白皮书指出，中国坚持系统观念，推进山水林田湖草沙一体化保护和系统治理，生态系统碳汇能力持续 增强，在世界范围内率先实现土地退化"零增长"、荒漠化土地和沙化土地面积"双减少"，近20年来为全 球贡献了约四分之一的新增绿化面积。2024年，森林覆盖率达25.09%，森林蓄积量达209.88亿立方米， 草原综合植被盖度达50.52%，目前林草年碳汇量超过12亿吨二氧化碳当量。 （文章来源：新华社） 国务院新闻办公室8日发布的《碳达峰碳中和的中国行动》白皮书指出，中国重点降碳路径全面落地见 效。中国深入实施节能降碳增效行动、循环经济助力降碳行动、碳汇能力巩固提升行动，取得积极成 效。 白皮书指出，中国始终坚持节能优先方针，推动能源消费革命，着力建设能源节约型社会。扣除原料用 能和非化石能源消费量后，"十四五"前四年中国单位国内生产总值能耗累计下降11.6%。通过实施大规 模设备更新行动，2024年重点领域设备更新超过2000万台（套），形成节能量约2500万吨标准煤。 白皮书介绍，中国大力发展循环经济，全面提高资源利用效率，充分发挥减少资源消耗和减少碳排放的 协同效应。截至2024年底，建成废旧物资回收网点约15万个 ...

Core Viewpoint - The event "Green Post, Future with Boxes - I am the Return Box Action π" organized by China Post Group emphasizes the importance of recycling and green development in line with the national "dual carbon" strategy, aiming to integrate ecological practices into daily life [1][10]. Group 1: Event Overview - The event took place in Nanjing on November 7, coinciding with the 2025 Green Postal Promotion Week, focusing on the circular economy and promoting green living [1][3]. - Activities included a paper box recycling area where participants exchanged unused boxes for gifts, successfully engaging local citizens in recycling efforts [3][9]. - Interactive games and challenges, such as the "Post Me Guard" ring toss game, attracted significant participation, making environmental education enjoyable for younger audiences [5][7]. Group 2: Environmental Impact - The event established a complete recycling loop, where collected boxes were sorted for reuse, reducing resource consumption, while funds from unusable boxes were donated to the "Post Love Green Three North" charity project [9][10]. - Participants expressed hope that such initiatives would inspire a broader commitment to green living beyond Nanjing [9][12]. Group 3: Corporate Responsibility - The initiative showcases China Post's role in leading green development and highlights the effective combination of corporate responsibility and public participation in promoting ecological civilization [10][12]. - The event is set to expand to more cities, encouraging a wider adoption of sustainable practices in everyday life [12].

Group 1: Company Strategy and Innovation - The company has no current plans to introduce cornerstone institutions for capital increase related to the "Golden Steel Porcelain" material project, focusing instead on R&D investment in recyclable and new materials [2] - The main application of "Golden Steel Porcelain" is in tableware, with ongoing market development for other daily-use products, but not yet in robotics or automotive parts [3] - The company aims to integrate industrial upgrades with technological innovation and green development, utilizing bamboo as a renewable and biodegradable material [3] Group 2: Financial Performance - In the first three quarters of 2025, the company achieved revenue of 1.083 billion yuan, a year-on-year increase of 16.76%, with Q3 revenue reaching 393 million yuan, up 23.09% [4] - The company reported a net profit loss of nearly 2 million yuan in Q3 due to tax payments and increased costs from product upgrades [4] - The company is focusing on reducing fixed asset investments and optimizing product lines, with no plans for new factory construction at this time [4] Group 3: Market Outlook and Sales Strategy - The company anticipates a sales peak in the second half of the year, driven by major shopping events and holidays, which typically increase demand for kitchenware [4] - Future performance will be closely monitored and reported in regular disclosures, with an emphasis on enhancing operational efficiency and cash flow management [4]

