转自：草原云 光阴镌刻年轮，镜头见证变迁。在"十四五"圆满收官与"十五五"扬帆启新的历史交汇点，2025年是内蒙 古奋力拼搏的关键一年。这一年，我们用镜头记录"蓝图愿景"转向"落地生根"，用快门定格城市的发 展、生态的美丽、拼搏的热爱、生活的温暖、烟火的韵味，用影像传递这片土地的壮阔与深情。回顾 2025，那些光与影的故事，已串联成内蒙古高质量发展的生动注脚。 活力2025 这一年，我们看见发展的脉搏在强劲跳动。 宜居城市建设让城市更宜居、人民更幸福，传统产业转型升级步伐坚定，新能源全产业链建设提速增 效，重大项目建设热火朝天。中欧班列呼啸而过，向北开放前沿地位愈加凸显，"朋友圈"越扩越大，内 蒙古焕发勃勃生机。 4月24日17时17分，搭载神舟二十号载人飞船的长征二号F遥二十运载火箭在内蒙古阿拉善盟额济纳旗 境内的东风航天城点火发射。 7月30日，内蒙古自治区第十一届少数民族传统体育运动会民族大联欢在赤峰市举行。 7月17日，第九届内蒙古自治区文化产业博览交易会在内蒙古国际会展中心拉开帷幕。 8月25日，第五届中国-蒙古国博览会在呼和浩特开幕。 8月14日，在位于包头市石拐区的内蒙古风渡新材料有限公司生产车 ...

光伏行业正经历 "冰火两重天" 的分化格局，部分企业受困于供给过剩与价格竞争，选择收缩战线稳扎稳打；另 一批企业则瞄准细分赛道机遇，加速扩张抢占先机。11日晚间兆新股份"甩出"一笔大额收购，直接瞄准新能源运 维领域的实力派，这波果断操作，着实让人好奇背后的考量。 2025年12月11日晚间，兆新股份（002256）抛出重磅公告，拟以现金支付方式收购优得新能源科技（宁波）有限 公司70%股权，交易对价上限2.2亿元。优得新能源将正式成为其控股子公司并纳入合并财务报表。 2.2亿"锁定" 新能源运维龙头70%股权 市场迅速给出积极反馈，12月12日兆新股份股价直线涨停，截至收盘报 3.91元/股。根据公告，本次收购对价以 目标公司未来三年承诺净利润对应的动态市盈率不超过12倍为初步估值依据，最终价格将结合审计、评估结果及 业绩承诺综合确定，目前仅为框架性意向协议，尚未形成正式交易文件，后续仍存在不确定性。但这一果断举 动，已清晰展现出兆新股份加码新能源业务的决心。 | 兆新股份 (002256.SZ) 买 | | 客户端 | | | --- | --- | --- | --- | | 3.91 ↑ +10.14% ...

Core Viewpoint - Shenzhen Zhaoxin New Energy Co., Ltd. plans to acquire 70% equity of Youde New Energy Technology (Ningbo) Co., Ltd. for a maximum price of 220 million yuan, aiming to enhance its capabilities in the new energy sector and expand its business development space [2][3]. Group 1: Acquisition Details - The acquisition price is preliminarily based on a dynamic price-to-earnings ratio of no more than 12 times the committed net profit of the target company over the next three years [2]. - Upon completion of the transaction, Youde New Energy will become a subsidiary of Zhaoxin and will be included in the consolidated financial statements [2]. Group 2: Strategic Implications - The acquisition is expected to provide Zhaoxin with approximately 5 GW of operational scale in power station maintenance and practical experience, accelerating its goal of achieving a 10 GW operational scale in this niche [3]. - The company aims to transition from being a mere "power station asset operator" to a comprehensive smart energy service provider by leveraging its digital technology advantages [3]. Group 3: Industry Context - The new energy industry is shifting from project development to full lifecycle operations, with maintenance services becoming a core segment of the market, driven by the "dual carbon" goals [3]. - The demand for maintenance services is expanding, and leading companies with mature service networks and professional technical teams are increasingly favored in the market [3]. Group 4: Recent Developments - Zhaoxin has been actively enhancing its new energy business, including plans to integrate Qinghai Jintai Potash Fertilizer Co., Ltd. through debt-to-equity swaps and establish a joint venture with Zhejiang Yiyang Energy Technology Co., Ltd. for coal mine low-concentration gas utilization projects [4].

