证券日报网讯 9月17日晚间，绿通科技发布公告称，近日，公司与格林美股份有限公司（SZ.002340） 的控股子公司武汉动力电池再生技术有限公司（简称"动力再生"）签署《关于开展双方战略合作框架协 议》，双方决定联合各方优势，在新能源场地车辆及动力电池回收利用领域建立全面战略合作伙伴关 系，实现对场地电动车、动力电池的回收利用、后市场维保、材料循环再生的全生命周期价值链体系， 打造"新能源车回收—动力电池回收—电池原料再造—电池材料再造—动力电池再造"闭环产业链，共同 推动绿色低碳产业发展，提升全球市场竞争力，实现经济效益与环境效益的协同发展。公司本次签署框 架协议无需提交公司董事会和股东会审议。 （文章来源：证券日报） ...

Core Viewpoint - Green Technology (301322) has signed a strategic cooperation framework agreement with Greeenmei's subsidiary, Power Regeneration, to establish a comprehensive partnership in the field of new energy vehicles and battery recycling, aiming to create a closed-loop industrial chain and promote green low-carbon industry development [1][2]. Group 1: Company Overview - Green Technology primarily engages in the research, production, and sales of site electric vehicles, including golf carts, sightseeing cars, electric patrol vehicles, electric trucks, and cleaning equipment, with a focus on export business to over 100 countries and regions [1]. - In the first half of 2025, the company reported operating revenue of 374 million yuan, a year-on-year decrease of 12.30%, and a net profit attributable to shareholders of 46.2 million yuan, down 46.50% year-on-year [1]. Group 2: Strategic Cooperation Details - The cooperation will focus on electric sightseeing cars, golf carts, cleaning vehicles, and lithium battery projects, with Green Technology prioritizing the procurement of lithium battery systems from Power Regeneration for its vehicles [2]. - Both companies will jointly invest to establish an asset-holding company focused on the operation and leasing of sightseeing vehicles, utilizing innovative business models to enhance market performance [2]. - Green Technology is obligated to sell its vehicles and batteries to Power Regeneration for compliant disposal, while Power Regeneration will provide competitive residual value recovery services for the vehicles and battery systems [2]. Group 3: Impact of the Agreement - The signing of the framework agreement is expected to strengthen the market expansion of Green Technology without affecting its business independence or significantly impacting its financial status and operating results for the current year [2].

Core Viewpoint - The company Greenway Technology (301322.SZ) has signed a strategic cooperation framework agreement with Greeenmei (002340.SZ) and its subsidiary Wuhan Power Battery Recycling Technology Co., Ltd. to establish a comprehensive strategic partnership in the field of new energy vehicles and power battery recycling [1] Group 1: Strategic Cooperation - The partnership aims to leverage each party's strengths to create a full lifecycle value chain system for site electric vehicles and power battery recycling [1] - The collaboration will focus on the recycling of new energy vehicles and power batteries, after-market maintenance, and material recycling [1] Group 2: Industry Impact - The initiative seeks to build a closed-loop industrial chain that includes "new energy vehicle recycling—power battery recycling—battery raw material regeneration—battery material regeneration—power battery regeneration" [1] - The goal is to promote the development of a green low-carbon industry, enhance global market competitiveness, and achieve a synergy between economic and environmental benefits [1]

智通财经APP讯，绿通科技(301322.SZ)公告，公司与格林美(002340.SZ)的控股子公司武汉动力电池再生 技术有限公司(简称"动力再生")签署《关于开展双方战略合作框架协议》，双方决定联合各方优势，在 新能源场地车辆及动力电池回收利用领域建立全面战略合作伙伴关系，实现对场地电动车、动力电池的 回收利用、后市场维保、材料循环再生的全生命周期价值链体系，打造"新能源车回收—动力电池回收 —电池原料再造—电池材料再造—动力电池再造"闭环产业链，共同推动绿色低碳产业发展，提升全球 市场竞争力，实现经济效益与环境效益的协同发展。 ...

