Group 1 - The core theme of the 2025 China Automotive Forum is "Quality Improvement and Innovation for a Smart Future," focusing on industry transformation and international market expansion [2] - The Chinese automotive industry is urged to unite and collaborate for transformation, emphasizing electrification, intelligence, and low-carbon development as key directions [4][5] - The industry is experiencing a historic shift with new energy vehicles becoming the dominant market force, laying a solid foundation for becoming a strong automotive nation [9] Group 2 - The need for innovation in the automotive industry is highlighted, particularly in key technologies related to new energy and intelligent connected vehicles [7] - The establishment of a green low-carbon public service platform aims to standardize carbon footprint disclosure and promote green technologies [13] - The global automotive industry is undergoing unprecedented changes, with a focus on electric, automated, and smart mobility, creating both challenges and opportunities for cooperation between Europe and China [15] Group 3 - Companies are encouraged to build a unified front in the automotive industry, emphasizing quality and innovation over sales volume [17][18] - The importance of maintaining a balance between adhering to core values and adapting to changing consumer demands is stressed [20] - The role of artificial intelligence in various aspects of the automotive industry, including marketing and sales, is recognized as a significant trend for future development [26]

Core Viewpoint - The Ministry of Transport and five other departments in China have issued opinions on promoting high-quality development of inland waterway shipping, emphasizing the active development of new energy and clean energy vessels [1] Group 1: Policy and Development Trends - The new energy clean energy vessels in China's inland waterways are expected to develop in a multi-energy parallel and sequential expansion manner [1] - This trend is driven by continuous optimization of the policy system, breakthroughs in power technology, diversified energy supply, accelerated market demand release, and improved industrial chain collaboration [1] Group 2: Current Status of New Energy Vessels - As of the end of 2024, there are over 600 LNG-powered vessels, 485 pure electric vessels, 4 methanol-powered vessels, and 2 hydrogen fuel cell vessels operating in China's inland waterways [1] - The development and application of electric vessels in China are rapid, with the scale and level of application being globally leading [1] Group 3: Future Development and Research - China's inland waterway fleet is the largest in the world, with diverse vessel types and applications, making it challenging to achieve a comprehensive replacement of a single new energy clean energy source [2] - The Ministry of Transport's Water Transport Scientific Research Institute is conducting research on the technical roadmap for new energy clean energy vessels, focusing on different vessel types and power forms, as well as supporting infrastructure [2]

Group 1 - Yunnei Power has received an administrative penalty notice from the Yunnan Securities Regulatory Bureau and is actively addressing the regulatory requirements by organizing financial and auditing departments to rectify the issues mentioned in the notice [1] - The company is currently operating normally and is focusing on developing emerging business projects centered around smart manufacturing and green manufacturing, with initial sales of intelligent delivery vehicles and smart agricultural machinery [1] - To enhance its sustainable operational capacity, Yunnei Power is implementing multiple measures to improve its current passive business situation [1] Group 2 - In the traditional internal combustion engine sector, Yunnei Power is refining its marketing strategies and brand differentiation for diesel engines, aiming to expand its market presence [2] - The company is increasing the installation ratio in the existing market for non-road diesel engines and transitioning towards larger horsepower engines while exploring new markets such as agricultural machinery and international exports [2] - In the field of new energy powertrains, Yunnei Power is accelerating the development of gasoline and natural gas range-extended powertrains and hydrogen fuel cell powertrains, aiming for breakthroughs in the new energy market [2] Group 3 - On the international front, Yunnei Power is focusing on Southeast Asia, Africa, South America, and the Middle East to enhance its export capabilities and expand its international market presence [3] - The recent administrative penalty has negatively impacted the company's image, but it is expected to drive improvements in governance, internal control, and management standards, ultimately benefiting the company's long-term sustainable development [3] - The company plans to use this opportunity to continuously improve its internal governance system and enhance the quality of financial reporting and operational standards [3]

Market Overview - The indices collectively experienced slight increases, with the Shanghai Composite Index, Shenzhen Component Index, and ChiNext Index rising by 0.48%, 0.47%, and 0.22% respectively, indicating a mixed market sentiment [4]. Hydrogen Energy Sector - The hydrogen energy sector saw significant early gains, with stocks like Hupoo Co., Meijin Energy, and Jingcheng Co. experiencing sharp increases [7]. - Although the sector initially rose over 1%, it later retraced but ultimately closed up by 0.8%, suggesting a rotation of funds within the sector [8]. Real Estate Sector - The real estate sector showed strong performance, with stocks such as Yuhua Development and Greenland Holdings hitting their daily limits, contributing to a sector increase of 2.91% [10][11]. - The market's positive sentiment was likely fueled by expectations of favorable policies from upcoming top-level meetings [11]. New Urbanization - The new urbanization sector experienced a rebound, closing up by 1.09%, with stocks like Meili Ecology and New City achieving consecutive gains [13]. - The sector's performance was supported by announcements from the National Development and Reform Commission regarding the goals for urbanization by 2035, although the market had already reacted positively prior to this news [13]. Stablecoin Concept - The stablecoin sector experienced volatility, with stocks like Changliang Technology and Yinzhijie showing brief surges before declining [14][17]. - The sector's fluctuations were influenced by news of Ant Group collaborating with Circle Internet to integrate USDC stablecoin into its blockchain platform, which initially boosted market sentiment [14][15].

