在政策解读环节，农业银行江苏苏州相城支行对绿色金融政策进行详细解读与分享，助力企业实现可持续发展与降本增效。农行始终坚持金融工作的政治性 和人民性，扎实做好"绿色金融"这篇大文章，持续完善绿色金融产品体系，不断加大信贷供给力度，满足了企业在绿色发展过程中的多样化需求，引领绿色 金融新风尚。 为推动能源与产业结构优化升级，探索经济发展与生态保护协同的新路径，加快经济社会发展全面绿色转型，12月18日，以"绿动未来碳索新路"为主题的相 城区能源转型与绿色低碳发展沙龙活动成功举办。 本次活动旨在搭建政府部门、行业企业、科研院所、商协会、金融机构协同联动的桥梁，形成"技术研发—成果转化—产业应用—金融支持"的良性循环，加 快绿色低碳产业深度融合，推动更多新能源项目落地见效。 活动现场，发布《相城区新能源企业降本增效服务行动倡议》，立足企业发展需求，聚焦能源精细化管理、能源数智化应用、能源开放性合作、项目要素保 障四个方向，以精准服务助力相城新能源企业降本增效，赋能区域产业转型升级;启动《相城区基于碳核算碳账户的绿色金融创新服务合作计划》，以建立 碳核算碳账户为抓手，创新碳核算与绿色金融衔接机制，为绿色低碳项目提供更有 ...

绿色是高质量发展的底色。绿色领域的项目建设，往往需要大量的资金投入，兴业银行绍兴分行不断创 新绿色金融产品服务，积极探索银团贷款模式，为当地经济社会发展绿色转型注入强劲动力。 绿色发展，久久为功。未来，兴业银行绍兴分行将继续深耕绿色金融赛道，提升金融服务质效，进一步 拓展绿色金融服务深度和广度，助力绍兴绿色经济高质量发展。 在兴业银行绍兴分行的大力支持下，一笔3亿元的银团贷款如同"及时雨"，专项用于公司新能源光伏电 池片智能制造项目（一期）建设。这笔资金，推动企业迅速打造电池片全自动智能生产线，不仅显著提 升电池产能，更让企业进军太阳能电池行业的步伐更加坚定。 浙江某科技企业是一家专注光伏电池片研发与制造的新能源企业。2024年3月，公司与某光能巨头签订 电池片供货协议，计划2024—2026年交付13亿片相关产品。为保证供货需求，公司急需扩展产品线，进 一步提升产能。然而，建设一条新能源光伏项目产线，急需充沛的启动资金。 ...

日前，天津农商银行党委副书记、行长杨毅介绍，2025年，该行从科技金融深化创新、绿色金融提质增 效、养老金融塑造品牌、普惠金融强化担当和数字金融释放潜能等方面，坚持"差异化经营、特色化服 务、标准化流程、专业化团队、高效化运作、数字化赋能"的"六化"经营理念，全力推动资产结构优化 提升、营业网点零售产能提升、内控合规能力提升、数字金融能力提升、数据治理能力提升等5大重点 项目建设，持续写好"五篇大文章"，深耕天津本地特色金融服务。 杨毅强调，实现2026年"开门红"是奠定全年发展基础的关键一役，该行必须深刻把握当前经济金融形 势，深入贯彻落实中央经济工作会议精神，切实增强发展的责任感与紧迫感。一要统一思想，协同作 战，凝聚"全行一条心"的强大合力，共同营造"人人关心营销、人人支持营销、人人参与营销"的浓厚氛 围；二要聚焦重点，打造"差异化"优势，持续打造具有农商特色的市场竞争力，真正实现"以客户为中 心"的服务转型；三要强化执行，锤炼"硬作风"队伍，狠抓战略任务执行落地，平衡好业务发展与风险 控制的关系，确保实现高质量、可持续发展。全行上下将以此次"开门红"启动大会为新起点，勠力同 心、实干争先，奋力跑出高质 ...

