了解，新孤变电站已持续运行超过30年，承担着海洋、孤东等六家开发单位的供电任务，年转供电量 达16亿千瓦时，占全 ...

今日摘要 《求是》杂志发表习近平总书记重要文章《推进党的自我革命要做到"五个进一步到位"》。 应习近平邀请，法国总统将访华。 系列报道《新思想引领新征程·非凡"十四五"》今天播出：推动绿色低碳发展，助力中国式现代化。 系列报道《学习贯彻四中全会精神在基层》今天来看：北京、江西深化数据资源开发利用，推动高质量 发展。 今年以来，一系列政策举措加力实施，持续激发民间投资活力。 今年我国快递业务量已突破1800亿件，创历史新高。 五部门联合开展医养结合促进行动。 多国人士表示，高市早苗的错误言论凸显日本政治右倾化加剧的趋势，国际社会须对此高度警惕。 内容速览 《求是》杂志发表习近平总书记重要文章《推进党的自我革命要做到"五个进一步到位"》 12月1日出版的第23期《求是》杂志发表中共中央总书记、国家主席、中央军委主席习近平的重要文章 《推进党的自我革命要做到"五个进一步到位"》。 应习近平邀请 法国总统将访华 应国家主席习近平邀请，法国总统马克龙将于12月3日至5日对中国进行国事访问。 【新思想引领新征程·非凡"十四五"】推动绿色低碳发展 助力中国式现代化 2025年"读懂中国"国际会议在广州举办 11月30日至1 ...