2024年开始，为了彻底解决全区供热领域的堵点、难点、焦点问题，本着"因地制宜、因城施策、冬病 夏治、标本兼治、群众满意"的原则，内蒙古全面实施城镇供热"温暖工程"。 中新网内蒙古新闻6月10日电 （记者 张玮 李爱平）10日，超低排放热源建设项目在内蒙古鄂尔多斯市 举行开工仪式。项目建成后可满足2000多万平方米的集中供热负荷，能够有效解决东胜区城市拓展端未 来10年的供热需求。 图为开工仪式现场。 鄂尔多斯市大兴热电有限责任公司总经理王海峰介绍，大兴热电公司供热片区内有20多万居民，随着东 胜区的城市拓展，供热需求不断增加，新区范围内热源保障能力不足。"项目建成后可满足2000多万平 方米的集中供热负荷，能有效解决东胜区城市拓展端未来10年的供热需求。" "同时，该项目采用城市中水循环利用与低热值煤高效燃烧技术，同步集成先进的脱硫、脱硝及除尘设 施，能实现超低排放，有助于改善地区的空气质量。"王海峰说。 数据统计显示，2025年，内蒙古单位地区生产总值能源消耗较2020年下降15%，能源消费总量得到合理 控制，化学需氧量、氨氮、氮氧化物、挥发性有机物排放总量较2020年分别下降8%、8%、10%、10% ...

Summary of AAON (AAON) 2025 Investor Day Company Overview - **Company**: AAON - **Industry**: HVAC (Heating, Ventilation, and Air Conditioning) - **Event**: 2025 Investor Day held on June 10, 2025 Key Points and Arguments Company Growth and Strategy - AAON has evolved significantly since its founding in 1988, growing from 160,000 square feet of manufacturing space to 4,000,000 square feet across five locations [12][14] - The company reported $1.2 billion in revenue last year, with a backlog of $1 billion at the end of Q1 [16] - AAON operates under two brands: Aon and Basics, each with distinct market focuses but sharing a common innovation mindset [15][27] Innovation and Market Position - Innovation is central to AAON's strategy, with a focus on redefining HVAC solutions rather than merely following industry trends [6][21] - The company aims to provide semi-custom and custom solutions, positioning itself as a solutions provider rather than just a product manufacturer [10][11] - AAON's engineering team is noted for its capability to anticipate and define industry trends, supported by advanced testing facilities [22] Market Segmentation and Brand Strategy - The Aon brand focuses on non-residential commercial HVAC markets, while the Basics brand targets data centers and mission-critical applications [27] - Revenue breakdown shows approximately 75% from the Aon brand and 25% from the Basics brand, with expectations for a more balanced split in the future [28] - The Basics brand is expected to grow significantly due to increasing demand in the data center space, driven by cloud computing and AI [32][34] Financial Performance and Projections - AAON anticipates mid-single-digit growth for the Aon brand and 40% growth for the Basics brand over the next three years, with a target of 12.5% overall organic growth [70] - The company has reset its margin expectations, aiming for a floor of 30% and achieving 33% in 2024 [69][71] - The refrigerant transition has caused temporary disruptions, but AAON is positioned to capitalize on market opportunities as these challenges subside [49][50] Operational Efficiency - AAON emphasizes operational improvements and investments in efficiency to enhance its margin profile [17][59] - The company has added approximately 1,000,000 square feet of capacity in recent years, equating to the combined capacity of its top three peers [64] - Strategic investments are being made to support both brands and ensure the manufacturing footprint can meet future demand [61][66] Industry Trends and Challenges - The HVAC industry is facing challenges such as decarbonization and regulatory changes, which AAON is addressing through innovative product offerings [39][40] - The company is well-positioned to benefit from secular trends in the HVAC market, including the shift towards heat pumps and energy-efficient solutions [42][43] Additional Important Content - AAON's culture emphasizes collaboration and innovation, with a focus on understanding customer needs and providing tailored solutions [80][82] - The company has a strong sales force and is committed to maintaining its competitive edge through continuous product development [84] - AAON's leadership team has a long history with the company, fostering a strong sense of commitment and family within the organization [86]

Investor Day June 10, 2025 Forward-looking statements and other references Certain statements and information set forth in this presentation contains "forward-looking statements" and "forward-looking information" within the meaning of the Private Securities Litigation Reform Act of 1995. Except for statements of historical fact, certain information contained herein constitutes forward-looking statements which include management's assessment of future plans and operations and are based on current internal ex ...

