编者荐语： 日经中文网与36氪开展内容交换合作。将精选36氪的精彩独家财经、科技、企业资讯，与读者分享。 以下文章来源于36氪 ，作者张钰铮 方婷 36氪 . 36氪是服务中国新经济参与者的卓越品牌和开创性平台，提供新锐深度的商业报道，强调趋势和价值，我们的slogan是：让一部分人先看到未来。 国家级基建雅鲁藏布江下游水电工程开工了。 工程位于雅鲁藏布江大拐弯，心脏地带在林芝市墨脱县， 总投资1.2万亿，是迄今为止，中国首个万亿级别基建。 万亿基建，什么概念？就是把京沪高铁、 川藏铁路、南水北调这仨基建加起来都花不了这么多钱。 这步2045年才可能走完的棋，到底图什么？这泼天的富贵怎么就轮到墨脱这个小县城了呢？ 怎么发电，难度在哪？ 墨脱，在藏语里就是"花"的意思，这地儿形状也像花，周围全是山，县城在中间，是全国最后一个通公路的县城。但这些减分项加起来，都盖不过它天赋异 禀的一个优势，那就是 墨脱恰好就卡在雅鲁藏布江大峡谷拐弯这里。 水力发电的核心，就是把重力势能这种机械能转化为电能，发电量取决于水的流量和落差。而 雅鲁藏布江大拐弯处短短200公里，天然落差却能达到2000多 米。 一年的发电量就够整个北京 ...

Core Insights - Dongcai Technology (601208.SH) reported a revenue of 2.431 billion yuan for the first half of 2025, representing a year-on-year growth of 14.57% [1] - The net profit attributable to shareholders was 190 million yuan, an increase of 19.09% year-on-year [1] - The net profit after deducting non-recurring gains and losses was 159 million yuan, showing a significant year-on-year growth of 45.26% [1] - Basic earnings per share stood at 0.21 yuan [1] Financial Performance - The company achieved a gross profit of 401 million yuan, reflecting a year-on-year increase of 28.99% [1] Market and Product Development - The growth was driven by high-quality developments in emerging fields such as ultra-high voltage power grids, new energy vehicles, artificial intelligence, and computing power upgrades, along with improved demand for consumer electronics [1] - The company has successfully expanded its market share with high-value-added products, including ultra-thin electronic polypropylene films for new energy vehicles and high-end optical polyester films, enhancing its competitive advantage and overall profitability [1]

Core Viewpoint - Dongcai Technology (601208.SH) reported a revenue of 2.431 billion yuan for the first half of 2025, representing a year-on-year growth of 14.57%, and a net profit attributable to shareholders of 190 million yuan, up 19.09% year-on-year [1] Group 1: Financial Performance - The company achieved a gross profit of 401 million yuan in the first half of 2025, reflecting a year-on-year increase of 28.99% [1] Group 2: Market Drivers - The growth is attributed to the high-quality development in emerging fields such as ultra-high voltage power grids, new energy vehicles, artificial intelligence, and computing power upgrades, along with improved demand for consumer electronics [1] - The company has successfully expanded its market presence with high-value-added products, including ultra-thin electronic polypropylene films for new energy vehicles and high-speed electronic resins [1]

东材科技公告，2025年上半年营业收入24.31亿元，同比增长14.57%。净利润1.9亿元，同比增长 19.09%。公司2025年上半年，受益于国内特高压电网、新能源汽车、人工智能、算力升级等新兴领域 的高质量发展以及消费电子终端需求的改善，公司研发生产的特高压用电工聚丙烯薄膜、新能源汽车用 超薄型电子聚丙烯薄膜、高速电子树脂（双马来酰亚胺树脂，活性酯树脂、碳氢树脂、聚苯醚树脂 等）、中高端光学聚酯基膜等高附加值产品，竞争优势明显、市场拓展顺利，快速占据增量市场，品牌 竞争力和整体盈利能力大幅提升。 ...

美国、法国、日本跌倒，韩国核电吃饱 截至目前，全球已建成并在运转的核电设施提供的 中国7月的单月用电量超过万亿千瓦时狠狠地刺激了各个主要经济体，全球第一的可再生能源装机规 模、全球规模最大的特高压电网、已经建成的全国统一电力市场体系是中国的独有优势，其他国家基本 没有复制的可能，但部分国家另辟蹊径，想要通过核电领域的积极建设，挑战中国在电力领域的领先地 位。其中表现最为积极的，是韩国和印度。 ...

