在签约仪式上，海博思创创始人、董事长、首席执行官张剑辉表示，海博思创将携手中信银行及中信金 租，发挥各自在产业端、技术端、金融创新工具、融资租赁、资金募集等方面的优势，共同打造"储能 资产+专业化运营+综合金融方案"的融资模式，为储能行业金融创新探索新的路径。 据公司介绍，海博思创与中信银行、中信金租之间有着坚实稳固的合作基础。中信银行是中国改革开放 中最早成立的新兴商业银行之一，是中国最早参与国内外金融市场融资的商业银行，依托中信集团"金 融+实业"的禀赋优势，提供领先的公司银行、投资银行、金融市场等有特色、差异化的机构金融服务 模式。中信金租是中信集团和中信银行服务实体经济、完善金融产品体系的重要战略布局，聚焦船舶、 飞机、户用光伏、乘用车、绿色环保、战略新兴产业、制造业等领域的融资租赁业务。 海博思创表示，公司与中信银行及中信金租的合作，是产业智慧与资本力量的共生共赢。未来，三方将 以本次合作为支点，共同撬动万亿级储能资产蓝海，为中国新型电力系统建设注入新动能。 中证报中证网讯（王珞）8月20日，海博思创与中信银行（601998）股份有限公司北京分行（简称"中信 银行"）、中信金融租赁有限公司（简称"中 ...

Core Viewpoint - Beijing Haibosi Chuang Technology Co., Ltd. (Haibosi Chuang) has signed a cooperation agreement with CITIC Bank and CITIC Financial Leasing to collaborate in the "energy storage + finance" sector, aiming to explore synergies between green finance and the energy storage industry [1][2][3] Group 1: Partnership Details - The partnership will leverage the strengths of each party in areas such as comprehensive financial services, financing leasing, operational leasing, and financing credit [1] - The collaboration is expected to create a new benchmark for the integration of industry and finance, focusing on innovative financing models for the energy storage sector [2][3] Group 2: Market Context - The energy storage industry is transitioning from policy-driven to market-led growth, with significant cost reductions in energy storage station construction and improved economic viability of assets due to the opening of the electricity spot market [1] - The implementation of national policies, such as Document No. 136, has created substantial market opportunities for the energy storage sector [3] Group 3: Future Outlook - The executives from all three companies expressed optimism about the future of their collaboration, highlighting the increasing importance of energy storage in the power system and its market value [2] - The partnership aims to tap into the trillion-level energy storage asset market, contributing to the construction of a new type of power system in China [3]

Core Viewpoint - The collaboration between Haibo Sichuang Technology Co., Ltd., CITIC Bank Beijing Branch, and CITIC Financial Leasing Co., Ltd. aims to explore comprehensive cooperation in the "energy storage + finance" sector, leveraging their respective strengths to create a new benchmark for the integration of industry and finance [1][3][4]. Group 1: Collaboration Details - The three parties will deepen cooperation in areas such as comprehensive financial services, financing leasing, operational leasing, and financing credit, focusing on the synergy between green finance and the energy storage industry [3][4]. - The partnership is set against the backdrop of China's dual carbon goals and the implementation of the 136 document, which has shifted the energy storage industry from policy-driven to market-led, enhancing the economic viability of energy storage assets [3][5]. Group 2: Leadership Insights - Haibo Sichuang's CEO, Zhang Jianhui, emphasized the goal of creating a financing model that combines "energy storage assets + specialized operations + comprehensive financial solutions" to drive financial innovation in the energy storage sector [4]. - CITIC Bank's Vice President, He Jinsong, expressed optimism about the collaboration, highlighting the increasing importance of energy storage in the power system and its market value [4][5]. - CITIC Financial Leasing's Chairman, Li Gang, noted the alignment of their green business focus with Haibo Sichuang's operations, indicating a significant market opportunity in the energy storage sector following the 136 document's release [5][6]. Group 3: Strategic Importance - The collaboration is seen as a convergence of industrial intelligence and capital strength, aiming to tap into the trillion-level energy storage asset market and contribute to the construction of China's new power system [6]. - The partnership is built on a solid foundation of previous cooperation between the companies, with CITIC Bank being one of the earliest commercial banks involved in domestic and international financing [5][6].

Core Viewpoint - The global economic landscape is undergoing significant adjustments, leading to increased trade uncertainties and commodity price volatility, particularly in the oilseed and oil industry, which is experiencing a critical restructuring of supply and demand [1][2] Group 1: Industry Role and Importance - China plays a crucial role in the global oilseed and oil trade, being the second-largest importer and the largest consumer of rapeseed oil and rapeseed meal, as well as the largest importer and consumer of peanuts [1] - The futures market is increasingly vital in supporting the stable operation of the industry amid changes in the global trade landscape [1] Group 2: Market Development and Strategy - The Zhengzhou Commodity Exchange (ZCE) has been enhancing its oilseed and oil product offerings since the launch of rapeseed oil futures in 2007, introducing various risk management tools such as futures and options for oilseed and oil products [2] - The ZCE is actively promoting the listing of sunflower seed oil futures to further improve the oilseed and oil sector, aiming to provide robust futures support for supply stability and price maintenance [2] Group 3: Open Cooperation and Market Connectivity - Currently, the ZCE has seven specific products open to foreign investment and 26 futures and options products available for qualified foreign investors, with significant participation from international grain merchants [2] - The ZCE emphasizes the importance of deepening open cooperation and market connectivity to enhance price influence in the oilseed and oil market [2] Group 4: Brand Development and Industry Support - The ZCE is committed to serving the real economy and promoting the integration of production and finance, exemplified by the successful expansion of the "insurance + futures" model in the Qingdao Huangdao District [2] - The evolving global trade landscape presents unprecedented challenges to the stability and competitiveness of the oilseed and oil industry chain, necessitating continuous enhancement of market functions and service quality [2]

