Core Viewpoint - The corn industry is a strategic pillar for China's food security, with significant growth in planting area, yield, and total production expected in 2024, despite short-term market adjustments due to international price fluctuations and rising costs [1][8][14]. Group 1: Industry Overview - The corn processing industry in China has developed a complete industrial chain, from primary processing to modern biobased material research, becoming a key hub for agricultural production and industrial manufacturing [1][5][14]. - Corn processing can be categorized into primary processing and deep processing, producing various products for food, feed, and industrial applications [2][3][5]. Group 2: Current Development Status - In 2024, China's corn planting area is projected to reach 44.74 million hectares, a year-on-year increase of 1.18%, with a yield of 439.4 kg/mu, contributing to a total production of 294.92 million tons, a 2.1% increase from the previous year [1][8][10]. - The total corn consumption in 2024 is expected to reach 31.78 million tons, with industrial consumption growing by 3.07% to 7.94 million tons, driven by innovations in deep processing [12][14]. Group 3: Market Trends - The corn deep processing market size is expected to adjust to 190 billion yuan in 2024, down 6.4% from its peak in 2022, but the long-term growth trend remains solid [1][14]. - The corn processing industry is transitioning towards green and low-carbon practices, focusing on high-value product development such as polylactic acid and functional sugars [24][25][26]. Group 4: Competitive Landscape - The corn deep processing industry in China has a tiered competitive structure, with leading companies like COFCO Technology and Meihua Biological occupying the top tier, focusing on high-value products [20][22]. - The market for corn starch is highly concentrated, with top companies holding over 44% market share, and there is a trend towards differentiation and expansion into biobased materials and other emerging fields [22][24].

据目前安排，若无变动，本周（7月7日到11日）共有1只新股申购，为沪市主板新股华电新能。 7月7日启动申购的沪市主板新股华电新能，是我国五大发电集团之一中国华电风力发电、太阳能发电的 新能源业务最终整合的唯一平台，独享中国华电在新能源项目开发、资源支持等方面的渠道和政策优 势，具备较高行业影响力及行业代表性，公司已逐步发展成为国内最大的新能源发电运营商之一。 本周1股打新 （原标题：今年最低价新股来了！） 本周1只新股申购，新能源发电运营商将登陆A股。 2家公司IPO上会 值得注意的是，截至目前本周（7月7日到11日）将有2家公司IPO首发上会，为拟闯关上证主板的超颖 电子和北交所的北矿检测。 即将上证主板IPO上会的超颖电子主营业务是印制电路板的研发、生产和销售，产品广泛应用于汽车电 子、显示、储存、消费电子、通信等领域，公司以汽车电子PCB为主，是国内少数具备多阶HDI及任意 层互连HDI汽车电子板量产能力的公司之一，与大陆汽车、法雷奥、博世、安波福等全球Tier1汽车零部 件供应商及特斯拉等知名新能源汽车厂商建立了稳定合作。 根据CPCA公布的《第二十四届（2024）中国电子电路行业主要企业营收榜单》， ...

Group 1 - The core viewpoint of the news is that the private equity firm Yongjin Investment conducted a research meeting with a listed company, focusing on the company's performance and market conditions in the first half of the year [1] - The gross profit margin of the company decreased compared to the same period last year, primarily due to fluctuations in individual project margins [1] - The company has a cautious and rigorous budget for the year, with a decline in order conversion rates compared to last year, although overall conversion rates align with company expectations [1] Group 2 - The demand for mass spectrometers in laboratory instruments has increased, while the detection industry has shown mixed performance across major sectors [1] - The company is experiencing a slow growth process in the semiconductor application area, with a focus on pushing validated systems in wafer fabs [1] - The company has made adjustments to its long-term business structure, resulting in a significant reduction in employee numbers, which has now stabilized [1] Group 3 - The company has laid out products for ocean and deep-sea monitoring, with national emphasis on these areas, although the overall market capacity remains limited [1] - The life science instruments segment, particularly in life research, has performed better, while progress in medical instruments has been slow [1] - The company plans to adjust personnel growth based on the potential and growth speed of specific business segments in response to market conditions [1]

Group 1: 聚光科技 - The gross profit margin for the first half of the year has decreased compared to the same period last year, primarily due to fluctuations in individual gross profit margins of revenue recognition projects [1] - The company has a cautious and rigorous budget for the annual order situation, with a decline in order conversion rate compared to last year, but overall conversion rates are in line with company expectations [1] - The demand for mass spectrometers in laboratory instruments is higher, while the semiconductor application investments have contracted this year [1] - The company is focusing on domestic scientific instruments due to national policies encouraging self-sufficiency, but the industry requires long-term cultivation and is currently facing competition from foreign leading enterprises [1] - The company plans to adjust personnel based on business segment growth potential, with a stable employee count after previous reductions [1] Group 2: 航天南湖 - The company's product delivery shows significant seasonality, with a high proportion of revenue in the fourth quarter, making it inappropriate to estimate half-year performance based on quarterly results [2] - The global military expenditure is increasing, leading to strong demand for air defense early warning radars and a positive outlook for military trade business [2] - The company is actively developing low-altitude safety control systems and various low-altitude detection radars, with some products already receiving bulk orders [2] - The gross profit margin is expected to rise in Q1 2025 compared to 2024, although future margins may fluctuate due to product mix differences [2]

