8月31日，记者从生态环境部获悉，生态环境部联合国家发展改革委、工业和信息化部印发《工业领域 氧化亚氮排放控制行动方案》（以下简称《方案》）。《方案》提出，加强技术创新，持续开展源头和 过程控制、资源化利用、监测和减排等关键技术的研发创新，开展技术示范工程建设，支持控排相关技 术申报国家重点推广的低碳技术目录，有效提升工业领域氧化亚氮减排能力。 国家应对气候变化战略研究和国际合作中心马翠梅研究员说，自2021年起，我国逐步将硝酸生产过程的 氧化亚氮排放数据报告纳入全国碳市场；在技术研发方面，我国已有企业研发了具有自主知识产权的减 排技术，减排效率接近国外产品且成本更具优势。下一步，有关部门需要研究出台系列细化配套措施， 实现《方案》提出的控排目标，提高我国应对气候变化能力，为全球工业领域氧化亚氮治理提供"中国 方案"。（记者李禾） 生态环境部应对气候变化司有关负责人说，我国工业领域氧化亚氮排放主要来自己二酸、硝酸和己内酰 胺的生产过程，己二酸行业是工业氧化亚氮最主要的排放源。工业领域氧化亚氮排放相对集中、行业聚 集程度较高，排放处理的技术路线也较为成熟，因此率先在工业领域开展氧化亚氮控排工作具有较高可 行性。 ...

中化新网讯 8月27日，生态环境部、国家发改委、工业和信息化部联合印发《工业领域氧化亚氮排放控 制行动方案》，提出六项重点工作任务，控制工业领域氧化亚氮排放。 一是推动氧化亚氮减排。推动相关工业产品生产企业通过使用治理设备、加装催化剂等方式有效减少氧 化亚氮排放。鼓励己二酸生产企业对氧化亚氮尾气进行回收提纯再利用。 二是完善氧化亚氮控排配套政策。研究利用相关资金渠道支持相关企业建设氧化亚氮回收提纯装置和减 排装置，加快推进利用市场机制鼓励工业领域氧化亚氮减排。 三是加强技术创新。持续开展关键技术的研发创新，开展技术示范工程建设，支持控排相关技术申报国 家重点推广的低碳技术目录，推动成立工业领域氧化亚氮控排产学研联盟。 四是强化工业领域氧化亚氮协同管控。针对与氧化亚氮同源的氮氧化物等，研究探索建立协同控制制 度，研究在己二酸、硝酸和己内酰胺等重点行业建设项目环境影响评价中开展氧化亚氮排放评价，提出 减污降碳协同控制措施。 五是加强工业领域氧化亚氮监测、报告和核查体系建设。推进建立重点企业氧化亚氮排放报告制度，研 究制定监测标准和排放相关标准，在工业领域探索开展氧化亚氮排放源自动监测。 六是加强国际交流与合作。积 ...

Group 1: Macro Economic Insights - The Federal Reserve is expected to lower interest rates by 25 basis points in September, but subsequent rate cuts may be limited due to mixed economic signals [3][6][7] - The July CPI data shows a year-on-year increase of 2.7% and a month-on-month increase of 0.2%, indicating stable overall inflation, while core CPI rose by 3.1% year-on-year, reflecting tariff impacts [4][5][6] Group 2: Industry Insights - The AIDC sector is experiencing sustained high demand, supported by increased capital expenditures from major cloud service providers like Google and Microsoft [10][11][12] - The chemical industry, particularly in spandex and adipic acid, is facing challenges due to oversupply, but leading companies are maintaining cost advantages [25][26][27] - The pharmaceutical company, Hutchison China MediTech, is under pressure due to intensified domestic competition, but its core products continue to show strong growth in overseas markets [21][22][23] Group 3: Company-Specific Performance - Spring Power's Q2 2025 performance exceeded expectations, with revenue of 5.605 billion yuan, a 25.5% increase, and net profit of 587 million yuan, a 36.0% increase [16][17][18] - Hutchison China MediTech reported total revenue of $278 million in H1 2025, a 9.16% decline, primarily due to domestic market competition [21][22] - Huafeng Chemical's H1 2025 revenue was 12.137 billion yuan, down 11.70%, but the company is expected to maintain profitability due to its cost leadership in the spandex market [25][26][27]

Summary of Key Points Overall Market Performance - The performance of the CSI 300 and ChiNext indices over the past year shows a significant decline, with the CSI 300 down by 32% and the ChiNext down by 16% [1]. Industry Performance - The top five performing industries yesterday included textiles and apparel (+1.448%), beauty and personal care (+1.014%), telecommunications (+0.971%), banking (+0.897%), and diversified industries (+0.742%) [1]. - Conversely, the bottom five performing industries were defense and military (-1.17%), non-ferrous metals (-0.866%), utilities (-0.801%), steel (-0.580%), and pharmaceuticals and biology (-0.537%) [1]. Communication Industry - The satellite internet construction in China is gradually taking shape, with significant developments in the commercial aerospace industry [10]. - On April 1, 2025, China successfully launched a satellite for internet technology testing, marking a step towards the integration of satellite and terrestrial networks [12]. - The "Thousand Sails Constellation" plan aims to deploy 648 satellites by the end of 2025 and 1,296 satellites globally by 2027, with a long-term goal of 15,000 satellites by 2030 [13]. Coal Mining Industry - China Jushi (600176.SH) reported a significant increase in Q4 2024 performance, with revenue reaching 42.2 billion yuan, a year-on-year increase of 22.4% and a quarter-on-quarter increase of 8.49% [16]. - The company’s glass fiber yarn sales reached a record high of 3.025 million tons in 2024, driven by structural optimization and market expansion [17]. Real Estate and Construction Industry - China Overseas Development (00688.HK) ranked first in equity sales and land acquisition, with a steady growth in commercial income [21]. - The company reported a revenue of 1,851.5 billion yuan in 2024, a year-on-year decrease of 8.6%, while its equity sales amounted to 3,107 billion yuan, a slight increase of 0.3% [22][23]. Food and Beverage Industry - China Feihe (06186.HK) achieved a revenue of 20.749 billion yuan in 2024, reflecting a year-on-year increase of 6.2%, with a proposed dividend of 0.3264 HKD per share [27]. - The company’s ultra-high-end product series continues to drive growth, with a focus on expanding its market share in the infant formula sector [28]. Chemical Industry - Shengquan Group (605589.SH) reported a revenue of 10.02 billion yuan in 2024, with a year-on-year increase of 9.87% [37]. - The company is expanding its high-frequency and high-speed resin varieties, indicating a robust growth trajectory [38]. Light Industry - Jiayi Co., Ltd. (301004.SZ) achieved a revenue of 2.836 billion yuan in 2024, a year-on-year increase of 59.8%, supported by strong customer relationships [31]. - The company’s overseas revenue growth is a significant driver of its overall performance [32].