2025年8月16日，由南方财经全媒体集团指导、《21世纪经济报道》主办的2025资产管理年会在上海圆 满落幕。本届年会聚焦主题"破局与重构——大资管再造竞争力"，邀请金融监管部门、权威专家学者、 资管机构负责人、金融和产业精英人士齐聚一堂，共同探讨大资管的创新发展之道。在当前充满不确定 性的环境中，"破局"成为行业核心关切，国有企业如何突破发展瓶颈、提升核心竞争力成为时代命题。 作为参会金融企业，国建集团携其前瞻性的金融解决方案"新时代国企减债融资(DRF)协同民企共同高 质量发展课题"，为深化国企改革提供了新的破局思路。 "新时代国企减债融资(DRF)协同民企共同高质量发展课题"的核心在于其深度实践了产融结合的理念。 它并非简单的金融输血，而是构建了一个以资本为纽带、驱动产业升级的完整金融体系。国建集团通过 设立产业股权基金并引入灵活的配资机制，将金融资本精准导入实体经济的血脉之中。这些资金不仅纾 解了国企的债务压力，更重要的是，它们被定向引导至全产业链的关键环节，特别是国家战略所指向的 新兴领域和未来产业。DRF课题对优质国企与民企的战略投资，实质上是搭建了一座桥梁，促进双方在 技术研发、市场开拓、管理 ...

Core Insights - The project "Insurance + Futures + Banking" initiated in Yijun County aims to provide comprehensive financial services for the agricultural industry, particularly focusing on apple farmers [1][2] - The project has received strong support from various government levels and financial institutions, highlighting a collaborative effort to enhance agricultural risk management [2] Group 1: Project Overview - The "Insurance + Futures + Banking" project was launched in Yijun County, targeting 17,000 acres of apple orchards to provide price risk protection [2] - The project is a collaboration between multiple entities including Jianxin Futures, China United Property Insurance, and several banks and futures companies [2] Group 2: Financial Impact - Since 2020, Jianxin Futures has been involved in agricultural projects in Yijun County, with a total insurance coverage amounting to 579 million yuan [1] - The initiative aims to enrich the agricultural risk management toolbox and promote innovative financial solutions in the agricultural sector [2] Group 3: Regional Significance - Yijun County is recognized as an optimal apple production area in Shaanxi, contributing significantly to the local economy [1] - The project is part of a broader strategy to support rural revitalization and high-quality development in agriculture [2]

为实体经济发展提供高质量服务是金融的使命所在、价值所依、力量所向。中信期货积极践行国企担 当，秉持"合规、诚信、专业、稳健、担当"行业文化理念，立足期货功能发挥专业能力，以服务实体经 济高质量发展作为使命，为产业持续回升向好添动力、增活力。 中证报中证网讯(记者马爽)日前，中信期货深入铁合金主产区，以风控标准盘活铁合金厂底层商品现货 资产，通过期货交割、基差点价、含权交易"三步走"服务策略，有效解决了传统铁合金企业销售渠道有 限、被动定价和价格波动大等问题，确保货物"拿得到、看得住、卖得掉"。这一实践成为期货服务实体 经济的典型案例之一。 量身定制"三步走"解决方案 中卫市作为全国重要硅铁生产基地，其产量占宁夏总量的85%以上。当地某重点铁合金企业A虽订单充 足，但在行业整体下行压力下长期处于微利状态。中信期货针对企业特点设计了阶梯式服务方案。 中信期货相关负责人表示，该项目成功的关键在于坚持"金融懂实体"的服务理念。通过将复杂的金融工 具转化为企业能理解、易操作的方案，真正打通了产融结合的"最后一公里"。该服务模式可在多家传统 实体企业中推广，形成可复制的产业服务样板。 树立期货服务实体经济新标杆 中信期货 ...

