Core Viewpoint - Company announced a loan agreement of RMB 200 million for a solar power project, enhancing its position in the renewable energy sector [1] Group 1: Loan Agreement - Zhejiang Zhongguang New Energy Technology Co., Ltd., a subsidiary indirectly owned 51% by the company, signed a loan agreement with Jinyin New Policy Financial Instruments Co., Ltd. on October 14, 2025 [1] - The loan is managed by the Export-Import Bank of China, Zhejiang Branch, and is specifically for the capital needs of the 350 MW tower solar thermal power project in Delingha, Qinghai Province [1] Group 2: Project Details - The project has a total scale of 350 megawatts and utilizes tower solar thermal technology, known for its strong power generation stability and excellent energy storage capabilities [1] - Upon completion, the project will provide stable and reliable clean electricity to the Qinghai power grid, serving as an important demonstration project for building a new power system [1] Group 3: Strategic Alignment - The board believes that the loan will supplement the project's capital, ensuring its smooth implementation and aligning with the company's strategy of deepening its involvement in renewable energy [1] - The project is expected to generate stable long-term revenue, enhancing the company's market reputation and competitiveness in the solar thermal power sector [1]

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就本公告全部或任何部份 內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 本項目位於中華人民共和國青海省海西州德令哈市，總規模為 350 兆瓦，採用塔 式光熱發電技術。本項目具有發電穩定性強及卓越儲能能力的特點。項目建成 後，將為青海電網提供穩定可靠的清潔電力，成為構建新型電力系統的重要示 範項目，並顯著提升本集團在光熱發電領域的行業地位。 H E N G X I N T E C H N O L O G Y L T D. 亨 鑫 科 技 有 限 公 司 * （以 HX Singapore Ltd. 名稱在香港經營業務） （於新加坡共和國註冊成立的有限公司） (香港股份代號：1085) 自願公告 近期業務發展 本公告乃自願作出，旨在讓亨鑫科技有限公司（「本公司」，連同其附屬公司 統稱為「本集團」）股東及潛在投資者知悉本公司之最新業務發展。 關於德令哈 350MW 塔式光熱發電項目簽訂政策性金融工具借款協議 本公司之董事（「董事」）會（「董事會」）欣然宣佈 ，本公司間接持有 51% ...

Core Insights - The article highlights the rapid growth and potential of the energy storage market in Saudi Arabia, driven by the country's Vision 2030 initiative, which aims for 50% renewable energy integration [3][4]. Group 1: Market Overview - Saudi Arabia is experiencing a surge in energy storage demand due to the expected explosive growth of solar and wind energy over the next five years [3]. - Currently, Saudi Arabia operates four Battery Energy Storage System (BESS) projects totaling 2GW/8GWh and is developing an additional 5.5GW/22GWh, with a target of achieving 48GWh of storage capacity by 2030 [3][4]. - The Saudi Electricity Procurement Company plans to tender 2GW/8GWh of independent storage projects annually starting in 2024, aiming for a cumulative installed capacity of 10GW/40GWh by 2030 [4]. Group 2: Competitive Landscape - The cost competitiveness of Saudi Arabia's storage market is becoming evident, with recent bids for large storage projects ranging from $73 to $75 per kWh [8]. - Major global producers like Saudi Aramco and Ma'aden are increasing domestic lithium production to meet the soaring demand for energy storage and electric vehicles, with domestic lithium demand expected to grow 20 times [9]. Group 3: Chinese Companies' Performance - Chinese companies are making significant strides in the Saudi storage market, securing landmark orders and emphasizing customized solutions tailored to local conditions [10][12]. - Notable projects include a 7.8GWh storage project signed by Sungrow with Saudi ALGIHAZ, and BYD's 12.5GWh project with the Saudi Electricity Company [16]. Group 4: Technological Innovations - Companies are focusing on customized energy storage solutions that address the extreme environmental conditions in Saudi Arabia, such as high temperatures and sandstorms [13]. - Trina Solar's new 6.25MWh storage system, Elementa King Kong 3, features enhanced energy density and is designed to withstand local climate challenges [17]. - Other companies like Hichain Energy and Honeycomb Energy are also showcasing innovative storage solutions designed for extreme environments, emphasizing thermal management and operational reliability [18][21]. Group 5: Future Trends - The article indicates a growing trend towards integrating AI and digital infrastructure in energy solutions, particularly for AI data centers, which are expected to see exponential energy demand growth [20]. - The development of modular and flexible energy storage systems is highlighted as a key strategy to meet the diverse needs of the Saudi market [26][30].

