截至发稿，庞文杰累计任职时间5年213天，现任基金资产总规模1.84亿元，任职期间最佳基金回报 44.46%， 任职期间最差基金回报-45.25%。 风险提示：市场有风险，投资需谨慎。本文为AI大模型自动发布，任何在本文出现的信息（包括但不 限于个股、评论、预测、图表、指标、理论、任何形式的表述等）均只作为参考，不构成个人投资建 议。 责任编辑：小浪快报 从基金十大重仓股角度 数据显示，华银基金管理旗下1只基金重仓双良节能。北信瑞丰产业升级（168501）三季度持有股数56 万股，占基金净值比例为4.79%，位居第十大重仓股。根据测算，今日浮盈赚取约16.8万元。 北信瑞丰产业升级（168501）成立日期2018年1月10日，最新规模7073.14万。今年以来收益0.43%，同 类排名7907/8159；近一年亏损3.5%，同类排名8024/8147；成立以来收益28.39%。 北信瑞丰产业升级（168501）基金经理为庞文杰。 12月29日，双良节能涨5.15%，截至发稿，报6.13元/股，成交3.43亿元，换手率3.11%，总市值114.86亿 元。 资料显示，双良节能系统股份有限公司位于江苏省江阴市利港 ...

据泰媒报道，泰总理府新闻报道显示，内阁近日批准了能源部替代能源发展与效率厅提出的两项旨在通 过税收措施促进节能和可再生能源利用的计划。 第一项措施是，到2028年底，住宅屋顶太阳能安装费用可享受最高20万泰铢的个人所得税抵扣。第二项 措施允许个人和法人对已获得节能标签5号认证的高效机械设备进行投资，并扣除其支出的1.5倍。该措 施的目标是创造能源安全，减少液化天然气(LNG)进口成本8万吨，并提高能源效率。预计这两项措施 将至少刺激4502.5亿泰铢的国内投资，并减少约883亿泰铢的液化天然气(LNG)进口成本。 ...

Core Viewpoint - Double Good Energy (600481.SH) is planning a refinancing to raise up to 1.292 billion yuan for projects including zero-carbon intelligent manufacturing plants and to supplement working capital [1][7]. Group 1: Fundraising and Strategic Initiatives - The company aims to upgrade its industry and strengthen its core competitiveness through the fundraising [2]. - The funds will be used for projects such as high-efficiency air cooling, liquid cooling intelligent equipment systems, and research centers for intelligent hydrogen equipment and materials [7]. - The company has secured a contract worth approximately 119 million USD (about 847 million yuan) to supply cooling systems and other equipment to Kazakhstan [2][7]. Group 2: Financial Performance - In the first three quarters of 2025, the company reported revenues of 6.076 billion yuan, a year-on-year decline of 41.27%, and a net loss attributable to shareholders of 544 million yuan, a reduction in loss of 59.42% [3][4]. - The third quarter of 2025 marked a turnaround with a net profit of 53.18 million yuan, ending six consecutive quarters of losses [5][6]. - Despite a significant drop in revenue, the company managed to reduce its net loss and improve its financial performance through cost reduction and efficiency improvements [4][5]. Group 3: Industry Context and Challenges - The photovoltaic industry remains under pressure, with a structural mismatch in supply and demand affecting upstream and midstream companies [3][6]. - The company has been focusing on lean management and quality improvement to cope with the challenges in the photovoltaic sector [2][4]. - The company’s main business segments include energy-saving and water-saving equipment, new energy equipment, and photovoltaic products, with the latter facing significant market challenges [3][6].