Core Viewpoint - The government work report emphasizes the need for developing new productive forces and accelerating the construction of a modern industrial system, highlighting the role of corporate financial companies in implementing these strategies [1][2]. Group 1: Strategic Development - Financial companies are tasked with aligning their operations with the long-term development strategies of their parent enterprises, focusing on nurturing emerging industries and upgrading traditional sectors [1][2]. - Companies like Sinochem Engineering Financial Company express the importance of maintaining strategic thinking and innovation to capture new opportunities in financial services [1]. Group 2: Mission and Responsibility - Financial companies recognize their mission to support group transformation and high-quality development, emphasizing the integration of national conference spirit into their strategic services [2]. - Employees from various financial companies stress the need for a strong sense of mission and commitment to enhancing financial services in key areas [2]. Group 3: Core Business Focus - Financial companies assert the importance of adhering to their core responsibilities, leveraging their advantages as non-bank financial institutions to support the main business of their parent groups [3]. - Companies like Zoomlion Financial Company aim to deepen the integration of finance and industry, focusing on green and low-carbon transitions [3]. Group 4: Financial Services Enhancement - Sinochem Engineering Financial Company plans to provide precise and efficient funding support while enhancing the application of technology in financial services [4]. - The company aims to shift financial management from mere data recording to strategic decision-making [4]. Group 5: Risk Management - The government work report highlights the necessity of preventing and mitigating risks in key areas to avoid systemic financial risks [5]. - Companies like Huadian Financial Company are committed to strengthening comprehensive risk management systems and utilizing intelligent risk control measures [6]. - The focus on risk prevention is seen as a fundamental aspect of financial work, with an emphasis on serving the real economy as a primary risk mitigation strategy [6].

Core Insights - The trust industry in the first half of 2025 shows a polarized revenue performance, with some companies experiencing significant revenue growth while others remain at low levels or even incur losses [1] - Regulatory scrutiny continues, with multiple institutions receiving fines for various violations during the first half of the year [1] Industry Performance Overview - According to incomplete statistics, CITIC Trust (consolidated) ranked first in operating revenue for the first half of 2025, reaching 2.916 billion yuan; Yingda Trust and Huaxin Trust followed with revenues of 1.941 billion yuan and 1.634 billion yuan respectively [3] - Nine trust companies reported revenues exceeding 1 billion yuan; 13 companies had revenues between 500 million yuan and 1 billion yuan; and 23 companies reported revenues between 100 million yuan and 500 million yuan [3] - Notably, six trust institutions had revenues below 100 million yuan [3] - In terms of fees and commissions, Yingda Trust led with 1.444 billion yuan, followed by CITIC Trust (consolidated) and Huaxin Trust with 1.013 billion yuan and 964 million yuan respectively [3][4] - Only Yingda Trust and CITIC Trust (consolidated) had fees and commissions exceeding 1 billion yuan [4] Profitability Analysis - Among the disclosed data, CITIC Trust (consolidated), Jiangsu Trust, and Yingda Trust were the top three in net profit, each exceeding 1 billion yuan [4] - Seven trust companies reported net profits between 500 million yuan and 1 billion yuan, while 15 companies had net profits below 100 million yuan, including four companies with negative net profits [4] Regulatory Actions - In the first half of 2025, five trust companies received fines from regulatory authorities [5] - Huaao Trust was fined 4 million yuan for multiple violations, including inaccurate asset classification and non-compliance with reporting standards [5] - Lujiazui Trust faced a fine of 4.2 million yuan for five violations, including poor management of related transactions and inadequate risk information disclosure [5] - Other companies received fines of less than 1 million yuan for various infractions [6] Business Development Highlights - Trust companies are transitioning from being mere "fund providers" to "comprehensive service platform builders" [7] - Yingda Trust, backed by state-owned enterprises, reported strong performance in the first half of 2025, focusing on supply chain finance in the electric power sector [7] - Huaxin Trust has actively expanded its financial services, achieving a scale of 65.6 billion yuan in integrated finance by the end of June [7] - Kunlun Trust reported over 400% year-on-year growth in net profit, emphasizing the importance of integrated finance [7][8]

Core Viewpoint - China Post Life Insurance Co., Ltd. has acquired a 5% stake in Eastern Air Logistics Co., Ltd. through a share transfer agreement, marking a strategic investment aimed at supporting the development of Shanghai's logistics and transportation capabilities [1][2]. Company Summary - China Post Life Insurance has acquired 79.42 million shares of Eastern Air Logistics, representing 5% of the latter's total share capital, for a total price of 869 million yuan, which is 0.14% of China Post Life's total assets as of Q1 2025 [2][5]. - The funding for this acquisition comes from traditional insurance products managed by China Post Life's asset management subsidiary [2]. - Eastern Air Logistics, headquartered in Shanghai, is a modern comprehensive logistics service provider that went public on June 9, 2021, and reported Q1 2025 revenues of 5.486 billion yuan, a 5.02% increase year-on-year, but a net profit decline of 7.40% to 545 million yuan [3]. Industry Summary - The insurance sector is witnessing increased capital inflow into the stock market, with multiple insurance companies, including China Post Life, having made significant equity investments in 2025 [5][6]. - Regulatory changes are encouraging insurance companies to increase their investments in A-shares, with a target for large state-owned insurers to allocate 30% of new premiums to A-share investments starting in 2025 [6]. - It is projected that insurance funds will inject an additional 600 to 800 billion yuan into the market over the next three years, with a significant portion directed towards high-dividend assets [7].