Core Viewpoint - The "Jinggangshan" regional public brand is transforming the agricultural landscape in Ji'an, Jiangxi, by integrating resources and financial support, leading to improved product quality and market competitiveness [1][2]. Group 1: Brand Development - The establishment of the "Jinggangshan" brand has shifted local agriculture from fragmented practices to a unified branding approach, enhancing product standards and market presence [2]. - The brand has helped local farmers increase their income significantly, with reports of earning several thousand more annually after joining the brand [2]. Group 2: Financial Support - The introduction of green finance policies has provided crucial funding for agricultural projects, with a total financing demand of 221.42 billion yuan identified, resulting in 116.44 billion yuan in credit approvals for 20 enterprises [3]. - Innovative financial products like "Jinong e-loan" and "Wuchicken loan" have been developed to support local agricultural enterprises, facilitating nearly 3 billion yuan in loans to brand-authorized companies [3][4]. Group 3: Challenges and Solutions - Despite progress, challenges such as brand misuse and low processing rates persist, prompting the establishment of strict brand management and quality assurance systems [5]. - The local government has implemented a "double strict" mechanism to ensure compliance with brand standards and has developed 138 group standards covering various agricultural products [5]. Group 4: Sales and Market Expansion - The brand's market presence has expanded significantly, with e-commerce sales reaching 32.8 billion yuan in 2024 and a total sales revenue of 130.78 billion yuan, marking a 75.8% increase year-on-year [6]. - The establishment of flagship stores and partnerships with major retailers has enhanced the visibility and sales of "Jinggangshan" products [6]. Group 5: Future Outlook - The local government is focusing on digital agriculture and financial service innovations to further enhance the brand's growth and market reach [7]. - Plans to promote green finance and support for agricultural transformation are set to continue, aiming to integrate more low-cost funding into the agricultural sector [8].

Core Insights - The National Development and Reform Commission announced the release of 500 billion yuan in new policy financial instruments, which not only injects funds into the market but also creates strategic opportunities for market participants [1] - The new policy financial instruments exhibit three key characteristics: closer coordination between fiscal and monetary policies, clear structural arrangements for fund allocation, and an emphasis on capital attributes in financing models [1] - The "fusion" strategic approach proposed by the company emphasizes the organic combination of different elements rather than simple addition [1] Group 1: Fusion Strategy - The first aspect of the fusion strategy is the integration of financing and intelligence, where obtaining policy funding is just the first step; professional project operation and fund management capabilities are essential for effective utilization [2] - The second aspect is the integration of cycles and structures, focusing on industries like digital economy and green low-carbon sectors that align with long-term development trends [2] - The third aspect is the integration of capital and responsibility, incorporating environmental, social, and governance factors into project evaluation and implementation to ensure sustainable development and long-term returns [2] Group 2: Focus Areas - The company is particularly focused on three areas: technological innovation, emphasizing industrial internet and artificial intelligence with strong spillover effects [3] - In the green low-carbon sector, the team aims to promote a model that fosters the interaction between green asset construction and carbon financial innovation [3] - In consumption and urban renewal, the focus is on the integrated development of hardware and software to cultivate assets that generate sustainable and high-quality cash flows [3] Group 3: Future Outlook - The introduction of the 500 billion yuan policy financial instruments marks an important starting point and signifies the beginning of a new round of policy support [3] - The true value of the policy will depend on the ability of market participants to transform it into sustainable business models and actual development outcomes [3] - The company will continue to act as a bridge between policy and market, striving to seize policy opportunities while contributing to value creation in the process of China's high-quality economic development [3]