Core Viewpoint - Recent developments in the energy storage sector highlight significant contracts won by Yingke Shuneng and Zhengtai Solar in Europe and Africa, totaling over 5GW in scale [1][2]. Group 1: Yingke Shuneng's Projects - Yingke Shuneng announced multiple industrial and commercial energy storage projects with a total scale of 120MWh, spanning across Europe and Africa [2]. - The projects include collaborations in Germany, Bulgaria, Latvia, Moldova, Ukraine, South Africa, and Sierra Leone, with innovative solutions tailored for off-grid mining scenarios in Sierra Leone [2]. - The energy management system (EMS) is utilized to integrate energy storage with photovoltaic generation, ensuring efficient power supply to mining operations [2]. Group 2: Zhengtai Solar's Initiatives - Zhengtai Solar has partnered with UK developer Voltis to develop a 5GW renewable energy and storage project in the UK [3][4]. - A new joint venture named "Voltison" will be established to manage over 15 project combinations, including solar, battery storage, and wind energy projects, with one major infrastructure project exceeding 750MW [4].

Group 1 - A new American brand named "Xtra" has emerged, offering products that are nearly identical to DJI's at a lower price and without tariff impacts, with a similarity rate of 99.9999% [3][4] - The Xtra Muse, priced at $499, closely matches DJI's Osmo Pocket 3, which retails for $799, and tests show no significant differences in functionality or user experience [3][4] - DJI has filed an appeal against the U.S. Department of Defense after being placed on a list of "Chinese military enterprises," asserting its commitment to preventing the misuse of its products for military purposes [11] Group 2 - Tmall's team was spotted at Lingyin Temple praying for a drop in temperatures to boost sales during the upcoming Double Eleven shopping festival, highlighting the importance of weather on retail performance [7] - JD.com announced a collaboration with GAC Group and CATL to launch a high-cost performance electric vehicle, with JD primarily focusing on sales and customer insights rather than manufacturing [9] - Peak's salary reduction controversy escalated, with employees required to submit reflections if they refused pay cuts, indicating a tense labor environment [12][13] Group 3 - Xiaomi has launched a free short drama app called "Weiguan Short Drama," aiming to capture the short video market with ad-free content [26] - Ant Group has acquired Hubei Humpback Pharmacy to enhance its health services, integrating medication purchasing into its health management offerings [25] - WeRide, a Robotaxi company, has initiated an IPO application in Hong Kong, aiming to expand its presence in the autonomous driving sector [24] Group 4 - Samsung has restructured its compensation system to include stock price-linked bonuses for regular employees, responding to internal dissatisfaction and competitive pressures from rivals [30] - Goldman Sachs plans to implement another round of layoffs as part of its cost-saving measures, leveraging AI to enhance operational efficiency [31] - Tesla's Cybertruck is facing sales challenges, prompting Elon Musk to direct his companies to purchase large quantities of the vehicle to alleviate inventory issues [32][33]

两个"1/3"、一个"1/5"，向世界宣告了我国在能源转型方面取得的不凡成就。2024年，全国发电量 超10万亿千瓦时，占全球总发电量的1/3，能源生产总量折合约50亿吨标准煤，占比超全球1/5；全社会 每消费3度（千瓦时）电，其中就有1度源自太阳能、风能等清洁能源。 一组来自国家能源局的数据印证了变化："十四五"开局以来，我国的能源消费中，非化石能源占比 每年增加1个百分点，煤炭的占比则每年减少1个百分点。华电集团绿色金融研究中心首席经济学家陈雳 表示，"一增一减"数据的背后，其实是一场静水深流的能源革命，"我国能源体系正在完成由'煤炭为 主'向'多元清洁'的实质性跨越"。 陈雳提到，截至今年7月底，我国可再生能源装机规模已经达到21.7亿千瓦，稳居全球首位，其中 风电装机5.7亿千瓦、光伏装机超过11亿千瓦，较"十三五"末实现翻倍增长。目前，我国非化石能源装 机占比已历史性突破60%，新能源发电装机规模也于2024年首次超过煤电，电力生产供应绿色化不断深 入。 在多元能源供应体系构建过程中，各地都在因地制宜探索创新发展模式。比如，云南充分利用水能 资源，适度开发干流水电，目前全国装机排名前10位的水电站中 ...