清洁能源稳健，广告增长但毛利收缩。分行业看，2024 年，清洁能源业务营业收入28.08 亿元，占比 80%，同比增长0.88%，主要得益于供暖及蒸汽业务的稳步增长，供暖及蒸汽业务收入22.75 亿元，同比 增长4.05%；清洁能源业务毛利率为33.54%，较上年增加0.26 个pct。广告发布业务营业收入6.7 亿元， 占比19.1%，同比增长12.26%，主要受益于控股子公司兆讯传媒在高铁数字传媒领域的持续拓展：截至 2024 年底，兆讯传媒签约的铁路客运站529 个，开通运营铁路客运站495 个，其中98.4%以上属于高铁 站（含动车），运营4957 块数字媒体屏幕。由于2024 年兆讯传媒广告媒体资源成本增加，广告发布业 务毛利率较上年同期下降8.27 个pct 至33.68%。 燃煤成本进一步下行，2025 年一季度利润回暖。2025Q1，公司实现营业收入16.98 亿元，同比下降 1.06%；实现归母净利润6.18 亿元，同比增长9.56%，主要原因可能为燃煤成本持续下行，山西5500K 动力煤平仓价已从年初（25.1.2）765 元/吨的价格下降至611 元/吨（25.6.4）。 事件：公司发布 ...

根据市场公开信息及6月9日披露的机构调研信息，知名私募凯丰投资近期对1家上市公司进行了调研， 相关名单如下： 机构简介： 深圳市凯丰投资管理有限公司，是一家投资于全球大宗商品、债券、权益类资产及其衍生品的宏观对冲 基金管理公司。凯丰投资是中国基金业协会会员、中国期货业协会会员，具有中国证券基金业协会批准 的私募基金管理人资格。公司管理的多只阳光化基金产品的业绩与规模均居于国内同类产品前列，并荣 获"2014年度金牛私募管理公司（宏观期货策略）"、"第一届央证管理期货奖"、"2015年度金牛私募管 理公司（宏观期货策略）"等奖项。凯丰投资秉承"细节暗藏产业密码，研究发现价值内核"的投资理 念，着力打造了一支50余人的高水平投研团队，专注于宏观和产业基本面研究。目前，产业研究已经覆 盖了国内外期货市场主要交易品种，通过深入产业链调研、挖掘产业细节，并辅以量化手段，协助公司 交易决策。2016年，凯丰投资将进一步加强与实体企业的交流合作，以专业的资产管理能力和深厚的产 业研究实力，为其提供包括产业咨询、合作套保、产业基金等服务在内的产业链综合解决方案。让金融 助力中国企业，圆中国金融强国梦！ 以上内容为证券之星据公 ...

智通财经6月9日电，津投城开发布重大资产重组报告书草案，公司拟以持有的截至评估基准日全部资产 及负债与天津燃气集团持有的港益供热100%股权的等值部分进行置换；公司拟以发行股份及支付现金 的方式向交易对方购买资产，向天津燃气集团支付现金1.94亿元购买上述重大资产置换的差额部分；向 津能投资支付现金3.06亿元购买其持有津能股份100%股份等值部分；向津能投资发行股份购买津能股 份100%股份除现金支付部分；向天津燃气集团发行股份购买天津热力100%股权。公司拟向不超过35名 特定投资者发行股份募集配套资金。置入资产交易对价为58.62亿元，置出资产交易对价为1.98亿元。本 次交易完成后，上市公司主营业务将由房地产开发经营业务变更为城市集中供热业务。 津投城开：拟置入津能股份100%股份、天津热力100%股权和港益供热100%股权 主营业务将变更为城 市集中供热业务 ...

Group 1 - The core viewpoint of the articles highlights the efforts of Shenyang City to improve heating quality through significant infrastructure upgrades and proactive measures for the upcoming winter season [1][2] - Shenyang has invested 10.2 billion yuan in a heating quality improvement project, which includes the replacement of 300 boilers and 200 kilometers of pipelines, benefiting millions of residents [1] - The "in-situ laying" technique used in the renovation of heating pipelines in the Fenghe West Garden community has reduced the construction period by 50% and minimized disruption to residents [1] Group 2 - The city has initiated a comprehensive plan for heating system upgrades, with 20% of the work on 300 repaired boilers completed and 16 kilometers of new pipelines replacing outdated ones [2] - Shenyang is preparing for the 2025-2026 heating season with a coal reserve plan, currently holding 890,000 tons of coal, which is 14.1% of the expected 6.3 million tons needed [2] - The Shenyang Housing Bureau is committed to enhancing oversight and ensuring project quality and progress through regular scheduling and inspections [2]

