Core Viewpoint - Titanium dioxide, known as titanium white, is a key chemical product and a barometer of economic development, with China holding significant influence in this sector, particularly through Longbai Group, which has become a global leader in titanium dioxide production [3][4]. Group 1: Company Overview - Longbai Group, formerly known as Baililian, transformed into the largest titanium dioxide manufacturer in China after acquiring Longmang Titanium Industry in 2016 for 9 billion yuan, marking a significant merger in the industry [4]. - The acquisition allowed Longbai Group to control the entire supply chain from vanadium-titanium magnetite to titanium concentrate and titanium dioxide, enhancing its cost control capabilities [4][5]. - As of 2023, Longbai Group's titanium dioxide production capacity reached 1.51 million tons, surpassing international competitors and establishing it as the largest producer globally [5]. Group 2: Production and Cost Advantages - Longbai Group employs both sulfate and chloride processes for titanium dioxide production, with a focus on the more efficient chloride process, which is encouraged by the state [5]. - The company has a significant cost advantage, with production costs approximately 1,000 yuan per ton lower than its peers, providing a buffer during industry downturns [5][6]. - The innovative "sulfur-chlorine coupling" model recycles waste acid from the sulfate process, further reducing production costs and addressing environmental concerns [6]. Group 3: Financial Performance - Despite its strong production capacity and low costs, Longbai Group faced a decline in performance due to macroeconomic pressures and supply-demand imbalances, with a 6.9% year-on-year drop in revenue to 19.45 billion yuan in the first three quarters of 2025 [8]. - Net profit attributable to shareholders fell significantly by 34.7% to 1.67 billion yuan, with the third quarter alone seeing a 65.7% drop in net profit [10][12]. - The decline in profitability was primarily driven by falling titanium dioxide prices, despite record production and sales volumes [12]. Group 4: Market Challenges and Strategic Response - Longbai Group's international revenue decreased by 10.8% in the first half of 2025 due to anti-dumping investigations and high tariffs imposed by the EU, India, and Brazil [16][17]. - In response, the company is shifting its export focus to emerging markets in the Middle East and Southeast Asia, where demand is strong and trade barriers are lower [17]. - Longbai Group has maintained a high dividend payout ratio, distributing nearly all profits to shareholders, reflecting its commitment to returning value to investors [17].

在绿色转型与碳管理上，友达持续推动能源效率与循环经济措施。 公司报告指出，范畴二与范畴 三碳排管理获得提升，并完成碳数字化系统升级，较基准年2021年范畴三减量11.88%。 友达亦 透过再生材料与绿色制造策略，加速循环经济目标达成并带动相关经济效益。 医疗事业成为集团新兴成长动能。 友达医疗相关营收规模已达百亿元等级，预期以现有显示与感 测技术支撑业务稳定成长，并透过3D显微手术影像与AI整合方案，扩大在临床与教学场域的应 用。 此外，友达还在前（9）日公布11月合并营收240.36亿元（约合人民币54.51亿元），环比增长 14.92%，同比3.35%的增长；累计前11月合并营收2561.98亿元（约合人民币581.06亿元）， 年增0.2%。 友达近日公布多项营运与转型进展，显示在面板市况回稳与多元布局下，营运表现与结构性调整 同步推进。针对面板价格走势变化，友达持续优化产品组合，并强化车用与工业用面板布局。 友达在车用显示导入多屏设计与整合度提升，有助提升高阶产品比重，支撑单月营收回升；同时 留意品牌客户拉货节奏与全球终端市场需求变动。 图片来源：友达 在数字化与智能制造方面，友达推动七年数字转型，通 ...

