Core Viewpoint - The "14th Five-Year Plan" of China is not only a blueprint for domestic development but also provides confidence and direction for the global economy, showcasing China's commitment to open cooperation and mutual benefit in a complex international landscape [1][3]. Group 1: Economic Development - China's Five-Year Plans have been instrumental in driving economic and social development, enhancing national strength, and improving people's livelihoods since the first plan was implemented in 1953 [3]. - The "14th Five-Year Plan" serves as a critical juncture for laying a solid foundation for achieving socialist modernization by 2035 [3]. Group 2: Strategic Goals - The core objectives of the "14th Five-Year Plan" include strengthening technological self-reliance, expanding domestic demand, and deepening open cooperation, reflecting China's proactive approach to shaping its development path in the new era [4]. - The planning mechanism, guided by long-term strategy, is key to maintaining resilience and sustainable growth in China's economy, providing a reference for global stability amid uncertainties [4]. Group 3: Technological Innovation - China is advancing its technological innovation through systematic top-level design, enhancing self-sufficiency in key areas, and transitioning from isolated breakthroughs to a coordinated innovation system [6]. - The focus on independent innovation is crucial for maintaining strategic stability and sustainable technological iteration in the face of external uncertainties [6]. Group 4: Green Development - China's green development strategy is pivotal for domestic economic transformation and contributes positively to global sustainable development, with rapid advancements in renewable energy sectors [6][7]. - The shift towards green development by a large economy like China is expected to elevate global demand for green technologies and enhance environmental standards in supply chains [7]. Group 5: International Cooperation - China's significant progress in green technology and clean energy presents new cooperation opportunities for Europe and the world, with Chinese enterprises engaging in practical collaborations with European partners [7]. - The "green as a bond" cooperation model exemplifies a more open and mutually beneficial China, providing a practical example for achieving low-carbon growth during economic transitions [7].

Economic News - China's National Energy Administration issued 229 million green certificates in September, involving 306,500 renewable energy projects, with 158 million being tradable, accounting for 68.86% [4] - The price of storage chips has accelerated in the fourth quarter due to a shift in production capacity towards high-end chips for AI and data centers, leading to a significant reduction in traditional storage chip supply [6] - The global smartphone market is expected to reach a shipment volume of 320.1 million units in Q3 2025, reflecting a 3% year-on-year growth, indicating signs of recovery after a weak first half [7] Company Insights - Sinopec Easy Joy and Taobao Flash Purchase announced a strategic partnership, with plans to have over 5,000 stores on the Taobao platform by the end of the year [5] - Pop Mart opened its first store in the Middle East at Hamad International Airport in Qatar, marking its first 24/7 operational store globally [5] - Youyan New Materials reported Q3 revenue of 2.674 billion yuan, a year-on-year increase of 20.43%, and a net profit of 115 million yuan, up 56.31% [5] - Tianli Lithium Energy's Q3 revenue was 569 million yuan, a 33.25% year-on-year increase, but it reported a net loss of 28.85 million yuan, an increase of 67.68% in losses [5] - China Telecom showcased its "Beidou Voice Message" service, becoming the first operator to implement this technology [5] Industry Analysis - The food and beverage industry is expected to benefit from the expansion of overall consumption, with new retail channels like instant retail and membership supermarkets emerging as significant opportunities [8][9] - The non-ferrous metals industry is poised for improvement in profitability and valuation levels due to a favorable supply-demand structure, driven by high-quality green development paths [11] - The production of ten non-ferrous metals in China is projected to grow at an annual rate of approximately 1.5% from 2025 to 2026, indicating a shift towards stable, high-quality growth [13] - The demand for metals is expected to expand significantly due to the growth of new energy industries and structural changes in demand, particularly for copper, lithium, and other metals [15][16]

