证券代码：603988 证券简称：中电电机 公告编号：临2025-048 中电电机股份有限公司 关于投资设立全资子公司的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： ● 本次对外投资不构成关联交易，也不构成重大资产重组； ● 相关风险提示：本次投资符合公司长远规划及业务发展的需要，但未来子公司在实际运营过程中可能 受到政策法规、宏观经济、行业周期、市场、经营、管理等方面风险因素的影响，后续投资收益存在一 定的不确定性。公司将加强风险防范，提高管理能力和经营效率，积极应对未来发展过程中可能面临的 各种风险。 一、对外投资概述 （一）本次交易概况 根据公司的业务特点和股东情况，结合国家和相关地方对"十五五"发展的布局谋划，公司拟在内蒙古设 立全资子公司，核心系抢抓风光电储新能源及金属矿产资源行业发展机遇，同时依托公司电机制造的行 业基础，拓宽电机的应用场景、实现业务上下游联动拓展与战略升级，构建全产业链的发展格局，提升 核心竞争力与可持续盈利能力。 此举首先旨在紧扣"双碳"政策导向，把握新能源产业高速 ...

格隆汇12月22日丨中电电机(603988.SH)公布，根据公司的业务特点和股东情况，结合国家和相关地方 对"十五五"发展的布局谋划，公司拟在内蒙古设立全资子公司，核心系抢抓风光电储新能源及金属矿产 资源行业发展机遇，同时依托公司电机制造的行业基础，拓宽电机的应用场景、实现业务上下游联动拓 展与战略升级，构建全产业链的发展格局，提升核心竞争力与可持续盈利能力。中电能源注册资本为人 民币6,000万元，公司持有其100%的股权；本次对外投资不构成关联交易，也不构成重大资产重组。 此举首先旨在紧扣"双碳"政策导向，把握新能源产业高速增长红利及金属矿产资源战略稀缺性机遇，弥 补公司现有业务空白，丰富业务结构，打开成长空间；同时，深度挖掘电机制造业务与新业务的协同价 值，公司电机产品既可作为新能源产业链建设的关键配套设备，又能广泛应用于金属矿产资源勘探、开 采、选矿等核心环节，依托现有技术研发、供应链管理能力，利用这一天然的契合点实现新旧业务协同 联动，能够更好地发挥原有业务优势，形成"新旧业务互补、上下游联动"的发展态势。从长期来看，既 能推动公司营收规模与盈利能力稳步提升，契合长远战略规划，又能持续增厚股东回报。 ...

格隆汇12月22日丨中电电机(603988.SH)公布，根据公司的业务特点和股东情况，结合国家和相关地方 对"十五五"发展的布局谋划，公司拟在内蒙古设立全资子公司，核心系抢抓风光电储新能源及金属矿产 资源行业发展机遇，同时依托公司电机制造的行业基础，拓宽电机的应用场景、实现业务上下游联动拓 展与战略升级，构建全产业链的发展格局，提升核心竞争力与可持续盈利能力。中电能源注册资本为人 民币6,000万元，公司持有其100%的股权；本次对外投资不构成关联交易，也不构成重大资产重组。 此举首先旨在紧扣"双碳"政策导向，把握新能源产业高速增长红利及金属矿产资源战略稀缺性机遇，弥 补公司现有业务空白，丰富业务结构，打开成长空间；同时，深度挖掘电机制造业务与新业务的协同价 值，公司电机产品既可作为新能源产业链建设的关键配套设备，又能广泛应用于金属矿产资源勘探、开 采、选矿等核心环节，依托现有技术研发、供应链管理能力，利用这一天然的契合点实现新旧业务协同 联动，能够更好地发挥原有业务优势，形成"新旧业务互补、上下游联动"的发展态势。从长期来看，既 能推动公司营收规模与盈利能力稳步提升，契合长远战略规划，又能持续增厚股东回报。 ...

