Core Points - Lianmei Holdings announced that its controlling shareholder, Lianzhong New Energy, holds approximately 1.199 billion shares, accounting for 52.98% of the total share capital [1] - The company received a notification regarding the pledge registration of about 130 million shares on November 25, 2025, and the release of approximately 163 million shares on November 26, 2025 [1] - After the completion of the pledge and release, Lianzhong New Energy has pledged a total of approximately 467 million shares, representing 38.94% of its holdings [1] Shareholding Structure - Lianzhong New Energy and its concerted party, Lianmei Group, collectively hold about 1.589 billion shares, which is 70.21% of the total issued shares [1] - The total number of pledged shares amounts to approximately 618 million, which is 27.31% of the company's total share capital and 38.9% of the shares held by Lianzhong New Energy and Lianmei Group [1] Revenue Composition - For the first half of 2025, Lianmei Holdings' revenue composition is as follows: clean energy accounts for 83.97%, advertising publishing for 15.42%, and other businesses for 0.61% [1]

Core Insights - The Xinjiang Tacheng region's State-owned Assets Supervision and Administration Commission (SASAC) has significantly enhanced the operational efficiency and core competitiveness of state-owned enterprises (SOEs) through reform initiatives [1][2] Group 1: Financial Performance - As of the end of October, the total assets of state-owned enterprises in the Tacheng region reached 81.794 billion yuan, a year-on-year increase of 0.6% [1] - The operating revenue for the same period was 11.389 billion yuan, reflecting a year-on-year growth of 33.3% [1] - Tax contributions amounted to 576 million yuan, showing a substantial year-on-year increase of 132.6% [1] Group 2: Reform and Structural Optimization - The region has completed 197 reform measures with a completion rate of 97.9%, ranking third in the entire Xinjiang region [1] - A modern industrial system comprising "5+2" sectors, including modern agriculture, clean energy, port logistics, mineral development, cultural tourism integration, and urban services, has been established [2][5] - The SASAC has implemented six special governance actions to optimize enterprise structure, resulting in the reduction of 17 redundant legal entities and the adjustment of nine underperforming management personnel [5] Group 3: Strategic Initiatives and Future Plans - The region aims to transform resource endowments into tangible development advantages by engaging in comprehensive cooperation with central enterprises, regional enterprises, and high-quality market players from outside Xinjiang [2] - Future plans include the cultivation of 3 to 5 state-owned enterprises with core competitiveness, referred to as "Tacheng State-owned Enterprise Benchmarks" [5] - The SASAC emphasizes the importance of modern enterprise systems and talent retention to enhance the role of SOEs in economic growth, industrial innovation, and social welfare [5]

Core Insights - The National Development and Reform Commission (NDRC) has been actively promoting the expansion of the infrastructure Real Estate Investment Trusts (REITs) market since its initiation in 2020 [1] - Initially, the issuance scope included sectors such as warehousing logistics, toll roads, municipal facilities, and industrial parks, with subsequent expansions to include clean energy, data centers, affordable rental housing, water conservancy facilities, cultural tourism, and consumer infrastructure [1] - Currently, the issuance scope encompasses 12 major industries and 52 asset types, with 18 asset types across 10 industries having successfully completed their first issuance and listing [1]

证券日报网讯 赫美集团（002356）11月27日在互动平台回答投资者提问时表示，公司高度关注并重视 清洁能源及绿色能源产业的发展，公司能源业务持续聚焦于风光电制绿氢绿醇项目推进、综合能源站优 化运营及氢电共享单车精细化运营。 ...

京能清洁能源积极响应国家"双碳"目标，紧扣"十四五"规划要求，制定《清洁能源碳达峰行动方案》， 建立《双碳工作动态》编制与汇报机制，实时跟踪政策与市场动态。公司以双轮驱动，激活绿色发展核 心动能：一方面，通过"党建+双碳"行动将党建引领融入绿色发展各环节；另一方面，依托"治理、策 略、风险管理、指标与目标"披露架构，将气候变化全面纳入ESG风险管理框架，强化气候治理能力。 在治理与策略层面，公司构建多层级监督管理机制，由董事会统筹把控并监察气候相关风险管理的情 况，下设战略与ESG委员会负责识别与评估气候相关风险，构建气候风险管理体系。此外，公司选用政 府间气候变化专门委员会（IPCC）提出的两种情景开展气候情景分析，系统识别在高、低排放情境下 面临的物理风险与转型风险，分析政策、市场、技术及声誉等维度的挑战与机遇。 在实践层面，公司通过持续优化能源结构、提升运营效率，已取得显著减排成效。过去十年间，公司非 化石能源装机量增幅超过390%，非化石能源发电量占比提升58%。2024年，公司年度可再生能源业务 发电量已达到210.5亿千瓦时，相当于减少1,752.4万吨CO2排放。截至"十四五"规划末期，公司已顺 ...

