Company Overview - China Overseas Development Limited, a subsidiary of China State Construction Engineering Corporation, was founded in Hong Kong in 1979 and listed on the Hong Kong Stock Exchange in 1992 under the stock code 00688.HK. The company has over 46 years of experience in real estate development and property management, operating in more than 80 cities across mainland China, Hong Kong, Macau, the UK, and Singapore. It possesses industry-leading capabilities in design, development, construction, operation, and property services, with three main business segments: real estate development, urban operation, and innovative business [1]. Carbon Neutrality Initiatives - In 2023, the company released the industry's first "Carbon Neutrality White Paper," establishing a strategic plan called "1333," focusing on "carbon peak" and "carbon neutrality" as core objectives. The plan outlines three phases from 2025 to 2060, with a commitment to reduce carbon emissions intensity by over 30% per unit area by 2030 (based on 2019 levels) and striving for carbon neutrality by 2060. This initiative sets a benchmark for other companies in the industry, encouraging more enterprises to engage in green transformation [2]. Zero Carbon Building Projects - The company has laid out zero carbon building demonstration projects across major climate zones in China. In 2024, three projects, including Shenzhen China Overseas Building and Beijing China Overseas Financial Center, were selected as part of the first batch of zero carbon building projects in the country. The Shenzhen China Overseas Building, which began construction in December 2020, employs 11 energy-saving and carbon-reduction technologies, achieving a comprehensive energy-saving rate of 61% and receiving multiple certifications, including near-zero energy design certification and WELL Gold certification. The Beijing China Overseas Financial Center utilizes geothermal heat pumps and advanced HVAC systems, achieving a building energy-saving rate of 70% and a carbon reduction rate of 68%. The company has developed a cumulative area of 600,000 square meters of near-zero energy and zero carbon buildings, covering various sectors such as residential and commercial [3]. Expert Commentary - Experts note that China Overseas Development is seizing new opportunities in the market by focusing on zero carbon buildings and green communities, transforming sustainable concepts into powerful drivers for urban renewal and real estate growth [3].

Core Viewpoint - The Hainan Provincial Government has issued the "Hainan Low Carbon Island Construction Plan," aiming to establish Hainan as a showcase for China's advanced low-carbon development concepts, technologies, and practices, with specific targets for carbon peak by 2030, full low-carbon island construction by 2045, and carbon neutrality by 2060 [1][2]. Summary by Relevant Sections Low Carbon Goals and Timeline - The low carbon island construction goals are segmented into three timelines: achieving carbon peak by 2030, completing low-carbon island construction by 2045, and reaching carbon neutrality by 2060, aligning with China's climate change commitments [2]. Construction Pathway - The construction pathway is outlined as "first laying the foundation—promoting energy efficiency—producing green energy—storing green energy—self-circulation—carbon absorption—smart management," focusing on building a new zero-carbon energy system and establishing six major systems: industrial decarbonization, urban and rural decarbonization, transportation decarbonization, ecological carbon fixation, smart carbon management, and long-term carbon governance [2]. Specific Measures and Innovations - Notable measures include the phased withdrawal of coal-fired power units, achieving 100% electrification in terminal sectors by 2045 (excluding industrial and interprovincial transport), accelerating CCUS technology innovations in the industrial sector, promoting zero-carbon buildings, and ensuring that by 2030, 100% of new and replacement private vehicles are electric, with full electrification of all vehicle types by 2045 [2]. Green Development as a Foundation - The concept of Chinese-style modernization emphasizes harmonious coexistence between humans and nature, positioning green development as a fundamental aspect of Hainan's free trade port construction, with aspirations to become a benchmark for green low-carbon transformation in medium and large islands [3].

Core Points - Hainan Province is actively promoting green low-carbon transformation in urban and rural construction through four key measures: improving policy standards, strengthening technological research, creating demonstration projects, and enhancing publicity and promotion [1][2] Policy Standards - The "Hainan Province Green Building Development Regulations" introduced in 2022 aims to promote high-quality development of green buildings and reduce carbon emissions in construction [1] - Supporting documents such as the "Hainan Province Urban and Rural Construction Carbon Peak Implementation Plan" and various technical specifications have been developed to establish a comprehensive policy framework for green low-carbon goals [1] Technological Innovation - Hainan's 2025 Science and Technology Plan has collected 14 research projects covering areas like green low-carbon housing and intelligent construction [1] - Key provincial R&D projects include "Tropical Building Science Key Technology Research" and "Hainan Zero Carbon Building Technology System and Key Technology Research," providing technological support for green low-carbon building development [1] Demonstration Projects - The Boao Near-Zero Carbon Demonstration Zone officially started operation on March 18, 2024, achieving regional zero-carbon operation and being recognized as "internationally first-class and domestically leading" [2] - The experience from Boao is being promoted in cities like Haikou, Sanya, and Wenchang, with plans for new zero-carbon building projects [2] Publicity and Promotion - Hainan's construction department enhances awareness of green buildings through training sessions, typical case releases, and international conferences [2] - Four projects, including the Wenchang Qishui Bay Tourism Resort Complex, have received national near-zero energy and zero-carbon building certification [2] - The International Green Building and Energy Conservation Conference held in Haikou focused on green building technology innovation and resilient urban-rural construction [2] Future Plans - The Hainan construction department will implement the "Hainan Province Accelerating Energy Conservation and Carbon Reduction in the Construction Sector Implementation Plan" and promote the development of the "Hainan Zero Carbon Building Technology Standard" [2]