为支持大规模设备更新和消费品以旧换新，近年来国家税务总局出台了资源回收企业向出售报废产品的 自然人"反向开票"措施。国家税务总局货物和劳务税司司长谢文介绍，通过实施"反向开票"，既拓展资 源回收企业获取发票的途径，又拓宽对报废产品出售者合规管理的范围，有效压缩不开票交易空间，有 力推动销废、收废、利废各环节规范运行，积极助力再生资源回收利用行业全产业链健康发展。 国家税务总局：今年以来"反向开票"金额近9000亿元 中新网北京12月8日电 (记者 赵建华)国家税务总局8日公布的数据显示，目前，"反向开票"的资源回收 企业达到1.48万户，今年以来"反向开票"金额近9000亿元。我国资源回收体系日益健全，废物回收、拆 解、再利用产业链循环更加畅通。 当天在北京举行的新闻发布会上，谢文表示，为落实好这项政策，税务部门认真落实自然人通过"反向 开票"销售报废产品可享受小规模纳税人月销售额10万元以下免征增值税、3%征收率减按1%计算缴纳 增值税、按照销售额0.5%预缴经营所得个人所得税等政策，同时由资源回收企业为其代办增值税及附 加税费、经营所得个人所得税的申报事项，有效减轻办税负担。 有关部门数据显示，2025年 ...

Core Viewpoint - The Yangzhou Municipal Government has released a comprehensive implementation plan aimed at accelerating economic and social development through a full green transition, aligning with national and provincial policies on green transformation [5][17]. Group 1: Overall Requirements - The plan emphasizes the importance of adhering to Xi Jinping's economic and ecological civilization thoughts, aiming for a green, low-carbon, high-quality development path, with significant progress expected in key areas by 2030 and a fully established green economy by 2035 [6][19]. Group 2: Key Tasks - The plan outlines several key tasks, including the development of green low-carbon industrial clusters, the upgrade of traditional industries, and the promotion of green low-carbon services [8][19]. - Specific targets include the establishment of 20 zero-carbon factories and a scale of the energy-saving and environmental protection industry reaching approximately 20 billion yuan by 2030 [8][19]. Group 3: Energy Transition - The plan aims to optimize clean and low-carbon energy supply, focusing on the efficient use of coal and the development of non-fossil energy sources, with a target of 10 million kilowatts of renewable energy generation capacity by 2030 [9][19]. - It also emphasizes the construction of a new power system that integrates energy sources, networks, loads, and storage [14][20]. Group 4: Infrastructure Upgrades - The plan includes initiatives for green building development, mandating that new public buildings meet specific green standards and achieve a photovoltaic coverage rate of over 50% by 2030 [9][14]. - Transportation infrastructure will also undergo a green transition, with a focus on enhancing electric vehicle charging networks and promoting the use of electric vessels [9][20]. Group 5: Resource Efficiency - The plan promotes resource conservation and efficiency, including strict water resource management and the promotion of recycling and waste reduction initiatives [11][21]. - By 2030, the plan aims for a recycling volume of approximately 4.5 million tons of major renewable resources [21]. Group 6: Technological Innovation - The plan emphasizes the importance of research and development in green technologies, including new energy vehicles and advanced photovoltaic cells, to support the green transition [10][19]. - It also aims to enhance the commercialization of green technology innovations through various collaborative projects [10][15]. Group 7: Green Consumption - The plan encourages the adoption of green consumption practices among the public, promoting energy-saving behaviors and the use of sustainable products [16][19]. - Initiatives will include campaigns for the replacement of old consumer goods with greener alternatives and the promotion of organic agricultural products [16][19]. Group 8: Policy Framework - The plan outlines the need for a robust policy framework to support green transformation, including the establishment of green standards and financial incentives for sustainable practices [18][22]. - It aims to enhance market mechanisms for resource allocation and promote participation in carbon trading markets [22].

Core Viewpoint - The company has established a circular economy business model centered on the recovery and utilization of iodine and precious metals, significantly reducing reliance on external raw materials and production costs [1] Group 1: Business Model - The circular economy model allows for the efficient recovery and reuse of iodine and precious metal waste generated during production [1] - This model effectively addresses the risks associated with fluctuations in the prices of imported raw materials [1] Group 2: Economic and Environmental Benefits - The approach not only achieves a win-win situation for economic and environmental benefits but also enhances customer trust [1] - Long-term cooperation agreements have been facilitated, further ensuring operational stability and sustainability [1] Group 3: Value Creation - The company’s circular economy model demonstrates good economic returns and social value [1]

