Core Insights - The BRICS Innovation Base has achieved significant results in its five years of operation, focusing on practical cooperation and development in various fields [1][2] Group 1: Establishment and Achievements - The BRICS Innovation Base was established in Xiamen, China, during the 12th BRICS Leaders' Meeting in November 2020, aiming to enhance policy coordination, talent training, and project development [1] - Over the past five years, the base has hosted more than 40 high-quality BRICS exchange activities and conducted over 90 training sessions, covering more than 100 countries, with over 2,600 individuals trained in-person [1] - A total of 138 BRICS cooperation projects have been signed, with an investment amounting to 62 billion RMB [1] Group 2: Talent Development and Educational Initiatives - The BRICS Innovation Base has established a comprehensive talent training system focusing on key areas such as artificial intelligence, green manufacturing, and digital economy, creating 33 exemplary training projects and developing 720 courses [2] - The "Golden Egret" Excellence Scholarship was announced during the 17th BRICS Leaders' Meeting to support talent development in industrial and communication sectors, with 30 participants from 22 countries in the first program [2] Group 3: Economic Impact and Trade Relations - The establishment of various innovative platforms, such as the BRICS Future Innovation Park and BRICS Digital Industrial Intelligence Valley, has facilitated industrial cooperation among member countries [2] - In the first three quarters of this year, Xiamen's trade with other BRICS countries reached 122.06 billion RMB, marking a 2.2% year-on-year increase, with exports at 45.56 billion RMB and imports at 76.49 billion RMB [2]

Core Insights - Shanghai's manufacturing sector is experiencing significant growth, driven by high-end, green, and intelligent production methods [2][3] - The delivery of the "GRANDE TIANJIN" marks a milestone for the shipbuilding industry, showcasing the rapid pace of production in Shanghai [1] Group 1: Shipbuilding Industry - The delivery of the "GRANDE TIANJIN" marks the 600th vessel completed by Waigaoqiao Shipbuilding since 2003, averaging 27 large ships per year [1] - Shanghai's three major shipbuilding companies have over 60 vessels under construction and hold more than 270 orders, with over 95% being high-value-added ships [1][2] Group 2: Economic Performance - In the first three quarters of this year, the manufacturing output of Shanghai's leading and strategic emerging industries accounted for 56.4% of the city's industrial output [1] - Shanghai's industrial added value in September directly contributed 1.1 percentage points to the city's GDP [1] Group 3: High-End Manufacturing - Shanghai aims for high-end manufacturing, exemplified by the advanced technology required for LNG carriers, such as the fifth-generation "Changheng" series [2] - The "Changheng" series LNG carriers have a low evaporation rate of 0.085%, establishing Shanghai as a leader in the ultra-large LNG sector [2] Group 4: Green Initiatives - Shanghai is transitioning towards greener manufacturing, with projects like the 100,000-ton green methanol initiative by Huayi Group and the delivery of the world's first wind-assisted oil tanker by Waigaoqiao Shipbuilding [2] - Shanghai Electric delivered the world's first ITER magnet cold test Dewar, marking a significant achievement in nuclear fusion manufacturing [2] Group 5: Government Support - The Shanghai government has reduced industrial costs by 118 billion yuan for 2024, with an additional 88 billion yuan cut in energy, land, and VAT for advanced manufacturing [3] - Industrial profits in Shanghai grew by 18.1% from January to September, surpassing the national average by 14.9 percentage points [3] - Industrial investment in Shanghai increased by 20.3% year-on-year, with over 80% of projects exceeding 100 million yuan [3]

