转自：新华财经 四川不仅是我国西部资源富集之地，坐拥丰富的矿产、水能、天然气等战略资源，更是长江上游重要的 生态屏障和国家生态文明建设的重要区域。建设银行四川省分行积极响应国家战略号召，深入践行"绿 水青山就是金山银山"理念，以一系列扎实有力的实践与举措，将生态文明价值观深度融入金融服务脉 络，有序推进金融资源向清洁能源、绿色交通、节能环保等领域配置，助力四川将资源禀赋转化为绿色 发展动能，持续描绘蜀地绿色转型与高质量发展新图景。 赋能资源安全：打造绿色矿山，破解"卡脖子"难题 面对我国铁矿石进口依存度超过80%、供应链安全面临严峻挑战的宏观背景，破解矿产资源"卡脖子"困 境已成为保障国家战略安全的迫切命题。 四川省攀枝花市，地处川滇交界处，因蕴藏丰富的战略资源而被誉为"钒钛之都"。位于攀枝花市盐边县 的红格南钒钛磁铁矿，是目前全国储量规模最大、共伴生元素最多、资源潜在价值最高的钒钛磁铁矿， 其开发建设已被纳入国家"基石计划"和《国家矿产资源总体规划（2021-2025年）》，成为保障国家资 源安全、提升战略资源自主可控能力的重大战略项目。 磁铁矿山 图为红格南钒钛 在这一关乎国家战略的重大领域，建设银行成都 ...

三晋大地红色底蕴深厚，从武乡八路军总部的烽火岁月到左权十字岭的英雄壮歌，再到阳泉百团大战的 辉煌战绩、兴县蔡家崖晋绥边区的峥嵘过往，山西革命老区既承载着厚重的历史记忆，又在新时代振兴 征程中满怀发展期待。建行山西省分行立足这片红色的热土，创新金融产品与服务模式，下沉服务重 心，助力老区产业转型发展，让革命老区的高质量发展之路越走越坚实。 光伏添翼 赋能乡村 在太行山深处的武乡县，一场绿色能源革命正在这片红色热土上蓬勃展开。蟠龙镇红龙山上，绵延数里 的蓝色光伏板在阳光下熠熠生辉，犹如一块块铠甲镶嵌在山间，勾勒出一幅"板上发电、板下种植"的生 态画卷。 华电福新武乡光伏一体化项目是当地绿色转型的重点工程，总投资5亿元，在蟠龙镇建设"光伏+农业"基 地。项目推进过程中，因资源配置和维护成本高、大量雇用当地劳动力等因素出现资金紧缺情况，一度 停滞不前。 注入金融活水后，该项目实现民生、产业、生态三重效益：为6万居民提供稳定供热，室温达标率保持 100%；助力腐竹厂日产能提升30%，乳胶品次品率下降15%；年减排二氧化硫800吨，节约标煤3万吨， 打造了能源循环利用的示范样板。如今，华能热电联产项目源源不断地为这座英雄 ...

"十四五"时期，是我国生态文明建设和生态环境保护工作具有里程碑意义的五年，我国实现了从重 点打好污染防治攻坚战向全面推进美丽中国建设的跨越式转变。 生态环境部部长黄润秋在近日举行的国新办发布会上介绍，"十四五"以来，深入推进以生态环境为 导向的项目开发新模式创新，有100多个项目获得金融机构支持，已获得授信金额2164亿元，发放贷款 764亿元。 《2025年第二季度中国货币政策执行报告》显示，信贷投向结构加速优化，绿色金融为经济可持续 发展提供有力支持。绿色贷款余额由2019年末的9.9万亿元增长至2024年末的36.6万亿元，年均增速超过 20%。 "在需求端，'双碳'目标推动企业提速生产经营低碳转型，对绿色融资的需求持续攀升，为绿色贷 款规模扩张提供坚实的需求基础；在供给端，银行将绿色领域视作未来信贷业务的核心增长点之一，持 续积极创新绿色金融产品体系，有效拓宽绿色贷款供给渠道。"苏商银行特约研究员高政扬在接受《金 融时报》记者采访时表示。 破除融资痛点，把绿色项目"贷"动起来 邮储银行行长刘建军表示，邮储银行始终担当绿色金融的践行者，累计成立碳中和支行、绿色支行 等绿色金融机构45家。 "下一阶段，我 ...

农行江门分行工作人员走访企业，实现金融资源与绿色产业的精准对接。 绿色发展是高质量发展的底色，更是"十四五"规划明确的重要战略方向。"十四五"时期，我国大力推动 经济社会发展绿色化、低碳化，持续完善绿色金融体系，为生态环境保护与产业升级提供有力支撑。近 年来，农行江门分行坚决扛起国有银行责任担当，以绿为笔、金融为卷，将绿水青山转化为可触可感的 金融实践，实现绿色金融业务规模稳步增长，绿色金融服务质效持续提高。截至8月末，该行绿色信贷 余额达194.5亿元，比年初增加35.4亿元，增速高于全行各项贷款增速，绿色金融发展跑出"加速度"， 为"十四五"时期江门绿色低碳转型注入坚实金融力量。 引金融"活水" 助力"污水"变"净水" 江门某环保公司作为江门地区规模较大的污水处理企业，运营管理多座镇级以上污水处理厂。由于公用 设施需要大规模基础设备投入以及高昂运营维护成本，企业急需流动资金补充。 在了解到该企业的金融需求后，农行江门城区支行积极响应、迅速行动，通过精准制定融资方案、开通 绿色审批通道，为该企业发放了5000万元的信贷资金，有效缓解企业的资金压力，保障了污水处理工作 的正常运营，助力解决城乡污水处理问题。 ...

