"宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 重要会议： 2025势银（银川）长时储能产业大会（7月2日-3日，宁夏·银川） 点此报名 添加文末微信，加 绿氢 群 6月11日，全球光伏与氢能盛会SNEC2025如约而至。阳光氢能携数智化柔性制氢全矩阵产品与一站 式解决方案重磅亮相, 为全球能源转型提供强劲"氢"动力。 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 重要会议： 2025势银绿氢产业大会（7月16-17日，江苏·无锡） 点此报名 数智引擎，构建柔性制氢闭环生态 展台中央，2000Nm³/h数智化电解槽与PWM制氢电源组成"黄金搭档"，配合Hybrain智慧氢能管理系 统，构建起在深度数智化基础上的柔性制氢系统闭环生态。其亮点不只于单一设备的性能参数，而在 于系统级智能协同带来的革命性价值。制氢装备从"功能机"进化为"智能机"，实现从设备监控、能效 优化到安全防护的全生命周期智能管理，为大规模、波动性可再生能源制氢提供了坚实可靠且经济高 效的"数智引擎"。 "工厂即产品"，重塑海外交付范式 展会现场，由阳光氢能与惠生工 ...

Group 1 - The recent surge in oil prices is driven by geopolitical tensions, particularly Iran's threats regarding military actions against U.S. bases, pushing WTI crude oil to $69 and Brent crude to $70 [1][4] - Iran controls the Strait of Hormuz, a critical passage for global oil transport, with 17 million barrels passing through daily; any escalation could reduce global oil supply by 10% [4] - Ongoing geopolitical risks, including the Russia-Ukraine conflict and new U.S. sanctions on Iran, have heightened market concerns about oil supply disruptions [4][5] Group 2 - Despite short-term price increases due to geopolitical tensions, the long-term outlook for the global oil market indicates a potential oversupply, with the IEA predicting a surplus of 950,000 barrels per day by 2025 [5] - Major financial institutions, including Goldman Sachs and JPMorgan, anticipate that oil prices may decline to the $50-$65 range in the medium to long term due to oversupply pressures [5] - Investors are advised to focus on two sectors: oil and gas exploration companies, which may benefit from high prices, and hydrogen energy equipment manufacturers, as rising oil prices strengthen the case for renewable energy alternatives [5][6]

Core Insights - The SNEC PV+ 2025 International Photovoltaic and Energy Storage Conference in Shanghai showcased over 3,600 companies from 95 countries, highlighting its significance in the global photovoltaic industry [1] - The company presented its "Zero Carbon Smart Symbiosis" concept, emphasizing a comprehensive solution for zero-carbon parks that integrates manufacturing capabilities in photovoltaic, hydrogen, energy storage, and electricity utilization [1][2] - The development of zero-carbon parks is positioned as a key pathway for industrial carbon neutrality, with the potential for large-scale promotion and becoming a core competitive advantage for enterprises [1][4] Company Solutions - The company offers a customized "Light-Hydrogen-Storage" system for power generation, utilizing rooftop photovoltaic power for direct supply, green hydrogen production for industrial use, and large-scale liquid-cooled energy storage for grid peak regulation [1][5] - In energy efficiency, the company leverages over 40 years of experience in energy-saving technologies, employing green electricity devices and waste heat recovery to enhance energy utilization [1][5] - The company has developed a carbon management platform for real-time monitoring of energy flow and carbon emissions, enabling precise control and efficient management [1][6] Market Position and Recognition - The company has a leading position in the photovoltaic sector, with over 65% market share in polysilicon reduction furnaces and nearly 100 GW capacity in monocrystalline silicon wafers, ranking among the top three in the industry [4] - The company was recognized in the "PVBL2025 Global Photovoltaic Brand Value Top 20" and "PVBL2025 Global Photovoltaic Top 100" lists [4] - The company’s products have received multiple certifications and are sold in international markets, including South Korea, Italy, and Brazil, demonstrating strong global demand [4] Technological Innovations - The company’s centralized immersion liquid cooling system for energy storage achieves over 50% energy savings and maintains temperature control precision within ±0.2°C, enhancing battery safety and lifespan [5] - The company has established a 5 GW electrolyzer manufacturing base and developed the world's largest single hydrogen production alkaline electrolyzer, showcasing its technological advancements in green hydrogen production [5] - Continuous innovation in green electricity applications, including low-energy consumption products and waste heat recovery technologies, supports energy efficiency and carbon reduction [5] International Strategy - The company emphasizes internationalization as a strategic direction, establishing 11 global subsidiaries and offices, and serving over 100 countries in various fields including photovoltaic, hydrogen, and CO2 storage [8] - The company has formed strategic partnerships with international firms, enhancing its global presence and reputation [8] - Recognition in global ESG rankings underscores the company's commitment to sustainable development, which is increasingly becoming a standard for international business [8] Future Outlook - The company aims to optimize its zero-carbon park solutions and collaborate with global partners to build a sustainable zero-carbon ecosystem, contributing to global climate governance [9]

