Core Viewpoint - The establishment of a carbon footprint management system is essential for promoting green transformation and enhancing international competitiveness in response to global carbon pricing policies [1] Group 1: Carbon Footprint Management System - The Chinese government aims to establish a carbon footprint management system by 2027 and further improve it by 2030, addressing the need for a unified accounting standard and certification system [1] - The current challenges include a lack of standardized accounting methods, insufficient local databases, and low levels of international recognition [1] Group 2: Standard System Construction - A layered and collaborative standard system is necessary to address the fragmentation of current industry standards and improve international alignment [2] - Focus on key industries such as steel, cement, and aluminum to develop specific standards that reflect the unique characteristics of different sectors [2] Group 3: Emission Factor Database - The creation of a diverse emission factor database is crucial for ensuring the credibility of carbon accounting [3] - A national-level database is set to launch in 2025, supplemented by local and industry-specific databases to support accurate carbon footprint calculations [3] Group 4: Certification and Application Mechanism - A unified carbon footprint certification system is being developed to enhance transparency and drive low-carbon transformation across supply chains [4] - The certification process will prioritize products with high export potential and government procurement [4] Group 5: Value Creation from Carbon Footprint - Encouraging companies to integrate carbon footprint data into their procurement processes can enhance collaboration across the supply chain [5] - Financial institutions are being supported to create differentiated pricing products based on carbon footprints, promoting low-carbon financing options [5] Group 6: International Cooperation - Active participation in international carbon governance is essential, especially in light of the EU's Carbon Border Adjustment Mechanism (CBAM) [6] - Establishing mutual recognition frameworks for carbon footprint data with major trading partners can reduce compliance costs for companies [6]

长江商报消息 作为金融市场的重要中介和参与者，证券公司在ESG发展中扮演着双核心角色。一方 面，证券公司自身作为企业需要践行ESG。另一方面，作为资本市场的看门人和引导者，证券公司在推 动整个经济体系的ESG转型方面发挥重要作用。 特别是头部券商依旧发挥引领作用，如中信证券、中金公司、华泰证券、国泰君安、招商证券等，在 ESG战略、业务整合、报告质量上处于领先地位，并设立了专门的ESG职能部门。 长江商报资本战略研究院注意到，在"双碳"目标引领下，证券公司在环境（E）领域，尤其是绿色金融 相关业务中进展显著、成果突出。 根据中国证券业协会发布的数据，2024年，作为绿色债券主承销商（或资产证券化产品管理人）的证券 公司共50家，承销（或管理）148只债券（或产品），合计金额1674.05亿元。其中，资产证券化产品69 只，合计金额961.64亿元。 从具体机构看，头部券商表现尤为活跃。2024年，中信建投、中信证券、中金公司主承销（或管理）绿 色债券（或资产证券化产品）的规模分别为391.99亿元、263.72亿元、89.56亿元。 以中信证券为例，2024年，中信证券共承销绿色债券（含碳中和）517亿元，承 ...

Core Viewpoint - The article discusses how Tonggu County in Jiangxi Province has successfully transformed ecological value into economic value through innovative systems, industry cultivation, financial support, and talent assurance, marking the 20th anniversary of the "Green Mountains and Clear Water are Gold and Silver Mountains" concept. Group 1: Ecological Value Transformation - Tonggu County has established the first county-level GEP (Gross Ecosystem Product) accounting system in Jiangxi, which quantifies ecological value into economic terms, addressing challenges in measuring, mortgaging, trading, and realizing ecological products [1][2]. - The GEP accounting system consists of a "1+3" framework, linking a county-level general ledger with detailed accounts at the town, village, and industry levels, allowing for precise ecological value assessment [2]. Group 2: Innovative Practices and Economic Growth - The first pilot village for GEP accounting, Ping Tian Village, demonstrated a per capita GEP of 262,000 yuan, leading to successful applications for green credit and the establishment of over 20 businesses [3]. - The "small class management" model encourages collaboration among government, leading enterprises, village collectives, and farmers, resulting in the circulation of 490,000 acres of forest land and a transaction amount of 450 million yuan [4]. Group 3: Industry Development and Economic Impact - Tonggu County has developed 73,000 acres of Huangjing (a medicinal plant) cultivation, generating an annual output value exceeding 300 million yuan, showcasing the potential of ecological industries [6]. - The bamboo industry has seen significant transformation, with the value of bamboo products increasing from 2,000 yuan to 10,000 yuan per ton through deep processing [8]. Group 4: Financial Innovations and Carbon Trading - The county has pioneered carbon trading in Jiangxi, with a carbon trading agreement valued at over 10 million yuan signed in December 2022, and has quantified carbon credits from 57,800 acres of forest land [10][11]. - Green finance has been activated through innovative "ecological asset pledge" models, leading to a green loan balance of 1.872 billion yuan by the third quarter of 2025 [12]. Group 5: Future Development and Challenges - The county aims to enhance its ecological and economic benefits through continuous innovation in financial products and talent cultivation, with a focus on sustainable development [16]. - The integration of ecological protection and economic growth is emphasized, with a commitment to transforming ecological value into tangible benefits for local communities [16].