2025年以来，中国经济保持稳中有进、稳中向好的发展态势，资本市场在全球经济复杂波动中展现出强 劲韧性与活力，主要指数创出年内新高，市场活跃度持续提升。在新"国九条"框架下，资本市场基础制 度持续完善，市场生态不断优化，内在稳定性显著增强。 本轮资本市场改革所呈现出的系统性深化特征，为证券行业中长期高质量发展、业务扩容及模式升级筑 牢根基。中金公司作为国有金融机构的中坚力量，始终牢记服务国家战略的使命，充分发挥链接资本市 场资金供给端和实体经济资金需求端的桥梁作用，持续在服务科技创新、绿色转型、高水平对外开放等 领域积极作为，交出了一份亮眼的"十四五"答卷。 赋能实体经济 攻坚核心战略领域 当前，中国式现代化建设进入关键阶段，证券行业作为直接融资的核心载体，正从"规模扩张"向"质量 提升"转型，积极服务科技自立自强、绿色低碳发展等国家战略。 绿色金融是中金公司服务高质量发展的另一重要抓手。"十四五"期间，我国绿色金融与市场机制不断完 善，形成了绿色信贷、绿色债券、绿色保险、绿色基金、绿色信托等多层次绿色金融产品和市场体系， 碳排放权交易制度也在科学合理控制总量的前提下得以建立。 立足经济绿色转型和可持续发展的 ...

证券研究报告 | 金融工程 2025 年 09 月 29 日 金融助力绿色转型征程（一）：公募基金绿色投资五年演进与展望 ——ESG 系列研究之十四 过去五年，中国绿色公募基金在政策与市场双轮驱动下迅速成长，整体绿色成 色持续提升，但资金高度集中于新能源赛道，呈现高集中度、高波动特征，与 更广泛的绿色经济结构存在偏差。展望未来，国内绿色金融因坚实的内需与政 策连续性而具备独特韧性，随着新一轮 NDC 目标确立，绿色投资需在盈利确定 性与政策导向之间寻找平衡，挖掘能源转型主线之外的投资机遇。 风险提示： 1. 数据与分类风险：本报告基于公开披露信息和绿色收入/产业分类进行分析， 相关标签具有一定主观性，信息披露质量存在差异，可能导致分类偏差或数据 不完全，分析结论仅供参考。 2. 政策与技术风险：绿色产业发展高度依赖政策支持，相关政策或技术迭代的 超预期变化可能影响行业景气、企业盈利及基金持仓回报。 3. 行业周期与市场风险：宏观经济、金融市场波动及行业自身周期可能对绿色 板块带来系统性冲击；部分绿色制造或基础设施类资产的盈利路径受周期和市 场流动性限制，可能导致收益不及预期。 任瞳 S109051908000 ...

Core Viewpoint - Jiangsu Bank has surpassed Beijing Bank with a total asset scale of 4.79 trillion yuan, becoming the leading city commercial bank in China, supported by strong profitability and strategic regional focus [1][17]. Group 1: Financial Performance - In 2024, Jiangsu Bank achieved a net profit of 33.306 billion yuan, averaging over 91 million yuan daily, with a further increase to 20.238 billion yuan in the first half of 2025, averaging over 112 million yuan daily [1]. - The bank's net interest margin has been under pressure, yet it has managed to grow its net interest income by 21.94% year-on-year in Q1 2025 [9]. Group 2: Regional Focus and Strategy - Jiangsu Bank's growth is attributed to its deep engagement in the Yangtze River Delta and a precise service strategy for the real economy, benefiting from the region's economic advantages [2]. - The bank's loans to the manufacturing sector grew by 19.41% year-on-year, and loans to scientific research and technical services surged by 141.09%, both significantly above industry averages [2]. Group 3: Business Optimization and Digital Transformation - The bank has optimized its asset-liability management and retail business, enhancing its profitability through a dual strategy of cost reduction and revenue increase [7]. - As of Q1 2025, the retail assets under management (AUM) exceeded 1.5 trillion yuan, positioning Jiangsu Bank as a leader among city commercial banks [9]. Group 4: Risk Management and Brand Development - Jiangsu Bank's non-performing loan ratio decreased to 0.84% by June 2025, continuing a four-year downward trend, significantly lower than the industry average of 1.18% [10]. - The bank's provision coverage ratio reached 350.10% by the end of 2024, well above the industry average, indicating strong risk mitigation capabilities [13]. Group 5: Future Outlook - Jiangsu Bank aims to integrate its development with the high-quality growth of the regional economy, focusing on smart, distinctive, international, and comprehensive strategies [15]. - The bank's brand influence has been enhanced through innovative marketing strategies, such as sponsoring local sports events, leading to a significant increase in app downloads and younger customer acquisition [10][14].

