Core Insights - Samsonite is a leading name in the travel luggage industry, with a century of history, adapting to changing travel and lifestyle trends while focusing on sustainability [1] - The company has launched its sustainability strategy "Our Responsible Journey" since 2020, emphasizing low carbon, circular economy, and durability as core capabilities for growth [1][4] - Recent interviews reveal the company's commitment to sustainable practices, including achieving 100% renewable energy usage in operations by 2023, two years ahead of schedule, and a significant reduction in carbon intensity [4][3] Sustainability Strategy - The company has set science-based carbon reduction targets aligned with SBTi standards, aiming for 100% renewable electricity in operations and a 52% reduction in scope 3 emissions by 2030 [3] - The sustainability strategy is not just an internal initiative but aims to influence stakeholders across the industry, including investors and suppliers [4] Product Innovation - Samsonite focuses on three innovation areas: sustainable materials, product recyclability, and easy maintenance, enhancing product lifecycle and resource efficiency [5] - The ESSENS series, launching in 2025, will utilize recycled materials and green energy in production, showcasing the company's commitment to reducing carbon footprints [5][6] - The PARALUX™ series, launched globally in September, features over 50% recycled materials and a self-repair design, allowing consumers to extend product life [6] Consumer Engagement - There is a noticeable shift in consumer awareness towards sustainability, particularly among Gen Z, who prioritize responsible consumption [8] - The company communicates sustainability through product transparency, reducing unnecessary packaging, and engaging in trade-in programs to promote sustainable practices [8][11] Market Impact - The company believes that sustainability is not merely a cost but a value proposition that enhances brand loyalty and attracts new customer segments [11] - Durable products may extend purchase cycles, but they also build brand reputation and encourage word-of-mouth marketing [11][12] Supply Chain Collaboration - The company collaborates with suppliers to enhance material sustainability and has established a certification system for suppliers focusing on green production [15] - Efforts include using recycled aluminum and rPET fibers, demonstrating a commitment to a circular economy within the supply chain [15][16] Future Vision - The company aims to create a traceable and circular future, allowing consumers to track the entire lifecycle of products, similar to food sourcing transparency [16] - The vision for ESG in the Chinese market emphasizes ongoing efforts for sustainable development, recognizing it as a long-term commitment [17]

Core Viewpoint - The company, Boyuan Co., Ltd., is focusing on enhancing its market position through a circular economy model, new material and energy strategies, and a comprehensive development plan for the 14th Five-Year Plan period [1][8]. Group 1: Business Model and Market Position - Boyuan Co., Ltd. specializes in fine chemical products, establishing a competitive edge in the market through a diverse product matrix that includes organic and inorganic iodides, as well as luminescent materials [3]. - The company has participated in the formulation of 3 industry standards and 11 group standards, enhancing its influence in the fine chemical sector [3]. - The business model integrates resource utilization by sourcing production waste from upstream companies, which reduces procurement costs and addresses waste disposal challenges [3]. Group 2: Circular Economy and Cost Management - The company has developed a circular economy model centered on the recovery of iodine and precious metals, significantly lowering raw material dependency and production costs [4]. - This model mitigates risks associated with price fluctuations of imported raw materials while achieving both economic and environmental benefits [4]. - The iodine resource recovery business is noted for its advanced recycling processes and large-scale handling capabilities, positioning the company as a leader in the industry [4]. Group 3: New Material and Energy Development - In response to national strategies for developing new productive forces, Boyuan Co., Ltd. is actively investing in high-tech, high-value-added new materials and energy sectors [5]. - The company is increasing R&D investments and enhancing its innovation center to accelerate the commercialization of research outcomes [5]. - Automation and smart technology upgrades in production processes are being implemented to transition towards high-end, intelligent, and green industries [5]. Group 4: Mergers and Acquisitions Strategy - The company maintains an open attitude towards mergers and acquisitions, aiming to evaluate potential targets that offer technological synergies or resource alignment [6]. Group 5: 14th Five-Year Plan Focus - The company’s 14th Five-Year Plan emphasizes five key areas for high-quality development, including talent cultivation, R&D, market expansion, governance, and investor returns [8]. - A comprehensive talent management system is being established to attract and retain skilled professionals, aligning with the company’s growth and technical needs [8]. - The company aims to enhance its governance and investor confidence through strict fund management and transparent information disclosure [8]. Group 6: Green Development and Compliance - Boyuan Co., Ltd. is committed to green and low-carbon development by optimizing production processes to reduce energy consumption and emissions [9]. - The company plans to align with local industrial layouts and regulatory guidelines to support sustainable regional economic development [9].

