文 | 《能见派》栏目 刘丽丽 光伏 "盈利王"横店东磁 遭遇了信任危机。 据外媒报道，法国权威认证机构 Certisolis近日宣布取消横店东磁旗下四款太阳能组件享受 5.5%优惠增值税税率的资格。原因是横店东磁被 发现提供的文件中有关特定组件溯源性存 在错误，极大影响了碳足迹的计算结果。 对此，横店东磁向 《能见派》 表示，目前此事对公司的海外市场没有影响，公司的业绩非 常不错。 但有分析人士认为，横店东磁的直接损失是增值税税率增加影响市场，但更大的影响可能会 波及整个中国光伏企业的申报。 这场看似单一企业的错误，正在引发一连串的连锁反应，中国同行或将为此 "买单"？ 文件错误引发何种连锁反应？ 接近 Certisolis人士 向《能见派》 栏目 透露， Certisolis内部对于此次横店东磁的文件错 误比较恼火，因为这可能意味着他们对于很多申请要重新做合规性分析，工作量很大，甚至 可能会损害机构的公信力。该人士认为，更需要注意的是，此事的实质性影响不仅横店东磁 一家企业，甚至以后会影响其他中国企业的申报。 对于这次横店东磁被认证机构识别出错误的原因，上述人士表示，实际上，光伏组件碳排放 溯源涉及一系列 ...

炒股就看金麒麟分析师研报，权威，专业，及时，全面，助您挖掘潜力主题机会！ 文 | 《能见派》栏目 刘丽丽 光伏"盈利王"横店东磁遭遇了信任危机。 据外媒报道，法国权威认证机构Certisolis近日宣布取消横店东磁旗下四款太阳能组件享受5.5%优惠增值 税税率的资格。原因是横店东磁被发现提供的文件中有关特定组件溯源性存在错误，极大影响了碳足迹 的计算结果。 对此，横店东磁向《能见派》表示，目前此事对公司的海外市场没有影响，公司的业绩非常不错。 但有分析人士认为，横店东磁的直接损失是增值税税率增加影响市场，但更大的影响可能会波及整个中 国光伏企业的申报。 这场看似单一企业的错误，正在引发一连串的连锁反应，中国同行或将为此"买单"？ 文件错误引发何种连锁反应？ 接近Certisolis人士向《能见派》栏目透露，Certisolis内部对于此次横店东磁的文件错误比较恼火，因为 这可能意味着他们对于很多申请要重新做合规性分析，工作量很大，甚至可能会损害机构的公信力。该 人士认为，更需要注意的是，此事的实质性影响不仅横店东磁一家企业，甚至以后会影响其他中国企业 的申报。 对于这次横店东磁被认证机构识别出错误的原因，上述 ...

国务院重磅定调，新型消费迎来黄金发展期！国家发展改革委、工业和信息化部、商务部等多部门密集 出台政策，确立 "消费返利积分" 机制，推动绿色消费积分落地、数商经济崛起、消费商模式创新，为 普通人打造了逆袭创富的黄金赛道。 政策护航 这场融合 "绿色" 与 "数字" 的消费变革，正重塑经济生态，释放万亿级市场红利。 绿色消费积分加速开启万亿市场 绿色消费积分的诞生与发展，始终伴随着国家政策的持续赋能。 2016 年，我国 10 部委印发《关于促进绿色消费的指导意见》，首次提出 "研究建立绿色消费积分制"， 为这一机制埋下政策伏笔； 2022 年，七部委联合印发《促进绿色消费实施方案》，正式允许绿色消费积分制度落地实施，标志着 其从理论构想迈入实际应用； 2025 年开年，国务院及五部门联合发布《优化消费环境三年行动方案（2025—2027 年）》，聚焦 "数 字消费、绿色消费、健康消费" 三大方向，明确绿色积分制度全面落地，推动消费商模式创新，为新型 消费发展注入强劲动力。 一系列政策以部委规章的立法形式，正式确立了消费积分的合法性、有效性。通过积分兑换、折扣优 惠、以旧换新等多元化激励方式，撬动绿色消费市场扩 ...

北京商报讯(记者刘一博冯若男)12月24日，北京商报记者从红星二锅头公众号获悉，北京红星怀柔酒厂 及红星品牌旗下产品(红星一品)通过国际公认检验机构必维集团的碳足迹认证，"碳足迹"能够帮助企业 更清楚地了解全链条碳排放情况，是制定减排方案时重要的量化手段，能够为未来的低碳生产提供精准 的数据指导，这是红星继2023年荣获绿色工厂之后绿色管理新起点。 ...

