央视网消息（焦点访谈）："共抓大保护、不搞大开发"——2016年1月5日，习近平总书记在重庆主持召开推动长江经济带发展座谈会，首次系统提出这 一重大理念。十年，只是历史的一瞬，但对长江来说，却是一场蜕变。十年来，沿线11省市坚决贯彻这一重要指示，统筹生态保护与高质量发展，如今，一 江碧水奔流不息，长江正焕发前所未有的生机与活力。从今天（1月4日）开始，《焦点访谈》推出系列报道"新时代长江之歌"，聚焦十年变化，探索未来高 质量发展之路。今天的节目，首先关注：共抓大保护，先建"大生态"，在新发展理念指引下，万里长江如何焕了新颜。 新年临近，工作人员在长江上游的岷江支流进行年度最后一次科学捕捞。工作人员通过定时定点捕捞，调查长江上游水生生物多样性的动态变化。他们发 现，原来罕见的保护鱼类越来越频繁地出现了。 长江鲟是国家一级保护动物，与长江江豚、中华鲟并称为长江三大旗舰生物。但是这个长江特有的珍稀物种，却一度被世界自然保护联盟宣布为野外灭绝， 其原因令人深省。 四川省水产研究所长江上游珍稀鱼类保护中心副主任汪斌："在过去的几十年里，受高强度的人类活动和水质污染等综合因素影响，长江鲟面临着严峻的生 存危机，这个种群走 ...

每经AI快讯，宝明科技（SZ 002992，收盘价：50.31元）12月15日晚间发布公告称，公司于近日收到公 司董事\高级管理人员赵之光先生、张国宏先生、谢志坚先生出具的《关于所持深圳市宝明科技股份有 限公司股份减持计划告知函》。 公司董事、副总经理赵之光先生持有公司股份约12万股（占公司当前总股本比例为0.0652%），计划在 本公告披露之日起15个交易日后的3个月内，以集中竞价交易方式或大宗交易方式减持公司股份不超过 2.95万股（占公司当前总股本比例为0.0163%）。 公司董事、董事会秘书张国宏先生持有公司股份约14.73万股（占公司当前总股本比例为0.0814%），计 划在本公告披露之日起15个交易日后的3个月内，以集中竞价交易方式或大宗交易方式减持公司股份不 超过3.68万股（占公司当前总股本比例为0.0203%）。 每经头条（nbdtoutiao）——中标企业频频弃标 大型医疗设备采购有何难言之隐？ （记者 王晓波） 公司财务总监谢志坚先生持有公司股份约7.42万股（占公司当前总股本比例为0.041%），计划在本公告 披露之日起15个交易日后的3个月内，以集中竞价交易方式或大宗交易方式减持公司 ...

Core Viewpoint - The development of green finance is a crucial aspect of supporting national strategies and fulfilling social responsibilities, with banks like Bank of Communications (交通银行) actively participating in the "dual carbon" strategy to provide financial support for enterprises' green initiatives [1] Group 1: Cross-Border Financial Services - Bank of Communications Shenzhen Branch is building an integrated cross-border financial service system that combines domestic and foreign currencies, onshore and offshore services, to support the development of the green economy [1] - The cumulative amount of cross-border investment and financing business conducted by the Shenzhen Branch has exceeded 10 billion RMB [1] Group 2: Support for Private Enterprises - A company focused on the research and production of new energy lithium battery anode materials is investing in an integrated project in Southeast Asia with an annual production capacity of 80,000 tons, benefiting from the Belt and Road Initiative [2] - The Shenzhen Branch of Bank of Communications played a key role in providing international syndicate loans to support the overseas green energy project of the company, setting a benchmark for green energy cooperation under the Belt and Road Initiative [2] Group 3: Empowering State-Owned Enterprises - The Shenzhen Branch collaborated with its Brazilian subsidiary to provide innovative overseas loan solutions for a green photovoltaic project in Brazil, with financing needs reaching 170 million RMB [3] - The comprehensive financial service solution included cross-border RMB loans, the Cross-Border Interbank Payment System (CIPS), currency swaps, and domestic and foreign linkage, facilitating the rapid implementation of green loans [3] - The Shenzhen Branch aims to enhance the quality and efficiency of cross-border trade and investment services, focusing on areas such as infrastructure green upgrades, clean energy, and environmental protection [3]