Group 1: Employment Stability - The central economic work conference emphasizes the importance of employment as a fundamental aspect of people's livelihoods, proposing actions to stabilize and expand job opportunities, particularly for key groups such as college graduates and migrant workers [2][4] - The implementation of actions to stabilize jobs aligns with previous employment policies and signals a commitment to addressing current employment challenges [2] - Companies like Guangdong Zhonghai Wantai Technology Co., Ltd. are collaborating with educational institutions to cultivate versatile technical talents, enhancing job matching and supporting rapid business growth [3] Group 2: Social Welfare Improvement - The conference outlines measures to enhance the social welfare system, focusing on education, healthcare, and elderly care, which are critical to the public [5][7] - Initiatives include optimizing drug procurement and healthcare payment reforms to reduce medical costs for the public, as well as increasing educational resources to meet changing demographics [5] - The introduction of long-term care insurance and support for vulnerable groups aims to alleviate the burden on families with elderly members [7] Group 3: High-Quality Development - The conference stresses the need for high-quality development to ensure that the benefits of growth are equitably shared among all citizens, with a focus on urbanization and rural revitalization [8][9] - Environmental sustainability is highlighted as a key aspect of public welfare, with initiatives aimed at promoting green development and ecological conservation [11] - The construction of quality housing is encouraged, with measures to repurpose existing properties for affordable housing and reforms in the housing provident fund system [12]

此举首先旨在紧扣"双碳"政策导向，把握新能源产业高速增长红利及金属矿产资源战略稀缺性机遇，弥 补公司现有业务空白，丰富业务结构，打开成长空间;同时，深度挖掘电机制造业务与新业务的协同价 值，公司电机产品既可作为新能源产业链建设的关键配套设备，又能广泛应用于金属矿产资源勘探、开 采、选矿等核心环节，依托现有技术研发、供应链管理能力，利用这一天然的契合点实现新旧业务协同 联动，能够更好地发挥原有业务优势，形成"新旧业务互补、上下游联动"的发展态势。从长期来看，既 能推动公司营收规模与盈利能力稳步提升，契合长远战略规划，又能持续增厚股东回报。 智通财经APP讯，中电电机(603988.SH)发布公告，根据公司的业务特点和股东情况，结合国家和相关 地方对"十五五"发展的布局谋划，公司拟在内蒙古设立全资子公司中电能源(内蒙古)有限公司(暂定)， 注册资本为6000万元，核心系抢抓风光电储新能源及金属矿产资源行业发展机遇，同时依托公司电机制 造的行业基础，拓宽电机的应用场景、实现业务上下游联动拓展与战略升级，构建全产业链的发展格 局，提升核心竞争力与可持续盈利能力。 ...

Group 1 - China is entering a new stage characterized by "solid bottom line and open upper limit," emphasizing safety, stability, and resilience while also focusing on technological innovation and social progress [1][11] - The IMF's classification of countries highlights that wealth alone does not equate to being developed; structural maturity, institutional reliability, social inclusiveness, and sustained innovation are core indicators of development [2][3] - High-income countries may not necessarily be classified as developed economies due to factors such as economic structure concentration and vulnerability to external shocks [2][3] Group 2 - The concept of "moderate development" is defined not as a vague middle ground but as a stage with clear structural characteristics and capabilities, indicating a transition from primary development stages [4][5] - A "moderate" economy should have a complete industrial chain and system, demonstrating resilience and the ability to move towards high-end manufacturing and high-value services [4][5] - Governance in a "moderate" economy should reflect transparency and stability, with macro policies showing foresight and continuity [5] Group 3 - China's modernization aims to create a sustainable and inclusive modern civilization, addressing the challenges of a large population and regional disparities [7][8] - Key features of Chinese-style modernization include a large population, common prosperity, coordination between material and spiritual civilization, harmony with nature, and peaceful development [9][10] - The transition to a "moderate developed" status signifies a solid foundation while still allowing for improvements in civilization capacity, technological strength, and governance levels [11]

Core Viewpoint - The Central Economic Work Conference emphasizes innovation-driven growth and the promotion of a comprehensive green transition, aligning with the strategic goals of companies like Zhongke Environmental Technology [1][2] Group 1: Company Strategy and Alignment - Zhongke Environmental Technology has a development vision of "Technology Improves Environment" and has been deeply engaged in the solid waste resource utilization sector, aligning its corporate strategy with national policy directives [1] - The company has established long-term partnerships with over 10 research institutions and renowned universities, achieving a compound annual growth rate of 61% in R&D investment over the past five years [1] - Zhongke Environmental focuses on innovation-driven growth, enhancing its core capabilities in green development [1] Group 2: Green Energy Initiatives - The company is committed to a "short-term reliance on green energy" strategy, actively developing green thermal energy, green electricity, and green natural gas to expand applications in industrial and residential sectors [2] - Zhongke Environmental is creating four comprehensive green thermal energy centers and innovating a cross-industry collaboration model of "Environmental Protection + Aerospace" to build a green energy application system [2] - The company aims to leverage scientific decision-making and practical measures to fulfill its mission, contributing to the construction of a clean, low-carbon, safe, and efficient new energy system [2]

