随着全球气候变化加剧及"双碳"战略深入实施，零碳园区作为绿色低碳发展的前沿阵地，正从概念探索 迈向规范化建设新阶段。7月，国家发展改革委、工业和信息化部、国家能源局联合发布《关于开展零 碳园区建设的通知》，为零碳园区建设提供了顶层设计方案。在此背景下，如何通过政企协同破解建设 难题，电网企业如何发挥技术与服务优势助力零碳转型，成为行业关注的焦点。 零碳园区政策解读 近年来，零碳园区建设的加速推进，离不开国家与地方政策的梯次发力，目前已逐步形成国家统筹、省 域特色、地市落地的多级政策体系，为园区零碳转型提供了清晰指引。 各地依托政策引导与资源优势，探索出各具特色的零碳园区建设路径，为行业提供了鲜活样本。 苏州工业园区零碳示范区以"绿色、低碳、智能"为核心理念，通过多维度措施推进零碳转型：在能源结 构上，利用园区内厂房屋顶和空地建设分布式光伏发电系统，推广地源热泵技术满足建筑冷暖需求，建 设智能微电网优化能源配置；在产业端，引入绿色建筑标准提升能效，发展循环经济实现废弃物资源化 利用。到2025年，苏州工业园区零碳示范区预计实现可再生能源占比达到30%以上，碳排放强度较2020 年下降50%以上，基本建成零碳排放 ...

丨证券研究报告丨 公司研究丨点评报告丨禾迈股份（688032.SH） [Table_Title] Q2 微逆销量环比小增，储能等其他业务增长明 显 报告要点 [Table_Summary] 禾迈股份发布 2025 年半年报，2025H1 公司实现收入 10.05 亿元，同比增长 10.78%；归母净 利 0.16 亿元，同比下降 91.33%；其中，2025Q2 实现收入 6.69 亿元，同比增长 16.14%，环 比增长 99.08%；归母净利 0.27 亿元，同比下降 77.87%，环比扭亏。 分析师及联系人 [Table_Author] 邬博华 曹海花 王耀 SAC：S0490514040001 SAC：S0490522030001 SAC：S0490524120006 SFC：BQK482 禾迈股份（688032.SH） cjzqdt11111 [Table_Title Q2 微逆销量环比小增，储能等其他业务增长明 2] 显 [Table_Summary2] 事件描述 禾迈股份发布 2025 年半年报，2025H1 公司实现收入 10.05 亿元，同比增长 10.78%；归母净 利 0.16 亿元，同 ...

Core Viewpoint - The news highlights the performance and business activities of Hangzhou Hemai Electric Power Electronics Co., Ltd., focusing on its growth in the photovoltaic and energy storage sectors, as well as its recent stock movements and shareholder activities. Group 1: Company Overview - Hangzhou Hemai Electric Power Electronics Co., Ltd. specializes in the research, manufacturing, and sales of photovoltaic inverters, energy storage products, and electrical equipment [2][7] - The company's main products include micro-inverters, monitoring equipment, distributed photovoltaic power generation systems, modular inverters, and energy storage systems [2][7] - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, indicating its strong market position and technological capabilities [2] Group 2: Financial Performance - As of March 31, the company reported a revenue of 336 million yuan for the first quarter of 2025, representing a year-on-year growth of 1.46%, while the net profit attributable to shareholders was a loss of 10.36 million yuan, a decrease of 115.39% year-on-year [8] - The company's overseas revenue accounted for 64.25% of total revenue, benefiting from the depreciation of the RMB [3] Group 3: Stock Market Activity - On August 13, the company's stock price increased by 2.55%, with a trading volume of 202 million yuan and a turnover rate of 1.46%, bringing the total market capitalization to 13.92 billion yuan [1] - Hangzhou Kaikai Holdings Group announced plans to increase its stake in Hemai, with an investment of no less than 111.5 million yuan and up to 223 million yuan, supported by a special loan from China CITIC Bank [3] Group 4: Technical Analysis - The average trading cost of the company's shares is 108.82 yuan, with the stock price approaching a resistance level of 113.45 yuan, indicating potential for upward movement if the resistance is broken [6]

Group 1 - The article highlights the efforts of the State Grid Rushan Power Supply Company in organizing a service team to conduct inspections of distributed photovoltaic systems in Zhuwang Town [1] - The focus of the inspections includes a comprehensive safety check of photovoltaic equipment components, inverters, and distribution boxes to ensure the safe and stable operation of solar power generation systems [1] - The initiative aims to support photovoltaic customers in achieving maximum power generation efficiency [1]