Group 1 - The core viewpoint of the articles emphasizes the efforts of the Weifang banking sector in promoting high-quality financial services to support economic development, particularly through technology finance, green finance, inclusive finance, and digital finance [1][11][30] - Weifang banks have established 14 technology branches or specialized institutions to enhance financial support for technology enterprises, resulting in significant growth in loans to high-tech and specialized small and medium-sized enterprises [3][4] - The banking sector has seen a rapid increase in green credit, with a balance of 215 billion yuan as of June 2025, reflecting a growth rate of 13.36%, which is higher than the average growth rate of other loans [11][30] Group 2 - The Weifang banking industry has implemented various financing solutions for local enterprises facing capital constraints, such as providing tailored financing plans and quick loan approvals to support production expansion [4][14][21] - The introduction of innovative financial products like "订货快贷" (Order Quick Loan) has significantly improved loan approval efficiency for small and micro enterprises, reducing processing time from weeks to minutes [22][35] - The establishment of a dedicated pension finance service team has led to a substantial increase in loans directed towards the elderly care industry, with a loan balance of 6.45 billion yuan as of mid-2025, marking a growth of 159.13% [30][32] Group 3 - The Weifang banking sector is actively enhancing digital financial services, with 27 banks implementing digital credit approval systems, resulting in a 40.92% increase in loans to the digital economy sector [34][35] - The development of a cloud platform for photovoltaic payment solutions has attracted over 40 local photovoltaic companies, facilitating efficient payment processes and addressing cash flow challenges in the industry [34] - The use of patent pledges as a financing solution has enabled high-tech companies to secure funding despite lacking traditional collateral, demonstrating the innovative approaches being adopted in the banking sector [35]

9月19日召开的国务院常务会议（以下简称"会议"）指出，美丽中国建设是一项长期的系统性工程，需 要久久为功。 会议明确美丽中国建设的系统性与长期性。银行作为金融资源配置的主导力量，应主动扛起责任，将金 融活水精准注入生态建设脉络，成为推动美丽中国建设行稳致远的持久动力源。 会议提出"以高水平保护增强绿色发展动能"。这一要求为银行找准业务发力点提供了根本遵循。绿色发 展绝非简单的环保投入，而是要通过金融资源的定向配置，实现生态保护与经济增长的良性循环。银行 需强化重点领域绿色信贷投放力度，既要聚焦绿色基础设施建设与清洁能源项目落地，为新型能源体系 构建提供资金支撑；也要紧盯传统产业绿色升级需求，以金融杠杆倒逼高耗能企业降低资源环境代价， 在保护与发展之间搭建起高效转化桥梁。从实践逻辑来看，银行的核心价值正体现于双向赋能：一方面 通过中长期稳定融资，助力能源结构转型提速；另一方面借助信贷引导，推动生态保护成果转化为可持 续的经济增长动能，让保护与发展相互促进、协同共进。 美丽中国的核心，始终是满足人民群众对宜居环境的向往。会议强调"聚焦人民群众期盼加大工作力 度"。这就要求银行将服务重心下沉，聚焦民生期盼，让金融 ...

Core Viewpoint - The article emphasizes the significant role of green finance in China's economic transformation towards sustainability, highlighting its contribution to global green governance and the achievement of carbon neutrality goals. Group 1: Green Finance as a Key Driver - Green finance is a crucial component of China's strategy to build a financial powerhouse and is essential for promoting a comprehensive green transformation of the economy and society [1] - Financial institutions are pivotal in this process, acting as key players in facilitating the transition to a green economy [1] Group 2: Support for Green New Momentum - Financial institutions are increasingly adopting systematic approaches to support green new momentum, providing initial funding through green industry funds, private equity financing, and green credit for emerging green technology companies [2] - During the growth phase, they assist companies in accessing direct financing through IPO underwriting and sponsorship, directing funds towards R&D, capacity expansion, and market development [2] - For mature companies, they offer tools like green corporate bonds and asset-backed securities to ensure ongoing development and market position [2] Group 3: Innovation in Green Finance - Financial institutions are innovating to create a modern green finance ecosystem, focusing on product diversification to meet the varied needs of different market participants [3] - New financial products include green notes, green supply chain finance, ESG-themed investment products, carbon-neutral bonds, and sustainability-linked loans [3] - The use of digital technology is enhancing the efficiency and precision of green finance services, with AI and big data improving green identification and blockchain ensuring transparency in fund allocation [3] Group 4: Risk Management and International Cooperation - Financial institutions are integrating climate risk into their risk management frameworks, enhancing their ability to identify and respond to climate-related risks [4] - They are also engaging in international cooperation to share best practices and tackle global climate challenges collectively [4] - By strengthening risk management and fostering international collaboration, financial institutions are positioning themselves as responsible players in global climate governance [4]