Core Viewpoint - The international gold price fluctuations have significantly stimulated the gold recycling market, leading to increased demand and high-value transactions in recent months [3][5][6]. Group 1: Market Dynamics - In the first half of this year, the international gold price exceeded $3,000 per ounce, reaching a historical high of $3,500 per ounce in late April, with a year-to-date increase of 27% as of July 3 [3][5]. - The gold recycling market has seen a surge in transactions, with reports of multiple high-value deals, including a consumer in Wenzhou selling 8 kilograms of gold for 6.12 million yuan, yielding a net profit of approximately 3.12 million yuan [3][4]. - The competition in the gold recycling industry has intensified, with many new entrants, leading to a situation where not all businesses benefit equally from the rising demand [7][8]. Group 2: Consumer Behavior - Consumers are increasingly focusing on asset liquidity, opting to recycle gold during price increases to realize profits, while some investors are adopting a wait-and-see approach regarding long-term gold price trends [6][7]. - A notable case involved a customer in Guangzhou who recycled 3 kilograms of gold jewelry, originally purchased at around 300 yuan per gram, and made a profit of over 1.3 million yuan at a recycling price of 740 yuan per gram [5][6]. Group 3: Business Challenges - Despite the apparent boom in gold recycling, the profit margins for recycling businesses are relatively low, typically ranging from 10 to 30 yuan per gram, which can lead to modest monthly earnings after accounting for operational costs [7][8]. - The gold recycling business is highly dependent on rising gold prices; any downturn or prolonged price fluctuations can lead to a significant decrease in recycling volumes [7][8].

观察者网消息，在特朗普政府对全球发动贸易战之际，另一场"贸易战"也在悄然上演，但这一次，主角是 废弃的塑料瓶和糖果包装。 "美国向海外出口大量塑料垃圾，马来西亚拒绝接受。"据《纽约时报》、《洛杉矶时报》等美媒报道，马 来西亚自7月1日起禁止进口来自美国等国的塑料垃圾，这一禁令让垃圾出口大户美国犯了难。 报道称，自从2018年中国开始禁止洋垃圾进口以来，马来西亚已经成为美国垃圾出口的主要目的地，美国 也越来越依赖马来西亚等国处理其塑料垃圾。 追踪塑料垃圾问题的非营利组织巴塞尔行动网络（Basel Action Network）的数据显示，仅2024年，美国的 废料回收商就向马来西亚运送了超过3.5万吨塑料垃圾。 2024年，马来西亚查获100多个从洛杉矶运来的集装箱，它们被标记为"原材料"，实则装有有害废弃物。 马来西亚天然资源及环境永续部长聂纳兹米当时表示："我们不想让马来西亚成为世界的垃圾桶。" 当地时间2019年5月28日，马来西亚巴生港，工作人员向媒体展示装在集装箱里的塑料垃圾 视觉中国 根据马来西亚新修订的《海关法》，该国将不再接收来自未批准《巴塞尔公约》国家的塑料垃圾和有害废 弃物。 《巴塞尔公约》 ...

Group 1 - The wind turbine industry is facing a significant challenge with the impending retirement of over 34,000 wind turbines by 2030, leading to concerns about the recycling and disposal of these large structures [1][4] - The lack of a comprehensive regulatory framework has resulted in improper disposal practices, with some companies failing to follow environmentally sound procedures for handling retired turbine blades [2][6] - Companies like Longjin Energy have begun to innovate in the recycling of wind turbine blades, establishing production lines capable of processing 1,500 tons of retired blades annually, and are expanding their operations through joint ventures [3][4] Group 2 - The Chinese government has initiated policies to promote the recycling of retired wind and solar equipment, including the release of guidelines to establish a systematic approach to recycling [4][5] - The recycling of components such as generators and towers is feasible, with significant potential value in recovered materials like steel and copper, estimated to reach around 24 billion yuan by 2030 for 1.5 MW turbines [5] - The most challenging aspect of recycling remains the turbine blades, which are primarily made of fiberglass and resin, necessitating advanced processing techniques to avoid environmental contamination [5][6] Group 3 - The responsibility for recycling retired wind turbines primarily lies with the wind farm owners, who often outsource this task, raising concerns about the capabilities of the contracted companies [6] - The establishment of a comprehensive database to track retired turbines is deemed essential for effective management and recycling efforts within the industry [6] - There is a growing concern that an influx of companies entering the recycling market could lead to resource shortages, highlighting the need for careful industry monitoring and regulation [6]

Core Viewpoint - The article discusses an innovative method for chemically recycling mixed plastic waste into valuable chemical products, addressing the environmental challenges posed by plastic waste [2][3]. Group 1: Research Overview - The research, published in Nature, presents a strategy to convert eight common types of plastic waste into their original chemical components or other valuable compounds [3][10]. - The method focuses on identifying functional groups in mixed plastic waste to facilitate the separation and conversion of these materials into useful products [5][8]. Group 2: Methodology - The research team developed a solid-state NMR method to accurately identify the types of plastics present in the mixed waste, which is crucial for the subsequent processing steps [5][6]. - By using selective solvents, the team was able to dissolve and separate specific plastics from the mixed waste, followed by catalytic processes to convert these plastics into valuable products [6][7]. Group 3: Results and Innovations - The study successfully demonstrated the feasibility of the proposed strategy using a real-life plastic mixture, yielding various chemical substances such as benzoic acid, plasticizers, and hydrocarbons [7][8]. - The key innovation lies in the universal strategy designed to tackle the challenge of chemical recycling of mixed plastics, allowing for adjustments in chemical steps based on the initial identification of major components [8][10].