证券代码：301617 证券简称：博苑股份 编号：2025-017 | | □特定对象调研 □分析师会议 | | | --- | --- | --- | | 投资者关系活 ☑ 动类别 | 媒体采访 □业绩说明会 | | | | □新闻发布会 □路演活动 | | | | □现场参观 □其他（请文字说明其他活动内容） | | | 参与单位名称 | 证券时报、大众日报 | | | 及人员姓名 | | | | 时间 | 年 11 月 26 日 | 2025 | | 地点 | 博苑股份会议室 | | | 上市公司接待 | 1、董事长：李成林 | | | | 2、常务副总经理：王恩训 | | | 人员姓名 | 3、财务总监：孙腾 | | | | 4、证券事务代表：杨艳丽 | | | | 媒体主要提问及答疑： | | | | 1、作为一家化学品公司，公司在细分行业的市场地位如 | | | | 何？对行业产业集聚以及经济发展起到的推动和促进作用如 | | | | | 何？ | | | 答：博苑股份是一家专业从事精细化学品研发、生产、销 | | | | 售及资源综合利用的高新技术企业，经过多年深耕，公司依托 | | | 投资者 ...

Core Viewpoint - Shanxi Jianbang Group has made significant investments in ultra-low emission transformation and waste resource recycling, aiming to enhance environmental sustainability while achieving economic benefits [2][3]. Group 1: Ultra-Low Emission Transformation - Since 2016, the company has invested 3.5 billion yuan in ultra-low emission transformation and related governance efforts [2]. - The company has implemented a fully enclosed material transportation corridor and upgraded dust collection technologies in various production areas, achieving a state where "mining is invisible, material handling is invisible, and iron output is invisible" [2][3]. - The intelligent control platform allows real-time monitoring of air quality and emission points, significantly reducing dust emissions during material handling [1]. Group 2: Waste Resource Recycling - The company has introduced advanced steel slag processing technology, increasing the recovery rate of iron elements in steel slag to over 66% [3]. - Various waste materials, including water slag and converter slag, are processed for reuse in cement and building materials, contributing to cost reduction in production [3]. - The company has been recognized as a national "green factory" in 2022, reflecting its commitment to sustainable practices and carbon reduction [3].

11时15分，空气湿度78.4%，PM2.5为0.34微克/立方米……日前，记者走进位于临汾市的山西建邦集 团，只见超低排放智能化管控平台上，实时显示着厂区综合原料场的空气质量。"只需通过这个数据平 台，便可追溯厂区每个排放点的排放情况。"建邦集团副总裁田琰介绍。 在500万吨封闭式综合原料场，矿石堆积如山，卸料车往来穿梭。"以前，料场卸料时烟尘飞扬，很不环 保。"料场工段长许林全介绍，现在，料场经过智能化改造后，可实现自动化清洁作业，场内的鹰眼能 自动捕捉、监测产尘点，一旦颗粒物超过设定值，雾炮就会自动启动，瞄准产尘点喷出细密的水雾，吸 附粉尘及颗粒物，净化空气。 "物料存储、装卸所产生的排放，是钢铁企业里典型的无组织排放，其源头分散、数量众多、排放随 机，除了矿料装卸，炼铁、炼钢、轧钢等一系列工序均有不同程度的无组织排放情况，有的环节排放源 多达上百个。要真正实现超低排放，离不开智能化、系统化的治理方式。"田琰说。 2016年以来，建邦集团先后投资35亿元开展超低排放改造等治理工作。建设物料输送全密闭通廊；对炼 钢车间进行全封闭改造，采用高效覆膜袋式工艺除尘；对烧结机机尾、转炉、轧机等高温产尘点进 行"全 ...

Core Points - The article reports on the signing of a bilateral memorandum of understanding between Cuba and Brazil aimed at enhancing environmental protection cooperation [1] - The memorandum is valid for five years and can be automatically renewed, focusing on areas such as climate change, circular economy, biodiversity conservation, and ecosystem management [1] - The agreement includes activities like information exchange, expert visits, and joint meetings to deepen collaboration between the two countries [1] - The Cuban Minister of Science and Environment, Rodriguez, praised the meeting and the signing of the agreement, stating it will strengthen the friendship between the two nations [1]