Core Viewpoint - Green Technology (301322.SZ) has signed a strategic cooperation framework agreement with Wuhan Power Battery Recycling Technology Co., Ltd., a subsidiary of GEM Co., Ltd. (SZ.002340), to establish a comprehensive strategic partnership in the field of new energy vehicles and power battery recycling [1] Group 1: Strategic Cooperation - The partnership aims to leverage the strengths of both parties to create a full lifecycle value chain system for the recycling and utilization of site electric vehicles and power batteries [1] - The collaboration will focus on the entire lifecycle of the industry, including new energy vehicle recycling, power battery recycling, after-market maintenance, material recycling, and battery material regeneration [1] Group 2: Industry Impact - The initiative is expected to promote the development of a green low-carbon industry, enhance global market competitiveness, and achieve a synergy between economic and environmental benefits [1]

绿通科技公告，近日与格林美股份有限公司的控股子公司武汉动力电池再生技术有限公司签署《关于开 展双方战略合作框架协议》。双方决定联合优势，在新能源场地车辆及动力电池回收利用领域建立全面 战略合作伙伴关系，实现对场地电动车、动力电池的回收利用、后市场维保、材料循环再生的全生命周 期价值链体系，打造闭环产业链，共同推动绿色低碳产业发展。 ...

Core Viewpoint - The recent visit by the Ruyue Water Group from Wudi County to SANY Heavy Industry in Changsha aims to explore collaboration opportunities in advanced manufacturing and new energy equipment sectors, laying a foundation for future partnerships [6][9]. Group 1: Company Overview - Ruyue Water Group is a leading enterprise in Wudi County's water services and related industries, demonstrating stable operational capabilities and resource reserves in traditional areas such as water infrastructure construction and supply assurance [8]. - The group has actively expanded into green and low-carbon industries, accumulating rich experience in new energy project investments and equipment application scenarios [8]. Group 2: Government Support and Policies - Zhang Shenglin, a member of the county's state-owned assets party committee, highlighted the favorable business environment in Wudi County, including policies for land supply, tax reductions, and talent recruitment aimed at supporting key industries like advanced equipment manufacturing and new energy [8]. - A one-on-one service mechanism has been established to ensure robust support for enterprises' development [8]. Group 3: Collaboration Opportunities - SANY Heavy Industry expressed willingness to leverage its strengths to explore cooperation opportunities with Ruyue Water Group in areas such as smart water management and new energy equipment [8]. - The visit is seen as a catalyst for transforming intentions into tangible projects, contributing to the high-quality economic development of Wudi County [9].

Core Viewpoint - Shandong Expressway indicated a planned reduction in financial investments due to the maturity of previous projects, focusing future investments on high-quality projects related to its main industry chain and green low-carbon sectors [1] Financial Performance - The company reported a comprehensive financial cost of approximately 3.05% [1] - Future strategies include negotiating with financial institutions, repaying loans in advance based on funding needs, and replacing high-interest financing with low-interest options to further reduce financial costs [1] Ongoing Projects - Current projects under construction include the Jingtai Expressway Qiji Section, Weilai Expressway, and G220 Dongshen Line, which are undergoing expansion and renovation with significant capital expenditures [1]