Core Insights - The GDP of Futian District in Shenzhen is expected to exceed 600 billion yuan this year, with a reported GDP of 471.17 billion yuan for the first three quarters, reflecting a year-on-year growth of 9.3% [1][4] - Futian District is the second-largest contributor to Shenzhen's GDP, with a projected GDP of 594.88 billion yuan for 2024, representing a growth of 5.1% compared to the previous year [3] Economic Performance - The rapid growth in Futian's GDP is attributed to the strong performance of its pillar industries, particularly the financial sector, which accounts for over 30% of the district's GDP [4] - The financial industry in Futian is projected to achieve an added value of 220.89 billion yuan in 2024, growing by 6.8%, and has seen a year-on-year increase of 21.4% in the first three quarters of this year [4] - Key indicators in the financial sector, such as securities trading volume and insurance premium income, have increased by 122.6% and 9.7%, respectively [4] Service and Industrial Growth - Futian is also a major hub for the service industry, with the profit-making service sector expected to contribute 116.78 billion yuan in added value in 2024, making up 19.6% of the GDP [4] - The industrial sector has shown positive trends, with a year-on-year increase of 4.6% in industrial added value for the first three quarters, and manufacturing increased by 6.7% [5] - The district's foreign trade has improved, with total import and export volume reaching 696.71 billion yuan, a year-on-year growth of 2.6% [5] Consumer Market - As the leading consumption district in Guangdong, Futian has maintained stable market sales, with retail sales of household appliances and audio-visual equipment increasing by 17.3% and 73.9%, respectively [6] Future Development Plans - Futian District plans to develop "6 innovation valleys, 4 centers, and 4 highlands" as part of its strategic initiatives [8][9] - The district aims to create two trillion-yuan industry clusters in finance and wholesale, along with eight hundred-billion-yuan clusters in various sectors including AI, new energy, and biotechnology [9] - The district's three new engines of growth include the Hong Kong-Shenzhen Innovation Cooperation Zone, the Xiangmi Lake New Financial Center, and the Central Park Vitality Circle [9][10]

Core Insights - Delta Electronics has achieved the world's first ISO 59004 circular economy certification in the ICT industry, covering the entire group's circular economy management mechanisms, including circular procurement, design, process optimization, resource reuse and recycling, and waste management, receiving a perfect score of 5 out of 5 in the overall review [1][3][4] Group 1: Certification and Awards - Delta has been invited to the SGS 2025 Annual Awards Ceremony and Industry Exchange Forum, where it received the "Annual Innovation Award" in addition to the "Sustainable Governance Award" for three consecutive years, recognizing its alignment with global goals such as resource circularity, energy conservation, carbon management, and biodiversity [1][3] - The ISO 59004 standard, released in 2024, requires companies to establish a comprehensive circular economy framework, assessing their practices against six principles: systemic thinking, ecosystem resilience, resource traceability, value creation, value sharing, and resource management [4] Group 2: Circular Economy Initiatives - Delta has outlined four main methods to implement circular economy practices: product carbon footprint strategy, circular design, circular procurement and manufacturing, and creating residual value from products [3] - The company aims to have 30 key suppliers certified for third-party renewable/recyclable materials by 2030, achieve a 100% waste conversion rate in all production facilities by 2025, and reach a 100% waste conversion rate across global operations by 2050 [3][4] Group 3: Waste Management Achievements - As of 2024, Delta has 18 production facilities certified under UL 2799 for zero waste to landfill, with six facilities achieving the highest platinum level [4] - In 2024, Delta generated 232,485 tons of waste, with a conversion rate of 99.6%, translating to a recycling sales benefit of $27.14 million [4]