Core Viewpoint - The article highlights the participation of Geely Holding Group in the COP30 conference, showcasing its commitment to carbon neutrality and sustainable practices in the automotive industry [1][9]. Group 1: Participation in COP30 - Geely Holding Group attended the COP30 conference in Belém, Brazil, representing China and demonstrating its carbon neutrality achievements [1]. - The conference involved over 190 countries discussing greenhouse gas reduction and climate change [1]. Group 2: Green Manufacturing Initiatives - Geely has integrated green principles throughout its manufacturing processes, establishing a smart manufacturing system that includes "green factories," "waste-free factories," and "zero-carbon factories" [3]. - The company has created 17 national-level green factories, 11 waste-free factories, and 5 zero-carbon factories, with 6 vehicle bases using 100% renewable electricity [3]. Group 3: Energy Management and Material Recycling - Geely developed the EMS 2.0 energy management platform, utilizing IoT and AI for dynamic energy monitoring across 9 manufacturing bases [5]. - The company promotes the use of recycled materials, achieving a vehicle recyclability rate of over 96.6% and reducing annual solid waste by 18,000 tons through its supplier system [5]. Group 4: Technological Innovations and Collaborations - Geely completed the first phase of the "Geely Constellation" satellite network, providing global IoT communication services [6]. - A joint venture with Renault, named Haosi Power, focuses on efficient power solutions, with an annual production capacity of 5 million powertrains [7]. Group 5: Biodiversity and Sustainability Reporting - Geely released its "Nature and Biodiversity Report," becoming the first Chinese automotive company to publish such a report, reflecting its commitment to biodiversity and sustainable development [9]. - The report aligns with international frameworks, showcasing Geely's transparency and responsibility in addressing environmental impacts [9].

证券代码：000703 证券简称：恒逸石化 恒逸石化股份有限公司投资者关系活动记录表 编号：20251114 | | 特定对象调研 分析师会议 | | --- | --- | | 投资者关系 | 媒体采访 业绩说明会 | | | 新闻发布会 路演活动 | | 活动类别 | 现场参观 | | 其他 | （请文字说明其他活动内容） | | | 申万宏源证券、汇添富基金、安信基金、建信养老、浦银安 | | 参与单位名称 | 盛基金、浙商资管、华能贵诚信托、长江自营、东证资管、 | | 及人员姓名 | 申万金创、中睿合银、深圳前海辰星、泰康资产、拾贝投资、 | | | 泉果基金、云舟资本等（以上排名不分先后） | | 时间 2025 | 年 月 11 14 日，9：30—11：30 | | 地点 | 公司会议室 | | 上 市 公 司 接 待 | 财务高级经理：张显 | | 人员姓名 | 投资者关系：王诗云 | | | 一、公司基本经营概况 | | | 恒逸石化（股票代码：000703.SZ）作为全球领先的"炼 | | | 油—化工—化纤"全产业链一体化龙头企业，始终秉持"一 | | | 滴油，两根丝 ...

"十四五"规划收官之际，智通财经推出特别策划——《2025·"智造上海"——新质生产力的城市跃 迁》。系列报道将聚焦先进能源装备产业集聚区、智能终端产业发展行动方案、重点企业服务包制度 2.0版等标志性实践，呈现上海在新质生产力引领下的跃迁之势、奋进之姿与时代之光。 今年以来，随着《推动大规模设备更新和消费品以旧换新行动方案》、《工业领域大规模设备更新实施 指南（2024—2027年）》等政策陆续落地，制造业技改进入"快车道"。在这一国家行动框架下，上海迅 速响应，围绕2027年工业设备投资规模较2023年增长25%以上的既定目标，通过创新工作机制、优化政 策，加强项目组织，为企业转型注入强劲动能。 宏观政策落地的成效，正在具体企业的实践中得到生动体现。 【编者按】 2025年，是"十四五"收官之年，也是中国式现代化征程中不确定与新机遇并存的关键时刻。面对外部环 境的起伏与技术变革的浪潮，上海经信系统主动作为、以变应变，以制度创新激活市场潜能，以技术革 新塑造城市韧性，于机遇中开拓新局。 今年的最新数据显示，上海的技术改造投资跑出逾20%的加速度，"服务包2.0"为2.4万个企业诉求送 上"一键回应"，先进能 ...