Group 1: New Energy Storage Capacity - The new energy storage capacity in China has exceeded 100 million kilowatts, representing a growth of over 30 times compared to the end of the 13th Five-Year Plan, and accounts for over 40% of the global total installed capacity, making China the world leader in this sector [3]. Group 2: Electric Vehicle Charging Infrastructure - As of the end of October 2025, the total number of electric vehicle charging infrastructure units in China has reached 18.645 million, showing a year-on-year growth of 54.0%. The charging service capacity is expected to double by the end of 2027 [4]. Group 3: Green Hydrogen Production - By the end of 2024, China's green hydrogen production capacity is projected to exceed 150,000 tons per year, accounting for over 50% of the global total. Additionally, 540 hydrogen refueling stations have been established, representing 40% of the global total [5]. Group 4: Renewable Energy Generation - In the first three quarters of 2025, China's renewable energy generation reached 2.89 trillion kilowatt-hours, marking a year-on-year increase of 15.5%. This amount constitutes approximately 40% of the total electricity generation and accounts for about 60% of the industrial electricity consumption during the same period [6].

Group 1 - The 13th Plenary Session of the 13th Provincial Committee of the Communist Party of China in Liaoning has set the direction and blueprint for the province's comprehensive revitalization during the 14th Five-Year Plan period [1] - The meeting emphasized that the next five years will be a strategic opportunity period for Liaoning to consolidate and expand advantages, break bottlenecks, and strengthen weaknesses [1][2] - The focus will be on high-quality development, with efforts to achieve effective qualitative improvements and reasonable quantitative growth in the economy [1] Group 2 - Jinzhou aims to attract investment in key industries such as petrochemicals and new materials, targeting the creation of two trillion-level industrial clusters [1][2] - Fuxin is set to enhance its transformation and upgrading capabilities, focusing on clean energy and ecological projects to address development bottlenecks [2] - The optimization of the business environment is recognized as crucial for productivity and competitiveness, serving as a foundation for high-quality development in Liaoning [2] Group 3 - The provincial natural resources system will implement a special action to create the best business environment, providing comprehensive services for enterprises [3] - The transportation system will focus on modernizing infrastructure and enhancing the role of ports in supporting regional revitalization [3] - The development of the marine economy is highlighted as a strategic area, with initiatives to enhance competitiveness and foster growth in this sector [4][5] Group 4 - The low-altitude economy will be developed, with plans to enhance the capabilities of Shenyang Airport and achieve significant passenger throughput targets [5] - Liaoning's universities, such as Shenyang Pharmaceutical University, will leverage their strengths in research and innovation to support the province's high-quality development [5][6] - Companies like China Export & Credit Insurance Corporation and China Grain Reserves Corporation are committed to enhancing their roles in supporting the modern industrial system and ensuring food security [6]

Core Insights - China has established the world's largest clean energy supply system, with a total installed power generation capacity of 3.65 billion kilowatts as of June 2025, of which 2.2 billion kilowatts (60%) is from clean energy sources [1][2] Group 1: Energy Consumption and Economic Growth - Over the past decade, China's energy consumption has grown at an average rate of 3.1%, supporting an average GDP growth of 6.7% [1] - The energy consumption per unit of GDP has decreased by 27%, and carbon emission intensity has dropped by 34% [1] Group 2: Renewable Energy Capacity - Since the 14th Five-Year Plan, China has added an average of 22 million kilowatts of new energy capacity annually, contributing over 80% of the world's new installed capacity [1] - Renewable energy capacity accounts for 41% of the global total, with over 96% of coal-fired power units completing ultra-low emission upgrades [1] Group 3: Technological Innovations - China has built 44 ultra-high voltage transmission channels, with annual electricity transmission from the "West to East" exceeding 700 billion kilowatt-hours [2] - The country has the world's largest single-unit capacity hydropower generator at 1 million kilowatts, and onshore and offshore wind power units have reached capacities of 11 megawatts and 26 megawatts, respectively [2] Group 4: Energy Storage and Electric Vehicles - The operational capacity of new energy storage in China is 95 million kilowatts, accounting for over 40% of the global total [2] - The number of electric vehicles in China exceeds 25.5 million, with 17 million charging facilities and a total rated power of 196 million kilowatts [2] Group 5: Regional Developments - Hunan province has accelerated the construction of a new power system, establishing the first provincial-level research center for new power system development in China [2] - Demonstration projects such as the Hunan New Power System Innovation Center and the Orange Isle Zero Carbon Energy Experience Hall have significantly improved energy supply efficiency in the province [2]

证券日报网讯 11月26日晚间，云南能投发布公告称，2025年10月15日，公司董事会2025年第八次临时 会议审议通过了《关于对全资子公司安宁云能投储能科技有限公司增资的议案》《关于收购全资孙公司 会泽云能清洁能源有限公司100%股权并向其增资的议案》。安宁云能投储能科技有限公司于日前完成 了相关工商登记变更手续，并领取了安宁市市场监督管理局换发的《营业执照》。 （编辑 任世碧） ...

Group 1 - The core point of the article is that Jiufeng Energy announced its external guarantee matters, which are primarily related to guarantees provided among subsidiaries, amounting to approximately 2.53 billion RMB, representing 27.33% of the net assets attributable to shareholders as of the end of 2024 [1][1][1] - As of the end of 2024, Jiufeng Energy's revenue composition is as follows: clean energy accounts for 89.16%, energy services for 9.77%, specialty gases for 1.07%, and other businesses for 0.01% [1][1][1] - The current market capitalization of Jiufeng Energy is 23.2 billion RMB [1][1][1]