Core Viewpoint - The company reported a significant decline in revenue and incurred losses in the first three quarters of 2025, indicating financial challenges ahead [1] Financial Performance - The company achieved a revenue of 6.076 billion yuan in the first three quarters, representing a year-on-year decrease of 41.27% [1] - The net profit attributable to shareholders was a loss of 544 million yuan [1] - The non-recurring net profit also showed a loss of 600 million yuan [1] - The basic earnings per share were reported at -0.2901 yuan [1]

Core Viewpoint - The company reported a significant decline in revenue for the first half of 2025, but managed to narrow its losses compared to the previous year, indicating some operational improvements despite challenging market conditions [1][6]. Group 1: Financial Performance - In H1 2025, the company achieved operating revenue of 4.39 billion, a year-on-year decrease of 37.1%, and a net profit attributable to shareholders of -600 million, an improvement from -1.26 billion in the same period last year [1]. - The gross profit margin improved to 1.5%, up 7.5 percentage points year-on-year, and the net cash flow from operating activities turned positive at 690 million [1]. - In Q2 2025, the company reported operating revenue of 2.31 billion, a year-on-year decrease of 15.5%, but a quarter-on-quarter increase of 11.1%, with a net profit of -440 million, compared to -960 million in the same period last year [1]. Group 2: Business Segments - The energy-saving and water-saving equipment business generated revenue of 920 million in H1 2025, down 46.5% year-on-year, but with a gross margin of 32.9%, up 8.3 percentage points [2]. - The company’s air cooling business saw a significant increase in orders, with a year-on-year growth rate close to 140%, driven by the ongoing demand for energy-saving and carbon reduction initiatives in coal and electricity sectors [2]. - The photovoltaic silicon wafer sales contracted significantly, with market prices for N-type silicon wafers dropping by approximately 33%-43% year-on-year, leading to compressed profit margins [4]. Group 3: Strategic Initiatives - The company is focusing on expanding its green hydrogen production business and has initiated international strategies, including establishing a direct sales network in key domestic markets and developing sales channels in Europe, the Middle East, and South Asia [3]. - A collaboration with ACME for a green ammonia project in Oman, aiming for an annual production of 100,000 tons, has been launched with plans for delivery within 2025 [3]. - The company continues to pursue a major client strategy, maintaining long-term stable partnerships with leading enterprises across both supply and sales channels [5]. Group 4: Future Outlook - The company anticipates significant challenges in its photovoltaic product and new energy equipment businesses due to intensified competition, projecting revenues of 9.85 billion, 11.93 billion, and 14.12 billion for 2025-2027, with year-on-year growth rates of -24.5%, 21.2%, and 18.3% respectively [6]. - The net profit forecast for the same period is expected to be -860 million, 220 million, and 780 million, indicating a trend of narrowing losses and eventual profitability [6]. - The demand in the air cooling and green hydrogen sectors is expected to support stable growth in the company’s equipment business [6].

Core Viewpoint - The company reported a significant decline in revenue and a net loss, indicating ongoing financial challenges [1] Financial Performance - The company achieved an operating revenue of 4.388 billion yuan in the first half of 2025, representing a year-on-year decrease of 37.13% [1] - The net profit attributable to shareholders of the parent company was -599.7 million yuan, which is an improvement of 661 million yuan compared to the same period last year [1] - The basic earnings per share were -0.3185 yuan [1]

Company Overview - Hunan Liujv Energy Equipment Co., Ltd. has been recently established with a registered capital of 5.08 million RMB [1] - The legal representative of the company is Yan Jianmin [1] Business Scope - The company operates in various sectors including sales of furnaces, gas appliances, and household appliances [1] - It is involved in the manufacturing of furnaces and gas appliances, as well as the wholesale of kitchenware and daily necessities [1] - The company also provides services such as equipment leasing, engineering management, and technical consulting [1] Licensing and Regulatory Compliance - The company is authorized to engage in construction engineering (excluding nuclear power station and civil airport construction) and residential interior decoration, subject to relevant approvals [1] - It is required to operate in accordance with the business license and relevant regulatory approvals [1]

Group 1 - The latest stock price of Guanlong Energy is 21.88 yuan, with an increase of 0.53 yuan, representing a rise of 2.48% compared to the previous trading day [1] - The stock reached a high of 21.88 yuan and a low of 21.28 yuan during the trading session, with a total transaction amount of 1.21 billion yuan and a turnover rate of 10.05% [1] - Guanlong Energy operates in the general equipment sector, focusing on the research, production, and sales of energy-saving equipment, with applications in industrial and construction fields across Shanghai and other regions [1] Group 2 - The 5-day moving average is at 21.92 yuan, while the 10-day moving average is at 22.08 yuan, indicating a short-term death cross with a distance of -0.72% between the two averages [1] - On August 15, the net outflow of main funds was 2.905 million yuan, accounting for 0.24% of the circulating market value, with a cumulative net outflow of 42.0619 million yuan over the past five days, representing 3.45% of the circulating market value [1]