以下文章来源于Siltrax海晫新能源 ，作者海晫新能源 Siltrax海晫新能源 . 浙江海晫新能源科技有限公司以硅基双极板替代氢能行业中传统的石墨、金属和复合材料双极板，研发 和生产出具有世界先进水平的PEM氢燃料电池、PEM电解槽及其系统解决方案和产品。 "宁波膜智信息科技有限公司"为势银（TrendBank）唯一工商注册实体及收款账户 势银研究： 势银产业研究服务 重要会议： 2025势银绿氢产业大会（8月27-28日，江苏·无锡） 点此报名 添加文末微信，加 绿氢 群 经 TÜV 莱茵认证的燃料电池在体积、重量和性能上树立新标杆 —— 推动航空航天、船舶和 交通运输业的 发展。 势银数据： 势银数据产品服务 势银咨询： 势银咨询顾问服务 重要会议： 2025势银（银川）长时储能产业大会（7月14日-15日，宁夏·银川） 点此报名 悉尼， 2025 年 7 月 9 日 – 燃料电池创新领域的 先进 企业 —— Siltrax 宣布，其氢燃料电 池实现了有记录以来最高的体积功率密度和 质量 功率密度。 经独立第三方机构 TÜV 莱茵（ TÜV Rheinland ）测试验证， Siltrax 专有的 1 ...

Core Viewpoint - Yunnei Power has received an administrative penalty notice from the Yunnan Securities Regulatory Bureau, indicating a need for regulatory compliance and governance improvement, while the company is actively working on rectification measures to mitigate the impact and plans to apply for the removal of risk warnings when conditions permit [1] Group 1: Business Operations and Strategic Transformation - The company emphasizes that its production and operational activities are currently normal and orderly, focusing on consolidating its traditional internal combustion engine business while actively expanding into intelligent and green manufacturing sectors [2] - The company has achieved small-scale sales in unmanned intelligent delivery vehicles and smart agricultural machinery, which are expected to become new growth points for performance in the future [2] - To enhance sustainable operational capabilities, the company is optimizing its business structure through various measures, including refining marketing strategies and promoting product differentiation in the diesel engine sector [2] Group 2: New Energy and Emerging Business - The company is accelerating the development of gasoline engine range-extended powertrains, natural gas range-extended powertrains, and hydrogen fuel cell powertrains to achieve breakthroughs in the new energy market [3] - The company continues to promote L4-level intelligent delivery vehicles and smart rubber tapping machines, broadening application scenarios and adaptability [3] Group 3: International Market Expansion - The company is focusing on Southeast Asia, Africa, South America, and the Middle East for international market expansion, increasing the export of its products alongside automotive manufacturers or trading companies [3] Group 4: Governance and Long-term Competitiveness - Despite the short-term impact of regulatory measures on the company's market image, it is expected to enhance governance, internal control systems, and management levels in the long run, contributing to improved quality and sustainable development of the listed company [4] - The company aims to use this rectification as an opportunity to further improve internal governance, strengthen compliance operations, and enhance the quality of financial accounting and information disclosure for long-term stable development [4]

针对这些问题，研究人员提出分别独立设定源头减碳目标和碳移除目标的策略。通过设定这两个降碳目 标，用"两条腿"走路，合力实现总体的净零目标。研究人员认为，源头减碳与碳移除并非对立的关系， 应该同时为两者设定各自的目标，这不仅有助于加快减排进程，还能促进碳移除技术的发展，破解碳移 除和全球减碳的困局。 研究表明，与未明确区分源头减碳和碳移除目标的做法相比，单独设定目标在短期降碳、碳中和实现年 份、负碳排放出现的时间点以及最大升温幅度等方面，都能带来更好效果。 据介绍，全球降碳的关键，一方面是源头减碳，如采用风电、氢燃料等能源，降低化石燃料使用比例； 另一方面是后期除碳，如采用植树造林、空气捕集碳等方法，降低大气中碳浓度。 当前，源头减碳是世界各国的重要抓手。但是，按照目前的碳排放速度，如果要达到2100年温升不超过 1.5℃的目标，剩余的碳预算可能在未来5年内耗尽。因此，单纯从源头减碳无法满足给地球降温设定的 目标。在这一背景下，碳移除是实现全球碳排放降低、给地球降温的重要举措。然而，目前全球气候政 策仅关注实现碳净零排放，并未具体说明如何平衡源头减碳与后期碳移除。"将减排期望寄托于未来的 碳移除，如同使用信用卡 ...

