（文章来源：证券日报） 证券日报网讯 1月5日，三峰环境在互动平台回答投资者提问时表示，县域以下小型垃圾焚烧项目的实 施需结合所在地地域条件、市场需求等各种因素进行综合可行性判断，公司在市场项目的选取方面坚持 技术和环境引领，确保选择具备良好回报潜力的优质市场项目。目前来看，县域以下大部分乡村地区采 用垃圾清洁焚烧工艺的经济性仍有进一步优化的空间。公司也将持续努力研发固废处理的相关前沿技 术，紧密跟踪相关政策支持进展，不断推出县域以下固废清洁处理的新技术、新工艺和新业务模式。 ...

新京报贝壳财经：中央经济工作会议提出持续扩大内需、优化供给，做优增量、盘活存量，因地制宜发 展新质生产力，具体到军信股份会有哪些具体举措？ 官网显示，作为长期致力于生活垃圾、餐厨垃圾、市政污泥、垃圾渗滤液、飞灰等固废处理和绿色能源 业务的湖南军信环保股份有限公司（即"军信股份（301109）"，301109.SZ），是湖南环保领域的龙头 企业。 对于军信股份而言，针对中央经济工作会议提出的议题会有哪些具体举措？2026年公司又将有哪些战略 发展目标？新京报贝壳财经记者就此采访了公司董事、董事会秘书兼副总经理覃事顺。 同时，我们也将依托自身业务优势，以打造"垃圾焚烧发电（绿电中心）+蒸汽供热（供热中心）+绿电 算力服务（算力中心）"的三中心一体化业务模式为目标，构建新的业绩增长点，实现高质量发展。 新京报贝壳财经：2026年，军信股份在业绩增长、产品创新、业务线等方面有何战略发展目标？ 覃事顺：2026年，我们将继续践行"一带一路"倡议，深入实施国际化战略，继续拓展中亚、中东、东南 亚等地区的固废处理和绿色能源市场，为高质量共建"一带一路"积极贡献力量。 覃事顺：我们将聚焦主业发展、加大研发力度，通过持续的技术 ...

Group 1: Energy Market Developments - The construction of the electricity market in the Beijing-Tianjin-Hebei region is being steadily advanced, with a focus on controlling coal consumption and promoting renewable energy participation in the market. By 2027, coal consumption in the region is expected to decline, with renewable energy consumption in Beijing increasing by approximately 10 percentage points compared to 2020 [2] - The Sichuan section of the "West-to-East Gas Transmission" pipeline has been fully commissioned, enhancing the natural gas resource export channels from the Sichuan-Chongqing region. The pipeline has a designed annual gas transmission capacity of 20 billion cubic meters [3] - The Guangxi Nanning pumped storage power station has been fully commissioned, representing the first of its kind in Guangxi. The project has a total investment of approximately 8 billion yuan and a capacity of 1.2 million kilowatts, capable of converting 1 million cubic meters of water into 1.2 million kilowatt-hours of clean electricity per hour [3] Group 2: Policy and Planning Initiatives - Yunnan's 14th Five-Year Plan emphasizes the development of a new energy system, promoting the coordinated development of coal, electricity, oil, and gas, and advancing multi-energy complementarity and integrated development [4] - Shenzhen's 14th Five-Year Plan highlights the need to accelerate the construction of smart grids and microgrids, as well as infrastructure for electric vehicles, to support the transition to a green and low-carbon economy [4] Group 3: Environmental and Resource Management - China's first oil field capable of injecting over 1 million tons of CO2 annually has been established in Xinjiang, marking a significant step in carbon capture and storage technology [2] - The first waste-to-energy project in Central Asia has been launched in Bishkek, Kyrgyzstan, representing a shift from simple landfill practices to clean incineration and energy regeneration [8]

