Core Viewpoint - Beijing Shougang Co., Ltd. has been approved to issue green technology innovation corporate bonds with a total face value of up to RMB 10 billion, with a specific issuance of RMB 5 billion for the first phase [1][2]. Group 1: Issuance Details - The total issuance of corporate bonds is capped at RMB 10 billion, with a maximum of RMB 8 billion for long-term bonds and RMB 2 billion for short-term bonds [1]. - The first phase of the bond issuance is set at RMB 5 billion, divided into two varieties: one with a maturity of 3 years and the other with a maturity of 5 years [1]. - The bonds will be issued at a price of RMB 100 each, utilizing a method of offline inquiry and allocation to professional institutional investors [1][2]. Group 2: Subscription and Demand - The issuance period for the bonds is from July 1, 2025, to July 2, 2025, with the final issuance scale for the second variety being RMB 5 billion and a coupon rate of 1.92% [2]. - The subscription rate for the bonds was 3.14 times, indicating strong demand from investors [2]. - Major underwriters, including Everbright Securities and Guotai Junan Securities, participated in the subscription, with total subscriptions from underwriters amounting to RMB 3.2 billion [2].

Core Viewpoint - Biyao Green Group has successfully secured a three-year contract worth approximately HKD 150 million for marine waste cleaning and disposal services in Hong Kong's eastern waters, marking a significant expansion of its service portfolio from land to marine operations [1] Group 1: Contract Details - The contract will commence on October 1, 2025, and covers comprehensive marine cleaning and waste collection services in various areas including Victoria Harbour, Central, Sheung Wan, Causeway Bay, Tsim Sha Tsui, Yau Ma Tei, Cheung Sha Wan, Shau Kei Wan, Kwun Tong, Sai Kung, and Tolo Harbour [1] - This contract is seen as a recognition of Biyao's 45 years of excellence in the industry, allowing the company to extend its land waste management standards and operational efficiency to marine environments [1] Group 2: Environmental Commitment - The company aims to protect Hong Kong's marine ecological environment and enhance the cleanliness and beauty of Victoria Harbour, which is a symbol of Hong Kong as an international metropolis [1] - Biyao will provide essential environmental support for various international events held in Victoria Harbour, thereby enhancing Hong Kong's international image [1] Group 3: Future Initiatives - The company will continue to promote green technology innovation and explore more efficient and environmentally friendly technological solutions to support Hong Kong's development towards a smart city [2] - Biyao is committed to creating a cleaner and more livable environment while generating long-term value for shareholders and the Hong Kong community [2]

Core Viewpoint - The State Council emphasizes the necessity of accelerating green technology innovation and the promotion of advanced green technologies to strengthen the green foundation of new industrialization [1] Group 1: Green Development in Manufacturing - The transition to low-carbon development in the manufacturing sector is a prevailing trend [1] - There is a call to promote deep green transformation in traditional industries through policies like large-scale equipment updates and the application of advanced equipment and processes [1] Group 2: Emerging Industries and Resource Utilization - The initiative aims to lead emerging industries towards high-level green development, increasing the promotion of clean energy and green products [1] - Enhancing resource recycling levels is a key focus area [1] Group 3: Technological and Policy Support - Strengthening common technology research and improving standards in key areas are essential steps [1] - The optimization of related policies and the establishment of a comprehensive green manufacturing and service system are necessary to better support enterprise transformation and upgrading [1]