Group 1 - The "old-for-new" policy has significantly boosted household appliance sales in Xingtai, with a total of 21,300 units sold from January to May, representing a 13% year-on-year increase, and 95.2% of these sales were from the "old-for-new" program [1] - The local tax authority is leveraging big data to predict sales trends during major holidays and is providing tailored tax solutions to businesses in the appliance sector [1] - The efficient recycling of old appliances is crucial for the success of the "old-for-new" initiative, requiring both government support and active participation from companies [1] Group 2 - The volume of recycled household appliances reached 120,000 units since the May Day holiday, marking a 76% year-on-year increase, driven by the "old-for-new" consumption promotion policy [2] - The company has benefited from tax incentives, including a R&D expense deduction of 1.7491 million yuan and a reduction of 25.2487 million yuan in taxable income from resource utilization, enabling upgrades to production lines and improved energy efficiency [2] - The local tax department is focused on enhancing the recycling industry by identifying eligible companies for tax benefits and providing policy guidance through various communication channels [2]

Summary of Key Points Core Viewpoint - The company has initiated a share repurchase program to enhance shareholder value and implement an employee stock ownership plan, with a total expected repurchase amount between RMB 40 million and RMB 80 million [1][2]. Group 1: Share Repurchase Plan - The share repurchase plan was first disclosed on April 8, 2025, and will be implemented from April 8, 2025, to April 7, 2026 [1]. - The maximum repurchase price is set at RMB 41.44 per share, with a minimum expected repurchase amount of RMB 40 million [1][2]. - The company has already repurchased a total of 38,154 shares, which accounts for 0.02% of the total share capital, with a total expenditure of RMB 973,465.25 [1][2]. Group 2: Progress of Share Repurchase - Following the annual equity distribution for 2024, the maximum repurchase price was adjusted to RMB 41.38 per share [2]. - The highest transaction price during the repurchase was RMB 25.59 per share, while the lowest was RMB 25.44 per share [2]. - The company will continue to make repurchase decisions based on market conditions and will fulfill its information disclosure obligations regarding the progress of the share repurchase [2].

Group 1 - Cainiao has established a cross-border logistics network for parcel delivery among the six Gulf countries, with delivery times as fast as three days [2] - Tongcheng Travel signed a memorandum of understanding with the Ras Al Khaimah Tourism Development Authority to enhance brand promotion, optimize visitor experiences, and develop data-driven products [2] - Three major credit rating agencies—Fitch, S&P, and Moody's—maintained high credit ratings for the UAE, reflecting confidence in its economic fundamentals and fiscal policies [2] Group 2 - Dubai welcomed 8.68 million international tourists from January to May 2025, a 7% increase year-on-year, indicating strong recovery in the tourism sector [3] - The UAE is expanding cooperation with China in renewable energy and infrastructure, aiming to deepen the comprehensive strategic partnership [3] - CIMC Group is focusing on the Middle East as a key area for overseas business expansion, actively seeking strategic cooperation opportunities [4] Group 3 - The Hunan-UAE Economic and Trade Cooperation Exchange Conference was held to promote practical cooperation in trade, investment, and industry [4] - Hunan Broadcasting Group signed strategic cooperation memorandums with the Dubai Economic and Tourism Bureau and the Royal Commission for AlUla in Saudi Arabia [4] - IFZA Free Zone hosted a delegation from Shanghai Jiao Tong University, enhancing business cooperation between China and the UAE [6] Group 4 - The 12th GLA Global Logistics Conference was held in Dubai, gathering nearly 2,000 logistics professionals to discuss industry challenges and opportunities [6] - KEZAD Group signed a 50-year cooperation agreement with Witthal to establish the UAE's first lithium battery recycling plant, with a total investment of 40 million dirhams [6] - The luxury goods market in the Middle East is experiencing growth, driven by strong tourism and consumer spending, with a projected 6% increase in sales in 2024 [7] Group 5 - The UAE is expected to attract nearly 10,000 millionaires in 2025, maintaining its status as a preferred destination for wealthy individuals [7] - Qatar Investment Promotion Agency plans to visit Beijing to strengthen investment relations between China and Qatar [8] - Qatar established a $200 million stock fund to attract foreign asset management institutions, focusing on local stock market investments [8]