Core Insights - The project for the annual production of 400 tons of high-purity alkali metal materials has received its second approval on October 9, 2025, after the initial approval on July 1, 2025 [2][3][4] Project Overview - The project is named "Annual Production of 400 Tons of High-Purity Alkali Metal Materials" and is categorized as a registration project [3] - The project is initiated by Inner Mongolia Zichang Guoyuan New Materials Technology Co., Ltd., located in Hohhot Economic and Technological Development Zone, Inner Mongolia [5] - The total investment for the project is 2.15 billion yuan, fully funded by the company's own capital, with no bank loans or other funding sources [5] Company Background - Inner Mongolia Zichang Guoyuan New Materials Technology Co., Ltd. was established in May 2025 with a registered capital of 100 million yuan [5] - The company is jointly owned by Shanghai Sanling 360 New Energy Investment Co., Ltd. (60% stake) and Hohhot Nuobei Hua Rui New Materials Technology Co., Ltd. (40% stake) [5] - The major shareholder of Shanghai Sanling 360 is Ma Weihua, who holds 90% of the company, with Zhu Yong holding the remaining 10% [5] Project Details - The project will be executed in two phases: the first phase will produce 50 tons of high-purity rubidium and 50 tons of cesium, while the second phase will produce 150 tons of ultra-high-purity rubidium and 150 tons of cesium [6] - The project will occupy 135 acres with a total construction area of 46,630 square meters, and will involve professional renovations and equipment purchases for production [6] Market Context - Rubidium and cesium are expensive metals, with high-purity rubidium priced between 400-500 yuan per gram and high-purity cesium reaching 800-1000 yuan per gram [7] - These metals have applications in photovoltaic cells, hydrogen energy electrolyzers, quantum communication, and medical devices [7] Strategic Positioning - Ma Weihua's investment company has previously invested in Inner Mongolia Jinshi Carbon Fiber Technology Co., Ltd. and Inner Mongolia Xuhui Carbon Materials Technology Co., Ltd., indicating a strategic focus on the new energy and new materials sectors [8] - Ma Weihua has a notable background, having served as the president of China Merchants Bank and currently holding various independent director positions in other companies [8]

Core Viewpoint - The Danzhou Yangpu Economic Development Zone has achieved a significant increase in output value by 500% while reducing energy consumption by 30% since 2006, showcasing its commitment to green development and sustainability [1]. Group 1: New Energy Industry Development - The Yangpu Economic Development Zone has established a "1+2+N" new energy industry system, focusing on wind power, photovoltaic power, and hydrogen energy, while also nurturing the energy storage industry to support high-quality development of the entire new energy industry chain [1]. - The Shenneng CZ2 and Datang CZ3 offshore wind power demonstration projects have achieved full capacity grid connection, generating approximately 3.47 billion kilowatt-hours of clean energy, equivalent to saving about 100,000 tons of standard coal and reducing carbon dioxide emissions by about 270,000 tons [2]. - The offshore wind power installed capacity in Yangpu has reached 1.2 million kilowatts, with additional contributions from onshore wind, gas, waste heat, biomass, small hydropower, and photovoltaic power [3]. Group 2: Green Methanol and Hydrogen Production - The Yangpu Economic Development Zone is actively developing a green methanol industry, with multiple companies expressing investment intentions, which will meet the demand for green shipping fuel and support the establishment of an international shipping hub [4]. - The region is planning to create China's first green hydrogen-based energy production and operation center, integrating green hydrogen and its derivatives, which will serve as a demonstration project [4]. Group 3: Energy Storage Solutions - To address the intermittency of renewable energy sources, the Yangpu Economic Development Zone is promoting four shared energy storage projects with a total investment of approximately 4.4 billion yuan, enhancing system regulation capabilities to support high proportions of renewable energy consumption [5]. Group 4: Environmental Quality and Industrial Efficiency - The air quality in the Yangpu Economic Development Zone has maintained an excellent rate of 99.4% to 99.7% from 2022 to 2024, while the nearshore seawater quality has remained at 100% over the past three years [7]. - The introduction of new projects in the zone considers energy consumption and emissions against domestic and international standards, contributing to reduced energy consumption and increased product value through industrial clustering and chain extension [7].

