Core Insights - The "Golden Award" annual excellence company selection by Gelonghui will reveal a list of notable companies, highlighting those recognized for their contributions to ESG (Environmental, Social, Governance) principles [1][2] Group 1: Award Winners - Ten companies have been awarded the "Annual ESG Pioneer Award (Large Market Capitalization)," including Aier Eye Hospital, Beike, Bosideng, Mengniu Dairy, CATL, Tongcheng Travel, Weichai Power, China Feihe, China State Construction International, and Sinotruk [1] - The award aims to identify companies that balance economic efficiency with social responsibility, recognizing their outstanding contributions to promoting ESG concepts and pursuing high-quality sustainable development [1] Group 2: Evaluation Process - The selection process for the awards involved quantitative data analysis and evaluation by an expert review panel to determine the final results [1] - The "Golden Award" aims to create a reference list of the most valuable listed companies and unicorns in the investment community, covering all listed companies on major exchanges including the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, and NASDAQ [2]

Core Viewpoint - The "Golden Award" annual excellence company selection by Gelonghui highlights companies that excel in both economic performance and social responsibility, particularly focusing on ESG (Environmental, Social, Governance) criteria [1][2]. Group 1: Award Winners - Eight companies received the "Annual ESG Pioneer Award (Small and Medium Market Capitalization)" for their outstanding contributions to promoting ESG principles and sustainable development: - Li Jin Technology (00558.HK) - Lianyi Rong Technology-W (09959.HK) - Mobi Development (00947.HK) - Qingci Games (06633.HK) - Tianlun Gas (01600.HK) - Tongrentang Technology (01666.HK) - Weimob Group (02013.HK) - Zhonghui Group (00382.HK) The ranking is in alphabetical order and does not imply any hierarchy [1]. Group 2: Evaluation Criteria - The selection process for the awards involved quantitative data analysis and evaluation by an expert panel, ensuring a comprehensive assessment of the companies' ESG efforts [1]. - The "Annual ESG Pioneer Award" aims to recognize companies that balance economic efficiency with social responsibility, emphasizing their commitment to high-quality sustainable development [1]. Group 3: Event Overview - Gelonghui hosted an online sharing session titled "Technology Empowerment, Capital Breakthrough" on December 22, where the award winners were announced [1]. - The "Golden Award" aims to create a valuable reference list of listed companies and unicorns, covering all listed companies on major exchanges including the Hong Kong Stock Exchange, Shanghai Stock Exchange, Shenzhen Stock Exchange, New York Stock Exchange, and NASDAQ [2].

Core Viewpoint - The "Annual ESG Pioneer Award (Small and Medium Market Capitalization)" recognizes companies that balance economic efficiency with social responsibility, highlighting their contributions to environmental, social, and governance (ESG) practices [1][2]. Group 1: Award Recipients - Eight companies received the "Annual ESG Pioneer Award (Small and Medium Market Capitalization)": - Li Jin Technology (00558.HK) - Lianyi Rong Technology-W (09959.HK) - Mobi Development (00947.HK) - Qingci Games (06633.HK) - Tianlun Gas (01600.HK) - Tongrentang Technology (01666.HK) - Weimob Group (02013.HK) - Zhonghui Group (00382.HK) - The ranking is in alphabetical order and does not imply any hierarchy [1]. Group 2: Evaluation Criteria - The award is based on a combination of quantitative data analysis and expert review, ensuring a comprehensive evaluation of the companies' ESG efforts [1]. - The aim of the award is to identify green enterprises and advanced companies that excel in promoting ESG principles and pursuing high-quality sustainable development [1]. Group 3: Event Overview - The event "Technology Empowerment, Capital Breakthrough" was held online on December 22, where the prestigious list of outstanding companies was announced [1]. - The "Golden Award" aims to create a valuable reference for investors by ranking listed companies and unicorns across various stock exchanges, including Hong Kong, Shanghai, Shenzhen, New York, and NASDAQ [2].

