Core Viewpoint - South South Resources (01229) reported a revenue of HKD 194 million for the six months ending September 30, 2025, representing an increase of 8.67% year-on-year. However, the company recorded a loss attributable to shareholders of HKD 3.375 million, compared to a profit of HKD 47.334 million in the same period last year, resulting in a basic loss per share of HKD 0.44 [1] Revenue Breakdown - The increase in revenue from the coal mining business was primarily due to a significant rise in coal sales volume, which increased by approximately 56.63% compared to the same period last year [1] - The revenue increase was influenced by the rise in sales volume, despite a decrease in the average selling price per ton, which fell by approximately HKD 37.02 (or about 29.63%) to around HKD 87.94, down from approximately HKD 124.96 in 2024 [1] - The decline in average selling price was mainly attributed to intense competition in the local market [1] Other Business Segments - The renewable energy business saw a slight revenue increase of about 8.16%, primarily due to currency exchange rate effects during the reporting period [1] - The information technology services segment did not generate any revenue, experiencing a significant decline of 100% year-on-year due to ongoing adverse economic conditions impacting this business category [1] - The company undertook measures to streamline operations, including workforce reductions and the termination of unprofitable service projects, to control costs and mitigate further losses in the information technology services segment [1]

Core Insights - The global data center investment is projected to reach $580 billion, surpassing investments in the oil sector, which are estimated at $540 billion [8] - The International Energy Agency (IEA) emphasizes that the current surge in electricity consumption is not limited to emerging economies but is also significantly driven by developed economies due to the demand from data centers and artificial intelligence [2][3] - By 2035, global energy demand is expected to rise from 654 exajoules (EJ) to 705 EJ, with electricity demand projected to increase by approximately 40% under current and stated policy scenarios [1][3] Investment Trends - The IEA forecasts that total investment in the energy sector will reach approximately $3.3 trillion in 2025, marking a 2% increase from 2024 and setting a historical high [1] - Investment in low-emission power, grids, low-emission fuels, energy efficiency, and end-use sectors is expected to rise from $1 trillion a decade ago to over $2 trillion by 2024, accounting for more than 60% of global investment [3] Electricity Demand Dynamics - The demand for electricity is anticipated to grow explosively, particularly driven by data centers and AI, with a projected annual growth rate exceeding 4% starting in 2024 [8] - By 2030, AI-optimized server electricity consumption is expected to increase fivefold, leading to a doubling of global data center electricity usage from current levels [8] Renewable Energy Outlook - Renewable energy sources, particularly solar and wind, are expected to meet the rising electricity demand, with solar photovoltaic demand growing the fastest [9] - The global nuclear power capacity is projected to increase by at least one-third by 2035, indicating a potential revival of nuclear energy [9] Infrastructure Challenges - The IEA highlights that while investment in generation has surged nearly 70% since 2015, annual investment in the grid has not kept pace, raising concerns about energy security [11] - Over 85% of new data center capacity is expected to be concentrated in the US, China, and the EU, which may exacerbate existing grid burdens [11] Strategic Mineral Supply Concerns - The market for critical minerals essential for the energy transition is highly concentrated, with a single country dominating the refining of 19 out of 20 strategic minerals [12] - Approximately 7.3 billion people still lack access to electricity, with significant disparities in coverage, particularly in rural and underdeveloped areas [12]

当地时间11月18日，"碳中和与能源智联：推动科技、产业、政策创新与国际合作"主题边会在《联合国 气候变化框架公约》第三十次缔约方大会（COP30）中国角成功举行。边会由清华大学碳中和研究院、 中国21世纪议程管理中心、中国华能集团有限公司、明阳智慧能源集团股份公司联合主办。 联合国环境署气候技术中心和网络主任Ariesta Ningrum在致辞中表示，"碳中和与能源智联"（CNEST） 多边合作项目为推动基于科学、注重实践的创新提供了宝贵平台，助力将知识转化为切实解决方案，认 为此类倡议促使政府、科研机构、企业及社会各界共同开发解决方案，推进可规模化创新的落地实施， 加速系统性变革进程。 中国科学院院士、清华大学能动系教授、"碳中和与能源智联"多边合作项目负责人姜培学认为，构建新 一代能源系统是实现碳中和与可持续发展的关键。"碳中和与能源智联"（CNEST）多边合作项目基于 全球碳通量网的评估，充分运用人工智能分析碳源汇，融合先进计算技术与能源网络，致力于探索新一 代能源系统的最优模式。他强调，CNEST项目是一个开放的合作平台，汇聚政府、学界、产业及国际 组织力量，通过多种方式共同推动全球能源系统转型。他 ...