东莞"十四五"重大项目协调发力 打造河畅水清"无废之城" 中新网东莞12月29日电 (记者 许青青)"十四五"收官之际，粤港澳大湾区美丽中国先行区建设如火如 荼。 东莞市29日介绍，五年来，该市锚定减污降碳总抓手，将"推动经济社会全面绿色转型，推动生态环境 保护向更高水平迈进，建设人与自然和谐共生的现代化城市"的生态蓝图，转化为一系列重大项目，为 城市高质量发展筑牢生态屏障。 治水提质：从黑臭河涌到清水绿岸 "十四五"期间，东莞通过管网提质增效、污水处理扩容、生态场景融合等多维发力，推动黑臭水体基本 消除、近岸海域质量稳步改善。 傍晚时分，东莞虎门镇大沙河两岸逐渐热闹起来，市民在此散步休闲。而数年前，这里还是一条少人靠 近的黑臭河涌。 这一转变得益于东莞市东江下游片区水质提升及排水管网提质增效项目(一期)的持续推进。据了解，该 项目覆盖12个镇街、惠及约288万人口，治理流域面积422.3平方公里，通过新建污水管网71公里、雨污 分流管网416.4公里，整治雨污错混接134.3公里等措施，有效缓解了污水直排、管网渗漏等问题。 源头管控的同时，污水处理能力也实现扩容升级。2024年9月，虎门宁洲污水处理厂三期正 ...

圣元环保（300867）踩雷私募产品巨亏超80%一事成为A股市场热点，亏损金额约4692万元。披露该事项次日，即12月27日，厦门证监局、深交所集体出 手，其中圣元环保及相关人员遭到了厦门证监局警示；深交所则向圣元环保下发了监管函。另外，当日，圣元环保控股股东、实际控制人朱煜煊、朱恒冰父 子承诺对本次投资本金损失先行补偿。理财巨亏，这一"黑天鹅"事件发生后也让圣元环保12月29日股价迎来压力测试。 无论是前期摩尔线程不超75亿元理财，还是当下圣元环保踩雷私募，都将目前A股公司理财现状拉回大众视野。经Wind统计，截至12月28日，超950家A股 公司理财规模过亿。不过，今年来看，上市公司整体投资规模已出现下降，1156家A股上市公司年内购买理财产品金额合计近9700亿元，较去年同期减少超 2300亿元。 股价迎压力测试 理财爆雷事件，将圣元环保推至资本市场的聚光灯下，12月27日该事件仍在不断发酵，这也让公司12月29日股价迎考。 据圣元环保12月26日晚间披露公告，公司下属全资子公司厦门金陵基建筑工程有限公司（以下简称"厦门金陵基"）认购深圳深博信投投资管理有限公司（以 下简称"深博信投"）发行的"深博宏图 ...

圣元环保（300867）踩雷私募产品巨亏超80%一事成为A股市场热点，亏损金额约4692万元。披露该事项次日，即12月27日，厦门证监局、深交所集体出 手，其中圣元环保及相关人员遭到了厦门证监局警示；深交所则向圣元环保下发了监管函。另外，当日，圣元环保控股股东、实际控制人朱煜煊、朱恒冰父 子承诺对本次投资本金损失先行补偿。理财巨亏，这一"黑天鹅"事件发生后也让圣元环保12月29日股价迎来压力测试。 无论是前期摩尔线程不超75亿元理财，还是当下圣元环保踩雷私募，都将目前A股公司理财现状拉回大众视野。经Wind统计，截至12月28日，超950家A股 公司理财规模过亿。不过，今年来看，上市公司整体投资规模已出现下降，1156家A股上市公司年内购买理财产品金额合计近9700亿元，较去年同期减少超 2300亿元。 股价迎压力测试 理财爆雷事件，将圣元环保推至资本市场的聚光灯下，12月27日该事件仍在不断发酵，这也让公司12月29日股价迎考。 据圣元环保12月26日晚间披露公告，公司下属全资子公司厦门金陵基建筑工程有限公司（以下简称"厦门金陵基"）认购深圳深博信投投资管理有限公司（以 下简称"深博信投"）发行的"深博宏图 ...

