Core Viewpoint - The domestic public REITs market in China has experienced a significant turning point, with several leading companies voluntarily withdrawing their public REITs issuance or expansion applications after years of preparation, raising concerns about the market's future prospects [1][15]. Group 1: Market Overview - Public REITs, or Real Estate Investment Trusts, are financial instruments that raise funds through issuing shares to invest in income-generating real estate, distributing most of the profits to investors [1][15]. - The REITs market was once a hot financing innovation in China's infrastructure sector, rapidly growing to a market size exceeding 100 billion, and was characterized by high demand and oversubscription [2][15]. - The recent wave of withdrawals from the REITs market has shifted the perception from a "hot" investment to a more rational correction phase, indicating a potential end to the market's previous high point [1][15]. Group 2: Withdrawn Projects - The withdrawn projects include: - Jianxin Jianrong Home Rental Housing REIT - Chuangjin Hexin Electronic City Industrial Park REIT - Huaxia Wanwei Warehousing Logistics REIT - Jianxin Jinfeng New Energy REIT - Fuguo Shouchuang Water REIT's expansion application [1][2][16]. - These projects were submitted between September 2022 and May 2025, covering various asset types such as affordable rental housing, industrial parks, warehousing logistics, new energy wind power, and water treatment [2][16]. Group 3: Reasons for Withdrawals - The withdrawals are attributed to two significant changes in the market environment: - The overall cooling of the REITs secondary market, leading to decreased investor willingness to subscribe to new products due to pricing pressures and potential risks of breaking below par [8][21]. - Challenges in the operational quality of underlying assets, such as declining rental income and rising vacancy rates in logistics real estate, which necessitate downward adjustments in cash flow forecasts [8][21]. - Specific concerns raised during the review process included compliance issues, rental stability, and the impact of policy changes on cash flows [6][20]. Group 4: Regulatory Environment - Recent policy signals have emerged to promote the standardized development of the REITs market, including a notice from the National Development and Reform Commission in September 2025 to encourage regular applications [9][23]. - The China Securities Regulatory Commission's "Document No. 63" issued in December 2025 sets a new tone for "high-quality development," marking a significant step towards the market's expansion and regulatory compliance [10][23]. Group 5: Future Outlook - Despite the short-term adjustments, favorable long-term factors for market development remain, with the potential for REITs to play an irreplaceable role in the macroeconomy [11][24]. - The market is expected to continue experiencing a "market dividend period," with ongoing demand for "fixed income plus" assets, particularly in early 2026 [12][25]. - Investors are advised to focus on the fundamental performance of projects, asset scarcity, and dividend yield while enhancing their understanding of REITs products [12][25].

证券代码：600478 证券简称：科力远 公告编号：2026-010 湖南科力远新能源股份有限公司 关于调整公司部分 高级管理人员的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述或者重大遗漏，并对其内容 的真实性、准确性和完整性承担个别及连带责任。 湖南科力远新能源股份有限公司（以下简称"公司"）于2026年1月29日召开第八届董事会第二十五次会 议，审议通过了《关于调整公司部分高级管理人员的议案》。 因公司经营管理与发展需要，经公司总经理提名，并经公司董事会提名委员会审议通过，对部分高级管 理人员职务进行调整。具体情况如下： 1、公司人力资源总监陈丹女士岗位调整，拟聘任陈丹女士任公司执行总经理，陈丹女士不再担任公司 人力资源总监职务。 2、公司公共事务总监陈思女士岗位调整，拟聘任陈思女士任公司副总经理，陈思女士不再担任公司公 共事务总监职务。 3、免去余兴华先生总经理助理职务，另有任用。 上述高级管理人员任期自公司董事会通过之日起至第八届董事会届满为止，个人简历附后。 特此公告。 湖南科力远新能源股份有限公司董事会 2026年1月30日 1、陈丹：女，1987年生，中国国籍，本科学 ...