Core Viewpoint - The company expects a significant decrease in profit for the upcoming six months ending September 30, 2025, compared to the previous period, primarily due to the impact of market reforms in renewable energy pricing [1] Financial Performance - The company anticipates a profit attributable to shareholders of between HKD 16 million and HKD 19 million for the six months ending September 30, 2025 [1] - For the six months ending September 30, 2024, the profit attributable to shareholders was reported at HKD 55.061 million [1] Market Impact - The decline in revenue and gross profit from the renewable energy business is attributed to the reforms in the pricing mechanism for new energy [1]

Core Points - The COP30 conference in Brazil highlights China's commitment to green and low-carbon development, showcasing various sustainable products and technologies [1][2] - China has submitted its 2035 Nationally Determined Contribution (NDC) targets, which include ambitious goals for reducing greenhouse gas emissions and expanding renewable energy capacity [1][2] - International representatives emphasize the importance of China's role in global climate governance and the need for collaboration with China to achieve climate goals [2][6] Group 1: China's Contributions to Climate Action - China has introduced a historic NDC that includes absolute reduction targets for greenhouse gas emissions across all economic sectors [1][2] - The country aims to increase its wind and solar power capacity to over six times the 2020 levels by 2035, targeting 3.6 billion kilowatts [1] - China's carbon market is developing steadily, with both mandatory and voluntary markets, providing valuable lessons for other nations [3] Group 2: International Cooperation and Support - China is actively involved in South-South cooperation, launching flagship projects like the "Clean Stove" initiative to assist developing countries in reducing carbon emissions [4][5] - The country provides technological support and renewable energy solutions to nations like Brazil and Antigua and Barbuda, enhancing local economies and promoting sustainable practices [5][6] - Various international leaders stress the necessity of multilateralism and collaboration with China to effectively address climate change challenges [6][7] Group 3: Technological Innovation and Economic Impact - China's technological innovations have significantly lowered the costs of clean energy technologies, facilitating the energy transition [2] - The promotion of distributed solar products in developing countries is creating economic opportunities and improving living standards [5] - China's commitment to green infrastructure and climate resilience is recognized as a vital contribution to global efforts against climate change [7]

益 美 國 際 控 股 有 限 公 司 （於開曼群島註冊成立的有限公司） （股份代號：1870） 自願性公告 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 Acme International Holdings Limited 有關發展漁光互補光伏電站項目的共同開發協議 本公告乃由益美國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願刊發，以讓本公司股東（「股東」）及潛在投資者了解本集團的最新業務發展。 共同開發協議 本公司董事（「董事」）會（「董事會」）欣然宣佈，於2025年11月18日，本公司全資附 屬公司翠御發展有限公司（「翠御發展」）與Gainza Energy Corporation（「GEC」）訂 立共同開發協議（「共同開發協議」）。根據共同開發協議，翠御發展及GEC擬成立 一間合營企業公司或特殊目的實體（「項目公司」），以於菲律賓南甘馬粦省布希 區(Buhi, Camarines Sur of the Philippin ...

新浪财经ESG评级中心提供包括资讯、报告、培训、咨询等在内的14项ESG服务，助力上市 公司传播ESG理念，提升ESG可持续发展表现。点击查看【 ESG评级中心服务手册】 《联合国气候变化框架公约》（UNFCCC）缔约方第30次大会（COP30）目前在巴西北部城市贝伦召 开。会议期间，新浪财经与国际可再生能源署（IRENA）总干事弗朗西斯科·拉·卡梅拉（Francesco La Camera）进行了对话。 卡梅拉认为，国际可再生能源署10月发布的最新报告揭示了一个明确趋势：2024年全球新增可再生能源 装机容量达创纪录的582吉瓦，这意味着去年新增电力装机中有92%来自可再生能源。在他看来，我们 正加速迈向以可再生能源为主导的新型能源体系，这一体系将由绿色氢能和可持续生物质能作为重要补 充。这一进程已不可逆转，因为可再生能源的竞争力日益突出，已成为目前全球最具成本效益的电力生 产方式。 谈及中国的贡献，卡梅拉指出数据已经非常清楚——中国发挥了关键作用，主要体现在两个方面：一方 面，中国提供了低成本的太阳能电池板和风机叶片等技术，这加速了其他国家的能源转型；另一方面， 中国国内在可再生能源使用和投资方面的增长速 ...

