来源 | 凤凰网《风暴眼》 这个周末，外卖平台的商战打得如火如荼。 打开手机，满屏都是补贴优惠广告。 凤凰网《风暴眼 》注意到，各类优惠活动的力度不断加码，竞争愈发激烈 。 满 28 元减 18.8 元、满 20 元减 10 元的福利还在刷屏，有平台甚至 直接甩出" 0 元兑换券"的王炸。 在这波 "撒钱式"福利轰炸下，网友们乐开了花，个个化身 "羊毛特种兵"，生怕错过这波时代红利。 01 减肥年年有，商战可不常有 排了一上午队，终于抱回八杯饮品。 但这只是常规操作 。 有人揣着 0 元兑换券横扫商圈，从绝味鸭脖到喜茶、奈雪，再到蜜雪冰城、瑞幸，连喜姐炸串都没放过 …… 也有把日子过成 " 外卖连续剧 " 的狠人 ， 一天点九个外卖，早餐、中餐、下午茶、晚餐、宵夜安排得明明白白，甚至连第二天的都提前预订妥了。 有人索性开启囤货模式，奶茶等各种饮品塞满冰箱。 属实把羊毛薅出了仪式感。 40 度的高温天，连空气都在发烫，却拦不住大家排队的热情。 中午快 12 点了，队伍根本看不到尽头。 甚至有暑假工到晚上 12 点，还有一堆订单没做完。 人群中更是藏着穿 " 吉利服 " 的硬核选手。 门店的员工更是忙到灵魂出窍。 ...

每天多看我一眼，投资赚的多一点。 以下文章来源于见闻历 ，作者张雅琦 见闻历 . | 时间 地区 | 内容 预期 前值 | | --- | --- | | 7月14日 周一 | | | 国内 数据 | 10:00 中国 6月进口同比(按美元计) -3.4% | | | 10:00 中国 6月出口同比(按美元计) 4.8% | | 国内 事件 | 10:00 国新办举行新闻发布会介绍 2025年上半年进 出口情况 | | | 15:00 国新办举行新闻发布会,请中国人民银行副 | | | 行长邹澜介绍2025年上半年金融统计数据情况 | | 海外 | 特朗普称将发布有关俄罗斯的"重大声明" | | 7月15日 周二 | | | | -10.7% 10:00 中国 1至6月全国房地产开发投资 10:00 中国 1至6月城镇固定资产投资同比 3.7% | | | 10:00 中国 6月城镇调查失业率 5% | | 国内 | | | 数据 | 10:00 中国 6月规模以上工业增加值同比 5.8% | | | 10:00 中国 6月社会消费品零售总额同比 6.4% | | | 10:00 中国 二季度GDP同比 | ...

Investment Rating - The report maintains a "Recommendation" rating for the environmental and public utility sector [2] Core Viewpoints - The construction of zero-carbon parks has officially started, accelerating the green and low-carbon transformation of industries [10] - The national maximum electricity load reached 1.465 billion kilowatts on July 4, 2025, an increase of approximately 200 million kilowatts from the end of June and nearly 150 million kilowatts year-on-year, indicating strong electricity demand growth [6][10] - The report recommends specific companies such as Sheneng Co., Guodian Power, and China Nuclear Power, while suggesting attention to Zhongmin Energy and Funiu Co. [6] Summary by Sections Key Event Interpretations - The National Development and Reform Commission and other agencies issued a notice to support the construction of zero-carbon parks, marking the beginning of standardized implementation [10] - The approval of a cross-grid trading mechanism aims to optimize electricity resource allocation and support power supply during peak summer periods in 2025 [14] Market Performance Review - The environmental and public utility sector indices increased by 3.17% and 1.11% respectively, with the environmental sector outperforming the market [19] - Year-to-date, the environmental sector has risen by 11.72%, leading over the CSI 300 and ChiNext indices [19] Key Data Tracking - As of July 11, 2025, the price of Qinhuangdao 5500 kcal thermal coal was 630 CNY/ton, up 1.61% from July 4, 2025 [34] - The average price of LNG at the port was 12.94 USD/MMBtu (4829 CNY/ton), reflecting a 3.80% increase from July 3, 2025 [52] - The weighted average electricity price in Guangdong reached a peak of 350.77 CNY/MWh on July 9, 2025, a 31.4% increase [56] Industry Key Events - The implementation of market-oriented pricing for renewable energy projects in Shanxi Province aims to enhance the high-quality development of renewable energy [64] - The establishment of a carbon peak pilot project in Yancheng City focuses on monitoring and analyzing carbon emissions across various sectors [65]

