近日，市委十二届十次全会、市委经济工作会议召开。这是在"十四五"顺利收官、"十五五"征程开启的 关键节点召开的重要会议。会议不仅是对去年及过去五年的工作做总结，更是对昆明经济社会未来发展 路径的深刻思考与布局，科学谋划了昆明未来五年发展蓝图。全市上下要坚定信心、迎难而上，挺膺担 当、开拓进取，奋力在中国式现代化进程中开创昆明发展新局面。 全球科技革命的加速演进，加之我国改革开放、经济社会发展的不断推进，使得以科技创新为引领的全 面创新，成为中国未来发展的核心动力，最终指向综合国力的增强和伟大复兴目标的实现。可以说，创 新驱动发展战略作为经济高质量发展的核心引擎，在我国经济社会快速发展、以中国式现代化全面推进 中华民族伟大复兴过程中，具有不可替代的重要地位。 作为我国面向南亚东南亚开放的重要门户，昆明在紧扣高质量发展和"三个定位"中，抢抓历史机遇，以 创新驱动发展为主线，全力建设区域性科技创新中心，这一战略选择不仅基于昆明独特的区位优势、资 源禀赋和发展基础，更是服务于国家战略的必然要求。为此，市委全会、市委经济工作会议明确指 出，"十五五"时期昆明经济社会发展重点任务之一，就是要加快推动创新驱动发展，通过科教 ...

本报记者 桂小笋 作为北京市首个柔性垂直污染防控项目，北京市海淀区永丰乡的六里屯垃圾填埋场，让附近的居民感到越来越陌生。在54 米超大深度膜体竖向安装完成后，这里将从垃圾填埋场变为休闲公园。 "要实现单个发电厂的效益最大化，智能工具和精益管理的作用显著。"张炯表示，在处理设施运营方面，公司旗下所有发 电厂均引入智能巡检系统，可对厂区内所有涉及安全、环保的问题进行实时监测和响应，相关安保需求可通过AI系统解决；同 时还能根据垃圾的数量和质量，智能匹配焚烧方案。 中国天楹股份有限公司（以下简称"中国天楹"）相关负责人告诉《证券日报》记者，以中国天楹通州湾项目为例，该项目 提供的城乡环卫一体化与智慧垃圾分类系统服务，确保了南通市生活垃圾的高效、规范收集与源头精准分类。同时，还可以利 用项目为周边工业园区提供绿色稳定、成本可控的蒸汽热能供应，直接实现对化石能源的绿色替代。此外，通过对发电余热的 梯次回收利用，大幅提升能源综合利用效率。 这一"废土变花园"的华丽转身，正是中国环保产业从"末端治理"向"价值创造"转型的生动缩影。在"双碳"目标与"无废城 市"建设的双重驱动下，废气、废水、固体废物（即"三废"）不再是单纯的 ...

证券代码：000338.SZ/2338.HK 证券简称：潍柴动力 编号：20260119 | | ■特定对象调研 □分析师会议 | | --- | --- | | 投资者关系活动 | □媒体采访 □业绩说明会 | | 类别 | □新闻发布会 □路演活动 | | | ■现场参观 | | | □其他（请文字说明其他活动内容） | | 参与单位名称及 人员姓名 | 资本集团 田小粟 | | 时间 2026 | 年 1 月 19 日 9:00-10:30 | | 地点 | 公司科技大楼会议室 | | 上市公司接待人 员姓名 | 李婷婷、袁景 | | | 来访者参观了公司科技展馆和一号工厂，随后在公司会议 | | | 室就关注问题与公司进行了交流，交流主要内容包括： | | | 1.公司数据中心业务进展 | | | 近年来，AI 技术快速迭代驱动算力基建加速，由此推动数 | | | 据中心电力设备市场快速扩容，带动公司高端发动机的需求井 | | | 喷。公司凭借多种技术路线的前瞻布局及协同并进，已构建起 | | 投资者关系活动 主要内容介绍 | 全谱系能源解决方案能力，并已在国内外多个地区的项目中完 | | | 成交付 ...

