Core Insights - The "Industrial Innovation and High-Value Utilization of Coal Gangue Project Development Conference" was held in Gaoping City, focusing on the resource utilization of coal gangue and sharing technological innovations and experiences [1][2] - The project aims to transform coal gangue, a significant industrial waste, into valuable resources, aligning with China's "Two Mountains Theory" and "Dual Carbon Strategy" [1] Group 1: Project Overview - The Gaoping City coal gangue high-value utilization project is invested by Shanxi Hengtong Investment Development Group Co., Ltd. with an investment of 800 million yuan [2] - The project employs a three-tier treatment process: "desulfurization—decarbonization—graded quality" and has obtained 12 invention patents and 23 utility model patents [2] - A pilot production line for dry-mixed mortar made from coal gangue has been established, with multiple mortar products passing national testing and recognized as "recommended products for energy-saving building materials" [2] Group 2: Economic Impact - Upon full production, the project is expected to consume 2 million tons of coal gangue and other solid waste annually, generating an estimated annual output value of 2 billion yuan [2] - The innovative technological model of the Gaoping project is seen as a new pathway for high-quality and large-scale development of coal gangue utilization, providing a good demonstration for the industry [2] Group 3: Future Prospects - Participants at the conference expressed intentions to deepen innovation cooperation and strengthen shared learning to create a circular economy for coal gangue, contributing to green transformation and development [2]

Group 1 - The core viewpoint of the article emphasizes the implementation of a VAT refund policy for specific sectors, allowing for immediate refunds on VAT exceeding certain thresholds [2][5][9]. - Software products developed and sold by general VAT taxpayers can benefit from a VAT refund policy for the portion exceeding a 3% tax burden [2][4]. - Financing lease services and sale-leaseback services for tangible assets provided by approved general VAT taxpayers are also eligible for the same VAT refund policy [5][7]. Group 2 - Pipeline transportation services provided by general VAT taxpayers can receive VAT refunds for the portion exceeding a 3% tax burden [8][9]. - Aircraft maintenance services are subject to a VAT refund policy for the portion exceeding a 6% tax burden [9][11]. - New wall materials sold by taxpayers can enjoy a 50% VAT refund policy if they are included in the specified directory [15][17]. Group 3 - Wind power products sold by taxpayers are eligible for a 50% VAT refund policy [16][17]. - General VAT taxpayers selling products related to resource comprehensive utilization can benefit from a VAT refund policy, with refund rates ranging from 30% to 100% depending on the product type [17][19]. - Employment of disabled individuals by businesses can lead to a VAT refund based on the number of disabled individuals employed, with specific limits set by local government standards [19][23].

Core Viewpoint - The company,卓越新能, has received a value-added tax refund of 24.3346 million yuan, which represents 16.33% of its audited net profit for the fiscal year 2024, under a policy that allows for a 70% refund on sales of self-produced resource utilization products [1] Summary by Categories - **Tax Refund Details** - The company received a VAT refund amounting to 24.3346 million yuan for the period ending in July 2024 [1] - The refund corresponds to a 70% tax refund policy applicable to the sales of self-produced resource utilization products [1] - **Financial Impact** - The received refund constitutes 16.33% of the company's audited net profit for the fiscal year 2024 [1]

文/梧桐兄弟 近期，岷山环能高科股份公司（"岷山环能"）北交所IPO过会。岷山环能IPO申报于2023年12月获得北交所受理，2024年1月收到首轮问询，在会期间完成两轮问询 回复，并于2025年4月11日过会。 据披露，2014-2017年期间， 岷山环能承担约1.5亿元左右的担保代偿资金损失 ，一度被抽贷；后续与海航供应链合作 "没有真实背景"票据融资 ，又发生近4000万 元坏账损失。 此外，公司实际控制人曾面临总计 2,285.50万元的担保本金及对应利息的担保代偿风险 ，后续通过借款方式予以"代偿"。 10年左右期间，公司在融资事项承担约1.9亿元损失（相当于近3年净利润），公司"内控"一言难尽。实控人又承担逾2700万元代偿损失，实控人风险意识很难评 价，且以借款方式筹集资金代偿，部分借款年利率10%，个人财务状况也难算宽裕。 公司是一家集原生资源清洁生产、再生资源回收利用、高新材料制造为一体的资源生产和资源综合利用企业。报告期内主要财务数据如下： | 项目 | 2024年12月31日 | 2023年12月31日 | 2022年12月31日 | | --- | --- | --- | --- | ...

湘财证券股份有限公司（以下简称"湘财证券"、"保荐人"或"保荐人（联席 主承销商）"）担任本次发行的保荐人（联席主承销商），国泰君安证券股份有限公 司（以下简称"国泰君安"）担任本次发行的联席主承销商（湘财证券和国泰君安以 下合称"联席主承销商"）。 本次发行采用向参与战略配售的投资者定向配售（如有）（以下简称"战略配售"）、 网下向符合条件的投资者询价配售（以下简称"网下发行"）和网上向持有深圳市场 非限售A股股份和非限售存托凭证市值的社会公众投资者定价发行（以下简称"网上 发行"）相结合的方式进行。发行人和联席主承销商将通过网下初步询价直接确定发 行价格，网下不再进行累计投标。 广东飞南资源利用股份有限公司 首次公开发行股票并在创业板上市网上路演公告 保荐人（联席主承销商）：湘财证券股份有限公司 联席主承销商：国泰君安证券股份有限公司 广东飞南资源利用股份有限公司（以下简称"发行人"）首次公开发行股票并在 创业板上市（以下简称"本次发行"）的申请已经深圳证券交易所创业板上市委员会 审议通过，并已经中国证券监督管理委员会（以下简称"中国证监会"）同意注册（证 监许可[2023]1152号）。 敬请广大投资者 ...