欢迎扫描下方二维码关注： 依据《国家税务总局关于增值税小规模纳税人减免增值税等政策有关征管事项的公告》(国家税务总局公告2023年第1 号)，小规模纳税人发生增值税应税销售行为，合计月销售额未超过10万元的，免征增值税的销售额等项目应当填写在《增 值税及附加税费申报表(小规模纳税人适用)》"小微企业免税销售额"或者"未达起征点销售额"相关栏次。 依据《中华人民共和国税收征收管理法》第六十二条，纳税人未按照规定的期限办理纳税申报和报送纳税资料的，或 者扣缴义务人未按照规定的期限向税务机关报送代扣代缴、代收代缴税款报告表和有关资料的，由税务机关责令限期改 正，可以处二千元以下的罚款；情节严重的，可以处二千元以上一万元以下的罚款。 政策依据 《中华人民共和国税收征收管理法》 《国家税务总局关于明确纳税信用管理若干业务口径的公告》（国家税务总局公告2015年第85号） 《国家税务总局关于将个人所得税〈税收完税证明〉（文书式）调整为〈纳税记录〉有关事项的公告》（国家税务总局公告2018年第55 号） 供稿、制作：李艺珍 来源 上海税务 欢迎扫描下方二维码关注： 温馨提醒：蓝色柳林财税室为非官方平台，是由编者以学习笔记形 ...

以下文章来源于洒家君泽 ，作者洒家君泽 洒家君泽 . 我了解的过去我期待的未来 本文来自微信公众号： 洒家君泽 ，作者：洒家君泽，题图来自：AI生成 那就让我们开战吧！ 战火先从消费者看不到的地方开始，招聘一个外卖员就要花 1500 块，这还不算给他们的工资； 也要让更多大品牌愿意来自己这儿做外卖，星巴克、鼎泰丰的运费都由平台来负担，就为了借他们的 名头吸引更多人； 消费者当然很重要，满15 减 7，满 20 减 10……不论你在美团、饿了么还是百度外卖上，花费不到 20 块钱，就能吃一顿有菜有肉的午餐。 等下，你该不会以为我说的是上周六发生的外卖大战吧？ 这是 2015 年，整整十年前。饿了么拿到了阿里的融资，美团有腾讯作为后盾，而百度那时候也还 是"三巨头"之一，围绕着外卖，三方开始"撒钱"。有人说，单单在当年九月份，美团就消耗了 2 亿 资金，而饿了么也花掉了 1 亿元。 没人说得清这场战争的开始，撒钱，补贴，拉用户，做规模，是那个年代的常态；也没人说得清是什 么时候结束的，美团之后合并了大众点评，不久之后上市；饿了么则收购了百度外卖，阿里又收购了 饿了么，连续发起几次冲击，但最终和美团的差距也没有缩短 ...

"上个周末平均一天赚了800多"。7月11日，饿了么杭州骑手小丽（化名）向记者谈到这个周 末，充满期待。 在7月的第二个周六，外卖、即时零售战火重燃。 美团延续攻势，推出古茗鲜活柠檬水、沪上阿姨茉莉花茶等到店"0元购"兑换券；淘宝闪购加 码发放188元大券包，叠加满38减18.8元等时段折扣，部分茶饮低至1元；京东则以"16.18元品 质小龙虾"为爆点，每晚10万份限时抢购。 以美团为例，记者获悉，随着7月接连迎来订单峰值，美团平台的骑手在7月周末，日收入增长 111%，日单量增长33%，超40万众包骑手日收入超500元。此外，6月期间，全国众包高频骑 手月收入达9793元。 据平台数据，美团订单量破1.2亿单，淘宝闪购日活用户超2亿。本轮补贴战美团、淘宝补贴力 度较首轮有所回调，但美团依旧率先公布订单量。 《科创板日报》记者从美团方面获悉，截至7月12日23点36分，美团即时零售订单量再创新 高，达1.5亿。 与其他外卖平台重点补贴茶饮等高频消费类目不同，沉寂一段时间的京东则在强化对正餐、小 龙虾等餐食品类的补贴。 《科创板日报》记者调查发现，与第一周相比，本周六平台在消费端的补贴力度明显下降，市 场正从" ...

淘宝更擅长有方向的打仗 7月第二个周六，"免费奶茶"冲上微博热搜第一，这标志着闪购大战的第二场正式开打。淘宝闪购微博表示将继续发放"超级星期六"188元大额券包，京东 外卖发文称，每晚10万份品质小龙虾16.18元，请全国人民吃，行业老大微博表示，周六快乐继续。 淘宝却没有太参战，补贴力度也比上周少了不少，为什么呢？因为单纯卷免费奶茶没有意义，而淘宝更擅长有方向的打仗。 昨天闪购的第二场大战并不太激烈，淘宝并没有吹响冲锋号，以至于当"免费奶茶" 冲上微博热搜第一之后，网友@柒咣小布丁 在微博上晒出了淘宝闪购 截图，并发问："是不是我搞错了？请问免费奶茶在哪里？"，评论区第一条粉丝评论："在MEI.团外卖APP，置顶了，如果没有就更新一下APP。"当行业 老二和老三都没有参战时，说明第二场的闪购大战并没有全面打起来。 行业老大发布了截至7月12日23点36分的数据，单日即时零售订单量达到1.5亿，环比上周六增长了3000万，很厉害，这也再次证明了谁才是即时零售之 王。 相比于网友调侃，"周五不要吃饭，因为疯狂星期六要来了。"这场仗淘宝的补贴比上周少得惊人，也低于用户预期。 原因无他，当价格补贴变成了明牌，老大和 ...

