自行采购专区采用"综合馆+专业馆"的运营模式。其中，"综合馆"重点针对办公用品、日用百货等小额 零星采购需求，引入大型综合（供应链）电商和品牌电商统一管理，利用其规模化仓储物流、品控体系 和技术平台，进一步降低政府采购成本，有效提升了采购效率。截至目前，"综合馆"已上架商品5.6万 款，涵盖7大类150个品目，充分满足了采购人"小金额、高频次"的采购需求。"专业馆"部分，"福建特 色商品馆"汇聚了茶叶、菌菇、工艺品等本土特色商品，"绿色建材馆"则聚焦节能环保产品，为采购单 位提供绿色低碳的采购选择。 作为第三方运营管理机构，福建省数据流通控股有限公司创新构建了"AI+人工"双轨监管体系，由AI巡 检系统对平台全量商品的价格、参数及品目匹配度进行实时检查；人工团队则专注审核品牌资质与参数 合规性，从源头上杜绝价格虚高等问题。同时，平台还充分发挥数据要素价值，通过大数据分析为供应 商决策提供支持，可实时生成采购分析报告，帮助供应商优化商品计划。 据悉，下一步，该平台将开发采购趋势预测、供应商信用评估等数据产品，为采购监管和决策提供更精 准的数据支持。（记者 张辉 通讯员 张蓓） 作为省级政府采购数字化平台的核心载 ...

Core Viewpoint - Shenzhen Energy has signed a partnership agreement to establish a private equity investment fund focused on the renewable energy sector, with a total fund size of RMB 1 billion [1] Group 1: Fund Establishment - The fund is named Shenzhen Deep Investment Control East Sea New Energy Industry Private Equity Investment Fund Partnership (Limited Partnership) [1] - The fund will be managed by Shenzhen Investment Control East Sea [1] - Shenzhen Energy will contribute RMB 10 million as a limited partner in the fund [1] Group 2: Investment Focus - The fund will invest 100% of its available capital in the renewable energy sector [1] - Key investment areas include digital power grids, charging and swapping facilities, wind, solar, hydroelectric power, natural gas, hydrogen energy, energy conservation and environmental protection [1] - The fund will also focus on core materials and components, key parts and products, comprehensive solutions, and infrastructure construction within these sectors [1]

Group 1 - The core point of the article is that Jingyuntong (SH 601908) announced its sixth board meeting on August 28, 2025, where it reviewed the semi-annual report for 2025 [1] - For the fiscal year 2024, Jingyuntong's revenue composition is as follows: new materials business accounts for 61.37%, electricity for 24.06%, other businesses for 10.76%, energy-saving and environmental protection for 2.91%, and equipment for 0.9% [1] - As of the report, Jingyuntong's market capitalization is 9.3 billion yuan [1]

Core Points - The articles outline the corporate governance structure and operational guidelines for Bingshan Refrigeration & Heat Transfer Technologies Co., Ltd, ensuring compliance with Chinese laws and regulations [2][5][6]. Chapter Summaries Chapter 1: General Provisions - The purpose of the articles is to establish the legal status of the company and regulate its management and organizational behavior [2]. - The company is registered in Dalian Economic and Technological Development Zone, with a legal representative being the chairman of the board [2][3]. - The company is established as a joint-stock limited company, with its assets divided into equal shares, and shareholders are liable only to the extent of their shares [4][5]. Chapter 2: Business Objectives, Scope, and Methods - The company's objective is to adapt to the socialist market economy, focusing on scientific management and resource utilization to enhance economic benefits [7]. - The business scope includes research, design, manufacturing, sales, leasing, installation, and maintenance of refrigeration and heating equipment, among other services [8]. Chapter 3: Registered Capital, Shares, and Stocks - The registered capital of the company is RMB 843,212,507, divided into 843,212,507 shares with a par value of RMB 1 each [9][10]. - The shares consist of ordinary shares and domestic listed foreign shares, with specific regulations on shareholding and transfer [10][11]. Chapter 4: Shareholders - The company maintains a shareholder register, which serves as proof of share ownership, and shareholders have rights and obligations according to their shareholding [20][21]. - Shareholders holding more than 5% of voting shares must report their holdings to the company and relevant authorities [11][20]. Chapter 5: Shareholders' Meeting - The shareholders' meeting is the company's highest authority, consisting of all shareholders, and must be held annually and as needed for special circumstances [26][28]. - The meeting must be announced in advance, and shareholders can participate in person or by proxy [30][32].