每经AI快讯，有投资者在投资者互动平台提问：请问贵公司近两年是否将产品出口至欧盟国家？ 中孚实业（600595.SH）12月24日在投资者互动平台表示，近年来，公司借助铝及铝精深加工业务"绿 色、低碳、循环发展"优势，不断加大国内外市场开发，铝精深加工产品销往全球45个国家和地区的140 家工厂，其中包括欧盟部分国家。为积极应对铝加工产业链碳足迹管理和欧盟碳关税等政策或发展要 求，公司正逐步建立铝精深加工产品的碳排放数据管理和核算体系，开展碳排放目标管理，公司主要产 品已按评价周期获得SGS碳足迹认证。 （文章来源：每日经济新闻） ...

Core Insights - The Beijing Pinggu District Market Supervision Administration held a seminar to promote standardization services in agriculture, awarding a "Zero Carbon Plant Factory Certification" to the Air Nursery Technology Courtyard in Machangying [1][2] - The Air Nursery has adopted plant factory technology to precisely control environmental conditions for plant growth, enabling year-round rapid breeding and cultivation of high-end vegetables and medicinal food crops [1] - The plant factory operates under a zero-carbon philosophy, utilizing recyclable materials for equipment upgrades, solar panels for energy needs, and advanced LED lighting systems to achieve over 90% water savings [1] Summary by Sections Certification and Collaboration - A strategic cooperation agreement was signed among multiple parties, including the Machangying Town Government and certification bodies, to enhance the development of the Air Nursery [2] - The collaboration aims to address the challenge of limited market application of laboratory results, facilitating the rapid transformation of research outcomes into market-ready solutions [2] Industry Impact - The certification signifies that the plant factory has reached industry-leading standards in energy conservation and carbon reduction, providing a replicable model for sustainable urban agriculture [2] - The initiative supports the "Two Carbon Two Standards" framework, focusing on zero carbon certification and the establishment of group standards for plant factories and medicinal food crops [2] Future Directions - The Pinggu District Market Supervision Administration plans to continue supporting innovative projects and promote exemplary cases to encourage more enterprises to pursue high-standard, high-quality development paths [2]

Core Viewpoint - The release of the first batch of 51 carbon footprint certification certificates for power equipment marks a significant advancement in green low-carbon management within China's power equipment industry, laying a solid foundation for the visualization, management, and optimization of carbon footprints across the entire industrial chain [1][2]. Group 1: Carbon Footprint Certification - Carbon footprint certification quantifies and verifies greenhouse gas emissions throughout a product's lifecycle, which is crucial for implementing carbon footprint management in power equipment manufacturing and usage [1][2]. - The certification serves as a core tool for green supply chain management, enhancing carbon transparency and encouraging suppliers to engage in carbon management [1][2]. Group 2: Policy and Standards - Since 2022, China has been actively establishing a unified carbon footprint management system, with policies like the "2030 Carbon Peak Action Plan" emphasizing the need for lifecycle carbon footprint standards and labeling [2]. - The National Certification and Accreditation Administration has released guidelines to ensure data quality and comparability in carbon footprint certification, enhancing the credibility of certification results [2]. Group 3: Future Developments - The certification will gradually expand to cover more products, including smart meters and energy storage devices, ensuring comprehensive carbon management across all stages of power generation, transmission, distribution, and usage [3]. - There are plans to upgrade the existing database and platform capabilities, integrating real-time operational data and exploring technologies like blockchain for data sharing and traceability [3]. - The initiative aims to deepen international cooperation and recognition, facilitating a global certification process for Chinese enterprises [3]. - Future applications of carbon footprint data will extend to green procurement and financial instruments, creating a positive cycle between carbon data, finance, and emissions reduction [3][4]. Group 4: Industry Collaboration - The industry will focus on enhancing capabilities and collaboration among power companies, equipment manufacturers, certification bodies, and research institutions to improve carbon accounting and reduction capabilities [4]. - The certification center will continue to promote carbon footprint certification for power equipment, aiming to elevate the green level of the power supply chain and contribute to national carbon neutrality goals [4].

