9月17日上午，2025世界清洁能源装备大会在四川省德阳市开幕。 开幕式上，现场发布了《中国清洁能源装备领域标准研究成果》和《全国发电设备行业科技创新成 果》，以及四川省重大技术装备攻关工程成果；东方电气集团东方汽轮机有限公司自主研发的首款15兆 瓦纯氢燃气轮机（G15H）首次亮相；重大合作项目签约仪式举行，16个招商引资项目和6个上下游供销 合作项目成功签约，范围覆盖装备制造、氢能、机器人、先进材料等领域。 此外，德阳投资控股集团有限责任公司与相关基金公司签订了高端能源装备基金合伙协议，将进一步夯 实产业基础，延伸产业链条，推动清洁能源装备产业规模再上新台阶。 （文章来源：每日经济新闻） 会上，中国机械工业联合会党委书记、会长徐念沙表示，当前，全球能源格局深刻变革，技术革新驱动 装备向大容量、高效率、智能化加速迭代，全球产业链竞争格局加速重构，"光伏+""风电+""新型储能 +"等跨界融合新业态不断涌现，重塑能源应用。目前，我国已建成全球最大、最完整的清洁能源装备 产业链，清洁能源装备成为促发展的重要驱动力。本次大会发布了清洁能源装备领域的标准研究成果、 科技创新成果，将进一步搭建合作平台，汇聚全球智慧。 ...

9月17日，2025世界清洁能源装备大会在四川德阳开幕。开幕式上，《中国清洁能源装备领域十大标准 研究成果》正式发布。 据悉，该成果涵盖风力发电机组、水轮机、高压输电设备、锂电保护设备、低压配电成套设备、电气运 输设备、电器附件、电气产品生命周期评价、重型燃气轮机铸锻件、海洋能转换设备等十个关键领域。 值得关注的是，本次发布的《中国清洁能源装备领域十大标准研究成果》中诞生了多个"全球首个"。例 如，《电气运输设备载物电气运输设备移动性能测试方法》作为全球首个由中国主导的载物电气运输设 备(无人配送车)国际标准，统一了移动性能测试方法，有效降低了跨国认证成本。《家用和类似用途直 流插头插座通用要求、标准活页和量规》则是全球首个针对家用和类似用途直流插头插座编制的国际标 准，成功解决了建筑领域电力消费可再生能源替代的"最后一米"难题。 部分成果更是为全球相关领域立下标准。《水电站联合控制技术规范》系统规范了水电站、梯级电站群 及抽水蓄能电站的联合控制功能，打破了全球水电控制领域长期无统一标准的困境。《高压开关设备和 控制设备直流断路器、直流转换开关》依托张北柔直工程等重大项目与工程经验，明确了高压直流断路 器与高 ...

今天，2025世界清洁能源装备大会将在德阳文德国际会展中心开幕。这是时隔两年，世界清洁能源 装备大会再次在德阳举办。此次大会构建起丰富立体的"1+1+19"活动矩阵，即1场开幕式主旨大会、1 场清洁能源装备展览会、19场专题会议活动。作为本届大会的重要展览活动，清洁能源装备展览会有何 看点？9月16日，记者前往现场一探究竟。 解决场景难题，多项新产品亮相 主场馆外，一台占地30平方米、形似集装箱的设备放置在门口。设备外侧的支架形似遮阳雨棚，上 方顶着数十片可移动的光伏板，远看就像一个露营基地。 创新设备远不止一款。在四川新工绿氢科技有限公司展区，这家今年刚在德阳什邡市落地投产的新 能源企业，带来了最新研发的移动储充机器人。"可以把它理解成电动车的移动充电宝。"新工绿氢讲解 员王烽安向记者介绍，"高速公路服务区节假日用电需求较大，我们的机器人能灵活调度、及时补电， 缓解充电压力。它还可应用于景区、大型停车场、物流园区等多种场景。" 全产业链展示，推动展品变商品 本次展馆系统布局了十大特色展区，呈现了从基础材料、关键零部件、整机装备到系统集成与工业 软件的全产业链条，旨在实现更精准的产业对接。当天，尽管大会尚未开 ...