"十四五"期间，重庆证监局深入贯彻落实党中央相关决策部署，坚持服务实体经济、防范金融风险、深 化改革开放，推动辖区上市公司实现数量与质量"双提升"，为重庆经济社会高质量发展注入强劲动能。 随着新质生产力成为区域发展的核心抓手，各地正加速抢占这一战略高地。重庆这座内陆山城正以资本 为杠杆，撬动一场静水深流的结构性革命。截至2025年9月末，重庆辖区境内上市公司达78家，较2021 年初的58家净增20家，覆盖上交所主板、科创板，深交所主板、创业板及北交所各板块。上市公司总市 值突破1.25万亿元，较2020年末增长28.87%。更值得关注的是，营收总额、研发投入、税收贡献等核心 指标均实现跨越式提升：研发投入五年间激增127.45%，有效专利数增长133.93%，税收贡献达495.82亿 元，带动就业36.31万人。 这份成绩的背后，不仅是重庆资本市场从规模追赶到质量突围的深层跃迁，更是中国西部在新发展格局 下，以资本为纽带重构创新生态、破解发展瓶颈的生动实践。近日，上海证券报记者深入多家代表性企 业，探寻重庆上市公司在国家战略引领下，以创新驱动与绿色转型书写新时代的高质量发展答卷。 制度创新破解"内陆困局" ...

Core Viewpoint - The People's Bank of China Qinghai Branch has effectively implemented monetary policies and financial reforms during the 14th Five-Year Plan period, contributing significantly to the modernization of Qinghai Province and enhancing financial services [1]. Group 1: Monetary Policy and Financial Environment - The Qinghai Branch has executed a prudent monetary policy, resulting in a steady increase in total financial volume, with the balance of various loans rising from CNY 6,520.9 billion at the end of 2020 to CNY 8,124.7 billion by October 2025, a growth of 22.7% [2]. - The balance of deposits increased from CNY 6,314.1 billion to CNY 8,676.7 billion, marking a growth of 37.4% [2]. - The average interest rate on newly issued loans decreased from 4.59% in October 2020 to 3.70% by October 2025, a reduction of 89 basis points [2]. Group 2: Financial Innovation and Green Finance - The Qinghai Branch has developed a "1+5+N" policy system to support five major financial initiatives, coordinating with 20 provincial departments and establishing demonstration projects in eight districts [3]. - The branch has supported carbon reduction initiatives with a total of CNY 420.4 billion in funding and CNY 700.6 billion in carbon reduction loans, promoting over 100 types of green credit products [3]. - A carbon account loan system has been established, with CNY 455.2 billion in loans issued, saving enterprises CNY 3.1 billion in interest [3]. Group 3: Financing Support and Project Financing - The Qinghai Branch has focused on key areas such as industrial development, major projects, small and micro enterprises, and rural revitalization, with related loan balances exceeding CNY 2,000 billion [4]. - A "white list" mechanism for major projects has been established, providing CNY 165 billion in financing for provincial key construction projects [4]. - The branch has facilitated CNY 444 billion in loans through the "Qingxinrong" platform, with a growth of 88.69% in loans to small and micro enterprises [4]. Group 4: Risk Management and Financial Safety - The Qinghai Branch has strengthened risk monitoring and early intervention, ensuring that the coverage rate of deposit insurance for local banks reaches 99% [5]. - Efforts have been made to resolve financing platform debts and support the clearance of overdue accounts for enterprises [5]. - A long-term risk prevention mechanism has been established, enhancing consumer rights protection and financial literacy [5]. Group 5: Service Optimization and Public Welfare - The Qinghai Branch has improved payment services, establishing payment service centers for foreign guests and achieving a 99.6% acceptance rate for foreign cards among key merchants [7]. - The coverage of the "One Network for All" platform has exceeded 80%, with the number of bank settlement accounts increasing from 26.969 million to 40.721 million, a growth of 60% [7]. - Cross-border RMB settlement volume reached CNY 177.6 billion, a 35.4% increase compared to the 13th Five-Year Plan period [7].

