来源：WIND ------------ 现货黄金9月22日走高，伦敦金盘中再次突破3700美元关口，并且创下新高。国内期货方面，沪金主力合约大涨超2%，报收846.50元。 美联储降息决议出炉后，黄金强势表现延续。点阵图显示，美联储理事中有10人支持年内降息3次或更多，FedWatch则显示利率市场预计10月降息的概率 达92%。此前特朗普持续向美联储施压，要求其更快降息，而刚被特朗普提名为理事的米兰在上周的会议上主张降息50基点，加剧了市场对低利率环境的 预期。而在低利率环境中，黄金往往表现良好。 展望后市，推动黄金上涨的宏观基本面并未改变。持续的地缘政治风险和对全球经济的担忧继续巩固黄金作为对冲风险首选资产的地位，去美元化及投资 组合多元化的需求都在推动央行与投资者继续增配黄金。瑞银预计，今年全球央行的黄金购买量将维持在900至950吨的强劲水平，显示出各国对黄金作为 储备资产的信心。多家机构预测，明年年内金价或突破4000美元。 投资建议上，仍建议逢低买入黄金相关资产，如黄金基金ETF（518800）。亦可关注成长性和估值优势兼具的黄金股票ETF（517400）。 铜方面，绿色能源转型、人工智能为需求 ...

Core Insights - The report emphasizes the need for energy transformation in the Asia-Pacific region to achieve sustainable development goals, particularly focusing on SDG7 [1][3] - It highlights that the Asia-Pacific region is the largest energy-consuming area globally, with fossil fuels accounting for 85% of energy consumption and contributing to 60% of global carbon emissions [3] Group 1: Energy Consumption and Emissions - The Asia-Pacific region's reliance on fossil fuels remains high, with a significant impact on global carbon emissions and climate governance [3] - The carbon intensity in this region is higher than in other areas, indicating a pressing need for energy transition strategies [3] Group 2: Sustainable Development Goals - The report systematically analyzes the progress, challenges, and pathways for energy transition in relation to SDG7, focusing on electricity accessibility, clean cooking fuels, renewable energy share, and energy efficiency [1][3] - Targeted transformation recommendations are provided to address the identified challenges in achieving sustainable energy systems [1]

Core Viewpoint - Daoshengtianhe Material Technology (Shanghai) Co., Ltd. is emerging as a key player in the global green energy transition, driven by its technological innovation, solid financial performance, and forward-looking strategic layout, as it initiates its IPO process on the Shanghai Stock Exchange [1] Financial Performance - The company forecasts a net profit of 145 million to 155 million yuan for the first nine months of 2025, with a year-on-year revenue growth of 22.32% to 27.03% and a net profit growth of 48.21% to 58.43% [2] - In the first half of 2025, the company reported a main revenue of 1.785 billion yuan, up 46.77% year-on-year, and a net profit attributable to shareholders of 86.32 million yuan, up 65.06% year-on-year [2] - The second quarter of 2025 saw a main revenue of 950 million yuan, a 32.9% increase year-on-year, and a net profit of 55.24 million yuan, a 48.62% increase year-on-year [2] IPO and Fundraising - The company plans to issue 131.88 million new shares and raise 694 million yuan, with funds directed towards a project for producing high-end adhesives and resin systems, as well as repaying bank loans [3] - This initiative aims to enhance the company's core competitiveness in high-growth sectors such as new energy vehicles and energy storage [3] Technological Strength - The company's core competitiveness stems from its deep technological foundation in high-performance thermosetting resin systems, covering epoxy resins, polyurethanes, acrylics, and organosilicon materials [4] - Daoshengtianhe is recognized as a "hidden champion" in the wind power blade material sector, with its epoxy resin series for wind turbine blades ranking first globally from 2022 to 2024 [4] Strategic Vision - The company's strategic layout aligns with China's "dual carbon" goals and the global green energy transition, focusing on high-growth areas such as new energy vehicles and energy storage [6] - The IPO fundraising projects are expected to add 37,000 tons of high-end adhesive and 19,000 tons of composite resin capacity, utilizing green manufacturing technologies [6] - The company aims to become a leading comprehensive new materials solution provider, expanding into sectors like photovoltaics, hydrogen storage, semiconductor packaging, 5G communications, and aerospace [6] Company Overview - Daoshengtianhe is a national high-tech enterprise dedicated to the R&D, production, and sales of new materials, primarily serving the wind power, new energy vehicles, energy storage, and hydrogen energy sectors [10]