截至2025年10月末，该行科技金融余额突破120亿元，2025年1-10月净增超过37亿元，实现业务规模与 服务能效双重提升，为科技创新与产业升级提供了有力的金融保障。 厦门国际银行上海分行荣获多项金融科技创新类奖项 绿色金融蓄力加码助推经济低碳转型 厦门国际银行上海分行锚定"十五五"战略规划布局，深入贯彻中央经济工作会议精神，紧密围绕金 融"五篇大文章"，主动融入上海国际金融中心建设和长三角一体化发展大局，精准契合总行产业专业化 战略定位，构建具有区域特色的差异化发展路径，以务实举措赋能实体经济，为区域高质量发展注入强 劲金融动力。 科技金融精准滴灌赋能产业创新发展 厦门国际银行上海分行紧扣产业发展脉动，升级"产业专业化3.0"策略，深耕科技型企业全周期服务， 针对重点科技产业开展精准营销与深度拓展。该行持续优化服务机制、完善服务流程、创新金融产品， 为科技企业从初创到成熟的各个发展阶段提供适配的金融支持。 聚焦双碳目标，厦门国际银行上海分行持续完善绿色金融产品体系，推动绿色金融与转型金融协同发 展。一方面积极支持传统产业节能降耗改造，助力重点行业能效提升项目落地；另一方面结合产业专业 化总体战略，锚定新 ...

2025年12月22日 国泰君安期货商品研究晨报-绿色金融与新能源 观点与策略 商 品 研 究 2025 年 12 月 22 日 镍：基本面矛盾变化不大，印尼政策增加担忧 不锈钢：基本面供需双弱，印尼镍矿消息扰动 张再宇 投资咨询从业资格号：Z0021479 zhangzaiyu@gtht.com 【基本面跟踪】 | 镍：基本面矛盾变化不大，印尼政策增加担忧 | 2 | | --- | --- | | 不锈钢：基本面供需双弱，印尼镍矿消息扰动 | 2 | | 碳酸锂：泰利森新投产，关注需求淡季不淡的预期兑现 | 4 | | 工业硅：逢高做空为主 | 6 | | 多晶硅：区间震荡 | 6 | 国 泰 君 安 期 货 研 究 所 请务必阅读正文之后的免责条款部分 1 期货研究 镍基本面数据 | | | 指标名称 | T | T-1 | T-5 | T-10 | T-22 | T-66 | | --- | --- | --- | --- | --- | --- | --- | --- | --- | | | | 沪镍主力（收盘价） | 117,180 | 3,240 | 1,590 | -610 | 1,530 | ...

Core Viewpoint - The article emphasizes the strategic development of wealth management as a crucial component in connecting financial services with public needs, supporting the construction of a financial powerhouse and Shanghai as an international financial center [1] Group 1: Wealth Management Strategy - The wealth management sector is positioned as a key driver for financial institutions to fulfill the "finance for the people" philosophy and promote common prosperity [1] - CITIC Bank Shanghai Branch has been actively transforming its wealth management services over 37 years, focusing on a strategy of "five leading" to create a warm and distinctive wealth management service system [1] Group 2: Customer-Centric Services - The bank is shifting from "license competition" to "capability competition" in response to a low-interest-rate environment and diverse customer needs, leveraging its comprehensive financial advantages [2] - The bank promotes charitable financial products, such as the "Warm Childhood Journey," which has raised over 10 million yuan for public welfare while providing stable returns to investors [2] - The bank is also focusing on green finance and ESG-themed products, aligning with carbon neutrality goals and directing funds towards green industries [2] Group 3: Product Innovation and Sales Growth - The bank has accelerated the transformation of "fixed income+" wealth management products, launching 7 local customized products and 10 other "fixed income+" products, with total sales exceeding 10 billion yuan [3] - The bank's promotional activities, such as the "618 Wealth Management Festival" and "Fortune Wealth Management Festival," have led to a growth of over 5 billion yuan in wealth management business scale [4] Group 4: Digital Empowerment and Risk Management - The bank utilizes the "CITIC Brain" digital platform to enhance intelligent advisory and risk control, providing timely market insights and personalized asset allocation advice [5] - The use of big data and AI improves customer profiling and risk warning models, ensuring asset safety and enhancing the precision of investment allocations [5] - The bank aims to continue innovating in product creation and service models while maintaining compliance and risk management standards to support the long-term value growth of customer assets [5]