Market Overview - US stock market declined on Wednesday, with the S&P 500 ending a three-day rally, which may put pressure on A-shares at the opening [2] - The China Golden Dragon Index rose by 0.08%, indicating a positive performance for Chinese concept stocks [2] Technical Analysis - The Shanghai Composite Index closed at 3402.32 points, maintaining above the 3400 mark, but trading volume decreased to 1.26 trillion, down 160 billion from the previous day, suggesting weak buying interest [2] - If trading volume remains low, the index may test the 3380 point support level [2] - The ChiNext Index increased by 1.21%, but the new energy sector lagged, with Ningde Times affecting overall sentiment [2] - The brokerage sector saw a net inflow of 3.7 billion, indicating potential upward movement if major brokers like CITIC Securities and Oriental Fortune show strong early performance [2] Policy Directions - Three key policy directions identified: 1. US-China trade talks focusing on rare earth and semiconductor equipment exports, with China issuing temporary export licenses for rare earth materials to three major US automakers [3] 2. Hydrogen energy pilot projects, with the National Energy Administration outlining directions for green hydrogen production and zero-carbon parks, potentially benefiting equipment manufacturers like Hupu Co. and Xue Ren Co. [3] 3. Local special bonds issuance, with 180 billion issued in the first two weeks of June, likely stabilizing infrastructure stocks like China Communications Construction and China Railway Construction [3] Sector Rotation - Focus on whether technology and brokerage sectors can resonate positively in early trading [3] - The AI computing industry chain may see funding inflows due to the upcoming delivery of Nvidia's Blackwell chips [3] - Defensive sectors like Yangtze Power, with a dividend yield over 5%, and Hu Nong Commercial Bank, known for low valuation and high dividends, are suitable for risk-averse investments [3] Investment Strategy - Key focus on trading volume; if the first hour's trading volume exceeds 380 billion, the index may approach 3417 points; if it falls below 1.2 trillion, consider reducing positions to avoid potential pullbacks [4] - Long-term investors should consider semiconductor equipment, AI computing, and consumer electronics, which are at historical low valuations and have multiple policy catalysts [4] - Short-term traders should monitor hydrogen energy pilot projects and urban renewal themes, paying attention to the strength of leading stocks [4]