本报记者 毛艺融 "国家队基金"（如中央汇金、社保基金、地方产业母基金）通常率先布局战略性新兴产业，承担风险定 价与市场信心塑造等功能，例如去年11月份，A股公司赛力斯集团股份有限公司H股上市时，重庆产业 投资母基金现身其基石投资者名单。今年1月份，江西国控私募基金管理有限公司出现在了上海龙旗科 技股份有限公司的H股基石投资者名单里。 数据显示，截至1月29日，"A+H"股累计已达167家。瑞银集团中国区总裁及瑞银证券董事长胡知鸷向 《证券日报》记者表示，从2024年四季度开始，"A+H"模式迎来新一轮扩容潮。2025年更多A股公司成 功登陆港股，尤其是一些细分行业龙头、大市值的公司接连在港股上市。此外，还有很多A股公司启动 了"A+H"的计划与项目。 国际投资者加码 数据显示，自去年以来，瑞银环球资产管理（新加坡）有限公司、阿布达比投资局、未来资产证券有限 公司、施罗德集团等国际长线资金出现在港股IPO的基石投资名单中。 今年1月份以来，中东主权财富基金、欧洲家族办公室等国际长线资金频频现身，主动将资金锁定6至12 个月。例如，MiniMax（稀宇科技）引入了阿布扎比投资局、Eastspring（瀚亚投资） ...

Core Viewpoint - The Jinan New and Old Kinetic Energy Conversion Pilot Zone is committed to promoting green, low-carbon, and high-quality development by focusing on the "dual carbon" goals and exploring innovative reforms in the energy sector [1] Group 1: Energy Transition Initiatives - The pilot zone is recognized as the only pilot unit in Jinan for energy green and low-carbon transition, establishing a collaborative work mechanism among multiple departments to ensure the implementation of pilot projects [1] - A detailed construction plan for the energy green low-carbon transition pilot for 2025 has been issued, outlining annual goals, key tasks, and project lists to enhance policy support and resource allocation [1] Group 2: Collaborative Development Models - The green low-carbon vehicle network interactive charging and swapping demonstration station has been developed through collaboration between Jinan Power Supply Company and local government, featuring advanced technology and comprehensive facilities [2] - The station includes 123 charging and swapping spots, with 104 charging piles, and integrates various elements such as photovoltaic, energy storage, and V2G technologies [2] Group 3: Clean Energy Utilization - The pilot zone is actively promoting photovoltaic power generation integrated with buildings, achieving a total installed capacity of approximately 49,000 kW and an annual power generation of 57 million kWh [3] - Geothermal energy utilization projects have been developed, covering a heating area of about 220,000 square meters, leveraging the region's rich geothermal resources [3] - Hydrogen energy applications are being expanded, with over 100 hydrogen-powered vehicles promoted for urban construction and logistics [3] Group 4: Advanced Technology and Equipment - The Aiko Solar high-efficiency battery module project has been established, with a production capacity of 3 GW and an expected full production by 2026, featuring innovative ABC photovoltaic battery components [4] - A 350 million yuan investment project for perovskite solar cells is underway, focusing on high-efficiency and stable production processes [4] Group 5: Comprehensive Smart Energy Development - A "1+4" planning system has been established to manage electricity supply, heating, and comprehensive smart energy services, with a draft plan already in progress [5] - A multi-energy integrated management system is being constructed, incorporating various energy forms and advanced technologies for better control and visibility [5] Group 6: Project Implementation - Ongoing projects include the construction of integrated heating and cooling systems, green electricity supply for industrial parks, and hydrogen energy pilot projects, leveraging the demonstration effects of the low-carbon vehicle network interactive charging station [6]