智通财经APP讯，齐合环保(00976)发布公告，于2025年6月27日，公司接获联交所函件，当中载列公司 股份于联交所恢复买卖的指引(复牌指引)。根据复牌指引，公司须： (a)对违规事项和与标集团公司相关的其他可能违规事项进行适当的独立法证调查，评估其对公司业务 营运及财务状况的影响、公布调查结果并采取适当的补救行动; (b)公布上市规则要求的所有尚未公布的财务业绩，并处理任何审核修订; (c)证明就集团管理层及╱或任何对公司管理及营运有重大影响力的人士的诚信、能力及╱或品格不存 在可能会给投资者带来风险并损害市场信心的合理监管忧虑; (d)进行独立的内部监控审查，并证明公司已制定充足的内部监控及程序以遵守上市规则; (e)证明公司符合上市规则第13.24条;及 (f)向市场披露所有重大资料，以便公司股东及其他投资者评估公司状况。 诚如函件所述，公司须符合所有复牌指引，就导致其暂停买卖的问题作出补救，及全面遵守上市规则以 使联交所信纳，其证券方会获批准恢复买卖。就此而言，公司对制订复牌行动计划负主要责任。联交所 亦表示，倘公司情况有变，其可修订或补充复牌指引。 集团是全球最大的金属回收上市公司之一，其现时基 ...

公众号记得加星标⭐️，第一时间看推送不会错过。 来源：内容编译自techspot。 一支澳大利亚研究团队发现了一种突破性的黄金提取方法，可以显著减少长期以来与采矿和电子垃圾 回收相关的环境和健康危害。这项由弗林德斯大学开发的创新技术，提供了一种更安全、更可持续的 替代方案，取代了汞和氰化物等有毒化学物质的使用，而这些化学物质长期以来一直主导着黄金回收 行业。 黄金因其稀有性和多功能性而备受珍视，不仅对珠宝和投资至关重要，而且在电子、医药和航空航天 领域也发挥着重要作用。然而，传统的提取方法成本高昂。通常用于从矿石中分离黄金的氰化物和汞 对生态系统和人类健康构成了重大威胁。尤其是汞，世界各地的小规模采矿者广泛使用，经常导致严 重的汞中毒和环境污染。 全球电子垃圾激增凸显了变革的紧迫性。仅在2022年，全球就产生了约6200万吨电子垃圾，其中大 部分含有黄金等贵重金属。然而，只有不到四分之一的电子垃圾得到了正规收集和回收利用，导致危 险材料堆积在垃圾填埋场或在不安全的条件下进行处理。 在贾斯汀·查尔克教授的带领下，弗林德斯大学的研究团队开发了一种提取工艺，用一种常用于水消 毒的化合物取代危险化学品。这种试剂与盐水 ...

Core Viewpoint - The annual performance report of Jin Jing New Energy for the year ending March 31, 2025, reveals significant growth, with a 92.3% increase in revenue to HKD 870 million, marking a historical high. The company's gross profit surged by 266.8% to HKD 103 million, and net loss narrowed from HKD 78.9 million to HKD 15.7 million, indicating a strong recovery towards breakeven [1][2]. Business Restructuring and Growth Drivers - The remarkable performance is attributed to a strategic transformation over three years, focusing on reverse supply chain management and environmental services, which contributed approximately HKD 696 million in revenue, a 204% increase. The green energy sector now constitutes 80% of total revenue [1][3]. - Key growth engines include vertical integration through acquisitions of local recycling firms, enhancing the battery recycling lifecycle, and horizontal collaborations, such as the strategic partnership with Guoxuan High-Tech, which aims to tap into a market worth HKD 22.8 billion for overseas retired battery disposal [4][6]. Policy Environment and Strategic Depth - Jin Jing New Energy has positioned itself advantageously within the industry, leveraging early entry into the battery recycling market. The recent government action plan emphasizes full-chain management and digital traceability, aligning with the company's existing framework [6][7]. - The anticipated surge in retired battery volumes, projected to reach 820,000 tons by 2025, presents a significant market opportunity, especially as current recovery rates remain below 25%. The company is well-placed to capture market share as the industry consolidates [7][8]. Capital Premium and Value Transformation - The capital market has responded positively to the company's growth, with a cumulative stock increase of 265.85% in 2024. As of June 27, 2025, the market capitalization reached HKD 10.96 billion, reflecting investor confidence in its business model [10][11]. - The company's unique position as the only overseas battery recycling entity in the Hong Kong market, combined with its extensive logistics network across 28 countries, creates a competitive moat. The upcoming battery processing facility in Hong Kong is expected to align with the market's growth trajectory [11][12]. Conclusion - Jin Jing New Energy's explosive growth is a result of strategic foresight and execution, establishing a robust competitive advantage in the global green circular economy. The company is transitioning from a dark horse to a standard in the industry, poised for significant value reassessment as battery recycling becomes a core focus [15].