Core Viewpoint - The article highlights the successful issuance of a 3 billion yuan technology innovation perpetual corporate bond by Shaanxi Yanchang Petroleum (Group) Co., Ltd., marking a new low in bond issuance rates for the same term in Shaanxi Province [3]. Group 1: Company Overview - Shaanxi Yanchang Petroleum is a large energy and chemical enterprise that integrates the efficient development, comprehensive utilization, and deep transformation of various resources such as oil, natural gas, and coal [3]. - The company is a state-owned enterprise under the Shaanxi Provincial Government and ranks 257th among the Fortune Global 500 companies [3]. Group 2: Bond Issuance Details - The bond issuance has a scale of 30 billion yuan and a term of 5+N years, with a主体评级 (main rating) of AAA and a coupon rate of 1.94% [3]. - This issuance is significant as it reflects the company's differentiated and specialized development path in comprehensive utilization and deep transformation of coal, oil, and gas resources [3]. Group 3: Future Collaboration - Shenwan Hongyuan Securities, as the lead underwriter, aims to deepen its collaboration with Yanchang Petroleum, leveraging capital market expertise to stimulate regional economic growth and support the transformation and upgrading of the energy industry [3].

同时，云南省推动化石能源产业转型发展。推动火电向基础性和调节性电源并重转型，推进煤电机组清 洁降碳改造，提升新建机组指标水平，依托中缅天然气管道等适当布局气电。加快煤炭开采绿色化改 造，推进煤炭分质分级利用，加大煤矸石综合利用，推动煤矿瓦斯治理与抽采利用一体化发展，推进煤 炭与新能源融合发展。 （来源：工人日报） 据了解，云南省加快清洁可再生能源资源开发。持续推进金沙江、澜沧江国家大型水电基地建设，对具 备一体化开发条件的流域，统筹推进水风光一体化开发，实现多能互补、深度融合，稳步推进干流水电 扩机和增容改造；严守生态保护红线，坚持集中式与分布式并重，科学有序开发新能源，推动实施交能 融合项目，推进干热河谷、石漠化、废弃矿区生态治理等"新能源+"一体化发展，有序开展老旧风电场 改造升级和退役。 本报讯 （记者赵黎浩）记者日前从云南省人民政府新闻办公室举行的《云南省加快构建现代化产业体 系推进产业强省建设行动计划》政策解读新闻发布会上了解到，截至2025年底，云南省绿色电力装机量 超1.55亿千瓦，居全国前列。 ...

Core Viewpoint - Baose Co., Ltd. focuses on the research, design, manufacturing, and sales of special materials non-standard pressure vessel equipment, primarily involving titanium, zirconium, nickel, and high-grade stainless steel, with applications across various industries [1] Company Overview - The company specializes in non-standard pressure vessel equipment made from special materials, including heat exchangers, towers, reactors, and pipeline fittings [1] - Its products are widely used in chemical, energy, metallurgy, electric power, environmental protection, shipbuilding, and marine engineering sectors [1] Industry Context - The company is positioned as a professional supplier in the domestic special materials non-standard equipment manufacturing field [1] - With the ongoing transformation of the national energy industry and the deepening of the "dual carbon" strategy, the company aims to expand into new business areas [1] - The continuous expansion of downstream application fields for special materials non-standard pressure vessel equipment is expected to drive the company's growth towards new productive forces [1]