Core Viewpoint - The article discusses the journey of Nobel laureate Steven Chu from a scientist to the U.S. Secretary of Energy, highlighting his contributions to energy transition and his insights on global climate change challenges [1][5]. Group 1: Background and Achievements - Steven Chu became the 12th U.S. Secretary of Energy in 2009 and was the first Asian American cabinet member in U.S. history [3]. - He faced initial challenges in Washington, needing to adapt to a political environment that often diverged from scientific principles [5]. Group 2: Initiatives and Impact - Chu established the Advanced Research Projects Agency-Energy (ARPA-E), emphasizing that "not taking risks is not true success," and funded high-risk, high-reward energy technology research to tackle urgent national energy challenges [6]. - He promoted large-scale renewable energy projects, demonstrating that costly green technologies could be completed "on time and on budget," which garnered trust from major investors like Warren Buffett [6]. Group 3: Global Energy Transition Insights - Chu envisions a leapfrogging energy transition for developing countries, akin to moving directly from no phones to mobile technology, advocating for a combination of solar energy and batteries to bypass traditional grid systems [8]. - He predicts that within ten years, the costs of solar and storage technologies will decline to a level where they can meet demand without relying on the grid, reflecting his deep understanding of technological trends and human innovation capabilities [8]. Group 4: Observations on China's Green Technology - Chu notes that China is investing in foundational research similarly to what the U.S. did in the past, with Chinese companies eager to prove themselves and invest in the future while leveraging economies of scale to reduce costs [10]. - He provides a scientific analysis of China's advancements in green technology, including solar photovoltaics, electric vehicles, battery technology, and wind power, while also highlighting the strategic implications of these developments [10]. Group 5: Legacy and Future Aspirations - When asked about his message for future generations, Chu expressed a desire for his generation to create a better and safer world for the next, emphasizing the importance of addressing climate change and energy transition [13].

（於開曼群島註冊成立的有限公司） （股份代號：1870） 自願性公告 Acme International Holdings Limited 益 美 國 際 控 股 有 限 公 司 香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責， 對其準確性或完整性亦不發表任何聲明，並明確表示概不就因本公告全部或任何 部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 有關就數碼樞紐投資太陽能發電系統的協議備忘錄 本公告乃由益美國際控股有限公司（「本公司」，連同其附屬公司統稱「本集團」） 自願刊發，以讓本公司股東（「股東」）及潛在投資者了解本集團的最新業務發展。 茲提述本公司日期為2024年10月10日的公告（「該公告」），內容有關本公司全資附 屬公司Blooming Power Limited（「BPL」）與DCH Investment and Construction JSC（現 稱DCH Technology Group Joint Stock Company，「DCH」）訂立的合作諒解備忘錄， 據此，BPL與DCH同意於越南就該數碼樞紐投資、開發及營運可再生能源項目建立 合作架構。除 ...

Core Insights - Chinese companies are significantly contributing to the green transition in Southeast Asia, particularly in Vietnam, through renewable energy projects like offshore wind farms and waste-to-energy plants [1][2][3] Group 1: Offshore Wind Energy Projects - The Binh Dai offshore wind project in Vietnam, constructed by China Power Construction Group, is the first total contracting offshore wind project by a Chinese company overseas, with a capacity of 141 megawatts [1] - The project saves 38,600 tons of standard coal and reduces carbon dioxide emissions by 26,200 tons annually [1] - The project has faced challenges due to variable coastal weather but has achieved technical innovations through self-research and international cooperation [1] Group 2: Local Capacity Building - The project has trained numerous local technicians and management personnel, enhancing Vietnam's sustainable development capabilities in wind energy [1][2] - Local engineers have gained valuable experience in renewable energy technologies, laying a foundation for future developments in wind and solar projects [2] Group 3: Broader Renewable Energy Initiatives - Vietnam has prioritized the development of renewable energy sources, including wind, solar, and green hydrogen, aiming for 45% of total electricity generation from renewables by 2030 [2] - Chinese enterprises are actively involved in various renewable energy projects across the Asia-Pacific region, contributing to the construction of a green energy system [3] Group 4: Waste-to-Energy Projects - In Malaysia, Shanghai Electric is constructing a renewable energy plant capable of processing 2,900 tons of waste daily, which is the largest of its kind in the country [3] - The waste-to-energy plant will generate approximately 400 million kilowatt-hours of electricity annually, equivalent to saving 140,000 tons of standard coal [3] - The project aims to serve as a platform for community environmental education and promote green energy across ASEAN countries [3] Group 5: Cross-Border Clean Energy Initiatives - In Laos, China General Nuclear Power Group is developing a clean energy base with a planned capacity of 10 million kilowatts, integrating wind, solar, and hydropower [4] - The first phase includes a 1,000-megawatt solar project set to commence by the end of 2024, facilitating cross-border clean energy transactions with China [3][4] - The project emphasizes ecological protection and local employment, training local professionals in renewable energy technologies [4]