行情回顾： ◼ 本周（7.07-7.11）上证综指上涨 1.09%，创业板指上涨 2.36%。碳中和板块上涨 3.52%，环保板块上涨 3.07%， 公用事业板块上涨 1.28%，煤炭板块下跌 0.82%。 每周专题： 行业要闻： 投资建议： ◼ 火电板块：我们建议关注发电资产主要布局在电力供需偏紧、发电侧竞争格局较好地区的火电企业，如皖能电力、 华电国际。水电：建议关注水电运营商龙头长江电力。新能源发电：建议关注新能源龙头龙源电力（H）。核电： 建议关注电价市场化占比提升背景下，核电龙头企业中国核电。 风险提示： 敬请参阅最后一页特别声明 1 ◼ 英国容量市场拍卖如何确定目标容量？为了平衡经济性和可靠性目标，英国容量市场根据电力用户的失负荷价 值和系统可靠性供应的新建机组成本计算系统可靠性目标。电力调度机构根据系统可靠性目标，采用 Least Worst Regret 模型计算出拍卖目标容量，并基于此构建容量需求曲线。 ◼ 参与拍卖的"有效容量"是如何确定的？所谓有效容量，即根据各类发电技术的具体可用性对供电能力进行调 整后的装机容量。英国容量市场采用增量等效可靠容量法（Incremental Equiva ...

Core Viewpoint - The article discusses the intense competition between traditional e-commerce platforms and instant retail, emphasizing that Meituan is the aggressor in this battle, aiming to redefine consumer expectations regarding time and space in shopping [3][4][5][6]. Group 1: Competition Dynamics - The competition is not merely about winning or losing but is a life-and-death struggle for survival between traditional e-commerce and instant retail [4][5]. - Meituan's aggressive push into instant retail, particularly through its Xiaoxiang supermarket initiative, has put significant pressure on traditional e-commerce platforms [5][6]. - Other e-commerce platforms are now forced to respond to Meituan's advances to protect their market share and customer base [7][8]. Group 2: Concept of Time in E-commerce - Instant retail addresses the immediate consumer need for products, which traditional e-commerce struggles to fulfill due to longer delivery times [11][12][16]. - Consumers often prefer to pay a premium for immediate access to products rather than wait for delivery, highlighting the limitations of traditional e-commerce [15][20]. - The convenience of 30-minute delivery from instant retail can lead to a permanent shift in consumer behavior, making traditional e-commerce less appealing [21][22]. Group 3: Concept of Space in E-commerce - Instant retail can change consumers' perceptions of space, as it allows for the immediate acquisition of goods without the need to store them at home [23][25]. - Traditional e-commerce requires consumers to occupy physical space with products, while instant retail offers the possibility of freeing up that space [28][30]. - The shift towards instant retail could lead to a significant reduction in the need for consumers to stockpile goods, fundamentally altering the e-commerce landscape [29][32]. Group 4: Market Implications - The potential loss of customers to instant retail could destabilize traditional e-commerce platforms, as these customers help to dilute operational costs [36][38]. - The article draws parallels between the fragility of large systems and the potential impact of losing even a small percentage of customers on traditional e-commerce platforms [39][42]. - Meituan's determination to dominate the market is evident, as it consolidates resources to focus on its instant retail strategy, indicating a serious threat to traditional e-commerce [43][44].

Investment Rating - The report maintains a "Positive" investment rating for the environmental sector, consistent with the previous rating [2]. Core Insights - The waste incineration industry is entering a mature development phase, with structural differences in capacity utilization across regions. The average load rate of waste incineration plants in China is approximately 60%, indicating underutilization. However, provinces like Guangdong and Zhejiang have higher construction progress but still face low capacity utilization rates of 60% and 49% respectively, below the national average of 73% [18][19][22]. - The report highlights that the number of waste incineration plants in China has increased from 278 in 2017 to 925 in 2023, a growth of 232.7%. The waste incineration capacity has reached 1.035 million tons per day, surpassing the "14th Five-Year Plan" target [18][19]. - The report suggests that the "14th Five-Year Plan" emphasizes environmental quality and green low-carbon development, which is expected to maintain high prosperity in energy conservation and environmental protection sectors. The water and waste incineration sectors are seen as stable profit generators with positive cash flow [40]. Summary by Sections Market Performance - As of July 11, the environmental sector index rose by 3.17%, outperforming the broader market, with specific sub-sectors like environmental equipment increasing by 6.99% [9][12]. Industry Dynamics - Recent initiatives include subsidies for green electricity in Beijing and the establishment of zero-carbon parks to support carbon neutrality goals. These measures are part of a broader strategy to enhance renewable energy usage and promote green transformation [27][28]. Special Topic: Waste Incineration - The report discusses the structural differences in capacity utilization among provinces, with some regions achieving around 90% utilization while others lag behind. The average capacity utilization for listed companies is projected to be 107% in 2024, indicating efficient operations [19][22][26]. Investment Recommendations - The report recommends focusing on high-quality operational assets in the water and waste incineration sectors, highlighting companies such as Huanlan Environment, Xingrong Environment, and Hongcheng Environment as key investment opportunities [40].