中新网杭州6月4日电(奚金燕)6月4日，国家市场监管总局反垄断合规讲堂首次走进浙江。国家市场监管 总局、浙江省市场监管局联合对公用事业领域经营者和行业协会开展反垄断合规辅导。中国移动通信集 团浙江有限公司、国家能源集团浙江电力有限公司等885家企业和行业代表参加辅导。 水电气热、邮政快递等公用事业是社会生产生活的重要保障，与人民群众切身利益密切相关。据悉，浙 江正在开展民生领域反垄断执法整治专项行动，重点聚焦供水、供电、燃气、供热、通信等公用事业领 域，加强反垄断监管执法，以进一步优化民营经济发展环境，保障各类经营主体公平参与市场竞争，促 进民营经济高质量发展。 近年来，浙江持续关注公用事业领域市场竞争状况，统筹推进此领域竞争监管执法，曾先后对供水、燃 气、通信等行业涉嫌垄断行为开展调查，依法查处了一批典型案件。 "公用事业领域相关经营者服务经济社会发展大局，为优化营商环境、助推高质量发展作出积极贡献， 同时，部分企业利用垄断优势向上下游竞争性环节延伸，挤压中小企业发展空间、与民争利等风险隐患 依然存在。"据浙江省市场监督管理局反垄断处相关负责人表示。 据悉，自今年4月份起，该局部署开展了2025年浙江省民生 ...

南都记者今天(4日)从浙江省市场监管局获悉，市场监管总局反垄断合规讲堂首次走进浙江。市场监管 总局、浙江省市场监管局联合对公用事业领域经营者和行业协会开展反垄断合规辅导。中国移动 （600941）通信集团浙江有限公司、国家能源集团浙江电力有限公司等885家企业和行业代表参加辅 导。 水电气热、邮政快递等公用事业关系国计民生，是经济社会运行的"生命线"。然而，"部分企业利用垄 断优势向上下游竞争性环节延伸，挤压中小企业发展空间、与民争利等风险隐患依然存在。"据浙江省 市场监督管理局反垄断处相关负责人介绍，自今年4月份起，该局部署开展了2025年浙江省民生领域反 垄断执法整治专项行动，重点聚焦供水、供电、燃气、供热、通信等公用事业领域。 上述负责人表示，专项行动坚决查处横向串通、指定交易、搭售和附加不合理交易条件等垄断违法行 为；强化源头治理，坚决制止和纠正自然垄断环节企业向上下游竞争性环节延伸，着力防止市场垄断、 管好自然垄断，保护中小企业合法权益。 采写：南都记者李玲通讯员市闻 当天会上，浙江理工大学教授王健以"公用企业反垄断合规"为题作专题授课。浙江能源天然气集团有限 公司党委副书记、总经理施纪文表示，此次 ...

| 变动的补贴政策；当燃料价格持续上涨时，燃料补贴上涨， | | --- | | 反之则随燃料价格而下降。 | | 2.公司在现有项目进行节能、增绿、降碳技术改造提升 | | 业务方面进展如何？ | | 答：公司节能、增绿、降碳技术改造主要体现在： | | 一是深度挖掘智慧供热潜力，强化供热管理能效。公司 | | 对智慧供热示范项目进行深入研究和精心优化，实现了从热 | | 源、管道、换热站到用户终端的全方位智能化管理，建立供 | | 热信息化、智能化指挥调度中心，对供热系统进行数据分析、 | | 节能诊断、优化运行、能耗定额管理、指挥调度，实现"生 | | 产系统、收费系统、客服系统"的数据互联互通，促进供热 | | 系统的精细化节能运行，最大限度挖掘节能潜力，提高供热 | | 管理效率。 | | 二是积极开展综合能源供热供冷应用研究。公司控股子 | | 公司京能未来投资建设中关村生命科学园三期综合能源项 | | 目、朱辛庄 1#综合能源利用中心项目等综合能源项目，提 | | 供供热、供冷及其他综合能源服务，有助于丰富公司的新能 | | 源技术储备，进一步强化公司核心竞争力。另外，京能热力 | | 收购新三 ...