12月22日，格隆汇在线上举办"科技赋能·资本破局"分享会。在格隆汇"金格奖"年度卓越公司评选中， 青瓷游戏(06633.HK)荣获"年度卓越IR团队"及"年度ESG先锋奖"。 "年度卓越IR团队"旨在表彰优秀的上市公司IR团队为推动行业变革与发展作出的卓越贡献；"年度ESG 先锋奖"则旨在寻找经济效能与社会责任并重的绿色企业与先进企业，是对公司在环境、社会、公司治 理三方面工作的高度认可。相关评选均通过定量数据分析和专家评审团等方式得出最终结果。 可以说，这些奖项直观地展现了资本市场对青瓷游戏的肯定，对其未来发展释放了积极信号。 一、稳健基本盘支撑下的价值传递 IR 成果显著的背后，实际上是青瓷游戏在游戏领域稳步前行的有力证明。投资者关系工作的高效与透 明，从来都植根于公司持续的业务活力与产品创新能力。 一方面，青瓷游戏不断追求创新，通过优化现有游戏玩法和提升用户体验等策略，持续推出高品质的游 戏内容，扩大IP品牌的影响力。 以标志性产品《最强蜗牛》为例，在2025年上线五周年之际，游戏推出全新的第九国家副本"波斯"、新 角色"呱呱"以及丰富的周年庆专属活动，持续激发核心社群的活跃度。同时，上线接近10年的 ...

Core Insights - The integration of Shanghai and Suzhou has reached a significant milestone with improved transportation links, but the next phase focuses on smoother operational integration rather than just speed [1][2][3] - The recent proposal by the Jiangsu Provincial Party Committee emphasizes the need for Suzhou to transition from merely learning from Shanghai to fully integrating with it, highlighting the importance of addressing discrepancies in standards, interests, and assessments [1][2] Group 1: Hard Connectivity Achievements - The Shanghai Metro Line 11 has been extended to Kunshan, and high-speed rail travel between Suzhou North Station and Shanghai Hongqiao has been reduced to approximately 23 minutes [1] - The combined GDP of Shanghai and Suzhou is projected to exceed 8 trillion yuan in 2024, with Shanghai at 5.39 trillion yuan and Suzhou at 2.67 trillion yuan [1] Group 2: Soft Frictions in Integration - The main challenges in the integration process are categorized into three types of "soft frictions": differences in standards and processes, difficulties in benefit distribution, and structural constraints from assessment and competition logic [2][3] - The fragmentation in standards and processes leads to increased hidden costs for businesses operating across cities, as multiple recognitions and submissions are required [2] Group 3: Institutional Tools for Collaboration - Effective solutions to the identified soft frictions involve creating executable, assessable, and replicable institutional tools rather than merely increasing coordination meetings [4][5] - The Long Triangle Ecological Green Integration Development Demonstration Zone has successfully transformed cross-provincial collaboration from project-based to rule-based, addressing common bottlenecks with a practical "toolbox" approach [4] Group 4: Focus on Public Welfare - The integration's success is also measured by its impact on public welfare, with initiatives to streamline cross-city services such as social security transfers and public housing loans, aiming for completion within three working days [5] - The establishment of a unified social security card system aims to enhance daily experiences of integration by covering various services like transportation and library access [5] Group 5: Expanding Institutional Frameworks - The current focus should be on expanding successful practices from pilot projects into a broader institutional product library, allowing for systematic operation rather than isolated breakthroughs [6] - The goal is to align evaluation standards and regulatory measures across regions, facilitating smoother project approvals and enhancing the overall experience of integration for residents and businesses [6] Group 6: National Demonstration Significance - The Shanghai-Suzhou integration serves as a national model for cross-provincial collaboration, emphasizing the need for both speed and clarity in operational processes [7] - The ongoing investment in infrastructure, such as the 600 billion yuan allocated for railway construction in the Yangtze River Delta during the 14th Five-Year Plan, supports this integration effort [7]

在金价高位运行、全球不确定性加剧的背景下，黄金行业迎来新的上升周期，但竞争的底层逻辑正在悄 然切换。决定企业能否穿越周期的关键，正从资源禀赋与产量扩张，转向安全、环保、合规与社区关系 等治理能力。在三亚举行的2025中国（三亚）国际黄金市场年会暨黄金行业可持续发展大会上，来自中 国黄金、山东黄金、紫金矿业和山东招金的世界黄金协会四家会员企业代表，围绕可持续发展与行业未 来集中发声，勾勒出黄金行业正在形成的新竞争坐标。 山东黄金：坚持绿色低碳为引领 推动黄金高质量发展 山东黄金集团有限公司党委常委、副总经理肖耀猛在发言中指出，国家多次强调绿色发展已成为高质量 发展的底色，新质生产力本身就是绿色生产力。在矿业领域，绿色低碳转型不再是形象工程，而是关乎 长期运营稳定性与发展韧性的关键路径。 山东黄金集团自2010年伊始便确立了"山东黄金生态矿业""用心守护绿水青山，用爱造福地球家园"等绿 色发展理念，坚持生态优先绿色发展，大力推进绿色矿山建设；"十四五"以来，集团环保减排投入年均 增长20%以上，环境污染防控水平和环境风险防范能力得到不断提升；坚持山水林田湖草沙一体化保护 和系统治理，全面打造"三季有花、四季常绿" ...