Core Viewpoint - The establishment of the "China International Science and Technology Promotion Association Mother Fund Branch" aims to enhance the role of mother funds in China's capital market, promote social capital towards innovative enterprises, and support the healthy development of the investment industry, particularly the mother fund sector [1]. Group 1: Key Developments in Investment Funds - The first national issuance of a 1.5 billion yuan science and technology innovation bond by Zhongguancun Capital has been approved, marking a significant step in supporting technology innovation [2][4]. - Fuchuang Investment signed a sub-fund cooperation agreement with the Sichuan Provincial Achievement Transformation Investment Guidance Fund, aiming to promote the transformation of scientific achievements into industry [7][9]. - A promotional meeting for the Jiangsu Yancheng Green Low-Carbon Industry Special Mother Fund was successfully held in Shanghai, focusing on attracting investment for green and low-carbon projects [11][13]. - The government of Anyang City held discussions with Yuzhi Holdings Group to explore further cooperation in economic development and industrial transformation [15][17]. - Shanda Investment facilitated the signing of a project in Huai Bei, focusing on the Xiaomi ecological chain, which aims to enhance the local industry [19][21]. - Guoshou Investment has been entrusted to invest in the expansion of the Guotai Junan Lingang Industrial Park REIT, which raised approximately 1.7235 billion yuan, marking it as the largest REIT expansion project in the industry [22][24]. Group 2: Strategic Focus Areas - Zhongguancun Capital emphasizes early, small, long-term, and hard technology investments, with at least 70% of the bond proceeds allocated to technology innovation fields such as integrated circuits, life health, artificial intelligence, new energy, and new materials [5][6]. - The Sichuan Provincial Achievement Transformation Investment Guidance Fund, with a total scale of 5 billion yuan, focuses on early-stage investments in frontier technologies and future industries [9][10]. - The Jiangsu Yancheng Green Low-Carbon Industry Special Mother Fund aims to leverage resources to promote high-quality development in the local industrial cluster [14]. - The collaboration between Fuchuang Investment and Sichuan aims to create a virtuous cycle of technology, industry, and finance, enhancing the local economic landscape [10].

Core Viewpoint - The report highlights the financial performance and strategic positioning of Zhejiang Jiaao Environmental Protection Technology Co., Ltd. for the first half of 2025, emphasizing significant revenue growth and ongoing investments in sustainable energy solutions [1][2]. Company Overview and Financial Indicators - Company Name: Zhejiang Jiaao Environmental Protection Technology Co., Ltd. [2] - Stock Code: 603822 [2] - Total Revenue for H1 2025: CNY 1,298,322,232.10, a 71% increase from CNY 759,242,105.67 in the same period last year [2][3]. - Total Assets: CNY 6,497,841,553.48, up 9.10% from CNY 5,956,015,533.61 [2]. - Net Profit attributable to shareholders: CNY -78,234,718.66, compared to CNY -74,699,544.24 in the previous year [2][3]. - Basic Earnings per Share: CNY -1.0183 [2]. Industry Context and Business Operations - The company operates in the context of increasing environmental regulations and a global push for carbon neutrality, which is driving demand for biofuels, particularly sustainable aviation fuel [3][4]. - The company’s main products include environmentally friendly plasticizers, stabilizers, and biomass energy, with biomass energy accounting for 71.86% of its main business revenue [3][4]. - The company is positioned to benefit from policy incentives and its strategic location in the Yangtze River Delta, enhancing its competitive advantage in the biomass energy sector [3][4]. Operational Highlights - The company has made significant investments in technology and innovation, holding 45 authorized national invention patents and 54 utility model patents as of June 2025 [5][6]. - The company emphasizes safety and environmental responsibility, achieving all safety production targets without major incidents during the reporting period [4][5]. - The management team is stable and experienced, focusing on the development of biomass energy and environmentally friendly plasticizers, which enhances the company's market competitiveness [6][7]. Financial Performance Analysis - Operating costs increased by 65.50% to CNY 1,265,013,782.16, primarily due to higher export volumes of biomass energy [3][4]. - The net cash flow from operating activities decreased by 85.79% to CNY 51,750,798.37, indicating challenges in cash generation despite revenue growth [3][4]. - The company’s net assets attributable to shareholders decreased by 35.55% to CNY 395,576,002.29, reflecting financial pressures [2][3]. Strategic Initiatives - The company is actively pursuing the development of a 500,000-ton annual biomass energy project in Lianyungang, which is expected to enhance its production capacity and market presence [8]. - The focus on research and development is aimed at maintaining technological leadership in the production of eco-friendly products, aligning with global sustainability trends [5][6].