服务于民，是青海金融的重要职责。 "十四五"以来，持续推动养老金融与消费者权益保护工作稳发展，引导居民合理规划养老资金，加强金 融知识宣传教育，常态化开展防范电信网络诈骗等宣传教育，健全金融消费者权益保护机制，切实维护 消费者合法权益。金融机构有效提振消费市场，增强经营主体活力。 科技金融与数字金融方面，青海金融有效提升金融服务的精准度，促进科技成果转化和产业数字化升 级。 从守护绿水青山到推动经济发展，从助力乡村振兴到增进民生福祉，青海金融强化绿色特色优势，以高 质量金融服务助力青海高质量发展，让新能源产业持续壮大、绿色优势持续释放、发展活力持续增强。 绿水青山就是金山银山。 "十四五"以来，青海金融锚定产业"四地"建设战略蓝图，立足青海资源禀赋与产业基础，以绿色金融为 主线，持续做强金融"五篇大文章"，紧紧围绕推动高质量发展这一核心目标，在高原大地绘就一幅金融 助力发展、金融惠泽民生的生动画卷。 新能源发展是青海最大的产业优势，5年来，青海金融围绕国家清洁能源产业高地建设，把支持新能源 发展作为服务大局的重要工作，让绿色产业成为带动青海经济增长的重要引擎。 在绿色有机农畜产品输出地建设方面，金融机构依托青 ...

Core Viewpoint - The company aims to lead high-quality development by focusing on three main tasks: serving the real economy, preventing financial risks, and deepening financial reforms [1] Group 1: Business Strategy - In 2025, the company plans to optimize its business structure and innovate service models while actively engaging in five key areas: technology finance, green finance, inclusive finance, pension finance, and digital finance [1] - The company emphasizes its responsibility and commitment to serving national strategic initiatives [1] Group 2: Future Development - In 2026, the company will promote the transformation and development of its trust business, contributing to the construction of a strong financial nation through its own high-quality development [1]

"合同能源管理贷"等产品成亮点 江南时报讯 丹阳农商银行坚定践行绿色发展理念，将绿色金融作为重要发展战略，通过扩大转型 金融覆盖面、创新绿色金融产品与服务，持续引导资金流向绿色低碳领域。在支持"三农"绿色发展和智 能制造、节能环保、清洁能源等重点产业的过程中，该行不断探索金融助力生态优先、节约集约、绿色 低碳发展的有效路径。 产品创新是丹阳农商银行绿色金融工作的亮点。该行通过"苏科贷"、"合同能源管理贷款"等产品，与江 苏省普惠金融发展风险补偿基金、省信保集团等建立风险分担机制。其中，合同能源管理贷款是该行基 于人民银行动产融资统一登记平台，以节能服务合同项下的未来收益权作质押，为节能服务公司提供的 贷款。这一产品成功解决了光伏科技型小微企业的首贷难题。 扩大覆盖面： 未来规划： 绿色信贷精准滴灌重点领域 丹阳农商银行积极落实"投向绿色、授信绿色、渠道绿色、服务绿色"的发展思路，持续加大绿色信贷投 放。截至10月末，该行绿色信贷客户达17户，余额2.83亿元，较年初增长71.16%，占各项贷款比重 0.69%。从结构上看，环境保护产业贷款5925万元，资源循环利用产业贷款5329万元，生态保护修复和 利用贷款 ...