圆桌分享环节由深圳市社会科学院研究员、创建家庭友好型工作场所体系编制负责人徐宇珊主持，围 绕"家庭友好政策如何内化为企业可持续发展的核心动力"主题展开。某大型企业有关负责人分享了企业 在家庭友好政策上的系统性实践，包括"程二代程长礼金"、弹性办公、带薪陪护日等举措，数据显示其 女性生育后返岗率接近96.2%，返岗后半年内稳定留任率达97.6%。IPC-1401 ESG管理体系标准技术组 主席周国银从ESG（环境、社会和公司治理）治理角度，强调应将家庭友好融入企业业务流程，使其成 为可落地、可考核的日常工作。Stantec供应链审核经理Sophia Peng表示，获得"家庭友好型工作场所"认 证，能为企业带来显著的品牌价值与商业机会。例如，在供应链或商业合作中，注重ESG与社会责任的 优质买家及国际组织，会优先将已获认证的企业纳入合作伙伴选择范围。这种市场端的认可与激励，将 成为企业持续投入家庭友好型工作场所建设的核心动力之一。深圳市企业评价协会常务副会长李亚平呼 吁大中小企业结合自身实际参与创建，形成政府、社会、企业协同推进的良好格局。 交流会现场，首批8家参与家庭友好型工作场所创建体系测评并达标的用人单位获 ...

The European Union’s ESG framework — a shadow of its former self after a year of deep cuts — is drawing renewed threats from the US https://t.co/4DyyB9BBj3 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 来源：艾格农业 导语 每年，全球约有三分之一的食物未被消费即遭丢弃。根据联合国粮农组织（FAO）的数据，食物浪费与 损失约占全球温室气体排放量的8%-10%，其碳足迹近乎全球航空业总排放量的五倍。面对这一严峻的 资源与环境挑战，一个将废弃食物转化为高价值产品的"升级再造食品"（Upcycled Food）产业应运而 生，并迅速成长为一条重要的循环经济路径。 一、 全球市场兴起与技术驱动 升级再造食品，指的是利用原本可能被废弃的食品原料，通过创新工艺再生产出安全、营养的新食品。 这一市场正展现出巨大潜力。据BCC Research预测，全球升级再造食品市场预计将以5.6%的复合年增长 率扩张，到2029年规模有望达到748亿美元。 在中国，对食品副产物的资源化利用也已成为龙头企业践行ESG（环境、社会和治理）理念与探索新增 长点的重要方向。 白酒行业是典型代表。贵州茅台旗下的循环产投公司，已建立完整的酿酒副产物循环利用体系，将酒 糟、窖泥等100%资源化，年处理能力达30万吨，可生产有机肥12万吨、饲料2万吨。上市环保公司路德 环境则专注 ...

证券研究报告 | 金融工程 2025 年 12 月 22 日 全国能源工作会议部署转型任务，欧盟扩大碳关税覆盖范围 ——ESG 市场观察周报（20251221） 1、要闻速览：国内强化能源转型与碳标准，欧盟调整碳关税与汽车减排政策 国内方面，全国能源工作会议部署 2026 年七大任务，推动能源安全与绿色转 型协同；国家发改委更新煤炭清洁高效利用标准，强化产业升级约束；七部门联合 印发产品碳足迹因子数据库建设指引，构建标准化数据体系；全国发展和改革工作 会议进一步强化碳排放"双控"制度实施。 国际方面，欧盟拟扩大碳关税（CBAM）覆盖范围至下游钢铝产品，新增约 180 类产品以防范碳泄漏风险；同时拟放宽 2035 年汽车减排目标，允许新车碳排放 降低 90%并以低碳材料与燃料进行抵消；加拿大宣布启动可持续投资分类标准制 定，计划于 2026 年底推出首批指引；贝莱德因 ESG 理念分歧再度失去荷兰养老金 PME 的委任，凸显可持续投资实践在欧洲资管市场的重要性。 2、市场动向：ESG 指数分化，绿色转型板块承压 本周国内 ESG 指数分化，SEEE 碳中和指数下跌 1.01%，300 ESG 指数跌 0.35% ...