Core Viewpoint - Jiangxi Province is actively exploring the realization of ecological product value, particularly in financial empowerment for the "Two Mountains" transformation, establishing replicable experiences and models for broader application [1] Group 1: Natural Resource Asset Financing - Jiangxi is investigating a new model for financing through the pledge of natural resource asset combinations, creating a database to assess the overall situation of state-owned natural resources [2] - The province aims to enhance market competitiveness by packaging high-quality natural resource assets, achieving a synergistic effect of "1+1>2" [2] - A pricing standard for natural resource assets has been established, with third-party evaluations determining asset values, ensuring that the "net asset" transfer conditions are met [2] Group 2: Ecological Product Value Loans - Jiangxi is developing a green loan model for specific regional ecological product values (VEP), addressing measurement difficulties through standardized accounting and evaluation policies [3] - The province has created a digital management platform for ecological product total value (GEP) and established a VEP accounting indicator system reflecting local characteristics [3] - VEP revenue rights are being issued as collateral for financing, with guidelines for VEP revenue right pledge loans to facilitate acceptance by financial institutions [3] Group 3: Forestry Revenue Rights Financing - Jiangxi is promoting policies to convert forestry operating revenue rights into capital, encouraging local governments to develop financial support plans for forestry revenue right pledge loans [4] - A value assessment parameter table for forestry revenue rights has been created to clarify evaluation factors such as product types and expected returns [4] - The province is enhancing risk-sharing mechanisms through government incentives and innovative insurance products, reducing guarantee rates to 0.44% [4]

Group 1 - The core point of the article highlights the successful implementation of a sustainable development-linked syndicated loan by Industrial Bank, which aligns with ISSB standards, facilitating international green financing for companies like Chaowei Group [1] - Chaowei Group, a leader in China's new energy battery industry, has received a 700 million yuan sustainable development-linked loan, which ties interest rates to carbon reduction and resource recycling targets, resulting in a significant improvement in their ESG rating from BBB to A [1] - The loan's market-oriented mechanism has effectively supported Chaowei Group's green transformation, showcasing the practical benefits of sustainable financing [1] Group 2 - Industrial Bank's Hangzhou branch has developed a systematic financial support plan to assist in achieving carbon peak goals by 2025, becoming the first bank to offer such comprehensive services in Hangzhou [2] - The plan focuses on "policy alignment, digital empowerment, and scenario implementation," covering ten key low-carbon sectors and integrating digital tools like "carbon accounts" [2] - The bank has invested over 20 billion yuan in clean energy and new energy vehicles, establishing a strong connection between green finance and key industries [3] Group 3 - Industrial Bank's Hangzhou branch has launched 146 innovative financial products, including the first green certificate pledge business, amounting to 7.9 billion yuan, creating a diverse product matrix for various scenarios [3] - The bank aims to deepen the integration of low-carbon transformation and digital economy through systematic design and smart tools, while also promoting collaboration between finance, government, and enterprises [3] - As of October 2025, the green loan balance of Industrial Bank's Hangzhou branch is expected to reach 141.4 billion yuan, maintaining a leading position among joint-stock banks in Zhejiang province [3] Group 4 - The bank will continue to focus on national green development strategies, emphasizing "carbon reduction, pollution reduction, green expansion, and growth" while exploring the integration of "green + industry" to support traditional industry transformation [4] - Utilizing a "dual carbon" management platform, the bank plans to expand carbon account applications and enhance its carbon financial product matrix, ensuring robust risk management [4] - The bank is committed to integrating into ecological civilization construction and facilitating the development of a national green finance hub [4]