Core Insights - Scatec has shown significant progress in its strategy, reinforcing its position as a leading renewable energy provider in high-growth markets, with proportionate revenues increasing by 22% to NOK 2,953 million [1] - The company reported a decrease in EBITDA to NOK 1,063 million, impacted by previous year's divestment gains and catch-up payments [1] Financial Performance - Power production revenues decreased to NOK 1,178 million from NOK 1,772 million, with EBITDA also declining to NOK 955 million from NOK 1,540 million, primarily due to a divestment recognition in South Africa and a catch-up payment in the Philippines [2] - The Development & Construction (D&C) segment saw revenues rise to NOK 1,760 million from NOK 631 million, maintaining a gross margin of 11.4% [3] - Consolidated revenues and other income for the third quarter were NOK 1,080 million, down from NOK 2,967 million, with EBITDA at NOK 785 million compared to NOK 2,659 million, and a net profit of NOK 5 million versus NOK 1,646 million from the previous year [7] Strategic Developments - The company added two Battery Energy Storage System (BESS) projects of 80 MW / 80 MWh in the Philippines, increasing its backlog to an all-time high of 3,392 MW [5] - Scatec repaid NOK 943 million in corporate debt during the quarter, reducing gross corporate debt by approximately 27% to NOK 6.7 billion [6] - The company is refining its strategic roadmap towards 2030, with increased targets for growth, deleveraging, and capital discipline [8] Future Outlook - Full year 2025 proportionate power production is estimated at 4.1 - 4.2 TWh, with an increased EBITDA estimate of NOK 4.35 billion [9] - The company aims to reduce corporate interest-bearing debt to NOK 4 billion and realize at least NOK 3.4 billion from asset divestments [9] - Focus areas include Solar PV and BESS, with plans to build a wind portfolio over time while concentrating on attractive growth markets [9]

Core Viewpoint - The meeting between China's National Energy Administration and Angola's Ministry of Energy and Water highlights the strong potential for cooperation in renewable energy between the two countries, with a focus on project development and cost reduction in energy projects [1][3]. Group 1: Meeting Highlights - China's National Energy Administration welcomes Angola's participation in the global clean energy partnership and encourages active involvement in related activities [3]. - Both countries have strong complementarities in renewable energy, providing a solid foundation for collaboration [3]. - Angola has abundant renewable energy resources and invites Chinese enterprises to continue participating in project development and construction [3]. Group 2: Future Cooperation - China expresses willingness to closely collaborate with Angola to elevate their renewable energy cooperation to new heights [3]. - Angola invites Chinese companies to establish power equipment manufacturing plants locally to help reduce energy project costs [3].

Group 1 - The core viewpoint emphasizes the strengthening of energy cooperation between China and Myanmar, particularly in electricity and renewable energy sectors [1][3] - Both countries have seen positive impacts from collaborative projects on local electricity usage, indicating successful outcomes from their partnership [3] - China expresses willingness to enhance communication and deepen practical cooperation to benefit the peoples of both nations [3] Group 2 - Myanmar places high importance on its energy exchanges with China and aims to steadily advance cooperation in electricity and renewable energy [3] - Key officials from China's National Energy Administration, including the Chief Economist and heads of various departments, participated in the meeting, highlighting the significance of this collaboration [3]

Group 1 - The meeting between China's National Energy Administration and Namibia's Ministry of Industrialization, Trade and SME Development focused on deepening energy cooperation between the two countries [1][3] - Both parties expressed a commitment to enhance collaboration in the civilian nuclear energy sector and to advance practical cooperation in renewable energy [3] - Namibia is interested in Chinese companies participating in the exploration and development of oil and gas blocks [3]

Core Viewpoint - The foundation ceremony for a year-round power supply solar-storage project, involving China Electric Power Construction (China Electric), was held in Abu Dhabi, UAE, marking a significant step towards energy transformation in the region [1]. Group 1: Project Overview - The project is jointly developed by Abu Dhabi Future Energy Company and the UAE Water and Electricity Company [1]. - It features a solar power station with an installed capacity of 5.2 gigawatts and a battery system with a total storage capacity of 19 gigawatt-hours, making it one of the largest projects of its kind globally [1]. - The project is expected to be operational by 2027 [1]. Group 2: Strategic Importance - The project aims to address the intermittency challenges of renewable energy, providing stable and sustainable clean power for the era of artificial intelligence and emerging technologies [1]. - The initiative is expected to promote the local digital industry and energy transformation [1]. Group 3: Company Commitment - China Electric's management expressed a commitment to continue developing global clean energy cooperation projects [1].