Group 1: Energy Cooperation and Policy - China and Iceland have issued a joint statement to enhance cooperation in geothermal energy and green transition, aiming to reduce greenhouse gas emissions and create new green industries and jobs [2] - The National Development and Reform Commission (NDRC) has released a management method to support energy-saving and carbon reduction projects in key industries such as electricity, steel, and petrochemicals [2] - The NDRC is soliciting public opinions on the implementation of minimum renewable energy consumption targets for key energy-consuming industries [2] Group 2: Renewable Energy Projects - In August 2025, there were 865 new renewable energy projects registered in China, including 23 wind power projects and 8624 solar power projects, with biomass power projects also included [2] Group 3: Automotive Industry - As of September 2025, the total number of motor vehicles in China reached 460 million, with 360 million being cars, and the number of drivers reached 550 million [3] - From January to September 2025, China's automotive production and sales reached 24.33 million and 24.36 million units respectively, showing year-on-year growth of 13.3% and 12.9% [3] - New energy vehicles accounted for 46.1% of total new car sales, with production and sales both exceeding 1.1 million units, reflecting a growth of over 30% year-on-year [3] Group 4: Fusion Energy Developments - Significant breakthroughs have been made in key technologies for fusion energy extraction by the China National Nuclear Corporation, establishing a research platform for liquid metal and helium cooling technology [4] - The International Atomic Energy Agency (IAEA) has established the world's first fusion energy research and training collaboration center in Chengdu, enhancing China's international standing in fusion energy [5][6] Group 5: Electricity Market Developments - The State Grid and Southern Power Grid have conducted the first cross-grid electricity spot trading, providing an additional 1.8 million kilowatts of electricity supply to the East China region [8]

Core Insights - Apple has announced that over 90% of its manufacturing in China now utilizes renewable energy, marking a significant milestone in its commitment to 100% green manufacturing by 2030 [1][4] - To support this goal, Apple and its supply chain partners have launched a new "China Renewable Energy Infrastructure Fund" with a total scale of 1 billion RMB (approximately 150 million USD), aimed at adding 1 million MWh of clean power to the national grid by 2030 [1][3] Group 1 - The new fund is managed by CICC Capital and Huaneng Investment, with battery supplier ATL as the anchor investor, and other key suppliers like Pengding Holdings, Suzhou Dongshan Precision, Hon Hai Precision, and Yutong Technology also participating [3] - This fund will provide financial support for renewable energy projects in China, including those in early development stages, thereby filling the financing gap for such projects [3][4] Group 2 - Since the launch of the "Supplier Clean Energy Program" in 2015, Apple has helped establish over 1 GW of renewable energy capacity across 14 provinces in China, significantly contributing to the reduction of greenhouse gas emissions [4][5] - Apple's overall greenhouse gas emissions have decreased by over 60% compared to the 2015 baseline, thanks to the large-scale adoption of renewable energy by its supply chain [5]

Core Viewpoint - Apple has achieved a significant milestone with over 90% of its manufacturing in China now utilizing renewable energy, supported by over a hundred suppliers, aiming for 100% renewable energy usage by 2030 [2][3] Group 1: Renewable Energy Initiatives - Apple announced the launch of a new investment fund, the "China Renewable Energy Infrastructure Fund," with a total scale of 1 billion RMB (150 million USD), aimed at supporting renewable energy infrastructure in China [2] - The fund is fully led by Apple suppliers and plans to add 1 million MWh of clean power to the Chinese grid by 2030 [2] - Since the initiation of the supplier clean energy program in 2015, Apple has shared expertise to help supply chain partners access cost-effective renewable energy [2] Group 2: Previous Fund Initiatives - Apple established its first China Clean Energy Fund in 2018, which successfully exceeded its goal of developing over 1 GW of renewable energy projects across 14 provinces in China [2] - Earlier this year, Apple launched a second China Clean Energy Fund with an investment of 720 million RMB, managed by Schroders Capital, providing more options for companies, including Apple suppliers, to access effective clean energy solutions [2] Group 3: Supplier Collaboration and Impact - The new fund is co-initiated by CICC Capital and Huaneng Investment, with Apple battery supplier ATL as an anchor investor, alongside other Apple supply chain companies [3] - ATL's CEO emphasized the importance of integrating renewable energy into corporate operations and the significant progress made in smart manufacturing and green production through collaboration with Apple [3] - Since 2015, Apple has reduced its overall greenhouse gas emissions by over 60%, focusing on deep emissions reductions across all business segments [3]

Core Insights - Apple has achieved a significant milestone with over 90% of its manufacturing in China now utilizing renewable energy, facilitated by collaboration with over a hundred suppliers [1] - The company aims to have all Apple product manufacturing powered by renewable energy by 2030, supported by a new investment fund initiated by its suppliers [1] - The "China Renewable Energy Infrastructure Fund," with a total scale of 1.5 billion USD, is fully led by Apple suppliers and aims to add 1 million MWh of clean electricity to China's grid by 2030 [1] Group 1 - The new fund is co-initiated by CICC Capital and Huaneng Investment, with ATL as an anchor investor, and includes multiple Apple supply chain companies such as Pegatron, Suzhou Dongshan Precision, Foxconn, and Yuto Technology [2] - Similar to Apple's previous two clean energy funds, the new fund will provide financial support for renewable energy projects in China, including those in early development stages [2]