Core Insights - The article highlights Shenzhen's efforts to integrate the "Ultra Long-term Special Government Bonds for Energy Equipment Renewal" policy to promote energy conservation and carbon reduction among enterprises, aiming to transition from "energy-saving demonstration" to "zero-carbon benchmark" [1][3] - The "Two New" policy focuses on large-scale equipment updates and the replacement of consumer goods, which is crucial for constructing a new development pattern and promoting high-quality development [1] Group 1: Policy Implementation - Shenzhen is actively promoting the "Ultra Long-term Special Government Bonds" to support energy equipment updates, with a focus on reducing application barriers for small-scale projects in areas like building cooling and lighting [1] - The 2025 policy will adopt a "joint application" model to facilitate more enterprises in securing funding support [1] Group 2: Energy Efficiency Achievements - Shenzhen has made significant progress in energy conservation and carbon reduction, with energy consumption per unit of GDP, water consumption, and carbon emission intensity in 2024 reaching 1/3, 1/8, and 1/5 of the national average, respectively [3] - The ongoing National Energy Conservation Promotion Week emphasizes the theme "Energy Saving and Efficiency Improvement, Leading with 'New'" and includes various educational activities to enhance public awareness of energy conservation and low-carbon development [3]

Core Viewpoint - The article discusses tax incentives for companies investing in environmental protection, energy conservation, and safety production equipment, allowing them to offset 10% of the investment amount against their corporate income tax liability for the year [2][6]. Group 1: Tax Incentives Overview - Companies purchasing and using specialized equipment for environmental protection, energy conservation, and safety production since January 1, 2008, can offset 10% of the investment amount against their corporate income tax [2]. - If the tax liability for the year is insufficient to utilize the full offset, the unused portion can be carried forward for up to five tax years [4][7]. Group 2: Digital and Intelligent Transformation - From January 1, 2024, to December 31, 2027, companies can also offset 10% of the investment in digital and intelligent transformation of specialized equipment, provided the investment does not exceed 50% of the original tax basis of the equipment [6]. - Similar to the general offset, if the current year's tax liability is insufficient, the unused portion can be carried forward for a maximum of five years [7]. Group 3: Calculation Guidelines - The investment amount is defined as the total invoice price of the purchased specialized equipment, excluding refundable VAT and costs related to transportation, installation, and debugging [9]. - For VAT-inclusive invoices, if the VAT input tax is deductible, the investment amount excludes the VAT; otherwise, it includes the total amount stated on the invoice [10][11]. Group 4: Important Considerations - Companies must actually use the specialized equipment to qualify for the tax incentives [15]. - If a company transfers or leases the equipment within five tax years from the purchase or completion of the transformation, the tax benefits must be stopped, and previously offset taxes must be repaid [15]. - Investments made using government funding are not eligible for tax offsets [15]. Group 5: Documentation Requirements - Companies must retain documentation such as purchase lists, invoices, contracts for leased equipment, and proof of the equipment's actual use [16][17]. - For digital and intelligent transformation, a detailed plan or registered technical contract must be prepared and kept for record [18]. Group 6: Case Study - A company that invested 3 million (excluding tax) in intelligent transformation of environmental protection equipment in November 2024 can offset 20,000 against its tax liability based on the calculations provided [20][22][23]. Group 7: FAQs - The tax incentives for self-use purchases and digital transformation can be enjoyed simultaneously, as they do not conflict with each other [27]. - Current valid directories for tax incentives can be found in official notifications from relevant government departments [28][29]. Group 8: Legal Basis - The article references various legal documents and regulations that govern the corporate income tax incentives related to environmental protection and energy conservation equipment [31].