Core Insights - The National Energy Administration released the "2024 National Renewable Energy Power Development Monitoring and Evaluation Results," indicating a strong overall completion of renewable energy consumption responsibility across provinces [1][2] Group 1: Renewable Energy Capacity and Generation - As of the end of 2024, the cumulative installed capacity of renewable energy in the country reached 1.889 billion kilowatts, representing a year-on-year increase of approximately 24.4%, accounting for 56.4% of total power installed capacity [1] - In 2024, the newly added installed capacity of renewable energy was 375 million kilowatts, including 13.79 million kilowatts from hydropower, 81.37 million kilowatts from on-grid wind power, 278 million kilowatts from on-grid solar power, and 2.31 million kilowatts from biomass power [1] - The total renewable energy generation reached 3.47 trillion kilowatt-hours, which accounted for 35% of the total power generation [1] Group 2: Utilization Rates - The average utilization rate for wind power in 2024 was 95.9%, a decrease of 1.4 percentage points year-on-year [1] - The utilization rate for photovoltaic power was 96.8%, down by 1.1 percentage points year-on-year [1] - The utilization rate for hydropower in major river basins was approximately 99.0%, a decline of 0.4 percentage points year-on-year [1] Group 3: High Voltage Direct Current (HVDC) Transmission - The 20 HVDC lines delivered an annual transmission volume of 705.3 billion kilowatt-hours, with renewable energy accounting for 400.8 billion kilowatt-hours, an increase of 22.2% year-on-year [1] - Renewable energy accounted for 56.8% of the total transmission volume of all HVDC lines, an increase of 4.3 percentage points year-on-year [1] Group 4: Clean Energy Demonstration Provinces - The monitoring results also reported on the implementation status of five national clean energy demonstration provinces (regions), where the share of renewable energy consumption in total electricity consumption increased in Zhejiang, Ningxia, Gansu, and Qinghai [2]

Core Viewpoint - The Huangshuitang Village in Xichang City, Liangshan Prefecture, has been selected as one of China's nine zero-carbon village demonstration projects by the UNDP GEF-7, focusing on renewable energy development and ecological construction [1][2]. Group 1: Zero-Carbon Project Development - The village aims to achieve 100% renewable energy supply for households and public buildings, resulting in an annual carbon reduction of 8,132.5 tons and a negative carbon emission of 42.7 tons per year through green electricity export [1]. - Key projects include the construction of a zero-carbon water plant and a biomass processing plant, which are expected to further reduce carbon emissions by 800 tons annually and generate an additional income of 2.865 million yuan, creating over 100 jobs [1]. Group 2: Financial Support and Credit Systems - The People's Bank of China Liangshan Branch has guided local financial institutions to enhance rural credit systems, achieving a credit coverage rate of 84.9% with a total credit limit of 220 million yuan and a usage rate of 85.4% [2]. - A total of 130 loans amounting to 22.93 million yuan have been issued for rural housing and energy-efficient renovations, addressing the financial needs for housing improvement [2]. Group 3: Diverse Funding Mechanisms - The People's Bank of China Liangshan Branch has mobilized a total of 15.53 million yuan from various sources, including a 280,000 USD grant from the Global Environment Facility, to support the zero-carbon project [3].

Core Insights - The trade volume between six Gulf countries (UAE, Saudi Arabia, Qatar, Kuwait, Oman, and Bahrain) and China is projected to reach $257 billion in 2024, surpassing the combined trade with the US, UK, and Eurozone, which is estimated at $256 billion. By 2028, this trade volume is expected to grow to $375 billion [4][5][6]. Group 1: Trade and Economic Cooperation - The cooperation between China and Gulf countries has expanded from a focus on energy to include technology, infrastructure, green energy, and aerospace [5][6]. - The implementation of visa-free policies for Gulf countries has facilitated increased personnel exchanges and multi-sector cooperation [5][6]. - The trade volume between China and Gulf countries continues to grow, becoming a significant pillar of cooperation [6][7]. Group 2: Areas of Collaboration - Energy cooperation has shown significant results, with advancements in clean energy technologies such as hydrogen, storage, wind, and solar power [6][7]. - Investment cooperation is on the rise, with Gulf countries increasing their investments in China, showcasing the resilience and potential of their partnership [6][7]. - Innovation cooperation is leading the way in emerging fields like artificial intelligence, 5G, and big data, establishing benchmark cases for multi-sector collaboration [6][7]. Group 3: Strategic Initiatives - All six Gulf countries have signed cooperation documents for the Belt and Road Initiative, with numerous projects underway, such as the Mohammed bin Rashid Al Maktoum Solar Park in the UAE, which has created nearly 50,000 jobs [8][9]. - The mutual benefits of the Belt and Road Initiative are highlighted by the complementary strengths of Gulf countries and China, aiming for economic development and strategic alignment [9][10]. - The cooperation framework has evolved to include multi-level mechanisms such as summits and ministerial meetings, enhancing stability and efficiency in collaboration [7][10]. Group 4: Cultural and Human Exchange - Cultural exchanges are deepening, with initiatives like the establishment of Confucius Institutes in Saudi Arabia and cultural centers in Kuwait, fostering mutual understanding [6][7]. - The cooperation between China and Gulf countries serves as a model for collaboration among countries with different political systems, providing valuable experience for global South cooperation [12][13].