中证报中证网讯(王珞)作为中国新材料行业的领军企业，道生天合材料科技(上海)股份有限公司(下 称"道生天合"或"公司")以其卓越的技术创新、稳健的财务表现和前瞻性的战略布局，正成为全球绿色 能源转型中的重要推动力量。近日，道生天合披露招股意向书，正式启动登陆沪市主板的招股程序。 公司在高性能材料领域的技术积淀深厚。截至2025年6月，公司累计拥有69项有效专利(其中38项为发明 专利)，并在申请PCT国际专利14项，并深度参与起草了《塑料环氧树脂试验方法》等国家标准及多项 新能源材料行业标准。依托国家CNAS认证实验室的专业能力，其产品技术体系已通过IATF16949汽车 体系和AS9100D航空体系认证，构建了跨行业的品质保障能力，为绿色能源产业链的技术迭代提供了关 键支撑。 战略前瞻：赋能全球绿色能源转型 道生天合的战略布局高度契合中国"双碳"目标和全球绿色能源转型的大趋势。此次IPO募投项目正是其 战略雄心的体现，项目聚焦新能源汽车、储能、轨道交通等高增长领域，建成后将新增3.7万吨高端胶 粘剂和1.9万吨复合材料树脂产能。项目将采用自动化称量、智能灌装等绿色制造技术，在提升生产效 率的同时，也满足了高 ...

南方财经记者谭海燕 广州报道 "过去出口锂电池包装检验需要预约等待，还要海关关员驱车1个多小时从肇庆市区到仓库现场进行查 检，如今该货物实施线上智慧检验，可全程线上办理，真正实现了'随报随检'，极大便利了锂电池出 口，我们可以根据订单情况更加灵活地安排生产计划。"瑞庆时代计划与物料控制部负责人余长旺表 示。 锂电池属于危险货物，出口运输涉及政策法规及货物包装技术要求较多。为支持关区锂电池出口企业抢 抓机遇拓展海外市场，肇庆海关落实"关长送政策上门""问题清零"等长效服务机制，组织业务专家深入 企业开展政策宣讲，讲解出口目的国家和地区危险货物包装的检验要求和运输技术规范、报关注意事项 及申报流程，指导企业建立健全产品验收使用、溯源管理等制度，完善锂电池标签标识，确保危险货物 运输安全。据统计，今年前8月，肇庆海关监管出口锂电池约4.5亿元。 同样作为"新三样"之一的光伏产品出口势头也十分强劲。位于广州市花都区汽车产业园的广州高景太阳 能科技有限公司是广州市首个GW（吉瓦，1GW=109瓦特）级太阳能光伏制造企业，专注于高效晶硅太 阳能组件制造、生产和销售，其生产的太阳能电池产品广泛出口至巴西、荷兰、克罗地亚等国 ...

相关附件 据了解，在海关总署《智慧海关建设总体方案》框架下，广州海关打造"出口锂电包装智慧监管业务管 理系统"。出口企业通过该系统，在生产过程中顺势采集产品的相关信息，向海关提交检验申请。海关 则将企业申报信息与系统数据库中此前已检验合格的出口货物信息进行校验比对，比对无异常的可免于 海关现场检验，直接放行。 据测算，新模式实施后，单批货物预约查检用时从约72小时压缩至30分钟以内，通关时长得以大幅压 缩。 9月18日，据广州海关统计，今年前8月，广州海关关区企业共出口电动汽车、锂电池、光伏产品等"新 三样"产品175.7亿元，同比增长46.3%。近年来，在全球绿色能源转型与"双碳"目标加速推进背景下， 新能源应用愈加广泛，我国"新三样"产品越来越受到国际市场的青睐。 近日，广东瑞庆时代新能源科技有限公司通过"海关出口锂电包装智慧监管业务管理系统"，向广州海关 所属肇庆海关申报检验一批价值30万元的出口锂离子电池组包装，海关关员在线上比对货物相关信息， 确认合格后，系统作出"快速验放"处置，该批货物免于现场查检直接放行，企业即刻便可在线上获取 《出境危险货物包装使用鉴定结果单》，并凭此单出口锂离子电池组。 ...