Core Insights - The demand for precision cutting tools, particularly thread processing tools, is significantly increasing in China's manufacturing sector, driven by the rapid development of the automotive and aerospace industries [1][7][11] - The market size of China's thread processing tool industry is projected to reach 3.323 billion yuan in 2024, with a year-on-year growth of 7.40% [1][7] Overview - Thread processing tools are specialized tools used to create specific thread profiles on materials like metal and plastic, categorized into cutting and rolling tools, and further divided into types such as taps, dies, thread mills, and rolling tools [2][3] Market Policies - The Chinese government has implemented several policies to support the development of the cutting tool industry, recognizing its critical role in manufacturing efficiency and product quality [4][5] Industry Chain - The upstream of the thread processing tool industry includes suppliers of raw materials like high-speed steel and carbide, as well as production equipment suppliers. The midstream involves R&D, design, and production, while the downstream encompasses various sectors such as automotive manufacturing, general machinery, and aerospace [6][8] Current Development - The thread processing tool industry is experiencing rapid growth due to the increasing precision requirements in manufacturing, particularly in high-end sectors like automotive and aerospace [1][7] Competitive Landscape - The industry features a mix of international players like Sandvik and Kennametal, and domestic companies such as Zhongtung High-tech and Hengfeng Tools, with domestic firms gaining market share through technological advancements [8][9] Representative Domestic Companies - Zhongtung High-tech focuses on tungsten and carbide products, reporting a revenue of 7.849 billion yuan in the first half of 2025, with cutting tools contributing 1.701 billion yuan [9][10] - Hengfeng Tools specializes in precision cutting tools, achieving a revenue of 0.338 billion yuan in the first half of 2025, with precision tools accounting for 19.80% of total revenue [10][11] Future Trends - The industry is expected to advance towards higher precision levels, with domestic companies aiming to enhance processing technologies and adopt environmentally friendly manufacturing practices [11][12]

Core Insights - Jiangsu Qitian Tower Manufacturing Co., Ltd. has been recognized as a "Green Factory" in Jiangsu Province for its outstanding performance in green production and low-carbon transformation [1][2] - The company has a production capacity of 100,000 tons annually, specializing in steel structure products for power and communication infrastructure [2] - The development of green factories is a key strategy for the Lianyungang High-tech Zone to promote the transformation and upgrading of the manufacturing industry [3] Group 1 - Jiangsu Qitian Tower has implemented comprehensive green modifications in its production processes, replacing high-energy-consuming equipment with environmentally friendly smart equipment [1][2] - The company has applied for a total of 85 patents, including 18 invention patents, which support its low-carbon transformation efforts [2] - The recognition as a "Green Factory" is a significant acknowledgment of the company's achievements in green manufacturing [2] Group 2 - The Lianyungang High-tech Zone has established a cultivation library for green factories, focusing on energy decarbonization, resource efficiency, and clean production [3] - Future initiatives will include enhancing the green manufacturing cultivation chain and increasing support for green technology and finance [3] - The goal is to build a high-efficiency, clean, low-carbon, and circular green manufacturing system to strengthen the leading role in green manufacturing [3]

意见旨在加强印制电路板行业管理，引导产业转型升级和结构调整，推动印制电路板产业持续健康发 展，在行业技术水平和绿色环保等方面提出要求。 在产业布局和项目建设方面，意见提出，印制电路板企业及项目应符合国家资源开发利用、环境保护、 节能管理、安全生产等法律法规要求；在国家法律法规、规章及规划明令禁止建设工业（002265）企业 的区域不得建设印制电路板制造项目，区域内的现有企业应按照法律法规要求拆除关闭，或严格控制规 模、逐步迁出；严格控制新上技术水平低的单纯扩大产能的印制电路板项目。 意见提出，鼓励印制电路板产业聚集发展，建设配套设备完备的产业园区。鼓励企业做优做强，加强企 业技术和管理创新，提高产品质量和生产效率，降低生产成本。推动建设一批具有国际影响力、技术领 先、"专精特新"的企业。 11月12日，工信部网站显示，工信部对印制电路板行业规范条件及公告管理办法（征求意见稿）公开征 求意见。 工信部电子信息司表示，为进一步加强印制电路板行业管理，促进行业高质量发展，对《印制电路板行 业规范条件》《印制电路板行业规范公告管理暂行办法》进行修订，形成《印制电路板行业规范条件 （2025年本）》《印制电路板行业规范 ...