10月30日，全球领先的绿色科技企业远景科技集团（下称"远景"）携手同济大学建筑与城市规划学院、同济大学建筑与城市空间研究 所，于2025年上海城市空间艺术季（Shanghai Urban Space Art Season, SUSAS）联合举办主题展览《用风叶构筑的建筑远景》。展览以"发 电巨人·社区伙伴"为主题，呈现新能源先锋与建筑名校的跨界碰撞。 作为对可持续构想的有力回应，远景在短短十天内，完成了一次从图纸到实践的"叶片再生实验"：将自有的废弃叶片，转化为展场中 兼具功能与象征意义的中心岛台与休闲座椅。原本遥不可及的工业巨构，真正走进城市客厅，展现了远景在推动循环经济方面的技术实力 与坚定承诺。 产学联手，推动构建绿色能源体系 远景叶片事业部研发工程师Giancarlo Girolomini先生指出，循环设计本质上是一种"为人而设计"。在叶片设计初期，研发团队便系统考 量其全生命周期，致力于研发可回收复合材料与新型结构，积极探索叶片的未来应用场景。他表示，此次与建筑、艺术领域的跨界交流， 为叶片在城乡环境中的再利用提供了丰富灵感。未来，远景将逐步开放叶片设计与材料信息，助力建筑师及创作者将退役叶片转化 ...

Core Insights - The article highlights the successful IPO of Suzhou Fengbei Biotechnology Co., Ltd. on November 5, marking a significant milestone in the company's journey and reflecting the broader trend of green transformation in China [1][7] - The company focuses on the comprehensive utilization of waste oil resources, contributing to China's dual carbon goals and promoting sustainable development [1][6] Group 1: Company Overview - Fengbei Biotechnology has developed a complete industrial chain from waste oil to biofuels and biobased materials, redefining the value of waste oils through advanced technologies [2][3] - The company has established a competitive industrial ecosystem based on "technology + policy" and "green + circular" principles, positioning itself as a key player in promoting the national circular economy [1][2] Group 2: Technological Innovation - Continuous technological innovation is central to Fengbei's leadership, with a focus on R&D investment and a robust innovation system covering basic research, material development, and application development [3][4] - As of June 30, 2025, the company has obtained 135 patents, including 33 domestic invention patents and 3 international invention patents, which support its technological advancements in waste oil processing and biobased material development [3][4] Group 3: Market Applications - The company has successfully expanded the application of its biobased materials across various industries, including agriculture, chemicals, and pharmaceuticals, establishing a differentiated competitive advantage [2][5] - Fengbei's biofuel products, particularly low-cloud-point biodiesel, have gained market recognition and are being adopted by global enterprises, addressing both carbon emissions and traditional energy crises [4][5] Group 4: Policy Support - National policies, such as the Renewable Energy Law and the "14th Five-Year" Modern Energy System Planning, provide strong support for the development of the waste oil resource utilization industry, creating a favorable environment for Fengbei's growth [6] - The company has strategically aligned its business expansion with government policies, including a partnership with China Shipbuilding Fuel Co., Ltd. to explore the application of biodiesel in maritime sectors [6] Group 5: Future Outlook - Following its IPO, Fengbei plans to utilize raised funds to expand production capacity, enhance technological research, and explore new applications for waste oil resource utilization [7] - The company aims to strengthen its innovation capabilities and industry layout, contributing significantly to China's circular economy and dual carbon goals, positioning itself as a benchmark in the global waste resource utilization sector [7]

Core Viewpoint - The article discusses the establishment of an international framework for measuring the contribution to the circular economy through the use of recycled materials in manufacturing, which will be announced at COP30 [2][5]. Group 1: Framework Development - The framework will measure the proportion of recycled plastic and metal materials used in manufacturing as indicators of resource recycling effectiveness [2][4]. - Major companies, including Toyota and Panasonic, are involved in creating this framework, which aims to enhance the disclosure of resource recycling information [2][5]. - The framework is being led by Japan's Ministry of the Environment and the University of Tokyo, with discussions ongoing to refine the framework based on corporate feedback [5][6]. Group 2: Disclosure and Compliance - Companies like Cisco Systems and Philips are among those that will lead the initial disclosure efforts under this framework [5]. - The framework encourages participation from both domestic and international companies that are not yet part of the World Business Council for Sustainable Development [5]. - In the EU, regulations require companies to disclose not only greenhouse gas emissions but also resource recycling information, indicating a trend towards mandatory disclosure in this area [5][6]. Group 3: Importance of Resource Recycling - The framework aims to improve resource recycling levels among companies, which could help secure critical minerals like rare metals and rare earths, currently heavily reliant on Chinese supply [6]. - By recovering important minerals from electronic device components, companies can reduce imports from China, which is beneficial for supply chain risk management [6]. - The framework is expected to enhance the recognition of circular economy benefits by both companies and financial institutions [7].