Core Insights - Huqin Rubber Industrial Group and CATL have reached a deep cooperation for a 30MW/60MWh energy storage project, which is the largest commercial energy storage project in Jining [1][2] - The project aims to enhance Huqin Group's photovoltaic power consumption capacity and grid demand response, supporting efficient energy utilization and grid operation [2] Group 1: Project Overview - The 30MW/60MWh energy storage project is one of the largest commercial energy storage projects in China, expected to significantly improve energy efficiency and grid collaboration in Jining [2] - Key components of the energy storage battery system will be supplied entirely by CATL, providing strong support for both companies' development in Jining [2] Group 2: Strategic Importance - The collaboration represents a significant strategic layout and exploration in the new energy sector for both companies [2] - Huqin Group will gain access to leading energy storage battery system solutions, enhancing its market competitiveness and strengthening its position in the new energy field [2] - For CATL, the partnership will help expand its market presence and brand influence while ensuring stable industrial support in Jining [2] Group 3: Industry Impact - This collaboration will effectively promote the development and improvement of the new energy industry chain in Jining, facilitating the integration of new energy and traditional industries [2]

Core Viewpoint - The article highlights the development of a "1+2+N" new energy industry system in Yangpu, Danzhou, aiming to enhance green and low-carbon development while significantly increasing industrial output and reducing energy consumption. Group 1: New Energy Industry Development - The Yangpu Petrochemical New Materials Industrial Park has achieved a 500% increase in output value since 2006, while energy consumption has decreased by 30% [2][7]. - Yangpu is focusing on wind power as the leading industry, while also expanding solar power and hydrogen energy sectors, and nurturing energy storage industries [2][5]. Group 2: Wind Power Projects - The Sheneng CZ2 and Datang CZ3 offshore wind power demonstration projects have been fully connected to the grid, generating approximately 3.47 billion kilowatt-hours of clean energy by the end of August [3][4]. - The offshore wind power installed capacity in Yangpu has reached 1.2 million kilowatts, with additional capacities from onshore wind, gas, and other renewable sources [4][6]. Group 3: Green Methanol and Hydrogen Production - Yangpu is developing a green methanol industry, with multiple companies expressing investment intentions, including Sheneng and Beijing Kunlun [5][6]. - Aiming to establish a green hydrogen production and operation center, Yangpu is leveraging its renewable energy resources to create a closed-loop production system for green hydrogen and its derivatives [6]. Group 4: Environmental Quality and Industrial Standards - The air quality in the Yangpu Economic Development Zone has maintained an excellent rate of 99.4% to 99.7% from 2022 to 2024, with coastal water quality remaining at 100% [7]. - New projects in Yangpu are evaluated based on their energy consumption and emissions, ensuring they meet advanced domestic and international standards [7][8]. Group 5: Recognition and Achievements - Yangpu has been recognized as a national new industrialization demonstration base and a national-level green park, ranking first among 703 chemical parks in terms of potential [8].

Core Viewpoint - Danzhou Yangpu is establishing a comprehensive offshore wind power industry chain and promoting high-quality development of the new energy industry through a "1+2+N" system [1][2] Group 1: Offshore Wind Power Projects - The Sheneng CZ2 offshore wind power demonstration project has achieved full capacity grid connection as of March 2025, with a total planned capacity of 1200 MW, including 67 units of 9 MW wind turbines in the first phase [1] - As of the end of August this year, the CZ2 project has provided 347 million kWh of clean electricity to Hainan's power grid, equivalent to saving approximately 100,000 tons of standard coal and reducing carbon dioxide emissions by about 270,000 tons [1] Group 2: New Energy Industry Development - Danzhou Yangpu has achieved an installed capacity of 1.2 million kW for offshore wind power, 99,000 kW for onshore wind power, 1.43 million kW for gas power, 277,500 kW for waste heat power, 130,000 kW for biomass power, 48,000 kW for small hydropower, and 850,000 kW for photovoltaic power [2] - The region is actively constructing a complete offshore wind power industry chain, focusing on "upstream generation - midstream equipment - downstream application," and has successfully attracted three leading turbine manufacturing enterprises to its 1500-acre wind power industrial park [2] - Danzhou Yangpu is also developing a green methanol industry, with projects from Sheneng, Beijing Kunlun, Envision, and Datang advancing in preliminary work to meet the demand for green shipping fuel and support the establishment of an international shipping hub [2]