在仪征陈集镇，像东星橡胶这样的转型故事正在上演。作为有着近30年橡胶产业史的"老工业镇"，当地 聚集着橡胶制品龙头企业。他们通过新技术、新工艺的迭代升级，将传统橡胶制品打造成国家水电八局 指定传动带、日钢等大型企业的核心输送线配件。仪征橡胶制品有限公司董事长董祥平展示着车间里的 智能硫化设备："这套系统不仅能耗降低20%，还能通过大数据精准控制产品质量，让老产业焕发新活 力。" 轰鸣的机械声中，硫化机精准压合着输送带，除尘管道吞吐着白色雾气…… 走进扬州东星橡胶股份有 限公司的智能化车间，传统橡胶产业的"灰头土脸"早已不见踪影，取而代之的是一幅绿色制造的现代工 业图景。包装区外，印着"耐高温 500℃"字样的胶带产品整齐码放，即将发往全国各大矿山、港口，成 为仪征传统橡胶产业绿色转型的生动注脚。 "我们的耐高温输送带能在200℃-500℃环境中稳定运行，但高温熔解产生的废气曾是环保治理的难 题。"东星橡胶总经理刘立杰指着车间顶部纵横交错的管道介绍，"如今15套废气收集装置24小时运转， 从生胶切片到成品入库，每个环节都有环保'把关人'。"凭借这套斥资百万的环保系统，企业不仅实现 废气零超标排放，而且今年销售额 ...

Core Viewpoint - The company is undergoing a strategic transformation from a traditional paper enterprise to a new materials platform, focusing on long-term market positioning rather than short-term order growth [1][2] Financial Performance - In the first three quarters, the company achieved revenue of 5.234 billion yuan and a net loss attributable to shareholders of 94 million yuan, with total assets reaching 11.863 billion yuan, a 5.66% increase from the end of the previous year [1] Industry Challenges - The company faces dual challenges from weak industry demand and fluctuations in raw material prices, reflecting the transitional phase of its transformation [1] Strategic Transformation - The company is actively pursuing a strategic transformation, with a 60,000-ton specialty paper project currently in the debugging phase and new materials like reverse osmosis membrane support materials and fuel cell carbon paper entering customer validation stages [1][2] - This transformation involves not only technological upgrades but also deep organizational and strategic restructuring, which may not be immediately reflected in financial reports [1] Cost Control Initiatives - The Zhanjiang 400,000-ton chemical pulp project is scheduled to commence production in early 2026, which will enable self-sufficiency in core raw materials, effectively reducing production costs for specialty paper and white cardboard, thereby significantly enhancing product gross margins [1] Market Expansion - The rise of new consumption scenarios, such as digital printing, new-style tea drinks, boutique coffee, and domestic beauty brands, is creating strong demand for products like sublimation transfer paper and new food-grade coated packaging materials [2] - The company is solidifying partnerships with leading international fast-moving consumer goods clients while actively exploring additional large customer resources, indicating a broad market expansion potential [2] Policy and Resource Empowerment - Leveraging its state-owned enterprise background, the company is deeply involved in strategic restructuring and professional integration, with the potential to acquire more new materials-related assets as policies favoring the concentration of quality assets in listed companies are implemented [2] - The company's proactive positioning in environmentally friendly packaging and low-carbon materials is expected to benefit from potential consumer stimulus and green manufacturing support policies [2] Short-term Outlook - In the short term, the company's performance is still in a "bottoming" phase due to factors such as project ramp-up, pulp price fluctuations, and seasonal demand weakness [2] Long-term Perspective - From a medium to long-term perspective, the company has opened three upward channels for growth: cost optimization, product upgrades, and market expansion, indicating a steady progression in its transformation [2]