Report Industry Investment Rating The provided content does not mention the report industry investment rating. Core Viewpoints - Green bonds are securities raised for green industries, projects, or economic activities, and have become an important financing tool. As of the end of 2025, the cumulative issuance scale in China reached 5.32 trillion yuan [2]. - The development of China's green bond market can be divided into three stages: the exploration and launch stage (2015), the standardization development stage (2016 - 2020), and the system improvement stage (2021 - present) [2][16]. - By the end of 2025, the annual issuance scale increased from 207.231 billion yuan in 2016 to 1.079283 trillion yuan, and the number of issuances rose from 89 to 834. The stock of green bonds was 2,014, with a market size of 2.464521 trillion yuan. Green bonds are suitable for long - term investment [3][109]. - Green bonds generally have a "green spread" over non - green bonds, which has weakened in the past three years but still supports pricing. They are more suitable as a stable portfolio base rather than a source of significant excess returns [4]. Summary by Directory 1. Green Bond Development 1.1 Green Bond Concept - Green bonds are securities that raise funds for green industries, projects, or economic activities. They are divided into four types according to the "China Green Bond Principles (2022)" and play an important role in global green finance [13]. 1.2 Policy Context - China's green bond market has established a relatively complete system. The development is divided into three stages: - Exploration and launch stage (2015): The People's Bank of China and the National Development and Reform Commission issued relevant documents, marking the official start of the green bond market [16][17]. - Standardization development stage (2016 - 2020): Multiple departments issued a series of policies to improve the regulatory mechanism, project catalog, and evaluation and certification mechanism [16][18]. - System improvement stage (2021 - present): Policies continued to be refined, the standard system was integrated with international standards, and cross - border green financing advanced steadily [16][25]. 2. Green Bond Value 2.1 Value to Issuers - Green bonds generally have a lower issuance interest rate than non - green bonds, showing a "green spread," which has weakened in the past three years. They can also access overseas ESG funds [34]. 2.2 Value to Investors - Green bonds are fixed - income tools. Their credit risk is mainly determined by the issuer's quality and credit enhancement. They are suitable as a stable portfolio base and can meet institutional ESG and sustainable investment goals. Their tradability has also improved [46]. 3. Green Bond Issuance Statistics 3.1 Green Asset - Backed Securities - Their issuance rhythm has different stages. From 2016 - 2018, it was in the start - up phase; 2019 - 2020 saw market expansion; 2021 entered the accelerated development stage; 2022 - 2023 maintained a high - level operation; 2024 - 2025 had a decline in scale. They are mainly short - term and ultra - long - term products, with concentrated underlying assets [48][49]. 3.2 Non - Asset - Backed Green Bonds - The issuance showed phased characteristics. It expanded steadily from 2016 - 2020, jumped significantly in 2021, reached a high in 2022, declined in 2023, and significantly increased in 2025. State - owned enterprises are the main issuers, and bank - to - bank market is the main trading platform. Their issuance interest rate has been declining, and the term is mainly medium - short term [59][61][71]. 4. Green Bond Stock and Transaction Analysis 4.1 Green Bond Stock Analysis - As of the end of 2025, the stock of green bonds was 2,014, with a market size of 2.464521 trillion yuan. Financial bonds accounted for nearly half of the stock, followed by medium - term notes and asset - backed securities. The stock was concentrated in short - and medium - term bonds, a few industries, and regions such as Beijing, Shanghai, and Guangdong [83][90][95]. 4.2 Green Bond Transaction Analysis - The secondary - market trading volume of green bonds has been rising with fluctuations, and the turnover rate has shown a trend of "falling from a high level, fluctuating in the central range, and weakening again in recent years." Compared with credit bonds and financial bonds, the turnover rate of green bonds is relatively low, but it has stable trading and periodic surges. The valuation of green bonds shows a clear stratification [100][101][105]. 5. Investment Viewpoint - Similar to the core viewpoints, green bonds have good development prospects, supply - side expansion, and are suitable for long - term investment and portfolio optimization [108][109][110].