Core Insights - The article emphasizes the importance of green finance in supporting national strategies and fulfilling social responsibilities, particularly in the context of China's "dual carbon" strategy [1][2] - The Bank of Communications Shenzhen Branch is actively innovating financial service models to support enterprises in their green international ventures, showcasing its expertise in cross-border finance [1] Group 1: Cross-Border Financial Services - The Bank of Communications Shenzhen Branch has established a comprehensive cross-border financial service system that integrates domestic and foreign currencies, as well as onshore and offshore services, to promote green economic development [1] - The branch's cross-border investment and financing business has exceeded 10 billion yuan [1] Group 2: Case Studies of Green Projects - A Company, focused on the R&D and production of new energy lithium battery anode materials, is investing in an integrated project in Southeast Asia with an annual production capacity of 80,000 tons, supported by the Bank of Communications Shenzhen Branch through international syndicate loans [1] - The project is positioned to benefit from the region's natural resources and strategic location, aligning with the Belt and Road Initiative, thus presenting significant development prospects and profitability [1] Group 3: Innovative Financing Solutions - The Bank of Communications Shenzhen Branch collaborated with its Brazilian subsidiary to provide an innovative overseas loan solution for B Company's green photovoltaic project in Brazil, with financing needs reaching 170 million yuan [2] - The comprehensive financial service approach included cross-border RMB loans, the Cross-Border Interbank Payment System (CIPS), currency swaps, and domestic-foreign linkage, facilitating the rapid implementation of green loans [2] Group 4: Future Directions - The Bank of Communications Shenzhen Branch plans to continue enhancing the quality and efficiency of cross-border trade and investment services, focusing on areas such as infrastructure green upgrades, clean energy, and environmental protection [2] - The branch aims to provide robust financial support for enterprises venturing abroad, contributing to the green transformation and high-quality development of the real economy [2]

Core Viewpoint - Baoming Technology (SZ 002992) announced the convening of its fifth board meeting on November 17, 2025, to review the proposal for nominating non-independent director candidates [1] Company Summary - For the first half of 2025, Baoming Technology's revenue composition was as follows: 99.39% from display device manufacturing and 0.61% from the new energy lithium battery industry [1] - As of the report date, Baoming Technology's market capitalization is 9.4 billion yuan [1]

Core Viewpoint - Foshan Fospower Technology Group Co., Ltd. has responded to the inquiry letter regarding the issuance of shares for asset acquisition and fundraising, providing detailed explanations of the operational and financial status of the target assets, which serves as an important reference for investors to understand the major asset restructuring situation [1] Group 1: Operational Status of Target Assets - The target company has 19 existing production lines and 18 new production lines that have been put into operation, with 10 additional lines under construction by the end of 2024, resulting in a total production capacity of approximately 5 billion square meters [2] - The overall capacity utilization rate remains above 80%, indicating no obsolete capacity, and the expansion is aimed at addressing previous capacity shortages due to the growing demand in the downstream new energy lithium battery industry [2] - The sales model includes direct sales, with consignment and non-consignment modes, where major clients include CATL, BYD, and EVE Energy, with reasonable differences in sales price and gross margin due to product structure and market price factors [2] - The company has established stable cooperation with major lithium battery manufacturers, and the concentration of clients is reasonable given the high concentration in the downstream industry, minimizing the risk of being replaced [2] Group 2: Financial Status of Target Assets - The accounts receivable have shown good recovery post-period, with overdue accounts receivable decreasing year by year, and the provision for bad debts is consistent with industry averages [3] - Inventory aging is primarily within one year, with good post-period liquidation rates, and the provision for inventory impairment is adequately accounted for [3] - Despite a projected loss in 2024, the net cash flow from operating activities remains positive and is growing, with sufficient credit limits to cover funding needs, indicating no significant adverse impact on liquidity and ongoing operations [3] Group 3: Performance and Forecast - The actual performance from January to June 2025 aligns closely with the forecast data, indicating that post-evaluation operating performance will not adversely affect the transaction assessment and pricing [4] - Revenue forecasts are based on existing orders and industry developments, with stable price expectations, considering industry cycles, technology, and competitive landscape [4] - The gross margin is expected to decline during the reporting period but is projected to increase in the forecast period, taking into account raw material price fluctuations and supplier stability [4]