Group 1: Consumption Policy and Economic Support - The government has allocated 300 billion yuan in special bonds to support the consumption of old goods, aiming to stimulate consumer potential [1] - As of now, 231 billion yuan has been distributed in three batches, with the remaining funds expected to be released in October [1] - The Ministry of Finance plans to accelerate the introduction of policies to boost consumption and improve the consumption environment [1][6] Group 2: Fiscal Revenue and Expenditure - In the first half of the year, the national general public budget revenue was 1,155.66 billion yuan, a slight decrease of 0.3% year-on-year, while government fund budget revenue was 194.42 billion yuan, down 2.4% [2] - General public budget expenditure increased by 3.4% year-on-year to 1,412.71 billion yuan, with significant growth in social security, education, and environmental protection expenditures [2] - The fiscal policy is focused on maintaining expenditure growth despite a slight contraction in revenue, indicating a proactive fiscal stance to counter economic pressures [2][3] Group 3: Special Bonds and Investment - The issuance of new local government special bonds reached 2.16 trillion yuan in the first half of the year, a 45% increase year-on-year [4] - Special bonds are being used to support project capital, with 191.7 billion yuan allocated for this purpose, marking a 16% increase [4] - The implementation of debt replacement policies has alleviated liquidity pressures and reduced interest expenses for local governments [4] Group 4: Consumer Goods Sales Performance - The "old-for-new" consumption initiative has led to significant sales in various sectors, with total sales reaching 1.6 trillion yuan [5] - Retail sales of home appliances and other consumer goods have seen substantial year-on-year growth, with increases of 30.7% for home appliances and 25.4% for audio-visual equipment [5] - Overall, the social retail sales total increased by 5% year-on-year, surpassing the previous year's growth rate [5] Group 5: Future Consumption Strategies - The Ministry of Finance aims to enhance consumption through new business models and urban development, particularly in major cities [6] - The focus is on building international consumption centers and improving consumer experience to stimulate domestic demand [6] - The dual-track strategy for consumption policies aims to foster both immediate consumption boosts and long-term market resilience [6]

Core Viewpoint - The July Purchasing Managers' Index (PMI) for strategic emerging industries shows a seasonal decline but has turned positive year-on-year, indicating resilience in industrial prosperity despite a slight month-on-month decrease [1][5][6]. Group 1: PMI Overview - The July EPMI decreased by 1.1 points to 46.8, with only the new materials sector remaining in the expansion zone among seven sub-industries, reflecting a reduction in the number of expanding sectors [1][5][9]. - The absolute prosperity level is 0.7 points higher than the same period last year, marking a transition from negative to positive year-on-year growth [1][8]. Group 2: Sub-Indicators Analysis - In July, production, product orders, and export orders in emerging industries fell by 1.3, 1.5, and 2.2 points respectively, with export orders declining for two consecutive months [2][9]. - The production-to-demand ratio remained stable at 2.2, fluctuating within a narrow range for five months [2][12]. - Financing conditions improved, with the difficulty of obtaining loans decreasing by 1.4 points in July [2][14]. - A notable positive signal is the stabilization of sales prices, which increased by 1.7 points, while purchase prices continued to decline [2][14]. Group 3: Sector-Specific Insights - The new materials sector has shown a continuous increase in prosperity for three months, with a July index above 50, indicating strong performance compared to other sectors [3][17]. - High-end equipment manufacturing and energy-saving environmental protection sectors maintained resilience, while the biotechnology and new energy vehicle sectors saw a decline in prosperity [3][17]. - Export orders for biotechnology and new energy vehicles fell significantly, by 17.7 and 10.1 points respectively [3][20]. Group 4: Market Implications - The EPMI data suggests a generally positive impact on the market, with the month-on-month decline being anticipated and the year-on-year increase indicating a slope lower than seasonal averages [4][22]. - The shift in key industry sales price indices from decline to increase reflects the effectiveness of "anti-involution" policies in stabilizing nominal growth [4][22].

Core Insights - The "trade-in" policy is undergoing a comprehensive upgrade in 2025, driven by coordinated fiscal policies and local support measures, resulting in significant consumer subsidies and sales growth [1][2] - The ultimate goal of the "trade-in" initiative is to stimulate consumer demand, which in turn promotes technological innovation and supply optimization in the industry, creating a dual-driven model of "consumption leading to industrial upgrade" [1][4] Group 1: Policy Implementation - The collaboration between central fiscal leverage and local initiatives is a key highlight of the policy upgrade, effectively activating diverse local funding mechanisms [2][3] - Various regions have introduced innovative measures based on local industrial characteristics and consumer needs, such as targeted subsidies for smart appliances and expanding coverage to include smartphones and products for the elderly [2][3] - The "central coordination + local innovation" approach has significantly enhanced policy effectiveness, with millions of subsidy applications processed and a focus on long-term market dynamics rather than short-term boosts [3] Group 2: Market Impact - The "trade-in" policy has become a core engine for driving market circulation, shifting consumer demand from mere functionality to quality experience, and accelerating technological iteration and supply innovation in the industry [3][4] - The policy has led to substantial sales figures, including 77.618 million home appliances and 56.629 million digital products sold, indicating a strong market response [3] - The initiative is facilitating a deep transformation in consumer concepts and lifestyles towards greener, smarter, and more human-centered products, aligning with future trends [4] Group 3: Economic Transformation - The strategic guidance of fiscal funds is fostering a positive interaction between industrial and consumer upgrades, encouraging the elimination of outdated products while promoting high-value, high-tech manufacturing [4][5] - The strong market pull from consumer spending on smart and energy-efficient products is providing direct and robust driving force for industrial transformation [4][5] - The synergy between policy innovation and market vitality is positioning the "trade-in" initiative as a strategic lever for high-quality development, creating a dynamic balance between demand and supply [5]