东京湾的加氢站空转着，偶尔驶入的燃料电池车像博物馆展品——这幕场景揭开了残酷现实：日本最后一个对华技术优势彻底崩塌了。2025年6月新鲜出炉 的全球氢能专利评估报告里，中国在制造、储运、安全三大核心领域全部登顶。要知道十年前日本还稳坐头把交椅，如今连专利评分都被甩开身位。更扎心 的是国际能源署数据：中国氢能年消费量3650万吨，占全球三分之一还多。这场逆转哪是什么技术竞赛？分明是产业逻辑的降维碾压！ 战略错判让日本栽了大跟头 日本押注家用燃料电池车二十年，结果全国推广量不到8000辆。加氢站建设成本高得吓人——单座5亿日元（2500万人民币），比充电站贵20倍。服务站里 平均只有2.3辆车在排队，连停车场都不如！反观中国直接跳过花架子，把氢能砸进重卡和炼钢炉。2024年中国氢能重卡保有量1.2万辆，吃下全球76%市 场。宝武钢铁的氢基竖炉、河钢氢冶金项目贡献全国50%需求。你们想想：重卡跑货运能赚钱，钢厂用氢能降碳排放——这才是真刚需！ 日本现在连底裤都快保不住了。三菱重工退出电解槽市场，旭化成的高端技术困在高成本里商业化无门。丰田第三代燃料电池转商用？晚了！ 中国早把76%市场份额圈进自家院子。最惨的是那些 ...

Group 1 - Sichuan is actively promoting investment cooperation and project implementation through various initiatives, including investment cooperation conferences and the launch of industrial investment funds [1] - Deyang held an investment cooperation conference that attracted over 50 investment institutions and announced financing needs exceeding 3 billion yuan, focusing on strategic emerging industries such as high-end equipment and biotechnology [2] - Deyang's investment needs include 600 million yuan from Bohai New Energy and over 100 million yuan from other local enterprises, highlighting the vitality of Deyang's industrial development [2] Group 2 - Guangyuan is implementing a comprehensive investment promotion strategy for the green home furnishing industry, with over 10 investment promotion activities conducted in various provinces [3] - The city has identified over 80 key enterprises for investment and is leveraging the influence of leading companies to attract upstream and downstream businesses [3] - Guangyuan aims to introduce more than 20 quality enterprises through high-standard industry conferences and professional investment agencies [4] Group 3 - Leshan has launched a 60 billion yuan industrial investment fund group, inviting global fund management companies and industry investors to collaborate [5] - The fund group consists of a 4.5 billion yuan guiding fund and additional specialized funds, covering various industrial clusters including photovoltaic and green chemicals [6] - Leshan plans to establish a collaborative funding mechanism involving local governments and social capital to enhance investment effectiveness [7]

Group 1 - Egypt is launching the largest green hydrogen plant in the Middle East, covering an area of 127 square kilometers with a total investment of $17 billion and an annual production capacity of 400,000 tons of green hydrogen [1] - The new administrative capital of Egypt will feature the first skyscraper powered by green hydrogen, a 50-story building that integrates office and residential spaces, expected to start construction in the second half of 2025 and be completed by 2030 [1] - The skyscraper will utilize a hybrid power supply model combining green hydrogen and solar energy, with integrated photovoltaic panels expected to meet about 25% of its electricity needs [1] Group 2 - The Egyptian government has implemented several policies to promote the hydrogen industry, including prioritizing green hydrogen and green ammonia production, storage, and export as part of national economic development [2] - A new green hydrogen subsidy law was passed, offering tax reductions ranging from 33% to 55% and exemptions from VAT, stamp duty, and customs duties on imported raw materials and equipment [2] - By 2030, Egypt aims to achieve a green hydrogen production capacity of 1.5 million tons, increasing to 5.8 million tons by 2040, with 3.8 million tons designated for export, contributing nearly $18 billion to the GDP and creating over 100,000 jobs [2] Group 3 - International cooperation in Egypt's hydrogen sector has flourished, with companies like Abu Dhabi Future Energy Company, Norwegian energy firms, and TotalEnergies investing in green hydrogen and ammonia projects [3] - Chinese companies are also actively participating in Egypt's hydrogen projects, including a joint venture to build a 250 MW electrolysis system expected to produce 50,000 tons of green hydrogen annually by 2029 [3] - Experts highlight that Chinese investment and technological support are providing strong momentum for Egypt's green economy development, with expectations for further practical cooperation in the hydrogen sector [3]