大会期间，将集中发布多项重磅成果。《中国清洁能源装备领域十大标准研究成果》《全国发电设 备行业十大科技创新成果》《四川省重大技术装备攻关工程成果》等报告将亮相。此外，东方电气集团 将首次发布具有行业领先水平的纯氢燃机。 这是德阳第三次举办世界清洁能源装备大会。前两届大会成果丰硕，累计签约投资项目170个、总 金额4757亿元。本次大会创新组织模式，由中国机械工业联合会牵头，科研院所与龙头企业联合承办专 题会议活动，实现从技术研发到成果转化、从产业应用到金融支持的全链条覆盖。（四川日报全媒体记 者 陈丽霏 德阳观察 唐茜） 9月9日，2025世界清洁能源装备大会新闻发布会在德阳举行。记者从发布会上获悉，2025世界清洁 能源装备大会将于9月16日至18日在德阳举行。 本届大会以"绿色新能源·智造新未来"为主题，旨在推动清洁能源装备技术突破与产业升级，助力 全球能源结构绿色转型。截至目前，已有来自12个国家的40余名外宾确认参会。国内方面，6名两院院 士及90多名能源装备领域龙头企业、科研机构代表将齐聚德阳，共商绿色发展。 大会设置"1+1+19"活动矩阵，包括1场开幕式暨主旨大会、1场装备展览和19场专题会议， ...

Market Overview - The Hang Seng Index fell by 0.9% last week, closing at 25,077 points, while the Hang Seng Tech Index rose by 0.6% to 5,674 points[1] - Daily average trading volume increased by 31.2% week-on-week to HK$357.3 billion, with net inflows of HK$22.1 billion through the Stock Connect[1] Sector Performance - The materials sector index surged by 9.1%, driven by strong mid-term earnings in gold and non-ferrous metal stocks[1] - Financials and consumer discretionary sectors underperformed, declining by 2.0% and 1.9% respectively[1] Interest Rates and Liquidity - As of August 29, the overnight and 1-month Hibor rates rose to 4.0% and 3.3%, respectively, narrowing the HIBOR-SOFR spread to 0.98%[2] - Despite rising Hibor rates, overall liquidity in the Hong Kong stock market remains positive, with an average daily trading volume of HK$279 billion since August[2] Earnings and Valuation - The Hang Seng Index's forecast PE and risk premium indicate that valuations are not particularly cheap, with mixed mid-term earnings across sectors[3] - Notable earnings revisions include upward adjustments in technology and materials sectors, while consumer discretionary and utilities saw downward revisions[3] Automotive Sector Highlights - Li Auto reported Q2 revenue of HK$30.2 billion, up 16.7% quarter-on-quarter, with a significant profit increase of 76.7% year-on-year[4] - BYD is expected to report Q2 net profits between HK$10.5 billion and HK$12.9 billion, reflecting a year-on-year growth of 15.9% to 42.5%[4] Healthcare Sector Insights - The Hang Seng Healthcare Index fell by 3.4% last week but rebounded by 3.5% on Friday[5] - A pharmaceutical company reported a 4.8% increase in revenue to HK$7.52 billion, with net profit rising by 27% to HK$1.89 billion[5] New Energy and Utilities - Weisheng Holdings and Harbin Electric saw significant stock price increases of 28.9% and 12.1%, respectively, due to strong mid-term earnings[6] - Despite mixed performance, CGN Mining rose by 16.4% on the back of rising uranium prices and positive sentiment in the US nuclear sector[6]

Core Insights - The company reported a total revenue of 10.642 billion yuan for the first half of 2025, representing a year-on-year growth of 3.22%, and a net profit of 566 million yuan, with a year-on-year increase of 16.80% [1] Group 1: Business Strategy and Performance - The company adheres to a dual business strategy focusing on "clean energy equipment + hazardous waste resource utilization," leading to synergistic development of its two main business segments [1] - Continuous investment in research and development has resulted in 378 technology patents, including 83 invention patents, enhancing the company's competitive advantage in the market [1] Group 2: Technological Advancements - The company's subsidiary, Sichuan Huadu Nuclear Equipment Manufacturing Co., is a key designer and manufacturer of control rod drive mechanisms for the "Hualong One" third-generation nuclear technology, achieving internationally advanced technical standards [1] - Huadu Company has developed the ML-B type control rod drive mechanism, which is the only one to pass seismic tests under third-generation standards and meet a 60-year service life requirement [1] Group 3: Production Capacity and Contracts - After ten years of development, Huadu Company has the capacity to produce control rod drive mechanisms for six million-kilowatt-class pressurized water reactors annually and has secured contracts for multiple "Hualong One" projects, including the first global and overseas reactors [2] - The company is currently the domestic leader in the research and production of control rod drive mechanisms, undertaking tasks for various types of reactors, including new-generation demonstration fast reactors and molten salt reactors [2]