内容概况：当前，中国防静电袋行业正处于创新转型与结构升级的关键阶段，在电子制造、半导体、医 疗器械等下游产业快速发展的推动下，行业整体呈现市场规模持续扩张、产品结构不断优化、技术标准 逐步提升的发展态势。2024年，中国防静电袋行业市场规模约为11.38亿元，同比增长7.56%。这一增长 不仅得益于电子信息产业对静电防护要求的不断提高，也受益于新材料研发与智能化生产工艺的加速落 地。 相关上市企业：天华新能（300390）、双星新材（002858）、 相关企业：江苏鼎胜新能源材料股份有限公司、广东嘉元科技股份有限公司、九江德福科技股份有限公 司、贝特瑞新材料集团股份有限公司、中国石油化工股份有限公司、恒逸石化股份有限公司、新疆中泰 化学股份有限公司、深圳市中明科技股份有限公司、广东金明精机股份有限公司、潮州三环（集团）股 份有限公司、隆基绿能科技股份有限公司、深圳迈瑞生物医疗电子股份有限公司、中国兵器工业集团有 限公司、中国航天科技集团有限公司、内蒙古伊利实业集团股份有限公司、万华化学集团股份有限公司 关键词：防静电袋、防静电袋市场规模、防静电袋行业现状、防静电袋发展趋势 一、行业概述 防静电袋是一种专为静电 ...

"为保障首单发动机再制造业务合规高效开展，我们提前介入、精准服务。"梧州海关相关负责人介绍， 针对发动机再制造工艺复杂、监管要求高的特点，梧州海关量身定制监管方案，指导企业建立与海关联 网的信息化管理系统，实现保税货物从入境、仓储、加工到出境的全链条闭环监管，既守住监管底线， 又为企业打通通关便利化通道。 下一步，梧州海关将持续优化监管模式，支持梧州加快打造具有全国影响力的保税再制造产业集群，为 外贸高质量发展、循环经济提质增效注入更强劲的动能。(完) 据介绍，这批货物经过专业再制造企业的高技术修复与升级改造后，将按计划复运出境，为全国循环经 济高质量发展提供可复制、可推广的实践样本。作为技术密集型的循环经济新模式，保税再制造通 过"境外旧件保税入境—综保区内高端修复—复运出境"的"两头在外"模式，对待再制造发动机进行拆 解、检测、修复、升级，使其性能达到新品标准，既大幅降低资源消耗与碳排放，又能提升产业链附加 值，是践行绿色低碳发展理念的重要路径。 （文章来源：中国新闻网） 梧州作为全国第四个获批汽车发动机、变速箱保税再制造试点的城市，在全国率先实现汽车发动机再制 造业务的落地，既彰显政策试点在政策衔接、技 ...

Core Points - The European Commission has announced an emergency fund of €30 billion to address its dependency on critical raw materials, highlighting a significant strategic failure over the past thirty years [1][3] - The funding is intended to kickstart the Critical Raw Materials Act, which aims for the EU to source at least 10% of its strategic raw materials domestically, process 40% within the EU, and recycle 25% by 2030 [5][3] - A key stipulation is that dependency on any single third country cannot exceed 65%, implicitly targeting China as the main concern [5][3] Historical Context - The article traces the roots of Europe's current predicament back to the 1980s when European elites outsourced mining and processing to developing countries, believing that developed nations should focus on R&D and finance [9][11] - This outsourcing led to a significant decline in mining capabilities and expertise in Europe, resulting in a talent gap in geological sciences [13][16] - The 2010 spike in rare earth prices due to China's export restrictions prompted a brief reconsideration of mining in Europe, but interest waned as prices fell [15][16] Current Challenges - The ongoing conflict in Ukraine has exposed Europe's vulnerability in critical raw materials, leading to a realization of their over-reliance on imports [16][23] - Even if new mining projects are initiated, such as the lithium mine in Serbia, they face significant opposition and delays, complicating the recovery of the industry [18][20] - Europe's current dependency on China for rare earths is alarming, with two-thirds of Germany's imports coming from China, and over 90% when including finished products [23][26] Economic Implications - Rebuilding the rare earth supply chain in Europe is projected to take at least 10 to 15 years, with immediate supply disruptions potentially crippling industries [26][30] - The high costs associated with domestic mining and processing, coupled with bureaucratic inefficiencies, hinder investment confidence in new projects [28][30] - The recycling efforts in Europe are hampered by high costs compared to importing new materials, leading to a paradox where valuable electronic waste is exported rather than recycled [32][34] Political and Financial Landscape - The article emphasizes that breaking the current deadlock will require substantial investment, potentially in the range of hundreds of billions of euros, which is unlikely given the current political climate and fiscal constraints in Europe [36] - The €30 billion fund is viewed as insufficient to make a meaningful impact, reflecting the fragmented approach among EU member states and various governmental departments [36]