Core Insights - China has established the world's largest clean power system, with renewable energy generation capacity exceeding 2.017 billion kilowatts, a year-on-year increase of 58% [6][9] - The country has achieved significant milestones in renewable energy, including surpassing 1 billion kilowatts in solar power capacity, accounting for nearly half of the global total [6][9] - The development of renewable energy is a key focus of China's energy revolution, contributing to high-quality economic growth and a reduction in carbon emissions [6][9] Renewable Energy Capacity - As of April 2023, China's renewable energy generation capacity reached 2.017 billion kilowatts, with wind and solar power installations exceeding 1.5 billion kilowatts, surpassing thermal power capacity [9] - The cumulative power generation from the Three Gorges Fuzhou Xinghua Bay offshore wind farm has exceeded 6.2 billion kilowatt-hours, reducing coal consumption by approximately 1.89 million tons and CO2 emissions by about 4.65 million tons [7][8] Industry Development - China provides 70% of the world's solar photovoltaic components and 60% of wind power equipment, showcasing its dominance in the renewable energy supply chain [10][11] - The domestic photovoltaic industry has over 1 million enterprises, generating an annual output value exceeding 1 trillion yuan, with significant advancements in technology and production efficiency [12][13] Energy Storage and Utilization - The new energy storage project in Yunnan Province, with a capacity of 200 megawatts, is designed to stabilize the grid and enhance the utilization of renewable energy [15][16] - By the end of 2024, the cumulative installed capacity of new energy storage projects in China is expected to reach 73.76 million kilowatts, reflecting a year-on-year growth of over 130% [16] Technological Advancements - The development of intelligent technologies, such as virtual power plants and integrated energy management platforms, is enhancing the stability of the grid and improving the utilization rate of renewable energy [17] - The overall utilization rate of renewable energy in China remains above 90%, indicating effective integration into the energy system [17]

新华财经里约热内卢7月6日电（记者杨家和）当地时间5日，在2025年金砖国家工商论坛期间，徐工巴 西制造有限公司（以下简称徐工巴西）总经理李寒光表示，面对新一轮科技革命和绿色转型浪潮，徐工 集团将持续深化在智能制造、绿色低碳、互利共赢等方面国际合作，推动中国先进制造能力与金砖国家 特别是巴西的发展需求深度融合，助力构建开放、包容、可持续的多边合作新格局。 技术创新为产业升级注入数字动能 李寒光介绍，近年来徐工集团持续推进"智改数转网联"战略，并将这一数字化转型成果率先在海外落 地。在巴西，徐工建成了南美工程机械行业领先的智能制造示范工厂，成功上线SAP、CRM、WMS一 体化运营平台，应用自动化产线、工业机器人、物联网、大数据等技术，大幅提升生产效率与产品质 量。"这一数字化革新，有效降低了工人劳动强度，显著提高设备交付效率，也为南美客户提供了更加 智能、高效的成套化工程解决方案。"李寒光说。 （文章来源：新华财经） 当前，绿色发展是全球产业结构调整的核心方向，也是巴西新工业政策的重要战略支点。巴西政府相继 推出了"加速增长计划""新工业计划"等发展战略，强调生态友好型产业转型，这与中国制造业的绿色发 展方向 ...

Core Insights - The "government + business (association) + enterprise" three-dimensional linkage mechanism in Henan Province and Hami City has effectively established the "Yuhar Zero Carbon Technology Industry Aid Xinjiang Platform," attracting investments of 9.98 billion yuan and resulting in 10 industrial projects and 3 research institutions by June 30 this year [1] Investment and Economic Impact - The platform has created a significant industrial agglomeration effect, exemplifying a new era of industrial aid to Xinjiang [1] - The Xinjiang Green Energy Intelligent Charging Digital Technology Co., Ltd. has launched Xinjiang's first energy storage PACK intelligent production line, which is expected to achieve an annual output of 1 GWh for distributed energy storage products and 4 GWh for centralized energy storage products, with an estimated annual output value of 3.5 billion yuan for the first and second phases [1] - Hami Yun Jing Graphene Technology Co., Ltd., another company benefiting from the platform, is expected to generate annual sales of 1 billion yuan and create 200 jobs upon full production [2] Collaborative Mechanism - The "Hami Manufacturing + Henan Intelligent Manufacturing" model reflects a profound transformation in the aid mechanism, establishing a "five-in-one" working method that includes a dedicated team for each industry, a unified plan, a set of policies, a fund, and a group of enterprises [2] - The platform has successfully integrated the advantages of Henan's industrial technology in synthetic diamond production with Hami's low industrial electricity prices, attracting investments of nearly 4.5 billion yuan from various companies [2] Broader Economic Development - The cooperation between Henan and Hami has expanded beyond the energy sector to include cultural tourism and agriculture, contributing to Hami's GDP growth rate being among the highest in Xinjiang for two consecutive years [2] - Hami is positioned as a demonstration area for energy transition in Xinjiang, establishing a new paradigm for coordinated development between eastern and western regions of China [2]