- The People's Bank of China (PBOC) held its 2026 work meeting, focusing on improving the "Five Major Articles" in finance, which include technology, green finance, inclusive finance, pension industry, and digital economy[10] - The PBOC announced the expansion of the carbon reduction support tool to include projects with direct carbon reduction effects, such as energy-saving renovations and green upgrades[11] - The Ministry of Industry and Information Technology (MIIT) and four other ministries jointly issued the "Guidelines for the Construction and Application of Industrial Green Microgrids (2026-2030)" to promote low-carbon transformation in industrial energy use[12] - The European Securities and Markets Authority (ESMA) released a report guiding investment companies to avoid "greenwashing" in sustainable investment strategies[14] - The European Union's three major financial regulatory agencies issued final guidelines to incorporate ESG risks into regulatory stress tests for banks and insurance companies[15] - The UK completed its largest offshore wind auction in history, awarding 8.4 GW of contracts for difference (CfD), with RWE securing the largest share[16] - The SEEE Carbon Neutral Index showed strong growth momentum, rising 8.20% over the past three months and 44.40% over the past year, leading domestic ESG theme indices[18][19] - The S&P Kensho Clean Power Index performed exceptionally well, rising 5.04% this week and showing strong long-term growth resilience[18][19] - The domestic carbon market's carbon emission allowance (CEA) price continued to rise, closing at 79 yuan/ton this week, with a total transaction volume of 296 million tons[25] - The European Union Allowance (EUA) price remained stable at 88 euros/ton, with the price difference between EUA and CEA slightly narrowing to 631 yuan/ton[25] - The low-carbon support sector saw the largest net outflow of 75.9 billion yuan, with a net inflow rate of -1.26%, while the low-carbon core sector had a net outflow of 41.6 billion yuan, with a net inflow rate of -1.97%[31] - The overall market net outflow was 276.4 billion yuan, with a net inflow rate of -1.59%[31] - The total number of ESG events recorded this week was 1,137, a decrease of 37.1% from the previous week, with positive events accounting for 53.0% and negative events accounting for 33.9%[40] - The electronics, pharmaceutical, and power equipment industries had the highest ESG event volume, accounting for 34.8% of the total events[46]

面对投资规模大、回收周期长、现金流波动大的行业痛点，传统的重资产能源企业如何破局？ 近日，北京能源集团有限责任公司（简称"京能集团"）用实际行动交出了两份答卷，其通过资产证券化 渠道——发行中航京能光伏封闭式基础设施证券投资基金（扩募）和中金-京能国际能源基础设施持有 型不动产资产支持专项计划，实现了 "盘活存量资产、拓宽融资渠道、优化现金流结构" 的核心目标， 为行业企业破解现金流管理难题提供了解题思路，也为能源类企业的高质量发展树立了新的标杆。 模式创新："光伏+水电"混合发行开辟资产证券化新赛道 2026年1月15日，中航京能光伏封闭式基础设施证券投资基金（简称"中航京能光伏REIT"）的扩募上市 引发了业界的广泛关注。本次扩募的底层资产为发起人京能集团所属京能国际（简称"京能国际"）间接 持有的苏家河口和松山河口水电站项目及配套水库，均位于云南省保山市腾冲市槟榔江干流，总装机容 量483兆瓦。 无疑，在国家"双碳"战略深入推进的大背景下，能源REITs已成为连接绿色能源基础设施与资本市场的 重要桥梁，"首发+扩募"双轮驱动的市场格局正在持续深化。 "中航京能光伏REIT不仅是全国首单清洁能源主题的公募 ...

绿色转型不是选择题，而是制造业高质量发展的必答题。 在"双碳"目标纵深推进、"十五五"规划明确绿色转型硬指标的背景下，中国制造业正面临一场覆盖生产 端、消费端、供应链、产品全链路的环保革命。 面对C端大众消费者的包装耗材的环保化、可循环成为企业采购的核心诉求之一，而京东工业与专注于 绿色包装耗材的大觉（浙江）新材料科技有限公司（下称"大觉新材"）的深度合作，正为这场革命提供 了可复制的实践样本。 绿色升级遭遇"材料瓶颈" 当前，全球塑料污染问题日益严峻。 联合国数据显示，2024年全球塑料消费量已达5亿吨，其中3.99亿吨沦为废弃物。预测五大洋中形成 的"塑料大陆"面积达160万平方公里，相当于1/3个欧洲大陆。 在国内"双碳"目标下，工信部、农业农村部等多部门密集出台政策，要求2027年农业领域生物降解材料 使用率达到35%，快递、外卖等领域全面推进环保耗材替代。 然而，传统制造业绿色转型普遍遭遇多重瓶颈。 熊露璐认为，工业绿色转型的关键，是让环保材料既有技术可行性，又有市场可持续性。 因此，作为专注环保耗材的核心企业，大觉新材构建了生物降解、生物基、回收循环三大绿色技术体 系，为制造业提供全场景环保替代方 ...