每经记者｜淡忠奎 每经编辑｜杨欢 "如何系统性考虑重大科技基础设施与我们重点发展的人工智能、低空经济等未来产业之间的匹配性和 耦合度？""在航空航天与新能源等重点产业快速发展背景下，成都如何系统布局？""成都如何优化教育 服务供给，给家长减负？"…… 1月28日，成都市第十八届人民代表大会第四次会议正式开幕。当晚，"代表·局长面对面"咨询交流会 上，成都市发改委、市科技局、市教育局、市交通运输局、市生态环境局等14个市级部门的主要负责人 与52名人大代表围坐在一起，畅聊"十五五"，回应各领域关切。 这些发问的人大代表有科学家、企业家以及社区创新者等，轮番举手、密集发问，议题也高度聚焦于科 技创新、未来产业以及"一老一小"等民生问题。据统计，本次交流会14个部门共计回答25个问题，市科 技局、经信局市新经济委等相关负责人作答频率最高，成为"最忙局长"。 从这一维度而言，"代表·局长面对面"生动地诠释出发展战略如何落地，也精准地收到产业一线的反 馈。"局长们回答很专业。"市人大代表、清华四川能源互联网研究院（以下简称"清华四川院"）副院长 刘毅对《每日经济新闻》记者谈及，关于科技成果转化的回答让他印象深刻—— 一 ...

最新公告列表 《中信博2025年年度业绩预告》 截至2026年1月29日收盘，中信博（688408）报收于46.99元，较前一交易日下跌6.56%，最新总市值为 102.94亿元。该股当日开盘50.03元，最高50.62元，最低46.97元，成交额达5.95亿元，换手率为5.59%。 近日，江苏中信博新能源科技股份有限公司发布2025年年度业绩预告。公告显示，公司预计2025年年度 实现归属于母公司所有者的净利润约-980万元，扣除非经常性损益后净利润约-4,380万元，较上年同期 出现亏损。业绩下滑主要受上游组件价格波动、市场竞争加剧、国际经营环境复杂、汇率波动及战略性 投入增加等因素影响。公司持续推进海外本土化布局，加大市场开拓与研发投入，导致期间费用上升。 在手订单合计75.10亿元，其中光伏跟踪支架系统产品64.34亿元。本次业绩预告未经注册会计师审计， 最终数据以正式披露的2025年年度报告为准。 以上内容为证券之星据公开信息整理，由AI算法生成（网信算备310104345710301240019号），不构成 投资建议。 ...

Core Viewpoint - The company, Jiawei New Energy, has announced an expected net loss for the year 2025, projecting a loss between 150 million to 188 million yuan, compared to a loss of approximately 276.99 million yuan in the same period last year [1] Financial Performance - The projected net profit for the year 2025 is estimated to be between -150 million yuan and -188 million yuan [1] - The previous year's loss was reported at 276.99 million yuan [1]

该报告指出，围绕"十五五"时期的目标任务，2026年，江西将着力在长江大保护、节能降碳、构建绿色 低碳循环发展经济体系、全域生态产品价值实现、生态文明体制改革、生态文化建设上取得新成效，奋 力谱写打造美丽中国"江西样板"新篇章。(完) 该报告指出，"十四五"时期，江西体制机制改革实现重大突破，集体林权制度改革领跑全国，国家林长 制督查考核连续4年优秀，率先探索自然资源组合供应，山水林田湖草沙保护修复、生态保护补偿、农 村宅改、绿色金融、生态司法等42项改革举措和经验做法在全国推广。江西生产生活方式转入绿色轨 道，可再生能源装机占比过半，建成相对完备的锂电、光伏等新能源产业链，电子信息、有色金属产业 突破万亿元规模，国家级绿色园区数量位居全国第5。 "十四五"时期，江西生态环境质量持续巩固提升，生态质量指数稳居全国前列，长江干流10个断面连续 8年、赣江干流33个断面连续5年保持Ⅱ类水质，国务院实行最严格水资源管理制度考核连续7年优秀。 森林覆盖率居全国第2，世界地质公园数量与河南省并列全国第1，城市建成区园林绿化覆盖率、绿地率 均居全国第2。 其中，2025年，江西全面加强生态保护修复，成功申报长江重点生态区 ...