Core Viewpoint - The company held a performance briefing for the third quarter of 2025, discussing its operational results and addressing investor inquiries regarding its coal trading business, financial performance, and future outlook [1][2][3]. Group 1: Performance Overview - In the first three quarters of 2025, the company's coal trading business generated revenue of 24.627 billion yuan, with a physical sales volume of 47.1728 million tons, representing a year-on-year increase of 7.20% [2][3]. - The overall revenue for the first three quarters of 2025 reached 26.979 billion yuan, with a net profit of 575 million yuan [2][3]. - The cash flow from operating activities increased by 2.134 billion yuan compared to the previous year, primarily due to changes in the cash flow structure related to sales and procurement [5]. Group 2: Business Segment Contributions - The coal trading segment contributed 24.627 billion yuan in revenue and 2.25 billion yuan in net profit [5]. - The heat and power generation segment achieved revenue of 2.14 billion yuan, with a net profit of 365 million yuan, despite an 8.27% decline in revenue compared to the previous year [5]. - The renewable energy segment generated revenue of 212 million yuan [5]. Group 3: Market Outlook and Pricing - The fourth quarter is traditionally a peak season for coal demand in China, with expectations for stable coal prices influenced by supply-demand dynamics and policy adjustments [4][5]. - Domestic coal production is expected to grow under policy support, while coal imports are projected to decline year-on-year due to earlier reductions [4][5]. Group 4: Technological Innovations - The company has focused on technological innovation, achieving significant advancements in energy efficiency and waste resource recycling, including multiple patents and participation in national standards [6][7]. - The molten salt energy storage technology is highlighted for its long lifespan and broad application potential in various energy sectors [7][8]. Group 5: Dividend Policy - The company has maintained a high cash dividend payout ratio, distributing 6 yuan per 10 shares for the 2024 fiscal year, with plans to continue distributing at least 40% of net profit in future years [8].

Core Viewpoint - The company held a performance briefing on November 6, 2025, to discuss its third-quarter results and address investor inquiries regarding its operations and future plans [1][2]. Group 1: Performance Overview - For the first nine months of 2025, the company achieved operating revenue of 34.855 billion, a year-on-year increase of 20.12% [5]. - The total profit for the same period was 786 million, reflecting a year-on-year growth of 13.10% [5]. - The net profit attributable to shareholders was 621 million, up 11.99% year-on-year [5]. Group 2: Project and Strategy Insights - The high-purity rare metal and semiconductor compound project is a significant transition from traditional smelting to high-end material manufacturing, enhancing the product value chain [3]. - The project utilizes waste materials from traditional smelting processes, although some raw materials need to be sourced externally, indicating that raw material costs are not negligible [3][4]. - The company aims to establish itself as a leading high-tech industry group in the non-ferrous metal new materials sector, focusing on high-end, intelligent, and green transformations [6]. Group 3: Pricing and Profitability Concerns - The company adheres to a pricing policy for related transactions based on public, fair, and just principles, ensuring alignment with independent third-party pricing [4]. - The decline in total profit in the third quarter was attributed to rising raw material costs and a decrease in processing fees due to market supply constraints [4]. - The expected profit margin for the high-purity rare metal and semiconductor compound project is still under evaluation as it is currently in the pilot testing phase [7].