Core Viewpoint - The company has achieved significant success in the tungsten resource recycling sector, recovering 5,000 tons of tungsten annually, which accounts for 8% of China's mining output [1] Group 1: Company Performance - The company's recycled tungsten purity reaches 99.99%, and the cost is reduced by 15% compared to traditional mining methods, providing a competitive edge in the market [1] - The company recycles and remanufactures tungsten products, supplying leading global 3C consumer electronics companies [1] Group 2: Industry Context - The company's recycled tungsten resources account for 10% of China's original tungsten mining output, highlighting its significant role in the industry [1]

Core Viewpoint - Greeenme's recycled tungsten resources account for 10% of China's original tungsten mining output, and the company supplies recycled tungsten products to leading global 3C consumer electronics companies [1] Group 1 - Greenme's recycled tungsten resources represent 10% of the original tungsten mining volume in China [1] - The company provides recycled tungsten products to major global 3C consumer electronics leaders [1]

Core Viewpoint - The company primarily sources lithium resources from recycling and has not engaged in lithium mining projects [1] Group 1: Resource Management - The company can produce over 12,000 tons per year of cobalt metal from its nickel resource project in Indonesia, including its shareholdings [1] - Annually, the company recycles approximately 10,000 tons of cobalt domestically, which effectively supplements cobalt supply during the Congolese cobalt embargo [1]

Core Viewpoint - The company primarily sources lithium resources from recycling and has not engaged in lithium mining projects [1] Group 1: Resource Management - The company can produce over 12,000 tons per year of cobalt metal from its nickel resource project in Indonesia, including its equity stakes [1] - Annually, the company recycles approximately 10,000 tons of cobalt domestically, which effectively supplements cobalt supply during the Democratic Republic of the Congo's cobalt embargo [1]

Core Viewpoint - The company Greenme announced the sale of its wholly-owned subsidiary Jiangxi Green Recycling Materials Co., Ltd. to Henan Recycling Group for a transaction price of 960 million yuan, amid rising debt concerns and ongoing financial struggles [1][2]. Financial Performance - In the first three quarters of this year, Greenme reported a revenue of 27.498 billion yuan, a year-on-year increase of 10.55%, and a net profit attributable to shareholders of 1.109 billion yuan, up 22.66% [2]. - However, after excluding non-recurring gains such as asset disposals and government subsidies, the company's net profit only grew by 8.21% to 821 million yuan [2]. Debt Situation - As of the end of the third quarter, Greenme's interest-bearing liabilities exceeded 30.1 billion yuan, significantly surpassing its cash holdings of 4.7 billion yuan [2][4]. - The company's heavy debt burden is directly related to its long-term cash flow issues, with capital expenditures consistently exceeding operating cash flow since its listing in 2010 [4][5]. Asset Disposal Strategy - To quickly recover funds, Greenme has been selling off assets, including three loss-making subsidiaries for a total of 922 million yuan, most of which were debt claims [1][2]. - The recent sale of Jiangxi Green is part of a broader strategy to address the company's substantial funding gap, although relying solely on asset sales is unlikely to resolve the underlying debt issues [5].

Core Viewpoint - China Environment Resources (01130) plans to issue up to 64.1 million shares, representing 11.59% of the enlarged issued share capital, at a price of HKD 0.468 per share, which is approximately 2.5% lower than the closing price of HKD 0.480 on November 4 [1] Fundraising Details - The estimated total proceeds from the placement, assuming all shares are fully placed, will be approximately HKD 30 million, with a net amount of about HKD 29.4 million [1] Use of Proceeds - The net proceeds from the placement will be allocated as follows: - Approximately 34.01% for loan repayment - Approximately 34.01% for the development of existing recycling and electric bicycle parts business - Approximately 17.01% for settling outstanding payables and other payables - Approximately 14.97% for general working capital, including salaries, administrative expenses, operational costs, and other company-related expenses [1]

Core Viewpoint - China Environmental Resources (01130) plans to issue up to 64.1 million placement shares, representing 11.59% of the enlarged issued share capital, at a price of HKD 0.468 per share, which is approximately 2.5% lower than the closing price of HKD 0.480 on November 4 [1] Fundraising Details - The estimated total proceeds from the placement, assuming full subscription, will be approximately HKD 30 million, with a net amount of about HKD 29.4 million [1] Use of Proceeds - The net proceeds from the placement will be allocated as follows: - Approximately 34.01% for loan repayment [1] - Approximately 34.01% for the development of existing recycling and electric bicycle parts business [1] - Approximately 17.01% for settling outstanding payables and other payables [1] - Approximately 14.97% for general working capital, including salaries, administrative expenses, operational costs, and other company-related expenses [1]