证券日报网讯12月22日，兴源环境（300266）在互动平台回答投资者提问时表示，公司已实质性开展储 能业务，该业务主要由子公司新至双碳科技有限公司承担。新至双碳投建的"凤阳正泰100MWh用户侧 储能电站"已成功并网，该项目位于安徽凤阳，通过智能化的"两充两放"运行模式，日均充放电量可达 200MWh，具备显著的削峰填谷能力。未来，公司将继续围绕装备制造、双碳创新、环境治理等板块， 推动公司高质量发展。 ...

Investment Rating - The report maintains an "Accumulate" rating for the environmental protection industry [1] Core Views - The environmental protection industry is expected to benefit from tightening nickel quotas in Indonesia and increasing demand for air pollution control, particularly for companies like Longjing Environmental [1] - The report emphasizes the importance of the "15th Five-Year Plan" for achieving carbon neutrality and improving air quality, indicating a shift from end-of-pipe treatment to structural reduction [10][11] - The report highlights the growth potential in the waste management sector, particularly in overseas markets, and the expected acceleration in revenue recognition for companies like Weiming Environmental [19][21] Summary by Sections Industry Trends - The environmental protection industry is projected to experience a value and growth resonance driven by dual carbon goals [21] - The report notes a significant increase in sales of new energy sanitation vehicles, with a 61.32% year-on-year growth in the first ten months of 2025 [27] - The average price of biodiesel has decreased, leading to a decline in profit margins [39] Key Recommendations - Recommended companies include Longjing Environmental, Weiming Environmental, and others that are positioned to benefit from stricter air quality standards and increased demand for environmental services [1][21] - The report suggests focusing on companies with strong cash flow and market positioning in the water services sector, such as Yuehai Investment and Xingrong Environment [22] Market Dynamics - The report indicates that the tightening of nickel quotas in Indonesia could support nickel prices, benefiting companies involved in nickel production and processing [18] - The report also discusses the expected growth in the waste-to-energy sector in Indonesia, with significant investments planned for waste incineration plants [19] Financial Performance - Longjing Environmental reported a 1.1% year-on-year increase in new environmental equipment contracts, with a total of 76.26 billion yuan in new contracts for the first three quarters of 2025 [13] - The report projects that the free cash flow for the water services sector will improve significantly, enhancing dividend potential and PE valuation [22]

生态环境法典是中国第二部以"法典"命名的法律。2025年4月，生态环境法典草案整体亮相，初次提请 审议的草案共分5编，包括总则编、污染防治编、生态保护编、绿色低碳发展编、法律责任和附则编。 今年9月和10月，生态环境法典各编草案分拆为两批完成了二审。按照工作安排，将分拆审议并修改完 善的各编草案重新"合体"提请三次审议。 生态环境法典草案三审 紧急情况下造成野生动物损害不担责 中新社北京12月22日电 (记者 谢雁冰 郭超凯)生态环境法典草案三次审议稿22日提请十四届全国人大常 委会第十九次会议审议。其中增加规定，在野生动物危及人身安全的紧急情况下，采取措施造成野生动 物损害的，依法不承担法律责任。 草案三审稿还进一步补充相关法律责任，并完善有关处罚措施。(完) 在总则编，增加"弘扬生态文化"的内容，同时进一步总结和体现司法实践成果，对人民法院、人民检察 院在生态环境保护工作中的职能作进一步补充完善。 在污染防治编，完善秸秆、落叶等焚烧的组织和管理相关规定，对固体废物跨省转移增加相关监管规 定。 在生态保护编增加规定，国家支持开展海洋生态保护、深海极地考察、防沙治沙等方面的国际交流与合 作；国家积极参与国家管 ...