Core Insights - The Volvo Cars Asia Pacific Sustainable Development Technology Exhibition was held from November 26 to 28, 2025, focusing on sustainable development and the company's electrification transformation [1] Group 1: Event Overview - The exhibition has been successfully held five times since its inception in 2020, becoming a core platform for connecting industry partners and showcasing cutting-edge technology [2] - Over the five years, the exhibition attracted 71 suppliers and over 10,000 attendees, enhancing its industry influence [2] Group 2: Key Projects and Achievements - The "Hundred Green Power" project was launched in 2023, committing to the use of clean electricity in over 100 parts factories, resulting in a replacement of over 51 billion kilowatt-hours of clean energy by the end of 2024 [2] - Volvo has signed low-carbon aluminum agreements with 34 suppliers, expected to cover 85% of the aluminum content in all vehicle parts by October 2025 [2] Group 3: Circular Economy Initiatives - Volvo is collaborating with supply chain partners to develop innovative recycling solutions, including a 100% closed-loop recycling system for aluminum and a battery material circular management plan starting in 2025 [3] Group 4: Technological Innovations - The XC70 hybrid model, featuring a 1.5T hybrid engine and advanced electric motor combinations, was showcased, achieving over 200 kilometers of pure electric range and over 1200 kilometers of total range under CLTC conditions [4] - The exhibition highlighted the significant carbon reduction potential of remanufactured parts, emphasizing the value of circular business models in environmental sustainability [4] Group 5: Industry Collaboration and Recognition - The event included discussions on future sustainable supply chains, covering topics such as batteries, smart cabins, and intelligent driving technologies [5] - Several suppliers were awarded the "Sustainable Outstanding Contribution Award" for their achievements in circular economy and climate action [5] Group 6: Future Outlook - The company aims to build a more efficient, resilient, and sustainable supply chain ecosystem, emphasizing the importance of long-term investment in sustainable development [6] - Volvo Cars is committed to continuing its journey in sustainable practices and technological innovation to provide worry-free travel solutions for consumers [6]

11月26日，在天津港保税区，中国资源循环集团绿色低碳循环经济示范基地内首个风热、光热耦合示范 项目正式投运。随着风机叶片缓缓转动，意味着退役风机和光伏组件实现"二次上岗"。该项目核心装备 是一台200kW风力磁涡流热泵机组，能将风能直接、高效地转化为热能，实现风能"宜电则电、宜热则 热"的高效利用。这一技术大大提高能源和设备利用率，还实现了对退役风机关键设备的梯次利用。该 项目装备了2块光伏热组件，将太阳辐射转化成电能和热能，实现了太阳能的"双重利用"，也为退役光 伏组件提供了一个有效的高值梯次利用途径。"我们将退役新能源设备梯次利用作为打通'双碳'链条的 关键环节，既缓解风光产业固废压力，又降低清洁供热成本，实现了'循环利用、变废为宝'。"中国资 源循环集团新能源科技有限公司党委书记、董事长王冬容介绍。（新华社） ...

Core Viewpoint - The transformation of waste into energy through waste incineration is beneficial, but it does not imply that an increase in waste generation is acceptable. Public education on waste management and the risks of secondary pollution is essential [1] Group 1: Waste Management and Public Perception - A student's remark during an environmental education event highlights a misunderstanding that increased waste is inconsequential due to waste-to-energy technology [1] - Historically, waste treatment facilities have been associated with unpleasant odors and negative community impacts, but modern facilities have improved significantly, eliminating odors and creating job opportunities for local residents [1] Group 2: Education and Awareness - It is crucial to educate the public not only about the technology behind waste-to-energy conversion but also about the principles of a circular economy [1] - Public understanding of waste classification and the importance of reducing, reusing, and recycling is necessary to foster a lifestyle that minimizes waste and promotes sustainability [1]

Core Insights - Shandong is recognized as a strong manufacturing province with a complete industrial and supply chain, as well as being an energy-rich province [1] - Veolia's senior vice president highlighted specific cooperation paths to assist Shandong in its green and low-carbon transition [1] Group 1: Greenhouse Gas Emission Reduction - Veolia shared successful case studies from Shanghai and Hong Kong, indicating that these innovative models can be replicated in Shandong's industrial context [3] - The company has invested in various projects across multiple cities in Shandong, including biomass energy, water services, solid waste management, and soil remediation [3] Group 2: Circular Economy Development - Veolia has established operations in cities such as Jinan, Qingdao, Yantai, Binzhou, Jining, and Dongying, focusing on circular economy initiatives [3] - The company aims to deepen cooperation with heavy chemical enterprises in Shandong to address environmental challenges posed by emerging industries [3] Group 3: Technological Innovation - Veolia has a global research and development strength with 14 R&D centers and an additional investment of €200 million to enhance digital innovation technologies [3] - The company is exploring the application of innovative carbon-rich technologies, leveraging Shandong's complete industrial chain to provide extensive application scenarios for these green innovations [3] Group 4: International Cooperation - The push for green and low-carbon development aligns with Shandong's goals for high-quality development and is also central to Veolia's mission [3] - Veolia looks forward to deepening cooperation with Shandong and promoting international collaboration in the green and low-carbon sector between China and Europe, as well as China and France [3]