Core Viewpoint - Greeenme's upcoming Hong Kong IPO is driven by a pressing need for financing due to a significant debt gap of nearly 9 billion, despite the company's expanding revenue. The company's unit value has sharply declined, raising concerns about potential hidden issues in its asset statements [1][5]. Financial Performance - In the first half of 2025, Greenme achieved a revenue of 17.56 billion, a year-on-year increase of 1.28%, with the new energy battery materials business accounting for nearly 60% of total revenue, growing at a mere 0.56% [2][3]. - The company's capital expenditures surged from 1.43 billion in 2020 to 11.94 billion in 2024, with 6.63 billion spent in the first half of 2025 [3][5]. - The net profit attributable to shareholders for the first half of 2025 was 799 million, reflecting a year-on-year growth of 13.91% [10]. Debt and Financing - As of mid-2025, Greenme's short-term debt stood at 14.29 billion and long-term debt at 18.69 billion, while available cash and trading financial assets totaled only 5.4 billion, indicating a short-term debt gap of nearly 10 billion [5]. - The company is heavily reliant on debt for expansion, with financial expenses consuming a significant portion of profits, peaking at 49% of net profit in 2024 [5]. Business Model and Operations - Greenme operates a dual business model of "urban mining and new energy materials manufacturing," focusing on recycling key mineral resources and producing battery materials [2]. - The company has established a comprehensive supply chain for nickel resources, producing high-end battery materials that are widely used in electric vehicles and energy storage [6][7]. Inventory and Production Efficiency - Despite increasing revenue, the efficiency of unit production value has declined, with fixed asset unit values dropping from 2.18 in 2022 to 1.34 in 2024 [10]. - The company reported a high average capacity utilization rate of over 95% in its new energy business, significantly exceeding industry averages, while also experiencing a substantial increase in inventory and prepayments, which rose from 7.48 billion in 2020 to 16.51 billion by mid-2025 [12][14]. Market Position and Strategic Moves - Greenme's new energy materials business saw a revenue increase of 10.24% in 2024, while the urban mining business grew by 3.87% [11]. - The company is seeking to attract strategic investors for its subsidiary in Indonesia to enhance its global competitiveness and integrate deeper into the European and American markets [6][7]. Concerns and Regulatory Issues - There are concerns regarding the high inventory levels and prepayments, which may indicate potential financial engineering practices to defer cost recognition [15]. - The company's auditing firm faced scrutiny for inadequate audit procedures, leading to a change in auditors [16].

Core Insights - The 8th China International Photovoltaic and Energy Storage Industry Conference (PESIC 2025) will be held in Chengdu from November 17 to 20, 2025, focusing on the integration of photovoltaic and energy storage industries [1][3] - The conference has become one of the top three global events in the photovoltaic and energy storage sectors, serving as a strategic platform for companies to tap into a trillion-level market [1][3] Event Scale and Participation - The 2024 conference attracted over 34,000 attendees and facilitated more than 60 cooperation projects with a total signing amount exceeding 30 billion yuan, covering key areas such as high-efficiency batteries and smart energy [3][5] - The upcoming event is expected to set a new record with over 60,000 square meters of exhibition space and more than 30 concurrent activities, anticipating participation from over 5,000 exhibiting companies and over 50,000 professional visitors [3][5] International Collaboration - The conference will invite representatives from over 10 countries, including Germany, Spain, and Brazil, as well as officials from international organizations and various Chinese government departments [5][10] - Nearly 200 international buyers from countries such as the USA, Russia, and Mexico will attend, providing opportunities for long-term cooperation [10] Industry Trends and Innovations - The conference will showcase advancements in the entire renewable energy value chain, including photovoltaic, energy storage, and electric vehicle sectors, with participation from leading companies like JinkoSolar, Trina Solar, and BYD [9][10] - The event will also feature the unveiling of the "2025 China and Global Photovoltaic and Energy Storage Industry Development White Paper," analyzing industry trends and providing insights for business development [16][18] Regional Development and Policy Support - Sichuan province is positioning itself as a global photovoltaic industry hub, with significant investments from top global companies and a comprehensive industry chain established [23][24] - The provincial government has introduced measures to support the photovoltaic manufacturing sector, aiming to reduce production costs and enhance competitiveness [24][26] Future Outlook - By 2027, Sichuan aims to cultivate 30 influential industry-leading enterprises and establish five trillion-level emerging industry clusters, with a focus on new energy storage technologies [28] - The province is actively promoting various energy storage technologies, including lithium, sodium, and all-vanadium flow batteries, to support the construction of a new power system [28]