Core Viewpoint - The company has established itself as a leading player in the aluminum industry in China, focusing on an integrated aluminum production chain and demonstrating strong financial performance and growth potential [1][2][3][4] Group 1: Company Overview - The company has over 50 years of experience in the aluminum industry, originally founded as Yunnan Aluminum Plant in 1970, and has developed a comprehensive aluminum production chain from bauxite to aluminum processing [1] - It is recognized as a "National Environmentally Friendly Enterprise" and a green factory, with an integrated production capacity of 1.4 million tons of alumina, 3.08 million tons of green aluminum, and other related products [1] - The company has a self-sufficiency rate of approximately 29% for alumina and 72% for carbon products [1] Group 2: Financial Performance - The company's net profit for the first half of 2024 reached 2.768 billion yuan, reflecting a 10% year-on-year increase, with improving asset quality and cash flow [1] - By the first half of 2025, the company's interest-bearing debt decreased to 2.7 billion yuan, and the debt-to-asset ratio fell to 21.95%, indicating a strong financial position [1] - The cash balance at the end of the first half of 2025 was 7.46 billion yuan, an increase of 1.3 billion yuan compared to the entire year of 2024 [1] Group 3: Dividend Policy - The company has been increasing its dividend payout ratio, with a projected dividend ratio of 32% for 2024, up 12 percentage points year-on-year, and 40.1% for the first half of 2025 [2] - The total cash dividend for 2024 is expected to reach a historical high, reflecting the company's strong cash flow and reduced debt levels [2] Group 4: Green Energy and Sustainability - The company is well-positioned to benefit from the increasing emphasis on green electricity consumption in the aluminum industry, with a target of at least 25.2% green electricity consumption by 2025, a 20% increase from 2024 [3] - The company utilizes over 80% clean energy in its production, resulting in carbon emissions approximately 20% of those from coal-powered aluminum production [3] - It has achieved a 100% compliance rate in carbon trading and is among the first domestic companies to receive product carbon footprint certification, indicating its leadership in low-carbon production [3] Group 5: Investment Outlook - The company is projected to achieve net profits of 6.93 billion yuan, 7.97 billion yuan, and 8.21 billion yuan for 2025-2027, representing year-on-year growth rates of 57.1%, 14.9%, and 3.1% respectively [4] - A target price of 23.0 yuan is set for the company based on a 10x price-to-earnings ratio for 2026, reflecting its strong dividend potential and favorable market conditions [4]

Core Viewpoint - The forum held during the London Shipping Week highlighted China's advancements in green, intelligent, and sustainable shipping solutions, showcasing the country's commitment to the industry's dual transformation and global influence [1][2]. Group 1: Company Initiatives - China COSCO Shipping Group presented an integrated green intelligent supply chain solution that encompasses the entire shipping, port, and logistics industry chain [1]. - Over one-third of the newly added vessels by the group are of new energy types, and the company is enhancing operational efficiency through blockchain and artificial intelligence technologies [1]. - The group initiated a green shipping energy fund and a carbon footprint certification platform to accelerate the application of green fuels and achieve global emission reduction targets [1]. Group 2: Industry Standards and Practices - China Classification Society showcased its latest explorations in green and digital fields, including the establishment of over 30 green and digital ship standards and the construction of a digital twin platform for smart ships [1]. - The society emphasized the benefits of creating an open and shared technological ecosystem for all maritime stakeholders globally [1]. - The China Shipbuilding Industry Association noted that China has accumulated replicable experiences in green shipbuilding, smart ship research and development, and green fuel supply, providing strong support for building a "zero-carbon shipping community" [1]. Group 3: Collaborative Efforts - During the forum, industry leaders discussed enhancing cooperation between China and the UK, as well as between China and Europe, focusing on areas such as green fuel research, smart ship demonstrations, carbon footprint certification, and talent training [3]. - Plans were announced to unveil the first batch of collaborative results at the 2026 Shanghai Maritime Exhibition [3].

Core Viewpoint - Chongqing's low-carbon development is seen as a new engine for high-quality economic growth, with significant achievements in energy consumption reduction and economic growth rates [1][4]. Group 1: Low-Carbon Initiatives - Chongqing's energy consumption growth rate is 2.4% annually, supporting an economic growth rate of 5.6%, with GDP energy consumption dropping to 0.310 tons of standard coal per ten thousand yuan, outperforming the national average by approximately 30% [1]. - The Chongqing Conch Cement plant utilizes urban waste for energy generation, achieving a zero-emission goal through resource recovery and full utilization of residual ash as cement raw material [1][4]. - The waste incineration project at Chongqing Conch Cement has processed over 570,000 tons of municipal waste since its operation, significantly reducing landfill usage and environmental risks [5][6]. Group 2: Environmental Impact and Achievements - The Chongqing Conch Cement plant has achieved a reduction of 11,500 tons of CO2 emissions annually and over 90% reduction in methane emissions, with dioxin concentrations far below national standards [6]. - The plant has been recognized as a national-level green factory and a model for ecological protection along the Yangtze River Economic Belt [6]. - The waste management system in Chongqing has reached a 100% harmless treatment rate, with a goal of zero landfill by 2025 [4][5]. Group 3: Industry Cluster and Technological Innovation - The Dadu River area hosts several national-level green factories, including Chongqing International Composite Materials Co., which has achieved top-tier emissions standards in its glass fiber production [7][8]. - The Chongqing Smart Industry Park has transformed into a near-zero carbon park, focusing on smart economy and green manufacturing, with significant reductions in carbon emissions and waste [11][12]. - The introduction of low-carbon technologies in various sectors, such as the production of microbial protein and hydrogen fuel cells, showcases the region's commitment to sustainable development [12][13][14].