Core Viewpoint - The article discusses the performance and business operations of Hangzhou Hemai Electric Power Electronics Co., Ltd., highlighting its involvement in the photovoltaic inverter and energy storage sectors, as well as recent financial activities and market trends. Company Overview - Hangzhou Hemai Electric Power Electronics Co., Ltd. specializes in the research, manufacturing, and sales of photovoltaic inverters, energy storage products, and electrical equipment [2][7] - The company's main products include micro-inverters, monitoring equipment, distributed photovoltaic power generation systems, modular inverters, and energy storage systems [2][7] - The company has been recognized as a "specialized, refined, distinctive, and innovative" small giant enterprise, indicating its strong market position and innovation capabilities [2] Financial Performance - As of March 31, the company reported a revenue of 336 million yuan, representing a year-on-year growth of 1.46%, while the net profit attributable to shareholders was a loss of 10.36 million yuan, a decrease of 115.39% year-on-year [8] - The company's overseas revenue accounted for 64.25% of total revenue, benefiting from the depreciation of the RMB [3] Market Activity - On July 30, the company's stock price fell by 1.21%, with a trading volume of approximately 98.91 million yuan and a market capitalization of 12.907 billion yuan [1] - The company is set to receive an investment from Hangzhou Kaikai Holdings Group, with plans to increase its stake in Hemai shares by no less than 111.5 million yuan and no more than 223 million yuan [3] Technical Analysis - The average trading cost of the stock is 108.88 yuan, with the stock price approaching a resistance level of 105.70 yuan, indicating potential for a price correction if this level is not surpassed [6]

Core Viewpoint - Hainan Tianeng Power Company has successfully completed the filing for two photovoltaic projects at airports, marking a significant step in the integration of renewable energy in Hainan's transportation infrastructure [2][3] Group 1: Project Details - The Qionghai Boao International Airport project features a 5.18MW solar energy storage and direct current integration system, making it the first of its kind in Hainan and the second nationwide [2] - The project will utilize approximately 31,100 square meters of idle space at the airport, including rooftops and parking lots, and is expected to generate an annual electricity output of 6.49 million kilowatt-hours [2] - The Sanya Phoenix Airport project will implement a 667kW photovoltaic power station using BIPV technology on 2,823 square meters of idle rooftop space, with an estimated annual electricity generation of 843,200 kilowatt-hours [3] Group 2: Strategic Implications - These projects align with Hainan's green low-carbon development strategy and the national "dual carbon" goals, showcasing Tianeng Power's commitment to sustainable energy solutions [2] - The implementation of these energy systems is expected to significantly reduce energy procurement costs and carbon emissions for both airports, enhancing the overall efficiency and safety of their energy supply [3]

本文转自【新华社】 从运煤列车进港到货轮出港，先进的环保技术应用于"卸、堆、取、装"全生产过程 以海湾为纽带，串联起生态、产业、人文的协同发展链条，"生态改善—富民强市—海湾更美"的良性循 环正在加速形成 文 |《瞭望》新闻周刊记者 郭雅茹 初夏的秦皇岛港湾，碧波轻漾倒映着现代化港口的繁忙身影。工业码头与生态景观和谐相融。 秦皇岛港湾是煤炭能源输出大港秦皇岛港所在地，作为港口产业型海湾，一度面临较大污染治理压力。 煤炭进出港全程的环保治理、能源向新发展、老旧工业区绿化改造为旅游园区等系列有力举措，正推动 工业港口与美丽海湾共生共荣。 煤港"一尘不染" 在秦皇岛港湾，27.66公里的海岸线自东向西绵延，工业港口占岸线和水域大部分。这里作为能源大动 脉日均吞吐煤炭近50万吨。 从运煤列车进港到货轮出港，先进的环保技术已应用于"卸、堆、取、装"全生产过程。 在秦皇岛港东港区，一列满载煤炭的万吨列车被缓缓牵引至封闭式卸车机房内。《瞭望》新闻周刊记者 看到，载有240吨煤炭的3节车厢被翻转车瞬间"抱住"，旋转150度后，煤炭被卸一空。从牵引进入到翻 卸完毕，整个过程用时不足3分钟。过程中，卸煤自动喷淋、干雾抑尘、底层动 ...

Group 1: Financial Performance - The company's 2024 operating revenue increased by 17.60%, while net profit decreased by 45.10% due to rising costs and slow accounts receivable recovery [4][5] - The gross profit margin for the main business in 2024 was 37.62%, indicating a good profitability level [4] - The net cash flow from operating activities increased by 121.62% year-on-year, reflecting improved cash flow management [4] Group 2: Business Strategy and Market Position - The company aims to enhance its market share in water environment governance through technological innovation and project management [3][6] - In the waste incineration and solid waste resource recovery sector, revenue grew by 15.07%, with strategies to broaden waste sources and improve operational efficiency [3][4] - The company plans to optimize its debt structure and reduce financial costs by replacing high-interest loans with lower-rate options [5] Group 3: Research and Development - In 2024, the company invested CNY 22.11 million in R&D, a year-on-year increase of 18.95%, to strengthen its competitive edge [6] - The company focuses on integrating modern information technology with core environmental technologies to provide comprehensive pollution control solutions [3][6] Group 4: Industry Outlook and Challenges - The environmental protection industry is expected to face greater opportunities and challenges as China accelerates the development of a green, low-carbon economy [5][6] - The company is committed to maintaining a stable growth trajectory in its dual main businesses of water and solid waste management [4][5]