证券研究报告 | 行业周报 2025 年 07 月 09 日 电力设备及新能源 PEM、AEM 电解槽技术有所突破，多地发布推动氢能发展政策 行情回顾：截至 2025 年 7 月 4 日，氢能源指数收盘价为 2135.09 点，本 周涨跌幅为 1.03%，2025 年初至今涨跌幅为 20.16%。氢能行业周涨幅前 五的公司为雪迪龙、凯美特气、盛德鑫泰、中材科技、华光环能，涨幅分 别为 31.74%、27.46%、22.40%、20.71%、20.06%；氢能行业周跌幅前 三的公司为光智科技、泰和科技、新迅达，跌幅分别为-15.82%、-9.40%、 -9.13%。 重点事件点评：内蒙古 12 套 1000Nm³/h 碱槽氢储项目获备案；全国首条 跨省绿氢管道内蒙古段获批；东莞首批氢能两轮车投运；摩洛哥大型绿色 氢能项目最新进展；英特利制氢电源保障 ACWA 乌兹别克斯坦绿氢工厂产 氢成功；乌兹别克斯坦塔什干绿氢项目成功实现产氢；广州启动氢车与加 氢站全面接入市新能源智能汽车监测平台工作；四川推动氢能"制储运用" 一体化，引领商业化新进程；六部委发展新能源清洁能源船舶，推动氢燃 料电池动力技术应用；明阳氢能新一 ...

专利摘要显示，本发明涉及车辆技术领域，具体公开了氢燃料电池车制动能量回收方法、回收系统及车 辆，A10：实时监测车辆的状态；A20：判断车辆是否制动，若是，则执行A30，若否，则返回A10； A30：制动再生模块启动且向动力电池充电；A40：根据动力电池的电量，调节制动再生模块向动力电 池供电，还是向制氢模块供电，制氢模块制得的氢气充入氢罐内。通过检测车辆的状态，以判断车辆是 否处于制动状态，若车辆处于制动状态，则制动再生模块启动，以将车辆的制动能转化为电能，且将电 能提供给电池，与此同时，监测车辆的电量状况，避免动力电池过充的同时，将多余的电能提供给制氢 模块，用于使产生的电能发生电解水反应，以制得氢气，以供燃料电池反应产生电能。 天眼查资料显示，一汽解放汽车有限公司，成立于2002年，位于长春市，是一家以从事汽车制造业为主 的企业。企业注册资本1080301.25万人民币。通过天眼查大数据分析，一汽解放汽车有限公司共对外投 资了23家企业，参与招投标项目5000次，财产线索方面有商标信息272条，专利信息5000条，此外企业 还拥有行政许可187个。 金融界2025年7月8日消息，国家知识产权局信息显示， ...

Domestic News - The Ministry of Industry and Information Technology (MIIT) is soliciting public opinions on three mandatory national standards, including the speedometer for automobiles and motorcycles, with a deadline of August 30, 2025. The revisions include changes to the scale value marking and requirements for electronic digital speedometers [2][3] - Starting January 1, 2026, new regulations will require all newly approved passenger vehicles to be equipped with Anti-lock Braking System (ABS) to enhance vehicle stability during emergency braking. Additionally, the new standards will prohibit the default "single pedal mode" for energy recovery systems in electric vehicles [4][5] - In the first five months of 2025, Shaanxi Province exported 155,000 new energy vehicles, marking a 173% increase year-on-year, surpassing the total export volume of 147,000 vehicles for the entire year of 2024. The province's total vehicle production reached 789,000 units, a 29.3% increase [6][7] - CATL and Geely have signed a strategic cooperation agreement to deepen collaboration in battery technology and supply chain development [8] - Changan Automobile has opened its first flagship store in Norway, launching the Deep Blue S07 model, which is tailored for the European market [9] - BYD Energy has signed a cooperation framework agreement with State Grid Hunan Comprehensive Energy Service Co., aiming for deep collaboration in distributed energy storage [10][11] - Pony.ai has initiated autonomous driving pilot tests in Dubai, with plans for commercial operation by 2026 [12] - Faurecia China and GAC Huawang have established a joint venture to enhance their competitive edge in the market [13] International News - In June, the UK saw a 6.8% year-on-year increase in new car registrations, with electric vehicle demand rising by 39.1% [14] - The Czech Republic has become the second European country to legally allow Level 3 autonomous vehicles on public roads, effective January 1, 2026 [15] - Hyundai has begun construction of a hydrogen fuel cell factory in Ulsan, South Korea, expected to be operational by 2028 [16] - Tesla has expanded its Full Self-Driving (FSD) testing to Spain, following previous expansions in other European countries [17] Commercial Vehicles - Sichuan Province is promoting the development of hydrogen fuel cells and hydrogen-powered heavy trucks as part of its new industrial strategy [18] - Dongfeng Motor has delivered its first batch of the new Dongfeng Dolika Kangluwei light trucks [19] - BYD's Shark pickup has become the best-selling domestic pickup in Australia, with a 368% increase in registrations year-on-year [20] - Guangzhou Yuanchen New Energy Commercial Vehicle Company has officially launched, focusing on the electrification of public transport and logistics vehicles [21]