小财米 洛溪 /文 当整个中国造纸业在2025年一季度遭遇产量与营收双位数下滑的寒潮时，一家名为安徽林平循环发展股份有限公司的企业，却正试图逆流而上，携一份雄心 勃勃的产能倍增计划叩击沪市主板的大门。林平发展，这家以"循环"为名、主打绿色造纸概念的企业，其招股书描绘了一幅从废纸回收到热电联产的资源综 合利用图景。然而，审视其最新的财务数据与交易所的问询，这幅图景背后更清晰地显现出的，是其深陷行业红海、产业链议价能力孱弱，以及由此导致的 业绩高度不稳定的真实境况。在包装纸行业产能严重过剩、价格战硝烟弥漫的背景下，林平发展不仅未能展现出穿越周期的韧性，其营收连续下滑、利润依 赖补贴、借款激增扩张的现状，恰恰成为观察中国制造业中游企业如何在产业链夹缝中挣扎求存的典型样本。 波动剧烈的盈利与激进的杠杆扩张 业绩的剧烈波动是林平发展产业链短板的外在集中表现。其净利润走势如同一段陡峭的"过山车"：2022年1.54亿元，2023年冲高至2.12亿元，2024年又骤降 至1.53亿元。这种波动远超正常的商业周期范畴。2025年上半年的数据更具戏剧性：归属净利润同比大幅下降26.8%，但环比却暴增226.87%。公司将环比暴 ...

新京报贝壳财经讯（记者黄鑫宇）刚刚收购陕西海皓实业有限公司（即陕西海皓）一个月后，12月9日，北交所公司北京中航泰达环保科技股份有限公司 （即中航泰达，920263.BJ）披露，近日有多家机构投资者对该公司进行了专项调研。 首先，关于陕西海皓收购案，据中航泰达介绍，陕西海皓是一家深耕稀有金属回收及提取、离子交换树脂研发及制备的专业企业，主要从氧化铝母液中提取 高附加值金属镓，其产品可进一步广泛应用于半导体、太阳能电池、合金、磁性材料等消费领域和战略性新兴产业。 官网显示，中航泰达成立于2011年，是一家国内工业烟气治理领域的综合服务商，主要为钢铁、焦化等非电行业提供工业烟气治理全生命周期服务，也是一 家国家级专精特新"小巨人"企业。 进入2025年以来，从财务数据上看，中航泰达各季度内实现营业收入持续增长，但归母净利润则呈现出"倒V"态势，截至6月末，公司实现归母净利润为0.11 亿元，在三个季度中最低。 图/新京报贝壳财经记者根据Wind数据制图 校对 穆祥桐 投资者对中航泰达普遍关注两个问题：一是11月公司完成陕西海皓收购案，二是公司工业机器人业务进展。 陕西海皓的金属镓提取产线布局在其控股子公司贵州海皓 ...