Core Viewpoint - The article emphasizes the critical phase of global climate governance, highlighting the shared mission of China and ASEAN in the green low-carbon transition and the importance of collaboration in renewable energy and zero-carbon demonstration zones [1][4]. Training Program Details - The first "China-ASEAN Green Energy Transition and Zero-Carbon Park" capacity-building training will be held from October 19 to 24, 2025, in Shanghai and Suzhou [1][4]. - The training will cover topics such as green power development, policy mechanisms, zero-carbon park technologies, and industrial upgrades, combining theoretical learning with practical visits [1][4][6]. Training Schedule and Locations - Training will take place on October 20-21, followed by site visits from October 22-24, with registration on October 19 [5][6]. - The training venue will be in Shanghai, while the visits will include Suzhou Industrial Park and other renewable energy enterprises [6]. Target Audience - The training is open to representatives from ASEAN energy departments, clean energy experts, and professionals from China's renewable energy, electric vehicle, storage, and digital energy sectors [6][7]. Training Content - The training consists of two main modules: specialized lectures and practical interactions [7]. - Specialized lectures will cover four key areas: 1. Green power development and market innovation [7] 2. Policy coordination and support mechanisms for low-carbon development [7] 3. Technologies and operational models for zero-carbon parks [7] 4. Sustainable development of the new energy industry [7] - Practical interactions will include site visits to benchmark parks, group discussions, and dialogues on technology cooperation and project implementation [7]. Organizational Details - The event is organized by China Energy News and the China Energy Research Society [8]. - The training fee is set at 8,750 yuan per person, covering course materials and site visits, with accommodation arranged separately [8]. Language and Certification - The courses will be conducted in both Chinese and English, requiring participants to have basic English communication skills [8]. - Participants will receive a completion certificate from the organizing units upon finishing the training [8].

Investment Rating - The industry investment rating is "Outperform the Market" (maintained) [2][11]. Core Viewpoints - The report highlights the upcoming submission of the IMO net-zero framework, which is expected to drive investment opportunities in green methanol [5][8]. - The demand for green methanol is anticipated to rise significantly, with a projected global shipping fuel market consumption stabilizing at 260 million tons of oil equivalent by 2050, where green shipping fuel will account for 80% [8]. - The report emphasizes the importance of focusing on companies with high certainty of production, as many green methanol projects are still in the planning stage [8]. Summary by Sections Market Performance - The report indicates a market performance range from -10% to +59% for the basic chemical industry compared to the CSI 300 index from September 2024 to May 2025 [3]. Related Research - Several related research reports are mentioned, including topics on price increases in acetylacetone, polyester bottle chip supply tightening, and demand improvements in polyester filament [4]. Investment Recommendations - The report suggests paying attention to companies such as Ruijie Environmental Protection, Goldwind Technology, Jiazhe New Energy, and Jidian Co., Ltd. [7]. Green Methanol Insights - The report discusses the approval of nine projects for green liquid fuel technology, with five projects focused on green methanol, totaling a planned capacity of approximately 800,000 tons [8]. - It notes that as of February 2025, there are 50 operational methanol-fueled vessels and 250 new orders, indicating a significant future demand for methanol fuel [8]. - The report also highlights that China leads in global project reserves for green methanol, with 173 signed or filed projects totaling a planned capacity of 53.46 million tons per year [8].

据《塞舌尔民族报》2025年9月10日报道，塞舌尔政府正式启动第二轮对塞居民住宅光伏补贴计划，每 户最高补贴至3.15万卢比（约2170美元），本轮补贴总额度为1500万卢比（约103万美元）。该举措旨 在推动国家绿色能源转型，鼓励居民在屋顶安装太阳能系统，减少能源费用开支，降低对化石燃料依 赖。 ...

Group 1 - The "2025 Phoenix Star Listed Company Selection" aims to highlight the core competitiveness and influence of Chinese listed companies, supporting the healthy development of mainland and Hong Kong stock markets [1] - The selection process includes a first round of expert reviews on August 28, followed by public voting, with results to be announced on September 23 [1] - Nine awards are set to cover key areas such as innovation, shareholder returns, social responsibility, growth potential, brand influence, and globalization [1] Group 2 - Professor Xue Jun emphasizes the significance of Chinese companies going global, noting that outward direct investment reflects a company's development capability, especially when export trade faces bottlenecks [3] - The focus has shifted from the quantity of overseas investments to the quality of returns and local operations management [3] - The evaluation of overseas investment profitability shows a steady increase over the past 20 years, with China's outward direct investment only accounting for 16.63% of GDP, indicating substantial growth potential compared to developed countries [4] Group 3 - Different types of companies should adopt differentiated strategies for going global, with manufacturing firms needing to address competition and trade barriers, while service industries should focus on regulatory flexibility [6] - The challenges faced by companies include geopolitical risks, stringent security reviews, and increasing competition in overseas markets, necessitating a focus on local operations [7] - The opportunities for Chinese companies include enhanced regional cooperation amid globalization challenges, advantages in green transition, and strong demand in emerging markets [7] Group 4 - The collaboration between academia and industry is crucial in the AI era, with universities needing to cultivate versatile talents and create detailed databases to support companies in their global ventures [8] - The selection event is supported by various institutions, including the China Listed Companies Association and academic institutions, with results to be revealed at the "Phoenix Bay Area Financial Forum 2025" [8]