Core Insights - The company reported a revenue of 10.642 billion yuan for the first half of 2025, representing a year-on-year growth of 3.22%, and a net profit attributable to shareholders of 566 million yuan, with a year-on-year increase of 16.80, indicating steady improvement in profitability [1] Group 1: Business Performance - Both main business segments, clean energy equipment and hazardous waste resource utilization, demonstrated strong resilience during the reporting period [2] - The clean energy equipment segment achieved a revenue of 615 million yuan, a significant increase of 37.11% year-on-year, with a gross margin improvement of 7.31 percentage points, reaching 44.67%, well above the industry average [2] - The nuclear power equipment segment, particularly through its subsidiary Sichuan Huadu Nuclear Equipment Manufacturing Co., contributed a net profit of 120 million yuan, supporting overall profitability [3] Group 2: Hazardous Waste Resource Utilization - The hazardous waste resource utilization business maintained steady growth, supported by national policies promoting a "waste-free city" and circular economy [4] - The company established a full industry chain model for hazardous waste management, enhancing the recovery rates and purity of recycled metals, and achieving an annual processing capacity of 40,000 tons for used power batteries [4] Group 3: Technological Innovation - The company holds 378 valid patents, including 83 invention patents, which bolster its competitive edge in key areas such as pumped storage units and nuclear power equipment [5] - The company invested 450 million yuan in R&D during the reporting period, maintaining a high level within the industry, which supports technological advancements and new field explorations [5] Group 4: Shareholder Returns and Future Strategy - The company distributed cash dividends totaling 258 million yuan, accounting for 26.58% of the net profit attributable to shareholders, and has repurchased shares worth 173 million yuan to support employee stock ownership plans [6] - For the second half of 2025, the company plans to focus on enhancing its clean energy and environmental protection strategies, optimizing production capacity, and exploring new fields such as nuclear fusion equipment [6]

Core Insights - Chongqing Machinery and Electric Co., Ltd. (2722.HK) achieved steady growth in the first half of 2025, with mid-year revenue reaching 4.658 billion yuan, a year-on-year increase of 9.2%, and a significant profit attributable to shareholders of 416 million yuan, up 53.8% year-on-year [1][2] Group 1: Financial Performance - The company's mid-year profit is approaching the total profit of the previous year, indicating strong profitability [1] - A mid-term dividend of 0.01 yuan per share was declared, with expectations for annual dividends to reach a near-high in recent years [1] Group 2: Innovation and Market Demand - Technological innovation remains the core driver of Chongqing Machinery's development, enhancing competitiveness across various sectors, including clean energy equipment and high-end intelligent equipment [2][3] - The gas compressor business showed remarkable performance, participating in the "Chengyu Hydrogen Corridor" project and collaborating with Sinopec to build the first 1000 kg hydrogen refueling station [2] - The hydropower equipment sector achieved a record high in new orders exceeding 77 million yuan, contributing to an 11.3% revenue growth to 3.738 billion yuan [2] Group 3: Global Market Expansion - The company is actively expanding its global market presence while maintaining steady growth in the domestic market, particularly in industrial pumps and cables [4] - A significant order of over 127 million yuan was secured for a diaphragm pump project in Hebei, showcasing the company's ability to penetrate large client markets [4] Group 4: Robotics and Automation - The establishment of Chongqing Machinery Intelligent Manufacturing Company marks the formal entry into the robotics sector, focusing on industrial robots and automation equipment [5] - The collaborative robot automation handling platform project has entered the debugging phase, indicating progress towards becoming a new performance highlight [5] Group 5: Future Outlook - The company plans to continue strengthening core technology research and expand into international markets while deploying strategic emerging sectors [6] - With the acceleration of global smart manufacturing and green transformation, Chongqing Machinery is poised to seize more market opportunities in these emerging fields [6]