Core Insights - Didi Charging has released its 2025 annual report, highlighting significant growth and contributions to carbon reduction since its inception [1][2] Coverage and Service - Didi Charging has expanded its network to cover over 280 cities and more than 68,000 charging stations across the country by December 31, 2025 [1][2] - The company has provided charging services over 1.7 billion times, contributing to a carbon reduction of over 22 million tons [1][2] User Experience and Technology - The company offers a charging service characterized by being "easy to find, easy to charge, fast, and safe," continuously optimizing user experience [1][2] - The "Accelerated Charging" feature has served over 13 million users, improving charging speed by an average of 8% [1][2] Infrastructure Growth - Didi Charging has deployed over 280,000 fast charging guns nationwide, with the number of supercharging guns exceeding 100,000, marking a year-on-year growth of 77% [1][2] - The top ten cities with the densest distribution of supercharging facilities include Shanghai, Guangzhou, Shenzhen, Beijing, Wuhan, Hangzhou, Changsha, Chengdu, Chongqing, and Dongguan [1][2] Environmental Commitment - Didi Charging emphasizes its commitment to green development, having achieved a carbon reduction equivalent to planting over 1.8 billion trees, further supporting the "dual carbon" goals [1][2]

Morning session notice 早盘提示 | 板块 | 品种 | 多（空） | 推荐理由 【行情复盘】 | | --- | --- | --- | --- | | | | | 上周锰硅主力合约 SM2603 收于 5828 元/吨，周跌幅 2.28%。硅铁主力合约 SF2603 收于 5570 元/吨，周跌幅 1.94%。 【重要资讯】 | | | | | 1、根据中国人民银行公告，自 1 月 19 日起，再贷款、再贴现利率下调 0.25 个百分点。 | | | | | 2、当地时间 1 月 17 日，美国总统特朗普通过社交平台称，因（丹麦自治领地）格陵兰 | | | | | 岛问题，自今年 2 月 1 日起，丹麦、挪威、瑞典、法国、德国、英国、荷兰和芬兰向美 | | | | | 国出口的所有商品都将被加征 10%的关税。到今年 6 月 1 日，关税将提高至 25%。。 | | | | | 3、2025 年我国全社会用电量历史性突破 10 万亿千瓦时，达到 10.4 万亿千瓦时，同比 | | | | | 增长 5%。这一数字在全球单一国家中尚属首次，相当于美国全年用电量的两倍多，超过 | | | ...

来源：中国城市报 走进永城产业一线 走近复合新材未来 "碳"索之路激活绿色转型新动能 1月15日，寒意渐浓的豫东大地暖意涌动。"碳"索之路・城市行活动精准锚定河南永城，中关村储能产 业技术联盟创始人兼常务副理事长、中国碳中和五十人论坛成员俞振华，欧盟中国商会副会长、"碳"索 之路组委会联席主席、中国碳中和五十人论坛秘书长王稚晟，北京睿能世纪科技有限公司总裁王海兵等 专家成员与金融机构代表怀揣产业发展解决方案，深入河南永铜复合新材料科技有限公司，实地探访铜 铝复合材料生产线的智能化运转，围坐畅谈产业升级路径。 从"走进"实业现场摸清发展实况，到"走近"创新主体凝聚发展共识，这场深度互动为"以铝节铜"产业高 质量发展注入强劲政策动能与技术信心。 锚定资源安全与"双碳"目标 "我国铜消费量80%依赖进口，而电解铝产量占全球近60%，'以铝节铜'既是资源禀赋的必然选择，更是 保障国家战略资源安全的关键举措。"专家团队的发言直指产业发展的时代意义。2025年3月，工业和信 息化部等十部门联合印发《铝产业高质量发展实施方案（2025—2027 年）》，明确将"以铝节铜"列为 扩大铝消费的重点方向，推动其在电力、新能源、家 ...