Core Viewpoint - The article emphasizes the importance of financial culture in driving the healthy development of the economy, highlighting HuLong Securities' commitment to social welfare, customer wealth creation, shareholder returns, and employee value realization [1] Group 1: Financial Services and Innovation - HuLong Securities focuses on serving the real economy, particularly in the technology innovation sector, by participating in initiatives like the "Yuruyi Plan" in Gansu Province, investing over 1.3 billion yuan in advanced manufacturing and biomedicine through various financial instruments [1] - The company has successfully assisted in the listing of cloud-based technology companies on the Beijing Stock Exchange and has issued innovation bonds and established industry funds to support local tech enterprises [1] Group 2: Green Finance - HuLong Securities integrates the concept of "green mountains and clear waters are invaluable assets" with a prudent financial culture, supporting regional green transformation [2] - The company acted as a financial advisor in the major asset restructuring of Gansu Energy, completing a 7.6 billion yuan asset transfer and 1.9 billion yuan financing, facilitating its transition to a comprehensive energy company [2] Group 3: Inclusive Finance - The company emphasizes its commitment to inclusive finance as a means to enhance social welfare, empowering small and micro enterprises through diverse channels and innovative educational models [2] - HuLong Securities has invested over 7.5 million yuan in support initiatives for regions like Gannan and Tianshui, and its team won second place in a national investor rights knowledge competition [2] Group 4: Pension Finance - In response to societal aging demands, HuLong Securities has initiated a fund for the development of the pension service industry, investing 450 million yuan to support the construction of the pension system [3] - The company has introduced financial products tailored for elderly needs and developed a comprehensive pension finance service system, including educational initiatives for seniors [3] Group 5: Digital Finance - HuLong Securities embraces digital transformation while maintaining compliance, enhancing service efficiency through initiatives like "one machine handles all" and local deployment of financial AI models [3] - The company applies cutting-edge technology in risk management and investment decision-making, ensuring high-quality development while adhering to risk management principles [3] Group 6: Future Outlook - Looking ahead, HuLong Securities aims to uphold the banner of Chinese financial culture, focusing on compliance, integrity, professionalism, and win-win cooperation, while enhancing service capabilities to support the real economy [4] - The company is committed to preventing systemic risks and contributing to the modernization of Gansu Province through its financial initiatives [4]

Core Viewpoint - Financial institutions play a crucial role in promoting industrial green upgrades and supporting the transformation of the real economy, particularly in the context of China's "dual carbon" goals and comprehensive green transition [1] Group 1: Green Financial Innovations - Everbright Bank's Shanghai branch has made significant breakthroughs in green finance, focusing on green bonds, green loans, and green ABS, aligning with national strategies such as technological innovation and low-carbon transition [2][4] - The branch successfully invested in Baowu Steel's first bond themed around technological innovation and low-carbon transition, amounting to 600 million yuan, with at least 70% of the funds directed towards low-carbon and Belt and Road initiatives [2] - The bank's green ABS investments, including a 620 million yuan investment in a green asset support plan for new energy vehicles, are expected to reduce carbon emissions by approximately 49,600 tons annually [2][3] Group 2: Green Building Initiatives - The bank has invested in a green asset support plan for the Expo City Best Practice Area, which has received LEED ND Platinum certification and aims for "zero carbon" certification by 2025, contributing to significant energy savings and carbon reduction [3] - The investment in the green building project is projected to achieve energy savings of 22.57 tons of standard coal and a carbon reduction of 49.89 tons in 2024 [3] Group 3: Organizational Structure for Green Finance - Everbright Bank's Shanghai branch has established a comprehensive organizational framework for green finance, including a leadership group focused on carbon peak and neutrality, and specialized working groups for green finance business expansion and ESG risk management [4] - The "1+N+X" organizational system promotes collaboration across departments and supports the establishment of green finance specialty branches, enhancing the bank's ability to implement green financial products and services [4] Group 4: Regional Green Financial Layout - The bank focuses on Shanghai's industrial structure, providing targeted support for green transportation, automotive supply chains, and innovative technologies, aligning with the city's goal of becoming a world-class automotive industry center [6][7] - The bank has provided 4.7 million yuan in loans to a private environmental technology company to support its growth in environmental technology research and production capacity [6] Group 5: Green Energy Financial Ecosystem - Everbright Bank is building a comprehensive green energy financial ecosystem, particularly in distributed photovoltaic projects, through innovative financial service models and partnerships with leading companies [8][9] - The bank's collaboration with a leading distributed photovoltaic company has resulted in project financing covering 185 MW of capacity, expected to reduce carbon emissions by approximately 200,000 tons annually [8][9] - The bank aims to integrate financial services with clean energy operational efficiency, establishing a benchmark in the distributed photovoltaic finance sector [9]