Core Insights - China is undergoing a significant energy transformation, with electricity consumption surpassing 1 trillion kilowatt-hours for the first time, while gasoline and diesel consumption are sharply declining [3][5][13] Group 1: Electricity Consumption - In July 2025, China's total electricity consumption reached 1,022.6 billion kilowatt-hours, marking an 8.6% year-on-year increase, making China the first economy to exceed 1 trillion kilowatt-hours in a single month [3][4] - The surge in electricity demand is driven by extreme heat and industrial recovery, with residential electricity consumption rising over 30% in some provinces [4] - Renewable energy sources, including wind and solar, now account for nearly 25% of total energy consumption, indicating a substantial shift towards green energy [4][9] Group 2: Decline in Fossil Fuel Consumption - Gasoline consumption in the first half of 2025 was 72.27 million tons, down 7.0% year-on-year, while diesel consumption fell to 93.07 million tons, a decrease of 4.9% [5][9] - The rise of electric vehicles (EVs) is evident, with 36.89 million EVs in China by mid-2025, replacing approximately 16.6 million tons of gasoline consumption, which is 18.7% of total gasoline use [7][9] - Diesel consumption is declining due to the shift in industrial practices and the adoption of electric commercial vehicles, reflecting deeper industrial transformation [9] Group 3: Renewable Energy Infrastructure - By June 2025, China's renewable energy installed capacity reached 2.159 billion kilowatts, accounting for 59.2% of total power generation capacity, leading the world in both scale and growth rate [4][9] - The completion of 19 ultra-high voltage transmission lines has established the largest long-distance power transmission network globally, enabling the transfer of over 360 billion kilowatt-hours of green electricity annually [4][9] Group 4: Economic Implications - The decline in oil prices to $63 per barrel has allowed China to save over $80 billion in oil import expenditures in 2025, which is being redirected towards renewable energy projects [10][11] - The electricity cost advantage in Western China, at 0.3-0.6 yuan per kilowatt-hour, is fostering competitiveness in the tech sector, with significant reductions in operational costs for AI training [10][11] Group 5: Industry Adaptation - Traditional energy companies are evolving, with investments in green technologies and infrastructure, such as Saudi Aramco's $5 billion investment in a metaverse energy hub [11] - The shift from fuel stations to energy stations is evident, with charging and hydrogen refueling becoming standard offerings [11][13]

"稳定的电力供应保障了全省各地重点企业满负荷生产，更强的网架、更优的结构，如同顺畅的大动 脉，将电力输送至经济民生发展的每个细小末端。"国网浙江省电力有限公司建设部建设处处长张金强 表示，"十四五"期间，浙江电网形成了"两交三直"的特高压骨干网架，如今正朝着"两交四直"迈进。 据统计，以特高压工程为代表，"十四五"前四年，浙江完成电网建设投资1477亿元，预计五年总投资近 2000亿元。 自6月15日电网迎峰度夏以来，浙江特高压电网累计受入电量突破300亿千瓦时，占全省外来电量的 68.8%。在用电高峰时段，特高压送电支撑了全省27%的用电负荷，为经济高质量发展提供重要支撑。 记者获悉，8月初，浙江"西电东送"三大特高压直流工程均进入满负荷运行工况，为浙江高效输送西部 水电、风光电等清洁能源。金华、绍兴、钱塘江三座特高压换流站已有42天在晚高峰时段满功率运行， 55天累计输送电量突破200亿千瓦时，日均稳定送电超3.5亿千瓦时。此外，"皖电东送""闽电北送"等特 高压工程也同步发力，形成多向互补格局。 8月15日，从国网浙江省电力有限公司获悉，今夏浙江通过中长期协议，同时向华北、华中两大区域购 电，首次实现向 ...

以下文章来源于吴晓波频道 ，作者巴九灵 吴晓波频道 . 这是财经作家吴晓波带领"巴九灵"们运营的知识平台，这里汇聚了400多万认可商业之美、崇尚自我奋 斗、乐意奉献共享、拒绝屌丝文化的新中产。 作者 | 吴燕 来源 | 吴晓波频道 (ID: wuxiaobopd) 想 象 一 下 ， 如 果 东 北 气 温 最 高 飙 到 39 ℃ ， 是 种 什 么 程 度 的 热 ？ 如 果 还 没 有 空 调 ， 怎 么 办？ 这个夏天，东北地区遭遇了5 5年来罕见的高温天气，连中国最北端的漠河气温都连续几 天突破35℃大关，地表温度更是高达65℃。 但是！东北没有普及空调。 根据《中国住户调查年鉴2 0 2 3》的数据，辽宁、吉林、黑龙江三省的"空调家底"实在有 点 薄 —— 平 均 每 百 户 才 拥 有 56.8 台 ， 甚 至 是 1 7 . 7 台 和 13.3 台 ， 跟 全 国 平 均 线 差 了 一 大 截。而在浙江，这个数字是218.8台，相当于每户就有2台以上的空调。 所以，甭管是"在东北的南方人"还是"纯正东北银"，统统热到破防。 大学生们更是各显神通：操场扎营睡觉、住酒店蹭空调，甚至自发评选出了 ...