Group 1 - Central enterprises are intensively investing in strategic emerging industries and future industries, with a total scale of 600 billion yuan for the newly established funds by China Guoxin [2] - China Guoxin has invested in over 300 projects with a total amount exceeding 120 billion yuan, with nearly 80% allocated to strategic emerging industries [2] - The establishment of the hydrogen energy industry chain venture capital fund by Sinopec marks the largest fund focused on hydrogen energy in China, with an initial scale of 5 billion yuan [3] Group 2 - Local state-owned capital is accelerating the construction of an innovation upgrade ecosystem, with China Pacific Insurance launching a 500 billion yuan fund [4] - The Shanghai leading industry mother fund has selected 17 sub-funds with a total investment amount of 41.5 billion yuan, indicating a leverage ratio of 5.82 times [4] - Various regions are adopting models such as guiding funds and cross-regional cooperation funds to attract capital and upgrade industries [4][5] Group 3 - The introduction of a fault tolerance mechanism is aimed at activating patient capital, addressing the reluctance of some state-owned funds to invest [6][7] - Local state-owned assets in Guangdong, Shanghai, and Jiangsu are innovating systems to encourage investment, allowing for 100% loss in certain projects [7] - The transformation of state-owned funds into true long-term and patient capital is supported by the implementation of loss tolerance and differentiated assessment systems [7]

一、试点形式 试点形式分为项目试点和区域试点两种形式： 【DT新材料】 获悉，2025年6月4日，国家能源局在官网发布了《 国家能源局综合司关于组织开展能源领 域氢能试点工作 的通知 国能综通科技〔2025〕91 号 》（以下简称《通知》）。根据《通知》，国家能 源局将遴选部分项目和区域开展氢能试点工作，进一步推动创新氢能管理模式，探索氢能产业发展的多元化 路径，形成可复制可推广的经验，支撑氢能"制储输用"全链条发展。（文末可扫码阅读文件） 《通知》规划了11个试点方向，并对试点方向提出了一定的具体指标，部分试点方向的指标包括： 《通知》还以附件形式发布了《能源领域氢能试点工作规则（试行）》。 | 公开事项名称:国家能源局综合司关于组织开展能源领域氢能试点工作的通知 国能综通科技（2025）91 号 | | | --- | --- | | 索引号: 000019705/2025-00079 | 主办单位:国家能源局 | | 制发日期:2025-06-04 | | 《通知》中试点形式、试点方向和试点时间的相关信息如下。 项目试点： 依托项目试点推动氢能先进技术与关键装备推广应用，支撑开展各类标准可行性和有效性 ...

2025年是"十四五"规划的收官之年，也是"十五五"规划的谋划之年。 国家能源局能源节约和科技装备司副司长徐继林在4月例行新闻发布会上表示，国家能源局将持续推动 氢能产业政策接续发力，积极落实氢能纳入能源管理相关工作，加快推进氢能领域重大技术装备研制和 应用示范，促进"制储输用"全产业链发展，进一步完善氢能产业生态、优化产业发展环境，为"十五 五"时期氢能产业提质提速建立坚实的基础。 厦门大学中国能源政策研究院院长林伯强在接受21世纪经济报道记者采访时表示，氢能试点工作的全面 启动为行业提供了明确的政策导向，并将对氢能的未来规划与建设产生重要影响。从产业链的视角来 看，"制储输用"这四大核心领域涵盖了整个产业链的关键环节，而这些领域均面临着技术与经济方面的 挑战。 业内氢能专家向21世纪经济报道记者表示，中国氢能产业具备显著的比较优势。主要体现在两个方面： 一是成本优势突出，中国绿氢生产成本约为3—4美元/公斤，海外至少是6美元/公斤，更高可达超10美 元；二是发展动力更强，我国拥有大量可再生能源，特别是风电和光伏，当前绿电消纳面临电网接入和 市场化交易的限制，促使众多绿氢项目应运而生，作为绿电的下游出口渠道 ...