Core Insights - The 2025 Solid Waste Strategic Forum opened in Beijing, highlighting the ongoing transformation and strategic transition in the solid waste industry as it approaches the "15th Five-Year Plan" [2][5] Industry Overview - The solid waste industry is undergoing profound changes, with a focus on technological independence and industrial strength, as well as the need to align with national dual carbon strategies and resource security [2][5] - The past fifteen years have been characterized by a relatively certain growth phase, while the next decade is expected to be marked by uncertainty and the need to explore new development spaces [5][6] Historical Context - The "12th" and "13th Five-Year Plans" represented a "golden decade" for the solid waste industry, driven by policies, scale expansion, and project dominance [6][7] - The "14th Five-Year Plan" marks a shift to a stock market phase, focusing on quality improvement and efficiency [6][7] Future Outlook - The next decade is seen as a critical period for global restructuring and the transition of new and old driving forces, with the "15th Five-Year Plan" serving as a bridge to achieve long-term goals [8][10] - Key strategies for the solid waste industry include leveraging technological innovation, policy transformation towards ecological value, and shifting from scale expansion to efficiency and value creation [8][10] Company Strategy - The company, Hanlan, aims to drive innovation through a dual business model of "basic business" and "pan-green business," focusing on both enhancing existing operations and exploring new green business opportunities [13] - Hanlan has been recognized for its contributions to high-quality industry development and will continue to lead initiatives in the solid waste sector [13]

每经AI快讯，有投资者在投资者互动平台提问：公司目前在发展什么业务？ *ST清研（301288.SZ）12月24日在投资者互动平台表示，2025年以来，公司在夯实原有快速生化污水 处理业务的同时，将业务拓展至固废、危废处理及资源化利用业务。具体业务情况请届时关注我们后续 披露的定期报告。 （文章来源：每日经济新闻） ...

Investment Rating - The report maintains a "Buy" rating for key companies in the environmental sector, specifically for Huicheng Environmental, Gaoneng Environment, and Hongcheng Environment [4][7]. Core Insights - The report emphasizes the dual drivers of policy and technology in promoting solid waste recycling and carbon reduction in the industrial sector. It highlights the recent State Council meeting's focus on establishing a comprehensive governance system for solid waste management, aiming for reduction, resource utilization, and harmless disposal [1][11]. - The "National Energy Conservation and Carbon Reduction Technology Equipment Recommendation Directory (2025 Edition)" aims to enhance carbon reduction effectiveness through the promotion of advanced technology across the industrial chain, directly driving down carbon emissions [12][16]. - The report suggests focusing on companies benefiting from carbon neutrality, particularly those with technological advantages and project implementation capabilities, such as Huicheng Environmental and Gaoneng Environment [1][16]. Summary by Sections Investment Outlook - The macroeconomic environment is characterized by historically low interest rates, making high-dividend assets and growth-oriented companies attractive. The report recommends focusing on companies with strong cash flow and low valuations, particularly in the resource recycling sector [2][17]. Industry News - Recent regulatory measures include the issuance of guidelines for urban construction waste management in Hunan Province and an action plan for air pollution control in Xi'an [3][31]. - The environmental sector's performance was mixed, with the sector underperforming the broader market but outperforming the ChiNext index. Notable stock movements included significant gains for Xianhe Environmental and Guozhong Water, while Zhongdong Public Utilities and Yishida saw substantial declines [20][31]. Key Companies - **Huicheng Environmental**: Focuses on hazardous waste resource utilization and has a strong project pipeline, including breakthroughs in waste plastic recycling technology [18][19]. - **Gaoneng Environment**: Aims to become a leading environmental service provider with a robust project portfolio in hazardous waste management [18]. - **Hongcheng Environment**: Demonstrates steady growth with a diversified business model covering water treatment and solid waste disposal, alongside a strong dividend payout [19]. Market Performance - The environmental sector's performance was generally weak, with a decline of 0.84% compared to the Shanghai Composite Index's slight increase of 0.03%. The solid waste sub-sector showed a positive trend with a 1.96% increase [20][31].

人民财讯12月22日电，据中科环保（301175）消息，近日，工业和信息化部、生态环境部联合公示了 《国家鼓励发展的重大环保技术装备目录(2025年版)》，公司自主研发的"垃圾焚烧多效合一烟气净化 技术装备"成功入选。该装备成功列入目录将为公司在固废处理项目的超低排放改造与新建市场中，带 来显著的政策支持优势与市场推广助力。 ...