Core Viewpoint - The financial system is becoming a key support for energy resource security, with China Galaxy Securities innovating financial tools and optimizing capital allocation to enhance financial services for energy and resource sectors [1] Group 1: Energy Security and Financial Support - China Galaxy Securities has established a comprehensive financial service system covering the entire energy and resource industry chain, supporting energy supply and resource security [1] - The company played a crucial role in the restructuring project of Huadian International, which is the largest restructuring project in the thermal power industry for 2025, involving over 16 million kilowatts of operational capacity [2] - The restructuring project aims to stabilize the power grid by enhancing the peak-shaving capabilities of thermal power, thus ensuring national electricity security [2] Group 2: Financing and Investment Activities - In 2025, China Galaxy Securities assisted multiple energy companies in direct financing to strengthen national energy security, including helping Jiadeng Co. complete over 1.1 billion yuan in refinancing [3] - The company also supported State Grid New Energy in completing a 36.5 billion yuan capital increase project, which is significant for the pumped storage sector [3] - China Galaxy Securities customized financing solutions for these projects, achieving record cash fundraising in state asset transactions [3] Group 3: Resource Development and International Cooperation - China Galaxy Securities acted as the lead underwriter for Jinchengxin's convertible bond issuance, raising 2 billion yuan to enhance copper mining efficiency in Zambia [4] - The project aligns with China's status as the largest refined copper producer and consumer, aiming to deepen economic and resource cooperation with Belt and Road Initiative countries [4] - The company also supported the listing of leading tungsten mining company Jiaxin International in Hong Kong and facilitated the issuance of a pioneering bond for Xibu Mining [5] Group 4: Global Expansion and Market Integration - As Chinese energy companies expand internationally, China Galaxy Securities has been instrumental in facilitating overseas financing, including a significant share placement for Ruipu Lanjun in Hong Kong [6] - The company successfully led the underwriting of a panda bond for Shandong-based Water Development Energy, marking a significant entry into the interbank bond market [6] - Overall, China Galaxy Securities has developed a comprehensive service capability across private equity, A-shares, H-shares, and bond markets, demonstrating its role in supporting the national energy resource security system [6]

Core Viewpoint - The article discusses the importance of green electricity direct connection and the creation of zero-carbon parks, emphasizing the need for low-carbon energy transformation and green electricity consumption in industrial parks [2]. Group 1: Policy and Objectives - The "Notice on the Construction of Zero-Carbon Parks" outlines the construction conditions, key tasks, and organizational methods for zero-carbon parks [2]. - By the end of 2025, the first batch of national-level zero-carbon parks will be announced, requiring localities to promote green electricity direct connection and new energy access to distribution networks [2]. - The government aims to increase the proportion of green electricity consumption in key energy-consuming units and industries, encouraging the establishment of green factories and parks with 100% green electricity consumption [2]. Group 2: Training Details - A seminar and training on green electricity direct connection and zero-carbon park creation will be held on March 6-7 in Hangzhou [3]. - The event is organized by China Energy News and supported by the China Energy Economic Research Institute [3]. - Target participants include power companies, renewable energy enterprises, energy service companies, and professionals involved in zero-carbon park construction [3]. Group 3: Course Modules - The training will cover various topics, including green electricity direct connection policies, pricing mechanisms, project planning, and the application of virtual power plants in zero-carbon parks [4][5]. - Specific modules will analyze the differences between green electricity direct connection and integrated energy systems, as well as provide case studies and evaluation criteria for zero-carbon parks [5]. Group 4: Fees and Contact Information - The training fee is set at 3,900 yuan per person, excluding travel and accommodation costs [5]. - Payment can be made via bank transfer, and contact information for inquiries is provided [5].