支撑其扩张计划的，是林平发展长期构建的"循环经济"运营体系与多项资质认证。"公司以废纸为主要 原料，配套建设了热电联产项目，实现能源梯级利用，并投入建设了日均处理能力2万吨的污水处理系 统，形成了'废纸利用—热电联产—绿色造纸—污水处理'的闭环。"林平发展相关负责人对《证券日 报》记者表示。 业内人士预测，若本次募投项目顺利通过，林平发展产能与规模将迈上新台阶，行业排名有望进一步前 移。后续，公司对行业周期与市场需求的把握能力、新增产能的消化进度以及成本控制的有效性，将是 影响其规模优势转化为盈利能力与市场地位的关键因素。 中国造纸协会数据显示，2024年全国纸及纸板生产企业约2600家，总产量1.36亿吨，其中，行业前五名 企业合计产量占总产量比重为36.73%。 王雨婷表示，随着环保政策与"能耗双控"等要求，造纸行业门槛将持续提高，市场集中度也将不断提 升，这为规模化企业提供了扩张机遇。从长远发展的角度看，造纸行业将会呈现绿色、环保的发展道 路。 据上海证券交易所网站消息，安徽林平循环发展股份有限公司(以下简称"林平发展")于12月11日上会审 核。 作为一家以废纸为原料的包装用纸生产企业，林平发展本次I ...

Core Viewpoint - The transition to zero-carbon parks is becoming a crucial strategy for multinational companies to support China's dual carbon goals, with Panasonic actively investing in carbon reduction initiatives in its manufacturing processes [1][6]. Group 1: Corporate Strategy and ESG Integration - Panasonic has established 14 "zero carbon factories" in China, with a goal to achieve substantial carbon reduction by 2030, contributing to a reduction of approximately 100 million tons of CO2 [5][6]. - The company emphasizes that competition has evolved from price to technology, models, and sustainability, making ESG a core competitive advantage [1][2]. - Panasonic's strategy is shifting from "in China, for China" to "in China, for the world," necessitating higher standards in R&D and supply chain management [2]. Group 2: Green Development Opportunities - Panasonic sees significant opportunities in China's green development, particularly in energy-saving and low-carbon transitions across various sectors, including home appliances and smart manufacturing [3]. - The company is focusing on renewable energy, including solar, storage, and hydrogen, while ensuring that its products meet international environmental standards [3][4]. - Panasonic aims to enhance battery safety and longevity to support the sustainable development of the new energy industry, particularly in the electric vehicle sector [3]. Group 3: Energy Management and Cost Efficiency - Panasonic is implementing distributed solar power stations in its factories, expecting to generate approximately 10.86 million kWh by the end of the year, which will significantly reduce CO2 emissions and save on energy costs [7]. - The company has developed an energy visualization system in its Qingdao factory, achieving a 5.2% energy saving and reducing energy costs by approximately 250,000 yuan annually [8]. - Panasonic is promoting circular economy practices among its suppliers to drive green transformation across the supply chain [8].

冬日，走进四川绵竹新市化工园区，龙佰四川钛业有限公司、龙蟒大地农业有限公司这对"邻居"企业 间，正在发生奇妙的"化学反应"。两家企业共同生产的产品，正是新能源汽车动力电池不可或缺的正极 材料。不远处的绵竹新材料化工园区塔罐林立，智慧化管理中心巨大的电子屏幕上数据实时跳动，精准 掌控着整个园区的生产脉搏。 "传统"与"新兴"的交融，勾勒出绵竹这座西部工业重镇转型升级的生动剪影。当前，绵竹市正重塑工业 结构、转换发展动能，在新能源、节能环保等战略性新兴产业方面积极布局，将宏伟蓝图转化为工业经 济高质量发展的生动实践。 作为四川省重要的化工产业集聚区，绵竹曾面临着产业结构单一、发展动能不足的问题。面对困局，绵 竹精准把握产业变革趋势，以两大省级化工园区为重要载体，开启了从"传统基地"到"创新高地"的蜕变 之路。 绵竹新市化工园区内，聚集了龙佰钛业、龙蟒大地等28家企业，去年实现产值121亿元。通过构建完整 的循环经济产业链，园区实现资源的高效循环利用，传统产业焕发新生机。 而在绵竹新材料化工园区，一场以"锂电新材料、高端化工新材料"为重点的产业升级正在深入推进。致 远锂业、川发龙蟒、国城锂业、思创锂盐等12家行业新 ...