Group 1 - The company Baoming Technology (SZ 002992) held its fifth board meeting on August 28, 2025, to review the proposal for the 2025 semi-annual report and its summary [1] - For the year 2024, Baoming Technology's revenue composition was 99.98% from display device manufacturing and 0.02% from the new energy lithium battery industry [1]

Industry Overview - The Ministry of Industry and Information Technology is set to issue satellite internet licenses to three major telecom operators, which will likely accelerate the launch of satellite networks and ground facilities, presenting investment opportunities in satellite manufacturing and related companies [2] - Shanghai has announced adjustments to its real estate purchase restrictions, including lifting limits for single individuals and equalizing loan rates for first and second homes, which may boost confidence in the real estate sector and consumer spending, particularly in the liquor industry [3] - The Chinese government aims to increase the self-sufficiency rate of semiconductors for data centers to 70% by 2027, with plans for Beijing to reach 100%, indicating a growing market for domestic AI servers and computing chips [3] Advanced Manufacturing - Desay Battery reported a revenue of 9.762 billion yuan for the first half of the year, a year-on-year increase of 9.32%, while net profit decreased by 9.36% to 98 million yuan. The company is undergoing a strategic transformation, with traditional consumer electronics battery business performing well, but significant losses in its energy storage segment [6] - Jiangsu province has clarified the "discharge pricing mechanism" for vehicle-grid interaction, allowing electric vehicles to act as distributed energy storage units, which could incentivize the operation of energy storage fleets and charging stations [7] Consumer Sector - Maiqiuer's total revenue for the first half of 2025 was 294 million yuan, a decrease of 4.49%, but net profit turned positive at 1.5466 million yuan, a significant turnaround after three years of losses. The company's gross margin improved to 25.32% [9] - Guibao Pet reported a revenue of 3.221 billion yuan, a year-on-year increase of 32.72%, with net profit rising by 22.55% to 378 million yuan. The company saw strong growth in its core pet food segment, particularly in staple food, while online sales channels have become a significant growth driver [10]

Group 1 - The core point of the news is that Zhang Chun, the director and general manager of Baoming Technology, plans to reduce his shareholding by up to 280,000 shares within a specified period, which represents 0.1548% of the company's total share capital [1] - Baoming Technology's revenue composition for the year 2024 indicates that 99.98% of its revenue comes from display device manufacturing, while the new energy lithium battery sector contributes only 0.02% [1] - As of the latest report, Baoming Technology has a market capitalization of 11.4 billion yuan [2]

Core Viewpoint - The report highlights the performance of the Jiashi New Energy Materials Stock A fund, indicating a profit of 4.7057 million yuan in Q2 2025, with a net asset value growth rate of 0.46% and a total fund size of 2.059 billion yuan as of the end of Q2 2025 [2][15]. Fund Performance - As of July 18, 2025, the fund's one-year cumulative net value growth rate is 33.18%, ranking 7th out of 44 comparable funds [3]. - The fund's three-month net value growth rate is 8.86%, ranking 34th out of 44 comparable funds, and the six-month growth rate is 6.97%, ranking 22nd out of 44 [3]. - Over the past three years, the fund has experienced a net value growth rate of -44.60%, ranking 21st out of 31 comparable funds [3]. Risk and Return Metrics - The fund's Sharpe ratio over the past three years is -0.3224, ranking 18th out of 31 comparable funds [8]. - The maximum drawdown over the past three years is 63.37%, ranking 3rd out of 31 comparable funds, with the largest single-quarter drawdown occurring in Q3 2022 at 24.88% [10]. Investment Strategy - The fund manager indicates that corporate profit recovery is similar to historical cycles, suggesting potential for exceeding expectations in various industries due to suppressed capital expenditures [2]. - The fund has maintained a high average stock position of 91.71% over the past three years, with a peak of 94.62% at the end of 2023 [13]. - The fund's investment focus is on sectors related to new energy lithium batteries and intelligent driving, adjusting the portfolio dynamically based on market fluctuations [2]. Holdings Concentration - The fund has a high concentration of holdings, with the top ten stocks including Ningde Times, Putailai, Yiwei Lithium Energy, and others, indicating a stable selection of investment targets [18].