Core Points - China Power (02380) announced the issuance of its fourth green medium-term note (blue bond) under the current registration with the China Interbank Market Dealers Association on September 23, 2025 [1] - The blue bond, a subcategory of green debt financing tools, is specifically aimed at supporting projects that have positive environmental, economic, and climate impacts on the marine sector, thereby promoting marine conservation and sustainable use of marine resources [1] - The bond has a principal amount of RMB 2 billion, a term of 3 years, and an annual coupon rate of 2% [1]

Core Insights - The traditional fishing season in China's coastal regions begins at the solar term of "Chushu," which reflects ancient wisdom in harmony with marine ecological rhythms [2][3] Group 1: Ecological Significance - The timing of the fishing season is aligned with the end of the breeding peak for various marine species, such as small yellow croaker and silver pomfret, ensuring the protection of breeding fish and juvenile populations [2] - Summer rains enrich coastal waters with nutrients, promoting the growth of plankton and creating a favorable environment for fish and shrimp to thrive [2] Group 2: Modern Management Practices - Modern fisheries management employs comprehensive monitoring networks to track key economic species, allowing for data-driven adjustments to fishing schedules and practices [3] - The rest period for fishermen coincides with the fishing season, creating a sustainable cycle of "rest and harvest" that enhances resource management [3] Group 3: Seasonal Seafood Availability - The seafood available during this period includes rich and flavorful options such as East China sea crabs, shrimp, and various fish, which are considered ideal for consumption during the "autumn supplement" season [4] - Specific seafood like "June Yellow" crabs and East China sea fish are highlighted for their quality and taste, making them popular choices among consumers [4]