Core Insights - This year marks the 10th anniversary of the Paris Agreement and the 5th anniversary of China's "dual carbon" goals, highlighting China's commitment to green innovation and sustainable development [1] Group 1: Green Innovation and Technology - Nearly 50% of Chinese enterprises have initiated or plan to initiate green innovation, with 30.9% in strategic emerging industries already engaged in such efforts [2] - China has developed a fast-charging system for electric vehicles that can charge in 5 minutes, showcasing its technological advancements in clean energy [2] - China leads globally in the number of patents in clean energy technologies, with installed wind turbines and solar panels exceeding the total of other countries combined in 2024 [2][6] Group 2: Economic Impact of Clean Energy - The clean energy sector is projected to contribute 10% to China's economic growth in 2024, with a value of approximately 13.6 trillion RMB, comparable to the annual GDP of countries like Saudi Arabia [4] - The clean energy industry is becoming a significant driver of economic growth, demonstrating the potential of green innovation to address climate change [4] Group 3: Global Influence and Collaboration - China's green technology is aiding the low-carbon transition in developing countries, with increasing interest from emerging economies in adopting Chinese green technologies [8] - The "Belt and Road" initiative is facilitating financing for global green energy projects, positioning China as a key player in the clean energy supply chain [9] - Chinese companies are actively promoting electrification in Africa, enhancing the continent's electricity coverage with cost-effective solutions [9]

今年我完成学业，作为一名核工业新人，即将加入中核陕西铀浓缩有限公司，从事工程技术研发相关工 作。我期待在服务国家重大战略需求的过程中实现个人价值，与团队一起为清洁能源发展和"双碳"目标 的实现贡献力量。 ——江南大学 左欣格 我将奔赴祖国西南边境的云南省普洱市孟连县融媒体中心，从事基层新闻采编工作。扎根边疆，我将讲 好新时代边境故事，服务好当地各族群众的信息需求，通过鲜活的新闻报道和创新的新媒体产品，助力 民族团结、边疆稳固与区域发展，为建设繁荣稳定的边境贡献青春力量。 ——云南师范大学 田静莎 今年我硕士毕业，即将赴新疆生产建设兵团第十二师投身乡村建设工作。选择扎根基层，是回归家乡、 建设家乡的初心，也是以所学践行使命的新起点。我将把专业知识融入基层实践，聚焦产业优化， 从"小而实"的切口探索家乡特色农产品推广路径，助力拓宽产销渠道。 在"双碳"目标的引领下，博士毕业后我加入了位于四川成都的雅砻江流域水电开发有限公司。我的博士 课题聚焦西南山区高坝工程的泄洪消能技术，未来将把所学融入工程实践，助力打造全球最大水风光蓄 一体化基地。我愿扎根西部，以专业所长服务国家能源战略，在雅砻江畔书写奋斗篇章。 ——四川大 ...

Core Viewpoint - The banking industry is actively supporting the green transformation of high-carbon industries under the "dual carbon" goals, with innovative financial products being introduced to facilitate this transition [1][2]. Group 1: Financial Products and Innovations - Weihe Bank has launched a "sustainable water-saving loan" with a credit line of 270 million yuan to support energy-saving renovations for a thermal power company [2]. - Industrial Bank has issued a 200 million yuan loan to an aluminum company for its green transformation, linking loan interest rates to the company's energy consumption performance [2]. - As of the end of 2024, Industrial Bank's green financing scale for transformation sectors is expected to reach 192.7 billion yuan [2]. Group 2: Market Trends and Challenges - Transition finance is seen as a crucial supplement to green finance, focusing on supporting high-carbon industries in their orderly transition towards climate goals [3]. - Current transition financial products are primarily in the form of transition bonds and loans, with bonds dominating the market, while loan products have yet to achieve significant scale [3]. - There is a significant funding gap for low-carbon transitions in traditional high-carbon industries, indicating that transition finance could become a new growth point for financial institutions [5]. Group 3: Standardization and Policy Support - The development of transition finance is hindered by an incomplete standard system, with a need for quantifiable indicators and thresholds [5]. - The People's Bank of China is actively working on establishing transition finance standards for key industries, with pilot regions already seeing a cumulative loan amount of approximately 42.5 billion yuan [6].