Core Viewpoint - Xizi Clean Energy (002534.SZ) reported a steady performance in the first half of 2025, achieving revenue of 2.794 billion yuan and a net profit of 148 million yuan, with a year-on-year increase in net profit of 37.58%, driven by its focus on clean energy equipment and core sectors such as waste heat boilers, clean energy equipment, energy storage, and nuclear power [1][2]. Group 1: Business Strategy and Performance - The company focuses on expanding its core business in waste heat boilers, clean energy equipment, and energy storage, with a total order backlog of 6.119 billion yuan as of June 30, 2025, ensuring solid support for future growth [2][3]. - Clean energy equipment revenue reached 475 million yuan, a year-on-year increase of 38.65%, while waste heat boiler orders amounted to 703 million yuan, reinforcing the company's leading position in the industry [2][3]. Group 2: Financial Health and Management - The company improved its gross margin to 20.42%, an increase of 1.82 percentage points from the previous year, and reported a significant increase in operating cash flow, which reached 177 million yuan, up 700.49% year-on-year [3]. - Accounts receivable as a percentage of total assets decreased by 1.33%, indicating enhanced financial stability and effective cost control measures [3]. Group 3: Nuclear Power Business Development - The nuclear power sector is rapidly developing in China, with a record investment of 146.9 billion yuan in 2024, and the company has established long-term strategic partnerships with major players in the industry [4][5]. - Xizi Clean Energy has supplied 186 conventional island pressure vessels and heat exchangers, as well as 435 nuclear safety pressure vessels and tanks to various nuclear power plants across the country [4][5]. Group 4: International Market Expansion - The company achieved a 48.79% year-on-year increase in overseas sales, exporting products to over 100 countries, including notable projects in Pakistan and Belarus [6][7]. - By implementing an "innovation cooperation strategy," the company is transitioning from a single equipment manufacturer to a comprehensive energy solution provider, enhancing its global market competitiveness [7]. Group 5: Future Outlook - The company aims to focus on key equipment research and production in the nuclear island sector, aligning with national development goals and expanding international cooperation in nuclear power [5]. - Xizi Clean Energy is positioned as a third growth curve following its success in solar thermal energy, attracting significant market attention and potential investment opportunities [5].

Core Viewpoint - Xizi Clean Energy (002534.SZ) has achieved an A rating in the latest ESG assessment by Huazheng Index, highlighting its excellence in environmental, social, and governance practices [2] Governance Upgrade - The company has established a robust governance structure comprising a shareholders' meeting, board of directors, supervisory board, and management team, along with a strategic investment and ESG committee that integrates ESG metrics into executive assessments [3] - Xizi Clean Energy has disclosed 142 announcements and related documents in 2024, ensuring investor transparency, and has conducted 25 routine audits and 6 special audits without any major compliance incidents [3] Green and Low-Carbon Initiatives - The company is actively pursuing green development across its entire industry chain, transitioning from a leader in waste heat utilization to a clean energy manufacturer, participating in the construction of 16 solar thermal power plants by the end of 2024 [4] - Xizi Clean Energy's Qinghai Zhongkong Delingha 50MW solar thermal power plant is expected to reduce CO2 emissions by approximately 121,000 tons annually [4] - The company has invested 28.24 million yuan in environmental protection in 2024, achieving a 100% compliance rate for waste gas and wastewater discharge [4] Quality and Innovation - Xizi Clean Energy has implemented a three-tier quality management system covering design, manufacturing, and inspection, with over 250 system documents to ensure standardized control [6] - The company has established a national-level postdoctoral workstation and a joint research institute with Zhejiang University to accelerate breakthroughs in clean energy technology [7] Employee-Centric Approach - The company emphasizes employee rights and diverse development, achieving a 93.5% employee satisfaction rate through various welfare initiatives and training programs [8] - Xizi Clean Energy has conducted 246 hazard inspections and 83 emergency drills in 2024, achieving a 100% rectification rate [8] Social Responsibility - The company actively engages in social responsibility initiatives, supporting youth development and community assistance, and has created over 1,000 job opportunities through its "Xizi Spring Plowing Society" platform [9] - Xizi Clean Energy has been recognized in the "2024 Global Zhejiang Business ESG Classic 100" list for its impactful social contributions [9] Future Outlook - Xizi Clean Energy aims to continue driving green and low-carbon initiatives alongside technological innovation, focusing on molten salt energy storage, solar thermal power generation, and flexible transformation of thermal power [10]